Climate Innovation Capital

Climate Innovation Capital (ClimateIC) is a growth equity and venture firm based in Toronto that invests in mid-stage climate technology businesses. The firm's stated thesis centres on commercially proven, cost-competitive solutions that reduce carbon emissions as a direct outcome while addressing large-scale inefficiencies. Investments are made globally, with the firm targeting companies at the point where technology risk has been substantially retired and the task is scaling.

The firm describes its mandate as dual: delivering superior financial returns while accelerating the transition to a low-carbon, resilient global economy. Rather than concentrate on a single vertical, ClimateIC takes a cross-sector approach. Areas of activity span buildings, industry, energy and power, agriculture and food, transportation, and waste and recycling. The common thread is scalability and commercial value creation - the objective is to make industries more profitable, resilient, and prepared for the future.

Alongside capital, the firm provides hands-on support to portfolio companies, with its team working alongside management as businesses navigate the challenges of growth and transition. ClimateIC characterises its role as finding, funding, and growing commercial innovations that decarbonize the economy.