Evergreen Climate Innovations

Evergreen Climate Innovations, formerly Clean Energy Trust, provides catalytic capital and support to entrepreneurs and startups that bring impactful climate technologies to market. The nonprofit pioneered its 501vc® Investment Fund to align philanthropic and corporate contributions to deliver environmental, economic, and social impact. Evergreen advances and expands access to innovation across the Greater Midwest and cultivates an ecosystem of investors, donors, and collaborators. For over a decade, Evergreen Climate Innovations has invested in startups that have raised $41 for every $1 invested. Learn more at evergreeninno.org

Erik Birkerts

CEO

39 past transactions

Continuum Ag

Seed Round in 2021
Continuum Ag uses soil testing technologies to tailor recommendations for building soil health and regenerative agricultural practices. The company will use the money to continue software development to enhance usability and usefulness, and will expand its soil database through farm consultants in Continuum’s Top Soil network, a nationwide association of soil health focused agronomists.

Continuum Ag

Pre Seed Round in 2021
Continuum Ag uses soil testing technologies to tailor recommendations for building soil health and regenerative agricultural practices. The company will use the money to continue software development to enhance usability and usefulness, and will expand its soil database through farm consultants in Continuum’s Top Soil network, a nationwide association of soil health focused agronomists.

Agricycle

Seed Round in 2021
Agricycle is a house of ethical brands using a systems-based zero waste approach to international development. The company transforms food waste and agricultural byproducts across the world into all-natural and organic CPG brands. Agricycle buys the products created using their technology and makes on-trend brands focused on storytelling, natural foods, sustainability, and transparency. Each brand uses the byproducts of others, and local products and industries are created with what cannot be exported. This maximizes margins because each brand uses the same supply chain and very similar production process.

Earnest Agriculture

Pre Seed Round in 2021
Earnest Agriculture is an ag biotech startup developing advanced microbial seed coatings to enhance soil health, boost crop resilience, and improve nutrient efficiency. By leveraging prairie-derived microbes and a proprietary microbial matching platform, Earnest delivers sustainable, science-driven solutions that help farmers reduce dependence on chemical inputs while maintaining high productivity. Technology & Innovation Earnest Agriculture's probiotic seed coating, Prairie Plus, is designed to optimize nutrient use efficiency , plant resilience, and disease protection. The company’s unique approach combines native microbial strains into tailored consortiums, maximizing effectiveness across different soil conditions.

Varuna

Venture Round in 2020
Varuna helps water utility leaders to effectively manage a water system.The Varuna platform collects, analyzes, and displays relevant operational and business data. The platform enables the utility to perform real-time water quality monitoring using advanced sensors, predict quality issues using machine learning, determine their resource needs, and generate up-to-date mandated reports with a few clicks. Varuna was founded in 2018 by Seyi Fabode, Jamail Carter, and Chris Karr.

Mito Material Solutions

Seed Round in 2020
MITO Material Solutions has developed a nano-additive named the “MITO T-Series.” The T-Series is then mixed in with any epoxy or resin, which then toughens composite parts by 100% while decreasing the chances of mechanical failure by 80%. This allows industries to pick which value they would like to have in their products: a 100% increase in toughness, or up to a 35% decrease of materials needed. For the RV and boating industries, the T-Series can be used to toughen the fiberglass that makes the outer shell and hull of RVs and boats, respectively. For the aerospace industry, the T-Series can be used to decrease the amount of materials needed to create the part with the same toughness as the original part. This will allow aircraft manufacturers to shed tens of thousands of pounds while simultaneously saving millions of dollars on day one.

NUMiX MATERIALS

Grant in 2020
NUMiX MATERIALS is a water treatment company that specializes in manufacturing and supplying sorbents to remove dissolved heavy metals from contaminated water. It focuses on RCRA, Water, Sorbents, Pretreatment, and Metals. It was founded in 2018 and headquartered in Chicago, Illinois.

