Fifth Wall, founded in 2016 and headquartered in New York, is the largest venture capital firm dedicated to technology within the global real estate sector. As a Certified B Corporation, it focuses on connecting major real estate owners and operators with innovative entrepreneurs who are transforming the Built World. The firm manages approximately $3.0 billion in commitments and capital, supported by a diverse group of over 90 strategic partners from more than 15 countries. This extensive consortium includes prominent organizations such as BNP Paribas Real Estate, CBRE, and Marriott International, enabling Fifth Wall to foster significant investments and collaborations with emerging companies in areas such as technology, climate change, housing, and infrastructure.
Principal, Partner Coverage and Capital Markets Team
Kate Vogel
Associate
Yvonne Voon
Partner
Joe Wang
Principal
Dennis Wei
Vice President
Dan Wenhold
Partner
Francesca Whitehead
Vice President of the Investment Team
G. M. Nicholas Vik
VP of Strategy and Operations
Past deals in GreenTech
Merlin Solar Technologies
Series B in 2024
Merlin Solar Technologies, Inc. is a company focused on providing innovative solar solutions, including metal roofing, residential roofing, and portable solar modules designed for various applications such as commercial transportation, first responders, and transit fleets. Founded in 2016 and headquartered in San Jose, California, with additional manufacturing facilities in Thailand, the Philippines, India, and Japan, the company specializes in crystalline silicon-based solar panels and grids. These products are engineered to deliver enhanced performance compared to traditional solar panels, making them suitable for demanding environments like metal roofs and mobile power systems. By combining expertise from both the solar industry and other fields, Merlin Solar Technologies aims to redefine solar technology through a solutions-oriented approach that prioritizes mechanical strength and optimal efficiency.
Sealed
Series B in 2024
Sealed is a climate tech company focused on reducing home energy waste through enhanced home improvement services. The company partners with energy utilities and certified contractors to facilitate the installation of weatherization and electrification projects, including upgrades such as HVAC systems, insulation, air sealing, and smart home technology. By leveraging its software, data, and analytics, Sealed provides a comprehensive rebate solution that empowers contractors to expand their businesses while helping households reduce power consumption and maintain comfort in various weather conditions.
Terabase
Venture Round in 2023
Terabase Energy, Inc. is a company specializing in automation and digital solutions for utility-scale solar projects. Founded in 2019 and headquartered in Berkeley, California, with an additional office in Melbourne, Australia, Terabase offers a cloud-based artificial intelligence platform that facilitates collaboration on digital project models. The company’s proprietary software is utilized by over 400 entities, including engineering, procurement, and construction firms, developers, and independent power producers across 28 countries. By providing technical advisory and engineering services, Terabase aims to reduce costs and accelerate the deployment of large solar projects, thereby enhancing scalability and efficiency in the solar energy sector.
Emrgy
Series A in 2023
Emrgy is a technology company established in 2014 that specializes in designing and deploying modular and scalable hydroelectric solutions. The company focuses on developing innovative hydroelectric turbines capable of generating electricity from slow or shallow water flows, which allows power generation companies to efficiently harness energy from rivers and streams. Emrgy's offerings include advanced turbines, magnetic gearboxes, and compact hydroelectric power generators that significantly reduce energy costs. By redefining hydropower technology, Emrgy aims to enhance the reliability and cost-effectiveness of renewable energy, contributing to a shift towards distributed and intermittent energy sources.
Solarcycle
Series A in 2023
Solarcycle is a solar technology company focused on creating a circular economy for solar energy and renewables through innovative recycling solutions. It provides an affordable and environmentally friendly service for recycling and reusing decommissioned solar panels, targeting solar asset owners. Utilizing patented technology, Solarcycle can recover up to 95% of valuable materials such as silver, silicon, copper, and aluminum from solar panels, while also facilitating the repurposing or recycling of panels still in use. This comprehensive platform aims to enhance solar sustainability and ensure that clean energy remains renewable over its entire lifecycle.
Mojave Energy Systems
Seed Round in 2023
Mojave Energy Systems specializes in providing energy-efficient air conditioning solutions designed for commercial building applications, such as grocery stores, hospitals, schools, and natatoriums. The company manufactures advanced equipment, including a thermally regenerated liquid desiccant air conditioner that not only enhances indoor comfort but also operates reliably. This innovative system costs approximately the same as competing products while delivering significant energy savings, using about half the energy of traditional air conditioning systems. By focusing on reducing energy consumption and minimizing the carbon footprint associated with air conditioning, Mojave Energy Systems enables clients to achieve cost savings and contribute to environmental sustainability.
Impulse
Series A in 2022
Impulse is a manufacturer of electric home appliances focused on reducing natural gas consumption and promoting sustainability. The company develops next-generation products that integrate batteries, allowing for energy storage without the need for extensive electrical upgrades. Its flagship product is a high-performance induction stove equipped with a built-in battery, enabling users to enhance their appliances with minimal rewiring. This innovation facilitates home electrification and contributes to lower carbon emissions, providing both residential and commercial owners with a means to create healthier and more efficient living and working environments. Impulse aims to transform the home appliance sector by emphasizing ease of installation, high performance, and environmental responsibility.
