New ways to invest in climate - June 2023
👋 welcome - 32 new Substackers, 103 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. Check out the possibilities below, and let us know if we’ve missed anything!
🛜 Join the Climate Investing Club (CIC)
A reminder that the CIC is a great place to talk about ways to invest in climate. You’ll often run into people who are directly involved in these projects. Click here to join!
📈 New ways to invest in climate
Newly announced investing opportunities in the month of June. Selection based on company description but impact not assessed. Not investing advice.
*asterisk denotes new since our last few newsletters
🌲 Bonds & debt notes 🌲
Calvert Impact Cut Carbon Note (5-6.5%, green bond): Fixed-income product that finances sustainability upgrades for commercial buildings.
*CGB Green Liberty Note (debt note, 5% interest): Independently verified Green Bonds - all proceeds help strengthen communities & combat climate change.
*Walden Mutual Bank 100-Year Local Impact CD (CD, 4.75% interest): Helping WMB make very long-term loans.
🌲 Start-up investing 🌲
*Believe Hotel Group ($3.2M, common stock): Develops luxury wellness retreats while remaining focused on environmental and social beliefs.
Curtiss Motorcycles ($7.3M preseed, common stock): Iconic electric motorcycles.
*Emilie Heathe ($8M valuation cap, crowd SAFE): Redefining luxury beauty with sustainable and inclusive cosmetics.
Flower Turbines ($125M valuation, common stock): Innovative small wind turbines.
GeoSolar Technologies ($10M raise, common stock): Tomorrow begins today with GeoSolar Technologies' SmartGreenâ„¢ home.
Inergy ($20M, Series CF Preferred Stock): Developing innovative solar-powered products to harness and store renewable energy.
*Solubag ($50M valuation cap, convertible note): Environmentally friendly & dissolvable plastic alternatives company with 1,500% revenue growth in 2022.
Sunryde ($6.5M valuation, common stock): Electric mobility company that rents and sells top-tier electric bikes and scooters.
ZenniHome ($75M pre-money valuation, common stock): Transforming the $2T US housing market with robotic smart homes.
Zergratran ($75M raise, common stock): Creating an alternative zero-emission shipping route through a tunnel under Northern Colombia.
🌲 Accredited only or high minimum 🌲
A few exclusive projects have recently been shared in our CIC Slack 😊
🌲 Equities (stocks/ETFs/etc) 🌲
*BranchOut Food (BOF)
New climate investing/finance podcasts
Invested in Climate: Ep #57, Piloting through the valley of death
👇 see you in the comments section 👇
What’re you investing in this week? Let the community know!