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Carica Sustainable Investments

499 Park Avenue, 27th Floor, New York, NY, 10022, United States

Overview

Carica Sustainable Investments invests in businesses that drive positive environmental and economic outcomes. Carica Sustainable Investments partners with entrepreneurs, business leaders, and companies addressing climate challenges. Carica Sustainable Investments is headquartered in New York, United States.

Total investments
5
Lead investments
0
Investments · 12mo
1
Active investors
0
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Investment portfolio

  • Zanskar

    Participated · Series C · Jan 2026

    Zanskar combines artificial intelligence, modern drilling techniques, and computational geoscience to find, assess, and develop geothermal energy resources. The company has a portfolio of greenfield geothermal projects, including the Lightning Dock site in New Mexico and recent discoveries at Pumpernickel and Big Blind in Nevada, plus two announced discovery sites in Nevada. Financially, Zanskar completed a $115 million Series C in January 2026 (later expanded with additional investment from Just Climate) and has now closed a $40 million revolving Development Capital Facility structured to scale to $100 million. Zanskar plans to use the new facility to fund pre-construction work and bridge projects to traditional project financing so it can rapidly build multiple geothermal power plants. The company aims to deliver gigawatts of clean, firm power to U.S. customers and expects to create hundreds of jobs as it scales development. Zanskar markets its approach as making geothermal more predictable, lowering development costs, and enabling large-scale deployment of dispatchable baseload power.

  • Pulsora

    Participated · Series A · Sep 2023

    Pulsora (formerly pulsESG) offers a centralized platform for enterprise sustainability management, covering data collection, disclosures, audit logging, analytics, and real-time target monitoring. The company emphasizes flexibility, auditability, integration, and a user-friendly interface to help organizations measure, report, and improve ESG performance. Pulsora serves over 400 corporations worldwide, including customers such as Apax Partners, Aker ASA, Aligned Climate Capital, Clayton Dubilier & Rice, and Cornerstone Building Brands. Founded in 2021 as a public benefit corporation, Pulsora has rebranded to reflect expanded platform capabilities. With the new funding, the company plans to bolster functionality—explicitly expanding carbon accounting—and prepare customers for forthcoming regulations. Management says funds will support global expansion across North America, Europe, the Middle East, Australia, and Asia within a roughly $12 billion nascent sustainability management market. pulsESG provides an integrated, comprehensive SaaS platform for ESG compliance tracking, disclosure, and analytics. The platform offers auditable deep analytics and can integrate with customers' source and destination ESG systems, giving end-users flexibility as regulatory requirements change. pulsESG plans to integrate with Workday Financial Management and Workday Human Capital Management to translate structured and unstructured data into financial information for disclosure management and external reporting. The integration aims to let customers assign ESG goals, track performance against those goals, and report metrics to regulators, investors, customers, and other stakeholders. Built-in analytics measure performance against goals and benchmarks and enable companies to improve practices based on insights. Founded in 2021 and headquartered in San Francisco, pulsESG is positioned to serve purpose-driven enterprises seeking comprehensive, auditable ESG solutions. pulsESG is a public benefit corporation focused on enabling purpose-driven enterprises to measure, manage and improve their ESG footprint. The company offers ESG management capabilities aimed at organizations prioritizing impact. pulsESG joined Accenture Ventures' Project Spotlight, an engagement and early investment program. Accenture (NYSE: ACN) made a strategic investment in the company through Accenture Ventures. The company had previously raised $10 million in seed funding from impact-driven investors. pulsESG is reported from San Francisco, CA. pulsESG is an integrated enterprise ESG SaaS platform that provides comprehensive, auditable, model-driven analytics and integrates with both internal data sources and external investor-facing systems. The product is designed to help enterprises track, analyze, derive insights for ESG compliance and improvement, and adapt to changing regulatory and stakeholder requirements. Key features highlighted include a model-driven architecture, full integration with source and destination systems, and end-user flexibility to modify models and mappings. The company emerged from stealth and expects to make the product generally available in Q1 2022. pulsESG is structured as a public benefit corporation, was founded in 2021, and is based in San Francisco. The company announced $8.5M in seed funding to support product launch and go-to-market activities, and is led by co-founders Murat Sönmez and Inderjeet Singh.

