• Elemental Navigator

    Curated access to climate technology for corporations, investors and industry partners

We are a commercialization catalyst for growth-stage companies.

We invest in companies and bring commercial opportunities to entrepreneurs who are building world-changing companies.

Building on 10 years of experience working with entrepreneurs, we offer three investment opportunities to help startups reach new commercial inflection points

Strategy Track

$200,000 and Market Intelligence, Sales & Growth, Operational Scale-up, Messaging, Fundraising, and Equity & Access strategy coaching

STAGE: Any stage
LOCATION: Startups doing work around the world

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Project Track

$500,000 in project funding and customized support to help companies buy down the risk of trying something new and transformational

STAGE: Typically Series A and beyond
LOCATION: Project deployments in Hawaiʻi and California

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Global Track

$300,000 funding into mature, high-impact startups that are seeking global and commercial expansion

STAGE: Typically Series B and beyond
LOCATION: Project deployments around the world

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We have awarded $43 million to 117 startups and 71 projects.

The results? $1.5 billion in follow-on funding, 87% of our active portfolio companies are generating revenue, and 14 acquisitions.

You might notice that we no longer have an Equity & Access track. But our Equity & Access work hasn't gone anywhere. In fact, it's gone everywhere.

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Tap into our network of partners & investors

Throughout the year we facilitate introductions between startups, investors, and close partners who are committed to supporting the growth of the climate tech industry through direct investment or commercial opportunities. Below is a subset of some of our partners.

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

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.

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.

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

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

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.

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

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

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

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

ENGIE is a global energy player operating in 70 countries and employing 150,000+ people worldwide. ENGIE New Ventures is the corporate venture arm of the ENGIE Group and is one part of ENGIE’s multi-pronged approach to globally lead the 3D transformation of energy: Decarbonization, Decentralization and Digitization.

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.

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.

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.

Equinor Energy Ventures is a corporate venture fund that invests in clean energy startups. The fund was established in February 2016 as part of Equinor’s business within New Energy Solutions, reflecting the company’s aspirations to expand its oil and gas portfolio to renewable energy and low-carbon solutions. 

Portland General Electric, is a public utility based in Portland, Oregon. For more than 130 years, PGE has been powering customers’ lives, delivering energy that is safe, reliable and affordable. Today, customers expect more. They also want their energy to be clean and secure. PGE is committed to helping customers and the communities they serve achieve a clean energy future.

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

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.

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.

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.

Ulupono is a Hawaii-focused impact investing firm.

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

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

Kurita Group, headquartered in Japan, is a global water and environment company. Kurita provides comprehensive solutions by integrating its capabilities in water treatment chemicals, water treatment facilities, and maintenance services.

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

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

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.

Elemental Partners
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