How many investments has Ulupono Initiative made?

Ulupono Initiative has 6 tracked investments.

What stage does Ulupono Initiative invest at?

Ulupono Initiative invests at the Seed, Series A stages.

What is Ulupono Initiative's typical check size?

Ulupono Initiative typically writes checks of $1M – $3M.

Where is Ulupono Initiative located?

Ulupono Initiative is headquartered in Honolulu, US.

Ulupono Initiative

Impact investor

Honolulu · Seed–Series A · 4 people tracked

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Investment thesis

Ulupono Initiative concentrates on strengthening Hawaiʻi's sustainability and resilience given the state's geographic isolation. It invests in and supports local efforts across four focus areas: renewable energy to reduce costs and emissions, clean transportation to cut fossil fuel dependence and greenhouse gases, local food production to reduce reliance on imported food and improve food security, and freshwater stewardship to protect finite island water resources. The organization backs projects and programs that advance a more self-sufficient island community equipped for 21st-century challenges.

Invests inAgTech Cleantech Climate Tech Energy FoodTech Impact & Social Good Mobility & Transportation United States

Source: firm website, verified Aug 3, 2026.

Stage

Seed–Series A

Check

$1M – $3M

Honolulu, Hawaii, US

Instruments

Equity · Grants

Founded

2009

Tracked investments

Team · 4 people

from the firm's website & public directories

Greg Gaug· Interim President (effective Jan. 1, 2026); previously Vice President of Investments and Analytics· Hawai‘i

Greg Gaug joined Ulupono Initiative in 2012 and most recently served as vice president of investments and analytics before being named interim president effective January 1, 2026, succeeding Murray Clay. As part of the management team, he contributed to the organization's overall strategy and planning and worked on projects related to community solar and clean transportation in Hawai‘i. He holds a bachelor's degree in economics from Vanderbilt University and an MBA from INSEAD in Singapore.

g•••@ulupono.comreveal

Kathleen Rooney· Vice President, Transportation Policy and Programs

Promoted from director to vice president of transportation policy and programs at Ulupono Initiative.

Micah Munekata· Vice President, Government Affairs

Promoted from director to vice president of government affairs at Ulupono Initiative.

Sunshine Topping· Chair, Board of Directors

Serves as chair of Ulupono Initiative's board of directors and voiced support for the leadership transition to Greg Gaug.

What they invest in

from 1 of 6 portfolio companies

AgTech ×1Cleantech ×1Impact & Social Good ×1

HQs:United States×1

Investments · 6 tracked

founders shown can be your intro path

DA BUX Double Up Food Bucksin

Ulupono Initiative is a Hawaiʻi-based impact investment organization that funds and supports local efforts in renewable energy, clean transportation, local food production, and freshwater management.

AgTechCleantechImpact & Social Good

Farm Link Hawaii

Local food production initiative in Hawaiʻi.

Local Food Coalition

Local food production coalition in Hawaiʻi.

MAO Organic Farms

Local organic farming operation in Hawaiʻi.

Wai Maoli: Fresh Water Initiative

Freshwater stewardship initiative for Hawaiʻi.

WAI: Wastewater Alternatives and Innovations

Wastewater alternatives and innovations initiative in Hawaiʻi.

Frequently asked questions

How many investments has Ulupono Initiative made?: Ulupono Initiative has 6 tracked investments.
What stage does Ulupono Initiative invest at?: Ulupono Initiative invests at the Seed, Series A stages.
What is Ulupono Initiative's typical check size?: Ulupono Initiative typically writes checks of $1M – $3M.
What sectors does Ulupono Initiative focus on?: Ulupono Initiative focuses on AgTech, Cleantech, Climate Tech, Energy, FoodTech, Impact & Social Good, Mobility & Transportation.
Where is Ulupono Initiative located?: Ulupono Initiative is headquartered in Honolulu, US.

Media · Podcasts & interviews

from their channel

How Can We Make Routes Safer for Kids Walking, Biking & Rolling to School? 🚸🚲🌈

Ulupono Initiative

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