  • Ostara

    Participated · Series C · Oct 2022

    Ostara manufactures Crystal Green® (5-28-0 with 10%Mg), a granular phosphate fertilizer that naturally releases nutrients in response to plant demand and is designed to maximize yield while reducing runoff and leaching. The company sells Crystal Green through a network of retailers and distributors across North America and Europe and serves the agriculture, turf, and ornamental sectors. Ostara emphasizes the product’s unique organic acid solubility and environmental benefits compared with conventional phosphate fertilizers. The USDA awarded the company a $7.6M grant to support increased U.S. production, signaling public-sector backing for expansion. Grant funds will be used to build a new production facility in St. Louis with capacity to produce over 200,000 tons of Crystal Green. Construction was scheduled for completion in summer 2023 to supply growers that fall. Ostara manufactures Crystal Green® — a line of highly efficient, plant-available granular phosphate fertilizers sold into agriculture, specialty, and turf markets. The company’s products are designed to increase yields, reduce phosphate tie-up, and limit runoff and leaching to protect waterways. Ostara announced a US$70 million Series C to scale North American production and complete a new manufacturing facility in St. Louis. The soon-to-be commissioned plant is planned to produce 200,000 tons per year and supply product in time for the 2024 growing season. Ostara says the expanded manufacturing base will allow it to serve more U.S. and Canadian farmers through its existing retailer and distributor networks in North America and Europe. The buildout is also expected to create dozens of new jobs in the St. Louis region and increase resiliency of the North American fertilizer supply chain. Ostara produces Crystal Green® fertilizers, described in the release as the first slow‑release phosphorus fertilizers that release nutrients in response to plant demand (Root‑Activated™ granules). The company also develops Pearl® technology to recover phosphorus and nitrogen from industrial, agricultural, and municipal water streams and transform those nutrients into its premium fertilizers. Crystal Green® products are sold into the agriculture and turf sectors through a network of established distributors in North America and Europe. Ostara says its granules increase yields, enhance soil health and significantly reduce phosphorus tie‑up and runoff, helping protect waterways. The company closed a US$20M financing to acquire and upgrade a strategically located fertilizer production facility in Missouri to significantly scale up Crystal Green® production. Participating investors named in the release include Forage Capital, Export Development Canada, ADM Capital’s advised Cibus Enterprise Fund and Wheatsheaf Group. Ostara’s Pearl® technology captures phosphorus and nitrogen from water streams and converts the nutrients into Crystal Green® continuous‑release fertilizers sold to agriculture and turf markets. Crystal Green® Root‑Activated™ granules are positioned to increase crop yields, enhance soil health, and reduce phosphorus runoff. The company sells through established distributor networks in North America and Europe and is scaling fertilizer production. As part of that scale‑up, Ostara closed the second tranche of a prior equity financing for approximately US$5.0 million in December 2019. It also closed a new US$5.0 million working‑capital credit facility to support ongoing production ramp and to augment an existing credit facility with Comerica Bank. The company frames its product as a circular solution that helps clean water while supplying regenerative fertilizer to farmers. Ostara uses its Pearl® technology to recover phosphorus and nitrogen from industrial, agricultural, and municipal water streams and transforms those nutrients into Crystal Green® fertilizers. Crystal Green® is marketed as a premium, Root‑Activated™ slow‑release phosphorus fertilizer designed to release nutrients in response to plant demand and to reduce phosphorus runoff. The company sells into the agriculture and turf sectors through an established distributor network in North America and Europe. Ostara recently scaled production, contracting additional tolling capacity in the Southwestern US and operating a Southeastern US‑based toll granulator to meet rising demand. Management reported selling more than four times the volumes of Crystal Green® compared with the prior fiscal year and expects to significantly exceed that pace. Proceeds from the current financing are intended to fast‑track production scale‑up, capacity enhancements, and to support continued growth of fertilizer and nutrient recovery system sales in the US, Europe and Asia.

  • Bridger Photonics

    Participated · Equity · Sep 2022

    Bridger Photonics develops Gas Mapping LiDAR™, a laser-based methane detection, localization, and quantification system mounted on small aircraft to scan oil and gas infrastructure. The company provides gas plume images, GPS coordinates, and quantified leak data to help energy and utility companies reduce methane emissions. Bridger’s team and manufacturing are based in Bozeman, Montana, while its aircraft operations scan major oil and gas production basins, transmission pipelines, and distribution networks across North America. Major clients include ExxonMobil, Southern California Gas Company, Diversified Energy, Devon Energy, Cenovus Energy, and Chesapeake Energy. Led by CEO Pete Roos, the company sells detection services and data that customers use to meet sustainability and emissions-reduction goals. The company recently received a significant capital infusion to support growth.

  • Project Canary

    Participated · Series B · Feb 2022

    Project Canary is a Denver, CO–based climate tech and environmental assessment company formed as a Public Benefit Corporation by CEO and co-founder Chris Romer. It offers a SaaS-based data analytics platform focused on the environmental performance (the E in ESG) for emission-intensive companies. The platform assesses and scores responsible operations and produces independent, measured emission profiles, including methane, using high-fidelity continuous monitoring technology. Project Canary provides independent, holistic environmental assessments and facility-level monitoring solutions to help companies measure and improve operations and emissions profiles. The company plans to use new funding to scale its core solutions and expand into new sectors. The article reports a $111M Series B raised in February 2022 to support those efforts. Project Canary delivers continuous, on-site, real-time emissions monitoring technology and independent ESG data to customers across the energy, manufacturing, and waste management sectors. Its TrustWell™ certification attests to responsibly sourced gas (RSG) verification and has been applied to over 5,000 wells in the U.S., with more than 1,500 additional wells in its sales pipeline. The company reports that TrustWell™ certification has been involved in over 85 percent of RSG transactions in the U.S. to date. Project Canary says it is working with nearly 100 partners across the energy sector, including producers, pipeline operators, utilities, LNG providers, investors, and lenders. It is a mission-driven B‑Corporation (approval pending) and partners with the Colorado School of Mines Payne Institute to share best practices and insights from continuous monitoring. The company positions its product as a tool to provide actionable, independent data that supports customers’ net-zero and decarbonization goals.

Team

No current team members are available.