Evergreen Climate Innovations
Impact investorChicago · Pre-Seed–Seed · 12 people tracked
Investment thesis
Evergreen Climate Innovations backs early-stage climate tech startups working to address the climate emergency. Beyond providing early-stage capital, the firm connects innovators to funding, demonstration opportunities, customers, and investors, and works actively to help portfolio companies succeed. It emphasizes measurable impact, highlighting follow-on funding catalyzed, jobs created, and a portfolio with a majority of female and minority founders. The organization frames itself as enabling supporters to make a compounding positive impact on the climate crisis by recycling grants and contributions into ongoing investment. Applications for investment are accepted on a rolling basis.
Source: firm website, verified Aug 3, 2026.
Team · 12 people
from the firm's website & public directories
What they invest in
from 29 of 48 portfolio companiesCleantech ×21Energy ×12Climate Tech ×11New Materials ×10Circular Economy ×7Hardware ×7Deep Tech ×5Advanced Manufacturing ×4
HQs:United States×22
Investments · 48 tracked
founders shown can be your intro pathBy year:2025 · 12023 · 22022 · 22021 · 22019 · 12016 · 19 dated
75F provides IoT-based building management systems combining hardware and software to optimize energy efficiency and indoor air quality in commercial buildings.
CleantechEnergyEnterprise SoftwareIoTMankato, US
Deepinder Singh(Executive Officer, Director)
BoardBill Gatesin
Co-investorsBuilding VenturesRevolutionBreakthrough Energy VenturesClimate InvestmentWIND VenturesNext47+1 more
Empowers businesses to make better energy decisions
Co-investorsCSA Partners LLCWisconsin Investment Partners
Aker.ag provides remote sensing and crop diagnostics for farmers, offering real-time field information to help identify areas affected by disease or low yield and support water and land planning.
AgTechAI & Machine LearningSaaS
Delivers the market's safest fully-customized lithium-ion battery packs with extended run-time
Aquarry provides mining companies a process to remediate closed open-pit mine lakes by dissolving alkaline minerals to absorb CO2 and reprocess tailings and waste rock, recovering critical metals while reducing closure costs and carbon tax liabilities.
CleantechClimate TechNew Materials
Co-investorsAvilaDeep Science Ventures
Renewance provides lifecycle management services and software for industrial batteries, including battery energy storage systems and EV batteries, covering deployment, operational performance, and compliant end-of-life management.
Circular EconomyCleantechEnergy
Commercializing the world's first electrostatic motors and generators for ultra-efficient mobility and wind power generation
Cache Energy provides thermal energy storage systems that use thermo-chemical technology to store heat at 1,000°F for dispatch periods ranging from 1 to 1,000 hours, serving industrial and commercial customers needing long-term energy storage and heat electrification.
CleantechEnergyHardware
Co-investorsCantos VenturesUnshackled VenturesVoyager Partners
Carba converts waste biomass into stable biocarbon using proprietary modular thermal reactors, for use in industrial materials, permanent carbon removal, and pollution management.
Circular EconomyCleantechClimate Tech
Co-investorsGROOVE CAPITAL
C-Motive develops ZeroMag, an electrostatic motor-drive system that eliminates gearboxes, permanent magnets, and most copper for high-torque, low-speed industrial applications.
Advanced ManufacturingCleantechHardware
Co-investorsAzolla VenturesClean Energy VenturePrime Impact FundStarlight Ventures
Washington, US
Mitchell Hora(Executive Officer, Director)Brad McDonald(Executive Officer)
BoardSpencer Stensrude(Director)Michael Blanding(Director)Owen Gerard(Director)
Co-investorsISA VenturesSVG Ventures | THRIVE
Delivers state-of-the-art magnetics to enable power electronics components that are 90% smaller and 50% more efficient
EnergyHardwareNew MaterialsPittsburgh, US
Samuel Kernion(PRESIDENT)
Darcy Solutions develops the Darcy Dipole System, a groundwater-based geothermal heat exchanger designed around site-specific geology to provide thermal energy for heating and cooling buildings.
CleantechClimate TechEnergyExcelsior, US
Larson Brian(Executive Officer, Director)Randolph Jimmy(Executive Officer, Director)Andrew Steiner(Executive Officer, Director)Frederick R. Steiner(Executive Officer, Director)Dan King(Executive Officer)Jimmy Randolph(Executive Officer)
Makes it easier to remove heavy metals from industrial wastewater
Enspired Solutions offers PFAS destruction technology for water, providing services including benchtop treatability studies, feasibility study support, field pilot tests, and full-scale on-site implementation.
