🦊/Investors

Earth Foundry

Venture capital

Chicago · Pre-Seed–Seed · 15 people tracked

Also known as EARTH FOUNDRY MANAGEMENT, LP

Find your way into Earth Foundry

1,035 people in our graph share verified history with the Earth Foundry team — schools, employers, funds. One of them is your warm intro.

Laura Buhlerunlockedknows Jason Blumberg · together at McKinsey & Company (overlapped)
×7knows the team · via McKinsey & Company
knows the team · via University of Chicago Booth School of Business
×2knows the team · via The University of Chicago Booth School of Business
knows the team · via GE Energy
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Investment thesis

Earth Foundry pursues venture capital in critical industries such as energy, water, waste, mobility, agriculture, and infrastructure. Its approach combines an AI backbone, a proprietary data moat, deep sector expertise, capital-efficient operating playbooks, and world-class partners, aiming to create industry-defining companies within these essential and often overlooked sectors.

Source: firm website, verified Sep 15, 2026.

Stage
Pre-Seed–Seed
HQ
Chicago, Illinois, US
Instruments
Equity
Founded
2012
Private fund assets
$36.5M
VC funds
2
Tracked investments
24
Acquisitions
2

Team · 15 people

from the firm's website & public directories
Piers Wells· Managing Director
Adam Wallen· Venture Partner
Bill Lese· Venture Partner
Frank Egan· Venture Partner
Heidi Lubin· Venture Partner
Nick Henry-Stolz· Venture Partner
Myles Scott· Analyst

Founder mafia

2 people who came through Earth Foundry went on to found or lead other companies.

What they invest in

from 18 of 24 portfolio companies

Cleantech ×13Energy ×9Climate Tech ×7Hardware ×6New Materials ×5Advanced Manufacturing ×3Deep Tech ×3SaaS ×3

HQs:United States×14Canada×3

Who they back

founder profiles across 13 portfolio companies
54%
solo founders
7 of 13 mapped founding teams
27%
repeat founders
of 15 founders with career history

Founding team size:solo founder×72 founders×33 founders×24+ founders×1

Where their founders studiedfrom 14 founders with education data

Stanford University ×3Yale School of Management ×2

What their founders studiedfrom 14 founders with field-of-study data

Engineering ×6Business & Management ×2Economics ×2Finance & Accounting ×2

Investments · 24 tracked

founders shown can be your intro path
Oxylus Energyoxylusenergy.comin✓ verified

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

Perry Bakas(Chief Executive Officer | Co-Founder)inHarrison Meyer(Cofounder)inConor Rooney(Chief Technology Officer | Co-Founder)in

Co-investorsAzolla VenturesConnecticut InnovationsToyota VenturesEnergy Foundry

Atlasatlasds.comin𝕏

AtlasBase builds a hybrid Bio-Silicon platform that stores digital data in synthetic DNA and performs computation directly within the molecules, offering petabyte-scale archives with near-zero power and long-term durability.

BiotechData & InfrastructureDeep Tech

Co-investorsEnergy FoundryAccelAlso CapitalBlackRockGreycroftMana Ventures

Azumoazumotech.comin𝕏

Azumo develops low-power display technology, specifically reflective LCD systems and front light panels that reduce energy consumption for device screens.

Advanced ManufacturingCleantechDeep TechHardwareNew MaterialsChicago, US

Mike Casper(CEO (Co-Founder))inTony(CTO (Co-Founder))Shawn Pucylowski(CFO (Co-Founder))inDr. Tony Nichol

Co-investorsAnzu PartnersDipalo VenturesEnergy FoundryWestern Technology InvestmentSABIC Ventures

Dragos websitedragos.comin

Dragos provides cybersecurity software, threat intelligence, and professional services to protect operational technology (OT), IT, and IoT assets in industrial environments.

CybersecurityDefense TechEnterprise SoftwareHanover, US

Robert M. Lee(CEO and co-founder)in

Co-investorsAllegisCyber CapitalBYU Cougar CapitalCanaan PartnersCyber Mentor FundDataTribeEnergy Foundry+9 more

E-zince-zinc.cain𝕏

e-Zinc develops long-duration energy storage solutions using zinc-based technology for grid resilience, remote power, and renewable energy integration.

