Third Sphere

Founded in 2013, Third Sphere is a venture capital firm based in Brooklyn, New York. It focuses on investing in early-stage climate action companies, with a track record of over 100 portfolio companies that unlock greenhouse gas reductions and resilience through innovative strategies.

Shaun Abrahamson

Managing Partner

Stonly Baptiste Blue

Managing Partner

Shilpi Kumar

Partner

Past deals in CleanTech

FireDome

Pre Seed Round in 2024
FireDome's revolutionary wildfire defense system takes a two-tiered strategy. First, a mechanical launcher quickly deploys a protective barrier to impede the direct route of advancing wildfires. Second, the system actively detects and promptly extinguishes spot fires created by airborne embers that bypass the primary barrier.

Nevoya

Seed Round in 2024
Nevoya is a logistics company specializing in zero-emission freight transport. It provides electric truckload carrier services, combining a fleet of electric trucks, skilled drivers, and optimization technology. This enables businesses to reduce their carbon footprint and potentially lower operational costs, while maintaining consistent and transparent freight movement.

Plentify

Venture Round in 2024
Plentify develops smart energy technology that connects home appliances with cheaper, cleaner energy through an intelligent residential load management platform. The system matches household demand with clean energy supply, delivering substantial cost savings and helping to reduce reliance on battery storage. By integrating advanced hardware, artificial intelligence, data science, and user-centric design, Plentify creates smart home products that simplify energy management and support electricity systems. The company targets households, energy providers, and municipalities, enabling them to lower risk and bulk electricity costs while improving grid reliability and the share of clean energy in the power mix.

Loamist

Pre Seed Round in 2024
Loamist is a climate technology startup that operates a pioneering platform connecting suppliers of bio-waste streams with cleantech startups. The platform vets, specifies, and tests bio-waste resources, facilitating access for startups to develop innovative climate change mitigation systems and drive growth, thereby contributing to global decarbonization efforts.

wasted*

Seed Round in 2023
Wasted* is a Vermont-based company founded in 2020 that specializes in transforming human waste into effective, safe, and sustainable fertilizers. Through its innovative circular sanitation technology, Wasted* separates urine from feces, preserving the nutrients contained in both while eliminating the need for chemical additives. This process not only enhances the value of human waste but also promotes a circular sanitation economy, effectively connecting individuals to their local environment. By enabling clients to convert waste into a sustainable resource, Wasted* addresses waste treatment and disposal challenges while contributing to environmental sustainability.

Earth Force Technologies

Seed Round in 2022
Earth Force Technologies develops a platform for managing vegetation in forests and plantations. Their system uses precision GPS, field sensors, remote-controlled machines, fire monitoring, and spot-fire suppression to help clients protect and manage forest vegetation effectively.

Renewell Energy

Seed Round in 2022
Renewell Energy develops gravity-based, renewable energy storage that repurposes idle oil and gas wells. The technology converts inactive wells into a low-cost, flexible storage network by lowering a weight down a repurposed wellbore to push electricity onto the grid when demand is high and raising it back up when demand is low, effectively storing energy as gravitational potential. The approach targets zero-self-discharge storage and aims to abate greenhouse gas emissions by utilizing existing oil and gas infrastructure to create a scalable energy storage solution. The company is based in Bakersfield, California.

Photon Marine

Pre Seed Round in 2022
Founded in 2021, Photon Marine is dedicated to preserving waterways and oceans by promoting the adoption of electric marine propulsion technology. Based in Portland, Oregon, the company develops commercial marine electric propulsion systems that reduce emissions and operational inefficiencies in workboat fleets.

Covetool

Series B in 2021
At cove.tool, we deliver expert architectural and sustainability consulting powered by trusted technology and expert insights. Our simulation engine and proprietary AI streamline code compliance and decarbonization, helping your projects move forward to achieve exceptional outcomes while meeting sustainability goals.

