Clean Energy Ventures

Capping off an amazing year, we’re thrilled to celebrate two of our stellar team members in their new roles as Investment Partner and Senior Community Manager. Congrats to Yi Jean Chow and Victoria Martins! Integral to our firm’s mission and long-term goals, Victoria and Yi Jean have played a huge role in building a vibrant community for our team and growing our footprint within the climate tech ecosystem. As we continue to support groundbreaking technologies for the climate sector, we’re grateful to have their leadership. More on how Victoria and Yi Jean are supporting our team in the comments 👇

Congrats to Electrified Thermal Solutions (ETS) on raising $19M in preparation for commercial-scale demonstrations of their fire brick technology to meet demand for 24/7 decarbonized thermal energy. We’ve had the pleasure of working with Daniel Stack and Joey Kabel early on and are continuing to support ETS’s growth as a returning investor for this round. Heavy industries, like cement and steel, need round-the-clock heat to meet manufacturing needs (currently served by natural gas). ETS’s renewable solution uses off-peak, low-cost renewable electricity to meet heat demand – eliminating the need to rely on fossil fuels for thermal energy. Great piece from TechCrunch’s Tim De Chant on how ETS’ firebricks are redefining how we produce heat:  https://lnkd.in/eGgxSWyT

While your AC unit might be cooling your home, it’s simultaneously heating up the atmosphere. Luckily, Transaera, Inc. is revitalizing a century-old technology to address the cooling industry’s hefty 4% of global emissions – enabling 3.2 gigatons of cumulative emissions reductions by 2050. CEV Principal Matthew Cohen dives into what made Transaera rise above other emerging cooling companies, including how their: 🏡 Cooling approach enables economical building electrification, providing a 40% reduction in HVAC energy consumption  🌍 Geographical and climate-agnostic solution enables cost savings to make the lowest cost option for year-round heating and cooling  ⚡️ Combination of energy efficiency and low-cost materials provides a simple, scalable, and compatible technology for the HVAC industry More on how Transaera is revolutionizing HVAC technology:  https://lnkd.in/ej_RaDjF

Catch CEV Managing Partner David Miller at the youngStartup Ventures New England Venture Summit, where he will be one of the voices weighing in on the challenges and opportunities facing the venture capital sector. Check out the agenda for what’s in store at the Summit: https://lnkd.in/e6fzAerH

Taking the stage at MaRS Discovery District’s Climate Impact Conference: CEV Investment Partner Peter Sopher joined portfolio company Ayrton Energy CEO Natasha Kostenuk, P.Eng to unpack why investors are eyeing Canada as an emerging cleantech hub for innovation. More on why Ayrton – one of Cleantech Group’s startups to watch – and its novel approach to hydrogen storage caught our attention: https://lnkd.in/gcSD27Ny

Congratulations to our CEO, Apoorv, for being recognized as a Forbes 30 under 30 All-Star Alumni for Energy & Greentech! The recognition comes at a pivotal moment in Carbon Upcycling's history as we continue to scale to our first-of-a-kind commercial system. Looking back at the past five years, we are grateful to have grown alongside our partners to democratize low-carbon cement production. Our team of 7 to now 43 has scaled our technology over 20x and enabled more than 3,000 tonnes of enhanced low-carbon cement products to be deployed in foundations, roads and pathways across North America. As we look to the next five years and the end of the decade, we look with urgency. Our team is driven by our north star of reducing 4 million tonnes of CO2 by 2030 - a goal we plan to achieve with our incredible partners by transforming CO2 and industrial solid waste into tomorrow's enhanced low-carbon materials. 

Three of CEV’s powerhouse portfolio CEOs have been honored on lists highlighting innovative climatetech leaders for their critical work in accelerating the energy transition. Congrats to Lithios CEO Mohammad A. Alkhadra and Carbon Upcycling Technologies Apoorv Sinha on being named to the Forbes 30 Under 30 list, and to Nth Cycle CEO Megan O'Connor for ranking among the industry’s most impactful leaders on TIME’s Climate 100 list. Check out how Mo, Apoorv, and Megan are paving the way for America’s booming metals supply in the comments👇

Eight percent of today’s global electricity usage is spent on generating the power to run cooling equipment for refrigerated warehouses, diesel fuel for “reefer” trucks and more. Luckily, companies like Rebound Technologies Inc. are developing refrigeration technologies that can reduce carbon dioxide emissions of cooling facilities by 80% in most markets in the US – ultimately serving as an anchor for a low-carbon food industry. More from Boston Globe Media on how Rebound is a key player in decarbonizing the global cooling industry: https://lnkd.in/genZPAhP

🎉 We're excited to officially welcome our newest Investment Principal Dr Charlotte Kirk, who is joining our Europe team in London. As a founding member of Fortescue Energy’s VC fund, Charlotte has led investments into renewable energy solutions for industrial transformation and is a widely-recognized specialist in many sectors CEV is betting big on -- from renewable hydrogen, ammonia, clean fuels, and more. “The breadth and depth of Charlotte’s technical and commercial expertise, coupled with her strong network of collaborators across the global energy and climate tech ecosystem, will help supercharge CEV’s investments across all corners of the globe,” said CEV Co-Founder and Managing Partner Daniel Goldman. More on how Charlotte will help expand CEV's efforts in Europe to support the region's burgeoning climate tech ecosystem: https://lnkd.in/gZFKAXZ2

📢 Calling all graduate students looking to break into impact investing! 📢 We’re returning as a host fund for the Impact Capital Managers 2025 Mosaic Fellowship program, which offers graduate students the opportunity to gain hands-on experience at private capital impact funds while engaging in:  - Deal sourcing & due diligence - Impact measurement & management - Fundraising & more Apply by December 2: https://lnkd.in/ddznFECN fellowship