
New Climate Ventures (NCV) is an early-stage venture capital firm based in Houston, Texas, investing in innovative startups building carbon reduction and avoidance technologies across energy, materials, and fuels.
33% of their portfolio is in Climate & Energy. Their most common stage is seed (55% of deals). Average disclosed round size is $13.0M (across 52 rounds with reported amounts).
Portfolio
54
Fund Size
—
Top Stage
Seed
Last 12 Mo
9
Team
MB
Matthew Bennett Arnold
General Partner and Co-Founder
DK
Donald Kendall
Partner
ER
Eric Rubenstein
Partner
TC
Taylor Chapman
Principal
HA
Harshit Agrawal
Investor
VB
Vanessa Brieva
Investor
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
58 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Seed | $1.1M | Sep 2026 | |
| Seed | $5M | Jul 2026 | |
| Series A | $13.9M | Mar 2026 | |
| Seed | $7.5M | Mar 2026 | |
| Seed | $6M | Jan 2026 | |
| Seed | $6M | Jan 2026 | |
| Seed | $6M | Jan 2026 | |
| Series A | $9.2M | Oct 2025 | |
| Series A | — | Oct 2025 | |
| Growth | — | Sep 2025 | |
| Seed | $7M | Aug 2025 | |
| Pre-Seed | $2M | Jul 2025 | |
| Unknown | — | May 2025 | |
| Series B | $45M | Feb 2025 | |
| Series A | $15M | Jan 2025 | |
| Growth | — | Jan 2025 | |
| Seed | $3.6M | Dec 2024 | |
| Growth | $35M | Oct 2024 | |
| Seed | $5M | Sep 2024 | |
| Seed | $5.6M | Aug 2024 | |
| Seed | $4.5M | Jul 2024 | |
| Series A | $27M | Jun 2024 | |
| Seed | $2M | Jun 2024 | |
| BBedrock Materials | Seed | $9M | May 2024 |
| Pre-Seed | $5.6M | May 2024 |
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Top Co-Investors
Collaborative Fund6 shared
MCJ5 shared
Climate Investment4 shared
Twelve Below4 shared
Safar Partners4 shared
Union Square Ventures3 shared
Transition VC3 shared
Breakthrough Energy Ventures3 shared
Plug and Play Tech Center3 shared
S2G Ventures3 shared
Engine Ventures3 shared
ReGen Ventures3 shared
Essential Capital3 shared
SOSV3 shared
Dolby Family Ventures3 shared
Astor Management AG3 shared
Possible Ventures3 shared
Understorey3 shared
Juniper VC3 shared
Last updated: 7 October 2026