Just Climate is a climate-led investment business established by Generation Investment Management in 2021, headquartered in London. It deploys growth equity and project finance into high-impact climate solutions targeting hard-to-abate industries such as energy, transport, heavy industry, and buildings. Its inaugural fund, Climate Assets Fund I, closed at $1.5 billion in June 2023.
Deal activity increased 100% year-over-year (2 deals in the last 12 months). Average disclosed round size is $148.7M (across 6 rounds with reported amounts).
Portfolio
9
Fund Size
$1.5B
Top Stage
Series B
Last 12 Mo
2
Team
Andy Wiley
Managing Director
Flavio Deluiggi
Managing Director
Natalie Arrieta
Managing Director
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
9 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Tropic | Series C | $105M | Mar 2026 |
| TTropic Biosciences | Bridge | $105M | Mar 2026 |
 Nature Metrics | Series B | — | Jan 2025 |
 NatureMetrics | Series B | — | Jan 2025 |
 Ascend Elements | Series D | $162M | Feb 2024 |
 Infinitum | Series E | $185M | Nov 2023 |
| GGoinfinitum | Series E | $185M | Nov 2023 |
| HH2 Green Steel | Series B | — | — |
| CContinuum Green Energy | Unknown | $150M | — |
Top Co-Investors
EDF Pulse Ventures2 shared
Five Seasons Ventures2 shared
IQ Capital2 shared
Forbion2 shared
ABN AMRO Ventures2 shared
Polaris Partners2 shared
Corteva2 shared
Galvanize Climate Solutions2 shared
Ajax Strategies2 shared
Cottonwood Technology Fund2 shared
Rockwell Automation2 shared
Chevron Technology Ventures2 shared
Riverstone Holdings2 shared
IRONGREY1 shared
Clearvision Ventures1 shared
Cencora Ventures1 shared
NGP Capital1 shared
Ananda Impact Ventures1 shared
Last updated: 8 September 2026