Earth Foundry

Earth Foundry is a venture capital firm that focuses on investing in cleantech startups, particularly those innovating in the energy sector. The company collaborates with leading energy firms to develop and expand new ventures, leveraging a unique approach that combines financial investment with strategic partnerships. Earth Foundry provides essential resources and relationships to support entrepreneurs in bringing their innovative ideas to market, aiming to drive the growth of sustainable energy solutions.

Jason Cahill

Principal

Sara Chamberlain

Managing Director

36 past transactions

Oxylus Energy

Seed Round in 2024
Oxylus Energy focuses on innovative carbon utilization technology aimed at producing sustainable e-fuels from captured carbon dioxide. By employing a proprietary electrochemical process, the company converts CO2 into methanol, a clean-burning and versatile fuel. This approach not only provides a valuable waste product transformation but also supports the industrial sector in reducing dependence on fossil fuels, contributing to significant carbon reductions. Oxylus Energy is committed to making carbon capture and conversion competitive, scalable, and sustainable, ultimately promoting a decarbonized future.

Polystyvert

Series B in 2024
Polystyvert Inc., founded in 2011 and based in Anjou, Canada, specializes in polystyrene recycling services. The company utilizes innovative dissolution technology to efficiently collect and recycle polystyrene, restoring it to its original quality. By doing so, Polystyvert aims to significantly reduce the amount of polystyrene waste in landfills while minimizing fossil fuel consumption and promoting environmental sustainability. Their approach not only enhances the product life cycle of polystyrene but also contributes to eco-friendly practices within the industry.

Earthshot Labs

Venture Round in 2024
Earthshot Labs operates an AI-powered platform that connects investors, carbon buyers, and land stewards to finance ecological restoration projects. The platform is designed to facilitate climate mitigation by offering a comprehensive tool that helps users identify specific regenerative strategies for various land parcels. This approach aims to promote landscape-level ecosystem regeneration, allowing clients to unlock the full natural and economic potential of their land. By prioritizing equitable outcomes for local communities, Earthshot Labs seeks to address ecological challenges on a planetary scale.

Harvest Thermal

Seed Round in 2023
Harvest Thermal develops a control system for home use that integrates heating, hot water, and cooling with thermal storage. Its Harvest Thermal Pod is a cloud-connected IoT device that is machine learning enabled. It aims to provide affordable and low-carbon heating, hot water, and cooling systems that reduce the impact on the planet while providing comfort and safer homes.

3E Nano

Seed Round in 2023
3E Nano Inc. is a Canadian company that specializes in the development and commercialization of diamond-like carbon coatings designed to manage heat and light emission. Founded in 2006 and headquartered in Kitchener, the company produces optically and thermally tunable solar control coatings suitable for a range of applications, including windows, windshields, greenhouses, and other transparent media. Their low-cost, nano-thin film technology allows manufacturers to create energy-efficient products that contribute to greenhouse gas reduction. By focusing on innovative coatings for buildings and vehicles, 3E Nano aims to enhance energy management and sustainability in various industries.

Recurve

Series B in 2022
Recurve is an open-source software-as-a-service platform based in Mill Valley, California, founded in 2005. The company provides tools that enable utilities to utilize smart meter data for measuring energy usage effectively. Its platform is designed to identify the resource potential behind customer meters, facilitating the deployment of programs that respond to hourly price signals. This approach promotes marketplace innovation and allows businesses to develop and implement demand flexibility strategies, effectively functioning as a virtual power plant. Additionally, Recurve offers software tailored for contractors involved in home energy audits, enhancing energy efficiency and supporting remodeling and construction services.

Azumo

Venture Round in 2022
Azumo front light is here to light the way to the new era of high efficiency, durable displays that don’t fight the environment but work in tandem with it. The time has come for all of us to reflect on what displays can do for devices.

