Evergreen Climate Innovations (formerly Clean Energy Trust) is a Chicago-based nonprofit that provides catalytic capital and hands-on support to early-stage climate technology startups across the Greater Midwest. It invests through its 501vc® revolving fund model, making seed investments in areas such as renewable energy, energy storage, advanced materials, water, and sustainable agriculture.
30% of their portfolio is in Climate & Energy. Their most common stage is pre-seed (40% of deals). Average disclosed round size is $16.9M (across 9 rounds with reported amounts).
Portfolio
8
Fund Size
—
Top Stage
Pre Seed
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
10 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 New Iridium | Seed | $2.6M | Jun 2025 |
 Grid Status | Seed | $8M | Aug 2024 |
 NanoGraf | Series B | $65M | Feb 2023 |
| NanoGraf | Series B | $65M | Jan 2023 |
 Kadeya | Pre-Seed | $492K | Oct 2022 |
 CorePower Magnetics | Pre-Seed | $2.5M | Sep 2022 |
| CorePower Magnetics | Pre-Seed | $2.5M | Jan 2022 |
 Cache Energy | Pre-Seed | — | — |
 Living Ink | Unknown | $3M | — |
 Lakril | Seed | $3.1M | — |
Top Co-Investors
Volta Energy Technologies4 shared
Radicle Growth2 shared
Material Impact2 shared
TechNexus Venture Collaborative2 shared
Wells Fargo2 shared
Plug and Play Tech Center1 shared
Citi Ventures1 shared
Energize Capital1 shared
NFDG1 shared
Unshackled Ventures1 shared
Techstars1 shared
GOOSE Capital1 shared
Hyde Park Venture Partners1 shared
Emerald Technology Ventures1 shared
Engine Ventures1 shared
Baruch Future Ventures1 shared
Katapult1 shared
University of Chicago1 shared
GC Ventures1 shared
Last updated: 20 October 2026