Evergreen Climate Innovations, originally known as Clean Energy Trust, is a nonprofit organization based in Chicago, Illinois, that focuses on providing catalytic capital and support to entrepreneurs and startups developing impactful climate technologies. Founded in 2010, Evergreen's mission is to foster innovation in the Greater Midwest by aligning philanthropic and corporate contributions through its 501vc® Investment Fund. This approach aims to deliver significant environmental, economic, and social impact. Over the past decade, Evergreen has successfully invested in numerous startups, achieving an impressive leverage of $41 raised for every $1 invested. The organization is dedicated to cultivating a robust ecosystem of investors, donors, and collaborators to advance climate solutions in the region.
Grid Status offers an open platform for understanding what is happening on the electrical grid. Grid Status provides organized and dependable data, allowing the next generation of energy innovators to focus on developing innovative solutions rather than maintaining their own complex data pipelines.
Renewance
Series A in 2024
Renewance, Inc. specializes in battery lifecycle management through its software-as-a-service platform, Renewance Connect. This platform assists clients dealing with defective or end-of-life batteries by enabling them to compare, select, and contract with battery recyclers efficiently. The company's offerings include a comprehensive recycling solution that encompasses a partner network responsible for packaging, transportation, recycling, and adherence to regulatory requirements. Additionally, Renewance provides lifecycle services such as asset retirement obligation forecasting and regulatory compliance management. Targeting the battery energy storage and electric vehicle sectors, Renewance aims to facilitate a transition to more sustainable energy practices. Founded in 2015 and headquartered in Schaumburg, Illinois, the company combines technology with consultancy and project management to effectively address end-of-life liabilities associated with industrial batteries.
Aeternal Upcycling
Grant in 2023
Aeternal Upcycling addresses the global plastic waste crisis by providing innovative upcycling services aimed at reducing reliance on fossil fuels and enhancing sustainability. The company employs advanced technology to transform plastic waste into high-value chemical products, including waxes, surfactants, adhesives, and lubricants. These products serve as sustainable alternatives in various industries, such as lubricants, consumer goods, and cosmetics. By facilitating the use of plastic-derived materials, Aeternal Upcycling contributes to a circular carbon economy, promoting environmentally friendly practices and supporting a cleaner future.
NanoGraf
Series B in 2023
NanoGraf Corporation is a materials science company based in Chicago, Illinois, focused on the development and commercialization of advanced materials for the energy storage market. Founded in 2012, the company specializes in silicon-graphene electrode materials designed for lithium-ion batteries, which offer higher energy density and reduced charging times compared to traditional graphitic-based anodes. These innovative materials have potential applications across various sectors, including consumer electronics and electric vehicles. NanoGraf's technology aims to enhance battery capacity while enabling cost-effective production through a chemistry-based manufacturing process.
Kadeya
Pre Seed Round in 2022
Kadeya is a closed-loop water vending business founded by Manuela Zoninsein. The company offers a service that features digitally connected reusable water bottles and compact bottling equipment. By leveraging technology, Kadeya provides recyclable, non-porous water bottles filled with locally sourced water from convenient vending stations. This approach aims to help office managers lower costs and overhead while minimizing operational challenges and health risks associated with traditional water delivery methods.
CorePower Magnetics
Pre Seed Round in 2022
CorePower Magnetics specializes in the manufacturing of electric components utilizing advanced magnetic core technology aimed at enhancing efficiency and power density. The company focuses on developing power-dense soft magnetics through innovative materials and advanced manufacturing techniques. This approach yields significant reductions in weight and volume, as well as decreased energy losses, all without relying on rare-earth metals. As a result, CorePower Magnetics' components offer improved current capabilities, extended ranges for electric vehicles, and longer lifespans for various applications. The company's commitment to optimizing magnetic core features addresses critical limitations in power electronics and power conversion systems, contributing to advancements in the electrification of transportation, energy efficiency, and grid modernization.
