🦊/Investors

Climate Innovation Capital

Venture capitaloperating company · company profile

Toronto · Series B–Growth · 11 people tracked

Find your way into Climate Innovation Capital

1,956 people in our graph share verified history with the Climate Innovation Capital team — schools, employers, funds. One of them is your warm intro.

David Phuunlockedknows Nelson Switzer · together at PwC (overlapped)
×8knows the team · via PwC
knows the team · via Queen's University
knows the team · via Busbud
knows the team · via Centrica
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Investment thesis

ClimateIC invests in mid-stage, commercially proven climate technologies that are cost-competitive and scalable, targeting solutions that address large-scale inefficiencies, unlock business value and cut carbon as a direct outcome. The firm aims to deliver superior financial returns by accelerating the decarbonization of the global economy, seeing a generational opportunity as markets increasingly reward efficiency, durability and resilience. Its focus spans buildings, industrials, energy and power, agriculture and food, transportation and mobility, and waste, plastics and recycling.

Source: firm website, verified Aug 3, 2026.

Stage
Series B–Growth
HQ
Toronto, ON, CA
Instruments
Equity
Founded
2020
AUM
$98.5M
Tracked investments
15

Team · 11 people

from the firm's website & public directories

Founder mafia

3 people who came through Climate Innovation Capital went on to found or lead other companies.

What they invest in

from 11 of 15 portfolio companies

Cleantech ×6Climate Tech ×5IoT ×4AgTech ×3Energy ×3AI & Machine Learning ×2Construction Tech ×2Enterprise Software ×2

HQs:United States×5Canada×2Norway×1

Investments · 15 tracked

founders shown can be your intro path

By year:2025 · 12024 · 12022 · 22015 · 15 dated

Groundwork BioAggroundworkbioag.comin𝕏✓ verified

Groundwork BioAg makes Rootella, a mycorrhizal soil inoculant that farmers apply to their fields, and runs the Rootella Carbon Program that lets growers earn carbon-credit income while improving soil health.

AgTechBiotechClimate Tech

Co-investorsMiddleland CapitalB3 HoldingBridges Fund Management Ltd.MoreVC

CleanFibercleanfiber.com

CleanFiber manufactures cellulose-based insulation from recycled newsprint for the building materials industry.

Advanced ManufacturingCircular EconomyCleantechConstruction TechNew MaterialsBuffalo, US

Sami Rahman(CEO)inErik Gregory(Chief Financial Officer)inJonathan Strimling(Executive Officer)James Austin(Executive Officer)Marco Peterson(Executive Officer, Director)

BoardNoah Lerner(Director)in

Co-investorsAligned Climate CapitalBoston Harbor AngelsClean Energy VentureGlobal BrainKeiretsu ForumNXT Ventures+6 more

Groundworkhellogroundwork.cominAug 2022 · $18M

A company focused on improving the home improvement industry by delivering customer experiences tailored to contractors and their clients.

Construction TechEnterprise SoftwareSaaSSales Tech

Co-investorsBeyond CapitalElevate VenturesAngular VenturesBASF Venture Capital GmbHHeavybitI2BF Global Ventures+5 more

Idle Smartidlesmart.comin

Idle Smart makes automated idle reduction systems for heavy-duty trucking fleets, cutting fuel use, downtime, and CO2 emissions from extended engine idling.

CleantechIoTLogistics & Supply ChainMobility & TransportationLenox, US

Jeff Lynch(Founder & CEO)in

Co-investorsBeacon AngelsEvergreen Climate InnovationsKCRise FundService Provider CapitalStout Street CapitalSustainVC+1 more

LineVisionlinevisioninc.cominOct 2022 · $33M

LineVision provides a grid intelligence platform offering Dynamic Line Ratings and situational awareness for electric utilities, using contactless edge sensors to monitor transmission lines and forecast capacity.

