Third Derivative — Full Portfolio

Ocean Protocol is a decentralized data and AI project built around the $OCEAN token, which ecosystem teams can integrate into products for uses such as staking, governance, payments, NFTs, and DeFi.

AI & Machine LearningCrypto & Web3Data & InfrastructureSingapore

Franz MJ Pfister(Director)TMTrent McConaghy(Director)inBruce Pon(Chief Executive Officer and Director)inDaryl Arnold(Director)

Co-investorsBLBlockchain CoinvestorsBLBlockwallBRBR CapitalCOCogitent VenturesELElliptiENEnigma Fund+9 more

Octavia Carbon develops solutions to address climate change, with a team focused on sustainability initiatives.

CleantechClimate TechDeep Tech

Co-investorsCOCollaborative FundE4E4E AfricaLALateral CapitalLALaunch Africa VenturesRERenew Capital

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

PBPerry Bakas(Chief Executive Officer | Co-Founder)inHMHarrison Meyer(Cofounder)inCRConor Rooney(Chief Technology Officer | Co-Founder)in

Co-investorsAZAzolla VenturesCOConnecticut InnovationsEAEarth FoundryTOToyota VenturesENEnergy FoundryGEGE Ventures

Perl Street provides financial infrastructure and software for renewable energy investors and developers to manage capital deployment, compliance, and operations related to clean energy projects, particularly those funded through the Greenhouse Gas Reduction Fund.

B2B MarketplacesCleantechClimate TechFintechSaaSAustin, US

TATooraj Arvajeh(Founder)inAVArvind Vermani(Founder)in

Co-investorsCOCollaborative FundFJFJ LabsFOFourth RealmGAGarage CapitalIMImpact Ventures Management Pty LtdKEKeiki Capital+8 more

Indian AI-based asset performance management SaaS provider for solar, wind and storage assets, acquired by IBM in 2024.

Co-investorsAUAurum Venture PartnersDHDholakia VenturesHYHyderabad AngelsPEPegasus India Evolving Opportunities FundMUMumbai AngelsVEVenture Catalysts

Rebound Tech develops adaptive cooling infrastructure for industrial facilities dealing with high cooling demand, peak energy charges, and humidity control.

CleantechEnergyHardwareCommerce City, US

RGRussell Goldfarbmuren(Executive Officer, Director)inRussell Muren(Executive Officer, Director)KDKevin Davis(Executive Officer, Director)in

BoardMatthew Coleman(Director)JFJohn Fox(Director)inWilliam Temple Withers Fennell(Director)

Co-investorsAUAutodesk FoundationCLClean Energy VentureCLClean Energy VenturesE8E8 AngelsISiSelect FundSKSkyview Ventures+1 more

Renewable Metals develops an alkali-based recycling process that recovers lithium, nickel, cobalt, and other critical minerals from end-of-life lithium batteries for reuse in new battery manufacturing.

Circular EconomyCleantechEnergyWestern Australia, AU

MUMark Urbani(CTO, Founder, Director)inGJGary Johnson(Founder, Director)

Co-investorsVIVirescent VenturesCLClimate Tech PartnersIMImpact Ventures Management Pty LtdINInvestible Climate Tech FundLILightbankNSNSW Clean Technology Innovation Grants+1 more

RMI works to unlock private capital and investment needed for the global energy transition by strengthening financial systems, enabling supportive policy, and creating demand for clean energy technologies and low-carbon materials.

CleantechClimate TechEnergyImpact & Social GoodBoulder, US

ALAmory Lovins(Cofounder)

Co-investorsAUAutodesk FoundationBLBlue Haven InitiativeBOBoulder Ventures

SeeO₂ Energy develops reversible solid oxide cell platforms for industrial decarbonization and energy generation.

CleantechDeep TechEnergyCalgary, CA

Co-investorsTETechstars

Solid Carbon develops carbon-based building materials for use in concrete and construction to reduce embodied carbon in infrastructure.

