Climate Innovation Capital

Growth Equity for Decarbonization

Venture Capital Active Toronto, Canada Est. 2020
Visit website ↗ LinkedIn
Last updated 2026-06-18
Portfolio
1
in our dataset
Rounds participated
1
Rounds led
1
Rounds' value
$19.0M
total disclosed, rounds participated
Stages
C Round, E Round, B Round, D Round

About

Climate Innovation Capital (CIC) is a growth equity fund investing in technology and service businesses focused on climate change. The firm's purpose is to deliver superior risk-adjusted returns and decarbonize the economy. They leverage their strong network and extensive experience as operators, climate advisors and investment professionals to source attractive opportunities and enhance the growth prospects of their investments. CIC is the successor fund to ScaleUP Ventures Fund I, an early stage innovation and technology fund.

Portfolio · 1

Groundwork BioAg
Mycorrhizal Inoculants and Premium Carbon Credits for Commercial Agriculture
Led ★ 1 round $19.0M committed Latest: 2022-08

Investment activity

Portfolio by sector

Agriculture & Food Technologies1

Q&A

What is Climate Innovation Capital's investment focus?
Climate Innovation Capital is a growth equity fund that invests in technology and service businesses focused on climate change and decarbonization.
When was Climate Innovation Capital founded?
Climate Innovation Capital was founded in 2020.
Who are the co-founders and managing partners of Climate Innovation Capital?
The co-founders and managing partners of Climate Innovation Capital are Paul Atkinson, Nelson Switzer, and Kevin Kimsa.
What is a notable portfolio company for Climate Innovation Capital?
A notable portfolio company for Climate Innovation Capital is Groundwork BioAg, which specializes in mycorrhizal inoculants and premium carbon credits for commercial agriculture.
In which funding stages does Climate Innovation Capital typically invest?
Climate Innovation Capital typically invests in B Round, C Round, D Round, and E Round funding stages.
What is Climate Innovation Capital's primary geographic focus?
Climate Innovation Capital is headquartered in Toronto, Canada.
Can you provide details on a recent investment by Climate Innovation Capital?
In August 2022, Climate Innovation Capital participated in a B Round for Groundwork BioAg, which raised $41.2M.
What sector does Climate Innovation Capital primarily invest in?
Climate Innovation Capital has invested in the Agriculture & Food Technologies sector, as seen with their investment in Groundwork BioAg.
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