Cambridge based Prime Impact Fund Closes Climate Tech Venture capital Fund, at $50M

Prime Impact Fund, an early-stage venture capital fund focused on breakthrough climate technologies, announced this month its final close with approximately $50 million in capital raised.

Foundations such as The Sierra Club Foundation, The David and Lucile Packard as well as Family offices and corporations have backed Prime Impact Fund to invest and support climate ventures.

The fund has previously invested in these startups:

(click on each startup to get a quick overview)

  • MicroByre:
    MicroByre is building a synthetic biology platform to rapidly domesticate wild-type bacteria, cutting greenhouse gas emissions at the microbial source.
  • Lilac solutions:
    Lilac Solutions is transforming lithium extraction, enabling low-cost and environmentally-friendly lithium to power electric vehicles and energy storage.
  • Via Separatos:
    Via Separations replaces thermally-driven industrial separations with membrane-driven ones, dramatically reducing energy consumption and attendant emissions.
  • C-Motive Technologies:
    C-Motive Technologies is reinventing the electric motor for high torque at low speeds, which could enable bigger wind turbines and ultra-efficient vehicles
  • TREAU:
    Treau is creating new air conditioning systems that are quiet, low-profile, and easy to install while delivering high efficiency and low greenhouse gas emissions.
  • Clean Crop Technologies:
    Clean Crop Technologies is developing cold plasma technology which can degrade the pathogens, toxins, and pests responsible for food waste.
  • Verdox:
    Verdox is capturing carbon directly from air at low concentrations and low cost through a novel electroswing approach.
  • Sublime Systems:
    Sublime Systems is developing technology for the manufacture of cement using intermittent renewable electricity


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