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Climate Impact Fund I

VertueLab

Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

Climate Impact Fund I

Overview: VertueLab's Climate Impact Fund invests in companies that have the potential to reduce emissions, capture carbon, or convert carbon into useful products. These investments come at a critical times for startups, helping them survive the valley of death where traditional investing fails.

Geographic Scope: Pacific Northwest (focus on Oregon and Washington)

Focus Areas:

  • Emissions reduction technologies

  • Carbon capture innovations

  • Carbon conversion into useful products
  • What the Fund Does:

  • Provides catalytic capital to early-stage climate tech startups

  • Empowers companies to prove out their technology

  • Helps companies complete demonstration projects

  • Creates leverage for other funding opportunities
  • Portfolio Performance:

  • 14 companies invested

  • $23.4M in follow-on funding secured by portfolio companies

  • 6.4 gigatons emission reduction potential
  • Funders: Grantham Foundation, Roundhouse Foundation, Meyer Memorial Trust, The Lemelson Foundation, and numerous other organizations and individuals

    Contact: VertueLab, PO Box 212, Portland, OR 97207 | (971) 770-2378

    What VertueLab actually gave

    Source: IRS Form 990-PF, 2024

    Grants in 2024
    3
    Total given
    $392K
    Median grant
    $114K
    Range
    $98K–$180K
    • By dollars: Washington 54%, Oregon 46%. Top recipient cities: Seattle, WA; Portland, OR.

    Example grants

    • Latino Founders · Portland, OR

      Fiscal sponsorship

      $180K

    • Washington Clean Energy Testb · Seattle, WA

      $114K

    • Clean Tech Alliance · Seattle, WA

      $98K

    IRS Form 990-PF, 2024. Amounts as reported by the funder. Full 990 history →

    Focus Areas & Funding Uses

    Fields of Work

    startupsenvironment

    Categories

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