Amazon Climate Pledge Fund

In June 2020, Amazon announced The Climate Pledge Fund to support the development of sustainable and decarbonizing technologies and services that will enable Amazon and other companies to meet the goals set by The Climate Pledge. This dedicated investment program—with an initial $2 billion in funding—will invest in visionary companies whose products and solutions will facilitate the transition to a low-carbon economy.

20 past transactions

Turntide

Venture Round in 2022
Turntide focuses on advancing sustainable technologies aimed at reducing energy consumption and operational costs across various sectors, including buildings, agriculture, and electric transport. Founded in 2013 and based in Sunnyvale, California, the company has created an innovative electric motor system that utilizes switched reluctance technology, managed through sophisticated cloud software. This system is designed to address the significant energy waste associated with traditional electric motors, which account for a substantial portion of global electricity consumption. By integrating Internet of Things (IoT) capabilities, Turntide's solutions enable clients to achieve significant savings in energy costs related to space conditioning, maintenance, and refrigeration, thereby promoting a transition to 100% renewable energy and reducing reliance on fossil fuels.

Brimstone

Series A in 2022
Brimstone is a company that has developed a carbon-negative process for producing ordinary Portland cement and supplementary cementitious material. Founded in 2019 and based in Oakland, California, Brimstone's innovative technology employs carbon-free calcium silicate rock instead of traditional limestone, resulting in a product that matches the performance of conventional materials while remaining cost-competitive at scale. This advancement aims to provide the construction industry with a cleaner and more sustainable alternative to traditional cement production methods.

ZeroAvia

Series B in 2021
ZeroAvia, Inc. is a company focused on developing zero-emission aircraft for commercial short-haul flights. Established in 2017 and headquartered in Hollister, California, with an office in Cranfield, United Kingdom, ZeroAvia specializes in hydrogen-electric propulsion systems. These systems are designed to eliminate aviation emissions while ensuring operational efficiency. The company aims to provide scalable technologies that can retrofit existing aircraft, thereby facilitating a transition to sustainable aviation. By collaborating with various stakeholders, ZeroAvia seeks to revolutionize the aviation industry through cleaner and more efficient flight options. Their powertrain utilizes a hydrogen fuel-cell system in limited-seat fixed-wing aircraft, which not only reduces emissions but also allows for the use of existing infrastructure, thus simplifying regulatory challenges and lowering both fuel and maintenance costs for aviation companies.

Hippo Harvest

Seed Round in 2021
Hippo Harvest is an agriculture technology company founded in 2019 and based in Half Moon Bay, California. It specializes in controlled environment agriculture, focusing on creating optimal growing conditions that prioritize food safety and quality. By integrating plant science, machine learning, and robotics, Hippo Harvest aims to sustainably cultivate vegetables within greenhouse settings. This innovative approach enables the company to offer fresh green food products to consumers at affordable prices, contributing to the scaling of sustainable agriculture practices.

Infinium

Venture Round in 2021
Infinium is a provider of electrofuels that produces synthetic fuels from renewable energy and waste carbon dioxide. The company's ultra-low carbon electrofuels serve as drop-in replacements for traditional petroleum-derived products, allowing for immediate integration into existing transportation systems and chemical processes, such as plastics production. This approach significantly reduces greenhouse gas emissions and helps clients meet carbon reduction targets without the need for extensive capital investment or time-consuming upgrades. Through its innovative solutions, Infinium aims to decarbonize the transportation sector and contribute to a more sustainable future.

CMC Machinery

Private Equity Round in 2021
CMC Spa is a privately held company established in 1980, specializing in the design, manufacture, and support of advanced technology for the mailing, graphic arts, e-commerce, and logistics sectors. The company aims to become the primary supplier for its clients by providing technology, service, parts, and professional training. CMC is committed to adapting to the evolving market demands through innovative design engineering and customized solutions. In response to the rise of e-commerce, CMC focuses on helping retailers and logistics companies enhance their fulfillment processes. Their acclaimed CMC 3D right-sizing packaging technology enables the production of sustainable, strong, and personalized boxes, contributing to a more efficient and eco-friendly parcel industry.

