/Investor DB

Third Derivative

Accelerator

Seed–Growth · 30 people tracked

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Investment thesis

Third Derivative aims to accelerate climate innovation through an inclusive, global ecosystem that finds, funds, and scales climate tech startups. It argues that access to funding and resources is unevenly distributed and seeks to give more breakthrough innovators worldwide a chance to participate. By uniting committed investors, large corporates, and market and policy experts with promising climate tech startups, it bridges finance and resource gaps to increase speed to market. Its flexible, highly curated accelerator program is tailored to each startup's needs, with the goal of addressing climate challenges across all major emissions sectors and transforming markets toward a sustainable, prosperous, and equitable climate future.

Source: firm website, verified Oct 2, 2026.

Stage
Seed–Growth
Founded
2020
Last 12 months
2 investments
Portfolio companies
319
Acquisitions
3

Team · 30 people

from the firm's website
Rushad Nanavatty· Managing Directorin
Carie Davis· Partnerships Principalin
Pilar Carvajo Lucena· Investments & Fund Partnerships Principalin
Alexander Hogeveen Rutter· Research Manager
Ali Rotatori· Startup Portfolio Managerin
Amy Yanow Fairbanks· Strategic Communications Managerin
Andrew Hurst· Clean Mobile Power Initiative Associatein
Annie Schonberger· Partnerships & Innovation Senior Associatein
Charithea Charalambous· Research & Diligence Senior Associatein
Cheryl Webster· Programming Senior Associatein
Chetan Krishna· Head of Research & Diligencein
Christi Widmar· Community Engagement Senior Associate
Claude Rosen· Head of Operationsin
David Hynek· Research & Diligence Associatein
Ella Warshauer· Business Development Senior Associatein
Emily Brzozowski· Data & Tools Specialist
Emma Loewen· Special Projects Manager
Guy Wohl· First Gigaton Captured Senior Associatein
Jamie Hankins· Startup Portfolio Managerin
Juan Estalella· Partnerships Managerin
Jubing Ge· Special Projects Senior Associatein
Lindsay Rasmussen· Research & Diligence Managerin
Mackenzie Cool· Industrial Innovation Senior Associatein
Maddy Dinsdale· Startup Portfolio Senior Associatein
Mary Tobin· Startup Portfolio Senior Associatein
Mosi Odom· Executive Assistantin
Raivat Singhania· Research and Diligence Senior Associatein
Roy Torbert· Head of Programsin
Sal Brzozowski· Industrial Innovation Associatein
Stella Liu· Investments & Fund Partnerships Senior Associatein

What they invest in

from 163 of 319 portfolio companies

Cleantech ×131Energy ×85Climate Tech ×81New Materials ×53Deep Tech ×42Hardware ×40Advanced Manufacturing ×22Circular Economy ×19

HQs:United States×72India×10Canada×7Germany×5Singapore×5Australia×4

Who they back

founder profiles across 127 portfolio companies
39%
solo founders
49 of 127 mapped founding teams
16%
repeat founders
of 139 founders with career history
~3 yrs
old at investment
median across 22 dated deals

Founding team size:solo founder×492 founders×373 founders×204+ founders×21

Where their founders studiedfrom 137 founders with education data

University of California, Berkeley ×11Massachusetts Institute of Technology ×9Stanford University ×8Harvard University ×5University of Calgary ×5MIT Sloan School of Management ×4University of Cambridge ×4University of Toronto ×4

What their founders studiedfrom 147 founders with field-of-study data

Engineering ×91Business & Management ×25Chemistry ×14Mathematics & Statistics ×9Physics ×9Computer Science ×8Economics ×8Finance & Accounting ×8

Where their founders worked beforefrom 139 founders with career history

Stanford University ×8Bain & Company ×5IBM ×4Massachusetts Institute of Technology ×4Rice University ×4The University of Texas at Austin ×4University of Delaware ×4Argonne National Laboratory ×3

Accelerator rootsportfolio companies that came through a program

Techstars ×8Entrepreneur First ×3Y Combinator ×2

71 founders hold a PhD · 25 hold an MBA (of 146 with degree data)

Portfolio companies · 319 tracked

alumni founders can tell you what the program is really like

By year:2026 · 22025 · 62024 · 22023 · 22022 · 32021 · 62020 · 12019 · 12018 · 326 dated

44.014401.earthin𝕏

44.01 is a carbon removal company that mineralizes CO₂ by using natural processes to permanently convert captured carbon dioxide into rock.

