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    Evergreen Climate Innovations logo

    Evergreen Climate Innovations

    Chicago, Illinois, United StatesFounded 2010

    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.

    Their most common stage is pre-seed (43% of deals). Average disclosed round size is $13.6M (across 6 rounds with reported amounts).

    Find people at Evergreen Climate Innovations on Goldilocks AI

    Portfolio

    7

    Fund Size

    Top Stage

    Pre Seed

    Last 12 Mo

    0

    Team

    Ian Adams

    Ian Adams

    Managing Director

    Paul Seidler

    Paul Seidler

    Managing Director

    Dylan O’Reilly

    Dylan O’Reilly

    Program Director

    Estelle Richards

    Estelle Richards

    Director, Operations

    Rachel Sebald

    Rachel Sebald

    Director, Marketing and Communications

    Shashank Churukanti

    Shashank Churukanti

    Investment Principal

    Marc Altman

    Marc Altman

    Senior Vice President, Strategy & Growth

    Simone Perrin

    Simone Perrin

    Strategic Partnerships Associate

    Elena Loke

    Elena Loke

    Program Manager

    Michelle Carr

    Michelle Carr

    Chief Executive Officer

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    7 investments
    CompanyRoundAmountDate
    New Iridium logoNew IridiumSeed$2.6MJun 2025
    Grid Status logoGrid StatusSeed$8MAug 2024
    NanoGraf logoNanoGrafSeries B$65MFeb 2023
    Kadeya logoKadeyaPre-Seed$492KOct 2022
    CorePower Magnetics logoCorePower MagneticsPre-Seed$2.5MJan 2022
    CACHE Energy logoCACHE EnergyPre-Seed
    Lakril Technologies logoLakril TechnologiesUnknown$3.1M

    Top Co-Investors

    Energize Capital1 shared
    NFDG1 shared
    Techstars1 shared
    Material Impact1 shared
    GOOSE Capital1 shared
    Emerald Technology Ventures1 shared
    Radicle Growth1 shared
    Wells Fargo1 shared

    Last updated: 7 September 2026