Funding for Sustainability and Green IT Startups

These 67 accelerators -- led by technology companies, VCs, universities, associations and more -- assist technology startups focused on green IT, climate tech, renewable energy, carbon reduction, sustainability & more.

Nuveen's private equity arm invests $20 million into Onepak, a sustainable IT services firm and ServiceNow partner that helps channel partners & end-customers to return, recycle, resell, or relocate IT devices.

Microsoft’s Climate Innovation Fund invests in Cyclic Materials, a startup that improves hard drive recycling processes. Target customers include IT asset disposition (ITAD) companies, data center operators & cloud service providers.

CuspAI, formed by Microsoft, Qualcomm & Google veterans, raises $30 million & partners with Facebook parent Meta. "Godfather of AI" named advisor.

Global IT consulting firm Accenture invested in a virtual conference company in 2021. Now that investment may deliver generative AI, sustainability & energy efficiency opportunities on Microsoft Azure.

Microsoft invests in Touchcast, a generative AI & cloud caching startup that improves A energy efficiency & sustainability, report says. Early Touchcast partners include global IT consulting firm Accenture.

OpenAI CEO Sam Altman, Andreessen Horowitz General Partner Katherine Boyle, and multiple VCs fund Exowatt, a renewable energy startup that wants to offer cost-effective power for generative AI applications and data centers.

Startups such as Coolset, Cozero, BeCause & Sumday reinforce growing venture capital & customer interest in carbon accounting software. Will partner programs emerge?

Hewlett Packard Enterprise (HPE) invests in Greenly to help customers monitor, track, and minimize their carbon footprint within their IT infrastructure.

Podcast: Greenly CEO Alexis Normand explains $52 million in Series B funding & next moves for the startup carbon accounting software company.

Goldman Sachs invests in Divcon Controls -- a systems integrator that helps data centers to monitor, manage, optimize and reduce their energy consumption.

Venture capital & private equity investments in climate tech startups declined sharply in 2023, but there are some bright spots to note, PwC research finds.

Accenture Ventures' investment in Open Cosmos reinforces global IT consulting firm's data-driven sustainability initiatives.

CO2 AI, a sustainability management software spin-off from Boston Consulting Group (BCG), raises venture capital funding for global growth.

Microsoft GrowthX Accelerator for B2B technology startups targets Middle East sustainability opportunity, COP28 climate conference alignment.