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Climate Venture Capital Fund

Impact investor

Auckland · Seed–Series A · 14 people tracked

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Investment thesis

Climate Venture Capital Fund (Climate Fund 2) invests in Australasian companies whose climate impact is a consequence of how they win commercially rather than an added cost. It targets returns of at least 25% IRR, backing businesses that succeed by being cheaper, better, faster, or more scalable rather than relying on green premiums or regulatory loopholes. Building on ten active Climate Fund 1 companies since 2021 across water, energy, waste, agri-food, industrial, and marine sectors, Fund 2 holds exclusive follow-on rights plus new deal flow. An independent Climate Impact Committee of seven experts uses IRIS+ to measure each proposed investment and can veto capital deployment.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series A
HQ
Auckland, NZ
Leads rounds
Leads
Instruments
Equity
Founded
2021
Tracked investments
10

Team · 14 people

from the firm's website & public directories
Dr Paul Winton· Founder, Temple

Climate Impact Committee member and founder of Temple.

Paul Winton· Founder, Temple (Climate Impact Committee)

Member of the Climate Impact Committee; founder of Temple.

Prof. Shaun Hendy· Chief Scientist + Co-Founder, Toha NZ

Climate Impact Committee member; Chief Scientist and co-founder of Toha NZ.

Shaun Hendy· Chief Scientist & Co-Founder, Toha NZ (Climate Impact Committee)

Member of the Climate Impact Committee; Chief Scientist and co-founder of Toha NZ.

Dr Jodi York· Chief Impact Officer, Kilara Capital

Climate Impact Committee member and Chief Impact Officer at Kilara Capital.

Jodi York· Chief Impact Officer, Kilara Capital (Climate Impact Committee)

Member of the Climate Impact Committee; Chief Impact Officer at Kilara Capital.

Tom Culley

Contributor to the firm's blog covering the fund's awards and activities.

What they invest in

from 5 of 10 portfolio companies

Cleantech ×3New Materials ×3Climate Tech ×2Biotech ×1Consumer ×1E-commerce ×1Energy ×1FoodTech ×1

HQs:New Zealand×2United States×1

Investments · 10 tracked

founders shown can be your intro path
Aplenty

Green CO2 for greenhouse horticulture, replacing fossil-fuel-derived industrial CO2.

Cleanerycleaneryonline.com

Based on customer reviews, the site appears to sell cleaning products and household items such as foams, powders, and bathroom accessories online.

ConsumerE-commerce

Co-investorsAngel HQBooster Innovation FundCreative HQ — The IncubatorSoul Capital

Dot Ingredientsdotingredients.com

Dot Ingredients develops surfactants made from cellulose as a sustainable alternative to the fossil-fuel- and palm-oil-based surfactants used in cosmetics, cleaning, and food products.

BiotechCleantechNew Materials

Co-investorsCreative HQ — The Incubator

Liquiumliquium.nz

Liquium develops a new catalyst technology for producing clean (zero-carbon) ammonia under milder operating conditions than the traditional Haber-Bosch process, aiming to lower production and operating costs.

CleantechClimate TechNew Materials

Dr Franck Natali(CSO & Co-Founder)Dr Paul Geraghty(CEO & Co-Founder)

Co-investorsBooster Innovation FundMatū

Mara Bio

Fermentation platform converting food-industry by-products into functional proteins.

MGA Thermalmgathermal.comin

MGA Thermal develops a thermal energy storage system based on stackable "MGA Blocks" that stores renewable energy and discharges it as process heat, steam, or electricity for grid and industrial use.

CleantechClimate TechEnergy

Co-investorsAlberts Impact VenturesCP VenturesMain Sequence VenturesMelt Ventures

NovoLabs

World-first supercritical UV disinfection system for treating wastewater at very low UVT levels.

Ocean Balance

Marine carbon-removal technology aiming for gigatonne-scale removal; marine trials planned for late 2026/early 2027.

Teinyteiny.co.nz

Teiny develops an oat milk powder designed for use in food and beverage manufacturing, aiming to overcome the shipping, storage, and formulation limitations of liquid oat milk.

FoodTechNew Materials

Zethoszethos.techAug 2017

San Francisco, US

Ryan Sandler(President, Chief Executive Officer, Secretary, and Director)Ethan Winchell(Director)

Co-investorsBooster Innovation FundOutset Ventures

Frequently asked questions

How many investments has Climate Venture Capital Fund made?
Climate Venture Capital Fund has 10 tracked investments.
What stage does Climate Venture Capital Fund invest at?
Climate Venture Capital Fund invests at the Seed, Series A stages.
What sectors does Climate Venture Capital Fund focus on?
Climate Venture Capital Fund focuses on AgTech, Circular Economy, Cleantech, Climate Tech, Energy, FoodTech, Impact & Social Good, New Materials.
Where is Climate Venture Capital Fund located?
Climate Venture Capital Fund is headquartered in Auckland, NZ.
Does Climate Venture Capital Fund lead rounds?
Yes, Climate Venture Capital Fund leads investment rounds.
Who does Climate Venture Capital Fund co-invest with?
Climate Venture Capital Fund most often shares deals with Booster Innovation Fund, Creative HQ — The Incubator, Alberts Impact Ventures, among 10 tracked co-investors.

Images

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