The Congruent Ventures team spends much of the year working with our portfolio companies to pull together our Annual Climate Impact Report, and we are thrilled to hit the publish button! Over the past seven years Congruent Ventures has been at the forefront of fostering innovation and sustainability, contributing to the creation of over 2,300 climate-related jobs and generating more than $4.9 billion of enterprise value across 54 companies. Notably, 80% of our investments were in the first institutional round with over 50% of our investments led by at least one underrepresented individual. Despite the relative youth of our portfolio companies, an impressive 83% of them have successfully raised follow-on capital, a testament to their viability and potential for growth. Feel free to also peruse any of the hundreds of jobs currently available across our portfolio, and please share - our collective efforts are making a difference. Cc Joshua Posamentier, Abe Yokell, Jackie Kossmann, Tanuj Dutta, Christina O’Conor, Tanuj Dutta, Marianne Wu, Nicholas Adeyi, Eliza Cushman, Tina Bao, Suzie Morano Parmar, CFA Nadia Dugal, and Abby Steele
Congruent Ventures
Venture Capital and Private Equity Principals
San Francisco, California 9,652 followers
Investing in early-stage sustainable companies.
About us
Congruent Ventures is a venture capital firm that seeks to invest in Mobility and Urbanization, Energy Transition, Food and Agriculture, and Sustainable Production and Consumption sectors. We look for technology companies that will positively impact our energy and resource consumption. If we see an opportunity to partner with a like-minded team focused on scale across hardware, software, or services, we’re interested.
- Website
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http://www.congruentvc.com
External link for Congruent Ventures
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 11-50 employees
- Headquarters
- San Francisco, California
- Type
- Partnership
- Founded
- 2017
- Specialties
- Venture Capital, Alternative Energy, Sustainable Technology, and Reduced Carbon Footprint
Locations
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Primary
101 Mission St
805
San Francisco, California 94105, US
Employees at Congruent Ventures
Updates
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It's exciting to see First Street raise this to help build the best physical climate risk analytics offerings in the market. Even better to do it alongside friends since the beginning. cc: General Catalyst, Genevieve Kinney, Galvanize Climate Solutions, Cliff Ryan, Mark Bruinooge, Innovation Endeavors, Sam Smith-Eppsteiner, Schneider Electric, Varun Jain, Nuveen, a TIAA company, Congruent Ventures, First Street
Exclusive: First Street, a climate risk firm, raises $46 million in a Series A round
axios.com
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Biomining: It's Pretty Metal Enjoy reading Nicholas Adeyi and Jackie Kossmann's thoughts on the nuances of biomining and how to work towards (more) sustainable mining approaches for the transition to a low-carbon economy. They delve into the specific challenges and opportunities in biomining, focusing on copper extraction, and outline our criteria for potential investments, including industry lean-in, technology readiness, and a credible path to scale. If you’re an innovator in this space, we want to hear from you!
Biomining: It's Pretty Metal
congruent.substack.com
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We're thrilled to see Bill Gates turning his attention to geothermal energy, a testament to its transformative potential. At Congruent, we've been proud supporters of Fervo Energy, which is revolutionizing geothermal with advanced drilling techniques and data analytics. This growing interest underscores the critical role geothermal will play in our sustainable energy future. #Geothermal #Sustainability #CleanEnergy #ClimateTech
Geothermal energy used to be a niche source of electricity for volcanic regions like Iceland. But Fervo Energy’s innovations are making geothermal more accessible and cost-effective—unleashing its potential as a reliable, clean power source.
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Happy SF Climate Week! Just in time, the San Francisco Examiner explores why the Bay Area is a center of climate innovation highlighting SPAN, Arch Rao, and Abe Yokell. “Why wouldn’t you want to be in the epicenter of it all?” Cc Troy Wolverton Abe Yokell
Why SF has become a hotbed for climate tech
sfexaminer.com
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Congruent Ventures reposted this
I'm really excited to share more about our latest investment at Congruent, Halcyon, which we co-led with Andrew Beebe and the Obvious Ventures team. Also great to have finally met and work with the better version of me, Shomik Dutta (I'm not sure how many more times we can make this joke). It has been amazing to be part of the journey (even if only for a short bit) - from working with Bruce Falck on business ideas, to seeing the rest of the amazing team come together - Nat Bullard J L. Alexander Huras. This is truly a rockstar team that has decades of experience with both AI/ML and hunting down energy transition data. They are going to change how we're able to access and use decarbonization and energy data. So much of that information is publicly available but extremely hard to access without degrees and decades of experience. We need to make it easier for people to access and analyze this information so we can all start making faster and better decisions around the energy transition. Looking forward to building something great with this team. It's crazy to see how much progress they've made in just a few short months. Also, here's another link to view the article: https://lnkd.in/d6yC5bR6
Hey there 👋 we're Halcyon, and we're building an AI-assisted search and information platform to help professionals navigating the energy transition make better decisions, faster. We're excited to share that we've raised $10.8M in seed funding! We've built an awesome team, led by Bruce Falck Nat Bullard J L. and Alexander Huras, and we've got some incredible investors Obvious Ventures Congruent Ventures Overture We're grateful to all of our early design partners, advisors, and most of all, teammates, who believe in our mission to bring technology to help solve some of our most important problems - starting with making it easier to get the data and information we need to accelerate the energy transition! https://lnkd.in/gHHgcbtB
Nat Bullard startup Halcyon raises $10.8M for AI-driven energy data
axios.com
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For those who missed the Weekend Pitch, our co-founder Abe Yokell on the next wave of climate companies: "The next generation of climate companies to go public will be judged not on five-year visions—as was the case in the blank-check era—but on robust topline revenue, fast growth and sound unit economics, Yokell said."
Climate tech’s strong performance will be tough act to repeat
pitchbook.com
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We love to see our Hippo Harvest friends scale up in spite of the challenging financing environment! Why are they winning? Cheaper, tastier, and longer lasting lettuce that is better for the environment!
🎉 Exciting News! 🎉 We're thrilled to announce that Hippo Harvest has successfully secured Series B funding to scale our robotic greenhouses! A big THANK YOU to our great investors [Standard Investments, Congruent Ventures, Amazon's Climate Pledge Fund, Collaborative Fund, Energy Impact Partners, and Hawthorne Food Ventures] retail partners, and dedicated team whose hard work and collaboration made this happen. We're excited to take the next step towards delivering sustainable, affordable produce at scale 🌱 Read more here: https://lnkd.in/gYusAM8v #robotics #agtech #techcrunch
How robotics and AI helped Hippo Harvest land $21M to grow lettuce | TechCrunch
https://techcrunch.com
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Why isn't more venture flowing towards industrial heat? Not an easy place to invest, but there is opportunity! Our investor Eliza Cushman says it here!
Global industrial processes consume one-third of all energy and heat represents ~75% of the sector’s energy consumption. 90% of this energy is still generated by fossil fuels. 🏭 Despite such high abatement potential, industrial heat startups haven’t received nearly as much investment as other well-capitalized climate sectors like mobility and food.💰 We're excited to share our latest thinking on the industrial heat startup landscape including our Bull/Bear perspectives and what we look for in companies to justify VC investment in this sector. 📈 If you’re an innovator working on a solution to industrial heat, we’d love to hear from you! 📩 CC: Congruent Ventures #industrialdecarbonization #industrialheating #industryinsights #venturecapital
Industrial Heat: Hot or Not?
congruent.substack.com