Continuum Ag
Seed Round in 2021
Continuum Ag, Inc. is a company that focuses on improving soil health through its proprietary platform, the TopSoil Tool. Founded in 2016 and based in Washington, Iowa, Continuum Ag offers a range of services designed to assist farmers and agricultural companies. Its platform provides data mapping, soil fertility recommendations, harvest analytics, and crop planning tools, all aimed at promoting regenerative agricultural practices. The company also emphasizes the use of soil testing technologies to tailor recommendations that enhance soil health. By collaborating with a network of agronomists, Continuum Ag aims to build a comprehensive soil database, supporting farmers in analyzing and improving soil conditions to boost crop yields.
Continuum Ag
Pre Seed Round in 2021
Continuum Ag, Inc. is a company that focuses on improving soil health through its proprietary platform, the TopSoil Tool. Founded in 2016 and based in Washington, Iowa, Continuum Ag offers a range of services designed to assist farmers and agricultural companies. Its platform provides data mapping, soil fertility recommendations, harvest analytics, and crop planning tools, all aimed at promoting regenerative agricultural practices. The company also emphasizes the use of soil testing technologies to tailor recommendations that enhance soil health. By collaborating with a network of agronomists, Continuum Ag aims to build a comprehensive soil database, supporting farmers in analyzing and improving soil conditions to boost crop yields.
Agricycle
Seed Round in 2021
Agricycle is a house of ethical brands using a systems-based zero waste approach to international development. The company transforms food waste and agricultural byproducts across the world into all-natural and organic CPG brands. Agricycle buys the products created using their technology and makes on-trend brands focused on storytelling, natural foods, sustainability, and transparency. Each brand uses the byproducts of others, and local products and industries are created with what cannot be exported. This maximizes margins because each brand uses the same supply chain and very similar production process.
Earnest Agriculture
Pre Seed Round in 2021
Earnest Agriculture collaborates with farmers to transform agricultural waste into innovative biofertilizers that enhance crop yields. By converting waste products such as manure and vegetable remnants, the company provides an eco-friendly solution that not only helps farmers manage their waste but also offers them a potential source of additional income. Utilizing a combination of composting, vermicomposting, and advanced microbial technologies, Earnest Agriculture develops proprietary fertilizers designed to improve soil quality, promote drought resistance, and suppress pathogens. This approach not only reduces the environmental impact of farming but also allows farmers to lower their input costs while increasing their productivity.
Varuna
Venture Round in 2020
Varuna is a technology company that provides a water monitoring platform aimed at assisting water utility leaders in managing their water systems effectively. Founded in 2018 by Seyi Fabode, Jamail Carter, and Chris Karr, the platform utilizes advanced sensors and machine learning to facilitate real-time monitoring of water quality and predict potential quality issues. It allows utilities to assess their resource needs efficiently and generate required reports with ease. By leveraging artificial intelligence, Varuna enhances situational awareness and operational efficiency for water utilities, helping them deliver clean and safe water to their communities.
MITO (Materials)
Seed Round in 2020
MITO Material Solutions, Inc. is a specialty chemical company that focuses on developing and manufacturing graphene-based hybrid polymer modifiers and additives to enhance material performance across various industries. Founded in 2016 and headquartered in Indianapolis, Indiana, with an additional office in Stillwater, Oklahoma, MITO offers innovative products such as the MITO T-Series, a nano-additive that significantly increases the toughness of composite materials by up to 100% while reducing the likelihood of mechanical failure by 80%. This versatility allows industries, including aerospace, recreational vehicle, and boating, to either enhance product durability or decrease material usage, leading to substantial cost savings and weight reduction. MITO's products are compatible with a range of applications, including epoxy resins and thermoplastics, ultimately contributing to improved efficiency and performance in manufacturing processes.
NUMiX MATERIALS
Grant in 2020
NUMiX MATERIALS is a water treatment company that specializes in manufacturing and supplying sorbents to remove dissolved heavy metals from contaminated water. It focuses on RCRA, Water, Sorbents, Pretreatment, and Metals. It was founded in 2018 and headquartered in Chicago, Illinois.
