Prime Impact Fund

Prime Impact Fund invests in transformative technology companies with the potential for gigaton-scale climate impact. Drawing on catalytic capital with a long-term lens, the fund is purpose-built to support high-risk, high-reward ventures at the earliest stages.

Amy Duffuor

Principal

Matthew Nordan

Managing Director

18 past transactions

Tynt Technologies

Venture Round in 2023
Tynt Technologies is a developer of a smart window to prevent glare while maintaining views and save energy. It offers ideal visual and thermal occupant comfort while minimizing building energy consumption from lighting and HVAC use. The company was founded in 2020 and is headquartered in Boulder, Colorado.

Avalanche Energy

Seed Round in 2022
Avalanche Energy is a fusion energy startup that develops micro-fusion reactors for distributed energy and mobility. The company's modular reactor architecture can be stacked for limitless power applications and energy density, allowing it to offer clean energy while also decarbonizing the planet. It provides quick iterations of design, build, test, and fix cycles, allowing for speedier development and the rapid scaling required by the world.

Clean Crop Technologies

Series A in 2021
Clean Crop Technologies ("Clean Crop") is a Holyoke, Massachusetts-based company that uses electricity to fight food waste and food safety risk. Clean Crop's proprietary 'Clean Current' technology combines electricity and food-grade gas to remove contaminants from seeds and foods to increase crop yields, reduce food waste, and increase food safety.

Via Separations

Series B in 2021
Via Separations is enabling industrial decarbonization with its novel chemistries that allow manufacturing facilities to slash their energy consumption while making more product. Targeting the 12% of US energy consumption that is wasted each year separating chemicals, Via reduces the load of the process by 90%, electrifies the most energy-intensive step in chemical production, and generates additional revenue for the customer. Today, Via is deploying its technology in pilot trials at pulp & paper facilities to eliminate 100 million metric tons of CO2 by 2050. Via’s innovation is a highly selective and robust membrane filter that replaces the energy-inefficient heat-based separations in industrial processes. Spun out of MIT’s Department of Material Science & Engineering, Via has scaled up the technology by more than 10 million times and demonstrated working prototypes at a commercial scale.

Tynt Technologies

Seed Round in 2021
Tynt Technologies is a developer of a smart window to prevent glare while maintaining views and save energy. It offers ideal visual and thermal occupant comfort while minimizing building energy consumption from lighting and HVAC use. The company was founded in 2020 and is headquartered in Boulder, Colorado.

Tynt Technologies

Seed Round in 2021
Tynt Technologies is a developer of a smart window to prevent glare while maintaining views and save energy. It offers ideal visual and thermal occupant comfort while minimizing building energy consumption from lighting and HVAC use. The company was founded in 2020 and is headquartered in Boulder, Colorado.

Leading Edge Equipment Technologies

Convertible Note in 2021
Leading Edge Crystal Technologies is a developer of kerfless, single crystal silicon wafers intended to be used in solar panels with higher efficiency and lower cost that fit into existing module manufacturing processes without any changes.

Noon Energy

Seed Round in 2021
Noon Energy develops a flow battery technology that enables economical long-duration energy storage. The company's design will allow intermittent renewable electricity sources, such as solar and wind, to meet continual demand. Noon Energy was founded in 2018 and based in Palo Alto, California.

Sublime Systems

Seed Round in 2021
Sublime Systems creates a system for decarbonizing cement that simultaneously produces green hydrogen and reduces cement emissions. Their technology enables consumers to contribute to the shared objective of a sustainable, renewable future by using clean, renewable energy and an electrochemical method that eliminates CO2 emissions without affecting the characteristics or chemistry of the cement.
Leading Edge Crystal Technologies is a developer of kerfless, single crystal silicon wafers intended to be used in solar panels with higher efficiency and lower cost that fit into existing module manufacturing processes without any changes.

