Azolla Ventures

Azolla Ventures is an early-stage venture capital firm dedicated to investing in climate solutions that have the potential to avert catastrophic climate change. The firm focuses on ventures at the earliest stages, where risk and reward are highest, prioritizing impact first: every investment holds the potential for large-scale greenhouse gas reductions and a more just climate for all. Founded by Prime Coalition and enabled by catalytic capital, Azolla Ventures seeks out bold entrepreneurs from all corners and embraces opportunities outside of venture norms.

The firm's investment strategy is centered on identifying companies with the potential for gigaton-scale CO₂e reductions. Azolla Ventures manages the $239 million Azolla Fund I and the $50 million Prime Impact Fund, blending catalytic, charitable capital with impact-aligned, market-rate capital to drive investment into solutions with deep potential for climate impact that are systemically overlooked by conventional financiers. This approach allows Azolla Ventures to embrace high risk at the earliest stages and help safeguard impact as companies scale.

Azolla Ventures operates in partnership with Prime Coalition, a nonprofit organization that steers and influences capital to support scalable solutions to climate change. The team comprises individuals from diverse backgrounds, united by a shared commitment to achieving climate impact. The firm's name is inspired by the Azolla Event, a historical period when the aquatic fern Azolla drew down nearly half of all atmospheric CO₂, reversing climate change and making the earth habitable again. Azolla Ventures aims to enable a planetary shift of the same magnitude by supporting extraordinary teams to commercialize climate breakthroughs.