Decarbonization Partners, a joint venture by BlackRock and Temasek, focuses on investing in late-stage venture and early-growth private companies that accelerate decarbonization across global industries and economies. Their dual-purpose strategy aims to generate attractive long-term financial returns while driving measurable decarbonization outcomes through investments in proven, scalable technologies.
50% of their portfolio is in Climate & Energy. Their most common stage is growth (50% of deals). Average disclosed round size is $173.0M (across 3 rounds with reported amounts).
Portfolio
4
Fund Size
$1.4B
Top Stage
Growth
Last 12 Mo
0
Team
DM
Dr. Meghan Sharp
Global Head and Chief Investment Officer
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
4 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| NNeustark | Growth | $69M | Jun 2024 |
 Antora Energy | Series B | $150M | Feb 2024 |
 MycoWorks | Unknown | — | Apr 2022 |
 Monolith | Growth | $300M | — |
Top Co-Investors
Emerson Collective1 shared
GS Futures1 shared
the Nature Conservancy1 shared
First Trust Capital Partners1 shared
Lowercarbon Capital1 shared
Breakthrough Energy Ventures1 shared
bp ventures1 shared
Grok Ventures1 shared
TPG Rise Climate1 shared
Blume Ventures1 shared
Siemens Financial Services1 shared
Verve Ventures1 shared
AC Ventures1 shared
UBS1 shared
Last updated: 5 March 2026