CleantechClimate TechDeep Tech

Talal Hasan(Founder)inEhab Tasfai(Founder)Karan Khimji(Founder)

Co-investorsAir Liquide Venture Capital (ALIAD)Alumni VenturesBascom VenturesBasecamp FundBreakthrough Energy VenturesClimate Investment+9 more

Accelerate Windacceleratewind.comin

Accelerate Wind develops edge-of-roof wind turbine technology for commercial and industrial customers globally, enabling local energy generation by harnessing wind channeled by building structures.

Advanced ManufacturingCleantechClimate TechEnergyHardwareSt. Louis, US

Erika Boeing(Founder & CEO)inSophie Schaffer(Chief Operating Officer)inCharlie Walch(Chief Financial Officer)in

Co-investorsCreative Destruction Lab (CDL)Halogen Ventures Management Company LlcInnovation DepotTechstarsInvested Development

Ace Green Recyclingacegreenrecycling.comin

ACE Green Recycling operates a battery recycling technology platform that uses electrified, hydrometallurgical processes to recover materials from lead, LFP, NMC and LTO batteries for electronics, automotive and energy storage industries.

Circular EconomyCleantechNew Materials

Vipin T.(Founder)inNishchay Chadha(Founder)Vipin Tyagi(Founder)

Co-investorsCirculate Capital

Active Surfacesactivesurfaces.xyzinMay 2025

Active Surfaces develops flexible, thin-film solar panels using organic and perovskite photovoltaic materials and roll-to-roll manufacturing, aimed at deploying solar in locations where conventional rigid panels are unsuitable.

CleantechDeep TechNew MaterialsWoburn, US

Shivam Bhakta(Executive Officer, Director)Richard Swartwout(CTO & Co-Founder)inShiv Bhakta(CEO & Co-Founder)inShiv Bhakta ☀️(Founder)inJeremiah Mwaura(Chief Manufacturing Scientist)in

BoardVera Schroeder(Director)in

Co-investorsNew Climate VenturesSafar PartnersThe E14 FundType One VenturesSeaX VenturesUmami Capital

Adept Materialsadeptmaterials.comin𝕏

Adept Materials develops advanced materials for building envelopes that improve energy efficiency, durability, and moisture management without sacrificing comfort.

Advanced ManufacturingCleantechConstruction TechDeep TechNew MaterialsSomerville, US

Derek Stein, Ph.D.(Founder & CEO)Derek Stein(Founder / Inventor)

BoardMiguel Galvez(Director)Daniel Cromie(Director)

Co-investorsAnorak VenturesBantam GroupCreative Destruction Lab (CDL)Slater Technology Fund

Aepnusaepnus.comin

Aepnus is developing a sulfate recycling process that regenerates chemicals on-site from sodium sulfate waste, with a planned demonstration-scale plant designed to process over 500 tonnes of sodium sulfate annually.

Circular EconomyCleantechNew Materials

Lukas Hackl(Founder)inBilen Akuzum(Founder)

Co-investorsClean Energy VenturesCollaborative FundISVLowercarbon CapitalNextFab VenturesVoyager Partners+2 more

Aerleumaerleum.comin

Aerleum develops a bifunctional material and reactor process that captures atmospheric CO2 and converts it into synthetic fuels such as e-methanol at targeted fossil price parity.

CleantechClimate TechEnergyNew MaterialsStrasbourg, FR

Steven(Co-founder)Sébastien(Co-founder)Steven Bardey, PhD(Founder)inSebastien Fiedorow(Founder)Steven Bardey(Co-founder)

Co-investorsBpifranceHTGFNorrsken VC360 Capital

Aeromutableaeromutable.comin

Aeromutable develops active flow control technology that dynamically alters the aerodynamic behavior of heavy vehicles to reduce drag, cut fuel consumption, and improve maneuverability and safety.

CleantechHardwareMobility & Transportation

Co-investorsDorm RoomHAXSOSVTrue Wealth VenturesUbiquity Ventures

Airhiveairhive.earthin

Airhive develops low-cost direct air capture (DAC) technology using fluidised beds, a mineral sorbent, and an electric calciner to remove CO2 from ambient air.

CleantechClimate TechDeep Tech

Rory Brown(Founder)in

Co-investorsAP VenturesBrincCollaborative FundEka VenturesIsaiApplied Ventures

Allume Energyallumeenergy.com.auin

Allume Energy makes SolShare, hardware that lets a single rooftop solar system be shared across all apartments and common areas in a multi-unit building, distributing the energy fairly among residents.

