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Evergreen Climate Innovations

North America, Illinois, United States, Chicago

Description

Evergreen Climate Innovations, based in Chicago, is a prominent early-stage investor and grant provider dedicated to advancing climate technology startups in the United States. Founded in 2010 as Clean Energy Trust, the organization rebranded to better reflect its expanded mission and comprehensive support for entrepreneurs bringing impactful climate solutions to market. Their unique model combines non-dilutive grants with strategic equity investments, catering to the diverse needs of nascent climate tech ventures, particularly those focused on the Midwest and broader U.S. market.

Investor Profile

Evergreen Climate Innovations has backed more than 47 startups, with 3 new investments in the last 12 months alone. The firm has led 8 rounds, about 17% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Convertible Note, Seed, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Energy, Manufacturing, Electronics.
  • Typical check size: $25K – $250K.

Stage Focus

  • Convertible Note (30%)
  • Seed (26%)
  • Pre Seed (11%)
  • Grant (11%)
  • Series A (9%)
  • Series B (9%)
  • Series Unknown (6%)

Country Focus

  • United States (100%)

Industry Focus

  • Energy
  • Manufacturing
  • Electronics
  • Renewable Energy
  • Software
  • Agtech
  • Advanced Materials
  • Agriculture
  • Internet Of Things
  • Chemical
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Evergreen Climate Innovations frequently co-invest with?

AV
North America, Iowa, United States, Mason City
Co-Investments: 2
Techstars
North America, Colorado, United States, Boulder
Co-Investments: 2
Tin Shed Ventures
North America, California, United States, Ventura
Co-Investments: 2
Ag Startup Engine
North America, Iowa, United States, Ames
Co-Investments: 2
OS Fund
North America, Illinois, United States, Chicago
Co-Investments: 2
Volta Energy Technologies
North America, Illinois, United States, Naperville
Co-Investments: 2
GOOSE Capital
North America, Texas, United States, Houston
Co-Investments: 2
Breakthrough Energy Ventures
Europe, Ile-de-France, France, Paris
Co-Investments: 1
Climate Investment
Europe, England, United Kingdom, London
Co-Investments: 1
Building Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 1

Which angels does Evergreen Climate Innovations often collaborate with?

John DiNardi
North America, Illinois, United States, Chicago
Shared Deals: 1
NF
North America, California, United States, San Francisco
Shared Deals: 1
SO
North America, Illinois, United States, Chicago
Shared Deals: 1
HT
North America, Illinois, United States, Chicago
Shared Deals: 1
Daniel Gross
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Evergreen Climate Innovations?

New Iridium

Boulder, Colorado, United States

New Iridium offers a photocatalysis platform that drives efficiencies in chemical and pharmaceutical manufacturing.

Manufacturing
SeedJun 11, 2025
Amount Raised: $2,650,000
C-Motive Technologies

Madison, Wisconsin, United States

C-Motive Technologies is a venture-backed cleantech startup that develops electrostatic motor technology.

AutomotiveCleanTechMachinery ManufacturingRenewable Energy
Series UnknownJun 4, 2025
Amount Raised: $13,500,000
Grid Status

Chicago, Illinois, United States

Grid Status is an energy data analytics company.

AnalyticsEnergy Management
SeedAug 21, 2024
Amount Raised: $8,000,000
Bedrock Materials

Palo Alto, California, United States

Bedrock Materials is a startup company developing materials and manufacturing procedures for low-cost sodium-ion batteries.

ChemicalManufacturing
SeedMay 16, 2024
Amount Raised: $9,000,000
Renewance

Chicago, Illinois, United States

Renewance provides software solutions, consultancy, and project management services to manage the battery end of life liabilities.

BatteryElectronicsSoftware
Series AApr 10, 2024
Aeternal Upcycling

Chicago, Illinois, United States

Aeternal Upcycling is a carbon economy revolution that combats the plastic waste crisis, reduces the need for fossil fuels.

Chemical
GrantSep 14, 2023
Amount Raised: $25,000
NanoGraf Corporation

Chicago, Illinois, United States

NanoGraf is a battery development company researching ways to improve battery life and charging time.

Advanced MaterialsEnergySmall and Medium Businesses
Series BFeb 14, 2023
Amount Raised: $65,000,000
Kadeya

Chicago, Illinois, United States

Kadeya is a closed-loop water vending business that utilizes digitally connected reusable water bottles and tiny bottling equipment.

Food and BeverageSalesWaterWater Purification
Pre SeedOct 25, 2022
CorePower Magnetics

Pittsburgh, Pennsylvania, United States

CorePower Magnetics’ patented combination of advanced manufacturing processes and novel materials increases electric vehicle ranges.

Advanced MaterialsElectronicsManufacturing
Pre SeedSep 6, 2022
Amount Raised: $2,500,000
Continuum Ag

Washington, Iowa, United States

Continuum Ag is a consulting and data management company with a focus on soil health.

AgricultureAgTechData ManagementFarming
SeedOct 15, 2021
Amount Raised: $475,000