CleantechClimate TechDeep TechLaingsburg, US
Denise Kay(Executive Officer, Director)Laurie Parsons(Director)Meng Wang(Executive Officer)
BoardJeff Wesley(Director)in
Co-investorsMichigan Rise
Purifies water with low-cost ozone generation
Delivers the most advanced microgrids for maximum energy resiliency
Anderson, US
Lisa Laughner(Executive Officer, Director)
BoardAndrew Card Jr.(Director)S. Paul Halata(Director)
GreenLancer operates an online marketplace connecting solar and EV charging station contractors with PV engineers and designers for standardized permit design, engineering, repair, and maintenance services.
B2B MarketplacesCleantechEnergyDetroit, US
Patrick McCabe(Co-Founder, President, and COO)Chris Seago(CEO & Chairman)Matt Howe(Chief Technology Officer)
Co-investorsWakestream Ventures
Co-investorsEnergize Capital
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 AngelsClimate Innovation CapitalKCRise FundStout Street CapitalSustainVCThe Alchemy Fund
Brings connected, intelligent solutions to the built environment to drive building automation and energy efficiency
Johnston, US
Dwight Stewart(Chief Technology Officer)Steven L'Heureux(Chief Executive Officer)Dustin Thomas(Director)
BoardScott Hoekman(Director)inSean McMurray(Director)Jim Fogt(Director)
Co-investorsNext Level Ventures
Co-investorsCapital Midwest FundEarth FoundryEmerald Development ManagersEnergy FoundryPallasite VenturesWAVE Equity Partners+1 more
Iris Light develops photonic inks based on nanomaterials that enable integration of light-emitting and light-detecting components directly onto silicon wafers, addressing manufacturing bottlenecks in silicon photonics and infrared imaging.
Advanced ManufacturingDeep TechHardwareNew MaterialsSemiconductorsChicago, US
Chad Husko, Ph.D.(Founder)in
Co-investorsTechstars
Kadeya operates a closed-loop beverage dispensing system that bottles drinks on demand in workplace settings and collects bottles for cleaning and reuse, eliminating single-use plastic waste.
Circular EconomyCleantechClimate TechConsumerFoodTechImpact & Social GoodChicago, US
Manuela ZoninseininAli Rose van OverbekeinAndrew Dunn(Director)
BoardZachary Smith(Director)
Co-investorsChicago Early Growth Ventures (CEGV)Clocktower VenturesDipalo VenturesGROOVE CAPITALOxonian VenturesPS27 Ventures+4 more
Kemvera is a sustainable chemical company that produces bio-based drop-in chemicals, including bio-acetic acid and bio-ethyl acetate, made from Midwest corn ethanol to help brand owners lower the carbon footprint of products like paints, footwear, disinfectants, and perfumes.
CleantechClimate TechNew Materials
Chern-Hooi Lim(Founder & CEO)
Lakril develops catalytic technologies to convert biomass into renewable chemicals for use as alternatives to petroleum-derived building blocks.
Circular EconomyCleantechDeep TechNew MaterialsChicago, US
Christopher P. Nicholas(Founding Partner / CTO / Director)inPaul J. Dauenhauer(Founding Partner & Chief Technical Advisor)Justin Brown(CEO / Director)in
BoardLisa Dufresne(Director)inMel Luetkens(Director)inAndy Shafer(Director)in
Co-investorsService Provider CapitalThe Innovation Space
Living Ink produces black pigments and inks made from discarded algae biomass as a replacement for petroleum-based carbon black.
Circular EconomyCleantechNew MaterialsBerthoud, Co, US
Scott Fulbright(President and CEO)Jacob Roodman(Chief Operating Officer)
BoardPeter Bradley(Director)James Sapanski(Director)
Co-investorsSavia Ventures
Lotic Labs provides software solutions to help businesses discover, track, and manage weather-related financial risks across their supply chains, assets, and operations.
AI & Machine LearningCleantechClimate TechEnterprise SoftwareFintechChicago, US
Co-investorsTechstars
Marel builds ultra-compact power-conversion building blocks — power modules and power stacks — that integrate semiconductor packaging and cooling to reduce the size, weight, and cost of high-power converters, inverters, and breakers.
EnergyHardwareSemiconductors
Amrit Vivekanand(Chief Executive Officer)inGarry Miller(Chief Operating Officer)inIan Byers(Chief Technology Officer)in
Co-investorsMichigan Rise
MITO Material Solutions develops patented hybrid additive technology that enhances fiber-reinforced composites and thermoplastics by functionalizing materials like graphene oxide and biomaterials, serving the manufacturing industry.
