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2024 Annual Report

Investing in Entrepreneurs. Deepening Local Impact.

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Investing Through the Scale Gap

How catalytic capital is powering the next generation of climate solutions.

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Drilling for Jobs

How Fervo Energy is building the workforce to deliver American energy abundance

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16 new investments

Creating jobs and local impact

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Closing the $150B Funding Gap

A collaborative report between Elemental Impact and Boston Consulting Group detailing the critical challenges and opportunities in scaling climate technology

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How we work

Elemental Impact is a nonprofit investor in climate technologies with deep local impact.

We have 15 years of experience advancing innovative technology projects for maximum climate impact and regional economic development. Through our platform, we deploy catalytic capital and provide expert services to a portfolio of 160+ companies across energy, agriculture, transportation, industry, and nature-based solutions.

A letter from our CEO
160+

Portfolio companies

150+

Projects

$18M

Invested into 16 new companies

Portfolio Companies

160+ portfolio companies

Elemental Projects

Featured deployments across communities in the U.S. and beyond

Partners

Collaborating across government, corporate, community, and investor groups

Team

Meet the Elemental Impact team

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Latest

New Investments

16 Entrepreneurs Building New Climate Technologies Creating Jobs and Local Economic Impact

Tackling the funding gap between industry innovation and widespread adoption.
Tools and Insights

Closing the $150B funding gap with ‘old tools’ and ‘new friends’

Actionable solutions to ensure that the technologies most needed to make our planet and communities cleaner, safer, and healthier are widely available.
Tools and Insights

Announcing the D-SAFE, a new tool for fast-tracking development funding

Created in partnership with law firm Wilson Sonsini Goodrich & Rosati, the D-SAFE is a new mechanism to streamline development funding for climate projects and address the $150B Scale Gap.
From Our CEO

Reflections on 2024: Sharing our Project Playlist

In our years investing in first-of-a-kind (FOAK) and early commercial projects, 2024 felt like a turning point.
Elemental Projects

Fervo Energy, Southern Utah University, and Elemental Impact Launch Geothermal Apprenticeship Program

The new workforce development program focused on subsurface operations will provide hands-on and virtual instruction for up to 40 individuals through 2024.

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