Led by former Google[x] executive, Neal Rickner, the Fund focuses on Seed to Series A climate and sustainability companies, leveraging Octane’s LaunchPad accelerator and Sustain SoCal’s extensive network of energy and sustainability professionals to accelerate progress and amplify impact.
The partnership recognized that by leveraging each other’s respective strengths and capabilities it could have an immediate and meaningful impact on the climate crisis and economic growth in the region while providing attractive returns to the investors.
Founders’ access to capital in the Southern California has been the single major impediment to climate tech growth in the region. Elevation Ventures aims to change that.