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Third Derivative — Portfolio

Investor actively backing innovative startups and growth-stage companies across various industries and funding rounds.

139
Companies
$296.7M
Total invested
$2.4M
Avg. check
42
Industries
Energy 10Renewable Energy 9Manufacturing 7Clean Energy 5Energy Storage 4Energy Management 3+36 more
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Portfolio companies

Showing 124 of 139
Daanaa
September 2022

Daanaa’s proprietary semiconductor technology provides power transactions medium and modality free: wired or wireless in AC/DC modes.

Battery · Vancouver$300K Grant
Capacitech Energy
August 2023

Capacitech Energy is an energy storage component company that makes cable-based energy storage products such as the cable-based capacitor.

Energy · Orlando$100K Non-equity Assistance
MIRICO
August 2025

Transformational gas measurement

Agriculture · DidcotNon-equity Assistance
DTE Materials
August 2025

DTE Materials manufactures engineered, cellulosic bioaggregates for use in insulating, fireproof, carbon negative natural fiber concretes.

Manufacturing · FresnoNon-equity Assistance
Rewind Turbine
August 2025

Rewind Turbine is a renewable energy company that aims to develop innovative systems and wind turbines for the generation of clean energy.

Clean Energy · GallarateNon-equity Assistance
Oort Energy
August 2025

Oort Energy is a maker of hydrogen electrolyzers that uses innovative technologies to significantly reduce the cost of green hydrogen.

GreenTech · BristolNon-equity Assistance
Parthian Energy
August 2024

Advanced battery systems for the 21st century

Computer · Los Angeles$1.1M Grant
Windscape.ai
August 2023

Windscape.ai provides smart control for wind turbines with AI and sensors.

Artificial Intelligence (AI) · Berkeley$275K Grant
EH Group Engineering
August 2024

EH Group Engineering is focused on the development and production of its innovative fuel cell technology

Clean Energy · RenensNon-equity Assistance
CERT Systems
August 2025

CERT Systems is converting carbon dioxide into conventional chemical feedstocks and fuels.

Carbon Capture · TorontoNon-equity Assistance
SunPath
July 2021

SunPath is a company that uses fibre optics to deliver sunlight deep inside buildings, increasing quality in environment agriculture.

AgTech · Louisville$250K Grant
Allegro Energy
July 2025

Allegro Energy is a developer of energy storage technology focus on sustainable solutions for a zero carbon economy.

Energy · Newcastle$1.2M Grant
SeeO2 Energy
July 2025

SeeO2 Energy is a converting carbon dioxide into marketable and clean value-added fuels and chemicals using reversible fuel technology.

Chemical · Calgary$184K Grant
Yama
July 2024

Yama is unlocking DAC scalability with low energy consumption and high scalability pace

Carbon Capture · Delaware$20K Grant
Sustaera
July 2022

Sustaera offers a direct air capture solution that works ranging from open grasslands to arid deserts to tropical savannas.

Carbon Capture · CaryNon-equity Assistance
Heat Inverse
July 2024

Heat Inverse is a Developer of cooling systems built for hot climates.

Manufacturing · IthacaNon-equity Assistance
XL Batteries
July 2026

XL Batteries develops a technology platform to reduce waste formation.

Energy · Brooklyn$13.0M Venture - Series Unknown
Cella
June 2023

Cella is an energy company that designs a geologic carbon sequestration platform, transforming atmospheric carbon into mineralized rock.

Energy · New York$3.3M Seed
Advanced Thermovoltaic Systems
June 2025

Advanced Thermovoltaic Systems specializes in the discovery of all temperature heat to power at a megawatt-scale.

Energy · Loveland$1.4M Pre-Seed
Cache Energy
June 2024

Cache Energy is developing energy storage technology that is non-toxic, non-flammable, and a fire retardant for easy transportation.

Electrical Distribution · Champaign$4.0M Seed
Digital Harvest
May 2022

Digital Harvest is a global data science company that provides predictive, field-level sugarcane analytics to mills and food groups.

Agriculture · Camas$1.0M Venture - Series Unknown
Switched Source
May 2026

Switched Source is a manufacturing company that develops medium-voltage devices to enhance utility operations through automation.

Electrical Distribution · Chicago$10.0M Venture - Series Unknown
OMC Hydrogen
May 2023

OMC Hydrogen is developing a scalable thermochemical platform.

Manufacturing · Boulder$250K Grant
Versogen
May 2022

Versogen develops electrolyzer technology for water and renewable energy to produce green hydrogen at scale.

Energy · Wilmington$14.5M Series A

Where Third Derivative invests

Energy10
Renewable Energy9
Manufacturing7
Clean Energy5
Energy Storage4
Energy Management3

About Third Derivative's portfolio

How many companies has Third Derivative invested in?

Third Derivative has invested in 139 companies tracked in our database. The portfolio spans multiple industries and funding stages, from seed-stage startups to late-stage companies.

What industries does Third Derivative invest in?

Third Derivative's top investment sectors include Energy, Renewable Energy, Manufacturing, Clean Energy, Energy Storage. The firm invests across 42 different industry categories.

What is Third Derivative's largest investment?

Among tracked funding rounds, Versogen received $14.5M in a Series A round. Third Derivative's total known invested capital is $296.7M.

What is the average investment size for Third Derivative?

Third Derivative's average investment size is $2.4M across its portfolio of 139 companies.

What are Third Derivative's most recent investments?

Recent Third Derivative portfolio additions include Daanaa, Capacitech Energy, MIRICO, DTE Materials, Rewind Turbine. These companies were founded in 2020 or later.

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