Azolla Ventures
- Company typePrivate
- Founded2021
- HeadquartersCambridge, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
Azolla Ventures firmographics
Firmographics- Name
- Azolla Ventures
- Legal name
- Azolla Ventures
- Website
- https://azollaventures.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Where Azolla Ventures is headquartered
LocationHeadquarters
- HQ city
- Cambridge
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Azolla Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Venture Capital Fund Management: Azolla Ventures generates returns by investing in early-stage climate technology companies, providing both capital and hands-on operational support. The firm's financial model is structured around deploying catalytic capital—blending philanthropic and commercial capital—to maximize climate impact while seeking financial returns from portfolio company exits.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Azolla Ventures product offering
Product offeringCore offering
Azolla Ventures is an early-stage venture capital firm that invests in climate technology companies with potential for gigaton-scale CO2e reductions. The firm deploys catalytic capital—blending philanthropic and commercial capital—to fund high-risk, high-impact climate startups at the earliest stages. It operates two investment vehicles: Azolla Fund I and the Prime Impact Fund (a program of Prime Coalition), and provides hands-on operational support to portfolio founders on business building, team construction, and customer development.
Product overview
Azolla Ventures is an early-stage venture capital firm that operates two distinct investment vehicles: Azolla Fund I Portfolio and Prime Impact Fund Portfolio. Azolla Fund I invests in visionary founders developing transformative climate solutions at the earliest stages, focusing on companies with potential for gigaton-scale CO2e reductions. The Prime Impact Fund is a catalytic seed-stage fund that Azolla Ventures also manages as a program of Prime Coalition, focused on extraordinary climate impact. The firm aggregates tax-exempt philanthropic capital from foundations and deploys it in a venture capital context to fund high-risk, high-impact climate startups, prioritizing impact first with every investment holding potential for large-scale greenhouse gas reductions and a more just climate for all.
Differentiator
Problem solved
Functional benefit
Products and services
- Azolla Fund I
- Prime Impact Fund
Quantifiable outcome
- Investments target solutions with potential for gigaton-scale CO2e reductions by 2050
Companies that use Azolla Ventures
Customer profileSegments1 record
Ideal customer profiles1 record
Azolla Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Azolla Ventures partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered major, core and minor.
- GridscapemajorPortfolio company Scalvy partnered with Gridscape, a microgrid developer, to deploy multi-chemistry battery energy storage systems combining sodium-ion and lithium-ion chemistries in California, funded by the California Energy Commission.
- ValeomajorPortfolio company Scalvy worked with Valeo, a global automotive technology company, on a joint technology evaluation study demonstrating Scalvy's modular Power Neuron architecture within an automotive system, showing potential for faster charging and up to 15% longer battery life.
- PT Geo Dipa EnergimajorPT Geo Dipa Energi (GDE), Indonesia's state-owned geothermal developer, is partnering with Lilac Solutions for a USTDA-funded pilot to demonstrate lithium recovery from geothermal brine at the Dieng geothermal field in Central Java.
- AureliamajorPortfolio company Calcarea partnered with Aurelia, combining Calcarea's limestone weathering carbon capture technology with Aurelia's expertise in green ship design and e-systems integration to develop next-generation bulk carriers with integrated ocean-based carbon capture.
- NetflixmajorNetflix signed a deal to purchase carbon credits generated through Funga's innovative fungal restoration technology for 11 years. This represents Funga's first commercial carbon credit sales and serves as a catalytic investment in the startup.
- Prime CoalitioncoreAzolla Ventures was founded by Prime Coalition, a nonprofit organization that steers and influences capital to support scalable solutions to climate change. Azolla operates as an independent entity bound to Prime Coalition's impact and additionality goals. Prime Coalition independently assesses the impact potential and additionality of individual investments under consideration by Azolla Ventures.
- Prime Impact FundcoreThe Azolla Ventures team also manages Prime Impact Fund, a catalytic seed-stage fund focused on extraordinary climate impact. Prime Impact Fund is a program of Prime Coalition. Azolla Fund I represents the successor vehicle to Prime Impact Fund.
- Browning the Greenspace (BGS)minorAzolla Ventures is a member of the Browning the Greenspace coalition, a group of climate-focused organizations.
- Northeast Clean Energy Council (NECEC)minorAzolla Ventures is a member of the Northeast Clean Energy Council.
