Elemental Impact

🌟 Who’s Transforming Industries and driving economic opportunity in our portfolio this quarter? We’re proud to share how our portfolio companies are revolutionizing sustainability across industries by creating jobs, cutting costs, and building a cleaner future: 🏆Time Magazine Recognizes American Innovation 1️⃣ Tim Latimer, CEO of Fervo Energy, named to TIME100 Next 2024 - demonstrating how U.S. geothermal technology leadership creates economic opportunities while solving energy challenges. 🚀Technology that Delivers Real Benefits 2️⃣ Liminal raises $10M led by LG Technology Ventures advancing battery manufacturing quality control solutions. 3️⃣ Molg's $5.5M seed funding brings circular manufacturing innovation for more sustainable electronics production. 4️⃣ Terviva partners with Chevron Renewable Energy Group to scale its pongamia tree operations, focusing on the crop’s potential as a low-input, high-yield biofuel feedstock for renewable energy applications. 5️⃣ CarbonCure Technologies surpasses 500,000 metric tons CO₂ saved by injecting captured carbon into concrete, demonstrating scalable carbon reduction solutions for the construction industry. 🌊A Partnership Scaling Solutions for Economic Growth 6️⃣ Ebb Carbon has partnered with Microsoft in a pioneering agreement to deliver 350,000 tons of marine-based carbon dioxide removal over the next decade, using ocean alkalinity enhancement to reduce emissions and combat ocean acidification. Our portfolio companies aren't just building scaling proven technology solutions - they're reshaping industries to create a more sustainable future. We’re supporting by connecting innovators with communities and investors to create tangible benefits: lower utility bills, job creation, and cleaner, safer American communities. Follow their journeys as they continue to break barriers and drive impact.

Thank you Christina Angelides for all of your hard work, daring to dream big, and ability to turn big dreams into strategic realities—all with a personality that inspires everyone to say, 'Sure, let’s figure it out!' Our whole team at Elemental is cheering you on for this much deserved award!

Extraordinary leaders don't just drive change—they inspire it. We’re proud to celebrate our Managing Director of Policy, Christina Angelides, as she receives the U.S. Department of Energy (DOE)'s 2024 Clean Energy Education & Empowerment (C3E) Award for Policy & Advocacy! Since founding our Policy Lab in 2020, Christina has reshaped our approach to policy and community engagement in climate innovation, paving the way for our $100M Greenhouse Gas Reduction Fund to bring clean energy to those who need it most. Anyone who has partnered with Christina knows her exceptional intelligence is matched only by her genuine warmth and dedication to creating positive change. Congratulations, Christina! Here’s to many more years of your transformative leadership at Elemental!

What if we could solve energy scarcity for 600 million people while accelerating the clean energy transition? We’re excited to announce a groundbreaking merger between SHYFT Power Solutions and SteamaCo to transform Africa's power infrastructure and taking on the challenge of delivering reliable access to electricity. This merger will also: * Expand energy access for millions * Create substantial employment opportunities * Accelerate clean energy adoption * Drive innovation in power distribution We're incredibly proud to see SHYFT Power Solutions reach this milestone. Here's to a brighter, more electrified future

Congratulations to Energy Dome on signing its first U.S. contract with Alliant Energy for the commercial deployment of its revolutionary CO₂ Battery! This partnership marks a significant milestone for sustainable energy storage, as the CO₂ Battery offers a scalable, long-duration solution to store renewable power efficiently and affordably. With this deployment, Energy Dome and Alliant Energy are paving the way for a resilient energy future in the U.S. Here’s to more innovative breakthroughs in the journey toward 24/7 clean energy!

Did you hear the news? We’re offering investments ranging from $3M to $10M, along with tailored coaching and support through our new $100M Greenhouse Gas Reduction Fund (GGRF)! This funding opportunity is designed for U.S.-based startups making a significant local impact, allowing you to scale your technologies with the backing of the Elemental network of coaches, fellows, funders, and founders. Ready to take your innovations to the next level? Apply for up to $10M through our GGRF fund today: https://bit.ly/4fx7gxD

Big 🚛 news today! A new $250 million program to offer affordable leasing for up to 500 electric trucks. This is exactly the kind of innovative financing that we need - and is now possible through the historic $27B Greenhouse Gas Reduction Fund. Congratulations to our partners Climate United & Forum Mobility. 80% of drayage trucks (that take goods to and from ports) are small fleets, many owned by small business owners. As we electrify tens of thousands of these trucks, we need approaches that include small business owners in the transition -- ensuring that communities *and* drivers benefit. As Matt LeDucq said, "For us, success means not just cleaner air for port communities, but also lower costs per mile for truckers." Congratulations to Beth Bafford, Michael Grossman, Jacqueline (Bruns) Torres, and team -- our Elemental Impact team looks forward to supporting the rollout! Christina Angelides, Avra van der Zee, Gabriel Scheer, Danya Hakeem, Amir Chireh Mehr. Read more here: https://lnkd.in/gFNxkYsg And sharing a throwback to the conversation between Matt, Andrew Beebe, and Rex Richardson at Elemental Interactive 18 months ago... fun to look back on this photo on this announcement day 🎉

It’s one thing to be amazing at your job, but when that comes with a heart of gold, it’s truly inspiring! Congratulations to Christina Angelides, our Managing Director of Policy, for earning the 2024 MID-CAREER AWARD from C3E Women in Clean Energy! The C3E Awards celebrate mid-career women leaders who advance clean energy through innovation and impactful leadership. Christina has truly been an amazing leader in our organization driving policy strategy, government affairs, and community engagement programs that shape the future of sustainable energy solutions BUT even more is her magnetic personality. This is such a well deserved award!

What leads to careers in clean energy? Apprenticeships! We are thrilled to announce the new geothermal apprenticeship program from Fervo Energy and Southern Utah University, focused on transferring the valuable skills from oil and gas professionals to jobs in geothermal energy. This program is about more than clean energy—it ensures no one is left behind. It creates a path for workers in the oil and gas industry to transition their expertise into geothermal production, empowering them to lead in the renewable future. The program combines: ⚫ Hands-on training in geothermal drilling and well operations ⚫College-level coursework in geology and energy systems ⚫Practical sustainable energy expertise Together, we’re building the green energy workforce of tomorrow. Congratulations to all partners making this vision a reality! Learn more: https://lnkd.in/gywWCczP

What leads to careers in clean energy? Apprenticeships! We are thrilled to announce the new geothermal apprenticeship program from Fervo Energy and Southern Utah University, focused on transferring the valuable skills from oil and gas professionals to jobs in geothermal energy. This program is about more than clean energy—it ensures no one is left behind. It creates a path for workers in the oil and gas industry to transition their expertise into geothermal production, empowering them to lead in the renewable future. The program combines: ⚫ Hands-on training in geothermal drilling and well operations ⚫College-level coursework in geology and energy systems ⚫Practical sustainable energy expertise Together, we’re building the green energy workforce of tomorrow. Congratulations to all partners making this vision a reality! Learn more: https://lnkd.in/gywWCczP