Elemental Impact

Fervo Energy, founded in 2017 and based in San Francisco, California, specializes in the development and commercialization of next-generation geothermal power technology. The company focuses on owning, developing, and operating geothermal assets to generate clean, carbon-free energy in new locations. By leveraging innovations in geoscience, Fervo Energy aims to accelerate the transition to a sustainable energy future, positioning itself as a key player in the evolution of the electric grid. Its proprietary technology serves as a dispatchable foundation for achieving a fully clean energy system, enabling clients to enhance productivity and scalability in energy production.

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.

Fervo Energy, founded in 2017 and based in San Francisco, California, specializes in the development and commercialization of next-generation geothermal power technology. The company focuses on owning, developing, and operating geothermal assets to generate clean, carbon-free energy in new locations. By leveraging innovations in geoscience, Fervo Energy aims to accelerate the transition to a sustainable energy future, positioning itself as a key player in the evolution of the electric grid. Its proprietary technology serves as a dispatchable foundation for achieving a fully clean energy system, enabling clients to enhance productivity and scalability in energy production.

ZeroAvia, Inc. is a company focused on developing zero-emission aircraft and hydrogen-electric propulsion systems aimed at transforming short-haul commercial aviation. Established in 2017 and headquartered in Hollister, California, with an additional office in Cranfield, United Kingdom, ZeroAvia is dedicated to eliminating aviation emissions while maintaining operational efficiency. The company's innovative powertrain utilizes a hydrogen fuel-cell system, allowing for retrofitting of existing aircraft and facilitating the adoption of sustainable aviation practices. By emphasizing scalable technologies, ZeroAvia seeks to partner with various stakeholders in the aviation industry to provide cleaner, more efficient flight options, thereby reducing costs and carbon dioxide emissions associated with air travel.

ZeroAvia, Inc. is a company focused on developing zero-emission aircraft and hydrogen-electric propulsion systems aimed at transforming short-haul commercial aviation. Established in 2017 and headquartered in Hollister, California, with an additional office in Cranfield, United Kingdom, ZeroAvia is dedicated to eliminating aviation emissions while maintaining operational efficiency. The company's innovative powertrain utilizes a hydrogen fuel-cell system, allowing for retrofitting of existing aircraft and facilitating the adoption of sustainable aviation practices. By emphasizing scalable technologies, ZeroAvia seeks to partner with various stakeholders in the aviation industry to provide cleaner, more efficient flight options, thereby reducing costs and carbon dioxide emissions associated with air travel.

Xos Trucks Inc. is an electric mobility company specializing in the development of electric commercial vehicle fleets and battery-electric vehicle platforms. Founded in 2016 and based in North Hollywood, California, Xos focuses on medium- and heavy-duty vehicles designed for last-mile delivery routes, typically under 200 miles per day. The company aims to assist commercial fleets in transitioning from diesel to zero-emission electric vehicles, offering similar performance with lower operating costs. Xos Trucks also designs electrified armored vehicles and delivers its products to markets in Texas and Illinois, with plans to expand to Michigan and New Jersey. Leveraging proprietary technologies, Xos provides fleets with vehicles that are not only environmentally friendly but also more efficient and easier to maintain compared to traditional internal combustion engine vehicles.

Xos Trucks Inc. is an electric mobility company specializing in the development of electric commercial vehicle fleets and battery-electric vehicle platforms. Founded in 2016 and based in North Hollywood, California, Xos focuses on medium- and heavy-duty vehicles designed for last-mile delivery routes, typically under 200 miles per day. The company aims to assist commercial fleets in transitioning from diesel to zero-emission electric vehicles, offering similar performance with lower operating costs. Xos Trucks also designs electrified armored vehicles and delivers its products to markets in Texas and Illinois, with plans to expand to Michigan and New Jersey. Leveraging proprietary technologies, Xos provides fleets with vehicles that are not only environmentally friendly but also more efficient and easier to maintain compared to traditional internal combustion engine vehicles.

Leap is a marketplace for Distributed Energy Resources to participate in the energy market. It allows every connected device to help balance the grid, and get paid for it and access wholesale markets through a single API and help build the flexible, renewable grid of the future. Leap aims to make global energy markets accessible to anyone, starting with demand response and expanding into generation and ancillary services. Leap was founded by Thomas Folker and Remco Van Den Elzen.

Span.IO designs and develops innovative residential energy storage solutions aimed at facilitating the adoption of renewable energy. The company's flagship product includes a smart electrical panel that replaces traditional panels, providing an intuitive interface for managing home energy use. This system allows users to monitor and control energy consumption remotely through a dedicated application, enhancing the overall consumer experience. Span.IO's team, composed of experts in energy, software, hardware, and consumer finance, leverages their collective knowledge in power generation and system integration to create products that promote environmental sustainability and energy efficiency. Through its technology, Span.IO aims to transform the energy sector by making home energy management more accessible and automated.