CleantechEnergyHardwareMelbourne, AU

Co-investorsMelbourne Accelerator Program (MAP)Victorian Clean Technology FundEarthshot Ventures

allye energyallye.comin𝕏

Allye Energy develops distributed energy storage systems and grid stabilization technology, utilizing repurposed EV batteries to provide affordable, flexible power solutions for businesses and communities.

CleantechEnergyHardwareLondon, GB

Co-investorsAlpha Future Funds

Ammobiaammobia.coin

Ammobia develops a novel ammonia production process that operates at low pressure and low temperature, achieving record-setting conversion rates.

Advanced ManufacturingCleantechEnergySan Francisco, US

Karen Baert(Co-founder & CEO)inTristan Gilbert(Co-founder & CTO)in

Co-investorsChevron Technology VenturesShell VenturesAIR CapitalAlumni VenturesCastor VenturesCollaborative Fund+7 more

Ampd Energyampd.energyin

Ampd Energy builds the Ampd 200, a liquid-cooled battery energy storage system with an LFP battery subsystem and optional integrated solar MPPT controller, designed for demanding industrial applications.

CleantechConstruction TechEnergyHardwareIoTSingapore, SG

Brandon Ng(Co-founder & Chair)inAnthony Stewart(CEO)in

Co-investorsCarbonOpenspace VenturesParticle

Antora Energyantora.comin𝕏

Antora manufactures thermal battery systems for long-duration energy storage, serving manufacturers and data centers seeking to tap into low-cost renewable power.

CleantechClimate TechEnergyEnterprise SoftwareFintechHardwareImpact & Social GoodNew MaterialsSunnyvale, US

Andrew Ponec(Founder)inDavid Bierman(Founder)inJustin Briggs(Founder)inDavid Bierman, Ph.D.(Chief Commercial Officer, co-founder)Justin Briggs, Ph.D.(Chief Operating Officer, co-founder)Alfred Johnson(CEO & Co-Founder)

Co-investorsAndreessen HorowitzBlackRockTemasekAll AboardBreakthrough Energy VenturesCongruent Ventures+25 more

Asset Coolassetcool.comin

AssetCool builds robotic systems, including its Capacity-1 line robots, that apply capacity-enhancing coatings to existing overhead power lines to increase grid capacity without lengthy outages or reconductoring.

CleantechEnergyNew MaterialsRobotics

Jasmin Stewart(Head of People)inWinter Wilson(Head of Marketing)inNiall Coogan(CEO)in

Co-investorsCarbonElewitEnergy Impact PartnersKero Development PartnersMercia VenturesNorthern Gritstone+1 more

Aurora Hydrogenaurorahydrogen.comin

Aurora Hydrogen develops microwave-driven methane pyrolysis technology to produce low-cost clean hydrogen without CO₂ emissions.

CleantechClimate TechDeep TechEnergyNew MaterialsEdmonton, CA

Murray Thomsonin

Co-investorsEnergy Innovation CapitalCreative Destruction Lab (CDL)Chevron Technology VenturesShell Ventures

Avnosavnos.com

Avnos develops Hybrid Direct Air Capture (HDAC) technology that converts data center and industrial waste heat into cooling, clean water, and atmospheric CO₂ removal through a single platform.

CleantechClimate TechEnergyHardwareBridgewater, US

Will Kain(Founder & CEO)in

Co-investorsJetBlue VenturesRusheen Capital PartnersSKY VC

Ayrton Energyayrtonenergy.comin

Ayrton Energy develops a hydrogen storage and transport solution based on a proprietary liquid organic hydrogen carrier (LOHC) and electrochemistry, storing hydrogen as a liquid at ambient conditions so it can be moved using existing fuel infrastructure.

CleantechClimate TechEnergyCalgary, CA

Co-investorsBDC Climate Tech Fund IIClean Energy VenturesCreative Destruction Lab (CDL)Foresight CanadaMaRSMaRS Investment Accelerator Fund (IAF)+6 more

Baniqlbaniql.comin𝕏

BANIQL uses an atmospheric-pressure leaching process to convert nickel ore into battery-grade mixed hydroxide precipitate (MHP), with nickel sulfate and nickel metal in development, avoiding HPAL autoclaves and using far less energy.