Urbio

Pre Seed Round in 2021
Urbio is a software company that specializes in enhancing the energy transition by providing innovative tools for designing efficient energy infrastructure and technologies in building heating, cooling, and electrification. By integrating human expertise with artificial intelligence, Urbio streamlines traditional processes that typically rely on manual trial-and-error, resulting in improved outcomes achieved in significantly less time. The company focuses on increasing the efficiency of buildings, which are a major contributor to carbon emissions, thereby contributing to efforts against climate change. Its advanced data modeling capabilities support professional planners in creating more sustainable urban environments while optimizing time and costs associated with energy management.

SHYFT Power Solutions

Seed Round in 2021
SHYFT Power Solutions develops an integrated hardware and software platform to monitor, manage, and control distributed energy resources from mobile and cloud interfaces. Its core offering, the SHYFT system, combines a hybrid smart meter and transfer switch to enable IoT-driven energy management that automatically transitions between the grid and backup sources. The company provides software that allows users to monitor, meter, and control power sources across sites, supporting residential, commercial, and industrial deployments. SHYFT focuses on industrial IoT and the orchestration of distributed energy resources to improve energy efficiency, resilience, and cost savings, with initiatives to expand decentralized power systems in markets with unreliable infrastructure.

Urbio

Seed Round in 2021
Urbio is a software company that specializes in enhancing the energy transition by providing innovative tools for designing efficient energy infrastructure and technologies in building heating, cooling, and electrification. By integrating human expertise with artificial intelligence, Urbio streamlines traditional processes that typically rely on manual trial-and-error, resulting in improved outcomes achieved in significantly less time. The company focuses on increasing the efficiency of buildings, which are a major contributor to carbon emissions, thereby contributing to efforts against climate change. Its advanced data modeling capabilities support professional planners in creating more sustainable urban environments while optimizing time and costs associated with energy management.

TestCompany

Seed Round in 2020
TestCompany is focused on enhancing the management of urban sewer systems through the application of artificial intelligence. By leveraging deep learning techniques, cloud computing, and data analysis, the company addresses the challenges posed by urbanization. Its innovative approach aims to promote sustainability and resilience within communities, ensuring that urban drainage systems are more efficient and effective in handling the increasing demands of growing populations. Through the integration of advanced technologies, TestCompany seeks to improve infrastructure management and support the long-term viability of urban environments.

Chewie Labs

Pre Seed Round in 2020
Chewie Labs creates solutions that combine user-centered design and technology to reduce waste.

Varuna

Venture Round in 2020
Founded in 2018, Varuna specializes in water utility management. Its platform collects, analyzes, and displays relevant data, enabling real-time water quality monitoring using advanced sensors, predictive analysis via machine learning, resource planning, and automated report generation.

SHYFT Power Solutions

Seed Round in 2020
SHYFT Power Solutions develops an integrated hardware and software platform to monitor, manage, and control distributed energy resources from mobile and cloud interfaces. Its core offering, the SHYFT system, combines a hybrid smart meter and transfer switch to enable IoT-driven energy management that automatically transitions between the grid and backup sources. The company provides software that allows users to monitor, meter, and control power sources across sites, supporting residential, commercial, and industrial deployments. SHYFT focuses on industrial IoT and the orchestration of distributed energy resources to improve energy efficiency, resilience, and cost savings, with initiatives to expand decentralized power systems in markets with unreliable infrastructure.

Adiona

Pre Seed Round in 2020
Founded in Sydney, Australia in 2017, Adiona develops AI-powered SaaS solutions for logistics, supply chain, and mobile workforce optimization. Its platform optimizes delivery routes and schedules for medium to large fleets, reducing operational costs and environmental impacts.

GlacierGrid

Pre Seed Round in 2020
GlacierGrid is a company specializing in energy management solutions. It employs IoT technology for real-time energy usage optimization, helping businesses balance savings, efficiency, and sustainability while reducing their carbon footprint.

