Climate Capital
UnclaimedAt a Glance
- Check Size
- $25K – $250K
- Stage
- Pre-Seed, Seed, Series A, Series B+
- Sectors
- Climate
- Founded
- 2018
About Climate Capital
Climate Capital is a venture capital firm making diversified investments in the most promising early-stage climate startups backed by top-tier VCs. It invests in climate-focused companies working on solutions to climate change and environmental sustainability, participating from pre-seed and seed through Series A and Series B+, across Climate, Consumer, Fintech, Aerospace & Defense and other sectors. Jennifer Kan is among its named partners.
Founder Sundeep Ahuja started the firm in 2018 as an AngelList syndicate and has built it into one of the highest-volume climate investors in the market: more than $50 million deployed, 500-plus portfolio companies, over 2,000 individual investors and more than 100 co-investing firms. The structure is the differentiator. Rather than a traditional closed-end fund, Climate Capital runs a Network Fund on a quarterly subscription with a $5,000 minimum, allocating into 10 to 15 climate startups a quarter and 50 to 60 a year, with subscribers taking direct cap-table access.
Its early pooled vehicles are on file with the SEC as series of DV Deals, LP: Fund I raised $531,500 with a first sale in August 2019, and Fund II opened a $3 million offering in April 2020. The firm has since added a dedicated biotech arm, Climate Capital Bio, and deal-by-deal SPVs for concentrated positions. The posture is breadth and co-investment alongside institutional leads rather than concentrated ownership.
Investment Thesis
“Invests in climate-focused startups working on solutions to address climate change and environmental sustainability.”
Sector Focus
Investment Stage
Fund History
- Climate Capital began in 2018 as an angel syndicate run by founder Sundeep Ahuja and has since deployed more than $50 million across 500-plus portfolio companies, funded by over 2,000 individual investors and co-investing alongside more than 100 firms.
- Its earliest pooled vehicles were filed as series of DV Deals, LP and administered by Belltower Fund Group: Climate Capital Fund I filed a Form D on September 6, 2019 for $531,500, fully sold, with a first sale on August 7, 2019; Climate Capital Fund II filed on April 30, 2020 for a $3,000,000 offering with $458,000 sold at filing and a first sale on April 24, 2020.
- The firm has since added Climate Capital Partners GP, LLC and single-asset vehicles such as Climate Capital Bio Colossal SPV, LP. Its current Network Fund is a rolling quarterly subscription with a $5,000 minimum per quarter, allocating into 10 to 15 climate startups a quarter and 50 to 60 a year, with subscribers taking direct cap-table access rather than a fund interest.
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Frequently Asked Questions
What stage does Climate Capital invest at?
Climate Capital primarily invests at the Pre-Seed, Seed, Series A, Series B+ stages. This means they focus on companies that are at the earliest idea or prototype phase.
What sectors does Climate Capital focus on?
Climate Capital focuses on investments in Climate. Their portfolio reflects deep expertise and networks within these sectors.
What is Climate Capital's typical check size?
Climate Capital's typical investment check size ranges from $25K to $250K. Actual amounts may vary based on the stage, sector, and specific opportunity.
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