CleantechClimate TechDeep TechNew Materials

Eric Januar(Founder)inSeungwan KiminWilly Halim(Founder)inAristotle V.(Founder)in

Co-investors500 GlobalGenesia VenturesBEENEXTA2D VenturesCreative Destruction Lab (CDL)

Banyan Infrastructurebanyaninfrastructure.comin

Banyan Infrastructure provides project finance software for renewable energy infrastructure investment, helping lenders, investors, and operators optimize returns across asset classes and technologies.

EnergyFintechSaaSSan Francisco, US

Amanda Li(Executive Officer, Director)inWilliam Greene(Executive Officer, Director)Robert Greene(Director)

Co-investorsCity LightEnergize CapitalIndustrious VenturesKeiki CapitalNextwave [X] PartnersSE Ventures+4 more

Basi-Gobasi-go.comin𝕏

BasiGo provides electric buses designed for African public transport, along with a pay-as-you-drive leasing model that removes the high upfront cost of ownership and a charging and service network.

CleantechClimate TechMobility & TransportationClaymont, US

Jonathan Green(CFO & Co-Founder)inAbhijit Bhattacharya(Executive Officer, Director)Jit Bhattacharya(CEO & Co-Founder)inMoses Nderitu(Kenya Managing Director)inDoreen Orishaba(Chief Product Officer)in

BoardAkira Wada(Director)

Co-investorsKeiki CapitalMobility 54Moxxie VenturesNimble PartnersTrucks VCAfrica50+4 more

BattGeniebattgenie.lifein𝕏

BattGenie develops software for battery management systems, using physics-based battery models to optimize charging, state-of-charge and state-of-health estimation for lithium-ion and next-generation batteries.

CleantechDeep TechEnergySaaSSeattle, US

Venkat Subramanian(CTO, Chief Scientific Advisor & Co-Founder)inManan Pathak(CEO & Co-Founder)inChintan Pathak(CPO & Co-Founder)inRobert Spotnitz(Director)in

Co-investorsAvesta FundVoLo Earth Ventures

Bedrock Energybedrockenergy.cominJul 2022

Bedrock Energy develops drilling technology and data algorithms for designing and installing geothermal borehole fields used for building heating and cooling.

CleantechClimate TechEnergyLos Angeles, US

Silviu Livescu(Founder)inJoselyn Lai(Founder)inJoel Wishkovsky(Executive Officer, Director)

BoardPaul Straub(Director)in

Co-investorsCantos VenturesDivergent CapitalEnergy Impact PartnersFirst Star VenturesTitanium VenturesToba Capital+5 more

BioEsolbioesol.comin𝕏

BioEsol provides industrial and commercial energy management software and Energy as a Service (EaaS) solutions, optimizing energy consumption and incorporating battery energy storage systems (BESS) for businesses seeking to reduce operational energy costs and carbon emissions.

AI & Machine LearningCleantechEnergyEnterprise SoftwareGuadalajara, MX

Alejandra Alfaro(Founder)in

Co-investorsTechstarsKatapult

Blitzblitz.gg𝕏Mar 2024

Blitz provides real-time performance insights and learning tools to help gamers of any skill level improve their play through automated guidance and meta-aware recommendations.

ConsumerGamingSaaS

Co-investorsCrosscut VenturesADB VenturesAlteria CapitalBANSEABetter CapitalFirst Cheque+3 more

Blixt Groupblixtgroup.comin

Blixt is an investment firm that makes high-conviction investments in small and mid-sized private companies, targeting businesses with €20-100 million in revenue.

Sector Agnostic

Co-investorsBLN CapitalCVX Ventures

Bloom Biorenewablesbloombiorenewables.comin𝕏

Bloom Biorenewables develops bio-based ingredients derived from non-food biomass, including a white lignin biopolymer, a bio-based solvent (DPX), and high-solids microfibrillated cellulose.

Circular EconomyCleantechNew Materials

Florent Héroguel(Founder)in

Co-investorsAnais VenturesBreakthrough Energy VenturesBtomorrow VenturesExtantia Capital

Blue Frontierbluefrontierac.comin𝕏Dec 2023

Blue Frontier manufactures energy-efficient, sustainable air conditioning systems (DOAS units) that reduce electricity consumption and eliminate high-GWP refrigerants.