Resilient Power Systems

Seed Round in 2021
Resilient Power Systems provides power converters such as DCFC supercharging stations in a box and renewable H2 energy power converters. The company is developing products to accelerate the deployment of EV charging systems everywhere, they deliver packages to customers, and its technology has the potential to change the delivery of packages. Resilient Power's commercial applications provide EV charger-to-grid technology that is radically efficient. When it comes to municipal, residential development, retail, hospitality, or other applications where time and space are limited, Resilient's line of advanced, solid-state power stations is the answer. Its ultra-compact EV charging depots connect directly to the existing distribution grid, allowing clients to build EV fleets and public charging stations in days rather than months, reducing costly and disruptive site construction. When Resilient's line of high-voltage power electronics is added to the electric power grid, it improves grid efficiency and reliability.

Redwood Materials

Series C in 2021
Redwood Materials, Inc. specializes in the development of innovative recycling processes aimed at creating circular supply chains for lithium-ion batteries and other electronic products. Founded by JB Straubel and based in Carson City, Nevada, the company focuses on recovering valuable materials such as lithium, nickel, copper, cobalt, and other metals from end-of-life batteries and electronics. Redwood receives approximately 10 GWh of batteries annually for recycling, which are refined and remanufactured into essential anode and cathode materials. The company is actively working to scale its production capacity to 100 GWh annually by 2025, sufficient to produce over one million electric vehicles each year. By emphasizing sustainable practices, Redwood Materials aims to reduce the environmental impact of battery production and support the growth of the electric vehicle and renewable energy storage markets.

Rivian

Private Equity Round in 2021
Rivian is an automotive technology company that develops products and services to advance the shift to sustainable mobility. The company creates solutions that redefine traditional automotive economics and remove the pain points of conventional ownership. It also manufactures autonomous electric vehicles intended to offer a comfortable and eco-friendly driving experience.

ION Energy

Seed Round in 2021
ION Energy is accelerating Earth's transition to an all-electric planet. With a cutting-edge battery management system, advanced analytics software and artificial intelligence-powered platform, ION is enabling electric vehicle and energy storage space providers to unlock the power of data to make faster and smarter decisions. ION is empowering organizations with the flexibility, independence, and autonomy to buy ready-to-deploy BMS platforms or build custom zero-downtime BMS models. Their versatility and adaptability have helped them to continually emerge as the ideal battery technology partner for OEMs and battery pack manufacturers.

ZeroAvia

Venture Round in 2021
ZeroAvia, Inc. is a company focused on developing zero-emission aircraft for commercial short-haul flights. Established in 2017 and headquartered in Hollister, California, with an office in Cranfield, United Kingdom, ZeroAvia specializes in hydrogen-electric propulsion systems. These systems are designed to eliminate aviation emissions while ensuring operational efficiency. The company aims to provide scalable technologies that can retrofit existing aircraft, thereby facilitating a transition to sustainable aviation. By collaborating with various stakeholders, ZeroAvia seeks to revolutionize the aviation industry through cleaner and more efficient flight options. Their powertrain utilizes a hydrogen fuel-cell system in limited-seat fixed-wing aircraft, which not only reduces emissions but also allows for the use of existing infrastructure, thus simplifying regulatory challenges and lowering both fuel and maintenance costs for aviation companies.

Beta Technologies

Series A in 2021
Beta Technologies specializes in the design and development of electric aircraft, including advanced flight control and electric propulsion systems, with a strong emphasis on clean aviation technology. The company aims to establish a new paradigm for transporting goods and people through its self-sufficient electric vertical takeoff and landing (eVTOL) aircraft ecosystem. This ecosystem is designed to meet human mobility needs while adhering to environmental principles. Additionally, Beta Technologies is working on a comprehensive electric transportation system that features net-zero, all-electric aircraft and a multimodal charging infrastructure to support various electric vehicles. The company also offers training programs for pilots and maintenance personnel, catering to clients in the cargo, passenger, and emergency response sectors, and enabling them to implement more efficient, cleaner, and faster transportation solutions.

Turntide

Venture Round in 2021
Turntide focuses on advancing sustainable technologies aimed at reducing energy consumption and operational costs across various sectors, including buildings, agriculture, and electric transport. Founded in 2013 and based in Sunnyvale, California, the company has created an innovative electric motor system that utilizes switched reluctance technology, managed through sophisticated cloud software. This system is designed to address the significant energy waste associated with traditional electric motors, which account for a substantial portion of global electricity consumption. By integrating Internet of Things (IoT) capabilities, Turntide's solutions enable clients to achieve significant savings in energy costs related to space conditioning, maintenance, and refrigeration, thereby promoting a transition to 100% renewable energy and reducing reliance on fossil fuels.

