Global Track
We invest $300,000 into growth-stage companies to deploy and scale projects around the world.
This year, we kicked off our Global Track to invest into mature, high-impact startups that are seeking global and commercial expansion.
Elemental will play a lighter role in project and stakeholder support than we do for our Project Track.
As a nonprofit organization, we ask for an equity donation to our program. It is our philosophy that when you succeed, part of that success should go back to supporting the ecosystem for future entrepreneurs.
Who should apply?
Team
- Diverse and experienced teams with deep knowledge of their industries, proven track records of execution, and dedication to Equity & Access work.
- Strong teams should be able to support multiple project deployments, typically a senior executive to drive toward signature of a commercial contract with the customer and a dedicated project manager to be implementing the project and be dedicated to customer success.
Maturity
- Companies with a scalable business model and an appetite for expansion.
- Typically Series B and beyond with at least five paying customers in at least two geographic locations.
Project
- A project concept that is high-impact and in line with the company’s core business strategy.
- Each project must include an Equity & Access component which speaks to the history and culture of each place.
- A letter of intent (LOI) with a cost-share customer is required.
- Our goal is to select projects that can be completed in 16 months, can scale by a minimum of 10x after completion, and, if the implementation is successful, the partner or customer should be able to continue using the technology going forward.
We do not fund:
- Companies with fewer than 2 full-time team members
- Companies without an operating prototype
- Project developers selling third-party products
- Consulting firms
- Marketing or PR agencies
- Nonprofits
- Acquired startups
Timeline
(Projects must be deployed in 16 months)
Kickoff Week
The cohort comes together for the first time for a week of workshops and facilitated discussions that advance companies toward strategy goals, project milestones, and other key commercial inflection points.
CxO Summit
100+ leadership teams from our newest cohort and alumni companies share networks, knowledge, and insights over the course of a 2-3 day summit.
Interactive
We introduce you to investors actively funding companies in the energy, water, agriculture, mobility, and circular economy sectors.
SOLUTIONS:
As the world transitions to cleaner energy and renewables become both cheaper and better than fossil fuels, we need to invest in the next level of innovations that democratize energy, optimize current energy systems, and support the electrification of built and rural environments across the globe. We are looking forward to finding some of the most impactful technologies that will lead us to an integrated energy decarbonization roadmap and a more sustainable future.
SOLUTIONS:
As we reach new heights of mobility innovation, we are excited to see how companies are building business models and strategies to encourage mass adoption of electric fleets, slash emissions from freight and aviation, and deliver new revenue streams to cities buckling under the weight of the pandemic. The future of movement will be driven by the alignment of technology and mission, and we are looking for entrepreneurs with a deep understanding of the need to accelerate a just transition to clean, equitable mobility systems.
SOLUTIONS:
The inefficiency and fragmentation of our global food system have been starkly illuminated over the past year. To build resilience, we need to deliver better tools to help farmers produce more with less while continuing their stewardship of the land. Given the growing inequity in communities across the world, we’re especially interested in solutions that increase access to food, tools, land, and resources for frontline communities and farmers. As we work to curb the climate impacts of feeding a growing population, we’re also looking for regenerative solutions needed to help remove carbon from the atmosphere.
SOLUTIONS:
In the last year, inequities around access to clean, safe water have become even more pronounced while our critical water systems continue to be tested by emerging contaminants, aging infrastructure, and climate-related stresses. At the same time, we’ve seen just how resilient the sector can be. Moving forward, there is a real opportunity for the next generation of technologies to demystify water and provide a holistic understanding of how people, companies, and cities can collaborate to become better water stewards.
SOLUTIONS:
The circular economy is a broad umbrella — covering everything from carbon capture and utilization to innovative reuse models — but driving it all is the idea that we need to abandon the linear, extractive model and reconceptualize how we treat resources. Entrepreneurs are transforming the way we make materials, chemicals, clothing, buildings, and everything else in our daily lives to be less climate-intensive. I’m particularly excited to see how both nature-based and technological solutions can improve our existing systems and reach the scale needed to break the ‘take, make, waste’ model for good.