Climate Investment

What Climate Investment does

Climate Investment (legal entity: OGCI Climate Investments LLP) is an independently managed specialist private markets investor headquartered in London with an additional office in Houston. Founded in 2015 as an initiative of the Oil and Gas Climate Initiative (OGCI) and operational since 2017, the firm deploys venture and growth equity capital into industrial decarbonization technologies across energy systems, industry (cement, steel, chemicals, power), built environments, and transportation. Its portfolio spans 46 active companies, including membrane separation, autonomous robotic inspection, AI-driven building HVAC, carbon capture, rare earth recycling, and emissions monitoring technologies, with cumulative GHG impact of 133 MtCO2e reported since 2019. The firm is funded by 18 blue-chip institutional LPs, the majority of whom are OGCI member oil and gas companies (Aramco, BP, Chevron, CNPC, ENI, Equinor, Exxon Mobil, Occidental, Petrobras, Shell, Repsol, TotalEnergies) who also serve as deployment partners for portfolio innovations.

The business model is a fund manager structure with two main strategies: a Venture Strategy (early-stage) and the Decarbonization Acceleration Fund (Growth Equity), the latter having reached a $450 million final close in March 2026. Revenue is generated through management fees on committed capital and carried interest on exits, consistent with standard private markets economics; pricing is not publicly disclosed. Climate Investment differentiates itself through a vertically integrated investment-plus-deployment model: LPs are simultaneously customers (capital providers) and commercial off-takers (pilot and deployment partners for portfolio innovations), creating a distribution pathway that competitors in climate venture capital lack. Proprietary assets include an impact measurement methodology co-developed with Project Frame, an annual third-party-reviewed portfolio impact dataset, and multiple industry recognitions including 9 portfolio companies on the 2026 Global Cleantech 100.

The go-to-market is enterprise relationship-driven: deal sourcing via direct outreach and LP/network referrals, with capital deployment through direct investments and co-investments alongside strategic and financial partners (e.g., Decarbonization Partners, Breakthrough Energy Ventures, Barclays Sustainable Impact Capital, Builders Vision, Activate Capital). Recent strategic moves include the $450M DAF close, the $100M TotalEnergies commitment at COP30, formal OGDC Partnership status under a July 2025 MoU, and lead investments in MTR, Via Separations, Zeitview, LuxWall, and Energy Robotics/Korial. Revenue, AUM, and detailed fee economics are not publicly disclosed, consistent with private fund manager norms.

Name

Climate Investment

Legal name

OGCI Climate Investments LLP

Website

https://www.climateinvestment.com/

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Venture Capital and Growth Equity (Climate Tech)

NAICS

Portfolio Management and Investment Advice (523940), All Other Financial Investment Activities (52399), Other Financial Vehicles (52599)

SIC

Investors, Nec (6799), Investment Advice (6282)

akta.pro primary industry

Climate / Clean Tech & Decarbonization Funds (FSANAJAA)

akta.pro secondary industries

Energy & Sustainability / Climate Growth Equity (FSANACAG), Carbon Markets & Climate Finance (Offsets, Allowances, Carbon Funds) (FSAAALAH), Carbon Finance & Investment Advisory (Project Finance, Funds, SPVs) (EUABADAD)

Keywords

• Climate tech investing
• Growth equity capital
• Industrial decarbonization
• Venture capital funds
• Clean energy finance

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Investment Management Fees and Carry: Provides early-stage through growth equity capital to innovative climate technology companies, generating returns through portfolio company value creation and exits

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Climate Investment is an independently managed specialist investor that provides venture to growth equity capital to innovative climate technology companies. The firm operates two main fund strategies — a Venture Strategy (early-stage) and the Decarbonization Acceleration Fund (Growth Equity, $450M closed in March 2026) — to scale industrial decarbonization solutions across energy, industry, buildings, and transportation sectors. It partners with large corporations, governments and non-profits to drive market adoption and deliver measurable greenhouse gas impact.

