Fundraising Fox

Azolla Ventures

Impact investorActively deploying

Cambridge · Pre-Seed–Seed · 17 people tracked

Also known as AZOLLA MANAGEMENT COMPANY, LP · Azolla Ventures Catalytic

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Investment thesis

Azolla Ventures focuses on the earliest-stage climate ventures, prioritizing impact and seeking breakthroughs capable of gigaton-scale CO2e reductions. Founded by the nonprofit Prime Coalition and enabled by catalytic capital, the firm takes on high-risk, high-reward opportunities that fall outside conventional venture norms. It emphasizes both large-scale emissions reduction and a more just climate for all, backing bold entrepreneurs from diverse backgrounds who are working to avert catastrophic climate change.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Seed
HQ
Cambridge, Massachusetts, US
Leads rounds
Follows
Instruments
Equity
Founded
2021
AUM
$289M
VC funds
2
Tracked investments
54

Team · 17 people

from the firm's website & public directories
Ally Harada· Partner & Chief Operating Officer
Lauren Hartle· Principalin𝕏
John Mulliken· Operating Partner
Alexandra Steckmest· Investorin
Carrie Winters· Executive Assistant
Cassandra Vickers· Associatein
Erik Knall· Investment Associate
Nolan English· Head of Platform

What they invest in

from 15 of 54 portfolio companies

Cleantech ×10Energy ×7Climate Tech ×6New Materials ×5AgTech ×3Biotech ×3Deep Tech ×2Advanced Manufacturing ×1

HQs:United States×20Germany×1

Investments · 54 tracked

founders shown can be your intro path
Aikido Technologies, Inc.SEC filingmedium confidence

San Francisco, US

Board seatMatthew Nordan· per SEC Form D · $4M raise · filed Jun 2024

Avalanche Energy DesignsSEC filingmedium confidence

EnergyTukwila, US

Robin Langtry(Executive Officer, Director)Kyle Teamey(Director)Brian Riordan(Executive Officer, Director)

Board seatMatthew Nordan· per SEC Form D · $29.2M raise · filed Jan 2026

Carbon ReformSEC filingmedium confidence

Philadelphia, US

Joanne Norris(Executive Officer, Director)Nick Martin(Executive Officer, Director)

Board seatAmy Duffuor· per SEC Form D · $5.5M raise · filed Feb 2025

Clean Crop Technologies

Develops cold plasma technology to degrade pathogens toxins and pests responsible for food waste

Holyoke, US

Daniel Cavanaugh(Director)Tom Boddez(Director)Justin Frankert(Director)Daniel White(Executive Officer, Director)Pete Oberle(Director)Amy Duffuor(Director)

Board seatAmy Duffuor· per SEC Form D

Fungafunga.earthin

Funga restores forest soil health by reintroducing native fungal communities to degrade soils, enabling forests to grow faster and capture more carbon in biomass.

AgTechBiotechClimate TechAustin, US

Colin Averill(Executive Officer, Director)

Board seatMatthew Nordan· per SEC Form D

MicroByremicrobyre.comSEC filingmedium confidence

BiotechSan Francisco, US

Matthew Nordan(Director)Rik Wehbring(Director)Jeffrey Anderson(Executive Officer, Director)Sarah Richardson(Executive Officer, Director)

Board seatMatthew Nordan· per SEC Form D · $15.7M raise · filed Jan 2022

noon-energynoon.energy

Palo Alto, US

Christopher Ronald Graves(Executive Officer, Director, Promoter)Richard M. Swanson(Director)Amy Duffuor(Director)Mary Kalee Whitehouse(Executive Officer, Promoter)

Board seatAmy Duffuor· per SEC Form D

Scalvy Inc.SEC filingmedium confidence

Sunnyvale, US

Board seatMatthew Nordan· per SEC Form D · $5M raise · filed Jul 2023

Sense LabsSEC filingmedium confidence

Cambridge, US

Izhar Armony(Director)Gabriel Kra(Director)Christopher M. Micali(Executive Officer)Matthew Nordan(Director)Michael Phillips(Executive Officer, Director)

Board seatMatthew Nordan· per SEC Form D · $105.9M raise · filed May 2022

Sightline ClimateSEC filingmedium confidence

Scarsdale, US

Kimberly Zou(Executive Officer, Director)Sophie Purdom(Director)

BoardJason Kalira(Director)George Chalmers(Director)Mark Taylor(Director)

Board seatMatthew Nordan· per SEC Form D · $7.2M raise · filed Aug 2024

SiTration

Uses novel membranes to recycle lithium-ion batteries and enable industrial separations

Cambridge, US

Jacob Bro(Director)Jeffrey Grossman(Director)Brendan Smith(Executive Officer, Director)

Board seatMatthew Nordan· per SEC Form D

Aikido Technologies

Platform for floating offshore wind turbines to transform wind energy economics

Aikido transparent v3aikidotechnologies.comin
avalancheavalanche.energyin𝕏
Avalanche Energy

Designs and builds fusion power systems that fit on a desktop

BioLumic

Uses UV light signals to boost seed and seedling genetic potential; domiciled in the USA.

