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    TPG Rise Climate logo

    TPG Rise Climate

    San Francisco, California, United StatesFounded 2021
    www.tpg.com/platforms/impact/rise-climate
    Climate & Energy

    TPG Rise Climate is a purpose-built climate investing platform launched by TPG in 2021, focused on accelerating decarbonization at scale. It deploys capital across private equity, transition infrastructure, and the Global South, investing in growth-stage and majority-control opportunities across clean energy, decarbonized transport, and greening industrials.

    46% of their portfolio is in Climate & Energy. Average disclosed round size is $406.6M (across 20 rounds with reported amounts).

    Find people at TPG Rise Climate on Goldilocks AI

    Portfolio

    23

    Fund Size

    $7.3B

    Top Stage

    Unknown

    Last 12 Mo

    0

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    28 investments
    CompanyRoundAmountDate
    Form Energy logoForm EnergySeries A$750MJan 2026
    Enpal logoEnpalGrowth—Apr 2025
    Ohmium logoOhmiumSeries C$250MOct 2024
    Techem logoTechemUnknown—Oct 2024
    Monolith Materials, Inc. logoMonolith Materials, Inc.Unknown—Sep 2024
    Twelve logoTwelveSeries C$200MSep 2024
    Twelve logoTwelveSeries C$400MSep 2024
    PPersefoniSeries B$101MSep 2024
    Syre logoSyreSeries A—May 2024
    Intersect Power logoIntersect PowerUnknown$800MJan 2024
    UUBQUnknown$70MSep 2023
    UBQ Materials, Ltd. logoUBQ Materials, Ltd.Unknown$70MSep 2023
    Hybar logoHybarGrowth$700MAug 2023
    OOhmium InternationalSeries C$250MApr 2023
    Enpal logoEnpalSeries D—Jan 2023
    Ohmium logoOhmiumSeries C$250MJan 2023
    Monolith logoMonolithUnknown$300MJul 2022
    Intersect Power logoIntersect PowerUnknown$750MJun 2022
    Beta logoBetaSeries B—Apr 2022
    TATA MOTORS LIMITED logoTATA MOTORS LIMITEDUnknown$1BJan 2021
    Form Energy logoForm EnergySeries D$240MJan 2021
    PPersefoniSeries B—Jan 2021
    Monolith Materials, Inc. logoMonolith Materials, Inc.Unknown$300M—
    Monolith logoMonolithUnknown$300M—
    Rubicon Carbon logoRubicon CarbonUnknown$300M—
    Page 1 of 2

    Top Co-Investors

    Decarbonization Partners5 shared
    Azimuth Capital Management4 shared
    Sumitomo Mitsui Banking Corporation3 shared
    Capricorn Investment Group3 shared
    The Westly Group3 shared
    Temasek Holdings (Private) Limited3 shared
    Prelude Ventures3 shared
    Alaska Star Ventures2 shared
    Pulse Fund2 shared
    DCVC2 shared
    Emerson Collective2 shared
    Fifth Wall2 shared
    Warburg Pincus LLC2 shared
    Picus Capital2 shared
    Energy Transition Ventures2 shared
    Hanover Technology Investment Management2 shared
    Battery Ventures2 shared
    Trilantic Energy Partners North America2 shared
    Climate Adaptive Infrastructure2 shared
    Coatue Management LLC2 shared

    Last updated: 20 October 2026