Toronto · Series B–Growth · 11 people tracked
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.
Team · 11 people
from the firm's website & public directories
What they invest in
from 10 of 14 portfolio companiesCleantech ×6Climate Tech ×5IoT ×4AgTech ×3Energy ×3AI & Machine Learning ×2Hardware ×2Advanced Manufacturing ×1
HQs:United States×5Canada×1Norway×1
Investments · 14 tracked
founders shown can be your intro pathBy year:2024 · 12015 · 12 dated
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
Toronto
Rebecca Skvorc(Vice President, Finance)Mamoon Hamid(Director)James Lochrie(Vice President, Chief Technology Officer and Director)Kirk Simpson(President, CEO and Director)
BoardDevdutt Yellurkar(Director)in
Board seatKevin Kimsa· per SEC Form D · $14M raise · filed May 2015
Co-investorsCRV (Charles River Ventures)Framework Venture Partners
CleanFiber manufactures cellulose-based insulation from recycled newsprint for the building materials industry.
Advanced ManufacturingCircular EconomyCleantechConstruction TechNew MaterialsBuffalo, US
Sami Rahman(CEO)Erik Gregory(Chief Financial Officer)Jonathan 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
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)inJeffrey Lynch(Executive Officer)
Co-investorsBeacon AngelsEvergreen Climate InnovationsKCRise FundStout Street CapitalSustainVCThe Alchemy Fund
Methane monitoring provider using short-wave infrared cameras to detect hydrocarbon emissions in real time.
Co-investorsNGIF Capital
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)Hudson Gilmer(Co-founder, Chair of the Board)Vishal Kapadia(Chief Executive Officer)John Biasi(Chief Technical Officer)Matt Mitchell(Chief Financial Officer)
Co-investorsNational Grid PartnersClean Energy VentureClean Energy VenturesS2G InvestmentsUP PartnersMarubeni
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 CapitalKlass CapitalOMERS VenturesTech Square Ventures
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)Rob Williams(Chief AI Officer, Fractional)Robert Thompson(Director)Andrew Ayers(Co-Founder, Director, Microalgae Impact)
Co-investorsWaterpoint Lane
Smart thermostats and virtual power plant partnerships.
Co-investorsMemorial Centre for EntrepreneurshipRound13 Capital
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
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
Co-investorsEuropean Circular Bioeconomy FundMomentumSandwater
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 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
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 companiesSkyward · marketbeat.com · Aug 19, 2026
XGS Energy · amp.axios.com · Aug 18, 2026
CleanFiber · businesswest.com · Jun 19, 2026
Frequently asked questions
- How many investments has Climate Innovation Capital made?
- Climate Innovation Capital has 13 tracked investments.
- 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 44 tracked co-investors.
Images
Similar investors
Almi Invest is a Swedish state-owned venture capital company that invests in early-stage startups and growth companies with scalable business models, operating through regional funds and a national GreenTech Fund.
Prelude Ventures is a venture capital firm founded in 2009 that invests in and supports entrepreneurs building climate-focused businesses to accelerate the transition to a low-carbon economy.
Nordic Alpha Partners is a greentech-focused investment firm backing pioneering market-leading companies across six sustainable greentech investment areas.
Emerald Technology Ventures is a venture capital investor focused on complex, cutting-edge technologies, supporting entrepreneurs at the frontier of scientific and industrial innovation.
SHIFT Invest is an early-stage impact investor that backs companies generating positive impact on climate and nature, and supports impact entrepreneurs in scaling their businesses.