Announcing...4 New CTC Investments!
The CTC Family Just Got A Lot Bigger
Fellow Climate Warriors,
👨👩👧👦We’re thrilled to announce that the Climate Tech Circle Fund has made not one, not two, NOT three, but FOUR new investments this quarter into consumer climate tech startups with badass founders solving critical climate challenges!
👩🏾🔬Even better, with the new round of investments, 50%+ of CTC Fund’s portfolio companies have female founders, and we wouldn’t have it any other way.
👩💻We would also love for CTC Fund’s LPs to be 50%+ female, so we’re offering a limited time 20% discount on the carried interest for all the ladies out there. That’s right. Let’s call March CTC Fund ladies month…Subscribe and fund by 3/31 to get the discount! Ping us at m@climatetechcircle.com for more details. March on.
Aaand without further ado, CTC Fund’s 4 Q1 investments!
Fed up with deforestation and want to save the f#$%ing rainforest? Us too! Look no further—C16 Bio just released Palmless™, an innovative multi-purpose oil made out of C16 Bio’s fermented, palm oil alternative Torula oil.
CTC invested in C16 Bio alongside Breakthrough Energy Ventures and we couldn’t be more excited to support C16 as they continue…unf#$%ing the rainforest.
Why’s eliminating palm oil important? According to this article in Bloomberg…“palm-driven land use change in Indonesia and Malaysia emits the equivalent of roughly 500 million tons of carbon dioxide a year, contributing 1.4% of global net CO2 emissions-almost as much as the aviation sector.” It’s time for a change, and C16 is leading the charge!
Breathing in nat gas while cooking? Power outages causing your popsicles to melt? No fear. Copper is here to the rescue with Charlie, the first energy storage equipped induction stove!
CTC invested in Copper’s Pre-Seed funding round alongside Collab Fund. Keep an eye out because their Seed round is kicking off soon and it’ll fill faster than Charlie pre-orders.
Why’s the adoption of induction stoves important? Methane emissions from U.S. gas stoves are equivalent to about 500k vehicle CO2 emissions and gas stoves also expose people to NOx. So what are you waiting for? Get on Charlie’s waitlist today!
Do you subscribe to a meal delivery service and end up with a bunch of plastic waste? Dispatch Goods is on the case! Dispatch Goods has already prevented 1.7 million+ items from entering our waste stream since launching in 2020, and they’re just getting started!
CTC invested in Dispatch Goods alongside Congruent Ventures and Bread and Butter Ventures to help make food delivery more sustainable.
Why’s it important to utilize reusable containers? Frustratingly, we’ve learned that most of the plastic we put in the recycling bin doesn’t end up being recycled, but in the landfill. In fact, globally only ~10% of plastic is actually recycled. SAD. Let’s dispatch the goods.
It’s not gas…it’s electric! Live in a dense urban environment? Have an EV and riddled with range anxiety? itselectric is going to help make curbside EV chargers as common as fire hydrants. Why is this important? According to McKinsey, the United States will need 20x more chargers than we have now if we hit nationwide 2030 EV targets.
CTC invested into itselectric alongside The Helm and Clean Energy Venture Group. itselectric will also be participating in the startup showcase at CTC’s 2nd annual SXSW extravaganza on 3/11 with 1,000+ people already RSVPd!
Gonna be at SXSW this weekend?!? RSVP Below!
You’re invited to CTC Startup Showcase + Happy Hours @SXSW23
Saturday, March 11 5:30PM – 10:00PM
