
Elemental Excelerator
Description
Elemental Excelerator is a distinctive non-profit investor based in Honolulu, Hawaii, dedicated to scaling climate solutions that deliver significant social impact for all communities. Unlike traditional venture capital firms, Elemental provides project funding and strategic support, rather than solely equity investments, to accelerate the deployment of climate technologies. This unique model allows them to focus on de-risking innovative solutions and demonstrating their real-world viability, particularly in underserved communities.
The organization's investment thesis centers on supporting startups across critical sectors such as energy, water, agriculture, mobility, and the circular economy. Elemental's approach is highly hands-on, extending beyond capital provision to include crucial project deployment assistance, navigation of policy landscapes, and fostering community engagement. They help companies overcome barriers to scale by facilitating pilot projects and connecting innovators with the resources and partnerships needed to bring their solutions to market effectively.
Elemental Excelerator typically offers project funding of up to $1 million per company, often structured as non-dilutive grants or convertible notes for specific deployments. Since its inception, the organization has supported over 160 climate technology companies, playing a pivotal role in their early growth and market validation. Their portfolio companies have collectively gone on to raise more than $10 billion in follow-on funding from other investors, underscoring the significant leverage and validation provided by Elemental's unique blend of capital and operational support. This demonstrates their commitment to fostering a robust ecosystem for climate innovation that prioritizes both environmental and social returns.
Investor Profile
Elemental Excelerator has backed more than 212 startups, with 25 new investments in the last 12 months alone. The firm has led 120 rounds, about 57% of its total and boasts 25 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Convertible Note, Seed rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, Canada.
- Strong thematic focus on Software, Energy, Renewable Energy.
- Led 15 rounds in the past year.
- Typical check size: $150K – $1M.
Stage Focus
- Series Unknown (32%)
- Convertible Note (15%)
- Seed (14%)
- Grant (13%)
- Non Equity Assistance (9%)
- Series A (7%)
- Pre Seed (4%)
- Series B (4%)
- Series D (1%)
Country Focus
- United States (80%)
- United Kingdom (4%)
- Canada (3%)
- Australia (2%)
- Germany (2%)
- Spain (2%)
- Italy (1%)
- India (1%)
- Mexico (1%)
- New Zealand (1%)
Industry Focus
- Software
- Energy
- Renewable Energy
- Cleantech
- Agriculture
- Solar
- Sustainability
- Transportation
- Clean Energy
- Energy Efficiency
Frequently Asked Questions
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