Product overview

Climate Investment (CI) is an independently managed specialist investor focused on industrial decarbonization, providing early-stage to growth equity capital to innovative climate-focused companies. CI partners with large corporations, governments, and non-profit organizations to scale market adoption and deliver measurable greenhouse gas impact. Rather than operating a product platform, CI functions as a venture/growth equity fund with two main strategies: Venture Strategy (early-stage) and the Decarbonization Acceleration Fund (Growth Equity, $450M raised in March 2026). CI's portfolio spans over 40 climate tech companies across energy systems (including oil & gas), industry (cement, steel, power, chemicals, agriculture), built environments (buildings), and transportation sectors. The firm operates from offices in London, UK and Houston, US, and was founded by member companies of the Oil and Gas Climate Initiative (OGCI).

Differentiator

Problem solved

Functional benefit

Products and services

• Venture Strategy Fund

Quantifiable outcome

• 133 MtCO₂e cumulative GHG impact since 2019
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Project FramecoreStrategic or Co-development PartnerCI co-developed a methodology aligned with Project Frame to estimate forward GHG impact of investments
• bpminorStrategic or Co-development Partnerbp is listed as a deployment partner for ANYbotics' autonomous inspection robots
• EquinorminorStrategic or Co-development PartnerEquinor is listed as a deployment partner for ANYbotics' robots
• PetrobrasminorStrategic or Co-development PartnerPetrobras is listed as a deployment partner for ANYbotics' robots
• ADNOCminorStrategic or Co-development PartnerADNOC is a customer of Energy Robotics for autonomous inspection solutions
• bpminorStrategic or Co-development Partnerbp is a customer of Energy Robotics, achieving operational cost savings of up to 40%
• ShellminorStrategic or Co-development PartnerShell is a customer of Energy Robotics for autonomous inspection
• RepsolminorStrategic or Co-development PartnerRepsol is a customer of Energy Robotics
• BASFminorStrategic or Co-development PartnerBASF is a customer of Energy Robotics
• MerckminorStrategic or Co-development PartnerMerck is a customer of Energy Robotics
• E.ONminorStrategic or Co-development PartnerE.ON is a customer of Energy Robotics

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Breakthrough Energy Ventures: Bill Gates-backed early-stage climate tech VC investing across the same decarbonization verticals (industry, buildings, transportation, energy). Frequently co-invests with CI on shared portfolio companies such as 75F, making it the closest peer in stage, mandate, and LP alignment.
• Decarbonization Partners: BlackRock and Temasek joint venture focused on late-stage venture and growth equity in decarbonization. Co-invests with CI (e.g., XNRGY) and operates at the growth-equity end of the same mandate CI is now entering with the DAF.
• Prelude Ventures: Multi-stage climate tech investor with deep industrial and energy focus; co-investor with CI in Boston Metal and similar industrial decarbonization assets, making it a directly comparable climate-focused growth investor.
• Builders Vision: Mission-driven investment platform backing climate and human health innovators. Frequently co-leads rounds with CI (e.g., Carbon Upcycling), operating with similar stage and sector focus.
• Activate Capital: Growth-stage investor in climate solutions for industrial and built-environment sectors. Co-invests with CI in XNRGY and shares the same industrial-decarbonization thematic lens.
• Nysnø Climate Investment: Norwegian state-backed climate investment fund focused on industrial decarbonization; co-leads rounds with CI (e.g., Maritime Robotics) and shares the European industrial-decarbonization mandate.
• Energy Impact Partners: Global utility and corporate-backed VC investing across the energy transition. Operates a comparable strategic-LP model and overlaps with CI in industrial, building, and power-sector decarbonization.
• Lowercarbon Capital: Venture firm investing across climate mitigation and carbon removal; competes for similar industrial-decarbonization and energy deals and represents an active peer in climate VC deal flow.

Broad incumbents

• Generation Investment Management: Established sustainable-investment manager with public and private climate strategies. While broader and more public-market oriented, it competes for LP mindshare in climate private markets and overlaps thematically on industrial decarbonization.

Others

• Oil and Gas Climate Initiative (OGCI): Parent/strategic coalition of the 12 oil and gas majors who founded CI and supply its anchor LP capital. Listed as OTHERS because it is CI's ecosystem sponsor rather than a directly competing capital pool, but its strategic direction shapes CI's mandate and pipeline.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/climate-investment

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments77 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Climate Investment