15+ new ways to invest in climate - Oct 2023
& 3 amazing CIC events in November!
🎉 welcome - 700+ Climate Investing Community members!
📖 read time - 3 min
Welcome to Intention’s monthly roundup of new ways to invest in climate. We know that it’s difficult to find climate-specific investments so we’re doing the legwork for you.
PS - We'd love for you to share this newsletter so that everyone can benefit from these new ways to invest in climate 😊
🛜 Climate Investing Community events
Follow our events calendar on Lu.ma! Upcoming CIC events:
Nov 2: AMA w/ Atmos Financial co-founder/CEO Ravi Mikkelsen
Nov 16: Monthly Office Hours - Climate Smart 401(k)/403(b)s
Nov 28: Sustainable Finance Group Discussion
📈 New ways to invest in climate
Newly announced investing opportunities this month. Selection based on company description but impact not assessed. Not investing advice.
*asterisk denotes new since our last newsletter
🔥 epic personal finance resources 🔥
CIC’s Climate & Money Resource List: Our amazing cut-the-crap list of personal climate finance options covers saving, investing, spending, giving
Check out Ming Zhao’s How to Read a Term Sheet
🌲 Bonds & debt notes 🌲
*Light Up Rural America (debt note, 10% interest): Ovanova is committed to uplifting rural communities by leveraging the Rural Energy for America Program.
Liz Alig (promissory note, 10% interest): Clothing produced in small fair trade workshops and designed with sustainable textiles.
*National Energy Improvement Fund (debt note, 7% interest): Certified B Corp lender boosting affordability of vital energy upgrades for home & building owners.
Northern California Land Trust (debt note, 5% interest): A sustainable, long-term alternative to affordable housing in California.
Primary Plant Based (debt note, 12.75% interest): A plant based restaurant that focuses on local produce.
🌲 Start-up investing 🌲
*Eden Grow Systems (SAFE): NASA spin-off company, modular farming systems allowing people to easily grow their own food, wherever they are.
*HiberTech Homes (SAFE, $15M valuation): The world's first truly wildfire-proof homes.
Hold On Bags (future equity, $15M valuation): A sustainable, household goods company that sells compostable, plant-based products.
Infinity Fuel (common stock, $54M valuation): Patented fuel cells and electrolysis hydrogen generating technology provide carbon-free power and energy for extreme operating environments.
Reel Paper (future equity, $50M): A tree-free, plastic-free household paper company.
Solar Gaps (SAFE, $15M valuation): The first in the world external smart window blinds with built-in solar panels.
*SISTAIN (SAFE, $6.5M valuation): Personalized, social shopping for sustainable home goods.
Stark Drones (common stock, $21M valuation): Impact-driven, and want to fix outdated grids and make the world more connected.
*StorEn: Provides 100% recyclable, safe and affordable energy storage through the development of evolutionary vanadium flow batteries.
*World Tree (priced round, $20M valuation): Largest grower of Empress trees in North and Latin America.
🌲 Accredited only or high minimum 🌲
*A few startup opportunities have recently been shared in our CIC Slack 😊
🌲 Equities (stocks/ETFs/etc) 🌲
Nothing this month 👀
New climate investing/finance podcasts
Financial Climate: Catherine Atkin on CA’s new GHG emission disclosure law
👇 see you in the comments section 👇
What’re you investing in this week? Let the community know!