Just Climate

Just Climate is an impact investment firm based in London, United Kingdom, founded in 2021. The firm focuses on providing financial management services and seeks to invest in companies that are dedicated to addressing climate change. By targeting climate-led businesses, Just Climate aims to support initiatives that contribute to environmental sustainability while delivering financial returns.

Benoit Grobon

Managing Director, Investment Team

Shaun Kingsbury

Chief Investment Officer

Aruna Ramsamy

Managing Director

Piyush Sanghai

Investment Analyst

Siddarth Shrikanth

Director, Investment Team

10 past transactions

Terra CO2

Series B in 2025
Terra CO2 Technologies is a manufacturer specializing in low-carbon geopolymer cement, aiming to revolutionize the production of cementitious materials. By utilizing innovative manufacturing techniques, the company converts affordable and abundant feedstocks from existing aggregate mines into high-performing, cost-competitive supplementary cementitious materials. These climate-friendly materials undergo rigorous third-party testing to verify their performance under challenging conditions. By focusing on large-scale production, Terra CO2 Technologies not only reduces material and logistics costs but also enables clients to implement cleaner technologies that address significant environmental challenges.

NatureMetrics

Series B in 2025
NatureMetrics is a company that specializes in biodiversity monitoring through the use of environmental DNA (eDNA) technology. By leveraging advanced molecular methods, the company identifies and quantifies a wide variety of organisms in natural ecosystems. NatureMetrics provides actionable insights that support informed decision-making for environmental conservation and impact assessments. Its platform enables environmentalists to monitor biodiversity effectively over extensive spatial and temporal scales, addressing the complexities of nature in a way that enhances understanding and management of ecosystems.

Continuum Wind Energy

Funding Round in 2024
Continuum Wind Energy, founded in 2009, develops wind farms across India and Asia, focusing on environmentally-friendly and high-yield energy solutions. The company emphasizes self-development through thorough wind resource studies, strategic construction planning, and conservative financing. Continuum actively engages with local communities, funding development programs and creating employment opportunities to establish sustainable partnerships. With a persistent demand-supply gap in the Indian power market, the company operates 43 MW of capacity, selling electricity through long-term power sale agreements and negotiated tariffs. Currently, it is executing a significant 175 MW project, one of India's largest wind farms, and has a robust pipeline of over 300 MW in development. The senior management team, with over 75 years of collective experience, has backgrounds in leading Indian companies and is closely connected through their education at the Indian Institute of Management Ahmedabad. Continuum Wind Energy is primarily owned by Morgan Stanley Infrastructure Partners, which specializes in long-term investments in essential infrastructure assets.

Ascend Elements

Series D in 2024
Ascend Elements is a manufacturer of advanced battery materials, specializing in the reclamation of valuable elements from spent lithium-ion batteries. The company employs hydroprocess recycling and direct recycling techniques to deconstruct old cathode materials to the atomic level, allowing for the creation of new cathode materials. This innovative approach not only facilitates the recycling of battery components but also supports clients in maximizing their returns on investments, promoting the economic viability of recycling and the production of low-cost battery materials.

Stegra

Private Equity Round in 2024
Stegra operates a state-of-the-art steel production plant focused on decarbonizing the European steel industry. The company's facility is designed as a fully integrated, digitalized, and automated greenfield site that combines raw materials, renewable energy, local expertise, and artificial intelligence. By replacing CO2-intensive coal with green hydrogen, Stegra enables the production of fossil-free steel at competitive costs. The plant includes a large-scale green hydrogen production unit, which is integral to its steel manufacturing process.

Infinitum

Series E in 2023
Infinitum is a pioneering company focused on advancing motor technology with a commitment to sustainability and efficiency. It specializes in developing lightweight electric motors that utilize printed circuit board stator technology, which significantly enhances motor performance while reducing costs. By replacing traditional iron and copper components, Infinitum's motors are designed to be smaller, lighter, and quieter than conventional alternatives, thereby providing exceptional energy savings and a reduced carbon footprint throughout their lifecycle. The company's innovative approach not only opens up new sustainable design possibilities for end users but also aims to make a meaningful impact on environmental conservation and energy efficiency.

Meva Energy

Seed Round in 2023
Meva Energy is a Swedish company established in 2008 that specializes in gasification technology for generating renewable energy from small fraction fuels. The company focuses on biomass gasification to produce power and heat energy, which can be utilized for various applications such as heating buildings, melting materials, running engines, and boiling water. By offering a sustainable solution for energy production, Meva Energy enables its clients to achieve profitability while contributing to environmental sustainability.

ABB E-Mobility

Venture Round in 2023
ABB E-Mobility is a division of ABB that specializes in electric vehicle charging solutions designed for both private and public spaces. The company develops and operates a network of charging stations equipped with advanced technology, including features such as remote diagnostics, infrastructure management, and software updates. In addition to providing reliable charging points, ABB E-Mobility offers services that facilitate contactless payments via credit cards or mobile phones, ensuring a seamless user experience. This focus on innovative and accessible charging infrastructure positions ABB E-Mobility as a key player in the growing electric vehicle market.

Meva Energy

Acquisition in 2023
Meva Energy is a Swedish company established in 2008 that specializes in gasification technology for generating renewable energy from small fraction fuels. The company focuses on biomass gasification to produce power and heat energy, which can be utilized for various applications such as heating buildings, melting materials, running engines, and boiling water. By offering a sustainable solution for energy production, Meva Energy enables its clients to achieve profitability while contributing to environmental sustainability.

GreenLight Biosciences

GreenLight Biosciences, Inc. is a biotechnology company headquartered in Medford, Massachusetts, with an additional location in North Carolina. Founded in 2008, the company specializes in developing RNA-based solutions for agricultural and pharmaceutical purposes. It offers a proprietary technology platform that enables the efficient and cost-effective production of high-quality RNA, facilitating advancements in vaccine development, pandemic response, crop management, and the protection of pollinators. GreenLight develops mRNA-based vaccine candidates, including those aimed at preventing SARS-CoV-2 infections, and engages in collaborative efforts with industry leaders to further enhance its offerings. Through its innovative approach, GreenLight aims to contribute significantly to sustainable global development and food security.
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