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 9,882 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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Congruent Ventures reposted this
I’m gratified by the support of our existing (Blue Bear Capital) and new (Congruent Ventures, Moxxie Ventures, and MetaProp) investors in our over-subscribed A1 round. This is not the easiest time to raise new capital, but Demex’s unique ability to address a multi-billion-dollar global reinsurance problem combined with our demonstrated market traction over the past year made for a compelling investment case. I’m proud of what the Demex team has achieved so far, and I’m looking forward to working with such engaged investors Hank Hattemer, Ernst Theodor Sack, Abe Yokell, Katie Jacobs Stanton, Alex Roetter, and Zak Schwarzman as we rapidly scale the company based on our initial success.
Demex is excited to share we have just completed our $10.25m A1 funding round that will enable us to continue to address the largest weather-related insured loss challenge in the global insurance industry – severe convective storms. Thank you to the fantastic support from our existing - Blue Bear Capital - and new - Congruent Ventures, Moxxie Ventures, MetaProp - investors. We are looking forward to helping provide financial stability to more P&C insurers through our breakthrough parametric reinsurance product in 2025 and beyond. #parametric #reinsurance
The Demex Group Raises $10.25 Million to Address Growing Demand for its Breakthrough Weather- and Climate-related Reinsurance Solution
The Demex Group on LinkedIn
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We're proud to spotlight our portfolio company, Kodama Systems, which is at the forefront of addressing one of our most pressing climate challenges: wildfires. Through their groundbreaking technology, Kodama is revolutionizing the way we manage our forests by automating logging operations, increasing the capacity for timber crews to thin woods, and enhancing our ability to map and monitor forest health. Kodama is not just making forest management more efficient, it's also making it safer and more sustainable! #ClimateTech #WildfirePrevention #ForestManagement #Sustainability
Big thanks to Tim Fernholz for taking the time visit our project site and share our work through The New York Times! Let's continue to build technology that increases capacity for boots on the ground and gets us all closer to solving our wildfire crisis. Keep it up Convective Capital and BurnBot, Inc.!
Silicon Valley Wants to Fight Fires With Fire
https://www.nytimes.com
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We're thrilled to see our portfolio companies Omnidian and Evergrow collaborating on the launch of Omnidian's "Future of Commercial Real Estate" Podcast! 🎙️ In the first episode, Sean Swentek interviews Evergrow's Co-founder and CEO, James Richards, and they dive into the evolving tax credit market and the importance of sustainability in commercial real estate. Check it out for key insights on navigating this dynamic landscape! #Sustainability #RealEstate #VentureCapital #ClimateTech #EnergyEfficiency
Big News from Omnidian! We’re thrilled to announce the launch of the Future of Commercial Real Estate Podcast! Join us as we explore the strategies and insights shaping the future of sustainable commercial real estate. In our inaugural episode, host Sean Swentek welcomes James Richards, Co-founder and CEO of Evergrow to discuss the impact of sustainability initiatives. James shares his expertise on the evolving tax credit market and the importance of strategic investments in green technology. Don't miss out! Here are three key takeaways: 1. How the young and fast-growing tax credit market is shaping commercial real estate investments. 2. Key advice for real estate investors on piloting sustainability projects and their long-term benefits. 3. How political changes might affect the industry and the importance of staying informed. Tune in now for James’ valuable insights on succeeding in the commercial real estate game! Full episode: https://hubs.ly/Q02Mfw060 🎧 Listen on Apple: https://hubs.ly/Q02MfrJv0 🎵 Tune in on Spotify: https://hubs.ly/Q02Mf5SX0 📺 Watch on YouTube: https://hubs.ly/Q02Mf6Lb0 #FutureofCommercialRealEstate #RealEstate #CRE #Sustainability #RenewableEnergy #CommercialBuildings #Decarbonization #EnergyEfficiency
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Great to see Applied Carbon emerging from stealth! They're one of the few CDR companies that's not just great for the planet, but also good for farmers, soil, and ag yield. Rebuilding soil quality with nature-based plant-sequestered carbon is a global-scale opportunity. We partnered with Jason Aramburu and Morgan Williams to seed the company, but have had great partners since the beginning and in the current round. This is a solid syndicate: TO VC (to.vc), Wireframe Ventures, Anglo American, The Grantham Foundation for the Protection of the Environment, Microsoft, TELUS Pollinator Fund for Good, Overture , S2G Ventures, Autodesk, and Congruent Ventures. Thanks for the reporting Tim De Chant (TechCrunch)
Exclusive: Applied Carbon's farm robot turns plant waste into biochar to capture CO2 | TechCrunch
https://techcrunch.com
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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