Azolla Ventures, founded in 2021 and based in Cambridge, Massachusetts, is an early-stage investment firm focused on climate innovations that aim to mitigate the impacts of catastrophic climate change. The firm prioritizes investments that promise significant greenhouse gas reductions and contribute to a more equitable climate future. By seeking out bold entrepreneurs and exploring opportunities beyond traditional venture capital frameworks, Azolla Ventures is committed to driving meaningful change in the climate sector.
BioLumic develops light signals that activate plant growth and unlock the natural genetic potential of crops. The company's photogenics platform leverages innovation in plant science, light technology and genetic insights. Demonstrated results include higher yield, improved vigor, increased disease and pest resistance, and improvements in crops composition. These results have been across a variety of seeds and seedling: soybean, cannabis and vegetable and fruit crops. It is a clean technology that does not require the use of chemicals or amendments. BioLumic is a private company and was founded in 2013.
Carbon Reform
Seed Round in 2025
Carbon Reform is a climate-tech startup that offers a modular carbon capture and pollution-control device to reduce CO2 levels in the atmosphere. Carbon Reform combines climate and indoor health technology to produce decentralized, permanent carbon capture, energy savings, and occupant-healthy indoor air. Carbon Reform implements a multi-phase approach to determine what's in the air, and how they can work with the existing infrastructure to make it better.
Muon Vision
Seed Round in 2025
Muon Vision specializes in enhancing the efficiency, sustainability, and safety of mineral processing and industrial operations through advanced subsurface visualization technology. The company has developed a sophisticated x-ray visualization and digitalization sensor that employs nuclear imaging techniques to assess the bulk density of geophysical assets. This technology enables the detection of issues within large material masses and monitors fluid migration in pore spaces over time. By providing geologists and mining companies with insights into the composition and distribution of materials, Muon Vision facilitates improved decision-making and operational effectiveness in various industrial processes, including leaching heaps and mine tailings dams.
Oxylus Energy
Seed Round in 2024
Oxylus Energy focuses on innovative carbon utilization technology aimed at producing sustainable e-fuels from captured carbon dioxide. By employing a proprietary electrochemical process, the company converts CO2 into methanol, a clean-burning and versatile fuel. This approach not only provides a valuable waste product transformation but also supports the industrial sector in reducing dependence on fossil fuels, contributing to significant carbon reductions. Oxylus Energy is committed to making carbon capture and conversion competitive, scalable, and sustainable, ultimately promoting a decarbonized future.
Muon Vision
Pre Seed Round in 2023
Muon Vision specializes in enhancing the efficiency, sustainability, and safety of mineral processing and industrial operations through advanced subsurface visualization technology. The company has developed a sophisticated x-ray visualization and digitalization sensor that employs nuclear imaging techniques to assess the bulk density of geophysical assets. This technology enables the detection of issues within large material masses and monitors fluid migration in pore spaces over time. By providing geologists and mining companies with insights into the composition and distribution of materials, Muon Vision facilitates improved decision-making and operational effectiveness in various industrial processes, including leaching heaps and mine tailings dams.
Funga
Venture Round in 2023
Funga is a company founded in 2021 and based in Austin, Texas, that focuses on leveraging the forest fungal microbiome to enhance forestry outcomes and combat climate change. It develops forest fungal networks by integrating advanced DNA sequencing and machine learning technologies with innovative research on the forest microbiome. Funga aims to place native, biodiverse communities of mycorrhizal fungi in optimal locations, which enables clients to achieve higher quality wood production, increased carbon sequestration, and the development of more resilient forests.
Carbon Reform
Seed Round in 2022
Carbon Reform is a climate-tech startup that offers a modular carbon capture and pollution-control device to reduce CO2 levels in the atmosphere. Carbon Reform combines climate and indoor health technology to produce decentralized, permanent carbon capture, energy savings, and occupant-healthy indoor air. Carbon Reform implements a multi-phase approach to determine what's in the air, and how they can work with the existing infrastructure to make it better.
SiTration
Pre Seed Round in 2022
SiTration improves ultra-durable filtration membranes intended for efficient separations in the harshest environments. Brendan Smith established the company in Cambridge, Massachusetts in 2020.
Heaten
Series A in 2022
Heaten is an industrial start-up focused on accelerating the electrification of heat to support deep decarbonization across various industries. With eight years of research and development, Heaten specializes in heat-to-power and power-to-heat technologies, particularly through its innovative piston compressor heat pumps. These systems are designed for industrial-scale applications and can achieve process temperatures of up to 400 degrees Celsius, addressing approximately 30% of the energy demand for industrial heating processes. The company's technology platform not only enhances efficiency but also aims to provide sustainable and reliable heating solutions. Heaten has successfully completed the full cycle of R&D, prototyping, and engineering, delivering 200kW heat pumps and industrial equipment to clients. As Heaten seeks to scale its platform, it remains committed to advancing its research and development efforts to meet industry requirements and maintain a competitive edge in the medium-temperature process heat market.
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