CleantechClimate TechEnergyHardwareOntario, CA

Dr. Gregory X. Zhang(Founder)James Larsenin

Co-investorsToyota VenturesAnzu PartnersEnergy FoundryGraphite VenturesMaRS Investment Accelerator FundUltratech Capital Partners

Earthshot Labsearthshot.ecoin

Earthshot provides end-to-end support for land stewards developing and financing nature-based carbon projects, including greenhouse gas accounting, compliance with carbon standards, and project financing.

CleantechClimate TechImpact & Social GoodSebastopol, US

Troy Carter(CEO & Co-Founder)inPatrick Leung(Executive Officer, Director)

BoardMaryanna Saenko(Director)in

Co-investorsAcorn Pacific VenturesParameter VenturesTrailhead CapitalEnergy FoundryFuture VenturesEarthshot Ventures+6 more

Ecotone Renewablesecotonerenewables.comin

Pittsburgh-based company that turns food waste into liquid fertilizer and biogas using container-based anaerobic digesters.

Pittsburgh, US

Elliott Bennett(Cofounder)inDylan Lew(Cofounder)inKyle Wyche(Cofounder)in

BoardJudy Li(Director)

Co-investorsAvesta FundEnergy FoundryEverywhere Ventures

Glidepathglidepath.net

GlidePath is an independent developer and owner of battery storage and advanced energy systems, with a portfolio of projects in operation and development across the United States.

CleantechClimate TechEnergyChicago, US

Co-investorsEnergy Foundry

Harvestharvest-thermal.cominOct 2023

Harvest Thermal makes an all-in-one home heating, cooling, and hot water system that pairs an air-to-water heat pump with an insulated thermal storage tank and optimization software to shift electricity use to cheaper, cleaner periods.

Advanced ManufacturingCleantechClimate TechEnergyHardwareKensington, US

JanePierreKen Munson(Executive Officer, Director)inElisabeth Jane Melia(Executive Officer, Director)

Co-investors37 AngelsAstiaClimate Impact CapitalCool Climate CollectiveEnergy FoundryPortfolia+4 more

Invektekinvektek.com

InVekTek develops SwayMaster, an anti-sway control system for industrial and overhead cranes that intercepts and reshapes operator commands to prevent load sway.

Advanced ManufacturingHardwareRoboticsWaukesha, US

Co-investorsEnergy Foundry

NanoGrafnanograf.cominJan 2023

NanoGraf develops a silicon-based high-energy-density anode material intended to replace graphite anodes and improve the performance of lithium-ion batteries.

CleantechEnergyNew MaterialsChicago, US

Samir Mayekar(Director)Francis Wang(Executive Officer, Director)inConnor Hund(Executive Officer)inErik Birkerts(CEO)inKara Rodby(Chief Strategy Officer)inJia Chow(VP of Manufacturing)

Co-investorsEmerald Technology Ventures AgEnergy FoundryEvergreen Climate InnovationsMaterial ImpactHyde Park Angels

Network Perceptionnetwork-perception.cominAcquired

Network Perception offers NP-View, software that generates and maintains network maps to help organizations assess risk, verify network segmentation, and evaluate the security posture of their environments.

CybersecurityEnterprise SoftwareSaaSChicago, US

Robin Berthier(Chief Executive Officer, President, & Director)Ted Greene(Chief Operating Officer)inWilliam Sanders(Director)

BoardJeff Bocan(Director)Steve Westly(Director)inRobert Schultz(Director)in

Co-investorsEarly Light VenturesEnergy FoundryEnergy Impact PartnersIllinois VenturesOkapi Venture CapitalSerra Ventures+2 more

NxLitenxlite.comin

NxLite develops sustainable coatings and glazing solutions for building windows and glass to improve energy efficiency and reduce heating/cooling energy loss.

CleantechConstruction TechNew MaterialsToronto, CA

David Matherin

Co-investorsACT Venture PartnersBackwards CapitalCreative VenturesEnergy FoundryNew Climate VenturesTop Corner Capital+1 more

Omnidianomnidian.comin𝕏

Omnidian provides post-installation care and performance protection for solar and clean energy investments, focusing on the service experience after systems are installed.