BioLumic, Inc.biolumic.com

Palmerston North

Mark Brown(Director)Mary Dimou(Director)Adrian Percy(Director)Steven Sibulkin(Executive Officer, Director)John Bedbrook(Director)Jason Wargent(Executive Officer)

C-Motive Technologies

Reinvents electric motor design for high torque at low speeds enabling efficient wind turbines

Advanced ManufacturingMadison, US

DANIEL COLIN LUDOIS(Executive Officer)KATHERINE GERAMITA(Executive Officer)Leigh Cagan(Director)Paul Reckwerdt(Director)William A. Henrickson(Director)Barbara Ziemer(Executive Officer)

Calcarea

Decarbonizing shipping with carbon capture technology on ocean vessels

Altadena, US

Jess Adkins(Executive Officer, Director)

Calcarea HRcalcarea.comin
Charm Industrialcharmindustrial.comin𝕏

Charm Industrial converts agricultural residues into bio-oil and injects it underground to remove carbon from the atmosphere at scale.

AgTechCleantechClimate Tech

Shaun Meehan(Chief Scientist and co-founder)

clean-cropcleancroptech.com

Clean Crop Technologies makes DriPRIME, a cold plasma seed and crop treatment that uses air and electricity to remove pathogens, boost seed vigor, and reduce post-harvest losses for farmers.

AgTechCleantechFoodTech

Daniel Cavanaugh(Co-Founder)

Dig Energydig.energyin
EQON

Reduces energy consumption and greenhouse gas emissions in industrial and commercial electrical heating

Erg Bioergbio.com

Erg Bio operates a biomanufacturing platform that converts agricultural and forestry residues into fuels and essential chemicals, aimed at diversifying energy and chemical supply chains.

BiotechCleantechEnergy

Gradient

Creates quiet and efficient HVAC systems that are low-profile and easy to install

Gradient +Moregradientcomfort.com
Heatenheaten.comin

HEATEN manufactures large-scale, high-temperature industrial heat pumps, including its HeatBooster product that delivers heat up to 200°C in modular 1–50 MW systems to replace fossil-fuel boilers.

CleantechClimate TechEnergyRemscheid, DE

Bernd Loeser(CEO)

Lilac Solutionslilacsolutions.comin

Lilac Solutions develops direct lithium extraction technology using ceramic ion exchange media, enabling fast, clean, and affordable lithium production from brines for the electric vehicle and battery industries.

CleantechClimate TechEnergyNew MaterialsOakland, US

David Snydacker(President & Chief Technology Officer)inNicholas Goldberg(Chief Legal Officer of Issuer)Ian Pearce(Director)inDavid Gelinas(Chief Financial Officer of Issuer)inSamuel Romer(Director)Raef Sully(Chief Executive Officer of Issuer)in

Muon v2muonvision.com
Muon Vision

Developing sustainable methods to process critical metals

Cambridge, US

Ricardo Repenning(Executive Officer)Tancredi Botto(Executive Officer, Director)Johanna Wolfson(Director)

BoardJoanna Wolfson(Director)

NetZeroNitrogen

Developing biological nitrogen fixation solution for rice cultivation

nznnzn2.com
Oxylus Energyoxylusenergy.comin

Oxylus Energy develops electrolyzer technology that converts captured CO2 into methanol using renewable electricity, enabling industrial facilities and biogenic CO2 sources to monetize emissions while producing low-carbon fuels and chemicals.

CleantechClimate TechEnergy

Perry Bakas(Cofounder)Harrison Meyer(Cofounder)Conor Rooney(Cofounder)

Rain

Developing autonomous aircraft for rapid wildfire response

Rock Zero

Sustainable mineral processing startup revolutionizing the mining industry

rock-zero-logo-v3rockzero.comin

Rock Zero develops a proprietary chemical process for refining hardrock lithium, converting lithium-bearing minerals into battery-grade chemicals at lower cost and environmental impact.

CleantechEnergyNew Materials

Scalvy

Modularizes electric vehicle drivetrains to enable higher-performance, lower-cost EVs

Scalvy HRscalvy.comin
Still Brightstillbright.coin

Still Bright develops electrochemical copper extraction technology that replaces traditional smelting, enabling faster, cleaner copper production from previously unrecoverable sources.

