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New EIP Fund for Emissions-Busting Tech

January 26, 2022
New EIP Fund for Emissions-Busting Tech

Energy Impact Partners Secures $200 Million for Deep Decarbonization Fund

Energy Impact Partners has successfully garnered $200 million in commitments towards its $350 million Deep Decarbonization Frontier Fund. This demonstrates a strengthened dedication to facilitating a global shift towards a more sustainable future.

The fund’s primary objective is to invest in early-stage technologies that actively expedite the transition to net-zero greenhouse gas emissions.

Fund Principles and Investor Interest

The Frontier Fund is founded upon two key observations. First, there's a rising tide of investor interest focused on addressing global decarbonization challenges. Second, the demand for energy, products, and goods with zero-carbon footprints is steadily increasing.

Focus on Bold Climate Tech Entrepreneurs

“We are actively seeking ambitious entrepreneurs who are tackling significant challenges within the climate technology landscape,” stated Shayle Kann, a partner at EIP Frontier Fund.

“Over the past six years, we’ve cultivated both an ecosystem and a robust process to foster innovation within large, established, and technically intricate industries. This expertise is particularly crucial in the pursuit of deep decarbonization.”

Early Investments in Decarbonization Startups

The Frontier Fund has already begun making strategic investments in a variety of startups. These companies are focused on decarbonizing diverse sectors, ranging from power generation to fertilizer production.

Notable investments include:

  • Form Energy: Developing more affordable multi-day energy storage solutions.
  • Electric Hydrogen: Advancing industrial-scale, renewable-powered hydrogen production.
  • Nitricity: Pioneering zero-emissions nitrogen fertilizer production.
  • Sublime Systems: Creating zero-carbon cement.

A Growing Wave of Climate Tech Innovation

“Our firm has been investing in climate tech since its inception in 2016 – even before the term ‘climate tech’ became commonplace,” explains Kann.

“Initially, this field was largely undefined, existing in the period following the ‘clean tech’ era and preceding the current ‘climate tech’ boom. We identified it under various names.”

“Currently, a substantial wave of innovation is entering the market. This encompasses new technologies, services, and business models, all geared towards decarbonizing different economic sectors.”

“Climate tech presents both an overwhelming and incredibly exciting challenge. It’s a broad issue that spans multiple industries. We believe a wave of innovation is coming, and market adoption will accelerate due to the growing need to achieve net-zero emissions by mid-century, or sooner.”

“This urgency is driving demand for novel solutions from corporations, consumers, investors, and all stakeholders involved.”

Kann concludes, “These factors underpin our optimistic outlook for the future of climate tech.”

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