Climactic

Climactic invests in startups seeking to decarbonize enterprise and mobility and reimagine how businesses manage their supply chains.

Climate tech founders often come from nonprofits, academia, or research, and may face challenges transitioning into sales roles, particularly with enterprise clients.

Josh Felser left Freestyle to save California.

A couple years ago, when the pandemic was still in full swing, Raj Kapoor and Josh Felser started making some investments in climate tech startups.

It’s a challenge every startup faces: They’ve made a prototype and proven the thing works, but now have to sell the product and produce enough to get past the “valley of death” that kills so many companies.

Focused on climate data, carbon markets, and scaling climate solutions across emerging markets

Climactic says it has 20+ years of general tech experience and focuses on early-stage climate tech investments in enterprise and mobility.

Climactic's privacy statement applies to www.climactic.vc and Climactic.vc, governs data collection and usage, and describes the Climactic website as an information site.

Climactic co-founder Josh Felser launches Material Scale, a hybrid debt-equity vehicle that helps materials startups scale production against bulk customer purchases. Initially focused on climate-tech apparel, the platform uses buyer commitments to cover material costs and provides the remaining funds through loans and warrants. Ralph Lauren joins as an initial buyer, and Structure Climate joins Climactic as a general partner. Material Scale’s first investments come from an approximately $11 million vehicle, though it has not executed any deals yet.

Feb 2026 · TechCrunchNews article