Clean Crop Technologies

Seed Round in 2020
Clean Crop Technologies ("Clean Crop") is a Holyoke, Massachusetts-based company that uses electricity to fight food waste and food safety risk. Clean Crop's proprietary 'Clean Current' technology combines electricity and food-grade gas to remove contaminants from seeds and foods to increase crop yields, reduce food waste, and increase food safety.

Verdox

Seed Round in 2020
Verdox is dedicated to reversing climate change through the development and deployment of advanced technology. The company’s proprietary electro-swing process, developed at MIT, enables carbon dioxide and other acid gases to be captured with up to 80% less energy and 70% less cost than conventional approaches.

Gradient

Venture Round in 2019
Gradient’s mission is to cool the world by transforming every home to be more comfortable and healthy for the people who inhabit it — without compromising the environment. Today, heating and cooling equipment emits more greenhouse gas emissions than the entire transportation sector, and expansion in the use of cooling is projected to double these emissions in the next 30 years. However, comfortable buildings are critical for health and productivity, especially among communities that are vulnerable to the effects of climate change. Gradient’s vision is a future where everyone has access to comfortable buildings that are fully decarbonized. Our launch product is a direct-to-consumer high-efficiency and low-carbon heat pump.

MicroByre

Seed Round in 2019
MicroByre is a platform for bacterial domestication. Their automated characterization pipeline gathers the oft-overlooked data that highlights unleveraged bacteria that meet functional industrial criteria. That is, they rapidly find the bacteria with naturally unfussy eating habits and evolution-honed metabolisms that have the potential to convert unrefined biomasses into commodity chemicals at vastly improved efficiencies compared to extant fermentation processes. They select from these functionally de-risked bacteria those which can be directly genetically modified to improve their cost profiles — even if they have never been engineered before. The data from our unique characterization pipeline informs the minimally precise genetic modifications necessary to increase pliability and yield, eliminate nutritional additives, maximize feedstock utilization, and improve contamination tolerance & phage resistance. MicroByre gives biomass conversion a truly competitive edge against petrochemical synthesis. MicroByre’s platform bridges the gap between the promising and the profitable in synthetic biology and bioengineering. A unique combination of resources and skills makes MicroByre a valuable potential partner for companies of all sizes and industries. They collaborate to define project scope to match a mutually agreeable business model, which could be a fee for service, license agreement, or joint development agreement.

C-Motive Technologies

Venture Round in 2019
C-Motive Technologies is a venture-backed cleantech startup creating sustainable motor technology. Its machine functions using static electricity, removing the need for rare earth materials and limiting copper use to a bare minimum. C-Motive’s electrostatic motor technology delivers the torque density for stationary industrial and e-mobility applications, all while reducing carbon emissions.

Via Separations

Series A in 2019
Via Separations is enabling industrial decarbonization with its novel chemistries that allow manufacturing facilities to slash their energy consumption while making more product. Targeting the 12% of US energy consumption that is wasted each year separating chemicals, Via reduces the load of the process by 90%, electrifies the most energy-intensive step in chemical production, and generates additional revenue for the customer. Today, Via is deploying its technology in pilot trials at pulp & paper facilities to eliminate 100 million metric tons of CO2 by 2050. Via’s innovation is a highly selective and robust membrane filter that replaces the energy-inefficient heat-based separations in industrial processes. Spun out of MIT’s Department of Material Science & Engineering, Via has scaled up the technology by more than 10 million times and demonstrated working prototypes at a commercial scale.

Lilac Solutions

Seed Round in 2019
Lilac Solutions is a developer of lithium extraction technology that absorbs lithium from brine deposits. The company's technology is based on ion-exchange theory, which allows lithium producers to accelerate project development, increase lithium recovery, and streamline operations while reducing costs and environmental impact.

Charm Industrial

Seed Round in 2019
Charm Industrial has developed a novel pathway for carbon sequestration: putting oil back underground in the form of bio-oil. The process converts agricultural residue to bio-oil, then injects the bio-oil into deep geological formations for permanent storage.
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