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Third Derivative Portfolio Companies

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

Last updated: July 2026

Third Derivative Investment Overview

Portfolio Companies
139
Total Invested
$243.0M
Average Investment
$2.2M

Third Derivative's Most Recent Investments (2020+)

Company NameFoundedFunding StageAmountCity
Avnos2024Series A$36.0MSanta Monica
Geminus2024Series A$13.0MSan Francisco
Relyion Energy2023Seed$4.4MSanta Clara
DexMat2026Seed$5.0MHouston
CM Materials2023Non-equity AssistanceUndisclosedWilmington
Rizome Bamboo2022Non-equity AssistanceUndisclosedBradenton
Shimmer2021Non-equity AssistanceUndisclosedNew York
Gaiascope2021Non-equity AssistanceUndisclosedBoston
Renewell Energy2025SeedUndisclosedBakersfield
MOXY OID2025Non-equity AssistanceUndisclosedLas Vegas

Complete List of Third Derivative Portfolio Companies (139)

Export
#CompanyStageAmountLocation
51AvnosSeries A$36.0MSanta Monica, United States
52GeminusSeries A$13.0MSan Francisco, United States
53Relyion EnergySeed$4.4MSanta Clara, United States
54DexMatSeed$5.0MHouston, United States
55CM MaterialsNon-equity AssistanceUndisclosedWilmington, United States
56Rizome BambooNon-equity AssistanceUndisclosedBradenton, United States
57ShimmerNon-equity AssistanceUndisclosedNew York, United States
58GaiascopeNon-equity AssistanceUndisclosedBoston, United States
59Renewell EnergySeedUndisclosedBakersfield, United States
60MOXY OIDNon-equity AssistanceUndisclosedLas Vegas, United States
Carbon CaptureEnergyEnvironmental EngineeringWater

Avnos is commercializing technology to capture CO2 without consuming water, producing water for every ton.

Santa Monica, United States
February 2024
$36.0M
Series A

Founder Contacts

30,000+ verified contacts

AerospaceArtificial Intelligence (AI)ChemicalClean EnergyEnergy EfficiencyEnergy StorageOil and GasRenewable EnergySemiconductor

Geminus is pioneering real-time intelligence for complex industrial systems.

San Francisco, United States
January 2024
$13.0M
Series A

Founder Contacts

30,000+ verified contacts

EnergyManufacturingRenewable Energy

Relyion Energy Renewable Energy Equipment Manufacturing firm that makes sustainable Li-ion batteries.

Santa Clara, United States
December 2023
$4.4M
Seed

Founder Contacts

30,000+ verified contacts

Advanced MaterialsGreenTech

DexMat is the maker of Galvorn, a conductive carbon nanomaterial that outperforms GHG-intense alternatives.

Houston, United States
January 2026
$5.0M
Seed

Founder Contacts

30,000+ verified contacts

ManufacturingSalesSmall and Medium Businesses

CM Materials engages in the design, manufacturing, and supply of magnetic cores.

Wilmington, United States
January 2023
Non-equity Assistance

Founder Contacts

30,000+ verified contacts

Supply Chain ManagementWholesaleWood Processing

Rizome Bamboo is a wholesale company that produces and supplies engineered, timber-grade bamboo for sustainable construction.

Bradenton, United States
December 2022
Non-equity Assistance

Founder Contacts

30,000+ verified contacts

Software

Shimmer is an end-to-end software platform that automates the design, development and deployment of large-scale lighting programs

New York, United States
November 2021
Non-equity Assistance

Founder Contacts

30,000+ verified contacts

CleanTechEnergyMachine LearningPower GridSoftwareSustainability

Gaiascope helps energy companies and investors transition to the future in the most economic way possible.

Boston, United States
November 2021
Non-equity Assistance

Founder Contacts

30,000+ verified contacts

EnergyEnergy StorageEnvironmental EngineeringOil and GasRenewable Energy

Oil wells that end well.

Bakersfield, United States
November 2025
Seed

Founder Contacts

30,000+ verified contacts

Building MaterialCleanTechConstructionGreenTechManufacturingSustainability

Developer of CERLOS®, Class A fire-rated, low-carbon building materials made from forestry waste via mineralization.

Las Vegas, United States
January 2025
Non-equity Assistance

Founder Contacts

30,000+ verified contacts

BatteryChemicalChemical EngineeringManufacturing

Volexion is a battery manufacturing and graphene coating technology for commercial Li-ion cathode materials with 10x performance.