Network Perception

Series A in 2022
Network Perception, Inc. specializes in network device configuration analysis software designed to help organizations visualize and manage their network effectively. Established in 2013 and based in Chicago, Illinois, the company offers solutions that simplify firewall auditing and provide continuous monitoring capabilities. Its platform conducts automated, comprehensive analyses of network device configuration files, enabling organizations to assess firewalls and identify cyber vulnerabilities. By doing so, Network Perception assists corporate compliance and cybersecurity managers in ensuring that network configurations align with best practices and regulatory standards. The company initially launched in 2014 at the University of Illinois at Urbana-Champaign Research Park.

e-Zinc

Series A in 2022
e-Zinc is a company that has pioneered a novel electrochemical technology for energy storage using zinc metal. This innovative solution provides a low-cost and flexible method for long-duration energy storage, crucial for facilitating a transition to renewable energy sources. The technology involves an electrochemical cell composed of recyclable materials, where energy is absorbed in the charging section and released in the discharging section as zinc metal is dissolved. This system allows businesses to effectively store and utilize energy during peak demand periods, contributing to cost reduction and supporting the shift toward a zero-carbon energy future.

Omnidian

Series B in 2021
Omnidian, Inc. is an insurance company based in Seattle, Washington, specializing in protection plans for residential, commercial, and industrial solar energy systems. Founded in 2015, the company offers comprehensive services that include monitoring, field service repair, and lifetime performance guarantees for solar installations. Omnidian's solutions are designed for both individual homeowners and financial institutions managing large portfolios of residential solar assets. Their offerings encompass real-time performance monitoring, proactive service alerts, and full coverage for hardware and software issues through a nationwide network of service professionals. Additionally, Omnidian guarantees reimbursement for energy loss, ensuring that investments in solar energy are protected and optimized throughout the system's lifecycle. The company aims to support the growth of the residential solar industry while providing peace of mind to its clients.

Volexion

Seed Round in 2021
Volexion Inc. is a manufacturer of lithium-ion batteries based in Chicago, Illinois, established in 2018. The company specializes in innovative graphene coating technology designed for commercial lithium-ion cathode materials. This advanced technology significantly enhances battery performance, offering improvements such as longer battery life, better power output, and a broader voltage range. Volexion's approach provides clients with a stable and efficient solution that optimizes the electrochemical performance of conventional lithium-ion batteries.

Network Perception

Seed Round in 2020
Network Perception, Inc. specializes in network device configuration analysis software designed to help organizations visualize and manage their network effectively. Established in 2013 and based in Chicago, Illinois, the company offers solutions that simplify firewall auditing and provide continuous monitoring capabilities. Its platform conducts automated, comprehensive analyses of network device configuration files, enabling organizations to assess firewalls and identify cyber vulnerabilities. By doing so, Network Perception assists corporate compliance and cybersecurity managers in ensuring that network configurations align with best practices and regulatory standards. The company initially launched in 2014 at the University of Illinois at Urbana-Champaign Research Park.

Span

Series A in 2020
Span.IO designs and develops innovative residential energy storage solutions aimed at facilitating the adoption of renewable energy. The company's flagship product includes a smart electrical panel that replaces traditional panels, providing an intuitive interface for managing home energy use. This system allows users to monitor and control energy consumption remotely through a dedicated application, enhancing the overall consumer experience. Span.IO's team, composed of experts in energy, software, hardware, and consumer finance, leverages their collective knowledge in power generation and system integration to create products that promote environmental sustainability and energy efficiency. Through its technology, Span.IO aims to transform the energy sector by making home energy management more accessible and automated.

e-Zinc

Seed Round in 2020
e-Zinc is a company that has pioneered a novel electrochemical technology for energy storage using zinc metal. This innovative solution provides a low-cost and flexible method for long-duration energy storage, crucial for facilitating a transition to renewable energy sources. The technology involves an electrochemical cell composed of recyclable materials, where energy is absorbed in the charging section and released in the discharging section as zinc metal is dissolved. This system allows businesses to effectively store and utilize energy during peak demand periods, contributing to cost reduction and supporting the shift toward a zero-carbon energy future.

Sistine Solar

Venture Round in 2019
Sistine Solar, Inc. is a renewable energy company that specializes in the design and manufacturing of customizable solar panels, known as SolarSkin. Founded in 2012 and based in Somerville, Massachusetts, the company offers a variety of roofing options, including architectural shingles, 3-tab shingles, concrete tiles, and seamed metal roofs, as well as custom designs. Sistine Solar's innovative approach combines solar photovoltaics with color science and cognitive sciences, allowing homeowners to personalize their solar installations to match the aesthetic of their homes. This enables a seamless integration of solar technology into residential architecture, promoting both functionality and visual appeal.

