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Third Derivative

North America, Colorado, United States, Boulder

Description

Third Derivative is an accelerator focused on clean energy and climate tech.

Investor Profile

Third Derivative has backed more than 17 startups, with 3 new investments in the last 12 months alone. The firm has led 2 rounds, about 12% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Convertible Note rounds (top funding stages).
  • Majority of deals are located in United States, Indonesia, Kenya.
  • Strong thematic focus on Transportation, Energy, Biotechnology.
  • Led 1 rounds in the past year.

Stage Focus

  • Seed (47%)
  • Pre Seed (24%)
  • Convertible Note (12%)
  • Series A (12%)
  • Non Equity Assistance (6%)

Country Focus

  • United States (53%)
  • Indonesia (12%)
  • Kenya (12%)
  • United Kingdom (6%)
  • Nigeria (6%)
  • Canada (6%)
  • Italy (6%)

Industry Focus

  • Transportation
  • Energy
  • Biotechnology
  • Automotive
  • Electric Vehicle
  • Construction
  • Manufacturing
  • Public Transportation
  • Energy Storage
  • Environmental Engineering
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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 Third Derivative frequently co-invest with?

HAX
North America, California, United States, San Francisco
Co-Investments: 2
Climate Capital
North America, California, United States, San Francisco
Co-Investments: 3
AgFunder
North America, California, United States, San Francisco
Co-Investments: 1
SOSV
North America, New Jersey, United States, Princeton
Co-Investments: 3
Fashion For Good
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 1
Lifely VC
South America, Rio de Janeiro, Brazil, Rio De Janeiro
Co-Investments: 1
Temasek Life Sciences Accelerator
Asia, Central Region, Singapore, Singapore
Co-Investments: 1
VE
North America, Colorado, United States, Snowmass Village
Co-Investments: 2
Rumah Group
Asia, Central Region, Singapore, Singapore
Co-Investments: 1
Activate
North America, California, United States, Berkeley
Co-Investments: 1

Which angels does Third Derivative often collaborate with?

TM
North America, California, United States, Santa Monica
Shared Deals: 1
PP
North America, California, United States, Manhattan Beach
Shared Deals: 1

What are some of recent deals done by Third Derivative?

SUN METALON

Chicago, Illinois, United States

SUN METALON provides cost-effective technology to decarbonize metal manufacturing through recycling, refining, and forming.

ManufacturingRecyclingWaste Management
Non Equity AssistanceJun 9, 2025
Capture6

Berkeley, California, United States

Capture6 is a direct air capture start-up leveraging its technology to support climate resilience and industrial decarbonization.

Carbon CaptureClean EnergyCleanTechGreenTech
Series AMar 11, 2025
Amount Raised: $27,500,000
Terran Robotics

Bloomington, Indiana, United States

Terran Robotics is a construction company that specializes in AI and robotics.

Artificial Intelligence (AI)ConstructionRoboticsSmart BuildingSmart Home
Pre SeedOct 7, 2024
Blitz Electric Mobility

Jakarta, Jakarta Raya, Indonesia

Blitz is a data-driven EV logistic startup in Indonesia, bringing instant & same day electric delivery capabilities to enterprises

AutomotiveElectric VehicleLogisticsSoftwareTransportation
SeedNov 1, 2023
Amount Raised: $1,600,000
Wild Microbes

Cambridge, Massachusetts, United States

Wild Microbes is developing a microbial platform to produce faster and cheaper sustainable products from plastic to protein.

Alternative ProteinBiotechnologyGenetics
Pre SeedFeb 21, 2023
Amount Raised: $3,300,000
Kelp Island

Vancouver, British Columbia, Canada

Kelp Island manufactures negative emission materials to replace concrete and steel in marine infrastructure.

ConstructionManufacturing
Pre SeedJan 1, 2023
Terran Robotics

Bloomington, Indiana, United States

Terran Robotics is a construction company that specializes in AI and robotics.

Artificial Intelligence (AI)ConstructionRoboticsSmart BuildingSmart Home
SeedOct 13, 2022
MYCL | Mycotech Lab

Bandung, Jawa Barat, Indonesia

Mycotech is a mining company which deals on future bio-material with agricultural waste to empower farmers.

Advanced MaterialsBiotechnologyFashion
SeedSep 27, 2022
Amount Raised: $1,200,000
Renewell Energy

Bakersfield, California, United States

Oil wells that end well.

EnergyEnergy StorageEnvironmental EngineeringOil and GasRenewable Energy
SeedAug 27, 2022
Amount Raised: $3,400,000
Power to Hydrogen

Columbus, Ohio, United States

Power to Hydrogen develops advanced AEM electrolyzers that integrate with renewables while eliminating precious, expensive metals.

Clean EnergyCleanTechEnergy StorageOil and Gas
Convertible NoteJul 15, 2022
Amount Raised: $100,000