New ways to invest in climate - July 2023
👋 welcome - 29 new Substackers, 67 new CIC slack 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 😊
🛜 Upcoming Intention-led events
The CIC is a great place to talk about climate investing. A big thanks to Climatize for joining us for last week’s AMA, which you can view on the CIC slack.
Next week, Intention has two more amazing events!
Empowering a homeowner’s electrification journey, cohosted by Valérie Lechêne & Intention’s Nisha Desai (Aug 9, 10:30am PDT)
🎉 Climate Investing Club AMA w/ Energea (Aug 10, 11am PDT)
📈 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
🌲 Bonds & debt notes 🌲
*Steward Regenerative Capital (5.75% interest, 9 months): Support a collection of short-term bridge loans made to regenerative farms & food producers.
*Sustainable Farmland Fund ($50k minimum, 8-10% target net IRR): Diversified portfolio of institutional-grade sustainable farmland.
Solar for Congregation Ahavas (8% interest, 5yr): Solar for NJ theatre.
Solar for Shakespeare Theatre (8% interest, 5yr): Solar for NJ church.
🌲 Start-up investing 🌲
*ecolution ($15M valuation, common stock): Turning trucks and trains into mobile power stations for clean energy.
*Luma Solar ($16M prevaluation, Class A Common): Invest in the company that many believe manufactures the most attractive solar roof produced anywhere.
*Thrive & Grow Farms (2.5x payback multiple): Enhancing local food systems with regenerative agriculture.
*Ethic Stream (Class A Common): Revolutionizing the $50B carbon credit market.
*Clean Earth Rovers ($3M, SAFE): Automating coastal water management with smart monitoring & autonomous vessels.
*Aquaria ($23M, SAFE): Making water from the air.
Invicta Water ($5M, common stock): Aims to eliminate PFAS and other high health risk chemicals from water worldwide
Unreal Deli ($20M, common stock): Makes award-winning, premium plant-based deli meats.
YouSolar ($39M valuation, common stock): Created the PowerBloc, a solar nanogrid that delivers reliable and clean power to the home.
Doroni ($162M, preferred stock): A personal, electric, two-seat aircraft designed for everyday use and anytime access.
Painterland Sisters ($15M valuation cap, future equity): Female farmer-owned organic yogurt making a difference.
Smart Cups ($10.7M, common stock): Sustainable consumer packaged products that eliminate liquid through the use of novel microencapsulation printing.
TAINR ($10M valuation cap, future equity): Smart refill kiosks to eliminate plastic packaging from our food.
Harvest Today ($15.15M pre-money valuation, common units): Patented scalable systems to revolutionize indoor food production
Oxydus (terms TBD…): Patented tech that could decentralize water distribution & solve a water crisis
🌲 Accredited only or high minimum 🌲
A few exclusive projects have recently been shared in our CIC Slack 😊
🌲 Equities (stocks/ETFs/etc) 🌲
*Oklo (ALCC): Designing and deploying advanced fission power plants to provide clean, reliable, affordable energy.
*Surf Air Mobility (SRFM):Electric aviation and air travel company.
*JPMorgan Sustainable Municipal Income ETFÂ (JMSI): Designed to deliver current income exempt from federal income taxes by investing in municipal bonds with use of proceeds that provide positive social or environmental benefits.
*Xtrackers US Green Infrastructure Select Equity ETFÂ (UPGR): The fund tracks an equal-weighted index consisting of US companies engaged in green energy and sustainable infrastructure.
New climate investing/finance podcasts
Financial Climate: w/ Planet Tracker CEO
MCJ Capital Series: w/ Irena Spazzapan
👇 see you in the comments section 👇
What’re you investing in this week? Let the community know!