Azolla Ventures — Full Portfolio

Calcarea develops nature-based solutions to decarbonize the economy, focusing on carbon capture and removal technologies.

CleantechClimate TechDeep TechPasadena, US

Andy StevensonJess AdkinsinPFPierre ForininWBWill Berelson

Co-investorsGRGrantham FoundationPRPropeller VC

Oxylus Energy develops electrolyzers that convert captured CO2 into low-carbon methanol using renewable power, which can be further upgraded into sustainable aviation fuels.

CleantechClimate TechEnergyNew Haven, US

PBPerry Bakas(Chief Executive Officer | Co-Founder)inHMHarrison Meyer(Cofounder)inCRConor Rooney(Chief Technology Officer | Co-Founder)in

Co-investorsCOConnecticut InnovationsEAEarth FoundryTOToyota VenturesENEnergy FoundryTHThird DerivativeGEGE Ventures

Platform for floating offshore wind turbines to transform wind energy economics

EnergySan Francisco, US

Sam Kanner(Executive Officer, Director)in

Board seatMNMatthew Nordan· per SEC Form D

Co-investorsPRPropeller VC

Avalanche Energy develops compact fusion technology to generate high-energy neutrons for materials testing, radioisotope production, and advanced nuclear battery systems serving defense, space, and commercial power applications.

Deep TechDefense TechEnergyRichland, US

Robin Langtry(Co-Founder, CEO)inBRBrian Riordan(Co-Founder, COO)in

BoardKyle Teamey(Director)

Board seatMatthew Nordan· per SEC Form D

Co-investorsCOCongruent VenturesFOFounders FundLOLowercarbon CapitalRARA CapitalTOToyota VenturesALAlumni Ventures+7 more

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

Palmerston North

JWJason Wargent(Executive Officer)inSSSteven Sibulkin(Executive Officer, Director)Mark Brown(Director)Mary Dimou(Director)John Bedbrook(Director)Kirsty Bellringer(Director)

Board seatJWJohanna Wolfson· per SEC Form D

Co-investorsANAngel HQARArc AngelsBOBooster Innovation FundENEnterprise AngelsICIcehouse VenturesISiSelect Fund+5 more

Cambridge Heavy develops compact inertial confinement fusion machines designed to produce tritium, a critical fuel required to power next-generation fusion reactors.

Advanced ManufacturingDeep TechEnergyCambridge, US

Yun Kai(Executive Officer, Director)Raffi Freeman(Executive Officer, Director)Matthew Nordan(Director)

Board seatMNMatthew Nordan· per SEC Form D

Philadelphia, US

Joanne Norris(Executive Officer, Director)NMNick Martin(Executive Officer, Director)inJNJo Norris(Cofounder)in

Board seatAmy Duffuor· per SEC Form D

Co-investorsGAGaingelsPLPlug and Play VenturesTHThe Innovation SpaceRIRise of the Rest Seed

Clean Crop develops plasma-based seed treatment technology and hardware systems for treating seeds and food surfaces in the agriculture sector.

AgTechCleantechFoodTechHardwareHolyoke, US

Daniel White(Executive Officer, Director)inDaniel Cavanaugh(Co-founder)in

BoardTom Boddez(Director)Justin Frankert(Director)Pete Oberle(Director)

Board seatAmy Duffuor· per SEC Form D

Co-investorsBRBread And Butter Ventures, LlcCLClimate Impact CapitalE8E8 AngelsINInnova Memphis, Inc.PRPrime Impact FundR/R/GA Ventures+4 more

BiotechSan Francisco, US

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

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

Co-investorsISISVBIBioeconomyPRPrime Impact Fund

Noon Energy develops ultra-long-duration battery storage using a reversible solid oxide fuel cell and carbon-based storage media to deliver 100+ hours of clean, firm power.

CleantechClimate TechDeep TechEnergyPalo Alto, US

Mary Kalee Whitehouse(Executive Officer, Promoter)Chris Graves(Founder)Kalee Whitehouse(Co-founder)Richard M. Swanson(Director)

Board seatAmy Duffuor· per SEC Form D

Co-investorsATAt One VenturesCLClean Energy VenturesCOCollaborative FundD3D3 JubileePRPrime Impact FundTETechEnergy Ventures+2 more

Scalvy builds a modular power electronics platform based on distributed "Power Neurons" that convert and control power at the edge of energy loads, replacing centralized high-voltage conversion.