CleantechNew MaterialsNew Jersey, US

sublimesublime-systems.comin

Sublime Systems develops an energy-saving, carbon-reducing process for manufacturing cement from previously inaccessible minerals.

CleantechClimate TechConstruction TechNew MaterialsBoston, US

Leah Ellis(Co-founder)Yet-Ming Chiang(Co-founder)in

Sublime Systems

Producer of zero-carbon cement for scalable, sustainable building materials.

PartnerJohanna Wolfson· led

Tynttynt.ioin

Tynt develops dynamic light control film based on Reversible Metal Electrodeposition (RME) technology, enabling tunable tint for glass and plastic surfaces in buildings, vehicles, and wearables.

CleantechDeep TechNew MaterialsBoulder, US

Ameen K. Saafir(President)Sebastian Peck(Director)Johanna Wolfson(Director)Michael McGehee(Chief Scientist)Chris Collier(Director)Tyler Hernandez(CEO & Co-founder)

Untitled design-9sitration.comin
Veloz Biovelozbio.com
Verdox

Develops electroswing adsorption technology for scalable and cost-effective carbon capture and removal

Vestavesta.earth

Advances coastal carbon capture by accelerating natural weathering of olivine rock

PartnerJohanna Wolfson· led

via-separationsviaseparations.com

Cambridge, US

Brent Keller(Executive Officer, Director)Katie Rae(Director)Shreya Dave(Executive Officer, Director)Arunas Chesonis(Director)

Zanskarzanskar.com

Zanskar develops geothermal energy projects using AI and advanced geoscience to map subsurface resources and deliver utility-scale, carbon-free power.

AI & Machine LearningDeep TechEnergy

Carl Hoiland(Founder & CEO)inJoel Edwards(Founder)

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Frequently asked questions

What stage does Azolla Ventures invest at?
Azolla Ventures invests at the Pre-Seed, Seed stages.
What sectors does Azolla Ventures focus on?
Azolla Ventures focuses on Cleantech, Climate Tech, Energy, Impact & Social Good.
Where is Azolla Ventures located?
Azolla Ventures is headquartered in Cambridge, US.
Does Azolla Ventures lead rounds?
Azolla Ventures typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

Amy Duffuor | Co-Founder & General Partner, Azolla Ventures

ZNRG - The ZENERGY Podcast · Amy Duffuor

Matthew Nordan, General Partner with Azolla Ventures, on #catalyticcapital

macfound · Matthew Nordan

Climate Investors Series: Matthew Nordan (Azolla Ventures)

Work on Climate · Matthew Nordan

Images

Azolla Ventures photoAzolla Ventures photoAzolla Ventures photoAzolla Ventures photoAzolla Ventures photoAzolla Ventures photo

Co-investors · 8

Propeller VC

Propeller VC operates through a formal multi-year partnership with Woods Hole Oceanographic Institution, giving it direct access to scientists and IP while building companies out of ocean science labs through a defined tech-transfer process that spins out startups with scientists as founders. The fund refuses capital from oil companies and has helped establish the three-vertical framework (Ocean Carbon, Ocean Industrials, and Ocean Organics) that major institutions like J.P. Morgan now use to define the blue-tech investment landscape.

Both backed · 2
Aikido transparent v3Calcarea HR
$100K – $10M
Avila

Avila is an investment firm focused on companies at the intersection of software and physical/hardware technologies, aiming to modernize foundational industries.

Both backed · 2
TyntDig Energy
$500K – $2.5M
Silicon Badia

Silicon Badia is a venture capital firm that partners with entrepreneurs to solve major global problems, having invested in over 100 startups across more than 15 tech industries since 2012.

Both backed · 1
Scalvy HR
Clean Energy Ventures

Clean Energy Ventures is a climate-focused venture capital firm that has invested for nearly two decades in breakthrough climate technologies, backing founders who combine defensible science with strong commercial fundamentals.

Both backed · 1
$100K – $5M
GV (Google Ventures)

GV (formerly Google Ventures) is a venture investment firm that backs founders across many industries, aiming to build long-term relationships and support companies across multiple stages and milestones.

$250K – $50M
redalpine

Redalpine is a multi-stage venture investment advisor with Swiss roots and a pan-European focus, active since 2006, that invests at the intersection of software and science.

$108K – $2.2M
Zero Carbon Capital

Zero Carbon Capital invests in hard science companies developing climate change solutions. The firm focuses on commercialization across various development stages.

$127K – $1.3M

Firms observed investing alongside Azolla Ventures, from public investor directories. Shared companies are the overlap with Azolla Ventures's recorded portfolio.

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