Metalmark Innovations

Pre Seed Round in 2020
Metalmark Innovations, Inc. focuses on developing and delivering advanced 3D nanostructured coatings designed to treat airborne pollutants and toxins, enhancing indoor air quality. The company offers its innovative materials as additive coatings for various applications, including building materials and vehicle interiors, effectively addressing pollutants such as hydrocarbons, carbon monoxide, ozone, PM2.5, volatile organic compounds, odors, and germs. Its air cleaning technology employs catalytic materials that filter air with nanoscale precision, contributing to solutions for air pollution and climate change challenges. Founded in 2017 and headquartered in Boston, Massachusetts, Metalmark Innovations was previously known as Aircrew Technologies, Inc. before rebranding in January 2019.

Circuit

Seed Round in 2019
Circuit is a software company that specializes in providing micro-transit services through an application that utilizes all-electric vehicles. Founded in 2011 and headquartered in West Palm Beach, Florida, Circuit offers a turn-key solution for on-demand transportation. Users can easily book rides through the app, which connects them with efficient drivers, ensuring a responsible and convenient shuttle service. The company's focus on electric vehicles aligns with sustainable transportation goals, promoting eco-friendly travel options for its customers.

Food For All

Convertible Note in 2019
Food For All Technologies, Inc. is a company based in Cambridge, Massachusetts, that operates an application designed to connect users with unsold food from local restaurants and cafes. Founded in 2016, the company aims to reduce food waste while making quality meals more affordable for consumers. Through its platform, restaurants can sell their leftover meals at discounted prices at the end of the business day, allowing them to minimize waste and provide a sustainable food option. Food For All originated from a collaboration with the Harvard T.H. Chan School of Public Health and received backing from a significant number of supporters through a successful Kickstarter campaign. The company has expanded its reach beyond the United States, with additional locations worldwide.

Varuna

Convertible Note in 2019
Founded in 2018, Varuna specializes in water utility management. Its platform collects, analyzes, and displays relevant data, enabling real-time water quality monitoring using advanced sensors, predictive analysis via machine learning, resource planning, and automated report generation.

Borrow

Seed Round in 2019
Borrow, launched in August 2017, is a company that specializes in short-term car leasing services for electric vehicles. It offers customers the ability to subscribe to pre-owned electric vehicles through three, six, or nine-month renewable subscriptions. This service is particularly beneficial for individuals relocating for work or school, those seeking an affordable alternative to ride-sharing, and anyone who prefers not to commit to a traditional long-term automotive lease. Borrow's platform simplifies the process of acquiring, owning, and maintaining electric vehicles by eliminating the need for dealership visits, large down payments, and handling insurance and DMV services. The company provides a range of electric vehicle models to cater to various lifestyles and financial needs, along with additional concierge services and partner deals.

Perl Street

Seed Round in 2019
Perl Street provides a fintech platform for distributed energy resources such as rooftop solar, energy storage, electric vehicle chargers, and heat pumps across residential, commercial, and industrial buildings. It enables asset investors and managers to bundle and aggregate DERs, originate bankable portfolios, and manage more assets with higher margins. The platform uses AI agents and modern data architecture to consolidate and normalize DER assets into scalable portfolios, supporting performance and compliance. It also offers a deal-structuring capability to help hardware companies raise capital for ongoing and sustainable expansion, delivering investor transparency, automated onboarding for startups, verified unit economics, and the ability to simulate deal terms. The platform currently supports over 1 gigawatt of DER assets across more than 1,100 assets.

Gradient

Pre Seed Round in 2019
Gradient’s mission is to cool the world by transforming every home to be more comfortable and healthy for the people who inhabit it — without compromising the environment. Today, heating and cooling equipment emits more greenhouse gas emissions than the entire transportation sector, and expansion in the use of cooling is projected to double these emissions in the next 30 years. However, comfortable buildings are critical for health and productivity, especially among communities that are vulnerable to the effects of climate change. Gradient’s vision is a future where everyone has access to comfortable buildings that are fully decarbonized. Our launch product is a direct-to-consumer high-efficiency and low-carbon heat pump.

