Breakthrough Energy Ventures

Breakthrough Energy Ventures is an investor-led venture capital firm based in Kirkland, Washington, focused on climate and energy technology. It makes minority investments across seed, early, and later stages in companies delivering environmental services, climate technology, and cleantech solutions. The firm seeks scalable technologies that provide reliable, affordable power while reducing greenhouse gas emissions and supports innovations that address energy access, infrastructure, and transportation needs. Its mission emphasizes patient, impact-oriented investing to accelerate the transition to low-emission energy systems.

Bunmi Adekore

Investor

Tara Bansal

Investor

Gaëtan Bonhomme

Investor

Jim Cabot

Managing Director

Bhargavi Chevva

Investor

Past deals in Geospatial

KoBold Metals

Series C in 2024
KoBold Metals specializes in global mineral exploration for battery materials. It combines geological expertise with advanced data analytics and machine learning to identify prospective cobalt sources, supporting the electric vehicle revolution.

Dandelion Energy

Series C in 2024
Dandelion Energy, Inc. is a Palo Alto, California-based company founded in 2017 that specializes in affordable geothermal heating and cooling solutions. The company replaces traditional air conditioning and heating systems with an innovative home geothermal system that utilizes a powerful heat pump and underground pipes to transfer heat between the earth and the residence. This system is designed to harness thermal energy from below the earth's surface to regulate indoor temperatures and provide hot water, allowing homeowners to transition from conventional heating fuels to a more sustainable geothermal alternative. Dandelion Energy is committed to making renewable heating and cooling accessible and cost-effective for homeowners.

Albedo

Series A in 2024
Albedo designs and manufactures aviation and aerospace components and operates a constellation of low-flying satellites that capture high-resolution visible and thermal imagery. Its Earth observation technology serves commercial applications such as environmental monitoring and precision agriculture by delivering globally accessible, affordable imagery that is easy to task and applicable across industries.

GeologicAI

Series A in 2023
GeologicAI develops a cloud‑based platform that hosts, visualises and analyses geological, production and related data for the oil and gas sector. The system specialises in generating and analysing geological information at millimetre resolution, a capability essential for exploring and producing unconventional resources. By delivering detailed reservoir insights, the platform supports exploration and production companies in both oil and gas and mining industries.

GeologicAI

Series A in 2023
GeologicAI develops a cloud‑based platform that hosts, visualises and analyses geological, production and related data for the oil and gas sector. The system specialises in generating and analysing geological information at millimetre resolution, a capability essential for exploring and producing unconventional resources. By delivering detailed reservoir insights, the platform supports exploration and production companies in both oil and gas and mining industries.

KoBold Metals

Series B in 2023
KoBold Metals specializes in global mineral exploration for battery materials. It combines geological expertise with advanced data analytics and machine learning to identify prospective cobalt sources, supporting the electric vehicle revolution.

Kodama Systems

Seed Round in 2022
Kodama Systems is a technology company focused on forest management, aiming to enhance forest resilience and carbon sequestration. Its innovative solutions streamline in-field operations through a comprehensive approach that improves productivity in forest thinning. The company's technology leverages simulation, teleoperation, and equipment integration to provide valuable feedback and insights. By addressing the challenges posed by wildfires and carbon emissions, Kodama Systems supports the construction and mining industries in their efforts to mitigate climate impacts while promoting sustainable forestry practices.

Dandelion Energy

Series B in 2022
Dandelion Energy, Inc. is a Palo Alto, California-based company founded in 2017 that specializes in affordable geothermal heating and cooling solutions. The company replaces traditional air conditioning and heating systems with an innovative home geothermal system that utilizes a powerful heat pump and underground pipes to transfer heat between the earth and the residence. This system is designed to harness thermal energy from below the earth's surface to regulate indoor temperatures and provide hot water, allowing homeowners to transition from conventional heating fuels to a more sustainable geothermal alternative. Dandelion Energy is committed to making renewable heating and cooling accessible and cost-effective for homeowners.

Data Blanket

Seed Round in 2022
Data Blanket develops an AI-driven firefighting platform that uses drone swarms and real-time analytics to assist wildfire responders. The system provides situational awareness, actionable information, and decision support to firefighters, helping them coordinate efforts and respond more effectively. By supporting firefighters and protecting lives, property, and forests, the technology aims to reduce wildfire damage and emissions.

Albedo

Series A in 2022
Albedo designs and manufactures aviation and aerospace components and operates a constellation of low-flying satellites that capture high-resolution visible and thermal imagery. Its Earth observation technology serves commercial applications such as environmental monitoring and precision agriculture by delivering globally accessible, affordable imagery that is easy to task and applicable across industries.

KoBold Metals

Series B in 2022
KoBold Metals specializes in global mineral exploration for battery materials. It combines geological expertise with advanced data analytics and machine learning to identify prospective cobalt sources, supporting the electric vehicle revolution.

Dandelion Energy

Series B in 2021
Dandelion Energy, Inc. is a Palo Alto, California-based company founded in 2017 that specializes in affordable geothermal heating and cooling solutions. The company replaces traditional air conditioning and heating systems with an innovative home geothermal system that utilizes a powerful heat pump and underground pipes to transfer heat between the earth and the residence. This system is designed to harness thermal energy from below the earth's surface to regulate indoor temperatures and provide hot water, allowing homeowners to transition from conventional heating fuels to a more sustainable geothermal alternative. Dandelion Energy is committed to making renewable heating and cooling accessible and cost-effective for homeowners.
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