How much funding does Opalene Climate Capital (Venture Capital Fund) provide?

Funding amounts vary. Check the grant details for specifics.

When is the deadline for Opalene Climate Capital (Venture Capital Fund)?

This grant has a rolling deadline or the deadline has not been announced.

Opalene Climate Capital (Venture Capital Fund)

VertueLab

Foundation Grants for Startups Environmental Grants Grants for BIPOC Grants for Women

Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

Opalene Climate Capital

Overview: Opalene Climate Capital is a unique, impact-oriented venture capital fund launched by VertueLab that doubles private investment with state-matched dollars to accelerate equitable climate tech innovation.

Geographic Scope: Washington State (based in Washington, a global leader in innovation and home to one of the world's most dynamic climate tech ecosystems)

Focus Areas:

Climate Resilience:

Microgrids

Circular systems

Carbon capture innovations

Earth-safe materials

Digital tools for resilient infrastructure

Climate Mitigation:

Clean energy solutions

Green building technologies

Clean transportation

Regenerative agriculture

Energy-efficient data centers

Target Entrepreneurs:

BIPOC-led ventures

Women-led ventures

Rural enterprises

Frontline community enterprises

Overlooked ventures facing barriers to capital

Fund Structure:

Doubles private investment with state-matched dollars

Blends public, private, and philanthropic capital

Mission-driven structure to lower risk and maximize impact

Designed for flexibility and impact

Why Opalene Is Different:

Proven Track Record: Built on more than a decade of funding early-stage climate tech in the Pacific Northwest, with dozens of high-impact companies supported

Local Focus with Global Scaling: Invests in Washington-based innovators, leveraging partnerships with cities, universities, labs, and engineers for real-world testing, deployment, and global growth

Mission-Driven Structure: Backed by a nonprofit, enabling mission-aligned investors to directly support scalable climate tech

Portfolio Examples:

Harvest: All-in-one electric heat pump system for heating, cooling, and water heating in homes

OpConnect: EV charging infrastructure solutions for apartments, condos, and fleet operators

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