About Climate Venture Capital Fund
Climate Venture Capital Fund is a venture capital firm located in Auckland, New Zealand. As of Jul 2026, Climate Venture Capital Fund is an active investor, having invested in 6 companies, with 2 new investments in the last 12 months. It primarily invests in Seed round in New Zealand based startups. Its investments are spread across a wide range of sectors from High Tech to Energy Tech and Environment Tech. Most recently it participated in the $***** Series B round of Cullbeck A lot of funds co-invest with Climate Venture Capital Fund, with names like Icehouse Ventures sharing a substantial percentage of its portfolio. Climate Venture Capital Fund has team of 4 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Soonicorns
Deals in last 12 months
Climate Venture Capital Fund's List of Top Investments
Climate Venture Capital Fund has a portfolio of 6 companies. Their most notable investments are in Liquium and Planet A Foods.Their portfolio spans across New Zealand, Australia and Germany. They have invested in High Tech, Energy Tech, Environment Tech and 6 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Climate Venture Capital Fund:1. MGA Thermal
Provider of solutions for thermal energy storage. In its system, modular blocks are stacked into insulated storage tanks, which can store energy for use in many applications. By storing excess thermal energy, It helps to ensure a stable supply of electricity to the grid, effectively enabling base load power generation.
Key facts about MGA Thermal
Key facts about Planet A Foods
- Founded Year: 2021
- Location: Munich (Germany)
- Stage: Series B
- Total Funding till date: $73.3M
- Employee Count: 74 as on Aug 31, 2026
- Investors: Tengelmann Ventures, TriplePoint Capital and 18 Others
- Latest Funding Round: Series B, Dec 05, 2024, $*****
- Highlight: Editors' Pick
3. Liquium
Key facts about Liquium
- Founded Year: 2021
- Location: Wellington (New Zealand)
- Stage: Seed
- Total Funding till date: $2.7M
- Employee Count: 9 as on Aug 31, 2026
- Investors: Climate Venture Capital Fund, Booster and 1 Other
- Latest Funding Round: Seed, Feb 05, 2026, $*****
4. Zincovery
Key facts about Zincovery
- Founded Year: 2019
- Location: Christchurch (New Zealand)
- Stage: Seed
- Total Funding till date: $1.82M
- Employee Count: 26 as on May 31, 2026
- Investors: Icehouse Ventures, Climate Venture Capital Fund and 6 Others
- Latest Funding Round: Seed, Nov 2022, $*****
5. Cullbeck
Developer of technology converting ore into iron using hydrogen. The process utilizes a modular reactor to transform titanomagnetite ironsand or crushed rock ore into direct reduced iron. This method replaces conventional natural gas systems with hydrogen-based reduction, enabling the processing of iron resources that are typically incompatible with standard industrial systems. The design focus is on industrial scale production and enables the recovery of additional minerals such as vanadium and titanium.
Key facts about Cullbeck
- Stage: Series B
- Total Funding till date: $15M
- Investors: Icehouse Ventures, K1W1 and 5 Others
- Latest Funding Round: Series B, Jul 25, 2026, $*****
Climate Venture Capital Fund's Year-on-Year Investment Trends
Climate Venture Capital Fund has invested in 6 companies over the last 4 years, with an average of 1 new investment annually in the last 3 years. As of Jul 2026, it has made 3 investments in this year. Its most recent first time investment was in Cullbeck and most recent follow-on round was in MGA Thermal.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 1 | 3 |
2025 | 0 | 0 | 0 |
2024 | 2 | 0 | 2 |
2023 | 1 | 0 | 1 |
2022 | 1 | 0 | 1 |
Climate Venture Capital Fund's Investments by Stage
Climate Venture Capital Fund has made 4 investments in Seed stage with an average round size of $3.76M, 1 investment in Series A stage with an average round size of $15.4M and 1 investment in Series B stage with an average round size of $15M.Stage of entry | No. of Investments |
|---|---|
Seed | 4 |
Series A | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Climate Venture Capital Fund's Investments by Sector
Climate Venture Capital Fund has a diverse portfolio, with companies operating in the Food and Agriculture, High Tech, Sustainability Tech, Chemicals and Materials and Consumer Goods. Notably, it has invested in 2 Enterprise (B2B) companies, 2 Tech companies, 1 Social impact company and 1 company focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Food and Agriculture | 2 |
High Tech | 2 |
Sustainability Tech | 2 |
Chemicals and Materials | 1 |
Consumer Goods | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Climate Venture Capital Fund's Investments by Geography
Climate Venture Capital Fund has made most investments in New Zealand (3), followed by Australia where it has made 1 investment.Country | No. of Investments |
|---|---|
New Zealand | 3 |
Australia | 1 |
Germany | 1 |
Note: We have considered here, only first round of investments
Climate Venture Capital Fund's recent investments
Climate Venture Capital Fund has made 3 investments in 2026 so far. Cullbeck and MGA Thermal are the latest among them.Here are the most recent investments by Climate Venture Capital Fund:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 25, 2026 | - | Series B | 3202 | [+5] | |
Mar 13, 2026 | Australia | Series A | 1294 | [+9] | |
Feb 05, 2026 | New Zealand | Seed | 9630 | - | |
Sep 02, 2024 | New Zealand | Seed | 2224 | - | |
Feb 01, 2024 | Germany | Series A | 2828 | [+6] |
Team profile of Climate Venture Capital Fund
Climate Venture Capital Fund has a team of 4 members including 3 Partners located in New Zealand. Climate Venture Capital Fund's team does not sit on the board of any company as of now.Here is a list of all team members in Climate Venture Capital Fund:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Auckland | - | ||
Partner | Auckland | - | ||
Partner | Wellington | - |
Co-investors of Climate Venture Capital Fund
Over the past 4 years, 37 investors have co-invested in Climate Venture Capital Fund's portfolio companies. This includes funds and angels.
- Invested before Climate Venture Capital Fund: Main Sequence, CP Ventures and 12 others have invested in rounds before Climate Venture Capital Fund. There is 1 company where Main Sequence has invested before Climate Venture Capital Fund and 1 company where CP Ventures has invested before Climate Venture Capital Fund.
- Top Co-investors of Climate Venture Capital Fund: 13 investors entered a company along with Climate Venture Capital Fund. These include investors like Icehouse Ventures (2 companies).
- Invested after Climate Venture Capital Fund: A total of 10 investors have invested in Climate Venture Capital Fund's portfolio after their investments. Top Investors include Jekara (1 company), Electrifi Ventures (1 company) and Australian Renewable Energy Agency (1 company).
Recent News related to Climate Venture Capital Fund
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New Zealand’s first climate venture fund invests in groundbreaking start-upIdealog•Sep 02, 2024•Teiny, Climate Venture Capital Fund
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Climate Venture Capital Fund extension seeking up to $50mNBR•Mar 11, 2024•Climate Venture Capital Fund
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Climate Venture Capital Fund invests nearly $2.5m across NZ and AustraliaRNZ•Dec 12, 2023•Climate Venture Capital Fund
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MGA Thermal raises $8.25 million for power storageSupply Chain Channel•Aug 02, 2023•MGA Thermal, Main Sequence, Varley, Melt Ventures and 8 others
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Cleanery, eco-cleaning start-up set for Australian launchRetail News Asia•Jun 13, 2022•Cleanery, Climate Venture Capital Fund, Icehouse Ventures, Angel HQ
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MGA Thermal scales up for thermal energy storageAMBC•Aug 02, 2021•MGA Thermal, Alberts, Climate Venture Capital Fund, Melt Ventures and 4 others