Blue Planet Energy Systems, LLC, founded in 2015 and based in Honolulu, Hawaii, specializes in developing pre-packaged energy storage solutions for residential and commercial solar photovoltaic systems. The company aims to enhance energy independence for its customers by promoting renewable energy adoption through its scalable energy platform, Blue Ion. This platform integrates advanced battery technology, noted for its exceptional safety and longevity, with sophisticated software controls, enabling the creation of smart and flexible microgrids. Blue Planet Energy has established a strong presence in off-grid and grid-edge markets throughout North America, highlighted by its involvement in significant projects such as supplying energy resilience systems for the American Red Cross in Puerto Rico, which includes over 6MW of solar power and 11 MWh of energy storage across 110 microgrids.

Nnergix is a technology company specializing in data analytics for the renewable energy sector. It collects and integrates weather and energy data from diverse sources, feeding it into proprietary machine learning algorithms. The company's primary offerings are forecasting solutions, delivered via a web-based platform, which help energy industry players optimize operations and reduce costs by providing accurate, data-driven insights into weather conditions and their impact on energy assets.

Shifted Energy, Inc. specializes in software solutions and controllers that enhance electric water heaters, transforming them into valuable demand response resources. Founded in 2014 and based in Honolulu, Hawaii, the company offers products like Grid Maestro, a virtual power plant for electric water heaters, and Tempo, a retrofit controller. These solutions allow utilities to stabilize the electricity grid while facilitating the integration of renewable energy sources. The technology enables electric water heaters to consume excess renewable energy, optimizing hot water availability through advanced algorithms. Additionally, Shifted Energy's offerings include features such as leak detection, maintenance alerts, and automatic powerdown for unoccupied units, thereby providing fast demand response and additional value for users. The company's platform also supports other devices like pool pumps and EV charging stations, promoting cost-effective deployment and improving the overall user experience.

eMotorWerks is a developer of electric charging technologies, best known for its JuiceNet platform, which organizes networks of electric vehicle (EV) charging stations into Virtual Power Plants. This innovative system provides demand flexibility services to utilities and grid operators. The company aims to control the entire EV charging load through its driver engagement tools and a recurring revenue business model. With over 8,000 proprietary charging stations in operation and access to more than 50,000 partner stations, eMotorWerks stands as the largest aggregator of EV charging load. Its JuiceBox charger features advanced algorithms that enable significantly faster charging without the need for costly installations, allowing consumers to manage their charging schedules, costs, and renewable energy usage. eMotorWerks has established contracts with major California utilities to deliver energy services from its extensive charging capacity.

Whisker Labs specializes in developing innovative sensor technology aimed at protecting families and homes from electrical fires. Its primary product, Ting, utilizes advanced electromagnetic and atmospheric sensors combined with artificial intelligence to detect electrical faults both within homes and across the electrical grid. The device is a simple DIY sensor that plugs into a wall outlet, allowing for intelligent detection and mitigation of potential fire hazards, which has been shown to prevent four out of five home electrical fires. This technology not only reduces fire losses and saves lives but also contributes to the resiliency of the U.S. electrical grid. With a rapidly expanding network, Ting currently protects over 750,000 homes, adding approximately 50,000 new homes each month. Whisker Labs continues to play a crucial role in enhancing home safety and grid reliability through its cutting-edge solutions.

In2lytics LLC is a data analytics company that specializes in developing software solutions for data-intensive planning and forecasting in the electric grid sector globally. Established in 2016 and based in Honolulu, Hawaii, In2lytics offers a comprehensive software platform that integrates various data sources, including SCADA, AMI, and renewable energy datasets, to deliver valuable insights into grid operations. The platform facilitates data ingestion, pre-processing, indexing, visualization, and real-time querying, empowering utility companies to enhance system availability while minimizing operational costs. Through its innovative approach, In2lytics enables clients to make informed, data-driven decisions, ultimately improving their planning and operational capabilities.

Opus One Solutions is a software engineering firm focused on creating innovative solutions for energy management through its flagship product, GridOS®. This real-time operating system is designed to enhance the smart grid by integrating various energy resources, such as generation, storage, and demand, with critical information sources like sensors and analytics. GridOS® utilizes advanced algorithms for online analytics, providing utilities with improved situational awareness, control, and optimization of their systems. The software facilitates the management of a grid-of-microgrids and incorporates transactive energy functionality, which allows for the calculation of locational marginal values of distributed energy resources. By leveraging dynamic topology processing, Opus One Solutions enables clients to optimize energy planning, operations, and market management, ultimately fostering the development of intelligently connected and sustainable energy networks.