CleantechClimate TechConstruction TechNew Materials

JMJohn Mead(Founder & CEO)in

Co-investorsPOPortland Seed FundGOGovernment of Canada

Solidec builds autonomous electrolyzer-based generators that use air, water, and electricity to produce essential chemicals on site and on demand, removing supply-chain, delivery, and storage burdens.

Advanced ManufacturingCleantechClimate TechNew Materials

Ryan(Co-founder & CEO)inYang(Co-founder & CTO)inHaotian(Co-founder & Chief Scientist)in

Co-investorsCOCollaborative FundE8E8 AngelsECEcho River CapitalNENew Climate VenturesNENew York AngelsVEVectors Angel+4 more

Still Bright develops hydrometallurgical copper extraction technology that replaces traditional smelting, aiming to recover copper and other critical metals more efficiently and with less pollution.

CleantechClimate TechNew MaterialsNew Jersey, US

RARandy Allen(CEO, Co-founder)inJVJon Vardner(CTO, Co-founder)inSBScott Banta(Co-Founder)AWAlan West(Chief Science Officer, Co-founder)

Co-investorsAZAzolla VenturesBRBreakthrough Energy VenturesCOCollaborative FundMAMaterial ImpactSOSOSV

Summit Nanotech develops an integrated Direct Lithium Extraction (DLE) platform called denaLi, combining a proprietary multi-column system, its eLivate sorbent, and predictive multi-physics modeling to extract lithium from brine with low water use and high recovery.

CleantechEnergyNew MaterialsCalgary

AHAmanda Hall(Director, Executive Officer)inJoe Arencibia(Executive Officer, Director)inVivian Farris(Executive Officer)inJeremy Patt(Executive Officer)inCCCheri Corbett(Director)inJoseph Lowry(Director)

Co-investorsFOForesightLGLG Technology VenturesRBRBCxXOXoraCACapricorn Investment GroupEVEvok Innovations+3 more

Sun Metalon develops sustainable metal manufacturing processes to reduce the environmental impact of metal production.

Advanced ManufacturingCircular EconomyCleantechNew MaterialsWood Dale, US

KNKazuhiko Nishioka(CEO Co-Founder)inKTKei Takizawa(Co-Founder, President at Sun Metalon Japan)in

BoardTNTatsuya Nakamura(Director)inNSNoriaki Sakamoto(Director)

Co-investorsGLGlobal BrainGLGlobis Capital PartnersI-i-nest capitalISISVJIJIC Venture Growth InvestmentsSCScrum Ventures+5 more

Switched Source develops medium voltage power electronics devices, such as its Tie Controller and Phase-EQ products, that automate dynamic re-balancing of load across phases and distribution circuits for electric distribution utilities.

CleantechEnergyEnterprise SoftwareHardwareChicago, US

LNLane Nelson(Cofounder)inCHARLES MURRAY(Executive Officer)in

Co-investorsCACapital InnovatorsCUCubit Capital

Terran Robotics builds AI-driven terraforming robots that construct residential and commercial buildings from earthen materials at a fraction of conventional construction costs.

Construction TechHardwarePropTechRoboticsBloomington, US

Zach Dwiel(Co-Founder, CEO & Chief Engineer)Danny Weddle(Co-Founder & Chief Design Officer)

Co-investorsDEDeep FutureRORolling Fun GPSOSOSVUNUnruly Capital

Three Wheels United provides financing and mobility solutions for three-wheelers, serving commercial transportation operators in India.

CleantechClimate TechFintechMobility & TransportationBengaluru, IN

CCedrick(Co-Founder & CEO)inMPMudit Paliwal(Founder & CEO Delta Corp)inCTCedrick Tandong(Co-Founder & CEO Three Wheels United)inPullak Gupta(COO)in

Co-investorsADADB VenturesMUMulago FoundationTETechstarsM1M12 (Microsoft's Venture Fund)

ToZero Solutions develops a proprietary process to recover critical raw materials like lithium and graphite from end-of-life lithium-ion batteries for reintroduction into the supply chain.

