Fundraising Fox

Evergreen Climate Innovations

Impact investor

Chicago · Pre-Seed–Seed · 11 people tracked

Find your way into Evergreen Climate Innovations

9,524 people in our graph share verified history with the Evergreen Climate Innovations team — schools, employers, funds. One of them is your warm intro.

Dave Blivinunlockedknows Rachel Sebald · together at Techstars (overlapped)
×3knows the team · via Goldman Sachs
×3knows the team · via Brown University
×3knows the team · via PwC
×2knows the team · via University of Illinois Urbana-Champaign
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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.

Stage
Pre-Seed–Seed
HQ
Chicago, IL, US
Leads rounds
Follows
Instruments
Equity · Grants
Tracked investments
48

Team · 11 people

from the firm's website
Dylan O'Reilly· Program Directorin
Dylan O’Reilly· Program Directorin

Founder mafia

2 people who came through Evergreen Climate Innovations went on to found or lead other companies.

What they invest in

from 30 of 48 portfolio companies

Cleantech ×21Energy ×13Climate Tech ×12New Materials ×10Hardware ×9Circular Economy ×7Deep Tech ×7Advanced Manufacturing ×5

HQs:United States×27

Who they back

founder profiles across 26 portfolio companies
73%
solo founders
19 of 26 mapped founding teams
33%
repeat founders
of 24 founders with career history
~4 yrs
old at investment
median across 8 dated deals

Founding team size:solo founder×192 founders×63 founders×1

Where their founders studiedfrom 23 founders with education data

Michigan State University ×2Northwestern University ×2University of Colorado Boulder ×2University of Wisconsin-Madison ×2

Where their founders worked beforefrom 24 founders with career history

Colorado State University ×2

Accelerator rootsportfolio companies that came through a program

Techstars ×5

10 founders hold a PhD · 5 hold an MBA (of 24 with degree data)

Investments · 48 tracked

founders shown can be your intro path

By year:2025 · 12023 · 22022 · 32021 · 22019 · 12016 · 110 dated

75F75f.ioin𝕏Feb 2021

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)in

BoardBill Gatesin

Co-investorsBreakthrough Energy VenturesBuilding VenturesRevolutionClimate InvestmentWIND VenturesNext47+1 more

Agentis

Empowers businesses to make better energy decisions

Agentisenergyagentisenergy.com
Agricycleagricycleglobal.com

Co-investorsCSA Partners LLCWisconsin Investment Partners

Akeraker.ag

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

AllCell Technologies

Delivers the market's safest fully-customized lithium-ion battery packs with extended run-time

Allcelltechallcelltech.com
Aquarryaquarry.earthin

Aquarry develops technology solutions focused on mine closure and remediation.

CleantechClimate TechImpact & Social GoodNew Materials

Kate Murphy, PhD(Founder)in

Co-investorsAvilaDeep Science Ventures

Batterystewardshipbatterystewardship.comin

Renewance provides end-to-end lifecycle management for industrial lithium-ion and energy storage batteries, covering regulatory compliance, transportation logistics, and end-of-life take-back and recycling.

Circular EconomyCleantechEnergyAlbany, US

Jamal Burki(Co-Founder & CEO)inSander Jacobs(Co-Founder & CCO)in

C-Motive Technologies

Commercializing the world's first electrostatic motors and generators for ultra-efficient mobility and wind power generation

Cache Energycache-energy.cominSep 2022

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

Carbacarba.com

Carba develops patented pyrolysis and carbon storage technology that converts waste biomass into stable carbon products for permanent carbon removal.

Circular EconomyCleantechClimate TechDeep TechMinneapolis, US

Andrew Jones(CEO and Co-founder)inPaul Dauenhauer(Co-founder and Senior Advisor)Nick Halla(Co-founder)

Co-investorsGROOVE CAPITAL

CMotive Technologiesc-motive.comin

C-Motive designs electric motors and machines for renewable energy generation, electric mobility, and industrial applications, with a focus on reducing carbon emissions through improved efficiency.

Advanced ManufacturingCleantechEnergyHardwareMadison, US

Co-investorsAzolla VenturesClean Energy VenturePrime Impact FundStarlight Ventures

Continuum Agcontinuum.aginMar 2021

Continuum Ag is a soil health data intelligence company that helps farmers measure, verify, and monetize the Carbon Intensity of their crops to earn premiums on low-carbon grain.

