Microsoft Climate Innovation Fund
Redmond, Washington, United StatesFounded 2020
Microsoft's Climate Innovation Fund is a $1 billion corporate investment initiative launched in 2020 to accelerate the development and deployment of emerging climate technologies through equity and debt capital. It invests in areas including carbon removal, advanced energy systems, industrial materials, circular economy, water technologies, and sustainable agriculture.
65% of their portfolio is in Climate & Energy. Average disclosed round size is $127.9M (across 29 rounds with reported amounts).
Portfolio
27
Fund Size
$1B
Top Stage
Series A
Last 12 Mo
0
Team
EB
Erika Basham
Director, Natural Capital Investments
BM
Brandon Middaugh
GM, Sustainable Markets & Climate Innovation
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
34 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Group 14 Technologies | Series D | — | Aug 2025 |
| GGroup14 | Series D | $463M | Aug 2025 |
 Climate Robotics | Series A | $21.5M | Aug 2024 |
 Applied Carbon | Series A | $21.5M | Jul 2024 |
| Climate Robotics | Series A | $21.5M | Jan 2024 |
| YYard Stick PBC | Series A | $12M | Nov 2023 |
 Eavor | Growth | $182M | Oct 2023 |
 Vibrant Planet | Series A | $15M | Oct 2023 |
 Electric Hydrogen | Series C | — | Oct 2023 |
 Redwood Materials | Series D | $1B | Aug 2023 |
| YYard Stick PBC | Series A | $10.6M | Aug 2023 |
 Rondo Energy | Unknown | $60M | Aug 2023 |
 SustainCERT | Series B | $37M | Jun 2023 |
 Mitiga Solutions | Series A | $14.4M | May 2023 |
 Ampsortation | Series C | $99M | May 2023 |
| BBlocpower Io | Series B | $24M | Mar 2023 |
| Group 14 Technologies | Series C | $614M | Dec 2022 |
 Moxion Power Co. | Series B | $100M | Sep 2022 |
 CrossBoundary Energy | Unknown | $25M | Jun 2022 |
| CCrossBoundary Energy Access | Unknown | $25M | Jun 2022 |
 Perennial | Series A | $18M | May 2022 |
 Utilidata | Series B | $26.8M | Feb 2022 |
| SustainCERT | Unknown | $10M | Jan 2021 |
 Aclima | Unknown | $40M | Nov 2020 |
 Yard Stick | Series A | $10.6M | — |
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Top Co-Investors
Breakthrough Energy Ventures5 shared
Porsche AG4 shared
Decarbonization Partners4 shared
Congruent Ventures4 shared
GV3 shared
OMERS Ventures3 shared
Lowercarbon Capital3 shared
Pillar VC3 shared
The Nature Conservancy3 shared
Anglo American3 shared
S2G Ventures3 shared
Grantham Foundation3 shared
Wireframe Ventures3 shared
Elemental Impact3 shared
TELUS Pollinator Fund for Good3 shared
Union Square Ventures2 shared
Moore Strategic Ventures2 shared
SK Inc.2 shared
Energy Impact Partners2 shared
Kibo Ventures2 shared
Last updated: 8 September 2026