Advanced ManufacturingCleantechClimate TechHardwareBoca Raton, US

Daniel Betts(Chief Executive Officer, co-founder)inMatthew Graham(Director and VP of Engineering)inGreg Tropsa(EVP Business Development)inMatthew Tilghman(Director and Chief Technology Officer)John Hingley(VP of Operations)in

BoardChristian Hernandez(Director)in

Co-investorsBreakthrough Energy VenturesCarbonFlorida Opportunity FundTech Square VenturesVoLo Earth Ventures

BlueDot Photonicsbluedotphotonics.comin𝕏May 2021

BlueDot Photonics develops light-emitting and light-shifting materials, including a quantum-cutting technology that boosts the energy output of silicon solar panels and phosphors for x-ray imaging and document security.

CleantechEnergyNew MaterialsKirkland, US

Jared Silvia(Executive Officer, Director)inDaniel Kroupa(Director)in

BoardKareem Dabbagh(Director)in

Co-investorsE8 AngelsIdeashipVoLo Earth Ventures

Brimstonebrimstone.cominMar 2022

Brimstone develops co-production processes to manufacture cement, steel, aluminum, and other critical minerals from a single feedstock in an integrated facility.

Advanced ManufacturingCircular EconomyCleantechConstruction TechNew MaterialsOakland, US

Cody Finke(Founder)inHugo Leandri(Founder)in

Co-investorsAccelr8Breakthrough Energy VenturesCollaborative FundCreative Destruction Lab (CDL)DCVC (Data Collective)Fifth Wall+7 more

Brineworksbrineworks.techin𝕏

Brineworks develops an electrochemical Direct Air Capture system that uses electrolyzer technology and renewably powered intermittent operation to capture CO₂ at low cost.

CleantechClimate TechDeep Tech

Joseph Perryman(Founder)inGudfinnur Sveinsson(Founder)

Co-investorsSeaX VenturesAiiM PartnersFirst MomentumNucleus CapitalSatganaHOF Capital+2 more

Cache Energycache-energy.comin

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

Arpit Dwivedi(Founder)in

Co-investorsCantos VenturesEvergreen Climate InnovationsUnshackled VenturesVoyager Partners

CalWavecalwave.energyin𝕏

CalWave develops wave energy converter technology that generates power from ocean waves while withstanding storms and extreme conditions.

CleantechClimate TechEnergyHardware

Nigel Kojimoto(Vice President of Engineering)in

Co-investorsNeotribe Ventures1517

Canvaloopcanvaloop.comin

Canvaloop uses a closed-loop process to convert agricultural waste into textile-grade fibres, aiming to reduce water use and prevent crop-residue burning.

Circular EconomyClimate TechNew Materials

Co-investorsTheia VenturesGVFL Ltd.

Capacitech Energycapacitechenergy.cominMar 2020

Capacitech makes modular C-Link supercapacitor systems that mount on walls, fences, or cable trays and install in days, offering an alternative to cabinet-based power quality equipment.

CleantechEnergyHardwareOrlando, US

Joe Sleppy(Cofounder)inWILLIAM POWERS(Director)RICHARD FOX(Director)RANDALL WOOD(Director)

Co-investorsBeresford VenturesCreative Destruction Lab (CDL)Icebook Investments Corp.New World Angels

Capture6capture6.cominMar 2025

Capture6 develops modular technology that treats salt water and brine to recover freshwater while capturing and storing CO₂, producing byproducts such as freshwater and green chemicals.

CleantechClimate TechDeep TechBerkeley, US

Ethan Cohen-Cole(Executive Officer, Director)inPaula Goldman(Director)inHyoungkun Park(Director)Zeph Landau(Director)Luke Shors(Executive Officer, Director)

Co-investorsCreative HQ — The IncubatorBridge Investment GroupEnergy Capital VenturesTetrad

Carbon Cellcarboncell.coin

Carbon Cell is a team of designers, engineers, and scientists developing sustainable materials aimed at reducing plastic use and carbon emissions.

Circular EconomyCleantechClimate TechDeep TechNew Materials

Elizabeth Lee(CEO)inEden Harrison(COO)inOri Blich(CPO)in

Co-investorsCarbon13Counteract OneCreative Destruction Lab (CDL)Green Angel VenturesInnovate UK Investor PartnershipsOne Planet Capital+2 more

carbon futurecarbonfuture.earthin

Carbonfuture operates a digital platform for the monitoring, reporting, and verification of durable carbon removal, supporting projects from due diligence through third-party verification and certification.

