S2G Ventures

We are elated to release our new report, The Climate Finance Relay Race. This report examines how asset owners are approaching climate investing, the reasoning behind their strategies, and potential pathways to increase capital flows. We believe investment in what we term the “climate megatrend” offers an unprecedented opportunity to drive resource productivity, reduce volatility, and generate sustainable economic growth in a world of climate adaptation. However, climate investing is relatively new, siloed, and underrepresented. Further, there is an estimated $30 trillion in opportunity to invest in climate transition through 2030, with only about 20% of that opportunity being met. To better understand how to close this funding gap, we conducted interviews and a survey of 50+ asset owners managing trillions in capital to gather context and feedback on opportunities and frictions to climate-related underwriting. We find that the development of the enabling ecosystem is critical to navigating market and asset-owner-specific frictions to climate investment. In addition, we offer six suggestions for how the enabling ecosystem can best engage with asset owners to complete the climate “relay race” from catalytic, high-risk capital to institutional, lower-cost-of-capital projects. Read our full report, authored by S2G’s Sanjeev Krishnan, Mike Wise, and Jinchen Zou: https://lnkd.in/gJ58sCqj #climate #climateinvesting #climatefinance #assetowners #sectortransition #report #insights

As 2024 comes to a close, LineVision would like to thank S&P Global Commodity Insights for recognizing our efforts as part of the 26th Annual #PlattsGlobalEnergyAwards! 🏆 Increasing #GridCapacity and #Reliability is top of mind as LineVision meets the challenges of load growth with our #GridEnhancingTechnologies. We are so grateful to our many partners who helped make this year a success and look forward to more significant contributions to grid optimization in 2025 and beyond. For more on the #GridEdgeAward: https://lnkd.in/e-VyJyxt

In October, we announced our investment in REsurety, a mission-driven organization dedicated to accelerating the world’s transition to a zero-carbon future. As the global transition to clean energy accelerates, we believe the need for transparent and scalable market solutions has never been more pressing. However, it’s our view that the growth of clean energy is currently limited by status quo purchasing and risk processes. REsurety is helping to address this issue by empowering clean energy stakeholders by providing data-driven insights via its CleanSight products and innovative trading solutions through its new CleanTrade platform. Read more about REsurety's solutions and our partnership: https://lnkd.in/g7mZTa6H In case you missed it, watch our #EntrepreneurSpotlight video with Lee Taylor, REsurety's Founder and CEO: https://lnkd.in/dqqW33Nv #REsurety #Energy #CleanEnergy #EnergyMarkets #RiskManagement #ClimateSolutions #EnergyTransition Francis O'Sullivan

“We have to work hard in holding the hands of those that finance these ideas and helping them understand this is an opportunity.” S2G’s Francis O'Sullivan recently was a featured guest on Latitude Media’s Green Blueprint podcast, on which he spoke with host Stephen Lacey about the need to fill the financing gap to transition innovative energy projects from venture stage to infrastructure investment. Frank touched on S2G’s investment thesis, the reasons for the “missing middle” in energy capital, and the implications in the energy transition. This episode was recorded at the Mintz Energy Transition Summit and also features conversations with Mintz’s Tom Burton, the Bipartisan Policy Center’s Tanya Das, Ph.D., and Sidewalk Infrastructure Partners (SIP)’s Sayles Braga. Many thanks to Stephen Lacey and the Latitude team for hosting us! Listen to the full episode: https://lnkd.in/ghKQ2M85 #podcast #insights #energy #energytransition #energyfinance #GreenBlueprint #LatitudeMedia

We congratulate S2G portfolio company Sound Agriculture on their $25 million financing! This latest raise will help propel Sound toward profitability and support the launch of bioinspired nutrient efficiency solutions that can empower growers to achieve healthier soils, thriving crops, and climate-friendly farming practices. S2G joined BMO Impact Investment Fund to co-lead the Series D extension. We are excited to continue our partnership with Adam Litle, Eric Davidson, and the Sound Ag team, and look forward to the next stage for the company. Read the official announcement: https://lnkd.in/etmcqmJS Michelle Yoshinaka (she/her) #SoundAgriculture #Agriculture #AgTech #Food #Ag #Fundraise #SeriesD Sanjeev Krishnan Francis Villante

We are thrilled to share Fin-Erth’s inaugural Women in Climate Awards! Celebrating 101 women globally, the list recognizes individuals who have demonstrable track record of positively changing the status quo by unlocking tangible solutions that inch us closer to solving the wide variety of climate issues as well as having a generosity of spirit. Congratulations to Adele Durfey and Jasmin Hume, PhD of S2G portfolio companies Clear Frontier Ag. Management and Shiru, respectively, for their recognition in the Agriculture & Food category! Sponsored by L'Oréal, MSCI Sustainability Institute, and S2G, this list comprises 10 categories among nearly 600 nominees from 45 countries. As Fin-Erth indicates, this is not a definitive list or ranking, as there are many exceptional women in this space. See the full list here: https://lnkd.in/gPqjfqAC Watch for nominating opportunities in 2025 for the second annual awards! #finerthawards #unlockingsolutions #climateinnovation #womeninclimate

