Elemental Excelerator

“Our goal is for EDICT's network to be as strong as Harvard's — or Howard's — creating lasting relationships in the climate sector.” 🌱 Learn more about how our EDICT Internship Program is creating a diverse pipeline of talent for the climate sector — and what we’ve learned in the almost four years since its launch — by reading our own Sara B. Chandler’s recent interview with LinkedIn for Nonprofits!

We’re thrilled by our growth in the past 2 years! 🌟 Hear from our COO Avra van der Zee about how our team has expanded and the exciting opportunities ahead. Ready to make an impact in climate tech? Explore 518 positions at Elemental and our portfolio companies. Apply today at https://lnkd.in/giBU9Pkv 🚀 🌎

🎓 To our 2024 EDICT Interns: As we wrap up another incredible year of the EDICT Internship Program, we’re beyond excited to celebrate a truly inspiring group of emerging climate leaders. 🌍 Your hard work, creativity, and dedication made an impact, and the climate industry is fortunate to have such passionate and talented individuals driving positive change. You’ve shown resilience, innovation, and a fierce commitment to making a difference, and we couldn’t be prouder. Now, tell us about your next chapter!📚 Whether you’re staying longer at your internship, diving into new job opportunities, or heading back to school, drop your plans in the comments. Let’s keep this community buzzing—share your wins, humble brag a little, and let us hype you up.🎉 To our LinkedIn community: Join us in celebrating these young leaders! Engage with their stories, offer your encouragement, or connect them with opportunities that can help propel their future goals. Let’s gooooo! 🤗

🌍 Step into the future of climate innovation with Elemental! 🚀 We’re seeking a passionate and strategic Senior Dealflow Manager to spearhead our efforts in sourcing top climate technology and social equity entrepreneurs. If you're eager to make an impact in the climate sector and excel in a dynamic, collaborative environment, we want to hear from you! Apply today: https://bit.ly/3YSLTBS

🌟: Celebrating 2 years of the Inflation Reduction Act! To mark the anniversary, the US Environmental Protection Agency (EPA) announced another milestone today: the full $27B in GGRF funds have been obligated, officially opening the gates for IRA funding to flow to low-income and other underserved communities. We’re thrilled to mark this milestone by welcoming Adrian Deveny to our Policy Fellow Team. 🌱: Adrian brings 13 years of U.S. Senate experience in climate and energy policy working across the aisle - having led negotiations on the Inflation Reduction Act, the Infrastructure Investment and Jobs Act, the CHIPS and Science Act, and the Energy Act of 2020, amongst other key pieces of climate progress. He has worked for the Office of Global Change, the U.S. Department of State, and the U.S. Department of Energy (DOE) where he focused on renewable energy and energy efficiency. As a Policy Fellow at Elemental, Adrian will be assessing opportunities in federal climate policy, with an eye towards designing policies that support climate innovation and entrepreneurship. Our work with Adrian marks the next chapter in our Policy Fellows Program, as we continue to be responsive to the evolving needs of climate innovation. Now, more than ever, we must think of creative ways to move capital into the Scale Gap for critical climate technologies (reminder: we recently published that this gap is more than $150 billion!). Adrian joins recent Elemental policy fellows Leslie Abrahams, Catherine Coleman Flowers, Evan Weber, Frances Sawyer, Jameka Hodnett and Na'im Merchant, leaders from industry, government, and capital who are constructing and testing solutions that connect government and innovators in real ways. 🎧: Dive deeper: Read our Q&A with Adrian about the role of the IRA in and his hot take on what’s next for climate innovation ⏩ https://bit.ly/4dKOP7M

July was a powerhouse month for our portfolio companies, achieving incredible milestones in climate innovation! 🌍✨ Check out our roundup of their amazing accomplishments! 🎉🌟 What standout moments did you follow this month? Share in the comments! 🌱 Innovations and Partnerships * Mythos AI has teamed up with Corktown's Newlab tech hub to launch an autonomous pilot project designed to revolutionize shipping with sustainable solutions. By developing cutting-edge autonomous technology, Mythos is on a mission to reduce carbon emissions and create a more efficient, eco-friendly future for the shipping industry. * Energy Dome is partnering with Alliant Energy to construct the first grid-tied compressed CO2 Long-Duration Energy Storage (LDES) system at the Columbia Energy Center. This pioneering facility will provide 18 MW of power for at least 10 hours, setting a new benchmark in U.S. energy storage. 📈 Growth * Fervo Energy has secured its largest contract yet—a 15-year deal to supply 320 MW of climate-friendly power to Southern California Edison, a leading utility company. * Vesta, PBC has deployed 8,200 metric tons of carbon-removing olivine sand off Duck, NC, marking one of the largest operational permanent carbon removal pilot projects globally. * Applied Carbon has been able to obtain Series A funding of $21.5 million! Allowing them to further their mission in developing farm robots that converts crop residue into biochar, a substance that captures CO2.

"Almost everything in our lives touch energy." - 🌟 Meet Haleigh Reed, Microgrid Project Manager at the Renewable Energy Alaska Project, an alumni to our EDICT internship program, and one of Clean Energy for America Education Fund's Faces of Clean Energy! 🌟 Her commitment and vision are shaping the way towards a greener tomorrow. Explore her impactful journey and learn how she's making a difference. Discover more about her story and contributions.

🌲 Discover how wood vaulting can revolutionize carbon storage! 🌲 Grist highlights Mast Reforestation’s groundbreaking method of carbon removal by burying partially-burned trees. They have initial plans to store between 5,000 and 20,000 metric tons of CO2 equivalent across hundreds of acres of recently burned private land in central Montana. This innovative approach has the potential to make significant strides in the fight against climate change!

Did you know 1 data center can use as much power as 80,000 homes? How can large data centers run by tech giants keep up with demand while meeting their climate goals? That's where our portfolio company Fervo Energy comes in! They are leaning on power of the planet (literally), developing an innovative solution for creating sustainable energy with geothermal energy. Fervo Energy is helping companies like Google meet the growing high performance computing demand while managing their carbon footprint. Discover how they are revolutionizing energy use in the full CBS interview!

Congratulations to the phenomenal teachers who have completed the "Root for Innovation" Climate Champion Teacher Fellowship! Your dedication to creating curricula focused on issues affecting the Hawaiian islands—such as ocean circulation, water scarcity, and cultivating solutions through Hawaiian culture—will help change a generation for the better! The lessons created by our Teacher Fellows will be available for K-12 schools across the Hawaiian Islands this fall! And a huge thank you to SubjectToClimate who partners with us on this fellowship.