Fundraising Fox

Earth Foundry

Venture capital

Chicago · Pre-Seed–Seed · 15 people tracked

Also known as EARTH FOUNDRY MANAGEMENT, LP

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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 Aug 25, 2026.

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

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

What they invest in

from 16 of 24 portfolio companies

Cleantech ×11Energy ×8Climate Tech ×5New Materials ×5Hardware ×3Cybersecurity ×2Data & Infrastructure ×2Deep Tech ×2

HQs:United States×10Canada×3

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)Harrison Meyer(Cofounder)Conor Rooney(Chief Technology Officer | Co-Founder)in

Co-investorsAzolla VenturesConnecticut InnovationsToyota VenturesEnergy Foundry

Advanced Diamond
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 a low-power display technology called LCD 2.0 that maintains consistent contrast in both indoor and outdoor lighting.

Deep TechHardwareNew Materials

Co-investorsAnzu PartnersDipalo VenturesEnergy FoundryWestern Technology InvestmentSABIC Ventures

Digital H2O
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 zinc-based long-duration energy storage technology that decouples energy from power to provide reliable, lower-cost backup power and grid support.

CleantechClimate TechEnergy

James Larsenin

Co-investorsToyota VenturesAnzu PartnersEnergy FoundryGraphite Ventures

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)Patrick 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)Dylan Lew(Cofounder)Kyle Wyche(Cofounder)

BoardJudy Li(Director)

Co-investorsAvesta FundEnergy FoundryEverywhere Ventures

Glidepath
Harvestharvest-thermal.cominOct 2023

Harvest Thermal combines high-efficiency heat pumps with a smart thermal battery (water-tank heat storage) and a controller (the Harvest Pod) to provide home heating, hot water, and air conditioning while lowering utility bills and emissions.

Advanced ManufacturingCleantechClimate TechEnergyKensington, US

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

Co-investorsAstiaClimate Impact CapitalCool Climate CollectiveEnergy FoundryPortfoliaSilicon Valley+4 more

Invektekinvektek.com

Co-investorsEnergy Foundry

MyTEDCOsite.com

Co-investorsiNNpulsa ColombiaMaryland TEDCOTEDCO

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)Connor Hund(Executive Officer)Erik 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.comAcquired

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)William Sanders(Director)

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

Co-investorsEarly Light VenturesEnergy FoundryEnergy Impact PartnersIllinois VenturesOkapi Venture CapitalSerra Ventures+1 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)in

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

Recurverecurve.comin

Recurve provides an open-source platform that turns utility customer energy data into demand-side and demand-flexibility programs, with tools for planning, segmentation, program delivery, and DER performance measurement and verification.

CleantechData & InfrastructureEnergy

Zach Robinin

Co-investorsCity LightEnergy FoundryFuture matters Venture CapitalPrelude VenturesQuantum Energy Partners

Root 3
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)

Co-investorsAngeleno GroupArcTern VenturesCollaborative FundCongruent VenturesDesigner FundEnergy Foundry+15 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

Sara Hochman(Director)Harris Brody(Director)Nicholas Mashburn(Executive Officer, Director, Promoter)David Gagnon(Executive Officer, Promoter)Amos Epstein(Executive Officer, Director, Promoter)

Co-investorsBullpen CapitalSerra VenturesShorooq PartnersEnergy Foundry

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.

CleantechEnergyNew Materials

Co-investorsClean Energy VentureEnergy FoundryClean Energy Ventures

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Earth Foundry made?
Earth Foundry has 24 tracked investments.
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, 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 74 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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