Renewance

Seed Round in 2020
Renewance is an electronic company that provides software solutions, consultancy, and project management services to manage the battery end of life liabilities. It offers an online platform that connects clients with defect or end-of-life industrial batteries with logistics providers and battery recyclers. The company was founded in 2016 and headquartered in Chicago, Illinois.

Iris Light Technologies

Seed Round in 2020
Iris Light Technologies is an electronic company that empowers the cloud through breakthrough on-chip laser technology. The company specializes in the fields of artificial intelligence, 5G communications, and the Internet of Things (IoT). Its solution increases the bandwidth and energy-efficiency of light chips through a proprietary, scalable method of depositing multiple lasers on a chip, all inside the chipmaker.

75F

Series A in 2019
75F is a building intelligence company that makes smart building automation affordable and easy to deploy. 75F leverages IoT, Cloud Computing, and Machine Learning for data-driven, proactive building intelligence and controls for HVAC, lighting, and energy optimization. 75F's mission is to improve occupant productivity through enhanced comfort and indoor air quality – while saving energy and the environment.

Sigora

Venture Round in 2018
Sigora is a provider of utility-management systems engineered for frontier markets. For established urban grid utilities and rural micro-grid developers, Sigora’s platform transforms energy access into bankable business. Leveraging specialized hardware, web-managed software, and simple payment solutions, the company's platform streamlines bill collection, reduces revenue losses, deters energy theft, and increases operational efficiency for energy providers operating in emerging markets. It’s easy to oversimplify the capabilities of a simple electric meter, but in reality Sigora’s meter is offering the “operating system” for financeable micro-utility business models. Sigora was founded in 2016 and is headquartered in Chicago, Illinois.

Lotic Labs

Convertible Note in 2018
Lotic Labs builds software that enables efficient water markets and innovation in environmental finance. Lotic integrates fragmented data sets with state of the art environmental science models and financial simulations. This enables rigorous analysis of the relationships between financial, operational, and environmental decisions in the water utility and heavy industrial sectors. The Lotic Labs technology powers the design of novel financial products for risk management, conservation, and green infrastructure investment.

Wellntel

Venture Round in 2018
Wellntel has created a simple, inexpensive groundwater information system that accurately measures water quantity in a private water well, so that the owner can keep tabs on what's going on down there. Wellntel is a way for families and farmers to stop guessing about their groundwater, simply and inexpensively. With Wellntel, you can see how much water you’re using and how fast it is replenishing. You'll learn about groundwater, you can take steps to conserve if if makes sense, find an expert if needed, and eventually, become a groundwater leader in your community.

Mobius

Pre Seed Round in 2018
Mobius provides environmental solutions that convert waste streams into chemicals and materials. At Mobius, we're creating a world where There’s Wonder in Waste. We’re a mission-driven company focused on eliminating waste by leveraging industrial organic waste streams from agriculture, forestry, paper and biofuel & biorefining industries to create new materials and chemicals. Our first product is a proprietary, biodegradable polymer made from lignin, a natural material found in all grasses and trees that is produced as waste at a rate of over 50 million tons each year by the paper and biofuel industries. With this biopolymer, we are creating a bio-based, biodegradable plastic pellets for applications in horticulture, agriculture, food service packaging, and beyond.

NuMat Technologies

Series B in 2018
NuMat Technologies builts an Operating System for the commercialization of programmable chemistries. It is creating the future of precision engineering by designing and building molecularly-programmed systems that unlock paradigm shifts in resource creation and use. The company's expertise lies in the design and integration of MOFs into next-generation storage, separation, and purification systems. In doing so, NuMat enables previously unachievable form factors, performance and cost-advantaged production economics. NuMat provides a total solutions platform for product commercialization, pairing world-class material discovery software with application development and manufacturing expertise.