EcoCart
Series A in 2022
EcoCart is a climate and sustainability-focused startup that aims to facilitate carbon offsetting for online consumers. The company provides an eCommerce plugin that allows merchants to offer a carbon neutral option at checkout, as well as a free Google Chrome extension. This extension helps users calculate the carbon footprint of their orders from over 10,000 online stores and automatically offsets that impact by donating to verified carbon offset projects. Additionally, EcoCart notifies users about participating merchants and rewards them with points that can be redeemed for gift cards or used to support environmental initiatives. By simplifying the process of offsetting carbon emissions, EcoCart makes it easier for both e-commerce brands and consumers to contribute positively to the environment while shopping.
Assembly OSM
Series A in 2022
Assembly OSM Inc., established in 2020 and headquartered in New York, specializes in the design and construction of architecturally distinctive high-rise buildings. The company employs innovative building systems that enhance both the aesthetics and performance of their structures while utilizing sustainable materials. Assembly OSM's approach allows for a diverse range of projects, including hotels, healthcare facilities, and office complexes, providing clients with significant advantages in terms of reduced time to completion and greater cost and schedule certainty compared to traditional construction methods. By prioritizing flexibility and efficiency in their operations, Assembly OSM aims to transform the building delivery process.
Electric Hydrogen
Series B in 2022
Electric Hydrogen is a company focused on developing low-cost, high-efficiency, fossil-free hydrogen systems aimed at decarbonizing industrial sectors such as ammonia and steel production, which are significant contributors to global greenhouse gas emissions. By rethinking electrolysis, Electric Hydrogen seeks to make clean hydrogen competitive with traditional, fossil-fuel-based hydrogen in terms of cost and scalability. The company's advanced PEM technology utilizes low-cost renewable electricity to produce clean hydrogen gas, thereby helping industries reduce their reliance on fossil fuels and minimize pollution. With a leadership team experienced in transformative clean energy companies, Electric Hydrogen is positioned to address current challenges in efficiency and cost, contributing to the goal of a zero-emission industrial sector in the near future.
Turntide
Venture Round in 2022
Turntide focuses on advancing sustainable technologies aimed at reducing energy consumption and operational costs across various sectors, including buildings, agriculture, and electric transport. Founded in 2013 and based in Sunnyvale, California, the company has created an innovative electric motor system that utilizes switched reluctance technology, managed through sophisticated cloud software. This system is designed to address the significant energy waste associated with traditional electric motors, which account for a substantial portion of global electricity consumption. By integrating Internet of Things (IoT) capabilities, Turntide's solutions enable clients to achieve significant savings in energy costs related to space conditioning, maintenance, and refrigeration, thereby promoting a transition to 100% renewable energy and reducing reliance on fossil fuels.
Sealed
Series B in 2022
Sealed is a climate tech company focused on reducing home energy waste through enhanced home improvement services. The company partners with energy utilities and certified contractors to facilitate the installation of weatherization and electrification projects, including upgrades such as HVAC systems, insulation, air sealing, and smart home technology. By leveraging its software, data, and analytics, Sealed provides a comprehensive rebate solution that empowers contractors to expand their businesses while helping households reduce power consumption and maintain comfort in various weather conditions.
Sealed
Series B in 2021
Sealed is a climate tech company focused on reducing home energy waste through enhanced home improvement services. The company partners with energy utilities and certified contractors to facilitate the installation of weatherization and electrification projects, including upgrades such as HVAC systems, insulation, air sealing, and smart home technology. By leveraging its software, data, and analytics, Sealed provides a comprehensive rebate solution that empowers contractors to expand their businesses while helping households reduce power consumption and maintain comfort in various weather conditions.
Turntide
Venture Round in 2021
Turntide focuses on advancing sustainable technologies aimed at reducing energy consumption and operational costs across various sectors, including buildings, agriculture, and electric transport. Founded in 2013 and based in Sunnyvale, California, the company has created an innovative electric motor system that utilizes switched reluctance technology, managed through sophisticated cloud software. This system is designed to address the significant energy waste associated with traditional electric motors, which account for a substantial portion of global electricity consumption. By integrating Internet of Things (IoT) capabilities, Turntide's solutions enable clients to achieve significant savings in energy costs related to space conditioning, maintenance, and refrigeration, thereby promoting a transition to 100% renewable energy and reducing reliance on fossil fuels.
Lime
Series B in 2018
Lime is a transportation company that focuses on providing sustainable solutions for urban mobility by offering electric scooters and bike-sharing services. The company partners with cities to deploy a fleet of electric bikes and scooters equipped with GPS and self-activating locks, which allows users to access affordable and reliable transportation options. Lime aims to address the first- and last-mile transportation challenges, promoting environmentally friendly alternatives that help reduce carbon footprints. By encouraging a shift in transportation behavior, Lime seeks to empower future generations to contribute to a more sustainable planet.
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