When was Spring Lane Capital founded?

Spring Lane Capital was founded in 2017.

Where is Spring Lane Capital's headquarters located?

Spring Lane Capital's headquarters is located in Boston (United States).

How many companies has Spring Lane Capital invested in?

Spring Lane Capital has invested in 8 companies, including Cambrian Innovation & EVCS.

Which companies has Spring Lane Capital invested in lately?

Zanskar & Spring Free EV are the latest investments by Spring Lane Capital.

What sectors does Spring Lane Capital focus on for investments?

Top sectors in Spring Lane Capital's portfolio are Environment Tech (5 investments) and Energy Tech (3 investments).

What stages of companies does Spring Lane Capital typically invest in?

Spring Lane Capital primarily invests in Series B and Series A stages.

How many exits has Spring Lane Capital been involved in?

Spring Lane Capital's portfolio has seen 1 acquisition.

Spring Lane Capital - 2026 Investor Profile, Portfolio, Team & Investment Trends

Q: How big is Spring Lane Capital's investment team?

Spring Lane Capital has a team of 5.

Spring Lane Capital, established in 2017, is a social impact fund primarily based in Boston, United States. It primarily finances Series A rounds for companies based in United States. Its portfolio includes 8 firms, spanning the Environment Tech, Energy Tech sectors.

As of Sep 2026, Spring Lane Capital has witnessed 1 portfolio exit. Its most notable investments include companies like Cambrian Innovation, EVCS and CleanFiber.

Its latest investment was a $115M Series C round in Zanskar on Jan 21, 2026, which also saw participation from Obvious Ventures and Union Square Ventures.

Key Metrics

Founded Year

2017

Location

Boston, United States

Portfolio Companies

Cambrian Innovation, EVCS & 6 more

Sectors of Investment

Environment Tech, Energy Tech & 7 more

Stages of Investment

Series B, Series A & 2 more

Locations of Investment

United States & Canada

View Spring Lane Capital's full profile

Spring Lane Capital has a portfolio of 8 companies. Their most notable investments are in Cambrian Innovation and Andion Global.Their portfolio spans across United States and Canada. They have invested in Environment Tech, Energy Tech, High Tech and 6 other sectors, across stages such as Series B, Series A and 2 more. Here is the list of top investments by Spring Lane Capital:

1. Cambrian Innovation

Bio-electro-chemical wastewater treatment systems developer. The company product suite uses bioelectrochemical systems in which electrically-active microbes oxidize in contact with electrodes & reduce organic fuels and contaminants in the water. The process generates 30-200 kilowatt power and can treat wastewater flows between 10,000 to 300,000 gallons per day. Provides bioelectrochemical nitrate sensor for surface water monitoring denitrification system electricity, hydrogen & methane generation solution for spacecraft. Also offers a financing service called as Water-Energy Purchase Agreement in which the company will construct, install, own, and operate the treatment system and the user needs to pay on a per-gallon basis.

Key facts about Cambrian Innovation

Founded Year: 2006
Location: Boston (United States)
Valuation: $*****
Stage: Series C
Total Funding till date: $237M
Employee Count: 75 as on Aug 31, 2026
Investors: Windsail Capital Group, Clean Energy Venture Group and 9 Others
Latest Funding Round: Conventional Debt, Jun 04, 2025, $*****
Highlight: Editors' Pick

2. EVCS

Operator of a network providing electric vehicle charging services. The network offers both Level 2 and DC fast charging options. It aims to expand access to public electric vehicle charging. The company provides charging solutions for various locations.

Key facts about EVCS

Founded Year: 2018
Location: Arcadia (United States)
Stage: Series A
Total Funding till date: $28M
Employee Count: 60 as on Aug 31, 2026
Investors: State of California, Macquarie and 3 Others
Latest Funding Round: Series A, Dec 06, 2023, $*****
Highlight: Editors' Pick

3. CleanFiber

Provider of cellulose insulation solutions for facilities. It is provided in the form of recycled cardboard. Its features include a proprietary wet separation and infusion process that floats off contaminants, abundant raw material for the production of insulating material, and an all-borate formulation used to make it fire-safe insulation.

Key facts about CleanFiber

Founded Year: 2013
Location: Buffalo (United States)
Valuation: $*****
Stage: Series C
Total Funding till date: $144M
Employee Count: 56 as on Aug 31, 2026
Investors: Clean Energy Ventures, Clean Energy Venture Group and 34 Others
Latest Funding Round: Series C, Jun 22, 2026, $*****
Highlight: Editors' Pick

4. Zanskar

Zanskar Geothermal & Minerals is a company that utilizes AI, big data, and advanced sensing techniques to identify and explore the world's most prolific geothermal systems. They aim to make geothermal power the cheapest and widely-deployable form of energy.

