Clean Investments was founded by members of the Oil and Gas Climate Initiative (OGCI), and it invests in innovations that deliver decarbonization solutions and support their market adoption through partner networks to accelerate scaled impact.
Climate Investment’s mission is to back climate technologies that cut greenhouse gas emissions and advance global infrastructure for the climate transition. They combine venture and growth equity with industry partnerships to drive innovation, market adoption, and measurable decarbonisation, focusing on underserved, high-emission sectors while upholding collaboration, founder support, and transparent impact.
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Climate Investment was founded by members of the Oil and Gas Climate Initiative (OGCI), a coalition of 12 major oil and gas companies committed to addressing climate change. These founding members not only established Climate Investment but also actively invest in its funds and support the scaling of portfolio innovations through early commercial deployment. Since its operational start in 2017, Climate Investment has focused on deploying capital into underinvested, high-emission sectors, leveraging deep industry partnerships and venture and growth capital to accelerate the climate transition. The firm’s origin within OGCI underpins its unique position to drive impactful decarbonisation solutions by combining industry insight with investment expertise.
Visit OGCI’s LinkedIn and Website.
Climate Investment focuses its investments on high-emission sectors that are critical to the global climate transition, including energy systems (such as oil and gas), industry (covering cement, steel, power, chemicals, and multi-sector energy efficiency solutions), built environments (buildings), and transportation. The firm specifically targets underserved sectors and “white spaces” that contribute over 65% of global greenhouse gas emissions but have historically received less than 25% of innovation capital. Their investment strategy combines venture and growth equity capital with deep industry partnerships to drive market adoption of scalable climate solutions, aiming for both attractive financial returns and strong, measurable greenhouse gas impact. This approach underscores their commitment to supporting innovation in sectors with significant decarbonisation potential and relatively low current funding.
Climate Investment’s geographic scope is global, encompassing high-emission sectors across both developed and emerging markets worldwide. Their focus includes not only major industrialised regions but also underserved areas with significant greenhouse gas emissions that have historically received limited innovation capital. By targeting these diverse regions, Climate Investment aims to support climate transition efforts where they are most needed, leveraging a broad international network and partnerships to deploy capital effectively and accelerate the adoption of scalable, climate-focused technologies on a worldwide scale.
Climate Investment’s sectors of interest focus on high-emission, energy-intensive industries critical for climate transition. These include energy systems, industrial sectors (such as cement, steel, chemicals, and power), transportation, and the built environment (buildings). The firm specifically targets sectors that contribute a large share of global greenhouse gas emissions but are underserved in terms of innovation capital. Their portfolio features companies developing scalable solutions across these sectors, aiming to accelerate decarbonisation in some of the most impactful sectors globally.
Climate Investment’s investment criteria focus on companies in high-emission sectors with strong climate impact potential, especially underserved areas contributing over 65% of global emissions but receiving less than 25% of innovation capital. They invest venture and growth equity capital in scalable businesses that deliver measurable, ongoing greenhouse gas reductions. The firm prioritises rigorous due diligence, clear climate metrics, and supports geographic and commercial expansion to maximise impact.
Climate Investment’s assessment process involves thorough due diligence focused on companies in high-emission sectors with strong climate impact potential. They evaluate ESG risks, legal compliance, management quality, and climate impact management through reviews, management discussions, and site visits. Investment decisions are based on clear climate metrics and measurable greenhouse gas reductions, with support for scaling portfolio companies to maximise impact. The process prioritises scalability, market readiness, and contribution to decarbonisation in underserved sectors.
