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Earthshot Ventures

North America, California, United States, San Francisco

Description

Earthshot Ventures is a San Francisco-based venture capital firm dedicated to addressing the climate crisis through strategic investments in early-stage climate technology companies. Founded by experienced professionals, the firm specifically targets entrepreneurs developing innovative solutions across critical sectors such as clean energy, sustainable agriculture, carbon removal, and the circular economy. Their mission is to deploy capital and expertise to accelerate the transition to a sustainable future, focusing on technologies with the potential for significant environmental and economic impact.

Earthshot Ventures operates with a clear investment thesis centered on impactful climate solutions. The firm successfully closed its inaugural fund, Earthshot Ventures I, in 2021 with $60 million in committed capital, demonstrating strong investor confidence in their approach. Building on this momentum, they further expanded their capacity by closing Earthshot Ventures II in early 2024, raising an additional $100 million. This significant capital base, totaling $160 million across both funds, positions them as a notable player in the early-stage climate tech investment landscape, enabling them to support a diverse portfolio of promising startups.

Earthshot Ventures primarily focuses on Seed to Series A stage companies, providing initial checks that typically range from $500,000 to $3,000,000. Beyond capital, the firm is known for its hands-on approach, leveraging its extensive network and deep industry knowledge to provide strategic guidance, operational support, and access to key partners for its portfolio companies. They aim to be more than just a capital provider, actively working alongside founders to navigate challenges and scale their climate solutions, thereby fostering innovation that can achieve significant environmental and economic impact.

Investor Profile

Earthshot Ventures has backed more than 31 startups, with 6 new investments in the last 12 months alone. The firm has led 1 rounds, about 3% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Canada.
  • Strong thematic focus on Software, Artificial Intelligence (AI), Biotechnology.
  • Typical check size: $500K – $3M.

Stage Focus

  • Seed (42%)
  • Series A (29%)
  • Series B (19%)
  • Series Unknown (3%)
  • Pre Seed (3%)
  • Series C (3%)

Country Focus

  • United States (77%)
  • United Kingdom (6%)
  • Canada (6%)
  • Switzerland (3%)
  • Norway (3%)
  • Germany (3%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Biotechnology
  • Waste Management
  • Information Technology
  • Cleantech
  • Renewable Energy
  • Agtech
  • Machine Learning
  • Mineral
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Earthshot Ventures frequently co-invest with?

MCJ Collective
North America, Massachusetts, United States, Boston
Co-Investments: 3
Climate Capital
North America, California, United States, San Francisco
Co-Investments: 4
WV
North America, California, United States, Palo Alto
Co-Investments: 3
Equinor Ventures
Europe, Rogaland, Norway, Stavanger
Co-Investments: 3
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 4
Samsung NEXT
North America, California, United States, Mountain View
Co-Investments: 3
Breakthrough Energy Ventures
Europe, Ile-de-France, France, Paris
Co-Investments: 4
Lowercarbon Capital
North America, Wyoming, United States, Jackson
Co-Investments: 4
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 3
IBM
North America, New York, United States, Armonk
Co-Investments: 3

Which angels does Earthshot Ventures often collaborate with?

Balaji Srinivasan
Asia, Central Region, Singapore, Singapore
Shared Deals: 1
JD
North America, California, United States, Menlo Park
Shared Deals: 1
PT
North America, California, United States, San Francisco
Shared Deals: 1
AM
North America, California, United States, San Francisco
Shared Deals: 1
TS
North America, California, United States, San Francisco
Shared Deals: 1
TD
North America, Washington, United States, Seattle
Shared Deals: 1
NH
North America, California, United States, San Francisco
Shared Deals: 1
CC
North America, California, United States, San Francisco
Shared Deals: 1
KV
North America, California, United States, San Francisco
Shared Deals: 1
CC
North America, California, United States, Palo Alto
Shared Deals: 1

What are some of recent deals done by Earthshot Ventures?

Ceramic

San Francisco, California, United States

Ceramic operates as an Artificial Intelligence company.

Artificial Intelligence (AI)Software
SeedMar 5, 2025
Amount Raised: $12,000,000
Ceramic.ai

Mountain View, California, United States

Ceramic.ai builds enterprise-grade infrastructure to optimize how companies train and deploy their AI models

Artificial Intelligence (AI)SoftwareTraining
SeedMar 5, 2025
Amount Raised: $12,000,000
Klim

Berlin, Berlin, Germany

Klim mission is to scale up regenerative agriculture to make agriculture part of the climate solution

AgricultureImpact InvestingSoftwareSustainability
Series ANov 12, 2024
Amount Raised: $22,000,000
KoBold Metals

Berkeley, California, United States

KoBold Metals is an AI-powered critical mineral startup that discovers essential materials for electric vehicles and renewable energy.

Artificial Intelligence (AI)MineralMiningSoftware
Series COct 4, 2024
Amount Raised: $537,000,000
Vaulted Deep

Houston, Texas, United States

Vaulted Deep provides proven technology solutions for permanent carbon removal to promote local environmental and community health.

Energy EfficiencyEnvironmental EngineeringWaste Management
Series AOct 2, 2024
Amount Raised: $32,300,000
Ceramic

San Francisco, California, United States

Ceramic operates as an Artificial Intelligence company.

Artificial Intelligence (AI)Software
SeedAug 14, 2024
Amount Raised: $12,000,000
Etched.ai

San Francisco, California, United States

Etched.ai is an AI chip startup that develops Sohu, a chip designed specifically for running transformer models.

Artificial Intelligence (AI)ComputerHardware
Series AJun 25, 2024
Amount Raised: $120,000,000
SuperCircle

New York, New York, United States

SuperCircle develops a tech platform and reverse logistics system that powers circularity for retail brands.

CleanTechRetail TechnologyWaste Management
SeedNov 14, 2023
Amount Raised: $7,000,000
Parade

San Francisco, California, United States

Parade is the leading capacity management platform for freight brokerages.

Enterprise ApplicationsLogisticsTransportation
Series UnknownSep 14, 2023
Amount Raised: $17,000,000
Vaulted Deep

Houston, Texas, United States

Vaulted Deep provides proven technology solutions for permanent carbon removal to promote local environmental and community health.

Environmental EngineeringWaste Management
SeedSep 7, 2023
Amount Raised: $8,000,000