Advanced ManufacturingCleantechClimate TechDeep TechNew MaterialsStillwater, US
Haley Marie Keith(Executive Officer, Director)Kevin Keith(Director)Steve Hulme(Director)
BoardMahdi Ghazizadeh(Director)Richard J. Diemer, Jr.(Director)Joel Neale(Director)
Co-investorsCitrine AngelsCortado VenturesElevate VenturesHG VenturesHouston Angel NetworkMichigan Capital Network+2 more
Turns one company's trash into another company's treasure through waste management
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-investorsEarth FoundryEmerald Technology Ventures AgEnergy FoundryMaterial ImpactHyde Park Angels
Reduces carbon emissions from commercial building air conditioners by half through thermal storage
Net Energy builds FLEX-ICE, a liquid cooling system with integrated thermal energy storage for high-performance AI data centers, aimed at reducing peak demand, emissions, and energy use.
CleantechEnergyHardware
Brings off-grid clean energy to Sub-Saharan Africa to eliminate emissions and reduce energy poverty
EnergyMadison, US
Aaron Olson(Executive Officer, Promoter)Mehrdad Arjmand(Executive Officer, Promoter)
Co-investorsTEL Venture Capital, Inc.Aramco Ventures
ElectraMet builds electrochemical wastewater treatment systems for metal recovery, oxidant abatement, and acid reuse, serving industrial customers in sectors such as mining and microelectronics.
Circular EconomyCleantechNew MaterialsLexington, US
CAMERON LIPPERT(Executive Officer, Director)Keith Jacobs(Executive Officer, Director)James Landon(Executive Officer, Director)ANDERS HALLSBY(Director)
BoardChristopher Young(Director)Ginger Rothrock(Director)in
Co-investorsBluegrass Angel VentureCarnrite VenturesHG Ventures
Rebundle makes plant-based braiding hair using patented technology that repurposes discarded banana stems into non-toxic, itch-free synthetic hair.
Circular EconomyConsumerNew Materials
Co-investorsChicago Early Growth Ventures (CEGV)PortfoliaRareBreed Ventures
Ensures every used lithium-ion battery ends up repurposed or recycled
Specter Aerospace develops hypersonic and air-breathing propulsion vehicles, including scramjets aimed at reaching Mach 5 and beyond, targeting both defense applications for the U.S.
Deep TechDefense TechSpace Tech
Co-investorsE2MC Venturesfutureland venturesOPAMP CAPITAL
Helps employees get a ride to work with their coworkers
Provides real-time visibility into water distribution systems to ensure access to clean, safe water
Co-investorsCorazon Capital
Wellntel builds groundwater monitoring technology, including sensor systems and an Analytics Dashboard, to help clients track and manage freshwater and groundwater resources.
CleantechClimate TechData & InfrastructureIoTShorewood, US
Marian(Co-founder)Eric Lorenz(Director)Marian Singer(Executive Officer, Director)Nicholas Hayes(Executive Officer, Director)
Wright Electric develops high-power-density power systems and inverter generators for defense, aerospace, commercial, and industrial applications.
Advanced ManufacturingClimate TechDefense TechEnergyHardwareSpace TechAlbany, US
Jeff Engler(Founder/CEO)inDoug Griswold(Founder)in
Co-investorsY CombinatorThird Sphere
Portfolio news
latest coverage across their companiesKadeya · trysignalbase.com · Nov 25, 2025
Frequently asked questions
- How many investments has Evergreen Climate Innovations made?
- Evergreen Climate Innovations has 48 tracked investments, including 1 dated in the last 24 months.
- What stage does Evergreen Climate Innovations invest at?
- Evergreen Climate Innovations invests at the Pre-Seed, Seed stages.
- What sectors does Evergreen Climate Innovations focus on?
- Evergreen Climate Innovations focuses on Cleantech, Climate Tech, Impact & Social Good.
- Where is Evergreen Climate Innovations located?
- Evergreen Climate Innovations is headquartered in Chicago, US.
- Does Evergreen Climate Innovations lead rounds?
- Evergreen Climate Innovations typically participates in rounds rather than leading them.
- Who does Evergreen Climate Innovations co-invest with?
- Evergreen Climate Innovations most often shares deals with Techstars, Earth Foundry, GROOVE CAPITAL, among 59 tracked co-investors.
Media · Podcasts & interviews
from their channelChannel Strategy 101
Evergreen Climate Innovations
Conducting Effective Sales Conversations
Evergreen Climate Innovations
EnergyTech University Prize | Explore The Great Lakes
Evergreen Climate Innovations
Climate Tech Investors Predict 2023
Evergreen Climate Innovations
Funding Opportunities for Early-Stage Climate Tech Startups - Info Session November 2022
Evergreen Climate Innovations
Water Innovation Showcase
Evergreen Climate Innovations
Co-investors · 2
M25 is an early-stage venture firm based in Chicago that invests exclusively in tech startups headquartered in the U.S. Midwest. Since 2015 it has become the region's most active investor, using an analytical scorecard approach to screening startups.
Firms observed investing alongside Evergreen Climate Innovations, from public investor directories. Shared companies are the overlap with Evergreen Climate Innovations's recorded portfolio.
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