Aeroseal: Founded in 2020, uses patented technology to seal HVAC and building envelope leaks, cutting energy use by around 30%. Backed by Climate Investment since 2023, it operates in North America and the Middle East, with over 260,000 homes and thousands of commercial buildings sealed, delivering major CO₂ reductions. Visit Aeroseal
Net Zero Teesside: A part of the UK’s East Coast Cluster, is the country’s first commercial-scale CCUS project, aiming to capture up to 10 million tonnes of CO₂ a year for offshore storage. Backed by Climate Investment since 2017, it serves as a model for future hubs, with CI helping refine its concept to support UK net zero goals and deliver local economic benefits. Visit Net Zero Teesside
Kelvin: Founded in 2013, develops “Smart Assistants” that use expert knowledge, best practices, and AI models to provide actionable insights that boost efficiency, production, and emissions reduction. Backed by Climate Investment since 2018, its scalable and adaptable solutions are used across industries from its bases in the US, Portugal, and Australia. Visit Kelvin
SeekOps: Founded in 2017, provides drone-mounted sensors that deliver precise, field-proven emissions measurement data to support asset safety, regulatory compliance, emissions reduction, and carbon credit generation. Backed by Climate Investment since 2019, the Austin-based company’s technology helps operators lower their carbon footprint while unlocking new revenue opportunities. Visit SeekOps
75F: Founded in 2012, provides an IoT-based automation system that optimises HVAC and lighting energy use in commercial buildings. Using smart sensors, cloud computing, and AI, it boosts comfort and cuts HVAC energy consumption by over 40%. Backed by Climate Investment since 2019, it operates in the US, India, and Singapore. Visit 75F
Climate Investment’s funding sources primarily consist of venture and growth equity capital, which they deploy into high-emission sectors with significant climate impact potential. They collaborate with a range of investors, including institutional and private investors, to provide capital that drives scalable climate solutions. In addition to venture and growth equity, Climate Investment partners with large corporations, governments, and non-profit organisations to deliver capital and support for companies focused on climate transition. This blend allows them to leverage diverse capital pools to maximise impact and scale innovations globally.
Climate Investment’s recent impact report highlights the firm’s measurable progress in driving decarbonisation across its portfolio. In 2024 alone, Climate Investment enabled greenhouse gas emissions reductions equivalent to 38.3 million tonnes of CO₂e, a result achieved by portfolio companies reporting via CI’s standardised, annually audited methodology. Cumulatively, since 2019, the Catalyst Fund I portfolio has realised more than 130 million tonnes of CO₂e reductions. Climate Investment’s robust approach integrates industry-leading measurement practices, including collaboration with Project Frame to advance standardised, forward-looking impact quantification. The firm maintains a goal of exceeding 100 million tonnes of CO₂e annual impact by 2030 and is committed to ongoing ESG integration, operationalising climate metrics, and continuously improving its own operational carbon footprint through targeted reduction and offsetting plans.
Climate Investment’s community benefits extend beyond capital investment to include access to a broad network, operational expertise, and commercial opportunities. Their team’s deep industrial and investment experience supports portfolio companies with market adoption and scaling. Investors and portfolio companies gain from bilateral exchanges, knowledge sharing, and partnerships that facilitate commercial contracts and deployments, accelerating technology adoption and climate impact. This network effect also helps portfolio companies establish market credibility and grow geographically and commercially. While not explicitly offering physical workspace, Climate Investment provides intangible benefits such as business development support, collaborative industry connections, and operational rigor, all designed to maximise climate impact and commercial success within their portfolio ecosystem.
Climate Investment’s team consists of experienced professionals with strong expertise in climate technology, venture capital, and industry commercialisation. The group includes specialists in technology evaluation, business development, finance, and portfolio support who work collaboratively across multiple global locations. Together, they focus on accelerating the deployment and scaling of impactful climate innovations through a combination of deep sector knowledge and investment experience.
Learn more about the team on the Climate Investments Team webpage.
They focus on high-emission, energy-intensive sectors critical for climate transition, including energy systems (such as oil and gas), industry (cement, steel, power, chemicals), built environments (buildings), and transportation. These sectors account for over 65% of global emissions but have received less than 25% of innovation capital historically.
Climate Investment primarily provides venture and growth equity capital to support companies from early-stage startups to those scaling globally, helping them achieve market adoption and measurable impact.
Their geographic scope is global, covering developed and emerging markets worldwide, particularly targeting underserved regions with high emissions and limited innovation funding.
Climate Investment was founded by members of the Oil and Gas Climate Initiative (OGCI), a coalition of 12 major oil and gas companies committed to addressing climate change. This origin provides a unique industrial insight combined with investment expertise.
In addition to funding, they offer operational expertise, networks for market adoption, business development support, and facilitate partnerships that help companies scale commercially and geographically.
Are you an innovative greentech founder seeking funding? Discover how Climate Investments can support your journey by visiting the: Climate Investment Website.
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