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 Electricity

OhmConnect

Series D in 2022
OhmConnect, Inc. is a technology company based in Oakland, California, that focuses on transforming household energy savings into monetary compensation. Established in 2013, it operates as a software-based power plant, encouraging users to reduce their electricity consumption during peak demand periods. Instead of activating traditional fossil fuel power plants, OhmConnect compensates users for their energy reductions, which can be sold into energy markets as additional generation. The company integrates with users' smart devices, such as Wi-Fi thermostats and electric vehicles, to automate energy savings and provide real-time analytics on energy usage. Users earn points for participating in energy reduction events, which can be redeemed for cash. Through its innovative approach, OhmConnect aims to promote environmental sustainability while helping users save on their electricity bills.

OhmConnect

Series C in 2020
OhmConnect, Inc. is a technology company based in Oakland, California, that focuses on transforming household energy savings into monetary compensation. Established in 2013, it operates as a software-based power plant, encouraging users to reduce their electricity consumption during peak demand periods. Instead of activating traditional fossil fuel power plants, OhmConnect compensates users for their energy reductions, which can be sold into energy markets as additional generation. The company integrates with users' smart devices, such as Wi-Fi thermostats and electric vehicles, to automate energy savings and provide real-time analytics on energy usage. Users earn points for participating in energy reduction events, which can be redeemed for cash. Through its innovative approach, OhmConnect aims to promote environmental sustainability while helping users save on their electricity bills.

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.

Go Electric

Grant in 2017
Go Electric Inc. is a green technology company focused on developing energy solutions for facilities and utilities. Founded in 2011 and headquartered in Anderson, Indiana, with additional offices in Brooklyn and Honolulu, the company specializes in customer side of the meter energy systems. Its key product, AutoLYNC, is a microgrid and uninterruptible power system that synchronizes and optimizes multiple AC and DC power sources, providing reliable electrical power at the correct frequency, phase, and voltage. By integrating renewable energy, advanced batteries, and generators, Go Electric aims to reduce energy costs, enhance grid stability, and ensure energy security for various applications, including government, military, and industrial sectors in New York City.

FreeWire

Seed Round in 2015
FreeWire Technologies, Inc. is a manufacturer of mobile electric vehicle (EV) chargers based in San Leandro, California. Established in 2014, the company specializes in smart battery systems that provide mobile and distributed power solutions. Its product line includes the Mobi Charger v0, capable of charging at speeds of up to 5kW, the Mobi Charger v1, which offers charging as a service with attendant support, and the Mobi Charger v2, a semi-autonomous unit that provides dual level 2 and single level 3 charging options. FreeWire's systems deliver clean and quiet power on-site, effectively replacing or supplementing diesel generators for various remote power applications. By offering flexible and easily deployable charging solutions, FreeWire enables its customers to electrify operations previously reliant on fossil fuels while avoiding the complexity and costs associated with traditional infrastructure upgrades. The company is supported by venture capital and partnerships with global corporations.

WattIQ

Seed Round in 2014
WattIQ, originally founded as Ibis Networks in 2013, specializes in energy management solutions aimed at reducing energy waste from electrical devices. The company addresses the significant financial losses businesses incur from devices that consume power when not in active use. WattIQ's product line includes advanced networked smart plugs designed for scalability and reliability, particularly in higher education and K-12 institutions. Recent expansions of their offerings focus on asset utilization and condition monitoring, allowing businesses to leverage energy consumption data to optimize resource sharing, minimize unnecessary equipment purchases, identify operational bottlenecks, and lower their carbon footprint. With a commitment to enhancing asset management and sustainability, WattIQ empowers organizations to make informed decisions regarding energy use and procurement. The company operates from its headquarters in Honolulu, Hawaii, with additional locations in California and Washington.

WattIQ

Seed Round in 2013
WattIQ, originally founded as Ibis Networks in 2013, specializes in energy management solutions aimed at reducing energy waste from electrical devices. The company addresses the significant financial losses businesses incur from devices that consume power when not in active use. WattIQ's product line includes advanced networked smart plugs designed for scalability and reliability, particularly in higher education and K-12 institutions. Recent expansions of their offerings focus on asset utilization and condition monitoring, allowing businesses to leverage energy consumption data to optimize resource sharing, minimize unnecessary equipment purchases, identify operational bottlenecks, and lower their carbon footprint. With a commitment to enhancing asset management and sustainability, WattIQ empowers organizations to make informed decisions regarding energy use and procurement. The company operates from its headquarters in Honolulu, Hawaii, with additional locations in California and Washington.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.