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 Storage

Liminal

Venture Round in 2019
Feasible, Inc. designs and develops a battery analytics system. The company offers a battery intelligence platform, known as EchoStat, that uses ultrasound waves to detect differentials within one cell, between multiple cells, and between production lines. It also provides a screening and analytics platform that analyses data generated through EchoStat. The company caters to automotive, residential storage, grid storage, and consumer electronics industries. Feasible, Inc. was founded in 2015 and is based in Emeryville, California.
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.

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.

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.

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.

Rebound Technologies

Seed Round in 2015
Rebound Technologies, Inc. manufactures and supplies embedded thermal energy storage systems for commercial freezer environments and off-grid cooling environments. It offers IcePoint, a low temperature refrigeration cooling equipment for supermarkets; and SunChill, an off-grid refrigeration solution that enables increased agricultural productivity by removing field heat from crops immediately following harvest, and provides continued product cooling at local markets and central processing facilities. The company’s products are used by retail stores and farmers in the United States. Rebound Technologies, Inc. was founded in 2012 and is headquartered in Commerce City, Colorado.

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.

Spider9

Grant in 2015
Spider9 is a clean technology startup that provides renewable energy storage solutions and software control systems. It develops residential and small commercial solutions, commercial and industrial solutions, utility and large commercial solutions, and control solutions. The company’s products include Spider Vault: a product line designed to meet home, small business, and community energy storage needs that can be used to reduce utility demand charges, increase solar self-consumption, provide backup power, and take an entire home or facility off-grid; Spider Rack Pro: a modular energy storage unit used for emergency backup power, electricity bill reduction, electrical islanding, renewable microgrid operation, and more; Spider Vault Max: a solution that integrates Spider Rack Pro energy storage units into a standard shipping container modified to include all mechanical support structures, HVAC, fire suppression, lighting, and safety controls; and OSE: a system that allows energy storage systems to build operation protocol from data drawn from demand response software, building management systems, and utility signals as well as to serve as a site controller for microgrids and other energy networks. Spider9 was founded in 2011 and is based in Michigan, United States.

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.

Amber Kinetics

Seed Round in 2014
Amber Kinetics, Inc. engineers and develops modular flywheel energy storage projects. The company was founded in 2009 and is based in Union City, California.