Azolla Ventures is an impact-first venture capital firm that deploys catalytic capital to support early-stage climate breakthroughs overlooked by traditional capital sources. It was launched by Prime Coalition and manages the $239 million Azolla Fund I.
53% of their portfolio is in Climate & Energy. They made 3 investments in the last 12 months. Their most common stage is seed (80% of deals). Average disclosed round size is $7.4M (across 15 rounds with reported amounts).
Portfolio
13
Fund Size
$239M
Top Stage
Seed
Last 12 Mo
4
Team
Amy Duffuor
Co-founder & General Partner
Johanna Wolfson
Co-founder & General Partner
Matthew Nordan
Co-founder & General Partner
Ally Harada
Partner & Chief Operating Officer
John Mulliken
Operating Partner
Af Hernandez
Principal
Jillian Chase
Principal
Carrie Winters
Executive Assistant
Eric Yao
InvestmentAnalyst
Erik Knall
InvestmentAssociate
Nolan English
Head of Platform
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 EQON | Seed | $6M | Jul 2026 |
 Scalvy | Series A | $13.9M | Mar 2026 |
| EQON | Seed | $6M | Jan 2026 |
 ERG Bio | Seed | $6.5M | Nov 2025 |
| NNZN | Seed | $6.6M | Jul 2025 |
 Carbon Reform | Unknown | $5.5M | Jan 2025 |
 Sitration | Seed | $11.8M | Jun 2024 |
 Funga | Seed | $4M | Feb 2023 |
| Funga | Seed | $4M | Dec 2022 |
 Oxylus Energy | Seed | $4.5M | — |
 NetZeroNitrogen | Seed | $6.6M | — |
 Still Bright | Seed | $18.7M | — |
 Aikido Technologies | Seed | $4M | — |
 Heaten | Seed | $8M | — |
| MMafix | Pre-Seed | $5.4M | — |
Top Co-Investors
Last updated: 8 September 2026