CleantechEnergyHardwareSunnyvale, US

Amr Ibrahem(Founder)in

Board seatMatthew Nordan· per SEC Form D

Co-investorsDODoon CapitalSISilicon Badia

Currence (Sightline Climate) offers a data platform that pairs an AI data engine with expert analysts to turn thousands of sources into proprietary data, models, and forecasts on energy and climate technology.

AI & Machine LearningClimate TechData & InfrastructureScarsdale, US

Kimberly Zou(Executive Officer, Director)SPSophie Purdom(Director)in

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

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

Co-investorsACAccelr8COCool Climate CollectiveMOMolten VenturesTHThe Westly GroupRERed Sea Ventures

SiTration develops silicon-based electro-extraction (SEE) and nano-filtration (SNF) technologies that recover metals and critical minerals from mining waste, leachate, and recycled material using electricity and no added chemicals.

CleantechDeep TechNew MaterialsCambridge, US

BSBrendan Smith(Co-founder & CEO)inJeffrey Grossman(Co-founder & Chief Scientist)

BoardJBJacob Bro(Director)in

Board seatMatthew Nordan· per SEC Form D

Co-investorsCACarbonNENew System VenturesTHThe E14 FundWOWorking Capital FundBHBHP VenturesEXExtantia Capital+2 more

Aikido Technologies develops technologies for clean energy and intelligence infrastructure to support a sustainable future.

AI & Machine LearningCleantechData & InfrastructureEnergy

Co-investorsPRPropeller VC

AlgaFilm develops an algae-based biofilm technology for wastewater treatment that recovers nutrients as a sustainable alternative to conventional treatment methods.

BiotechCleantechClimate TechVancouver, CA

Pierre Côté(President)Ahren Britton(CEO)in

Co-investorsBUBURNT ISLAND VENTURESE8E8 Angels

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

AgTechCleantechClimate Tech

Shaun Meehan(Founder)inPRPeter Reinhardt(Founder)inKelly Hering(Founder)Kevin Meissner(Founder)

Co-investorsAEAENUBRBreyer CapitalCOCollaborative FundCOCongruent VenturesGEGeneral CatalystKIKinnevik+10 more

C-Motive designs electric motors and machines for renewable energy generation, electric mobility, and industrial applications, with a focus on reducing carbon emissions through improved efficiency.

Advanced ManufacturingCleantechEnergyHardwareMadison, US

DANIEL COLIN LUDOIS(Executive Officer)KATHERINE GERAMITA(Executive Officer)Barbara Ziemer(Executive Officer)in

BoardMATTHEW MAROON(Executive Officer, Director)Justin K. Reed(Executive Officer, Director)JWJOHANNA WOLFSON(Director)in

Co-investorsCLClean Energy VentureCOCollaborative FundEVEvergreen Climate InnovationsEXExposition VenturesPRPrime Impact FundSTStarlight Ventures

Dig Energy develops technology to lower the cost of drilling for distributed geothermal energy, aiming to make geothermal heating and cooling cost-competitive for buildings.

CleantechClimate TechEnergy

Dulcie Madden(Co-Founder & CEO)Thomas Lipoma(Co-Founder & CTO)Dan Jepeal(VP Engineering)

Co-investorsAVAvilaBABaukunstSPSparta GroupSUSunna Ventures

Acquired by Palo Alto Networks

DBDan Benjamin(Founder)inDan Benjamin Gad Akuka(Founder)Gad Akuka(Founder)Ido Azran(Founder)

Co-investorsFEFelicis VenturesOKOkta VenturesSESelah VenturesSISignalFireACAccompliceAVAvila+3 more

Erg Bio converts waste biomass into fermentable sugars and intermediates for synthetic aviation fuels and chemicals, using an advanced solvent process and a proprietary yeast that produces enzymes and ferments sugars.

BiotechCleantechEnergyDublin, US

VRVineet Rajgarhia(Co-founder & CEO)inBSBlake Simmons(Co-founder & CTO)inMRMichael Rabson(Co-founder & Strategic Advisor)in

Co-investorsFRFREEFLOWJUJuniperLILichen VenturesCHChevron Technology Ventures

FAST Metals recovers critical minerals — iron, alumina, titania, and rare earths — from industrial waste streams such as red mud, bauxite residue, and tailings using a low-temperature hydrometallurgical process that removes iron first, deployed via mobile modular skids at refinery sites.

