Fundraising Fox

The Atmospheric Fund

Impact investor

Toronto · Seed–Growth · 14 people tracked

Fox Verdict
Sign up to see your fit

Investment thesis

TAF invests in commercial-ready cleantech companies and projects that reduce carbon emissions, focusing on energy efficient building solutions, clean transportation, and electricity grid modernization. It targets opportunities with large carbon reduction potential (500,000 tonnes over 20 years), proven field-tested and third-party verified technologies, and scalable, catalytic business models that benefit or have relevance in the Greater Toronto and Hamilton Area (GTHA). TAF co-invests with partners to enable larger transactions, uses flexible structures such as quasi-equity and performance contracts, and provides integrated support addressing policy, research, and financing barriers through advocacy, programs, and grants. It expects to make follow-on investments at project or enterprise level.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
Check
$5M
HQ
Toronto, ON, CA
Leads rounds
Follows
Instruments
Equity · Grants
Founded
1991
Last 12 months
1 investment
Tracked investments
28

Team · 14 people

from the firm's website & curated

What they invest in

from 2 of 28 portfolio companies

AI & Machine Learning ×2Cleantech ×1Climate Tech ×1Energy ×1Enterprise Software ×1Marketing Tech ×1

HQs:Canada×1United States×1

Investments · 28 tracked

founders shown can be your intro path
Peak Powerpeakpowerenergy.comin𝕏✓ verified

Peak Power enables energy service companies, solar developers, and energy brokers to offer battery storage solutions to customers through a fully financed energy-storage-as-a-service model.

AI & Machine LearningCleantechClimate TechEnergyOntario, CA

Derek Lim Soo(CEO)

Co-investorsBDC Capital CorporationOsmingtonMaRS Investment Accelerator Fund (IAF)Waterpoint Lane

Actively Managed Long-Term Infrastructure Assets
Algae-Based Pollution Control Solution
Assembly Credit Facility
Canadian Shield Capital

Commercialization of a novel process for recycling end-of-life rare earth magnets for re-use in electric vehicles and wind turbines (Project Uncommon / Noveon Magnetics facility).

Canadian Shield Capital Project Uncommon Lp
Carbon-Neutral Real Estate Projects
ClimateTech Software Solutions
Deep Energy Retrofit
Energy Retrofit
Energy Retrofit Solution
Energy Use Optimization and Storage Company
Healthy And Sustainable Food And Agriculture
High-growth Potential Companies Working in Water
Higher Impact Fixed Income
Impact Focused Private Credit
Kitekite.videoin𝕏Oct 2025

Kite is a screen recording tool that automatically enhances recordings with zooming, 3D animations, and device mockups to create polished product demonstration videos.

AI & Machine LearningEnterprise SoftwareMarketing TechSan Francisco, US

Derek Feehrer(Founder)inTodd Ashley(Founder)in

Co-investorsY CombinatorGeneral CatalystMitsui & CoPayPal Ventures

kite Mobility

Provides electric mobility (EVs, e-bikes, scooters) to multi-unit residential building residents via a proprietary app and Mobility as a Service model.

Middle Market Infrastructure Assets
Mobility as a Service
New Approach to Sustainable Infrastructure
Prefabricated Mass Timber Construction
Renewable Energy Green Bond
Renewable Natural Gas Project
Smart Charging for Multifamily Buildings
Transformative Building Technology Companies
Unfunded Guarantee for Affordable Housing
Zero Emission Fleet Management

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has The Atmospheric Fund made?
The Atmospheric Fund has 27 tracked investments.
What stage does The Atmospheric Fund invest at?
The Atmospheric Fund invests at the Seed, Series A, Series B, Series C, Growth stages.
What is The Atmospheric Fund's typical check size?
The Atmospheric Fund typically writes checks of $5M.
What sectors does The Atmospheric Fund focus on?
The Atmospheric Fund focuses on Circular Economy, Cleantech, Climate Tech, Energy, Impact & Social Good, Mobility & Transportation.
Where is The Atmospheric Fund located?
The Atmospheric Fund is headquartered in Toronto, CA.
Does The Atmospheric Fund lead rounds?
The Atmospheric Fund typically participates in rounds rather than leading them.

Images

The Atmospheric Fund photoThe Atmospheric Fund photoThe Atmospheric Fund photoThe Atmospheric Fund photoThe Atmospheric Fund photoThe Atmospheric Fund photo

Similar investors

Featured in lists