Iris Light Technologies
Seed Round in 2020
Iris Light Technologies is an electronics company that focuses on advancing the cloud through innovative on-chip laser technology. It specializes in artificial intelligence, 5G communications, and the Internet of Things (IoT). The company has developed a proprietary and scalable method to deposit multiple lasers onto a single chip, enhancing the bandwidth and energy efficiency of light chips. This technology supports applications in optical communications, optical sensors, and various emerging areas, including IoT sensors, positioning Iris Light Technologies as a key player in the rapidly growing silicon photonics market.
Renewance
Seed Round in 2020
Renewance, Inc. specializes in battery lifecycle management through its software-as-a-service platform, Renewance Connect. This platform assists clients dealing with defective or end-of-life batteries by enabling them to compare, select, and contract with battery recyclers efficiently. The company's offerings include a comprehensive recycling solution that encompasses a partner network responsible for packaging, transportation, recycling, and adherence to regulatory requirements. Additionally, Renewance provides lifecycle services such as asset retirement obligation forecasting and regulatory compliance management. Targeting the battery energy storage and electric vehicle sectors, Renewance aims to facilitate a transition to more sustainable energy practices. Founded in 2015 and headquartered in Schaumburg, Illinois, the company combines technology with consultancy and project management to effectively address end-of-life liabilities associated with industrial batteries.
75F
Series A in 2019
75F, LLC, founded in 2012 and based in Burnsville, Minnesota, specializes in building automation systems that utilize Internet of Things (IoT) technology to enhance energy efficiency in commercial buildings. The company offers a comprehensive Building Energy Management System that integrates a range of smart devices, including sensors, thermostats, and control units, to optimize HVAC performance and lighting. By leveraging real-time data and wireless communication, 75F's solutions allow for precise climate control, adapting to occupancy and environmental changes to ensure comfort while minimizing energy consumption. The company's mission focuses on improving indoor air quality and occupant productivity while promoting sustainable practices. Through its intelligent automation and centralized monitoring, 75F helps clients reduce operational costs and their carbon footprint, making smart building technology accessible and effective.
Sigora
Venture Round in 2018
Sigora specializes in utility-management systems designed for emerging markets, focusing on both established urban grid utilities and rural micro-grid developers. The company offers a platform that enhances energy access by transforming it into a viable business model. This platform integrates specialized hardware and web-managed software with straightforward payment solutions, effectively streamlining bill collection, minimizing revenue losses, preventing energy theft, and improving operational efficiency for energy providers. Sigora’s innovative approach positions its technology as a crucial operating system for financeable micro-utility business models, catering to the specific needs of energy industry players in frontier markets. Founded in 2016, Sigora is headquartered in Chicago, Illinois.
Mobius
Pre Seed Round in 2018
Mobius specializes in transforming industrial organic waste streams into environmentally friendly chemicals and materials. The company focuses on utilizing waste generated by the agriculture, forestry, paper, and biofuel industries to develop sustainable solutions. Its flagship product is a proprietary biodegradable polymer derived from lignin, a natural byproduct produced in large quantities by the paper and biofuel sectors. This biopolymer is designed to replace conventional plastics, offering biodegradable plastic pellets suitable for various applications, including horticulture, agriculture, and food service packaging. By promoting the concept of eliminating waste, Mobius aims to create a more sustainable future through innovative material solutions.
NuMat Technologies
Series B in 2018
NuMat Technologies builts an Operating System for the commercialization of programmable chemistries. It is creating the future of precision engineering by designing and building molecularly-programmed systems that unlock paradigm shifts in resource creation and use. The company's expertise lies in the design and integration of MOFs into next-generation storage, separation, and purification systems. In doing so, NuMat enables previously unachievable form factors, performance and cost-advantaged production economics. NuMat provides a total solutions platform for product commercialization, pairing world-class material discovery software with application development and manufacturing expertise.
