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Climate Change Impact on Climate Technology Investments in Hard-to-Decarbonize Industries | Rare Techy


The climate-tech entrepreneur focuses on social impact in the portfolio

HONOLULU a EAST PALO ALTO, Calif., November 2, 2022 /PRNewswire/ — Attribute Indicator, a weather technology investor for more than a decade, today announced its 11th round of investments. These 17 industry-leading technology companies that can eliminate carbon emissions broadly, support communities to become more climate resilient and redesign built environments, bring a portfolio of Elemental – one of the strongest weather technology funds in the industry – to a total of 151 startups.

“Today we salute the 17 groups that are working to redraw the big picture around our biggest production sectors and work with communities tackling climate change,” the Founder and CEO of Elemental. Dawn Lippert said. “Entering the second decade of climate investing, we are betting on investors tackling major sources of emissions — such as shipping, air conditioning, transportation and construction — – and working with each company to deliver success to local communities.”


  • With this new group of 17 weather technology companies, Elemental’s portfolio includes more than 150 startups, and 26 have raised exits.
  • Elemental’s 11th group
    • It focuses on the urgent topics of climate change, carbon neutrality and the built environment
    • Zero in on hard-to-share industries such as maritime and ports, buildings and construction
    • Geographical reach is expanded by depth Hawaii, California and the US and made its first investments in foreign companies India a Mexico
  • Now in its 20th year of investing, Elemental has one of the strongest weather technology portfolios in the industry with an exit rate of 17% as an official record.

This new group brings the number of Elemental’s funded companies to over 150. To date, Elemental has worked on more than 119 first-of-its-kind climate technology projects across the globe. 16, and this year will expand by adding more companies India a Mexico to his folder. Especially for Cohort 11, Elemental is taking a deep dive into marine technologies, ports, gas and affordable housing.

“Our communities and climate need zero-degradation solutions for the movement of heavy goods – and the Forum’s goal is to make it easy, reliable and efficient for truckers and drivers. experience, and we’re excited to partner with the broader Elemental ecosystem of amazing entrepreneurs,” Forum Mobility CEO. Matt LeDucq said.

Elemental’s investment model differs from conventional investing in that it has been centered on impact and communities since its inception. It is designed to ensure that significant incentives for innovation are translated into commercial and social impact that benefits communities and technology creators. With 26 releases to date and a 17% exit rate, Elemental has a solid track record that demonstrates the power of this approach. Including Cohort 11, Elemental has now awarded more than $57M to his bank, those companies have increased $7B in subsequent funds. Every dollar invested by Elemental has exceeded the $100 in the subsequent investment across the portfolio.

Climate Change: The right solutions can strengthen resilience and enable a healthy, sustainable planet for all.

  • Future Acres will create specialized equipment to carry farms into the future.
    That’s why: Labor issues – from a shortage of agricultural workers to reduced hours from rising temperatures – are some of the biggest challenges in our food system.
  • Deep provides real-time environmental monitoring to inform community-level actions.
    That’s why: Sea level rise is set $100B US asset prices are at risk by 2050.
  • Mythos AIs Autonomous fleet technologies foster efficient ports and reduce emissions by helping ships navigate safely and load cargo efficiently.
    That’s why: Although 80-90% of world trade is carried by sea, ocean shipping is one of the most difficult sectors to eliminate.
  • Nitricity distributes and electrifies fertilizer production.
    That’s why: Between production and field application, nitrogen fertilizer is responsible for more than 2% of global emissions.
  • Transair helps air conditioners use 50% less energy than conventional AC.
    That’s why: Air units, which already account for 4% of global emissions, will reach 4.5 billion by 2050.

Carbon Free: Solutions to transition away from fossil fuels and remove carbon dioxide.

  • Creative Food Lab tackles agricultural waste by repurposing it into fresh food through a low-energy fermentation process.
    That’s why: About 60 million dry tons of crop residues are produced in it Mexico every year, there is a great opportunity to avoid emissions.
  • Energy Domes A CO2 battery can provide efficient, long-term energy storage.
    That’s why: The ability to store energy from renewable sources such as solar and wind for long periods of time is a missing piece of the energy puzzle.
  • Mobility conference provides non-commercial air transportation services in the heavy cargo transportation market.
    That’s why: More than 39 million people — low-income residents and people of color — are exposed to harmful diesel pollution near ports.
  • Nüwiel building electric scooters for bicycles to revolutionize last-mile delivery operations.
    That’s why: Growing trade by 2030 is expected to increase last-mile shipments by more than 30%.
  • Origen produces carbon-free lime, which can be used to remove billions of tons of CO2 from the atmosphere.
    That’s why: This is a double-threat climate solution, decarbonizing the mega-emitting industry (responsible for 400M tons of greenhouse gas emissions per year) while potentially gigaton-to-gigaton carbon removal.
  • Vesta protecting coastlines and increasing the ocean’s ability to absorb CO2.
    That’s why: Natural rock weathering has been absorbing CO2 for billions of years. At its peak, coastal carbon capture can remove more than one gigaton of CO2 from the atmosphere each year.

Built Environment: Regional and circular solutions to renew infrastructure and assets.

  • Banana Constructions Investing in climate solutions and sustainable infrastructure will be faster, easier and more cost-effective.
    That’s why: To solve the climate problem, investment in sustainable infrastructure must grow from $1T to $6T per year.
  • Community Energy Lab creates simple, affordable energy management technologies for community buildings such as schools, universities, and government buildings.
    That’s why: K12 schools spend $6B+ annually on energy — more than computers and textbooks.
  • Digital Tablets The knowledge platform unlocks the potential of wastewater to meet local water needs and create climate resilience.
    That’s why: Wastewater treatment and reuse can meet 65% of the city’s water needs.
  • Module will digitize the design and re-engineering of infrastructure to create local, sustainable, affordable homes.
    That’s why: Buildings and the construction sector are responsible for 39% of energy and process-related CO2 emissions.
  • MOL address the growing e-waste problem by creating circulars.
    That’s why: 57 million tons of e-waste are produced each year — more than the Great Wall of China — and only 17% are recycled.
  • Soons A network of bicycle parking spaces, charging points and service stations will help make cycling a vital way to get around cities.
    That’s why: Since 50% of car trips in the US are less than three miles, cities can eliminate traffic by creating infrastructure connections for bicycles, scooters and other forms of transportation.

About the Excelerator Element

Elemental Excelerator is a leading non-profit focused on developing climate solutions with social impact for all communities. Elemental fills two gaps that are critical to addressing climate change: funding first-of-its-kind projects for climate technologies in local communities, and introducing equity and access to climate solutions.

Photo, logo, fact sheet: Connection

Contact: Tom Bureau
(862) 485-0711
[email protected]



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