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.
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.
What we 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 Climate Accelerator Program has closed, but Katapult Climate will continue to accept late applications until July 2021.
We are excited to review 1000 + companies for our upcoming program!