Five Women-led Climate Tech Companies Selected to Pitch for Investments, Prizes and Mentorship
Cornell’s Center for Regional Economic Advancement (CREA) and Chloe Capital with support from New York State Energy Research and Development Authority (NYSERDA) have set out to combine their expertise and resources, resulting in a new program for founders tackling some of our world’s most critical challenges.
Diversity In ClimateTech aims to recruit, educate, inspire and support the growth of companies led by Black, Indigenous, and People of Color (BIPOC) and women founders on the forefront of clean energy innovations.
Diversity In ClimateTech includes activities for founders and investors, including a Showcase where founders pitch for investments. At least one founder will receive a Chloe Capital investment of up to $250,000. A panel of potential co-investors representing Armory Square Ventures, Include Venture Partners, The New York Angels, Aligned Climate Capital and the Clean Energy Ventures will also be on hand to explore the deals. On average, participants in a Chloe Capital program raise $1.5MM.
“Chloe Capital’s impact investing initiatives empower other investors to take action. Our goal is to collaborate. As a united front, we can best position founders to achieve success and deliver healthy returns on investments. During our programs, we like to watch the founders in action, and introduce them to a large community of supporters who are ready to help with both funding and resources,” said Kathryn Cartini, Chloe Capital co-founder and partner.
Here are the women chosen out of 300 applicants worldwide to participate in Diversity In ClimateTech:
Dorrit Lowsen
President & Co-Founder, Change Finance
Change-Finance.com
Alexandria, VA
Change Finance builds performance-oriented investment products that seek to promote a more sustainable world. Transforming capital markets and implementing impact-driven, performance-focused strategies help bring profit to people, planet and investors.
Lisa Altieri
Founder & CEO, BrightAction
BrightAction.com
Palo Alto, CA
BrightAction helps companies, organizations and cities to empower their communities on climate change solutions through a collaborative platform using simple, everyday actions to make an impact. Custom branding, innovative engagement programs, personalized experiences, team and group challenges and “best-in-class” carbon and savings analytics calculators are among the services that Bright Action provides.
Madison Savilow
Founder, Expedition Air
ExpeditionAir.today
Calgary, Alberta, Canada
Expedition Air was founded on the idea that every product consumer interact with should enable a low carbon future. A spin-out from NRG COSIA Carbon XPRIZE X-Factor Winner, Carbon Upcycling Technologies, Expedition Air produces advanced solid additives derived from greenhouse emissions and cheaply available solids for use in the consumer products industry.
Martha Montoya
CEO-Founder, Agtools Inc.
Ag.tools
Irvine, CA
Agtools is a worldwide financial intelligence data for the food & agriculture global supply chain offering trusted market official data from around the world, in real-time data for stakeholders to manage market volatility of over 500 commodities at 1 billion transactions per second and avoid CO2/SO2 across their actions.
SaLisa Berrien
Founder and CEO, COI Energy
CoiEnergyServices.com
Tampa, FL / Binghamton, NY / Brooklyn, NY
COI Energy is changing the face of energy with its digital energy management that detects and eliminates energy waste in buildings. COI takes a holistic approach to demand management that includes temporary (emergency curtailments), semi-permanent (peak shaving and load shifting) and permanent (energy efficiency and renewable energy) demand management.
“Cornell’s Center for Regional Economic Advancement (CREA) is proud to participate in this program and help founders extend their company’s impact to the Southern Tier region in New York state. CREA is committed to accelerating the region’s economic growth—focusing on job growth and attracting new businesses,” said Andrea Ippolito, W.E. Cornell program director.