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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
Allye2025Seed$2.5MLondon
MicroEra Power2025Grant$250KRochester
XL Batteries2025Seed$7.5MBrooklyn
Blue Frontier2025Non Equity AssistanceUndisclosedBoca Raton
Offgrid Energy Labs2025Series A$15.0MNoida
Enzinc2025Non Equity AssistanceUndisclosedRichmond
Dynami Battery Corp2025Non Equity AssistanceUndisclosedBinghamton
NoPo Nanotechnologies2025Non Equity AssistanceUndisclosedBangalore
Renkube2025Non Equity AssistanceUndisclosedBengaluru
Ocean2025Non Equity AssistanceUndisclosedSeattle

Complete List of Third Derivative Portfolio Companies (139)

Export
#CompanyStageAmountLocation
76AllyeSeed$2.5MLondon, United Kingdom
77MicroEra PowerGrant$250KRochester, United States
78XL BatteriesSeed$7.5MBrooklyn, United States
79Blue FrontierNon Equity AssistanceUndisclosedBoca Raton, United States
80Offgrid Energy LabsSeries A$15.0MNoida, India
81EnzincNon Equity AssistanceUndisclosedRichmond, United States
82Dynami Battery CorpNon Equity AssistanceUndisclosedBinghamton, United States
83NoPo NanotechnologiesNon Equity AssistanceUndisclosedBangalore, India
84RenkubeNon Equity AssistanceUndisclosedBengaluru, India
85OceanNon Equity AssistanceUndisclosedSeattle, United States
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

EnergyEnergy StorageRenewable Energy

XL Batteries develops a technology platform to reduce waste formation.

Brooklyn, United States
September 2025
$7.5M
Seed

Founder Contacts

30,000+ verified contacts

Consumer GoodsElectronicsEnergyEnergy StorageHeatingVentilationand Air Conditioning (HVAC)

Blue Frontier specializes in air conditioning systems designed for sustainability, comfort, and energy storage.

Boca Raton, United States
September 2025
Non Equity Assistance

Founder Contacts

30,000+ verified contacts

EnergyEnergy StorageSustainability

Sustainable, safe & cost-efficient battery technology.

Noida, India
September 2025
$15.0M
Series A

Founder Contacts

30,000+ verified contacts

BatteryElectric VehicleManufacturing

Enzinc is an advanced battery developer that offers rechargeable zinc-air batteries.

Richmond, United States
August 2025
Non Equity Assistance

Founder Contacts

30,000+ verified contacts

BatteryElectric VehicleEnergy StorageRenewable Energy

Dynami electrode production boosts lithium battery performance, achieving 5X faster batteries with 7% less minerals.

Binghamton, United States
August 2025
Non Equity Assistance

Founder Contacts

30,000+ verified contacts

Advanced MaterialsNanotechnologySpace Travel

Space, Carbon Nanotubes, Advanced Material

Bangalore, India
August 2025
Non Equity Assistance

Founder Contacts

30,000+ verified contacts

Renewable EnergySolar

Renkube is a business with a focus on renewable energy, and its innovators are in the field of solar panel Motion Free Optical Tracking.

Bengaluru, India
August 2025
Non Equity Assistance

Founder Contacts

30,000+ verified contacts

Building MaintenanceBuilding MaterialWholesale

Ocean is a worldwide building materials firm that creates, produces, and markets ultra-low-carbon products.

Seattle, United States
August 2025
Non Equity Assistance

Founder Contacts

30,000+ verified contacts

Clean EnergyRenewable EnergyWind Energy

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

Gallarate, Italy
August 2025
Non Equity Assistance

Founder Contacts

30,000+ verified contacts

Manufacturing

Torus Robotics develops unmanned ground vehicles, robotics, and innovative powertrain technology.

Chennai, India
August 2025
Non Equity Assistance

Founder Contacts

30,000+ verified contacts

GreenTechNatural ResourcesRenewable Energy

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

Bristol, United Kingdom
August 2025
Non Equity Assistance

Founder Contacts

30,000+ verified contacts

ChemicalChemical EngineeringManufacturing

ChemFinity Technologies is a chemical company that offers critical metal recovery, water purification, and gas separation services.

Brooklyn, United States
August 2025
Non Equity Assistance

Founder Contacts

30,000+ verified contacts

Carbon Capture

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

Toronto, Canada
August 2025
Non Equity Assistance

Founder Contacts

30,000+ verified contacts

Clean EnergyEnergyIndustrialRenewable Energy

Lumen Energy focuses on helping building owners save money with clean energy.

San Francisco, United States
August 2025
$2.3M
Series Unknown

Founder Contacts

30,000+ verified contacts

EnergyManufacturingRenewable Energy

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

Newcastle, Australia
July 2025
$1.2M
Grant

Founder Contacts

30,000+ verified contacts

ChemicalEnergyLife Science

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

Calgary, Canada
July 2025
$184K
Grant

Founder Contacts

30,000+ verified contacts

EnergyManufacturingPrecious Metals

Hertha Metals is a manufacturing industry that designs and manufactures steel from any grade of iron ore without the use of coal.

Conroe, United States
July 2025
$17.0M
Series Unknown

Founder Contacts

30,000+ verified contacts

BatteryEnergy StorageRenewable Energy

Elementium is a battery materials company that develops and scales novel electrolyte formulations for advanced lithium-ion chemistries.

Katy, United States
July 2025
$3.0M
Series Unknown

Founder Contacts

30,000+ verified contacts

EnergyEnergy EfficiencyRenewable Energy

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

Loveland, United States
June 2025
$1.4M
Pre-Seed

Founder Contacts

30,000+ verified contacts

EnergySolar

SunFi tech solution help people access solar energy with installation and payment plans.

Lagos, Nigeria
May 2025
$1.0M
Series Unknown

Founder Contacts

30,000+ verified contacts

Carbon CaptureEnergy EfficiencyFuel

Oxylus Energy provides new carbon utilization technology for the generation of e-fuels.

New Haven, United States
April 2025
Non Equity Assistance

Founder Contacts

30,000+ verified contacts

Building MaterialConstructionGreen Building

Cambridge Electric Cement is a sustainable cement start-up.

Cambridge, United Kingdom
March 2025
Non Equity Assistance

Founder Contacts

30,000+ verified contacts

ManufacturingRenewable Energy

Climate Tech // Industrial Heat

Offenburg, Germany
March 2025
Non Equity Assistance

Founder Contacts

30,000+ verified contacts

Showing 76-100 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 Renewable Energy, Energy, Energy Storage, Manufacturing, Energy Efficiency. The firm invests across 40 different industry categories.

What is Third Derivative's largest investment?

Among tracked funding rounds, Hertha Metals received $17.0M in a Series Unknown 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 Allye, MicroEra Power, XL Batteries, Blue Frontier, Offgrid Energy Labs. These companies were founded in 2020 or later.

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