CleantechClimate TechImpact & Social GoodSaaS

Co-investors4impact capitalCarbon Removal PartnersSeed+SpeedÜbermorgen VenturesSustainable Future Ventures

Carbon Negative Solutionscarbonegativesolutions.com

Carbon Negative Solutions develops carbon-negative cement and concrete technology, including carbon mineralization and supplementary cementitious materials (SCMs), for the construction and building-materials sector.

Climate TechConstruction TechNew Materials

Keith Crossland(Founder)inKeith(Chief Executive Officer & Co-Founder)Hongyan Ma(Chief Scientific Officer & Co-Founder)Wenyu Liao(Chief Technology Officer & Co-Founder)

Carbonstrongcarbonstrong.in

CarbonStrong develops a lower-carbon alternative to ordinary cement designed as a drop-in solution requiring no new infrastructure.

CleantechConstruction TechNew MaterialsBengaluru, IN

Co-investorsBharat Founder's FundMomentum Capital

CargoKitecargokite.comin

CargoKite develops wind-powered ships designed for commercial cargo transport to reduce emissions in the maritime shipping industry.

CleantechHardwareLogistics & Supply ChainMunich, DE

Amelie Binder(Founder)Marcus Bischoff(Founder)Max Perschen(Founder)Tim Linnenweber(Founder)

Co-investorsFraunhofer Tech Transfer FundFuture Planet CapitalLowercarbon CapitalSOSV

CASCADE BIOcascadebio.cominAug 2025

Cascade Bio develops enzyme immobilization technology ("Body Armor"), a silica-based coating applied to glass-bead supports that stabilizes enzymes so they last longer and tolerate harsher conditions than other cell-free solutions.

BiotechCleantechClimate TechDeep TechNew MaterialsDenver, US

James Weltz(Executive Officer, Director, Promoter)inAlex Rosay(Co-founder)in

BoardJared Campbell(Director)

Co-investors1Flourish CapitalAmplify.LACool Climate CollectiveEndurance28Range VCSpacecadet Ventures+4 more

Celadyne Technologiesceladynetech.comin𝕏

Celadyne develops thin, durable proton exchange membranes used in fuel cells, electrolyzers, and flow batteries, with hydrogen fuel cells and electrolysis as initial applications.

CleantechEnergyNew MaterialsChicago, US

Gary Ong(Founder & CEO)inCorey Staller(CTO)in

Co-investorsShell VenturesSputnik ATXManiv MobilityDynamo Ventures

Cell Propulsioncellpropulsion.comin𝕏

Cell Propulsion develops full-stack technology for electric and autonomous commercial vehicles, including EV powertrains, energy storage systems, fleet management software, and vehicle autonomy.

CleantechMobility & TransportationRoboticsBengaluru, IN

Nakul Kukar(CEO & Co-Founder)inParas Kaushal(COO & Co-Founder)inSupratim Naskar(Chief Technical Officer)in

Co-investorsBharat Founder's FundIIMA VenturesMerak VenturesRajul Sandeep JhaveriCapital-AEndiya Partners+1 more

Cellacellamineralstorage.comin

Cella accelerates the natural geologic process that turns carbon dioxide into a mineral by injecting captured atmospheric CO2 into volcanic rock, where mineralization permanently stores it underground.

CleantechClimate TechDeep Tech

Co-investorsCollaborative FundCounteract OneCounteract

CERT Systemsco2cert.com

CO2Cert develops processes that convert captured CO2, water, and renewable electricity into drop-in chemicals and fuels.

CleantechClimate TechNew Materials

ChemFinitychemfinitytech.cominMay 2025

ChemFinity Technologies develops highly selective sorbent and membrane materials for molecular separations used in resource recovery, including extracting critical minerals, metals, and water from waste streams.

CleantechDeep TechNew MaterialsBrooklyn, US

Adam Uliana(Co-inventor / Co-founder)inEver Velasquez(Co-inventor / Co-founder)in

Co-investorsAt One VenturesCreative Destruction Lab (CDL)Pace VenturesClimate CapitalWovenEarth

ClimateWellsclimatewells.comin𝕏

ClimateWells develops and implements projects to prevent methane and other harmful gases from entering the atmosphere by plugging abandoned oil and gas wells, removing infrastructure, and restoring land and water resources.

CleantechClimate TechEnergyImpact & Social Good

Reid Calhoon(Co-founder)inCharlie Wohleber(Co-founder)

Co-investorsPeterson VenturesRevolutionUrban Innovation

Climitra Carbon Private Limitedclimitra.comin

Climitra builds a vertically integrated platform that converts India's waste biomass into bio-coal and removes carbon dioxide at scale for industrial decarbonization.

