Elemental Excelerator Opens Applications for Climate Projects with Catalytic Capital and Expanded Services
Elemental Excelerator, a nonprofit investor focused on scaling climate technologies for deep community impact, has announced the opening of applications for their next investment cycle. The organization is offering up to $3 million in catalytic capital per company for the 15-20 companies it will accept into its latest cohort, marking its largest project investment to date.
At the annual Interactive event, hosted by Kal Penn, Elemental highlighted the success stories of several portfolio companies, showcasing how their support has positively impacted businesses in the climate sector. Esteemed speakers such as Laurene Powell Jobs and Tom Steyer also shared insights on the importance of investing in impactful climate projects.
“As climate financing evolves, we’re committed to addressing critical funding gaps and expanding opportunities for impactful projects,” said Danya Hakeem, VP of Portfolio at Elemental Excelerator. The organization is growing its suite of services to provide comprehensive support for project development and financing, offering coaching in project finance, strategic guidance, and community engagement.
Entrepreneurs with innovative climate solutions are invited to apply for Elemental’s latest investment cycle before the May 31st deadline. The organization has a track record of investing in over 150 companies and has successfully raised over $10 billion in follow-on funding for its portfolio companies.
If you are interested in joining Elemental’s portfolio and accessing expanded investment opportunities, apply now before the deadline. Further details and investment opportunities will be announced in the upcoming months.