The Climate Accelerator Program

The Climate Accelerator Program, powered by Lundin Foundation, is targeting the most groundbreaking tech startups building solutions to fight climate change.

Ludin Foundation logo

Man talking

About the Climate Accelerator Program

The Climate Accelerator is an exciting new program that supports ground-breaking start-ups to launch solutions combating climate change. Scaling-up the most promising start-ups to tackle climate change requires an unprecedented level of collaboration from the private, public and not-for-profit sectors across different industries and geographies.

The Climate Accelerator leverages Katapult’s track record of running accelerator programs and investing in impact tech start-ups, and the Lundin Foundation’s extensive impact investment expertise.The program will accelerate the growth of climate tech start-ups by providing training, technical expertise, financing, and access to our extensive global network.

About Lundin Foundation

Lundin Foundation is supporting Lundin Energy in investing in the transition to a low carbon economy. As a key part of Lundin Energy’s decarbonization strategy and commitment to carbon neutrality by 2025, the Foundation’s mandate is to support high potential, early-stage businesses that advance zero and low carbon innovations at scale. The Foundation receives an annual financial contribution from Lundin Energy to make impact investments into such businesses and to provide funding and strategic guidance to accelerator programmes that encourage the growth of sustainable innovations.

Lundin Foundation is an experienced impact investor with over 10 years track record of investing in the renewable energy sector. The Foundation has supported programmes and start-up businesses all over the world with funds totalling NOK 600 million. Lundin Foundation is proud to support the next generation of climate tech start-ups through the Climate Accelerator Program.

  • Application Read more

    Application

    Are you a for profit startup with a positive impact on the climate? We would like to know more about you.

    Katapult Climate invest in traditional, transitional and deep impact cases within Renewable energy, Smart cities, Carbon Capture and New Frontiers.

    In addition to the main domains we are also looking into solutions that have an impact on i.e CO2 reduction and electrification on production of food.

    We are always interested to get in touch with great startups. Should we be keeping an eye on you?

  • Screening

    Our investment decision process includes several interviews where you will get to present yourself and your company, and get to know our team. Interviews will contribute to our insight and assessment to team quality, impact potential, your product, business model, scalability & accelerator fit.

  • Due Diligence

    Due diligence means understanding your organisation’s current situation and what is required in order to reach both business and technological milestones. The global potential of your company is also assessed.

    We additionally conduct a deep dive impact screening to assess the overall impact of your operations and how aligned and integrated it is with the company strategy.

  • Investment

    We invest in all the companies that take part in our accelerator programme. The ticket size vary from USD 150 000 – 500 000, which we invest in your company in return for equity. We charge a program fee which cover the costs of running the accelerator and can be deducted from our investment.

  • Acclerator

    In addition to investment into your company, you will take part in an intense accelerator programme tailored to ocean startups.

    During the programme you will get hands-on mentorship from top global subject matter experts, serial entrepreneurs, business leaders and investors as well as access to pilot customers, test environments and real data.

  • Investor Day

    The programme runs for 3 months and ends with an exclusive event for active and ocean relevant investors, where where you will get the opportunity to pitch to impact investors from all over the world.

  • Scale Investment

    Katapult has raised a follow-on fund to increase our post-program capabilities and support our best performers. We can make investments in companies together with another lead investor, in Series A or similar sized rounds. Currently the fund has invested in three Katapult portfolio companies.

Application

Are you a for profit startup with a positive impact on the climate? We would like to know more about you.

Katapult Climate invest in traditional, transitional and deep impact cases within Renewable energy, Smart cities, Carbon Capture and New Frontiers.

In addition to the main domains we are also looking into solutions that have an impact on i.e CO2 reduction and electrification on production of food.

We are always interested to get in touch with great startups. Should we be keeping an eye on you?

What are we looking for?

We invest in early-stage start-ups with scalable solutions to combat climate change and accelerate solutions for a zero carbon and lower carbon future.

● Renewable energy – production, distribution, storage, and use of zero and low carbon energy. I.e batteries and energy storage, wind, solar, hydrogen, thermal, smart grid, and energy infrastructure.

● Smart cities, industry and clean mobility – reduction of CO2 emissions in industry, buildings and construction (energy efficiency and analytics, sensors, management, and monitoring), EV solutions and infrastructure, electricity usage, supply chain optimization, and transportation.

● Carbon Capture – carbon sequestration, optimization, infrastructure, and storage.

● New Frontiers – enabling technologies, exploration, dashboards, and data analysis solutions.

In addition to the main domains we are also looking into solutions that have an impact on i.e CO2 reduction and electrification on production of food.

The application period for The 2021 Climate Accelerator Program has now closed. If you are interested in applying for the next program, please join our watchlist:

We are excited to review 1000 + companies for our upcoming program!