Collaborative Fund

Parallel Systems is a company that specializes in designing autonomous, zero-emissions freight transportation systems. Founded in 2020 and based in Los Angeles, California, the company aims to revolutionize freight transport by creating solutions that are fast, cost-effective, and environmentally friendly. By focusing on reducing highway congestion, Parallel Systems seeks to contribute to a more efficient and sustainable transportation infrastructure.

WeaveGrid is a technology company focused on facilitating the integration of electric vehicles (EV) with the power grid. By employing machine learning, optimization, and predictive analytics, WeaveGrid's software addresses the challenges associated with EV-grid integration for utility companies. This innovative solution not only enhances the incorporation of renewable energy resources but also aims to reduce costs for utility customers. The company's efforts support the broader goals of decarbonization in the transportation and power sectors, enabling utilities to safely and economically adapt to the growing demand for electric vehicles.

Acceleron Fusion specializes in clean energy solutions, harnessing fusion technology to power cities, charge electric vehicles, and fuel rockets. Its innovative platform employs muon-catalyzed fusion to generate abundant, clean energy, aiming to address the engineering challenges of integrating fusion power into the grid and serving various industries.

Verne is a cleantech startup founded in 2020 and based in Berkeley, California, specializing in high-density hydrogen storage systems tailored for heavy transport applications. The company develops innovative solutions that allow vehicle operators to maintain existing operations while meeting zero-emission targets. Verne's hydrogen storage systems are designed to provide double the density of traditional compressed gas, facilitating efficient refueling at both liquid and gaseous hydrogen stations. This technology enables trucks to achieve a range and payload comparable to diesel vehicles, effectively minimizing the cost of hydrogen delivery from producers to end consumers.

Zitara Technologies is a San Francisco-based company founded in 2019 that specializes in predictive battery management software tailored for electric fleets. The company develops both cloud-based and embedded solutions that deliver comprehensive battery analytics, including simulation, planning, and real-time operational insights. By focusing on enterprises with large battery deployments, Zitara's platform enhances safety and extends the longevity of battery systems, making it a valuable resource for grid-scale and residential energy storage applications.

Zoomo is a company specializing in electric bikes aimed at enhancing the efficiency of gig workers in the food delivery industry. It offers a diverse range of light electric vehicles, including e-Bikes, e-Mopeds, and e-Cargo options. Zoomo's bikes are equipped with features such as electronic locks, GPS tracking, built-in alarm systems, integrated lights, fast charging capabilities, rear racks, and suspension systems. These attributes make them suitable for various delivery applications, including parcel, mail, and grocery deliveries. The company is focused on expanding its offerings to cater to individual consumers, promoting accessible and sustainable micro-mobility solutions for the on-demand delivery sector.

Olympian Motors is an electric vehicle startup headquartered in New York that focuses on revolutionizing the automotive manufacturing process. Utilizing a proprietary modular system, Olympian significantly reduces tooling and labor costs by over 80% and accelerates production lead times by approximately 60%, shortening the design-to-production period from more than four years to just six months. The company currently operates manufacturing facilities in Brooklyn and Detroit with an annual production capacity of 320 vehicles, aiming to scale this capacity to 20,000 vehicles by 2025. Olympian’s electric vehicles emphasize aesthetics, nature, and minimalism, distancing themselves from the conventional car experience characterized by standardized designs. Their vehicles are primarily constructed from steel, wood, and post-industrial recycled materials, avoiding plastics and harmful chemicals. Additionally, the Olympian Operating System enhances the user experience with a minimalistic and intuitive cockpit design. The company is currently awaiting traffic approval from regulatory authorities for its electric vehicles.

Moment Energy focuses on developing sustainable battery energy storage systems that repurpose retired electric vehicle batteries. By utilizing these repurposed batteries, the company aims to enhance energy reliability for both on-grid and off-grid applications. Its solutions are designed to provide clean, reliable, and cost-effective energy storage, catering to the needs of off-grid areas and addressing peak demand in on-grid regions. Moment Energy's innovative approach allows industrial and off-grid customers to access affordable energy storage, thereby promoting the use of renewable energy sources.

Amogy is a pioneering company focused on developing carbon-free energy solutions for hard-to-abate sectors such as maritime transport, power generation, and heavy industries. The company's core technology involves patented ammonia cracking, which efficiently splits liquid ammonia to produce electrical power in conjunction with hydrogen fuel cells, enabling zero-emission operations at competitive costs.

Socar Inc. is a car sharing company based in Jeju-si, South Korea, specializing in eco-friendly vehicle rental services. Founded in March 2012, Socar enables users to book cars for personal use through its website and smartphone applications. The platform facilitates a community-driven approach, allowing travelers to share vehicles with others on similar routes. With over 1.7 million registered users, the service sees approximately 80,000 transactions each month, translating to a car booking every 30 seconds. Socar's innovative model has positioned it as a leading player in the Korean car sharing market.