Circular EconomyCleantechNew Materials

Sumedh Gostu(CEO & Co-Founder)inASAnthony Staley(Executive Advisor & Co-Founder)in

Co-investorsCOConnecticut InnovationsNENew Climate Ventures

Gradient manufactures a window-mounted 120V heat pump for residential heating and cooling that installs without drilling or refrigerant handling.

CleantechClimate TechHardwarePropTechSan Francisco, US

VRVince Romanin(Founder)in

Co-investorsATAt One VenturesAUAutodesk FoundationCLClimate InvestmentCOCollaborative FundDADangerous VenturesFLFlying Fish Ventures+8 more

EYEric Yang(Founder)inYGYuan Gao(Founder)in

Co-investorsGEGeekCartelMUMulticoin CapitalANAnsa CapitalATAt One VenturesFIFirst Star VenturesHEHeartfelt Capital+2 more

HEATEN builds industrial heat pumps that recover waste heat from industrial processes such as steelmaking and convert it into clean power and heat.

CleantechClimate TechEnergyRemscheid, DE

BLBernd Loeser(CEO)in

Co-investorsADAdvent InternationalNYNysnø Climate InvestmentsSHShell Ventures

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

DSDavid Snydacker(Founder)inNicholas Goldberg(Chief Legal Officer of Issuer)DGDavid Gelinas(Chief Financial Officer of Issuer)inRSRaef Sully(Chief Executive Officer of Issuer)inDave Snydacker(Founder)

BoardCDClay Dumas(Director)in

Co-investorsBRBreakthrough Energy VenturesLOLowercarbon CapitalBEBerkeley Angel NetworkBMBMW i VenturesE8E8 AngelsEAEarthshot Ventures+11 more

Mafix makes a soil additive for agriculture that aims to restore soil health and increase crop yields while capturing atmospheric CO₂.

AgTechCleantechClimate TechMountain View, US

Jade Marcus(Executive Officer, Director, Promoter)inMatthew Kanan(Director, Promoter)

BoardJilian Chase(Director)

Co-investorsCOCounteract OneSISilicon ValleyASAstera InstituteCOCounteractIMIMPACT SCIENCE VENTURESPLPlug and Play Ventures

Muon Vision uses cosmic ray muons to provide 4D continuous subsurface monitoring, delivering volumetric scan data on heap leach pads, tailings dams, and underground assets.

Deep TechHardwareIoTCambridge, US

TBTancredi Botto(Founder)inRicardo Repenning(Executive Officer)

BoardJoanna Wolfson(Director)JWJohanna Wolfson(Director)in

Co-investorsSTStarshot

NetZeroNitrogen develops a biofertilizer product intended to replace synthetic nitrogen fertilizer, aiming to give farmers comparable or better yields at lower cost and reduced environmental impact.

AgTechBiotechClimate Tech

Gary Devine(CSO/Founder)Jason Michael Blake(CEO)Sinan Beşkök(COO)

Co-investorsREReventWOWorld FundZEZero Carbon CapitalZEZero Carbon Capital

Rain is a South African mobile network operator offering unlimited mobile data and home wifi services on month-to-month plans.

ConsumerHardwareIoT

Akbar Khan(Founder)Alex Bradford(Founder)Brandon Leigh(Founder)Charles Naut(Founder)Charles Yoo-Naut(Founder)Farooq Malik(Founder)

Co-investorsMIMiddle East Venture Partners (MEVP)A'A'Z AngelsARArchetypeCACadenzaCACanonical CryptoCOConvective Capital+13 more

Rain develops autonomous drone systems for detecting and suppressing wildfire ignitions in forest environments.

AI & Machine LearningClimate TechDefense TechRoboticsBritish Columbia, CA

MaxMaxwell Brodie(Founder)inBryan Hatton(Founder)inEphraim Nowak(Founder)inEphraimBryan

Co-investorsCICircle VenturesCOConvective CapitalDEDe Fi Alliance HoldingsDEDERIVE VENTURESHAHAWKTAILJIJIMCO+4 more

EQON provides control systems for heating cables in ice- and snow-melting installations for cities and commercial buildings, using available data to reduce energy consumption by up to 80%.

CleantechEnergyIoT

Rock Zero is a technology company with chemistry, materials, and process engineering teams working on chemical and materials science-based technology.

CleantechDeep TechEnergyNew MaterialsCambridge, US

CHCamden Hunt(Co-Founder & CEO)inBMBenjamin Mowbray(Co-Founder & CTO)inYCYet-Ming Chiang(Co-Founder & CIO)in

Co-investorsBLBlindspot Ventures Management CoTHThe Engine VenturesTOToyota Ventures

Silicon Badia is a venture capital firm that invests in early-stage technology startups across multiple industries.