Infinium

Venture Round in 2021
Infinium is a provider of electrofuels that produces synthetic fuels from renewable energy and waste carbon dioxide. The company's ultra-low carbon electrofuels serve as drop-in replacements for traditional petroleum-derived products, allowing for immediate integration into existing transportation systems and chemical processes, such as plastics production. This approach significantly reduces greenhouse gas emissions and helps clients meet carbon reduction targets without the need for extensive capital investment or time-consuming upgrades. Through its innovative solutions, Infinium aims to decarbonize the transportation sector and contribute to a more sustainable future.

Rivian

Private Equity Round in 2021
Rivian is an automotive technology company that develops products and services to advance the shift to sustainable mobility. The company creates solutions that redefine traditional automotive economics and remove the pain points of conventional ownership. It also manufactures autonomous electric vehicles intended to offer a comfortable and eco-friendly driving experience.

ZeroAvia

Series A in 2020
ZeroAvia, Inc. is a company focused on developing zero-emission aircraft for commercial short-haul flights. Established in 2017 and headquartered in Hollister, California, with an office in Cranfield, United Kingdom, ZeroAvia specializes in hydrogen-electric propulsion systems. These systems are designed to eliminate aviation emissions while ensuring operational efficiency. The company aims to provide scalable technologies that can retrofit existing aircraft, thereby facilitating a transition to sustainable aviation. By collaborating with various stakeholders, ZeroAvia seeks to revolutionize the aviation industry through cleaner and more efficient flight options. Their powertrain utilizes a hydrogen fuel-cell system in limited-seat fixed-wing aircraft, which not only reduces emissions but also allows for the use of existing infrastructure, thus simplifying regulatory challenges and lowering both fuel and maintenance costs for aviation companies.

Turntide

Venture Round in 2020
Turntide focuses on advancing sustainable technologies aimed at reducing energy consumption and operational costs across various sectors, including buildings, agriculture, and electric transport. Founded in 2013 and based in Sunnyvale, California, the company has created an innovative electric motor system that utilizes switched reluctance technology, managed through sophisticated cloud software. This system is designed to address the significant energy waste associated with traditional electric motors, which account for a substantial portion of global electricity consumption. By integrating Internet of Things (IoT) capabilities, Turntide's solutions enable clients to achieve significant savings in energy costs related to space conditioning, maintenance, and refrigeration, thereby promoting a transition to 100% renewable energy and reducing reliance on fossil fuels.

Redwood Materials

Funding Round in 2020
Redwood Materials, Inc. specializes in the development of innovative recycling processes aimed at creating circular supply chains for lithium-ion batteries and other electronic products. Founded by JB Straubel and based in Carson City, Nevada, the company focuses on recovering valuable materials such as lithium, nickel, copper, cobalt, and other metals from end-of-life batteries and electronics. Redwood receives approximately 10 GWh of batteries annually for recycling, which are refined and remanufactured into essential anode and cathode materials. The company is actively working to scale its production capacity to 100 GWh annually by 2025, sufficient to produce over one million electric vehicles each year. By emphasizing sustainable practices, Redwood Materials aims to reduce the environmental impact of battery production and support the growth of the electric vehicle and renewable energy storage markets.

CarbonCure

Venture Round in 2020
CarbonCure Technologies Inc. offers innovative technology that allows concrete producers to sequester waste carbon dioxide (CO2) into their products, effectively transforming it into a solid mineral during the concrete manufacturing process. By sourcing CO2 from industrial emitters, the company enables manufacturers to create greener and stronger concrete without compromising on quality or price. This retrofit technology not only enhances the performance characteristics of traditional concrete but also helps producers tap into the growing green building market. CarbonCure's solutions are designed to provide material, environmental, and production advantages while reducing the overall carbon footprint associated with concrete production. The company, incorporated in 2007 and headquartered in Dartmouth, Canada, also supports its clients with marketing and environmental reporting services to strengthen their competitive position in the industry.
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