Climate & Environment

Endurance28 believes that in order to
have a healthy economy and a healthy population, we must also have a healthy planet. That’s why Climate Solutions have been a pillar of Endurance28’s investment thesis since its inception.
The need is timelier than ever. Fifty-one billion tons of greenhouse gases are emitted every year, causing extreme weather patterns, rising sea levels, and risks to life on land and in the sea. The United Nations’ Paris Agreement has called for a 45% reduction in emissions by 2030, with a goal of net zero by 2050 in order to avoid the worst impacts of climate change.
To combat this crisis, Endurance28 has bet on early-stage founders who are disrupting the way society produces and consumes food. Portfolio companies such as Minus and Finless Foods are creating delicious and sustainable alternatives to coffee and seafood, while DProtein is designing and producing nutritionally optimized and sustainable proteins without the need for plants or animals.
Agriculture and food systems account for approximately 21% of total greenhouse gas emissions, so these solutions will be critical in reaching that net-zero goal. Other significant sources include manufacturing (30%), electricity (26%), transportation (16%) and buildings (7%). Reducing emissions poses many challenges, but also presents enormous opportunities. Estimates suggest that by 2028, companies operating in the climate tech sector will collectively be valued up to $1.4 trillion, representing a compound annual growth rate of 8.8 percent.
To combat climate change, Endurance28 has bet on early-stage founders who are altering the way society produces and consumes food.
The U.S. remains the dominant market for climate tech startups, receiving 65% of all climate tech venture funding. By comparison, LatAm has received just 4% of all climate tech funding, even though it experiences a disproportionate share of the effects of climate change through droughts, hurricanes and seasonal shifts. Six of the 15 most biodiverse countries are found in Latin America, and 25% of Earth’s arable land and 30% of Earth’s water resources are also in Latin America.
As we look to invest in the next generation of climate tech startups, we are particularly excited about technologies that embrace biological- based climate solutions, software and AI for sustainability, sustainable building materials, green energy, and greenhouse gas removal. Their success would be a win for us all.