Climate Pledge Fund
601 Monster Road SW, Renton, WA, 98057, United States
Overview
In June 2020, Amazon announced The Climate Pledge Fund to support the development of sustainable and decarbonizing technologies and services that will enable Amazon and other companies to meet the goals set by The Climate Pledge. This dedicated investment program—with an initial $2 billion in funding—will invest in visionary companies whose products and solutions will facilitate the transition to a low-carbon economy.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 2
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Paebbl
Participated · Series A · Oct 2024
Paebbl focuses on eliminating the carbon footprint of cement by replacing carbon-intensive clinker with a magnesium-based silicate binder that permanently locks away CO₂ through accelerated mineral carbonation. The company’s process yields supplementary cementitious materials—or partial clinker replacements—without compromising strength or durability. To speed development, Paebbl and its research partners employ machine-learning models and advanced simulations that optimize both the mineralization reaction and the design of low-carbon concrete mixes. Industrial validation is a priority: the project consortium includes precast concrete leader Consolis and global building-materials firm Holcim, alongside Delft University of Technology and KU Leuven. Paebbl has also launched what it calls the world’s first continuous CO₂ mineralization demonstration plant, underscoring its move from lab science to real-world deployment. The firm’s approach positions concrete not just as a lower-emission material but as an active carbon sink, aligning with EU goals to decarbonize hard-to-abate sectors.
- Turntide Technologies
Participated · Equity · Sep 2020
Turntide Technologies develops axial flux electric motors, which differ from conventional radial flux designs in magnetic field arrangement and can offer lower weight, reduced packaging requirements and higher power density. The company faces manufacturing challenges for volume production due to production complexity and cost. To address this, Turntide launched Project SUPREME—an 18-month programme running to January 2028—aimed at automating winding, tooling and validation processes to enable higher production volumes. As part of the project it intends to develop and register intellectual property tied to the manufacturing processes. The work is being supported through the Advanced Propulsion Centre UK's DRIVE35 Scale-up Fund, subject to government approval. The article does not provide financial metrics such as revenue or past funding details.