Elemental Impact

Elemental Impact, established in 2009 and located in Honolulu, Hawaii, is an impact investment firm dedicated to fostering positive change through strategic investments. The firm focuses on supporting companies in the energy, mobility, agriculture, circular economy, and water sectors. Elemental Impact aims to improve systems that significantly affect people's lives and has actively invested in numerous startups to facilitate this mission. By providing financial backing and resources, Elemental Impact contributes to the growth of innovative solutions that address critical global challenges.

Mike Curtis

Managing Director, Finance

Danya Hakeem

Managing Director Portfolio

Danielle Harris

Managing Director, Engagement and Innovation

Kimberly Morris

Senior Director of Innovation

Mitch Rubin

Director of Innovation

Joshua Stanbro

Deputy Director, Policy Lab

Past deals in Biofuel

Planet FWD

Series A in 2022
Planet FWD is a San Francisco-based company focused on producing snacks made from regenerative ingredients aimed at reducing carbon emissions in the food system. By sourcing from farmers who employ carbon-capturing practices, the company not only supports sustainable agriculture but also promotes the use of climate-friendly products. Additionally, Planet FWD operates a regenerative food platform that connects brands and consumers interested in creating and consuming environmentally responsible products. Its commitment to sustainability extends to using compostable packaging, further enabling consumers to minimize their carbon footprint.

BlocPower

Series A in 2021
BlocPower is an energy technology startup based in Los Angeles, California, focused on developing sustainable solutions for buildings. The company provides solar power and energy efficiency products aimed at reducing energy costs for churches, schools, small businesses, non-profits, and homeowners. By leveraging data, thermodynamic models, and advanced technology, BlocPower upgrades buildings to make them healthier, greener, and smarter, while also tackling carbon emissions. The company collaborates with various stakeholders, including governments, utilities, building owners, lenders, contractors, and equipment providers, to electrify buildings and promote energy savings, particularly in financially underserved communities. Through its initiatives, BlocPower aims to contribute to the creation of environmentally friendly and healthy urban spaces.

BlocPower

Series A in 2021
BlocPower is an energy technology startup based in Los Angeles, California, focused on developing sustainable solutions for buildings. The company provides solar power and energy efficiency products aimed at reducing energy costs for churches, schools, small businesses, non-profits, and homeowners. By leveraging data, thermodynamic models, and advanced technology, BlocPower upgrades buildings to make them healthier, greener, and smarter, while also tackling carbon emissions. The company collaborates with various stakeholders, including governments, utilities, building owners, lenders, contractors, and equipment providers, to electrify buildings and promote energy savings, particularly in financially underserved communities. Through its initiatives, BlocPower aims to contribute to the creation of environmentally friendly and healthy urban spaces.

BlocPower

Venture Round in 2020
BlocPower is an energy technology startup based in Los Angeles, California, focused on developing sustainable solutions for buildings. The company provides solar power and energy efficiency products aimed at reducing energy costs for churches, schools, small businesses, non-profits, and homeowners. By leveraging data, thermodynamic models, and advanced technology, BlocPower upgrades buildings to make them healthier, greener, and smarter, while also tackling carbon emissions. The company collaborates with various stakeholders, including governments, utilities, building owners, lenders, contractors, and equipment providers, to electrify buildings and promote energy savings, particularly in financially underserved communities. Through its initiatives, BlocPower aims to contribute to the creation of environmentally friendly and healthy urban spaces.

Blue Ocean Barns

Grant in 2019
Blue Ocean Barns is a United States-based company that focuses on sourcing, processing, and marketing seaweed as a feed additive for cattle. This innovative approach aims to reduce methane emissions associated with cattle farming, contributing to climate-friendly dairy and beef production. By promoting the use of seaweed, Blue Ocean Barns seeks to create sustainable natural ecosystems that benefit both consumers and the environment. The company's efforts enable access to more sustainable options in the dairy and beef sectors.

Terviva

Series D in 2019
Terviva is an agricultural company focused on developing and commercializing pongamia, a crop suitable for underproductive agricultural land. Founded in 2010 and based in Oakland, California, Terviva utilizes patented pongamia genetics and advanced propagation techniques to cultivate trees that produce seeds for oil, which can be converted into biofuels and chemicals. The company also generates high-protein de-oiled pongamia seed cake appropriate for animal feed and biomass pods for bio-power production. By offering sustainable food and fuel solutions, Terviva aims to support farmers in their efforts to provide for communities while promoting environmental stewardship.

Twelve

Grant in 2017
Twelve, formerly known as Opus 12, is a Berkeley, California-based company that specializes in recycling carbon dioxide emissions into valuable chemicals and fuels. Founded in 2015, the company has developed innovative technology that can be integrated with any source of CO₂ emissions. By utilizing only water and electricity as inputs, Twelve transforms captured carbon dioxide into essential products such as methane, ethylene, and ethanol. The firm aims to provide a cost-competitive alternative to petroleum-derived chemicals and fuels, thereby addressing carbon emissions while simultaneously creating economically viable solutions.

Allume Energy

Pre Seed Round in 2017
Allume Energy Pty. Ltd. is a renewable energy technology company based in Melbourne, Australia, specializing in providing solar-powered electricity to apartment residents. Founded in 2015, the company focuses on solar energy systems designed for multi-unit dwellings, facilitating grid sharing and offering solar as a service to Australian communities. In addition to selling and installing solar energy systems, Allume Energy provides a real-time application that allows users to track their electricity usage.

Edisun Microgrids

Seed Round in 2016
Edisun Heliostats develops low cost concentrated solar power with built-in storage using rocks as a storage medium. The company was incorporated in 2013 and is based in Pasadena, California.

Kunoa Cattle Company

Seed Round in 2015
Kunoa Cattle Company, LLC, established in 2014 and located in Kilauea, Hawaii, focuses on large-scale local food production by raising cattle through vertically integrated supply chains. The company aims to provide abundant, fresh, and healthy beef products by utilizing local forages and implementing holistic planned grazing techniques. Their livestock harvest facility is powered by renewable energy, ensuring that consumers receive quality-oriented, pasture-raised, and natural beef. Kunoa Cattle Company emphasizes sustainable practices in its operations, contributing to the local food ecosystem while meeting consumer demand for ethically sourced beef.
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