- Venture Climate AlliancemajorAzolla Ventures is a founding member of the Venture Climate Alliance, a coalition of venture capital firms committed to supporting a rapid, global transition to net zero, alongside 20+ venture capital peers.
- Project FrameminorAzolla Ventures is part of the Project Frame coalition.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
Azolla Ventures competitors and assessment
Company assessmentDirect peers
- Clean Energy Ventures: Seed-stage investor in climate tech founders commercializing transformative energy solutions. Directly comparable to Azolla in stage, sector, and hands-on founder-support model.
- Congruent Ventures: Early-stage venture firm investing across climate solutions including energy, mobility, buildings, and carbon removal. Closely comparable to Azolla in stage focus and sector coverage, with similar seed-to-Series A check sizes.
- Engine Ventures: Venture firm investing in early-stage climate tech and hard-tech founders commercializing breakthrough science. Comparable to Azolla in deep-tech, early-stage climate focus and proximity to MIT and Cambridge research ecosystem.
- DCVC: Deep tech venture firm that invests heavily in climate solutions alongside compute and life sciences. Comparable to Azolla in scientific-technical bar and seed-to-Series A focus, with a longer track record and larger fund sizes.
- Lowercarbon Capital: Venture fund backing companies that reduce greenhouse gas emissions through climate tech and carbon removal. Comparable to Azolla in climate-first mandate, though typically writing larger checks and at slightly later stages.
- Wireframe Ventures: Seed-stage climate tech fund investing in decarbonization across buildings, mobility, industry, and food. Directly comparable to Azolla in stage, climate-only thesis, and emphasis on underinvested verticals.
- Prelude Ventures: Seed-stage climate tech venture firm focused on transformative energy, mobility, and resource solutions. Directly comparable to Azolla in stage (seed), sector (broad climate tech), and partnership-driven model.
Broad incumbents
- Breakthrough Energy Ventures: Bill Gates-founded, multi-billion-dollar climate-focused early-stage venture fund that invests across the full spectrum of climate technologies. Directly comparable to Azolla as a climate VC, but operates at dramatically greater scale and with commercial-return orientation rather than catalytic capital.
- Khosla Ventures: One of the largest and most established deep-tech VCs with a significant climate and sustainability portfolio. Comparable to Azolla as a climate-tech investor but operates across many sectors at substantially greater scale.
Others
- Prime Coalition: Nonprofit organization that founded Azolla Ventures and operates the Prime Impact Fund program that Azolla's team manages. Comparable as the strategic parent and enabling entity that aggregates catalytic philanthropic capital and provides independent impact diligence underpinning Azolla's investment process.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Azolla Ventures social profiles
Digital presenceAzolla Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Azolla Ventures leadership team
Management profileNumber of profiles
Profiles12 records
Azolla Ventures subsidiaries and ownership
Company hierarchySubsidiaries1 record
Azolla Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Azolla Ventures M&A and investment
M&A and investmentM&A
Investments20 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Azolla Ventures
What does Azolla Ventures do?
Azolla Ventures is an early-stage venture capital firm that invests in climate technology companies with potential for gigaton-scale CO2e reductions. The firm deploys catalytic capital—blending philanthropic and commercial capital—to fund high-risk, high-impact climate startups at the earliest stages. It operates two investment vehicles: Azolla Fund I and the Prime Impact Fund (a program of Prime Coalition), and provides hands-on operational support to portfolio founders on business building, team construction, and customer development.
Is Azolla Ventures a public or private company?
Azolla Ventures is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Azolla Ventures founded?
Azolla Ventures was founded in 2021. It employs 1 to 10 people.
Where is Azolla Ventures based?
Azolla Ventures is headquartered in Cambridge, United States, in the North America region.
How does Azolla Ventures make money?
One revenue line is on record: venture Capital Fund Management.
Who are Azolla Ventures's main competitors?
Direct peers on record are Clean Energy Ventures, Congruent Ventures, Engine Ventures, DCVC, Lowercarbon Capital, Wireframe Ventures and Prelude Ventures. Broad incumbents are Breakthrough Energy Ventures and Khosla Ventures. Prime Coalition is listed as an others.
Does Azolla Ventures have an API?
No public API is recorded for Azolla Ventures.