CleantechEnergyIoTSomerville, US

Jonathan Marmillo(Executive Officer)G. Hudson Gilmer(Executive Officer, Director, Promoter)inHudson Gilmer(Co-founder, Chair of the Board)inVishal Kapadia(Chief Executive Officer)inJohn Biasi(Chief Technical Officer)inMatt Mitchell(Chief Financial Officer)in

Co-investorsNational Grid PartnersClean Energy VentureClean Energy VenturesS2G InvestmentsUP PartnersMarubeni

Manifest Climatemanifestclimate.comin

Manifest provides software for institutional investors to apply custom sustainability and climate methodologies consistently across due diligence, portfolio monitoring, stewardship, and proxy voting, with cited evidence for all assessments.

AI & Machine LearningClimate TechEnterprise SoftwareFintechSaaS

Laura Zizzo(Founder)in

Co-investorsGarage CapitalGolden VenturesKlass CapitalOMERS VenturesTech Square Ventures

MyLandmyland.agin𝕏

MyLand uses live microalgae technology to improve soil health for farms, reducing water use and supporting sustainable agriculture.

AgTechCleantechClimate TechImpact & Social GoodPhoenix, US

Bob Thompson(Co-Founder, Chairman Emeritus)Dane Hague(Co-Founder & Chief Executive Officer)inRob Williams(Chief AI Officer, Fractional)inAndrew Ayers(Co-Founder, Director, Microalgae Impact)

Co-investorsWaterpoint Lane

Mysa by Empowered Homesgetmysa.com𝕏

Mysa makes smart thermostats for high-voltage electric heating systems such as electric baseboard, fan-forced in-wall, hydronic baseboard, and in-ceiling radiant heaters, offered in energy-monitoring and lower-priced LITE models.

EnergyHardwareIoT

Co-investorsKillick CapitalCycle Capital

Nofencenofence.noSep 2025 · $35M

Nofence provides a virtual fencing system for livestock, using solar-powered GPS collars and a mobile app that let farmers set and adjust grazing boundaries, track animals, and receive alerts without physical fences.

AgTechHardwareIoT

Oscar Hovde(Founder)inJoachim Kählerin

Co-investorsEuropean Circular Bioeconomy FundMomentumSandwaterCapagroFerdNysnø Climate Investments+1 more

Skywardskywardwildfire.comin

Skyward develops a lightning wildfire prevention system that uses AI to forecast where lightning is most likely to ignite wildfires and releases inert atmospheric materials to reduce cloud-to-ground strikes before fires start.

AI & Machine LearningCleantechClimate Tech

Co-investorsActive Impact InvestmentsAngel Collective Opportunity FundCity LightDiagramSarah SmithDangerous Ventures

XGS Energyxgsenergy.cominJan 2024

XGS Energy develops a proprietary solid-state, closed-loop geothermal system that uses thermally conductive materials and a pipe-in-pipe heat exchanger to generate clean, round-the-clock power without dependence on water or specific rock geology.

CleantechClimate TechEnergyPalo Alto, US

Richard Chong(Chief Financial Officer)inMichael Danaher(Executive Officer)Ghazal Izadi(Executive Officer)inJoshua Prueher(Executive Officer, Director)Glen Robinson(Director)David Seldin(Director)

Co-investorsAligned Climate CapitalClearSkyConstellation Technology VenturesThin Line CapitalValo VenturesVoLo Earth Ventures+2 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Wave AccountingKuvaMysaShape Png

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.

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Climate Innovation Capital made?
Climate Innovation Capital has 15 tracked investments, including 1 dated in the last 24 months.
What stage does Climate Innovation Capital invest at?
Climate Innovation Capital invests at the Series B, Series C, Growth stages.
What sectors does Climate Innovation Capital focus on?
Climate Innovation Capital focuses on Advanced Manufacturing, AgTech, Circular Economy, Cleantech, Climate Tech, Construction Tech, Energy, FoodTech, Mobility & Transportation, New Materials.
Where is Climate Innovation Capital located?
Climate Innovation Capital is headquartered in Toronto, CA.
Who does Climate Innovation Capital co-invest with?
Climate Innovation Capital most often shares deals with Aligned Climate Capital, Clean Energy Venture, SustainVC, among 46 tracked co-investors.

Images

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