Circular EconomyCleantechClimate TechNew Materials

Aryaman Mihir Seth(Founder)in

Co-investorsMomentum CapitalStartXTheia Ventures

Conry Techconrytech.comin

Conry Tech develops HVAC technologies focused on energy efficiency and sustainability in climate technology.

CleantechClimate TechEnergyHardwareMelbourne, AU

Ron Conry(Founder & CTO)inSam Ringwaldt(Founder & CEO)inBrenda Ringwaldt(Founder & CPO)in

Co-investorsBetter Bite VenturesCreative Destruction Lab (CDL)Impact Ventures Management Pty LtdPacific ChannelBandera Capital

Continuum Agcontinuum.aginMar 2021

Continuum Ag is a soil health data intelligence company that helps farmers measure, organize, and monetize their farm and soil data, including through carbon intensity certification for low-carbon grain premiums.

AgTechClimate TechData & InfrastructureWashington, US

Mitchell Hora(Founder)inBrad McDonald(Executive Officer)in

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

Co-investorsEvergreen Climate InnovationsISA VenturesAg Startup Engine SeedAg Ventures AllianceSVG Ventures | THRIVE

Cscalecscale.io

C.Scale is an AI-enabled, design-integrated life cycle assessment (LCA) platform that lets architecture and engineering firms measure and reduce the embodied carbon of building projects from concept through construction.

AI & Machine LearningClimate TechConstruction Tech

Jack Rusk(Founder)inBrad Jacobson, FAIA(Founder)in

Daanaa Resolution Inc.daanaa.cominDec 2021

Daanaa develops a power transfer unit (PTU) that integrates more than ten power-conversion functions into a single component at the battery-cell level, offered as a programmable battery platform and for vehicle-integrated photovoltaics.

CleantechDeep TechEnergyHardwareMobility & TransportationSemiconductorsVancouver, CA

Udi Daon(Executive Officer, Director, Promoter)

Co-investorsForesight CanadaJuniperTitletownTechType One VenturesVoLo Earth VenturesWUTIF Capital

Darcy Solutionsdarcysolutions.comin

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)

Co-investorsEvergreen Climate InnovationsModerne Ventures

Datakrewdatakrew.comin

Datakrew provides a mobility intelligence platform that uses data, AI, and engineering to support fleet operations.

AI & Machine LearningIoTMobility & Transportation

Sumanta BoseinNaina Gupta(Founder)in

Co-investors500 GlobaliSeedBEENEXTXA Network

Determinant Materialsdeterminantmaterials.comin𝕏

Pensacola, US

Nikhil R. Gupta(Executive Officer, Director)in

Co-investorsResponsibly Ventures

DexMatdexmat.comin𝕏

DexMat produces Galvorn, an advanced carbon material that combines high electrical and thermal conductivity with strength, light weight, flexibility, and recyclability as an alternative to copper and other metals.

Advanced ManufacturingCleantechDeep TechNew MaterialsHouston, US

Matteo Pasquali(Director)inDmitri Tsentalovich(Co-Founder / CTO)inBryan Guido Hassin(CEO & Board Director)inJill Dupre(Executive Officer)inAsena Hertz(Executive Officer)in

BoardKent Lucas(Director)in

Co-investorsCapital FactoryCollaborative FundDraper AssociatesNon Sibi VenturesTailwind FuturesAramco Ventures+2 more

DG Matrixdgmatrix.comin

DG Matrix builds the Interport platform, a multi-port solid-state transformer (SST) system for software-defined power distribution and electrification.

CleantechEnergyHardwareCary, US

Haroon Inam(Executive Officer, Director)in

BoardVlatko Vlatkovic(Director)

Co-investorsat HulaCerberus VenturesClean Energy VenturesInnova Capital Partners, LLCTech Square VenturesThe Engine Ventures

Dimensional Energydimensionalenergy.comin

Dimensional Energy develops catalyst and service technology for producing sustainable fuels, licensed to project partners through a recurring, capital-light licensing model.

CleantechClimate TechEnergyNew MaterialsIthaca, US

Tobias Hanrath(Director)David Erickson(Founder)inJason Salfi(Founder)inClayton Poppe(Executive Officer, Director)

Co-investorsBeni Venture CapitalChloe CapitalDemos Strategic Investing PartnersLaunch NYNew Climate VenturesDSC Investment+5 more

Divigasdivigas.com

Singapore-based industrial gas separation membrane technology.

