We are thrilled to announce New Summit Investments’ latest strategic investment in Aligned Climate Capital’s Fund 2 (ACF2), a venture capital fund at the forefront of accelerating the global transition to a sustainable economy. This investment underscores our commitment to impactful change and our confidence in Aligned Climate Capital’s approach to catalyzing essential climate technologies.
Aligned Climate Capital, founded by veterans of the U.S. Department of Energy’s Loan Programs Office, leverages deep expertise in climate investment to drive significant reductions in greenhouse gas emissions. The firm’s focus on proven, scalable clean energy solutions aligns seamlessly with our investment philosophy, emphasizing both immediate impact and sustainable growth.
ACF2 is dedicated to investing in transformative companies across key sectors including:
We are particularly impressed with Aligned’s proactive, value-add approach to portfolio management, emphasizing strategic partnerships and public policy insights. This complements our approach of investing with active fund managers who are deeply involved in the growth and success of their portfolio companies.
Joining forces with Aligned Climate Capital, we are eager to contribute to their mission of deploying impactful solutions that address urgent climate challenges while advancing social and economic equity.
By investing in ACF2, New Summit also aligns with respected institutional investors like TIAA/Nuveen, Nathan Cummings Foundation, Schmidt Family Foundation, and Rockefeller Foundation.
We extend our enthusiastic support to the team at Aligned Climate Capital as we embark on this promising venture, poised to make significant contributions to the climate tech landscape.