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Earthshot Ventures

Palo Alto, California, 94303, United States

Overview

Earthshot Ventures is an early-stage venture capital firm that supports entrepreneurs developing creative solutions to address climate change. Earthshot harnesses the power of the global network our team has built over the last two decades to accelerate climate technology adoption and create iconic brands. The fund is led by Mike Jackson who has spent 15 years as an entrepreneur and VC in climate tech, and Dawn Lippert, founder and CEO of Elemental Impact.

Total investments
19
Lead investments
1
Investments · 12mo
5
Active investors
2

Sector focus

  • Software
  • Venture Capital
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Investment portfolio

  • Mariana Minerals

    Participated · Series B · Aug 2026

    Mariana Minerals combines proprietary software and capital project execution to build and operate mines and refineries for critical minerals. Its MarianaOS platform integrates CapitalProjectOS, PlantOS and MineOS into a single AI and machine learning stack intended to compress multi-year project execution timelines and reduce commissioning time. The company operates active projects including Copper One, which is ramping toward 50,000 metric tons of refined copper per year, and Lithium One, a GWh-scale facility targeting commercial lithium production from oil & gas produced water in the first half of 2027. Mariana has raised roughly $400 million of parent and project capital to date, including the $310 million Series B. The company plans to scale to 10 commercial-scale projects in 10 years, using data from each project to improve its software and lower costs for subsequent builds.

  • Atana Elements

    Participated · Seed · Jun 2026

    Atana Elements uses proprietary AI and machine-learning models combined with deep subsurface expertise to identify and de-risk overlooked mineral deposits. The company claims it can accelerate discovery timelines to roughly 22 months, compared with the typical five-to-ten year cadence. Atana is currently focused on lithium exploration, with plans to expand into helium, hydrogen, and copper. It already has projects underway across the EU and the Americas. The company is led by CEO Thomas Wilson. Financially, Atana recently closed a $27.5 million seed round from Overture Ventures to support its ongoing exploration and growth activities.

  • Derapi

    Led · Seed · Feb 2026

    Derapi builds the connective software infrastructure that allows distributed energy resources (DERs) to plug into grid programs through a single, standardized API. Its platform offers secure data access, device control, and authorization, turning fragmented devices into coordinated grid-scale assets for utilities, virtual power plant operators, and energy software providers. The company is led by veterans from EnergyHub, Enphase, AutoGrid, and Proterra who aim to eliminate integration complexity in the rapidly expanding DER ecosystem. Customer feedback, including from Uplight, indicates that Derapi dramatically shortens the time required to onboard new battery partners. With electricity demand rising and grid reliability under pressure, Derapi positions itself as the trusted interoperability layer that unlocks flexibility and resilience. The newly secured funding will expand the team and support connectivity for millions of smart energy devices across the United States. Although the company has not disclosed revenue or user numbers, its focus is on scaling adoption of its universal integration layer among energy innovators.

  • Cloover

    Participated · Series A · Jan 2026

    Berlin-based Cloover offers an end-to-end operating system that combines workflow management, financing, procurement, and energy optimisation for residential renewable-energy projects. The platform uses AI to automate installer operations, underwrite credit by factoring projected energy savings, and pre-finance public subsidies so consumers can avoid upfront costs. Installers can offer point-of-sale financing, improving conversion rates and shortening cash cycles, while institutional investors gain access to a new sustainability-aligned asset class. Cloover reported more than eight-fold revenue growth in 2025, remaining profitable with sales nearing $100 million. Management forecasts revenue of about $500 million in 2026 and $1 billion in 2027. With fresh capital, the company plans to expand into France, Italy, the United Kingdom, and Austria, and to further automate its platform with additional AI-driven capabilities.

  • Emerald AI

    Participated · Seed · Nov 2025

    Emerald AI, founded in 2024 and based in Washington, D.C., develops energy technology for data centers. The company has raised more than $65 million since its founding and has announced a new $90 million financing round. Emerald AI recently landed a deal with Silicon Valley Power and is preparing to participate in Nvidia's 96-megawatt Manassas data center project. The article does not provide revenue, user, or other operating metrics, nor does it detail the company's specific product architecture. It also does not disclose its investors or valuation in connection with the new financing.

Team