Advanced ManufacturingEnergySingapore, SG

Andre Lorenceau(CEO)inAli Naderi(CTO)in

Co-investorsEnergy Revolution VenturesEntrepreneur FirstJapan AngelsSOSV

Other

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

3E NanoAdena PowerAdvanced Thermovoltaic SystemsAirformAlithicAllegroAltmobilityAltusAndrosArdentAris HydronicsAtec GlobalAtmosAureus EarthAutomat SolutionsBetteries Amps GmbhBeyond CapturBhumiBinding Solutions LimitedBlitz Electric MobilityCarbon SignalCarbonadeCleanfiberClimatecropCM MaterialsCns IntCo ZCocoon CarbonCoflowCriaterra Innovations LtdCuraDigital HarvestDna EnergyE Trnl EnergyEarthbondEboostEcomedesEcountablEden GeoPowerEh Group EngineeringElectrogenosElementium MaterialsEmbueEnchi CorporationEnergy Integration IncEnline TransmissionEnsoExcess Materials ExchangeFermi EnergyFirefly FusionFlairFlexodes IncFluevaultFlux XiiFsc TechnologiesGenerateGeoAgniGodi India Pvt LtdGree EnergyGreengineGreenlyte Carbon TechnologiesGreenoreGridbridH2 Portable Power CorpH2OnsetHeliosHeliotrope PhotonicsHydgenHymonicIbeam MaterialsIonic LiquidItselectricKelp IslandLayrrLex ProductsLoadexxM2 Thermal SolutionsMembravoMicroEra PowerMiricoMiticoMojo GreenMoxyMycotech Labs

Browse all 319 investments with full details →

▶119 more tracked companies

Myst AiNanoweaveNCXNeochargeNeutreenoNithio HoldingsNOC EnergyNoohraNopo Nanotechnologiesnopo-nanotechOceanOctavia CarbonOctolifeOffgrid Energy LabsOkom Wrks LabsOmc H2OnewattOort EnergyOssus BiorenewablesOtoro EnergyOxylus EnergyP2H2Parthian EnergyPathways TechnologiesPerl StreetPhelasphlairPlanet A EnergyPrescintoPristinzProject VestaPulsenicsPurifire EnergyPwrcorQ Gen-Next Sustainable TechnologyQuanterra SystemsRacenergyRadiant LabsRebase EnergyRebound TechnologiesReclinkerReeddiRefillableRelyion EnergyRenewable MetalsRenewell EnergyRenkubeRepairRepurpose GlobalRewindRewind TurbineRic ElectronicsRizomeRubi LaboratoriesSafearthSaltX TechnologyScanalyticsSeaforestationSeeO2 EnergySensytecSesame SolarSheruShimmer IndustriesSilisiumtechSironix RenewablesSkyvenSolid CarbonSolidecSomaxStill BrightStrawcture EcoSummit NanotechSun MetalonSunFiSunpathSunspanSustaeraSwitchDinSwitched SourceSylvatexSymbiumTekuncorkedTereform, Inc.Terran RoboticsTexpowerTheseus DevelopmentThree Wheels UnitedTorus RoboticsTozeroTransaeraTravertineTraxenTrellisenseTruealgaeTS ConductorTvastaTzoaUcaneoUnbound PotentialUravu LabsUrban Mining IndustriesUtvyakta SolutionsV-GlassVarahaVersogenvia-separationsVolexionVolt14 SolutionsVy CarbWastexWiduzWild MicrobesWindscape AI Inc.XfuelXl BatteriesYamaZethosZinc8 Energy SolutionsZincovery

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Frequently asked questions

How many investments has Third Derivative made?
Third Derivative has 319 tracked investments, 3 of which have exited, including 8 dated in the last 24 months.
What stage does Third Derivative invest at?
Third Derivative invests at the Seed, Series A, Growth stages.
What sectors does Third Derivative focus on?
Third Derivative focuses on Advanced Manufacturing, Cleantech, Climate Tech, Construction Tech, Deep Tech, Energy, Fintech, Hardware, Impact & Social Good, Mobility & Transportation, New Materials.
Who does Third Derivative co-invest with?
Third Derivative most often shares deals with Collaborative Fund, Creative Destruction Lab (CDL), Breakthrough Energy Ventures, among 427 tracked co-investors.

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