The climate investment community has spoken! Meet their top picks for 2021—early-stage climate companies ripe for investment and poised for impact.
Important notes about the data:
Investment in climate ventures increased 40x in the last 6 years. First money in VCs, angel investors, and philanthropies have the risk appetite to support promising, early-stage companies but smaller staffs and fewer resources to do the due diligence and keep up with all the new regulation and climate market changes. Simultaneously, VCs regularly turn away strong teams with high potential because of thesis fit or the opportunity is just a little too early or too risky at that time. We decided to help bridge these groups and ask leading climate investors to spotlight the strongest early stage climate companies so that they could reach high risk capital and get to scale and profit faster.
Diamond List is an attempt to surface the untapped gems in climate — early-stage companies that deserve investment, but have so far been overlooked. We modeled Diamond List after Hollywood’s Black List for under-the-radar screenplays. Since 2005, the Black List has uncovered hidden gems such as ‘Argo’, ‘Juno’, ‘Slumdog Millionaire’, and ‘The King’s Speech.’ Black List films have grossed over $25 billion and have been nominated for over 240 Academy Awards, winning more than 45.
You — professional investors, analysts, and angels — nominate early-stage climate companies you believe in. We share the resulting list of companies back with you; perhaps others investors have spotted a diamond for your fund! We will also proactively share the list with angels and philanthropic investors. They’re uniquely risk tolerant and eager to take notes from the collective experience of this group.
We accept nominations with or without revenue, anywhere in the world.
So tell us — who are the diamonds in the rough?