primeimpactfund.org

Prime Impact Fund, launched in 2018 by Prime Coalition, is a $50 million catalytic capital fund dedicated to investing in transformative, climate-focused technology startups. The fund targets early-stage companies with the potential for gigaton-scale emissions reduction, supporting high-risk, high-reward ventures with a long-term perspective. Prime Impact Fund evaluates investments rigorously, focusing equally on techno-economics and climate impact. Their portfolio includes innovative companies such as Avalanche Energy, Charm Industrial, and Lilac Solutions, which are working on breakthrough technologies in energy, bio-oil production, and sustainable lithium extraction respectively. Headquartered in Cambridge, Massachusetts, the fund's unique model combines philanthropic capital and an impact-first orientation, making it possible to back ventures that might not attract conventional investors. The fund's investors include visionary families, foundations, and corporations committed to combating climate change. The leadership team is spearheaded by experts like Amy Duffuor, who brings extensive experience in renewables and power investment. Prime Impact Fund's approach aims to discover and nurture 'diamonds in the rough' that can become pillars of a low-carbon economy.