The fund’s launch comes amid subdued conditions for venture capital, signalling confidence in Climate Tech Partners’ (CTP) unique model of aligning capital with end-user corporate demand.
By working closely with industry, CTP aims to accelerate decarbonisation through a curated pipeline of validated technologies, offering de-risked, demand-driven investment opportunities.
The cooperative approach is designed to shorten commercialisation timelines for start-ups while giving corporate partners access to tailored climate solutions.
“We’re seeing a wave of breakthrough climate tech – electrification, sustainable fuels, next-gen grids – gaining real traction,” said Patrick Sieb, co-founder of Climate Tech Partners. “With tech readiness, corporate demand and policy aligning, it’s a powerful moment to invest. Even in the US, bipartisan backing for energy security and sustainable fuels shows just how durable this opportunity is.”
So far, CTP has raised more than $50 million across its core fund, as well as in a dedicated aviation-focused investment vehicle which has drawn support from Qantas and Airbus. Moreover, the venture firm has secured 11 corporate partners across sectors including energy, transport, industrials and mining.
According to CTP, its new fund will deploy capital into Series A-stage start-ups across gridtech, low carbon fuels and climate adaptation, guided by strong corporate engagement – amid global decarbonisation momentum driven by China’s clean energy push and the EU’s sustained policy alignment, despite market volatility in the US.
Commenting on the fund’s success, Ian Learmonth, chief executive of the Clean Energy Finance Corporation (CEFC), said: “We are thrilled to support Climate Tech Partners and their model, which is driven by industry demand.
“The team at Climate Tech Partners has a strong background in venture capital and tech investments and is well-placed to identify the next wave of technologies that will drive emissions reduction across key sectors. We are confident this team will deliver both environmental and commercial outcomes.”
Chief investment officer at Australian Ethical, Ludovic Theau, said the fund will allow the ethical investment manager “to feed capital to the emerging companies in energy and climate tech that will shape a net zero tomorrow”.
“We’re confident in the growth opportunity this represents and are committed to climate and tech as a source of competitive returns for our investors.
“This partnership aligns with our ethical charter and our approach to be at the forefront of investment in future focused sectors that support a net zero economy.”