Key facts about Zanskar

Founded Year: 2020
Location: Salt Lake City (United States)
Stage: Series C
Total Funding till date: $180M
Employee Count: 118 as on Aug 31, 2026
Investors: Union Square Ventures, Obvious Ventures and 13 Others
Latest Funding Round: Series C, Jan 21, 2026, $*****

5. Spring Free EV

Key facts about Spring Free EV

Founded Year: 2021
Location: San Francisco (United States)
Stage: Series A
Total Funding till date: $42.8M
Employee Count: 21 as on May 31, 2026
Investors: Climate Capital, City Light Capital and 10 Others
Latest Funding Round: Series A, Sep 19, 2025, $*****

View the full list of portfolio companies

Spring Lane Capital has invested in 8 companies over the last 7 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 1 investment, while as of Jan 2026, it has made 1 investment in this year. Its most recent first time investment was in Zanskar and most recent follow-on round was in Spring Free EV.

Here are Spring Lane Capital's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	1	0	1
2025	0	1	1
2024	1	0	1
2023	1	0	1
2022	3	1	4
2021	1	0	1
2020	0	0	0
2019	1	0	1

View all investments by Spring Lane Capital

Spring Lane Capital has made 4 investments in Series B stage with an average round size of $25.3M, 2 investments in Series A stage with an average round size of $25.5M, 1 investment in Conventional Debt stage with an average round size of $50M and 1 investment in Series C stage with an average round size of $115M.

Here are Spring Lane Capital's investments by stage:

Stage of entry	No. of Investments
Series B	4
Series A	2
Conventional Debt	1
Series C	1

Note: We have considered here, only first round of investments

View all investments by Spring Lane Capital

Spring Lane Capital has a diverse portfolio, with companies operating in the Environment Tech, Sustainability Tech, Energy Tech, Auto Tech and Energy. Notably, it has invested in 6 Enterprise (B2B) companies, 5 Tech companies, 3 Consumer (B2C) companies and 3 companies focusing on Tech hardware.

Here are Spring Lane Capital's investments by sector:

Sector	No. of Investments
Environment Tech	5
Sustainability Tech	5
Energy Tech	3
Auto Tech	2
Energy	2
Others	7

Note: We have considered here, only first round of investments

View all investments by Spring Lane Capital

Spring Lane Capital has made most investments in United States (6), followed by Canada where it has made 2 investments.

Here are Spring Lane Capital's investments by geography:

Country	No. of Investments
United States	6
Canada	2

Note: We have considered here, only first round of investments

View all investments by Spring Lane Capital

Spring Lane Capital has made 1 investments in 2026 so far - Zanskar.

Here are the most recent investments by Spring Lane Capital:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Jan 21, 2026	Zanskar	United States	Series C	1334	Obvious Ventures [+2]
Sep 19, 2025	Spring Free EV	United States	Series A	5684	-
Mar 28, 2024	CleanFiber	United States	Series B	4300	Climate Innovation Capital ... [+3]
Mar 23, 2023	Spring Free EV	United States	Series A	4571	Bronze Venture Fund [+7]
Jul 06, 2022	EVCS	United States	Series A	8338	Abdo Partners [+1]

See more recent investments made by Spring Lane Capital

1 company from Spring Lane Capital's portfolio has been acquired. The most recent acquisition was SOLUNA in Aug 2021 by EcoChain for $*****.

Here are Spring Lane Capital's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
SOLUNA	Aug 12, 2021	May 12, 2022	Series B	7458

View all acquired companies in Spring Lane Capital's portfolio

Spring Lane Capital has a team of 5 members located in Canada. Spring Lane Capital's team does not sit on the board of any company as of now.

View team details of Spring Lane Capital

Over the past 7 years, 49 investors have co-invested in Spring Lane Capital's portfolio companies. This includes funds and angels.

Invested before Spring Lane Capital: National Science Foundation, United States Department of Agriculture and 24 others have invested in rounds before Spring Lane Capital. There are 2 companies where National Science Foundation has invested before Spring Lane Capital and 1 company where United States Department of Agriculture has invested before Spring Lane Capital.
Top Co-investors of Spring Lane Capital: 16 investors entered a company along with Spring Lane Capital. These include investors like Abdo Partners (1 company).
Invested after Spring Lane Capital: A total of 7 investors have invested in Spring Lane Capital's portfolio after their investments. Top Investors include ING (1 company) and Pennybacker Capital (1 company).