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.

Lauren Tonokawa

MD of Communications

Past deals in Energy

Fervo Energy

Series B in 2021
Fervo Energy is a next-generation geothermal developer generating clean power in new places. Fervo Energy commercializes proprietary technology to own, develop, and operate geothermal assets as the dispatchable foundation to a 100% clean energy future.

BlocPower

Series A in 2021
BlocPower is an energy technology startup based in Los Angeles, California, focused on providing solar power and energy efficiency solutions. The company aims to reduce energy bills for a diverse clientele, including churches, schools, small businesses, non-profits, and homeowners. By upgrading buildings to be smarter and more environmentally friendly, BlocPower addresses climate challenges while improving the overall health and efficiency of these spaces. The company's platform connects various stakeholders, such as governments, utilities, building owners, lenders, contractors, and providers of smart equipment, to facilitate the development of greener, healthier buildings.

BlocPower

Venture Round in 2020
BlocPower is an energy technology startup based in Los Angeles, California, focused on providing solar power and energy efficiency solutions. The company aims to reduce energy bills for a diverse clientele, including churches, schools, small businesses, non-profits, and homeowners. By upgrading buildings to be smarter and more environmentally friendly, BlocPower addresses climate challenges while improving the overall health and efficiency of these spaces. The company's platform connects various stakeholders, such as governments, utilities, building owners, lenders, contractors, and providers of smart equipment, to facilitate the development of greener, healthier buildings.
Blue Planet Energy Systems, LLC, founded in 2015 and based in Honolulu, Hawaii, specializes in developing pre-packaged energy storage systems designed for residential and commercial solar photovoltaic applications. The company aims to enhance energy independence and promote renewable energy adoption by replacing traditional electrical grids with a distributed energy model. Its flagship product, Blue Ion, integrates advanced battery technology with robust safety features and extended lifespan, complemented by sophisticated software controls to facilitate smart microgrids. Blue Planet Energy has established a significant presence in off-grid and grid-edge markets throughout North America, highlighted by its recent involvement in the largest energy resilience initiative in the United States for the American Red Cross, which encompasses over 6MW of solar power and 11 MWh of Blue Ion storage across 110 microgrids in Puerto Rico.

Nnergix

Grant in 2017
Nnergix collects weather and energy data from multiple sources from the industry in order to feed owned machine learning based algorithms to run several analytic solutions with the main goal to help any player in the field to be more efficient during operations and reduce costs.

Shifted Energy

Grant in 2017
Shifted Energy, Inc. develops software solutions and controllers that converts electric water heaters into valuable demand response assets, that enables utilities to stabilize its grid while accelerating the integration of renewable energy. It offers Grid Maestro, a virtual power plant for electric water heaters; as well as Tempo, an electric water heater retrofit controller. Its software technology serves utilities, distributed energy aggregators, building managers, homeowners, and renters. The company was founded in 2014 and is based in Honolulu, Hawaii.

Opus One Solutions

Grant in 2017
Opus One Solutions Energy Corporation is a software engineering company that specializes in innovative energy management solutions. Founded in 2011 and headquartered in Richmond Hill, Canada, with additional offices in Massachusetts and New York, the company has developed GridOS, a pioneering real-time operating system designed for smart grid applications. GridOS integrates various energy resources, including generation, storage, and demand, with information systems such as sensors and analytics to enhance grid management. The platform supports distributed energy resource management, microgrid operations, and transactive energy functionalities, allowing utilities to optimize energy planning and operations. By leveraging intelligent algorithms for real-time analytics, Opus One Solutions aims to improve grid reliability, efficiency, and sustainability, ultimately facilitating the transition to a cleaner energy future.

Carbon Lighthouse

Seed Round in 2016
Carbon Lighthouse, LLC specializes in providing energy solutions aimed at reducing utility costs and carbon emissions for commercial real estate, educational institutions, hospitality, and industrial sectors across the United States. Founded in 2010 and headquartered in San Francisco, the company focuses on implementing energy efficiency measures such as optimizing heating, ventilation, and air conditioning systems, and improving equipment performance through the installation of energy-saving technologies. Additionally, Carbon Lighthouse offers onsite renewable energy solutions, including solar photovoltaic systems, and provides consulting services that assist clients in navigating energy sourcing strategies and regulatory requirements. By addressing hidden inefficiencies within buildings, Carbon Lighthouse helps property owners and managers enhance comfort, increase net operating income, and achieve sustainability objectives, ultimately contributing to the fight against climate change.

Bidgely

Series B in 2015
Bidgely, Inc. is a technology company specializing in energy analytics and utility solutions. Founded in 2011 and headquartered in Mountain View, California, with an additional office in Bengaluru, India, Bidgely offers innovative products such as HomeBeat, a cloud-based software that disaggregates energy consumption data at the appliance level. The company's UtilityAI Platform generates customer insights based on actual energy usage patterns, enabling utilities to enhance energy efficiency and consumer engagement. By providing these advanced analytics, Bidgely aims to deliver its technology to residential customers worldwide, contributing to significant energy savings and improved understanding of energy consumption behaviors.

Shifted Energy

Seed Round in 2015
Shifted Energy, Inc. develops software solutions and controllers that converts electric water heaters into valuable demand response assets, that enables utilities to stabilize its grid while accelerating the integration of renewable energy. It offers Grid Maestro, a virtual power plant for electric water heaters; as well as Tempo, an electric water heater retrofit controller. Its software technology serves utilities, distributed energy aggregators, building managers, homeowners, and renters. The company was founded in 2014 and is based in Honolulu, Hawaii.

Stem

Series B in 2015
Stem brings and optimizes energy consumption to business through its distributed storage technology. Since 2009, Stem has been analyzing how various types of businesses use electricity and how they are charged for it. The company uses this information to design a solution that protects companies from unnecessarily high electricity costs without requiring any changes to the way they run their businesses. Stem combines big data, predictive analytics and energy storage to reduce electric costs for businesses and in aggregate, deliver services to the grid.

Geli

Seed Round in 2014
Geli, which stands for Growing Energy Labs, Inc., provides software and business solutions to design, automate, and manage energy storage systems. Geli’s suite of products creates an ecosystem where project developers, OEMs, financiers, and project operators can deploy advanced energy projects using a seamless hardware-agnostic software platform.