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Climate Impact Fund I

VertueLab

Funding Amount

Not stated

Deadline

Deadline not published

Grant Type

Foundation

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

What VertueLab actually gave

Source: IRS Form 990, 2025

Grants in 2025
3
Total given
$111K
Median grant
$21K
Range
$20K–$70K
  • By dollars: Washington 100%. Top recipient cities: Seattle, WA.

Example grants

  • U of W Clean Energy Testbeds · Seattle, WA

    Scientific research

    $70K

  • U of W Comotion Labs · Seattle, WA

    Scientific research

    $21K

  • Clean Tech Alliance · Seattle, WA

    Scientific research

    $20K

IRS Form 990, 2025. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Startups
  • Environment

Categories

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