Catalytic Capital | February 28, 2024

Prime Coalition’s Trellis Climate backs Ample Carbon and Ebb Carbon

Roodgally Senatus
ImpactAlpha Editor

Roodgally Senatus

ImpactAlpha, February 28 — Trellis Climate, formerly Early Climate Infrastructure, was born last year when Actuate Climate, a nonprofit climate tech research and development shop “spun in” to Prime, a nonprofit climate fund manager. Prime brought on Actuate’s Lara Pierpoint as director of Trellis.

Trellis offers impact-first, catalytic capital to early-stage climate tech startups to close capital gaps on their way to commercial scale. “Trellis aims to expedite the scaling of climate technologies so that they fulfill their promise to the planet on a timeline that matters,” says Prime.

Low-carbon transition

Trellis has backed Ample Carbon, which is looking to bring green jobs to coal communities by repurposing retired coal plants into bioenergy plants with carbon capture and storage. Ebb Carbon, based in San Carlos, Calif., is developing an electrochemical process to enhance the ocean’s natural capacity as a carbon sink.

Ample and Ebb will use the investments from Trellis to build demonstration facilities.