Borrow

Seed Round in 2019
Borrow, launched in August 2017, is a company that specializes in short-term car leasing services for electric vehicles. It offers customers the ability to subscribe to pre-owned electric vehicles through three, six, or nine-month renewable subscriptions. This service is particularly beneficial for individuals relocating for work or school, those seeking an affordable alternative to ride-sharing, and anyone who prefers not to commit to a traditional long-term automotive lease. Borrow's platform simplifies the process of acquiring, owning, and maintaining electric vehicles by eliminating the need for dealership visits, large down payments, and handling insurance and DMV services. The company provides a range of electric vehicle models to cater to various lifestyles and financial needs, along with additional concierge services and partner deals.

Covetool

Seed Round in 2018
At cove.tool, we deliver expert architectural and sustainability consulting powered by trusted technology and expert insights. Our simulation engine and proprietary AI streamline code compliance and decarbonization, helping your projects move forward to achieve exceptional outcomes while meeting sustainability goals.

GreenQ

Convertible Note in 2018
Founded in 2015, GreenQ specializes in waste management technology. It manufactures electronic sensors for Internet of Things (IoT) devices installed on garbage trucks, enabling smart loading, grappling, lifting, and underground container filling monitoring. The company also develops software to analyze data received from its products. Based in Jerusalem, Israel with an office in Santa Monica, California, GreenQ serves municipalities, collection vendors, and system integrators by optimizing waste collection processes, reducing expenses, and lowering emissions.

Borrow

Seed Round in 2018
Borrow, launched in August 2017, is a company that specializes in short-term car leasing services for electric vehicles. It offers customers the ability to subscribe to pre-owned electric vehicles through three, six, or nine-month renewable subscriptions. This service is particularly beneficial for individuals relocating for work or school, those seeking an affordable alternative to ride-sharing, and anyone who prefers not to commit to a traditional long-term automotive lease. Borrow's platform simplifies the process of acquiring, owning, and maintaining electric vehicles by eliminating the need for dealership visits, large down payments, and handling insurance and DMV services. The company provides a range of electric vehicle models to cater to various lifestyles and financial needs, along with additional concierge services and partner deals.

Gradient

Convertible Note in 2018
Gradient’s mission is to cool the world by transforming every home to be more comfortable and healthy for the people who inhabit it — without compromising the environment. Today, heating and cooling equipment emits more greenhouse gas emissions than the entire transportation sector, and expansion in the use of cooling is projected to double these emissions in the next 30 years. However, comfortable buildings are critical for health and productivity, especially among communities that are vulnerable to the effects of climate change. Gradient’s vision is a future where everyone has access to comfortable buildings that are fully decarbonized. Our launch product is a direct-to-consumer high-efficiency and low-carbon heat pump.

Qucit

Venture Round in 2018
Qucit, formerly Quantified Cities, is a technology company that employs data-driven methods and artificial intelligence to enhance urban services' efficiency. Founded on the premise of growing urban populations necessitating smarter city management, Qucit develops a logistics optimization platform for shared mobility systems. This platform automates vehicle fleet deployment and rebalancing, optimizes operating costs, and models human behaviors using diverse urban data. By doing so, Qucit helps companies and institutions streamline shared mobility services, contributing to more livable and sustainable cities.

Blueprint Power

Series A in 2018
Blueprint Power is a New York-based technology company that develops machine-learning tools to automate the management, aggregation, orchestration, and market transactions of energy assets across commercial buildings. The platform enables buildings to function as distributed power plants by optimizing energy use and monetizing capacity through participation in wholesale energy markets. By applying data analytics, it helps regional groups of real estate owners monetize existing energy assets and generate additional revenue streams, improving the financial sustainability of their portfolios as the energy system evolves toward greater use of distributed resources. Founded in 2017, the company supports the monetization and efficient operation of building-scale energy assets.

