Over the past 15 years, we’ve invested in early commercial technologies and deployed projects in big cities and small towns across the U.S. and around the world. In 2024, we marked a major milestone: with support from more than 40 philanthropic and government funders, we became Elemental Impact—an evolution from Elemental Excelerator that reflects our expanded investment platform and growing portfolio.
This past year we invested in 36 innovative companies. Today, our portfolio includes more than 160 companies that have catalyzed $11.5 billion in additional funding and created over 17,000 jobs. These companies make energy more reliable and affordable, help farmers grow food in changing conditions, strengthen domestic supply chains, and create jobs throughout the U.S. and beyond.
And yet, when it comes to broad adoption of these critical technologies, we face a growing challenge: the Scale Gap. Hundreds of companies are ready to deploy, but face a shortfall in funding and expertise to cross the bridge from early traction to full-scale impact. This report shares how Elemental is helping to close that gap and clearing the path to bankability—with catalytic capital, expert coaching, and local partnership.
Read our 2024 Annual Report to learn how we’re scaling impactful technologies.
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