Mobility

Transportation accounts for the largest share of greenhouse gas (GHG) emissions in the U.S. and more than 16% of global GHG emissions. This, and the fact that mobility is highly correlated with economic opportunity and quality of life, guides our investment in new mobility solutions.

 

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Can we change the way we MOVE?

We Invest In:

  • Affordable, appealing, and reliable mobility options for those most in need – disabled, seniors and frontline communities
  • Increased convenience, appeal and access to electric transportation for commercial fleet operators
  • Technologies that unlock new revenue models for cities
  • Reduced emissions in heavy freight, shipping, logistics, and air travel
  • New data insights to improve cities’ operational and resource efficiency 
  • Enhanced roadway infrastructure safety, resiliency and disaster planning

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.

 

Danielle Harris | Director of Mobility Innovation

We Take a Systems Approach to Innovation

Mobility x Energy

The race to electrification is on for automakers, vehicle manufacturers, and freight and aviation companies. We invest in companies like Proterra whose first product is an all-electric bus, KIGT who is commercializing a smart vehicle-to-grid EV charger, and ChargerHelp! who is building a diverse workforce around EV charger maintenance.

Mobility x Infrastructure

Infrastructure and roadway design has been used to separate communities. We invest in companies like Numina and Remix with software and data tools that embed equity and sustainability into infrastructure design, and companies like Dollaride and WhereIsMyTransport that help to fill the gap in reliable and affordable mobility options for frontline communities.

Mobility x Freight

Shipping and aviation account for about 4% of global GHG emissions. If shipping were a country, it would be the 6th largest emitter of CO2. We invest in companies like Xos whose is building medium- to heavy-duty electric vehicles for companies like UPS and Loomis, and Signol who is incentivizing efficient fuel use for the aviation, shipping, and trucking industries.

A Platform For Global Impact

We have built a platform for startups primed for commercial growth to collaborate with corporates, philanthropists, VCs, policymakers, and community organizations to achieve global impact. Meet some of our closest partners in this sector. 

Servco Pacific Inc. is Hawaii's largest privately held company.

Vector is New Zealand’s largest distributor of electricity and gas. They challenge and reinvent the way communities and businesses are powered and connected.

Hawaiian Electric Industries was our first Global Partner. Together we have partnered on nearly a dozen demonstration projects.

Cummins Inc., headquartered in Columbus, IN, is an independent global leader in powertrains for industrial power systems. Recognizing the pace of innovation and the evolution occurring in today’s energy markets, Cummins Growth Office is working closely with Elemental Excelerator to identify and partner with startups developing innovative energy solutions to complement and expand the Cummins product and service portfolio.

GS is comprised of GS Holdings and various subsidiaries and affiliates including GS Energy, GS Caltex, GS Retail, GS SHOP, GS EPS, GS Global, GS E&R, GS Sports and GS E&C. GS is the 7th largest business group in Korea in terms of assets.

Acario is the Silicon Valley based Corporate Venture and Open Innovation arm of Tokyo Gas, the largest gas utility in Japan. Upon the deregulation of the electricity and gas markets in Japan, Acario was created to explore and invest in emerging technologies in the new energy and sustainability sectors. Their current investment focus areas include mobility solutions, renewables and energy storage, next-generation grid infrastructure and services, and sustainability.

Chubu Electric Power is the third largest electric power utility in Japan.

EDF is a global, integrated energy company, one of the world's largest electricity producers, with 90% of its electricity carbon free.

Schneider Electric provides energy and automation digital solutions for efficiency and sustainability.

NextEra Energy, Inc. is a Fortune 200 energy company with about 45,900 megawatts of generating capacity throughout the United States and Canada. It is the largest electric utility holding company by market capitalization, and together with its affiliated entities, it is the world's largest generator of renewable energy from the wind and sun.

How Do I Get Involved?

For Startups

Apply for $200,000 - $500,000 in funding and resources to help companies reach commercial scale.

How to Apply

FOR CORPORATES, INVESTORS, PHILANTHROPISTS, GOVERNMENT, AND COMMUNITY ORGANIZATIONS

Learn more about how we work with partners to invest in and acquire startups, pilot new technology, and roll-out commercial-scale projects.

Partner Program

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