Launching the Climate Accelerator to support tech entrepreneurs
Katapult and Lundin Foundation are partnering to launch The Climate Accelerator, supporting tech entrepreneurs that advance zero and low carbon solutions at scale. The accelerator program will kick off in October this year.
51 billion tonnes CO2 emissions to zero! In 30 years.
That is the world’s biggest challenge, the world’s fastest-growing market, and the challenge we all need to solve. This is the reason we are launching this new accelerator program together with Lundin Foundation,” says Nina Heir, CEO at Katapult Accelerator and Katapult Climate.
The new accelerator program is taking on this massive opportunity and will be focusing solely on climate tech companies targeting solutions to drive the energy transition and reduce its impacts. Focus areas will include renewable energy, smart cities, industries and clean mobility, carbon capture, reduction and storage, and new frontiers such as digital technologies.
“Responding to the pressures of climate change is one of the most pressing challenge of our time – we believe in the power of entrepreneurs to find and scale the most ground-breaking solutions. We are extremely proud to join forces with Katapult to propel the next frontier of climate-tech entrepreneurs through the Climate Accelerator” says Erin Johnston, Managing Director, Lundin Foundation.
For the next couple of months leading up to the start of the accelerator program, Katapult and Lundin Foundation are on the hunt for outstanding climate tech startups to join the online accelerator program. Through the program, each selected company will receive an investment from the Katapult Climate Fund ranging from 150K – 400K USD, access to an extensive mentor and partnership network and will participate in a tailor-made hands-on program that will aim to scale their businesses and ensure they are investor-ready for raising more capital in the future.