Climate Innovation Capital
Venture capitalToronto · 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 7 of 14 portfolio companiesCleantech ×3AgTech ×2Climate Tech ×2Energy ×2IoT ×2Advanced Manufacturing ×1AI & Machine Learning ×1Circular Economy ×1
HQs:United States×5Norway×1
Investments · 14 tracked
founders shown can be your intro pathBy year:2024 · 12015 · 12 dated
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)
Board seatKevin Kimsa· per SEC Form D · $14M raise · filed May 2015
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)Daniel Thompson(Director)Jonathan Strimling(Executive Officer)James Austin(Executive Officer)Marco Peterson(Executive Officer, Director)
Groundwork BioAg offers a carbon farming program that applies biological products to agricultural land to sequester carbon and improve soil health.
AgTechClimate TechImpact & Social Good
Idle Smart makes an automated idle management and battery protection system combining hardware with a SmartPortal software platform for heavy-duty trucking fleets.
CleantechLogistics & Supply ChainMobility & TransportationLenox, US
Jeffrey Lynch(Executive Officer)
Industrial IoT platform for automated image-based continuous methane monitoring (marked as Exited).
LineVision develops grid-enhancing technology that provides transmission grid intelligence to help utilities and system operators optimize grid operations and planning.
CleantechEnergyIoTSomerville, US
Erik Levy(Director)David Bewster(Director)Todd Gershkowitz(Director)Jonathan Marmillo(Executive Officer)G. Hudson Gilmer(Executive Officer, Director, Promoter)Nathan Pinney(Executive Officer, Promoter)
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
Smart thermostats and virtual power plant partnerships.
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
EnergyPalo Alto, US
Michael Danaher(Executive Officer)Ghazal Izadi(Executive Officer)Joshua Prueher(Executive Officer, Director)Glen Robinson(Director)David Seldin(Director)Craig Barrett(Director)
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 companiesCleanFiber · businesswest.com · Jun 19, 2026
Frequently asked questions
- 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.
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