AI & Machine LearningCleantechClimate TechEnergySaaSSeattle, US

Mark Liffmann(Founder & CEO)inMark Liffman(Executive Officer, Director)Caroline Bec Cox(Executive Officer)in

BoardRick Viton(Director)inTom Groos(Director)inAbe Yokell(Director)in

Co-investorsACTIVATE CAPITAL PARTNERSB Capital GroupB4 CapitalBlue Bear Capital PartnersBridges Fund Management Ltd.City Light+11 more

Recurverecurve.comin

Recurve provides a unified software platform for utilities and their partners to manage demand-side energy programs by integrating data from multiple systems and using AI analytics to improve program performance and decision-making.

AI & Machine LearningCleantechData & InfrastructureEnergySaaSSan Francisco, US

Zach Robin(Chief Executive Officer)in

Co-investorsCity LightEnergy FoundryFuture matters Venture CapitalPrelude VenturesQuantum Energy Partners

SPANspan.ioin𝕏

SPAN develops smart electrical panels that provide real-time home energy monitoring and control, enabling homeowners to track and optimize energy consumption at the room and appliance level to reduce energy bills.

CleantechHardwareIoTSan Francisco, US

Arch Rao(Founder & CEO)inArchan Rao(Executive Officer, Director)Douglas Booms(Executive Officer)inRyan Harris(Executive Officer)in

BoardDipender Saluja(Director)Greg Wasserman(Director)

Co-investorsAngeleno GroupArcTern VenturesCollaborative FundCongruent VenturesDesigner FundEnergy Foundry+17 more

Tank Utilitytankutility.comin𝕏Acquired

Tank Utility offers an LTE-connected tank monitoring device and mobile app that tracks fuel levels and alerts users before they run out, helping fuel delivery operators reduce the number of deliveries needed.

EnergyHardwareIoTSomerville, US

Nicholas Mashburn(Executive Officer, Director, Promoter)inAmos Epstein(Executive Officer, Director, Promoter)inDavid Gagnon(Executive Officer, Promoter)

BoardSara Hochman(Director)Harris Brody(Director)

Co-investorsBullpen CapitalEnergy FoundrySerra VenturesShorooq Partners

UpSolvpolystyvert.comin

UpSolv (Polystyvert) develops a plastics recycling technology based on dissolution and purification to produce custom purified resins from thermoplastics such as polystyrene, HIPS, ABS, and polyolefins (PE, PP, PC), removing contaminants while retaining additives.

Circular EconomyCleantechNew MaterialsQuébec, CA

Co-investorsEnergy FoundryCycle Capital

Volexionvolexion-inc.comin

Volexion develops cathode active material encapsulation technology and drop-in composite materials for lithium-ion battery manufacturing, improving cycle life, power density, temperature range, and voltage window.

CleantechClimate TechDeep TechEnergyNew Materials

Damien Despinoy(Co-Founder, President and COO)inJoseph X. Adiletta

Co-investorsClean Energy VentureEnergy FoundryClean Energy Ventures

Other

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

Advanced DiamondDigital H2OIntellihotMyTEDCORoot 3

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Earth Foundry made?
Earth Foundry has 24 tracked investments, 2 of which have exited.
What stage does Earth Foundry invest at?
Earth Foundry invests at the Pre-Seed, Seed stages.
What sectors does Earth Foundry focus on?
Earth Foundry focuses on AgTech, Circular Economy, Cleantech, Climate Tech, Deep Tech, Energy, FoodTech, Mobility & Transportation, New Materials.
Where is Earth Foundry located?
Earth Foundry is headquartered in Chicago, US.
Who does Earth Foundry co-invest with?
Earth Foundry most often shares deals with Energy Foundry, Anzu Partners, Congruent Ventures, among 76 tracked co-investors.

Media · Podcasts & interviews

featuring the team

#129 Impact Investment Hurdles, Launching a 2nd Fund, & More w/ Jason Blumberg (Earth Foundry)

Silas Mähner · Jason Blumberg

Images

Earth Foundry photoEarth Foundry photoEarth Foundry photoEarth Foundry photo

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