Climate Tech Founders | February 2025

We hope you're having a healthy and productive 2025 so far! As we close out what feels like the longest month of the year, a few updates to share: 

• Next week's Circuit One workshop is on RFQs for Contract Manufacturing
• Our signature event Founder One will take place mid-May 2025
• Welcome two new companies to the At One portfolio 
• Events, awards, and media mentions
• Climate tech industry analysis: What to expect in 2025

Pari Kumar is our Entrepreneur in Residence that focuses primarily on companies in the portfolio that are discrete manufacturing, that is, working with parts and assembly systems. Previously at Apple and ChargePoint, Pari has deployed manufacturing lines in over 10 countries across North America, Asia, Europe, and Africa. 

Pari knows how to  find the right contract manufacturer for your needs, one that you can scale with over time, and how to get them at the cost and terms that will be most beneficial for your business. This is an exclusive workshop for At One founders only.

Portfolio Additions

Since our last newsletter we have welcomed two new companies to the At One Ventures portfolio:

Adden Energy has created a lithium metal solid-state battery that can charge in just 10 minutes, and increases driving range by 2X and battery lifetime by 10X.

Intensivate makes a processing unit that unlocks 12X computational performance, to efficiently process big data workloads, such as AI processing in data centers. 

Events & Awards

Events

• Climate Media Dinner Feb 10 | San Francisco, CA Oliver (Climax) and Antonio (Inlyte) confirmed attending
• GreenBiz25 Feb 10-12 | Phoenix, AZ Gathering of Sustainability decision-makers at Fortune 1000 companies Tom Chi is keynoting, Danae Robert from our team in attendance
• MIT Energy Conference March 3-4 | Boston, MA
• Economist Sustainability incl. Energy Transition Summit March 10-12 | London, UK
• CERA Week March 10-14 | Houston, TX  

 Awards

• CNBC Disruptor 50  Application Fee $795 | Deadline Feb 10
• Fast Company Innovation by Design Application Fee $345 | Deadline Feb 28

Portfolio Companies in the News

Gigablue signs largest ocean-based carbon removal deal 

Gigablue, a provider of scalable, affordable carbon dioxide removal (CDR) technologies, signed an agreement with SkiesFifty, a company dedicated to sustainability in the aviation industry, for the sequestration of 200,000 tons of CO2 over the next four years. It's the largest such deal for ocean-based carbon removal, notes Axios in its coverage.

Colossal Biosciences closes $200M at a $10.2B valuation

The woolly mammoth project will hit its next milestone in 2028. In the meantime, Colossal says it has developed technologies that help preserve endangered elephant species, such as a vaccine for elephant endotheliotropic herpesvirus, a disease that kills Asian elephant calves. Its work on the dodo has led to avian genetics tools that could benefit threatened bird species, writes Bloomberg.

Perspectives

With a second Trump presidency, the climate tech sector finds itself at a critical juncture, writes our Analyst, Alisha Jani. 

The return of an administration focused on deregulation, domestic manufacturing, and energy security poses both challenges and opportunities for innovators. 

While support for renewables may dwindle, opportunities related to clean firm power and reshoring could gain momentum.

For investors and entrepreneurs, success will hinge on their ability to adapt quickly and anchor strategies to robust financial fundamentals rather than fleeting policy incentives. 

See the full piece on our blog.

About At One Ventures: What We Look For

We back early-stage (Seed, Series A) companies that are using disruptive deep tech to upend the unit economics of established industries while dramatically reducing their planetary footprint. We also look for companies that are pioneering new industries that are actively regenerative to planetary health. Lastly, we look for companies that have significant potential to be healthy, scalable businesses, because the positive impacts we invest in only last as long as the businesses that carry them.