Elemental Partners are some of the most forward-thinking businesses, philanthropists, community organizations, and government agencies

Corporates and Investors

We strategically partner with corporations and corporate venture capital groups committed to decarbonization and innovation. Our partners are focused on investing in and deploying solutions that can enhance their core operations or help launch new business lines. We provide curated dealflow, customized scouting, access to our deep pipeline, invite-only investor events, and proprietary insights on the latest climate tech trends that will move markets.

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

National Grid Partners is the venture investment and innovation arm of National Grid plc.

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

PTT, a Fortune 500 and a member of World DJSI, is a fully integrated energy and petrochemical company in Thailand, with global footprints.

SK Gas is looking for technologies that bring innovation to the energy sector and has high interest in service solutions that are built around enhancing engagement with end customers.

Kilroy owns and manages innovative, sustainable properties located in vibrant business epicenters.

Pacific Gas and Electric Company is one of the largest combined natural gas and electric energy companies in the United States.

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.

Severn Trent is a UK-based water and wastewater company in the FTSE 100 (100 largest companies in the UK). The Severn Trent Water Authority was created as one of 10 state-run regional water utilities in 1973, and became a private company when the UK privatized its water sector in 1989. Today, the company serves 4.3 million homes and businesses in the Midland region.

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.

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

HomeServe USA is an independent provider of home repair service solutions since 2003. HomeServe serves more than 4 million homeowners in the U.S. and Canada and offers services with more than 700 municipal, utility and association partners in the US. And Canada.

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.

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.

Ara Ake is New Zealand’s national new energy development centre, leading and facilitating the development of low-emissions energy innovation.

In June 2020, Amazon announced The Climate Pledge Fund to support the development of sustainable and decarbonizing technologies and services.

Partners and Collaborators

We also partner deeply with diverse leaders from business, community-based organizations, non-profits, government, investors, and philanthropy to unlock opportunities and demonstrate what’s possible in the sectors that matter most for climate change. We co-create strategies that include climate technology innovation and local community knowledge, provide access to our portfolio and pipeline for investment or partnership, develop tools and uplift practices to build more equity, diversity, and on-ramps to education and workforce opportunities in technology, and more. 

In 2013, the U.S. Navy made a $30 million commitment to our program, and in 2017, they doubled down and made another $30M+ commitment.

Emerson Collective is a social change organization that is working to renew some of society’s most calcified systems.

Private, educational, charitable Native Hawaiian trust

Hawai'i Energy empowers island families and businesses to make smarter energy choices.

Conservation International is working to build a healthier, more prosperous, and more productive planet through science, policy, and partnerships with countries, communities, and companies. Over the years, they have helped support 1,200 protected areas and interventions across 77 countries, protecting more than 601 million hectares of land, marine, and coastal areas.

The Schmidt Family Foundation, established by Wendy and Eric Schmidt in 2006, brings philanthropic resources to some of this century’s greatest challenges across the globe. Applying new knowledge and innovation is our model for problem solving and for advancing original research in science, energy and the sustainability of the world’s biosphere.

United Airlines is flying toward a more sustainable future.

Elemental Excelerator is partnering with HCF in looking at innovative ways to increase water efficiency, transparency, and supply.

HTDC aims to accelerate the growth of Hawaii's technology industry by providing capital, building infrastructure and developing talent to foster innovation.

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

Since our roots in the Hawaii Clean Energy Initiative, we have worked closely with the State Energy Office to support innovation-friendly policies.

Coming out of the Hawaii Clean Energy Initiative, a model for states pursuing an aggressive transition to renewable energy, the U.S. Department of Energy set aside funding for innovation. This became the seed funding for Elemental Excelerator.

American Savings Bank is Hawaii's third-largest financial institution and is a subsidiary of Hawaiian Electric Industries.

Ulupono is a Hawaii-focused impact investing firm.

The Connecticut Center for Applied Separations Technologies (CCAST) is not for profit organization at the University of Connecticut who is dedicated to supporting the development, demonstration, and deployment of advanced and innovative separation technologies.

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How Are Our Companies & Partners
Working Together?

We drive toward four outcomes: investments, pilot projects, commercial-scale roll outs, and acquisitions.

VIA Partners with Hawaiian Electric and Vector on Substation Transformer Fleet Management

VIA (cohort 6) and Hawaiian Electric are pleased to share that Hawaiian Electric has joined Global Data Asset Collaborative (GDAC™) alongside Vector. The Collaborative's goal is to reduce unexpected issues or failures, determine the right spare equipment inventory levels, and reduce the frequency of corrective maintenance.

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Vector and Chargetrip partner to ease ‘range and charge anxiety’ among EV users

Auckland energy company Vector and Dutch start-up Chargetrip (cohort 7) have teamed up to ease ‘range and charge anxiety’ among New Zealand’s rapidly growing number of electric vehicle (EV) users. To help fund the app’s adaptation to the New Zealand market, Vector and Chargetrip have been awarded a grant from Elemental Excelerator.

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Ulupono Initiative Invests In Carbon Lighthouse

Carbon Lighthouse (cohort 4), which has been working with Alexander & Baldwin on increasing energy efficiency and reducing carbon emissions at four of its buildings, has raised $27 million in growth round funding, including a $3 million investment by Ulupono Initiative, the Hawaii-based impact investing firm founded by eBay founder Pierre Omidyar and his wife, Pam.

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National Grid and TEPCO invest in Opus One

National Grid and Tokyo Electric Power jointly invested in Opus One (cohort 6) through Energy Impact Partners. Opus One is building a dynamic software platform that gives utilities, owners of distributed energy resources (DERs), and other market participants real-time insight into the DNA of the electricity distribution grid.

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