Sapient Industries

Seed Round in 2018
Sapient Industries, Inc. specializes in Automated Energy Management Systems (AEMS) that leverage machine learning to optimize energy consumption in residential and commercial buildings. Founded in 2017 and based in Philadelphia, Pennsylvania, the company offers a comprehensive suite of tools including a control dashboard and smart outlets. The control dashboard equips facilities managers with insights and automation capabilities, while smart outlets monitor real-time power consumption and device types of plugged-in equipment. By collecting data on energy usage, Sapient Industries' systems can identify unused equipment, automate energy-efficient practices, and ultimately reduce energy waste and costs. The company's innovative approach not only enhances operational efficiency but also contributes to improved safety and reduced environmental impact.

Kiwibot

Pre Seed Round in 2018
Kiwibot develops autonomous sidewalk delivery robots designed for on-demand deliveries, including food, to operate in urban environments. The robots are designed to function completely autonomously with high efficiency and precision, enabling faster and potentially more hygienic deliveries at affordable prices. The company aims to build a sustainable robotic delivery infrastructure that can navigate closed and complex urban settings, offering dependable service for businesses and exploring applications such as advertising, mapping, and inspection.

Blueprint Power

Seed Round in 2017
Blueprint Power is a New York-based technology company that develops machine-learning tools to automate the management, aggregation, orchestration, and market transactions of energy assets across commercial buildings. The platform enables buildings to function as distributed power plants by optimizing energy use and monetizing capacity through participation in wholesale energy markets. By applying data analytics, it helps regional groups of real estate owners monetize existing energy assets and generate additional revenue streams, improving the financial sustainability of their portfolios as the energy system evolves toward greater use of distributed resources. Founded in 2017, the company supports the monetization and efficient operation of building-scale energy assets.

Swell Energy

Convertible Note in 2017
Swell Energy, established in 2014 and headquartered in Santa Monica, California, specializes in energy storage solutions for residential and commercial customers in Southern California. The company offers smart and lithium-ion home batteries, as well as solar home batteries, and provides comprehensive services including design, permitting, installation, and maintenance. Swell Energy's signature product, EnergyShield, combines solar panels and compact lithium-ion home batteries to supply backup power and act as a buffer between homes and the power grid. The company also facilitates the adoption of clean energy technologies through financing and educational resources, and partners with local solar and storage companies for seamless installations. Additionally, Swell Energy delivers virtual power plant networks and grid-balancing services to utilities, contributing to a more resilient and sustainable distributed energy system.

Upshift

Seed Round in 2017
Upshift is a mobility company offering car subscriptions and autonomous vehicle-as-a-service for urban users, primarily in the San Francisco Bay Area. It provides an identical vehicle on demand, delivered and operated by a remote driver, enabling predictable access without traditional ownership. The service targets low-mileage urban drivers for personal and business use, with all-inclusive, usage-based plans starting around $299 per month for four days of use. The company aims to simplify travel by combining delivery, remote operation, maintenance, insurance, and data-sharing features from a single platform, and is headquartered in Oakland, California.

Qucit

Venture Round in 2017
Qucit, formerly Quantified Cities, is a technology company that employs data-driven methods and artificial intelligence to enhance urban services' efficiency. Founded on the premise of growing urban populations necessitating smarter city management, Qucit develops a logistics optimization platform for shared mobility systems. This platform automates vehicle fleet deployment and rebalancing, optimizes operating costs, and models human behaviors using diverse urban data. By doing so, Qucit helps companies and institutions streamline shared mobility services, contributing to more livable and sustainable cities.

Wright Electric

Convertible Note in 2017
Wright Electric Inc. is a manufacturer of commercial electric airplanes, focusing on reducing costs and emissions in the aviation industry. Founded in 2016 and headquartered in Los Angeles, California, the company utilizes unique propulsion technology to create aircraft that eliminate emissions without relying on offsets. This innovation aims to make zero-emissions flight as economically viable as traditional fossil-fueled aviation, marking a significant step towards the electrification of the aerospace sector and fostering a sustainable future for air travel.

