Ten active investments across Climate Fund 1 and Climate Fund 2.
The companies we back.
Across water, energy, waste, food, marine, and industrial decarbonisation. New Zealand-led, Australia and the Pacific in scope.
Industrial · CVCF 1 + 2
Liquium
Catalysts that transform Haber-Bosch ammonia synthesis. Wellington.
Dramatically increasing catalyst productivity vs commercial incumbents.
Energy storage · CVCF 1
MGA Thermal
Patented miscibility-gap-alloy thermal storage, making 24/7 renewables a reality.
Series A complete; demonstration plant operational.
Water · CVCF 1 + 2
NovoLabs
World-first Supercritical UV Disinfection System, treating wastewater with UVT below 1%.
NZ Hi-Tech Awards 2024, Most Awarded Hi-Tech Company.
Waste & circular · CVCF 1
Cleanery
Patented household and personal care products in powdered form.
Sold in supermarkets across Australasia and the USA.
Industrial · CVCF 1
Zethos
Decarbonising precious metal recycling, addressing $10B in waste-zinc dust globally each year.
Series A complete; demonstration plant in Christchurch.
Agri-food · CVCF 1
Aplenty
Green CO₂ for greenhouse horticulture, replacing fossil-fuel-derived industrial CO₂.
Piloting with leading NZ growers; further capital raise underway.
Agri-food · CVCF 1
Mara Bio
Proprietary fermentation platform turning food-industry by-products into functional proteins.
$1M seed round 2025, with K1W1 alongside CVCF.
Agri-food · CVCF 1
Teiny
Oat milk powder. The nutrition of dairy with the sustainability of plant-based.
Potential to slash emissions by up to 95% vs liquid alternatives.
Agri-food · CVCF 1
Dot Ingredients
Wood-based alternative to petrochemical and palm-oil ingredients used in everyday products.
Sustainably replacing 95% of traditional surfactants.
Marine · CVCF 1
Ocean Balance
Marine carbon-removal technology with potential for lasting gigatonne-scale removal.
Lab trials underway. First marine trials planned late 2026 / early 2027.
Climate Impact Committee.
Each investment passes the Climate Impact Committee.
Seven independent experts use the IRIS+ framework to measure each proposed investment before capital deploys. They can veto a deployment of capital. No NZ or Australian peer offers comparable governance.
Meet the Committee