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Climate Capital
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Subscription Amount
$5,000+ Quarterly
Subscription Period
1 Quarter
Management Fee
2% per year over 10 years
Carry
20%
Admin Fee (annualized)
$2.5k + 0.2% of contributed capital
Invest Account
Select invest account
Note from Climate Capital
Note: if you learned about Climate Capital via a referral, social media or other means outside of AngelList please note it in your application.
Welcome to Climate Capital! We’ve been investing in climate since 2015 & our portfolio includes dozens of notable companies with large-scale climate impact including
CC Micro is an AngelList rolling fund that invests $10k - $25k into the top 15-25 opportunities we see across domains each quarter, mostly at the pre-seed, seed, and Series A stage.
Implied MOIC on our first 3 microfunds is 5x, 4.5x & 4.2x.
Deck: docsend.com/view/975ju77
Investment Team:
- GP: Sundeep Ahuja, a 3x founder-turned-investor with 15+ years in impact (non-climate portfolio) and 10+ years in climate.
- Sr. Associate: Ian Campbell, a climate-focused investor & builder with 4+ years of experience working with deep climate technologies.
- Extended team: several partners @ Climate Capital Syndicate with expertise across industries. We also have a Seed Fund and we co-run the Climate Scout Fund, all of which are top-of-funnel for CC Micro.
Why Climate Capital?
- Our novel “micro fund + SPV” approach has allowed us to build an exceptional portfolio across domains, and one of the largest climate founder communities in the world.
- Our community of dozens of scouts, hundreds of founders, and thousands of syndicate LPs, combined with compelling content across newsletters, podcasts, and events, empowers us to more effectively deploy capital.
- We regularly invest alongside Tier 1 firms including Lowercarbon, Obvious, Congruent, and Union Square. We have regular dealflow check-ins with several leading firms.
- We are one of the original climate-focused funds and accordingly get access by having been in the climate space for over a decade, and by working hard to support our founders & earn their referrals. Founders like that we invest early, make decisions quickly, and are fast to respond when they need support.
We offer reduced carry for larger investments:
- $25k/quarter x 4 quarters, 18% carry: angel.co/v/l/W6zFL
- $50k/quarter x 4 quarters, 15% carry: angel.co/v/l/QUTHu
- $100k/quarter x 4 quarters, 12.5% carry: angel.co/v/l/Bo4mK
- $250k/quarter x 4 quarters, 10% carry: angel.co/v/l/mtfQM
More on the GP’s background below. Get in touch with any questions: [email protected]
__________________
GP’s work in Climate:
- 2010: founded blissmo (acq) to introduce shoppers to sustainable & non-toxic products
- 2013: published HALINE, a 4.6 star-rated "Hunger Games meets Climate Change" novel
- 2014: produced #LastGlimpse, a "Bourdain meets Climate Change" TV Pilot
- 2014: co-founded Silicon Climate, an accelerator for climate impact startups
- 2019: founded Climate Capital, an early-stage fund for climate impact startups
GP’s work in Technology:
Sundeep
Investment Details
Subscription Start Date
January 1, 2025
Minimum Quarterly Subscription
$5,000
Management Fee
2% per annum over each fund's 10-year life, payable quarterly over the first two years
Carry
Twenty percent (20%)
Admin Fee (annualized)
$2.5k + 0.2% of contributed capital
Fees for each quarterly fund in the Rolling Fund Program will vary based on each quarterly fund’s capital contributions since the fee includes a flat fee component. Last quarter, this fund closed $451.5k in capital. Learn more about how to estimate your commitment’s fees at our help center.
Fund Lead Commitment
Climate Capital's personal subscription per quarter will be at least $2,500.
Investor FAQ
How is this program different from venture fund investing?
How do subscriptions work?
How do management and admin fees work?
How does carried interest work?
How do distributions work?
Will a Limited Partner (LP) participate in all investments made by the funds offered through this Program?
Will an LP's percentage ownership of quarterly funds always be the same?
Are LPs guaranteed access to Climate Capital's future funds?
How are subscriptions funded?
How does changing or canceling a subscription work?
Who manages these funds?
Do funds in this Program have minimum or maximum investment sizes?
What happens if funds in this Program do not invest their total capital each quarter?
When will LPs learn about companies the funds invested in?
Can LPs opt out of specific deals?
Can LPs sell their investment in the fund?
Can LPs redeem their interests in the fund?
When will funds launched under this Program begin deploying capital?
How do I receive tax documents from this Program?
Unanswered questions? Contact AngelList
The performance of past deals or a lead investors' track record is not a guarantee of future returns. Venture capital fund investments are inherently risky and illiquid. Such investments involve a high degree of risk and are suitable only for sophisticated and accredited investors.
AngelList and its affiliates do not provide investment advice to investors. The information on this page should not be relied upon as research, investment advice or a recommendation of any kind. Information on this page is qualified in its entirety by the fund's Limited Partnership Agreement, Private Placement Memorandum and Subscription Agreement, which should be reviewed carefully prior to making an investment decision. Please see these documents for full details regarding risks, minimum investment, fees and expenses. The Fund Lead and the fund's investment advisor have the right to waive or charge additional carry to certain investors. The fund's legal name may be different from the name used above.
This fund may accept new investors after the fund undergoes a valuation update. Certain potential investors in the fund may then have access to materially different information concerning fund value at the time of their investment.
Current or future portfolio companies in this fund may use AngelList's recruiting platform and may pay an affiliate of the fund's investment adviser for premium recruiting tools and services. This may create a potential conflict of interest for the investment adviser, which you will consent to by subscribing to the fund.
Please read the disclosures in full here.
Apply To Subscribe
Subscription Amount
$5,000+ Quarterly
Subscription Period
1 Quarter
Management Fee
2% per year over 10 years
Carry
20%
Admin Fee (annualized)
$2.5k + 0.2% of contributed capital
Invest Account
Select invest account