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The Grantham Foundation for the Protection of the Environment

USGBOtherClimateDeep TechBio/PharmaOther

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Investment thesis

The Grantham Foundation takes early-stage positions in important yet underfunded climate opportunities, investing to redesign energy systems, improve soil health, spare the ocean from acidification, and directly recapture carbon from the atmosphere. As stated on their site: 'The venture capital industry can be reluctant to invest in risky technologies with externalized benefits, or in speculative business models which still require climate policy to mature. This leads to a gap in the market into which many ideas with enormous climate potential currently fall. We invest in this gap.' Many impact investments are made via the Grantham Trust's environmental venture capital vehicle, Neglected Climate Opportunities LLC, in partnership with allied philanthropies, often providing first capital or even funding first experiments for ideas the world needs but that others cannot help move forward.

Notable quotes

We only pick ideas that seem extremely important, ideas that have the potential to change the world. We expect to have many failures, but when we win, we expect it to be a very big win.

Jeremy Grantham · Bloomberg / Energy Connects, 'Green Investing May Be a Bubble, Jeremy Grantham Says' · 2021-11

This is going to be the most important investment theme for the rest of your life.

Jeremy Grantham · Bloomberg / Energy Connects, 'Green Investing May Be a Bubble, Jeremy Grantham Says' · 2021-11

Climate change is like some giant python. It's got us gripped, and it isn't squeezing that tight yet. But each year, it's getting a little tighter, and it shows no inclination to go away, and we're ignoring.

Jeremy Grantham · Morningstar, 'Why a Focus on Short-Term Profits Won't Hold Up Against Climate Change'

Recent investments

CompanyRoundSizeDate
Switch BioworksSeed$17m2024-09-05
InventWoodSeries A$8m2024-08-08
Applied CarbonSeries A$22m2024-07-31
BiocentisSeed$19m2025-11-19
Flux XIISeed$4m2025-11-06
V-GlassSeed$3m2026-03-17
Renewable MetalsSeries A$9m2026-04-20
StewardSeries A$9m2021-09-22
CellulotechSeed2025-07-08
ALORASeed2026-03-03

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