Aker Technologies
Convertible Note in 2017
Aker Technologies Inc. specializes in providing crop intelligence and in-season analytical tools to enhance farm operations. The company develops smart crop management solutions aimed at promoting precision farming practices. Utilizing patented computer vision and biometric sensors, along with comprehensive software and service offerings, Aker Technologies enables the detection, classification, and measurement of pest pressures, airborne pathogens, crop diseases, and fertility issues within crop canopies. Its customer service platform caters to chemical suppliers, agricultural retailers, and consultants, facilitating support for growers. Established in 2014 and headquartered in Winnebago, Minnesota, Aker Technologies also maintains an office in Chicago, Illinois.
PowerTech Water
Convertible Note in 2017
PowerTech Water, Inc. is a company that develops and markets innovative water treatment solutions, focusing on chemical-free technologies. Founded in 2014 and headquartered in Lexington, Kentucky, the company specializes in its flagship product, CapCo, an electrochemical filter designed to effectively remove various metals from water. PowerTech Water serves a diverse range of industries, including batteries, microelectronics, electroplating, automotive, metal finishing, mining, food and beverage, and oil and gas. The CapCo filter targets contaminants such as lead, copper, manganese, iron, silver, gold, mercury, zinc, nickel, and aluminum, aiming to provide efficient and sustainable solutions for wastewater management.
NETenergy
Seed Round in 2016
NETenergy is a thermal energy storage company that is creating a thermal battery designed to offset peak electricity load. The company is headquartered in Chicago, IL.
NuMat Technologies
Series A in 2016
NuMat Technologies builts an Operating System for the commercialization of programmable chemistries. It is creating the future of precision engineering by designing and building molecularly-programmed systems that unlock paradigm shifts in resource creation and use. The company's expertise lies in the design and integration of MOFs into next-generation storage, separation, and purification systems. In doing so, NuMat enables previously unachievable form factors, performance and cost-advantaged production economics. NuMat provides a total solutions platform for product commercialization, pairing world-class material discovery software with application development and manufacturing expertise.
Nexmatix
Convertible Note in 2016
NexMatix is a developer and manufacturer focused on enhancing the efficiency of pneumatic systems through innovative products. The company specializes in smart valves, particularly directional control valves, which are recognized as some of the most inefficient components in the industry. These valves are equipped with embedded sensors that continuously monitor for leaks, enabling users to identify faults related to pressure and functionality. By improving the performance of these systems, NexMatix aims to reduce operational costs and lower carbon footprints, contributing to more sustainable industrial practices.
NovoMoto
Convertible Note in 2016
NovoMoto is a sustainable social enterprise focused on delivering clean and renewable electricity to communities in the Democratic Republic of Congo, with plans to expand to other sub-Saharan African nations. The company manufactures solar energy devices, which consist of solar panels, lamps, batteries, and additional equipment, designed to empower users to generate sustainable energy independently. NovoMoto employs a pay-as-you-go model, allowing villagers to make small weekly payments over five years to access these energy solutions. This approach enables communities to meet their energy needs in a sustainable manner, fostering independence and enhancing the quality of life for residents.
SPLT (Splitting Fares)
Convertible Note in 2016
SPLT is an enterprise-first carpooling and car sharing platform that connects employees within organizations to share their commute, saving time and money while reducing traffic congestion and lowering CO2 emissions.
Go Electric
Seed Round in 2015
Go Electric Inc. is a green-technology company that specializes in developing innovative energy solutions for the customer side of the meter, serving facilities and utilities. Founded in 2011 and headquartered in Anderson, Indiana, with additional offices in Brooklyn and Honolulu, the company focuses on integrating renewable energy, advanced batteries, and generators to enhance energy security, reduce costs, and improve grid stability. One of its key products, AutoLYNC, is a microgrid and uninterruptible power system that efficiently synchronizes and optimizes various AC and DC power sources, providing reliable electrical power at the correct frequency and voltage. Go Electric's solutions are utilized in diverse applications, including government, military, and electric utility sectors, particularly in New York City, thereby contributing to a more sustainable energy future.