Varentec, Inc. specializes in developing power electronics equipment aimed at optimizing power delivery for the electric grid. Founded in 2002 and based in Santa Clara, California, the company offers a range of products, including grid optimization tools and a web-based software platform for controlling field devices and visualizing data. These solutions are designed to enhance energy savings and reduce voltage volatility, contributing to a more resilient and affordable electrical distribution system. Varentec's innovations are supported by notable investors and collaborations with organizations such as the Department of Energy, reflecting its commitment to transforming power delivery infrastructure through advanced technology.

ConnectDER LLC is a solar technology company based in Philadelphia, Pennsylvania, specializing in solutions that facilitate the connection of distributed energy resources, particularly solar photovoltaic systems, to residential homes and the grid. The company designs and manufactures innovative meter collars that serve as a connection point between residential electric meters and meter sockets, effectively transforming these sockets into a grid-friendly platform for solar energy, battery storage, and electric vehicle charging. Additionally, ConnectDER offers ConnectDER Cloud, a system that allows fleet operators to access metering and operational data, manage firmware, and oversee the commissioning and decommissioning of ConnectDER units. Founded in 2011 and rebranded in 2015, ConnectDER aims to simplify the integration of renewable energy technologies, benefiting both users and the broader energy grid.

Shifted Energy, Inc. specializes in software solutions and controllers that enhance electric water heaters, transforming them into valuable demand response resources. Founded in 2014 and based in Honolulu, Hawaii, the company offers products like Grid Maestro, a virtual power plant for electric water heaters, and Tempo, a retrofit controller. These solutions allow utilities to stabilize the electricity grid while facilitating the integration of renewable energy sources. The technology enables electric water heaters to consume excess renewable energy, optimizing hot water availability through advanced algorithms. Additionally, Shifted Energy's offerings include features such as leak detection, maintenance alerts, and automatic powerdown for unoccupied units, thereby providing fast demand response and additional value for users. The company's platform also supports other devices like pool pumps and EV charging stations, promoting cost-effective deployment and improving the overall user experience.

FreeWire Technologies, Inc. is a manufacturer of mobile electric vehicle (EV) chargers, focused on providing innovative charging solutions that enhance the accessibility of EV charging infrastructure. Established in 2014 and based in San Leandro, California, the company produces several models, including the Mobi Charger v0, v1, and v2, which cater to varying charging needs and capabilities. FreeWire’s flagship product, the Boost Charger, integrates battery technology with power conversion systems, allowing for high-power charging without the need for extensive grid upgrades. This technology enables ultrafast charging at locations that typically lack sufficient electrical infrastructure. FreeWire has successfully deployed its battery-integrated chargers across the United States, serving Fortune 100 companies, commercial clients, fleets, and retail spaces, and has partnered with major organizations to expand its reach. Additionally, the company's systems provide clean and quiet power solutions, effectively replacing or supplementing diesel generators for various remote power applications, thereby supporting the transition away from fossil fuels.

FreeWire Technologies, Inc. is a manufacturer of mobile electric vehicle (EV) chargers, focused on providing innovative charging solutions that enhance the accessibility of EV charging infrastructure. Established in 2014 and based in San Leandro, California, the company produces several models, including the Mobi Charger v0, v1, and v2, which cater to varying charging needs and capabilities. FreeWire’s flagship product, the Boost Charger, integrates battery technology with power conversion systems, allowing for high-power charging without the need for extensive grid upgrades. This technology enables ultrafast charging at locations that typically lack sufficient electrical infrastructure. FreeWire has successfully deployed its battery-integrated chargers across the United States, serving Fortune 100 companies, commercial clients, fleets, and retail spaces, and has partnered with major organizations to expand its reach. Additionally, the company's systems provide clean and quiet power solutions, effectively replacing or supplementing diesel generators for various remote power applications, thereby supporting the transition away from fossil fuels.

Amber Kinetics, Inc. specializes in the engineering and development of modular flywheel energy storage systems designed for grid-scale applications. Founded in 2009 and based in Union City, California, the company focuses on delivering a cost-effective flywheel technology that can be integrated into power grids to support the variable generation of renewable energy sources like wind and solar. Its flywheel system operates by storing energy in a spinning rotor, which can be charged and discharged to manage electricity flow efficiently. Key innovations in magnetic bearings, low-cost rotors, and high-efficiency motor generators enhance the performance of traditional flywheel systems. Amber Kinetics aims to extend the duration and efficiency of energy storage from minutes to hours, thus optimizing existing infrastructure for electric utilities.