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IP Group Climate Catalyst Fund

IP Group plc

vc$104.2MCo-investsLeads rounds

Fund Size

$104.2M

Location

Australia

Links

Investment Thesis

To scale Australian technologies that can decarbonise hard-to-abate industries such as industrial processes, heavy transport, and energy-efficient AI.

About IP Group plc

The IP Group Climate Catalyst Fund is a venture capital fund launched by IP Group plc in partnership with Australia's Clean Energy Finance Corporation (CEFC) to scale Australian technologies that decarbonise hard-to-abate industries. It targets Seed and Series A investments in sectors including industrial processes (cement, steel, chemicals), mineral processing, heavy transport, energy-efficient AI and data centres, agriculture, and dispatchable energy. The fund has reached first close at A$50m (IP Group A$30m, CEFC A$20m) with a target size of up to A$150m.

Sectors

Climate TechCarbon TechClean EnergyAI InfrastructureManufacturing Tech

Stages

seedseries-a

Geography Focus

Australia

Tracked Investments

Notable Investments

HysataElectralithOptigridBanksia Minerals Processing

Traits

Leads rounds

Co-invests

FAQ

What does IP Group Climate Catalyst Fund invest in?

IP Group Climate Catalyst Fund invests in Climate Tech, Carbon Tech, Clean Energy, AI Infrastructure and Manufacturing Tech at the seed and series-a stages.

Which geographies does IP Group Climate Catalyst Fund focus on?

IP Group Climate Catalyst Fund focuses on Australia, and is headquartered in Australia.

Which startups has IP Group Climate Catalyst Fund backed?

IP Group Climate Catalyst Fund has 1 tracked investment on Fusion42, including Barocal.