GlucanBio
Convertible Note in 2015
GlucanBio technology developed from the University of Wisconsin and Center for Biorenewable Chemicals (CBiRC) at Iowa State. Our primary purpose is to produce furan derivatives from biomass with cost and performance advantages. The market opportunity is strong and relevant, not only for furfural, but also for HMF, DMF, THF and FDCA.Our team offers best-in-field expertise in catalysis, IP management, engineering scale-up, and early stage commercialization.Engaging great minds like Jim Dumesic, a world-renowned catalytic chemist, and Brent Shanks, a highly acclaimed principal in the industry, gives us an advantage in hurdling technical roadblocks.
AMPY
Seed Round in 2015
AMPY is a wearable motion charger that captures its users’ energy from daily activities to charge their smartphones. The wearable device has won numerous awards, and the team was named to Forbes 30 under 30 in Energy. Its team is already scaling down the technology inside of AMPY to power wearable devices AMPY was founded in 2013 by Tejas Shastry, Mike Geier, and Alex Smith. It is based in Chicago, I.L.
Specter Aerospace
Convertible Note in 2015
Specter Aerospace specializes in developing hypersonic vehicles that enhance combustion processes for energy, aerospace, and national security applications. The company employs innovative plasma-assisted combustion techniques, utilizing a proprietary fuel nozzle design to optimize combustion reactions. This technology aims to address complex combustion challenges, resulting in significant improvements in fuel efficiency, emissions reduction, and operational safety. By integrating advanced technologies, Specter Aerospace enables its clients to expand the capabilities of modern engines, ultimately contributing to more sustainable and efficient aerospace solutions.
Sun Number
Convertible Note in 2015
Sun Number, LLC, they’re focused on increasing the public’s awareness of the solar potential of buildings through our Sun NumberTM Scores. Founded in 2012, they are the recipient of the U.S. Department of Energy’s SunShot Incubator grant that enabled the development and initial deployment of Sun Number Scores. Our goal is to increase solar installations by providing an easy-to-understand assessment of a building’s solar potential and streamlining the solar installer’s customer acquisition process.
Design Flux Technology
Convertible Note in 2015
Provides an all-in-one solution to energy management
GreenLancer
Series B in 2015
GreenLancer Energy, Inc. is an online marketplace that specializes in providing design, engineering, and construction solutions for solar and electric vehicle charging contractors. The company offers a wide range of services, including feasibility studies, permit package services, concept design, and financial analysis. These services encompass electrical design, CAD modeling, system layouts, and detailed engineering documents, ensuring compliance with industry standards. Since its establishment in 2011 and based in Detroit, Michigan, GreenLancer has effectively managed clean energy projects through its platform, which streamlines the ordering process and connects solar installers with qualified outsourcing partners. The company has supported over 7,500 contractors on more than 200,000 projects, facilitating the deployment of $2.5 billion in clean energy initiatives across the nation. With a dedicated support team, GreenLancer ensures the success of permitting, interconnection, and engineering processes, making it a key player in the renewable energy sector.
NanoGraf
Convertible Note in 2015
NanoGraf Corporation is a materials science company based in Chicago, Illinois, focused on the development and commercialization of advanced materials for the energy storage market. Founded in 2012, the company specializes in silicon-graphene electrode materials designed for lithium-ion batteries, which offer higher energy density and reduced charging times compared to traditional graphitic-based anodes. These innovative materials have potential applications across various sectors, including consumer electronics and electric vehicles. NanoGraf's technology aims to enhance battery capacity while enabling cost-effective production through a chemistry-based manufacturing process.
AllCell
Convertible Note in 2014
AllCell specializes in the design and manufacture of advanced lithium-ion battery packs tailored for transportation and renewable energy sectors. The company utilizes proprietary thermal management technology that incorporates phase change materials to encase each lithium-ion cell. This innovative approach effectively absorbs and conducts heat away from the cells, resulting in lightweight and compact battery packs that offer extended cycle life and enhanced safety. By prioritizing both performance and safety, AllCell aims to provide reliable energy solutions to its clients.