AgTechClimate TechData & InfrastructureWashington, US

Mitchell Hora(CEO & Founder)Brad McDonald(Executive Officer)in

BoardSpencer Stensrude(Director)Michael Blanding(Director)Owen Gerard(Director)

Co-investorsISA VenturesAg Startup Engine SeedAg Ventures AllianceSVG Ventures | THRIVE

CorePower Magneticscorepowermagnetics.cominAug 2022

Delivers state-of-the-art magnetics to enable power electronics components that are 90% smaller and 50% more efficient

Advanced ManufacturingEnergyHardwareNew MaterialsPittsburgh, US

Samuel Kernion(PRESIDENT)Paul Ohodnicki(Executive Officer, Director, Promoter)Reed Sturtevant(Director)Carmichael Roberts(Director)

Darcy Solutionsdarcysolutions.cominDec 2019

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)

ElectraMet

Makes it easier to remove heavy metals from industrial wastewater

Enspired Solutionsenspiredsolutions.cominApr 2023

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)inLaurie Parsons(Director)Meng Wang(Executive Officer)

BoardJeff Wesley(Director)in

Co-investorsMichigan Rise

EP Purification

Purifies water with low-cost ozone generation

Go Electricgoelectricinc.comJan 2016

Delivers the most advanced microgrids for maximum energy resiliency

Anderson, US

Lisa Laughner(Executive Officer, Director)in

BoardAndrew Card Jr.(Director)S. Paul Halata(Director)

GreenLancergreenlancer.comin𝕏

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 VenturesStart Garden

Gridstatusgridstatus.io

Co-investorsEnergize Capital

Idle Smartidlesmart.comin

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)in

Co-investorsBeacon AngelsClimate Innovation CapitalKCRise FundService Provider CapitalStout Street CapitalSustainVC+1 more

Igorigor-tech.com

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)

BoardScott Hoekman(Director)inSean McMurray(Director)Jim Fogt(Director)Dustin Thomas(Director)

Co-investorsNext Level VenturesAMD VenturesGeneral CatalystNVIDIATemasekY Combinator

Iris Light Technologiesirislighttech.comin𝕏

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

Kadeyakadeya.comin𝕏

Kadeya operates a closed-loop beverage system that autonomously bottles filtered water and flavored, sparkling, or branded drinks on demand at vending stations, then collects the reusable glass and stainless steel bottles for cleaning and reuse.

Circular EconomyCleantechClimate TechFoodTechHardwareWellness & FitnessChicago, 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

Kemverakemvera.comin

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)in

Lakril Technologies Corporationlakril.comin

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)inJustin Brown(CEO / Director)in

BoardLisa Dufresne(Director)inMel Luetkens(Director)inAndy Shafer(Director)in

Co-investorsService Provider CapitalThe Innovation Space

Living Inklivingink.coin𝕏Feb 2025

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)inJacob Roodman(Chief Operating Officer)in

BoardPeter Bradley(Director)James Sapanski(Director)

Co-investorsSavia Ventures

Lotic Labsloticlabs.comin𝕏

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 Powermarel-power.com

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 Solutionsmitomaterials.comin𝕏Jan 2022

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)inKevin 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

Mobius

Turns one company's trash into another company's treasure through waste management

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-investorsEarth FoundryEmerald Technology Ventures AgEnergy FoundryMaterial ImpactHyde Park Angels

NETenergy

Reduces carbon emissions from commercial building air conditioners by half through thermal storage

Netenergytesnetenergytes.com

NET Energy develops thermal energy storage systems for liquid-cooled data centers, enabling peak shaving, steady-state cooling efficiency, and thermal backup power for high-density AI applications.

CleantechDeep TechEnergyEnterprise SoftwareHardwareIoT

NovoMotonovomoto.net

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)

NuMat Technologiesnumat.tech

Co-investorsTEL Venture Capital, Inc.Aramco Ventures

PowerTech Waterelectramet.com

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)inKeith Jacobs(Executive Officer, Director)inJames Landon(Executive Officer, Director)inANDERS HALLSBY(Director)

BoardChristopher Young(Director)Ginger Rothrock(Director)in

Co-investorsBluegrass Angel VentureCarnrite VenturesHG Ventures

Rebundlerebundle.co𝕏

Rebundle sells hand-made hair bundles produced by artisans in East Africa, with pricing structured by bundle quantity and head coverage needs.

Circular EconomyConsumerDirect to ConsumerNew Materials

Co-investorsChicago Early Growth Ventures (CEGV)PortfoliaRareBreed VenturesM25SKU'D Ventures

Renewance

Ensures every used lithium-ion battery ends up repurposed or recycled

Specter Aerospacespecteraerospace.comin𝕏

Spectera Aerospace develops propulsion and flight systems for the aerospace industry.

Deep TechDefense TechHardwareSpace TechBoston, US

Co-investorsE2MC Venturesfutureland venturesOPAMP CAPITAL

SPLT

Helps employees get a ride to work with their coworkers

Varunavaruna.city

Provides real-time visibility into water distribution systems to ensure access to clean, safe water

Thomas Sulikowski(Founder)in

Co-investorsCorazon CapitalUrban Us

Wattmorewattmore.comin𝕏

WATTMORE develops software for energy storage and solar systems, including platforms for EMS controls, monitoring, and forecasting.

AI & Machine LearningCleantechClimate TechEnergySaaSDenver, US

Jonathan W. Postal(CEO & Founder)in

Co-investorsTechstars

Wellntelwellntel.comin

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 Singer(Executive Officer, Director)inNicholas Hayes(Executive Officer, Director)in

BoardEric Lorenz(Director)

Wright Electricweflywright.comin𝕏

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 companies

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 60 tracked co-investors.

Media · Podcasts & interviews

from their channel

Channel 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

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.

Both backed · 1
$500K – $3M

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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