Aker Technologies

Convertible Note in 2017
Aker Technologies develops smart in-season crop management tools to accelerate the adoption of precision farming practices across the industry. It has developed patented computer vision and biometric sensors, along with software and service solution to detect, classify and measure pests pressure, airborne pathogens, crop diseases, and fertility issues inside the canopy of crop fields.

PowerTech Water

Convertible Note in 2017
PowerTech Water is a wastewater solution company that offers a chemical-free water treatment platform. The company was founded in 2014 and is headquartered in Lexington, Kentucky, United States.

Idle Smart

Convertible Note in 2017
Idle Smart is an automated engine start stop solution that maintains fleet up-time as well as reducing overnight idle time.

NETenergy

Seed Round in 2016
NETenergy is a thermal energy storage company that is creating a thermal battery designed to offset peak electricity load. The company is headquartered in Chicago, IL.

NuMat Technologies

Series A in 2016
NuMat Technologies builts an Operating System for the commercialization of programmable chemistries. It is creating the future of precision engineering by designing and building molecularly-programmed systems that unlock paradigm shifts in resource creation and use. The company's expertise lies in the design and integration of MOFs into next-generation storage, separation, and purification systems. In doing so, NuMat enables previously unachievable form factors, performance and cost-advantaged production economics. NuMat provides a total solutions platform for product commercialization, pairing world-class material discovery software with application development and manufacturing expertise.

NexMatix

Convertible Note in 2016
Nexmatix creates Savings Out of Thin Air by reducing the cost of your pneumatic systems with energy efficient products that reduce your carbon footprint.Nexmatix first product line targets one of the most inefficient pneumatic components on the market, directional control valves.

NovoMoto

Convertible Note in 2016
NovoMoto is a sustainable social enterprise that aims to provide clean, renewable, and sustainable electricity to communities in the Democratic Republic of Congo (DRC) and other sub Saharan African countries in the future.

SPLT (Splitting Fares)

Convertible Note in 2016
SPLT is an enterprise-first carpooling and car sharing platform that connects employees within organizations to share their commute, saving time and money while reducing traffic congestion and lowering CO2 emissions.

Go Electric

Seed Round in 2015
Go Electric is a green-tech early stage company, developing customer side of the meter energy solutions and services that serve facilities and utilities. Its energy products and services accelerate a renewable energy future by integrating renewable energy, advanced batteries, and generators to reduce energy costs, assure energy security, and enhance grid stability. Go Electric is based in Anderson, I.N.

GlucanBio

Convertible Note in 2015
GlucanBio technology developed from the University of Wisconsin and Center for Biorenewable Chemicals (CBiRC) at Iowa State. Our primary purpose is to produce furan derivatives from biomass with cost and performance advantages. The market opportunity is strong and relevant, not only for furfural, but also for HMF, DMF, THF and FDCA.Our team offers best-in-field expertise in catalysis, IP management, engineering scale-up, and early stage commercialization.Engaging great minds like Jim Dumesic, a world-renowned catalytic chemist, and Brent Shanks, a highly acclaimed principal in the industry, gives us an advantage in hurdling technical roadblocks.

AMPY

Seed Round in 2015
AMPY is a wearable motion charger that captures its users’ energy from daily activities to charge their smartphones. The wearable device has won numerous awards, and the team was named to Forbes 30 under 30 in Energy. Its team is already scaling down the technology inside of AMPY to power wearable devices AMPY was founded in 2013 by Tejas Shastry, Mike Geier, and Alex Smith. It is based in Chicago, I.L.

Specter Aerospace

Convertible Note in 2015
Specter Aerospace creates integrated technology insertion solutions that enable their customers to realize the potential of plasma-assisted combustion. They are to reduce fuel consumption, reduce emissions, and expand the operating limits of today's advanced engines.