Omnidian

Series A in 2019
Omnidian, Inc. is an insurance company based in Seattle, Washington, specializing in protection plans for residential, commercial, and industrial solar energy systems. Founded in 2015, the company offers comprehensive services that include monitoring, field service repair, and lifetime performance guarantees for solar installations. Omnidian's solutions are designed for both individual homeowners and financial institutions managing large portfolios of residential solar assets. Their offerings encompass real-time performance monitoring, proactive service alerts, and full coverage for hardware and software issues through a nationwide network of service professionals. Additionally, Omnidian guarantees reimbursement for energy loss, ensuring that investments in solar energy are protected and optimized throughout the system's lifecycle. The company aims to support the growth of the residential solar industry while providing peace of mind to its clients.

Tank Utility

Venture Round in 2019
Tank Utility, Inc. specializes in developing software solutions for the fuel and energy sector, focusing on enhancing operational efficiency for fuel distribution companies. Founded in 2014 and based in Boston, Massachusetts, the company offers smart meters and cloud-based software that integrates wireless sensors to monitor propane levels in real time. By utilizing IoT technology and business intelligence software, Tank Utility enables fuel providers to reduce unnecessary delivery miles, thereby minimizing waste and improving customer engagement. Their products include easy-to-install wireless tank monitors and web applications that deliver real-time data on tank levels, usage, and pricing, ultimately enhancing service efficiency and customer retention. Additionally, Tank Utility provides installation and support services to ensure optimal utilization of its solutions.

Span

Seed Round in 2018
Span.IO designs and develops innovative residential energy storage solutions aimed at facilitating the adoption of renewable energy. The company's flagship product includes a smart electrical panel that replaces traditional panels, providing an intuitive interface for managing home energy use. This system allows users to monitor and control energy consumption remotely through a dedicated application, enhancing the overall consumer experience. Span.IO's team, composed of experts in energy, software, hardware, and consumer finance, leverages their collective knowledge in power generation and system integration to create products that promote environmental sustainability and energy efficiency. Through its technology, Span.IO aims to transform the energy sector by making home energy management more accessible and automated.

Azumo

Series B in 2018
Azumo front light is here to light the way to the new era of high efficiency, durable displays that don’t fight the environment but work in tandem with it. The time has come for all of us to reflect on what displays can do for devices.

Polystyvert

Venture Round in 2018
Polystyvert Inc., founded in 2011 and based in Anjou, Canada, specializes in polystyrene recycling services. The company utilizes innovative dissolution technology to efficiently collect and recycle polystyrene, restoring it to its original quality. By doing so, Polystyvert aims to significantly reduce the amount of polystyrene waste in landfills while minimizing fossil fuel consumption and promoting environmental sustainability. Their approach not only enhances the product life cycle of polystyrene but also contributes to eco-friendly practices within the industry.

Omnidian

Seed Round in 2017
Omnidian, Inc. is an insurance company based in Seattle, Washington, specializing in protection plans for residential, commercial, and industrial solar energy systems. Founded in 2015, the company offers comprehensive services that include monitoring, field service repair, and lifetime performance guarantees for solar installations. Omnidian's solutions are designed for both individual homeowners and financial institutions managing large portfolios of residential solar assets. Their offerings encompass real-time performance monitoring, proactive service alerts, and full coverage for hardware and software issues through a nationwide network of service professionals. Additionally, Omnidian guarantees reimbursement for energy loss, ensuring that investments in solar energy are protected and optimized throughout the system's lifecycle. The company aims to support the growth of the residential solar industry while providing peace of mind to its clients.

Open Energy Efficiency

Seed Round in 2016
OpenEE offers a SaaS open-source platform that uses smart meter data to calculate and analyze energy efficiency savings in real-time.