Agentis
Grant in 2014
Agentis, Inc. is a technology company based in Chicago that specializes in developing software solutions for energy providers. Founded in 2009, Agentis offers a suite of software as a service (SaaS) products designed to enhance customer engagement and improve energy management. Its offerings include a customer engagement portal, business energy report builder, advisor portal, and contractor connect, all of which leverage advanced metering infrastructure (AMI) data. The platform enables utilities to better understand and engage their business customers, facilitating cost savings and operational efficiency. By providing tools for data analysis, customer engagement, and energy consumption reporting, Agentis empowers utilities to effectively manage energy usage and drive customer action in addressing complex energy challenges.
Intellihot
Series B in 2014
Intellihot specializes in the manufacture of tankless water heating systems tailored for both residential and commercial use. Founded in 2005, the company emerged from a practical need when a traditional water heater malfunctioned, leading to significant water damage. Intellihot's systems are designed to conserve space by eliminating the need for bulky storage tanks, and they incorporate advanced technology, including Wi-Fi and 3G/4G connectivity. This connectivity allows users to monitor and analyze water usage patterns, providing an efficient on-demand heating solution that optimizes performance and resource use. The innovative design of Intellihot's products has garnered recognition and includes several patents pending.
Intellihot
Grant in 2014
Intellihot specializes in the manufacture of tankless water heating systems tailored for both residential and commercial use. Founded in 2005, the company emerged from a practical need when a traditional water heater malfunctioned, leading to significant water damage. Intellihot's systems are designed to conserve space by eliminating the need for bulky storage tanks, and they incorporate advanced technology, including Wi-Fi and 3G/4G connectivity. This connectivity allows users to monitor and analyze water usage patterns, providing an efficient on-demand heating solution that optimizes performance and resource use. The innovative design of Intellihot's products has garnered recognition and includes several patents pending.
Igor
Series A in 2014
Igor is a developer of a power lighting platform used to offer an intelligent control over LED lighting systems in spaces of all sizes. Its platform helps users to connect LED light fixtures, motion sensors, and daylight sensors through a network switch as well as assigns the attached devices through the application interface that enable manufacturers to manage and adjust which lights, switches, and sensors belong to which unique space.
MeterGenius
Convertible Note in 2014
In 2013, MeterGenius set out to create smart energy consumers. They accomplished this by engaging customers with their electricity consumption. The insight, analytics, tools, and motivations they provide have proven to be effective at engaging customers like never before. Because of this, their energy-conscious users have also proven to be more loyal and valuable to their electricity providers. Whether your goal is to increase customer retention, lower electricity consumption during peak hours, or add additional revenue streams, MeterGenius's platform and experience will be the solution to create value for you and your customers.
EP Purification
Convertible Note in 2014
EP Purification manufactures novel and environmentally-sound systems for the purification of water and air.
AMPY
Grant in 2014
AMPY is a wearable motion charger that captures its users’ energy from daily activities to charge their smartphones. The wearable device has won numerous awards, and the team was named to Forbes 30 under 30 in Energy. Its team is already scaling down the technology inside of AMPY to power wearable devices AMPY was founded in 2013 by Tejas Shastry, Mike Geier, and Alex Smith. It is based in Chicago, I.L.
Living Ink
Living Ink is a biomaterials company dedicated to developing sustainable algae-based pigments for various applications, including printing, apparel, footwear, packaging, foams, and adhesives. By utilizing waste biomass, Living Ink transforms it into carbon-negative materials, providing an environmentally friendly alternative to traditional, petroleum-derived products. This innovative approach aims to reduce the carbon footprint of these industries and supports eco-friendly practices while decreasing reliance on non-renewable resources. Living Ink is committed to revolutionizing the materials sector by integrating sustainable algae technologies into everyday products, promoting sustainability and contributing to a greener future.
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