Evanston, United States
January 2025
Non-equity Assistance

Founder Contacts

30,000+ verified contacts

Carbon CaptureChemicalManufacturing

Greenlyte Carbon Technologies develops and markets an efficient low temperature DAC process that captures CO2 from the air.

Essen, Germany
January 2025
Non-equity Assistance

Founder Contacts

30,000+ verified contacts

CleanTechMining TechnologySustainability

Binding Solutions focuses on enhancing metals production efficiency and environmental impact.

Middlesbrough, United Kingdom
January 2025
Non-equity Assistance

Founder Contacts

30,000+ verified contacts

Chemical EngineeringCleanTechNanotechnology

Nium develops patent pending nanotechnology that produces greener ammonia.

Harwell, United Kingdom
January 2025
Non-equity Assistance

Founder Contacts

30,000+ verified contacts

BatteryEnergy StorageRenewable Energy

Betteries uses deep technology know-how and frontier market experience to deliver mobile and affordable power.

Berlin, Germany
November 2024
Non-equity Assistance

Founder Contacts

30,000+ verified contacts

Clean EnergyEnergyEnergy EfficiencyEnergy Storage

Zinc8 offers energy storage solution to utilities, commercial and industrial sectors, micro-grids, and renewable energy developers.

Vancouver, Canada
January 2023
$500K
Grant

Founder Contacts

30,000+ verified contacts

Energy StorageEnvironmental ConsultingRenewable Energy

Project Vesta is a non-profit working to galvanize the science of coastal enhanced weathering

San Francisco, United States
November 2022
Seed

Founder Contacts

30,000+ verified contacts

Artificial Intelligence (AI)ConstructionRoboticsSmart BuildingSmart Home

Terran Robotics is a construction company that specializes in AI and robotics.

Bloomington, United States
October 2024
Pre-Seed

Founder Contacts

30,000+ verified contacts

BiotechnologyProduct ResearchSustainability

Carbon Cell is a biotechnology company that provides a sustainable alternative to traditional polymer-based foams.

London, United Kingdom
October 2025
$35K
Grant

Founder Contacts

30,000+ verified contacts

EnterpriseFashionProduct Design

CanvaLoop with their proprietary technology and infrastructure convert agricultural waste to textile fibres.

Surat, India
March 2026
$1.4M
Series Unknown

Founder Contacts

30,000+ verified contacts

Waste Management

GreenLIB Materials is a long-term recovery process for key materials from all forms of lithium-ion batteries.

Montreal, Canada
February 2026
$1.1M
Seed

Founder Contacts

30,000+ verified contacts

Electrical DistributionElectronicsEnergy Management

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

Chicago, United States
November 2025
$2.6M
Seed

Founder Contacts

30,000+ verified contacts

Clean EnergyCleanTechEnergyRenewable Energy

HYDGEN develops modular electrolyzer systems designed for on-site and on-demand green hydrogen production.

Singapore, Singapore
October 2025
$5.0M
Seed

Founder Contacts

30,000+ verified contacts

Energy StorageRenewable EnergySoftware

Allye is a software-enabled energy storage company that promotes local grid resiliency while helping society access green energy.

London, United Kingdom
October 2025
$2.5M
Seed

Founder Contacts

30,000+ verified contacts

CleanTechData CenterEnergyEnergy EfficiencyEnergy ManagementEnergy StorageFuel CellHeatingVentilationand Air Conditioning (HVAC)Property DevelopmentProperty Management

Resilient, efficient Thermal Energy Storage for C&I buildings

Rochester, United States
September 2025
$250K
Grant

Founder Contacts

30,000+ verified contacts

Showing 51-75 of 139 portfolio companies

Frequently Asked Questions About Third Derivative

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, Energy Storage, Renewable Energy, CleanTech, Manufacturing. The firm invests across 52 different industry categories.

What is Third Derivative's largest investment?

Among tracked funding rounds, Avnos received $36.0M in a Series A round. Third Derivative's total known invested capital is $243.0M.

What is the average investment size for Third Derivative?

Third Derivative's average investment size is $2.2M across its portfolio of 139 companies.

What are Third Derivative's most recent investments?

Recent Third Derivative portfolio additions include Avnos, Geminus, Relyion Energy, DexMat, CM Materials. These companies were founded in 2020 or later.

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