Overview
- Name: Khasma Capital
- Headquarters: New York, NY
- Website: www.khasmacapital.com
- Investment focus: Climate, energy and electrification
- Investment geographies: North America
- Eligible LPs: Family offices, foundations
Khasma Capital, formerly Nexus Development Capital, is raising $150 million for its second fund to support early-stage developers of low-carbon infrastructure projects in the US and Canada.
The woman-led firm developed its investment strategy through its $50 million first fund. Khasma invests in young climate and circular economy ventures that are caught in the “missing middle” between seed-stage funding and infrastructure finance. It provides growth equity and strategic support to help developers de-risk and commercialize decarbonization technologies, moving projects from concept to construction.
Khasma’s second fund will double down on the strategy. Its portfolio includes OnePlanet, a solar recycling startup that recently raised $7 million to build its first-of-a-kind facility in Florida. The plant will recover high-waste, critical metals from decommissioned solar panels, reintroducing them into the domestic supply chain amid rising demand and trade pressures.
Khasma tracks emissions reductions and job creation, especially in rural and low-income areas, as key impact indicators.
This profile was written with AI assistance. All content is verified and edited by an ImpactAlpha editorial team member prior to publication.
This publication does not constitute investment advice and should not be relied on to make investment decisions.
