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Breakthrough Energy Catalyst

Breakthrough Energy Catalyst

Kirkland, Washingtonbreakthroughenergy.org

Overview

Breakthrough Energy Catalyst is a public-private platform that funds and invests in first-of-a-kind commercial-scale and large demonstration projects for emerging climate technologies. It uses a blended finance model, including grants, equity, and other financial instruments, to accelerate the adoption of these technologies and reduce their 'Green Premium'. The program focuses on five key areas: clean hydrogen, sustainable aviation fuel, direct air capture, long-duration energy storage, and the decarbonization of manufacturing (cement, steel, etc.).

Portfolio Companies

8

Investments

Breakthrough Energy Catalyst investments
CompanyDateStageLead
ElectraOct 2025GrantLead
Fervo EnergyJun 2025DebtLead
INERATECMar 2025DebtLead
INERATECMar 2025GrantCo-investor
INERATECJan 2025Debt and GrantCo-investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersKirkland, Washington
Year FoundedN/A

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