GlacierGrid

Seed Round in 2017
GlacierGrid is a company specializing in energy management solutions. It employs IoT technology for real-time energy usage optimization, helping businesses balance savings, efficiency, and sustainability while reducing their carbon footprint.

ecomo

Seed Round in 2016
Ecomo Inc. specializes in the design and manufacture of innovative smart water bottles that utilize advanced sensing technology to test, analyze, and purify water. Founded in 2016 and headquartered in Sunnyvale, California, the company addresses the critical issue of water contamination by providing a portable and affordable device capable of detecting various water quality parameters, such as Total Organic Carbon, turbidity, Total Dissolved Solids, heavy metals, and bacteria. Ecomo's product is designed for both indoor and outdoor use, making it suitable for activities like hiking and camping, as well as for everyday use in kitchens and offices. The smart water bottle features a button-less design with readings accessible via a smartphone app, and it is powered by a solar panel for convenience during outdoor activities. Additionally, the device is extendable, allowing for filter and detector add-ons to enhance its functionality.

BlocPower

Pre Seed Round in 2016
BlocPower designs and implements energy efficiency and electrification upgrades for urban buildings, including schools, churches, small businesses, non-profits, and homes. Through proprietary software, machine learning, and IoT-enabled monitoring, it analyzes facilities to identify cost-effective retrofits, combines financing and project management, and delivers scalable deployment that reduces energy waste and utility bills while enhancing indoor air quality and comfort.

Rachio

Series A in 2015
Rachio is a Denver-based company that develops intelligent sprinkler controllers and related hardware and software to improve home water efficiency. Its offerings include WiFi-enabled controllers and the Iro device for remote watering and automated scheduling based on weather data, soil characteristics, sun exposure, and water budgets. The company provides cloud-based software and a mobile app that enable users to manage sprinkler systems from anywhere, helping conserve water and reduce irrigation costs.

Future Motion

Series A in 2015
Future Motion, Inc. is a company based in Santa Cruz, California, that specializes in designing and manufacturing electric skateboards. Founded in 2013, Future Motion has established itself as an innovative player in the boardsports industry, focusing on the development of vehicles that combine aesthetic appeal with advanced functionality. Its flagship products, Onewheel and Onewheel+, reflect the company's commitment to creating devices that serve both recreational and transportation purposes. Future Motion markets and sells its electric skateboards primarily through online channels.

BlocPower

Pre Seed Round in 2014
BlocPower designs and implements energy efficiency and electrification upgrades for urban buildings, including schools, churches, small businesses, non-profits, and homes. Through proprietary software, machine learning, and IoT-enabled monitoring, it analyzes facilities to identify cost-effective retrofits, combines financing and project management, and delivers scalable deployment that reduces energy waste and utility bills while enhancing indoor air quality and comfort.

Future Motion

Seed Round in 2014
Future Motion, Inc. is a company based in Santa Cruz, California, that specializes in designing and manufacturing electric skateboards. Founded in 2013, Future Motion has established itself as an innovative player in the boardsports industry, focusing on the development of vehicles that combine aesthetic appeal with advanced functionality. Its flagship products, Onewheel and Onewheel+, reflect the company's commitment to creating devices that serve both recreational and transportation purposes. Future Motion markets and sells its electric skateboards primarily through online channels.

Rachio

Convertible Note in 2014
Rachio is a Denver-based company that develops intelligent sprinkler controllers and related hardware and software to improve home water efficiency. Its offerings include WiFi-enabled controllers and the Iro device for remote watering and automated scheduling based on weather data, soil characteristics, sun exposure, and water budgets. The company provides cloud-based software and a mobile app that enable users to manage sprinkler systems from anywhere, helping conserve water and reduce irrigation costs.

Rachio

Convertible Note in 2013
Rachio is a Denver-based company that develops intelligent sprinkler controllers and related hardware and software to improve home water efficiency. Its offerings include WiFi-enabled controllers and the Iro device for remote watering and automated scheduling based on weather data, soil characteristics, sun exposure, and water budgets. The company provides cloud-based software and a mobile app that enable users to manage sprinkler systems from anywhere, helping conserve water and reduce irrigation costs.
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