Elevation Ventures grew out of a partnership between Octane and Sustain SoCal.

 

The two organizations recognized that by partnering, we could leverage the strengths of each other’s capabilities and that, together, we could have an immediate and meaningful impact on the climate crisis.

We believe that by helping founder teams access Octane and Sustain SoCal’s tools, networks, and resources, paired with access to capital from Elevation Ventures we’ll be part of deploying the next generation of technologies needed to transition to a more sustainable world.

INVESTMENT THESIS

Net Zero Transformation is a Massive Market Opportunity.

Fueled by the availability of public and private capital and tailwinds from public and private ESG, net zero, and sustainability commitments.

SoCal Generates Category-Leading Companies but Lacks Sufficient VC.

Orange County is an innovation hub with high per-capita R&D investment and high GDP but less available venture capital than regional peers.

Google[x] Approach + Octane Strategy + Sustain Experts Will Generate Wins.

Google[x] thought leadership in tech innovation and moonshot thinking combined with the Octane strategy that has produced top-decile venture returns, and Sustain Socal’s industry expertise will lead to great investment decisions.

“Nearly half of all the additional emissions reductions in 2050 relative to current policy plans will be from technologies that have not yet reached the market today”

 

– According to the IEA (2020), Clean Energy Innovation, IEA, Paris