Sun Number

Convertible Note in 2015
Sun Number, LLC, they’re focused on increasing the public’s awareness of the solar potential of buildings through our Sun NumberTM Scores. Founded in 2012, they are the recipient of the U.S. Department of Energy’s SunShot Incubator grant that enabled the development and initial deployment of Sun Number Scores. Our goal is to increase solar installations by providing an easy-to-understand assessment of a building’s solar potential and streamlining the solar installer’s customer acquisition process.

Design Flux Technology

Convertible Note in 2015
Provides an all-in-one solution to energy management

GreenLancer

Series B in 2015
GreenLancer is the only online marketplace for quality design, engineering, construction, and maintenance solutions for Solar and EV charging (EVC) contractors. The GreenLancer platform was built to manage clean energy projects with speed, standardized deliverables, and a simple ordering process. Its internal support team is always available to ensure permitting, interconnection, and engineering success. Since 2013, GreenLancer has served more than 7,500 solar and EVC contractors on over 200,000 projects and deployed $2.5 billion in clean energy projects nationwide.

NanoGraf Corporation

Convertible Note in 2015
NanoGraf Corporation has developed a novel high energy density Si-based anode material that has the potential to replace graphitic-based anodes in lithium-ion batteries for a variety of applications ranging from consumer electronics to electric vehicles in the long term.

AllCell Technologies

Convertible Note in 2014
AllCell designs and builds cutting-edge lithium-ion battery packs for transportation and renewable energy applications. Their batteries are protected by their proprietary thermal management technology, which allows AllCell to produce lightweight and compact packs with extended cycle-life and industry-leading safety.

Agentis

Grant in 2014
Agentis is a Chicago-based technology company revolutionizing the way utilities engage and empower businesses to manage energy usage, saving money and increasing competitive advantage. Agentis is driven by the belief that utilities hold valuable data that can catalyze a new energy future. The success of the Agentis platform is driven by our understanding of the unique voice and needs of the utility customer managing complex energy challenges. Our employees are united through their ability to transform these challenges into a solution while working in a fun and dynamic environment.

Intellihot

Series B in 2014
Intellihot manufactures tankless water heater systems for residential and commercial applications. The system developed after several years of extensive research and development has been recognized for its innovative design and has several patents pending. The company traces its humble beginnings to winter of 2005 when a traditional water heater broke down and flooded the basement of the founder.

Intellihot

Grant in 2014
Intellihot manufactures tankless water heater systems for residential and commercial applications. The system developed after several years of extensive research and development has been recognized for its innovative design and has several patents pending. The company traces its humble beginnings to winter of 2005 when a traditional water heater broke down and flooded the basement of the founder.

Igor

Series A in 2014
Igor is a developer of a power lighting platform used to offer an intelligent control over LED lighting systems in spaces of all sizes. Its platform helps users to connect LED light fixtures, motion sensors, and daylight sensors through a network switch as well as assigns the attached devices through the application interface that enable manufacturers to manage and adjust which lights, switches, and sensors belong to which unique space.

MeterGenius

Convertible Note in 2014
In 2013, MeterGenius set out to create smart energy consumers. They accomplished this by engaging customers with their electricity consumption. The insight, analytics, tools, and motivations they provide have proven to be effective at engaging customers like never before. Because of this, their energy-conscious users have also proven to be more loyal and valuable to their electricity providers. Whether your goal is to increase customer retention, lower electricity consumption during peak hours, or add additional revenue streams, MeterGenius's platform and experience will be the solution to create value for you and your customers.

EP Purification

Convertible Note in 2014
EP Purification manufactures novel and environmentally-sound systems for the purification of water and air.

AMPY

Grant in 2014
AMPY is a wearable motion charger that captures its users’ energy from daily activities to charge their smartphones. The wearable device has won numerous awards, and the team was named to Forbes 30 under 30 in Energy. Its team is already scaling down the technology inside of AMPY to power wearable devices AMPY was founded in 2013 by Tejas Shastry, Mike Geier, and Alex Smith. It is based in Chicago, I.L.
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