• Crosstown H2R

  Participated · Seed · Jul 2025

  Crosstown develops the proprietary H2R® Burner that allows existing gas turbines to operate on 100% renewable fuels and provides multi-fuel, transitional capability from natural gas to zero‑carbon fuels. The technology immediately cuts NOx emissions by up to 85% and can enable complete elimination of CO₂ from a turbine, with a single 100MW turbine fitted able to eliminate over 300,000 tons of CO₂ annually. Crosstown says its burner is faster and cheaper to install than full turbine replacements, repurposing existing infrastructure and helping avoid stranded assets. The company already works with major industry players such as Sulzer and Fortum and has won a European Patent Office patent for the burner in March 2025. With fresh funding, Crosstown plans to accelerate rollout of the H2R® Burner, expand its product portfolio across additional turbine platforms (including Rolls‑Royce, GE, Siemens, ABB) and establish further sales partnerships with ISPs and OEMs. The company is also growing its expert team at its headquarters in Switzerland to support commercialization and wider deployment. Founded in 2022 in Switzerland, Crosstown H2R develops the proprietary Crosstown Burner (H2R®) to convert gas turbines to run on hydrogen or other low-/zero-carbon fuels, eliminating CO2 emissions from those turbines. The burner is designed for ultra-low NOx capability to meet forthcoming 2025 NOx regulations in Europe and the US. The company has tested its newest generation of burners and plans installations in Sulzer's and Fortum's turbines beginning in 2024. Partnership with Sulzer provides access to over 3,500 new and existing gas-fired turbines in Europe and tens of thousands more worldwide; Fortum customers can use the burner to reduce greenhouse gas emissions by half by 2030. Crosstown highlights the scale of the opportunity by noting a single 100 MW gas turbine can emit around 300,000 tons of CO2 annually at 50% capacity. The company has secured funding and partnerships to accelerate commercialization and deployment.

• New Iridium

  Participated · Seed · Jun 2025

  New Iridium builds a low-cost, low-carbon bio-ethanol oxidation platform to produce bio-based acetic acid and ethyl acetate as drop-in replacements for fossil-derived chemicals. The company leverages existing first-generation bioethanol infrastructure and domestically sourced feedstock. Its process is designed for scalable, low-carbon operation while maintaining performance and supply reliability. New Iridium plans to accelerate development of its flagship platform and advance construction of an industrial pilot facility with a capacity of 50 metric tons per year (approximately 140 kilograms per day) to validate process scalability. Both target products recently received USDA BioPreferred certification for 100% bio-based content. The company has received prior support from the National Science Foundation and the U.S. Department of Energy, including an SBIR grant from BETO and ENERGYWERX vouchers. New Iridium develops a photocatalysis platform that uses light rather than heat to produce low‑carbon chemicals and convert CO2 into value‑added products. The company says its technology can sharply reduce carbon emissions through process efficiencies and electrification while lowering production costs versus incumbent processes. It was awarded a $1 million National Science Foundation (NSF) SBIR Phase II grant to accelerate development of the platform. New Iridium is an Innosphere Ventures REACH Client Company based in Fort Collins, CO. The company has formed a strategic partnership with Braskem to advance its CO2 conversion technology and support industry carbon‑neutrality goals. New Iridium has also received recognition as an EPIC pitch finalist at the DOE Small Business Forum & Expo, a Nature Spinoff Prize “One to Watch,” and a Hello Tomorrow Environment track winner.

• Aquaria

  Participated · Equity · Nov 2024

  Aquaria develops modular atmospheric water generators (AWGs) and a linked "Hydrogrid" that produce clean drinking water from ambient air using patented materials science and heat-exchange technology. Its units are designed to be stacked in parallel, deployed in weeks, and integrated with solar and battery systems for net-zero operation; the company markets the technology as energy-efficient and affordable. Aquaria has built the first homes fully supplied by atmospheric water and is constructing 1,000 homes in Hawaii using its systems. The company plans to expand its footprint into new regions and pursue residential, hospitality, commercial, and mid-scale industrial opportunities such as green hydrogen, mining, and data centers. Aquaria partners with Stanford’s Mark Jacobson on research to integrate atmospheric water capture with microgrids. Financially, Aquaria has secured a $112M investment and a $100M deployment financing commitment to accelerate commercial deployments and project financing models.

• Nevoya

  Participated · Seed · Oct 2024

  Nevoya purchases electric trucks and provides carrier services to shippers, using AI to optimize routes, match and balance loads, and manage charging and batteries. The company says it is hauling freight for 10 different Fortune 500 companies and has achieved cost parity with similar-sized diesel trucks in California. Nevoya applies automation to dispatching and fleet orchestration to reduce cost per mile and maintenance. It is expanding beyond California into states like Texas, already hauling freight in Houston and Dallas. To enter markets with less charging infrastructure the company uses interim solutions such as passenger vehicle charging stations and school bus depots and plans to invest in dedicated charging infrastructure. Nevoya is also hiring general managers to run local operations like startups to accelerate growth. Nevoya operates a zero-emissions technology and trucking platform that exclusively fields electric trucks (currently Freightliner eCascadias) to carry goods for shippers. The company pairs its fleet with AI-driven software to optimize routing, truck usage, and charging to lower costs versus diesel. Nevoya says it already moves freight for undisclosed Fortune 500 customers in the Los Angeles area. The startup plans to build its own charging infrastructure over time and eventually expand into smaller-class trucks and new U.S. markets, beginning with Texas. Nevoya’s leadership combines automotive, autonomous-vehicle partnerships, and supply-chain analytics experience. The company is still working toward cost parity with diesel, and some customers currently pay a premium to decarbonize their Scope 3 emissions.

• Novobiom

  Participated · Seed · Jun 2024

  Novobiom applies fungal biotechnology to convert various wastes into valuable outputs such as green chemicals, biogas, and reusable materials. The company focuses on textile recycling, soil remediation, and circularity in cosmetics, aiming to mimic natural recycling processes. Novobiom seeks to exploit specific fungi strains to advance biotechnology for a circular economy. It recently secured €2M in a seed funding round to accelerate its waste-management solutions and develop a biorefinery pilot plant. The funding will also support the commercial launch of its soil remediation solutions and team expansion. Novobiom collaborates with industry partners, including L’Oréal, which selected the company for its Green Science Incubation program to demonstrate commercial viability.

No current team members are available.