Bractlet

Venture Round in 2016
Bractlet, Inc. is an Austin, Texas-based company that specializes in developing an energy intelligence platform aimed at maximizing energy efficiency project value. Founded in 2011, Bractlet provides integrated hardware and software solutions designed to analyze business performance and reduce energy waste. Its hardware includes a commercial electrical panel that accommodates up to 42 branch circuits, while its measurement and verification software generates reports for stakeholders. The company also offers services related to building energy modeling and big data, positioning itself as a leader in optimizing building performance and enhancing capital investment in the real estate sector.

Tank Utility

Seed Round in 2016
Tank Utility, Inc. specializes in developing software solutions for the fuel and energy sector, focusing on enhancing operational efficiency for fuel distribution companies. Founded in 2014 and based in Boston, Massachusetts, the company offers smart meters and cloud-based software that integrates wireless sensors to monitor propane levels in real time. By utilizing IoT technology and business intelligence software, Tank Utility enables fuel providers to reduce unnecessary delivery miles, thereby minimizing waste and improving customer engagement. Their products include easy-to-install wireless tank monitors and web applications that deliver real-time data on tank levels, usage, and pricing, ultimately enhancing service efficiency and customer retention. Additionally, Tank Utility provides installation and support services to ensure optimal utilization of its solutions.

RedWave Energy

Series B in 2016
RedWave Energy, Inc., founded in 2011 and based in Boulder, Colorado, focuses on developing innovative technology to capture and convert low-temperature waste heat into electricity. The company is pioneering a waste heat harvesting system that utilizes nano-antenna technology to harness energy from the infrared and near-infrared spectrum, which is often overlooked as a renewable energy source. Initial efforts are centered on converting low-quality industrial waste heat, with plans for future advancements to include energy capture in the visible range and capabilities for terahertz wave detection. RedWave collaborates with institutions such as Idaho National Labs and the University of Colorado to enhance its technology, and it has engaged MicroContinuum for the fabrication of nanoscale antennas and terahertz electronics. The company's work aims to not only facilitate renewable energy generation but also to explore applications in explosive detection and high-speed communications.

InVekTek

Seed Round in 2016
InVekTek, LLC, based in Atlanta, Georgia, specializes in industrial motion control technology that enhances the operation of cranes. The company offers the Sway Master command shaping technology, which includes the T 1000 Sway Master, designed to prevent unwanted sway in industrial cranes. By utilizing algorithm-based software, InVekTek's technology intercepts and reshapes control inputs to eliminate sway before it occurs, as well as providing automatic compensation for rigging. This innovative approach allows machines to operate more efficiently and safely, ultimately reducing costs for various industries.

Advanced Diamond Technologies

Venture Round in 2015
Advanced Diamond Technologies, Inc. engages in developing and applying diamond films for industrial, electronic, and medical applications. It offers AFM probes, ultrananocrystalline diamond seals, and ultrananocrystalline diamond wafers for MEMS development and UNCD product prototyping. The company also provides MEMS, applications development, and coating services. In addition, it offers UNCD Electrodes for advanced electrochemical water treatment applications. Further, the company operates as a licensee to the Argonne portfolio of application and process patents for using, synthesizing, and micromachining ultrananocrystalline diamond films. It offers its products through its Website, as well as through distributors in the United States and internationally. Advanced Diamond Technologies, Inc. was incorporated in 2002 and is based in Romeoville, Illinois.

Bractlet

Seed Round in 2015
Bractlet, Inc. is an Austin, Texas-based company that specializes in developing an energy intelligence platform aimed at maximizing energy efficiency project value. Founded in 2011, Bractlet provides integrated hardware and software solutions designed to analyze business performance and reduce energy waste. Its hardware includes a commercial electrical panel that accommodates up to 42 branch circuits, while its measurement and verification software generates reports for stakeholders. The company also offers services related to building energy modeling and big data, positioning itself as a leader in optimizing building performance and enhancing capital investment in the real estate sector.