Circular EconomyCleantechEnergy

Co-investorsATAtlanticGLGlobal BrainHOHonda Innovations Silicon ValleyNONordicNinjaPOPossible VenturesVEVerve Ventures+2 more

TS Conductor makes AECC (Aluminum Encapsulated Carbon Core), an advanced overhead transmission conductor that increases line capacity while reducing structural upgrades and capital expenditure for electric utilities.

CleantechEnergyNew MaterialsHuntington Beach, US

JHJason Huang(Director, Executive Officer)inCMChris Martin(Executive Officer)inRulong Chen(Director, Executive Officer)Lian de Castro(Executive Officer)

BoardBrian Mayers(Director)inMDMichael DeLucia(Director)in

Co-investorsBRBreakthrough Energy VenturesENEnergy & Environment InvestmentWEWellington ManagementNANational Grid Partners

Unbound Potential develops flow batteries for long-duration energy storage, eliminating traditional membranes to enable simpler, more cost-effective manufacturing.

CleantechEnergyHardwareThalwil, CH

Federico Paratore(Founder)in

Co-investorsKVKvantedFOFounderfulSPSpinLab

Uravu develops water extraction technology using proprietary liquid salts to harvest moisture from air, serving water-stressed regions with scalable on-site and industrial solutions.

Advanced ManufacturingCleantechClimate TechDeep TechHardwareBangalore, IN

Co-investorsAMAmritam HoldingsANAnicut CapitalECEcho River CapitalJIJITO Angel NetworkPEPeaceful ProgressRORocketship.vc+1 more

Via Separations makes industrial membrane filtration systems that cut the energy used in thermal separation processes.

Cambridge, US

BKBrent Keller(Executive Officer, Director)inSDShreya Dave(Executive Officer, Director)in

BoardKRKatie Rae(Director)inACArunas Chesonis(Director)in

Co-investorsATATEL VenturesAZAzolla VenturesCACapTableCLClimate InvestmentEMEmbark VenturesPRPrime Impact Fund+3 more

Volt14 Solutions develops silicon-majority anode materials that replace conventional graphite anodes in lithium-ion battery cells, aiming to increase energy density and lower cost while remaining compatible with existing cell manufacturing infrastructure.

Advanced ManufacturingCleantechDeep TechEnergyNew MaterialsSaaSSingapore, SG

AJAnimesh Jhar(Cofounder)inAdam Haldar(Cofounder)inAJAnimesh JhainArindam Haldar

Co-investors50500 GlobalBEBeyond Next VenturesCOCocoon CapitalENEntrepreneur FirstSUSupermorpheusBLBlume Ventures

Wild Microbes uses synthetic biology to engineer microbes sourced from diverse wild biomes into production hosts for biomanufacturing high-performance ingredients.

BiotechDeep TechNew Materials

TWTimothy Wannier(Founder)in

Co-investorsAGAgronomicsCOCoalitionCOCollaborative FundFRFREEFLOWJUJuniperSISiddhi Capital+1 more

Windscape develops AI-based software solutions that use onboard turbine and external data to improve the operational efficiency, smoothness, and predictability of wind farms.

AI & Machine LearningCleantechEnergy

Jason Yosinski(Cofounder / CEO)inEric Thompson(Cofounder / CCO)

Co-investorsIDIdeaship

XL Batteries develops organic flow batteries for long-duration, grid-scale energy storage, aimed at improving grid resiliency and supporting decarbonization.

CleantechEnergyHardwareMarlborough, US

TSThomas Sisto(Executive Officer, Director)inSaif Qazi(Director)inCNColin Nuckolls(Director)

BoardJeffrey Schwarz(Director)Jeffrey Smith(Director)

Co-investorsSISIP Global Partners