Elemental Excelerator is currently accepting applications from climate tech startups to become a part of its 13th cohort and receive up to $3 million in funding to scale up “climate solutions with deep community impact.” In addition to the funding, the organization will also provide the approved startups with “tailored, wraparound support to address critical gaps in operations, sales, equity and access, policy, corporate agreements, and more.
“As climate financing evolves, we’re committed to addressing critical funding gaps and expanding opportunities for impactful projects. Over the past five years, we’ve observed a growing disparity between early- and late stage funding, particularly for project deployments. To bridge this gap, Elemental is rolling out its largest capital opportunity yet, along with expanded services for project development, finance and community engagement.
“For over 14 years, Elemental has been fostering a vibrant community of entrepreneurs, having made investments in over 150 companies to date. Not only has the organization invested over $79 million in its portfolio companies, but these ventures have also collectively raised over $10 billion in follow-on funding.”