Digital H2O

Convertible Note in 2015
Digital H2O is a Chicago-based software and Big Data technology company that specializes in water management services for the oil and gas industry. It has developed a cloud-based analytics platform designed to enhance the management of water resources, which are increasingly scarce in energy operations. The platform offers features such as Water Asset Intelligence, enabling oil and gas producers and service companies to optimize water logistics, gain insights into water volumes and transport logistics, and improve overall asset awareness. Additionally, it provides tools for oilfield water planning and data visualization, helping users identify new market opportunities and make informed decisions regarding water management.

Edison DC Systems

Series A in 2014
EDCS Power designs and builds equipment that improves end to end power efficiency in data centers. EDCS captures the energy savings of direct current (DC) over alternating current (AC) while addressing space and scalability costs traditionally associated with DC systems. EDCS’s patent-pending, modular AC to DC converter racks deliver more power more efficiently to IT server equipment. EDCS improves system reliability and increases operator safety. EDCS’s proprietary technology is the only direct current solution that can be implemented at the rack, row, or entire building level.

NanoGraf

Seed Round in 2014
NanoGraf Corporation is a materials science company based in Chicago, Illinois, focused on the development and commercialization of advanced materials for the energy storage market. Founded in 2012, the company specializes in silicon-graphene electrode materials designed for lithium-ion batteries, which offer higher energy density and reduced charging times compared to traditional graphitic-based anodes. These innovative materials have potential applications across various sectors, including consumer electronics and electric vehicles. NanoGraf's technology aims to enhance battery capacity while enabling cost-effective production through a chemistry-based manufacturing process.

Digital H2O

Convertible Note in 2014
Digital H2O is a Chicago-based software and Big Data technology company that specializes in water management services for the oil and gas industry. It has developed a cloud-based analytics platform designed to enhance the management of water resources, which are increasingly scarce in energy operations. The platform offers features such as Water Asset Intelligence, enabling oil and gas producers and service companies to optimize water logistics, gain insights into water volumes and transport logistics, and improve overall asset awareness. Additionally, it provides tools for oilfield water planning and data visualization, helping users identify new market opportunities and make informed decisions regarding water management.

GlidePath Power

Seed Round in 2014
GlidePath Power is a developer specializing in battery power systems that encompass a range of technologies, including wind, solar, distributed gas, and energy storage. The company possesses extensive experience as both an owner-operator and a turnkey developer of renewable energy and storage facilities. GlidePath Power leverages its deep understanding of the energy markets to identify and capitalize on opportunities in the sector, making it well-equipped to develop financeable power projects. This unique expertise allows GlidePath Power to navigate the complexities of various technologies, providing valuable insights and support to businesses engaged in power projects across the United States.

Intellihot

Seed Round in 2013
Intellihot specializes in the manufacture of tankless water heating systems tailored for both residential and commercial use. Founded in 2005, the company emerged from a practical need when a traditional water heater malfunctioned, leading to significant water damage. Intellihot's systems are designed to conserve space by eliminating the need for bulky storage tanks, and they incorporate advanced technology, including Wi-Fi and 3G/4G connectivity. This connectivity allows users to monitor and analyze water usage patterns, providing an efficient on-demand heating solution that optimizes performance and resource use. The innovative design of Intellihot's products has garnered recognition and includes several patents pending.

Root3 Technologies

Seed Round in 2013
Root3 Technologies Inc. specializes in energy analytics solutions that leverage cloud-based technology and big-data analytics to help organizations reduce energy costs by 10-30% in onsite energy plants. The company offers a range of services, including DIAGNOSE, an energy assessment tool, BALANCE, a real-time operational improvement software, and ELEVATE, which assists production managers and engineers in planning future operations. Their solutions encompass areas such as optimization, measurement and verification, market participation, and demand management, and are utilized across various sectors, including manufacturing, hospitality, corporate campuses, and cold storage. Founded in 2011, Root3 Technologies is headquartered in Chicago, Illinois, with an additional location in Ann Arbor, Michigan.

Atlas Data Storage

Atlas Data Storage develops data storage systems utilizing synthetic DNA to encode digital information. The company offers end-to-end solutions that integrate semiconductor-based synthesis and enzyme engineering to store data in DNA strands. This approach aims to provide long-term, high-density storage options for various sectors. Atlas Data Storage's technology is designed to address the growing demand for scalable and energy-efficient data storage solutions.
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