Co-investorsAMAMK Investment OfficeCICisco InvestmentsBEBECO CapitalCLClimate CapitalSKSkyRiver Ventures

Still Bright develops hydrometallurgical copper extraction technology that replaces traditional smelting, aiming to recover copper and other critical metals more efficiently and with less pollution.

CleantechClimate TechNew MaterialsNew Jersey, US

RARandy Allen(Founder)inJVJon Vardner(Founder)inSBScott Banta(Founder)AWAlan West(Chief Science Officer, Co-founder)

Co-investorsBRBreakthrough Energy VenturesCOCollaborative FundMAMaterial ImpactSOSOSVTHThird Derivative

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

CleantechClimate TechConstruction TechNew MaterialsBoston, US

LELeah Ellis(Founder)inYCYet-Ming Chiang(Founder)inRDRob Davies(Chief Executive Officer)in

BoardKRKatie Rae(Director)inJWJohanna Wolfson(Director)in

Co-investorsCOCongruent VenturesCRCRH VenturesENEnergy Impact PartnersKHKhosla VenturesLOLowercarbon CapitalPRPrime Impact Fund+4 more

Tynt develops a patented Reversible Metal Electrodeposition (RME) platform for dynamic dimming and smart tinting of transparent surfaces, ranging from smart eyewear to building facades.

CleantechDeep TechHardwareNew MaterialsBoulder, US

Michael McGehee(Chief Scientist)THTyler Hernandez(CEO & Co-founder)inMSMichael Strand(Cofounder)inAKAmeen K. Saafir(President)inJDJohn Dwyer(COO + CPO)in

BoardSPSebastian Peck(Director)in

Co-investorsAVAvilaBUBuff Gold VenturesKOKOMPAS VCPRPrime Impact FundDIDisruptive VenturesGRGreycroft+3 more

VELOZBIO manufactures food ingredients derived from germinated grains and legumes, using controlled germination to raise the nutritional value and technical functionality of its ingredients.

BiotechFoodTechNew Materials

Co-investorsCOCollaborative FundSOSOSV

Verdox develops an electrochemical carbon capture system that uses electrical energy alone to capture and release CO₂ from both industrial point sources and ambient air.

CleantechClimate TechDeep Tech

Alan Hatton(Founder)Brian Baynes(Founder)Sahag Voskian(Founder)

Co-investorsBRBreakthrough Energy VenturesLOLowercarbon CapitalOUOUP (Osage University Partners)PRPrime Impact Fund

Vesta builds a cloud-based loan origination system for mortgage lenders, replacing outdated legacy systems with modern software that supports concurrent user access and AI-powered workflow automation.

AI & Machine LearningEnterprise SoftwareFintechPropTechSaaSSan Francisco, US

MYMike Yu(Founder)inDYDevon Yang(Founder)inKEKelly Erhart(Cofounder)Devon Yan(Founder)

Co-investorsANAndreessen HorowitzCOConversion CapitalTETemerity Capital PartnersZIZigg CapitalABABS VenturesCOCounteract+3 more

Vesta develops Marine Enhanced Rock Weathering, adding carbon-removing olivine sand to coastal systems to permanently remove carbon dioxide, reduce ocean acidity, and support shoreline protection.

CleantechClimate TechImpact & Social Good

PartnerJWJohanna Wolfson· led

Co-investorsAUAutodesk FoundationPRPrime Impact FundANAndreessen HorowitzBABain Capital VenturesCOConversion CapitalZIZigg Capital

Via Separations makes industrial membrane filtration systems that cut the energy used in thermal separation processes.

Cambridge, US

BKBrent Keller(Executive Officer, Director)inSDShreya Dave(Chief Executive Officer)in

BoardKRKatie Rae(Director)inACArunas Chesonis(Director)in

Co-investorsATATEL VenturesCACapTableCLClimate InvestmentEMEmbark VenturesPRPrime Impact FundSASafar Partners+3 more

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

AI & Machine LearningClimate TechDeep TechEnergy

CHCarl Hoiland(Founder)inJEJoel Edwards(Founder)in

Co-investorsALAll AboardCLClearvision VenturesFIFirst Star VenturesGVGVP ClimateLOLowercarbon CapitalOBObvious Ventures+9 more