New $63M Fund Backs Climate Startups Across Four Sectors

A new venture capital fund is betting that the biggest climate solutions happen when entrepreneurs connect the dots between different industries.

Pulse Fund just closed its first round with $63 million in commitments to back early-stage climate companies. The fund invests across four sectors at once: energy transition, infrastructure, food and agriculture, and mobility.

Founder Tenzin Seldon launched the fund with a unique insight from her childhood. Growing up in the Himalayan foothills, she watched glaciers retreat year after year without understanding what she was seeing. When she arrived in America as a refugee and learned about climate change in tenth grade, everything clicked. She's been working on solutions ever since.

Seldon's investment strategy reflects how interconnected climate solutions really are. When someone develops better battery technology, it doesn't just improve energy storage. It suddenly makes electric vehicles more viable, helps farms run more efficiently, and creates new infrastructure opportunities.

"Investors who look at one sector at a time miss those companies, or they price them wrong," Seldon explained. Her team hunts for founders who spot these connections before the broader market catches on.

The portfolio already shows this cross-sector thinking in action. Pulse has backed Mast Reforestation, which restores forests after wildfires while removing carbon. They've invested in Twelve, turning CO2 into clean fuel. Endera Motors is developing electric mobility solutions, while InventWood produces carbon-negative engineered wood.

The Ripple Effect

This approach matters because climate solutions need to scale fast. When investors understand how breakthroughs in one area unlock opportunities in another, capital flows more efficiently to the companies creating real impact.

The fund represents something bigger too. "We are at the beginning of the largest capital reallocation in history," Seldon said. Where that money lands depends on understanding how these sectors move together.

For entrepreneurs building climate solutions, this kind of thinking opens doors. Companies working at the intersection of multiple sectors now have investors who get it, instead of falling through the cracks between traditional venture categories.

The message is clear: the next generation of climate solutions won't come from isolated breakthroughs, but from seeing how everything connects.