The 2024 Fin-Erth 101 Women in Climate Awards – List now live 🌏 https://lnkd.in/gPqjfqAC 🌍 We are excited to shine a spotlight on the incredible 101 women from around the world who are brilliantly working to unlock climate and sustainability solutions. From large corporations to asset managers, from scaleups to financiers - these women are getting on with the job. Unlocking climate solutions in any and every way they see fit. Yes, progress feels too slow. Yes, the frustrations are clear. But what this list demonstrates—and what we hope it inspires—is a sense of optimism and belief in the potential for change. We asked you, the climate community, to nominate those who you know are going above and beyond to unlock solutions. We received almost 600 nominations from 45 different countries. And this is just year 1. What we now know from having spent weeks going through all the nominations is that the rise of action is here. From the outside, you might not be seeing it. From the inside, you might be frustrated as hell. BUT, these women are demonstrating that the foundational steps for meaningful transformation are in place. That the groundswell of climate-doers is growing. The determination, selflessness and sheer effort we saw across ALL the nominations was astounding and something we want to recognize here. This is not a list of winners, it is our attempt to recognize some exceptional women who truly represent the action going on across the globe. Together let's support and uplift the women recognised in 2024. Thank you to our sponsors L'Oréal, S2G Ventures and MSCI Sustainability Institute Thank you to those behind the scenes who have been supporting us, especially Gail Gallie. Thank you to all of our nominating partners.  2025 nominations will open in September. We are already excited. 🌏 https://lnkd.in/gPqjfqAC 🌍 #finerthawards #unlockingsolutions Patrick Keogh Serena O. Ana Kljuic Tonya Bakritzes Linda-Eling Lee Caitlin Williams Lyndsey Calder Mathias Wikström Gaia De Battista Shyla Raghav Lisa Winning Romano Casellini Agnes B. Lucy Almond Flavia Howard Aaron Kinnari Lamé Verre Lizzy Coad Starlene Sharma Bianca Pitt Mamta Borgoyary Johanna Salem Stephanie Asgill Christine Goppel Bianca Williams Louisa Tholstrup Nairobi Climate Network Only One SHE Changes Climate Project Dandelion UNICEF Innovation Eleonora G. The Earthshot Prize Dr Julia Stamm Maya Chandrasekaran Allison Myers

The S2G Special Opportunities team hosted a festive holiday reception last week in San Francisco! Attendees from across our ecosystem joined for an evening of holiday cheer and meaningful conversations. The reception featured a special ‘flora’side chat with Susan Mac Cormac (Partner at Morrison Foerster) and Jimmy Chuang (CFO at Twelve), who explored how leveraging asset finance fundamentals can unlock scale for climate companies. We thank everyone who gathered with us at Arcana, and we look forward to more conversations in the new year! Andrea Woodside Marisa C. Sweeney Matthew LaPorta August O'Hern Chuck Templeton #Community #Holidays #SpecialOppotunities #ClimateFinance #AssetFinance

The S2G Special Opportunities team hosted a festive holiday reception last week in San Francisco! Attendees from across our ecosystem joined for an evening of holiday cheer and meaningful conversations. The reception featured a special ‘flora’side chat with Susan Mac Cormac (Partner at Morrison Foerster) and Jimmy Chuang (CFO at Twelve), who explored how leveraging asset finance fundamentals can unlock scale for climate companies. We thank everyone who gathered with us at Arcana, and we look forward to more conversations in the new year! Andrea Woodside Marisa C. Sweeney Matthew LaPorta August O'Hern Chuck Templeton #Community #Holidays #SpecialOppotunities #ClimateFinance #AssetFinance

We're very pleased to announce our partnership with Empire State Greenhouses (ESG, LLC) which will see us build 100 IGS Growth Towers in Cobleskill, New York State, capable of sustainably producing 6.4 million pounds of produce annually. The vertical farming towers will be part of a state-of-the-art circular GigaFarm, built over a 385,000 square-foot, carbon negative facility. The site will feature renewable energy generation and Food-Energy-Waste (FEW) systems, working together to cut food-related energy costs. The 100-tower GigaFarm will be used to grow around 50 different crop types, sustainably delivering high-quality, fresh produce to consumers year-round with minimal food miles. Closely following on from breaking ground on the UAE's first GigaFarm, we're all set to close the year on a real high, while setting ourselves up for a very busy 2025! Read the full press release here: https://lnkd.in/eywefqVF