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Exelon Foundation fuels climate tech startups with small checks and big support

Exelon Foundation's 2c2i program is investing in climate tech startups by providing smaller checks of up to $300,000 alongside strategic support. The program has backed over 30 companies since 2019, helping them secure significant follow-on funding and generate substantial revenue. This initiative aims to foster climate impact by valuing and recovering materials from retired energy infrastructure, contributing to both environmental sustainability and national energy security. AI

IMPACT Accelerates the adoption of AI for material recovery and energy efficiency in the climate tech sector.

RANK_REASON Significant investment program by a major utility company into climate tech startups. [lever_c_demoted from significant: ic=1 ai=0.7]

Read on Forbes — Innovation →

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Exelon Foundation fuels climate tech startups with small checks and big support

COVERAGE [1]

  1. Forbes — Innovation TIER_1 English(EN) · Ken Silverstein, Senior Contributor ·

    Exelon’s Climate Bet: How $300K Checks Are Unlocking Half A Billion

    Exelon Foundation's 2c2i bets small equity checks can rival a corporate VC arm on climate impact. See how Buckstop and Public Grid are testing that model.