New Climate Ventures

New Climate Ventures is an early-stage venture capital firm headquartered in Houston, United States, dedicated to investing in innovative technologies aimed at carbon reduction and avoidance. The firm's core mission revolves around accelerating the transition to a sustainable economy by backing companies developing solutions across various climate technology sectors, including sustainable materials, industrial decarbonization, carbon capture, and energy efficiency. They actively seek out disruptive technologies that offer significant potential for environmental impact and financial returns.

The firm primarily targets early-stage companies, focusing on Pre-Seed, Seed, and Series A funding rounds. New Climate Ventures is known for its hands-on approach, providing not only capital but also strategic guidance and access to a network of industry experts to help portfolio companies scale. Their typical initial investment ranges from $250,000 to $1,000,000, indicating a preference for foundational support in the nascent stages of a company's growth.

New Climate Ventures has demonstrated its commitment to the climate tech space through the successful launch of multiple funds. Their first fund, New Climate Ventures Fund I, closed in 2022 with $10 million in committed capital. Building on this success, the firm announced New Climate Ventures Fund II in 2023, targeting $25 million, bringing their total funds under management to $35 million. This capital base allows them to provide follow-on investments and support their portfolio companies through subsequent growth phases, reinforcing their long-term vision for a decarbonized future.

This structured approach positions New Climate Ventures as a significant player in the climate venture capital landscape, providing crucial early-stage funding to companies at the forefront of addressing global climate challenges. Their clear focus and strategic capital deployment underscore their role in fostering the next generation of climate innovators.