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Amy Duffuor

General Partner at Azolla Ventures

Greater Boston

Overview 

Amy Duffuor is a Co-founder and General Partner at Azolla Ventures in Greater Boston, with a background in supply chain management and extensive experience in impact investing. With a Master of Business Administration from The Wharton School and a track record of investing in impactful companies like Carbon Reform and Clean Crop Technologies, she has demonstrated expertise in ClimateTech/CleanTech sectors and strategic planning. Amy's career highlights include her role as Managing Director and Principal at Prime Impact Fund, as well as serving on the board of various companies in the energy and clean technology space, such as Oxylus Energy, VELOZBIO, and Heaten AS.

Work Experience 

  • Board Member

    2024 - Current

    • Oxylus Energy is developing lower cost conversion of carbon dioxide into green methanol to decarbonize hard-to-abate sectors.

  • Co-founder and General Partner

    2021

    • Azolla Ventures, created by Prime Coalition, invests in early-stage technology companies with the potential for gigaton-scale climate impact.

Azolla Ventures is an early stage investor in climate breakthroughs that could avert catastrophic climate change.

  • Managing Director

    2021

    • Prime Impact Fund, an initiative of Prime Coalition, invests in transformative technology companies with the potential for gigaton-scale climate impact. Drawing on catalytic capital with a long-term lens, the fund is purpose-built to support high-risk, high-reward ventures at the earliest stages. The management company of Azolla Ventures, the successor fund to Prime Impact Fund, manages the Prime Impact Fund portfolio of companies.

  • Principal

    2019 - 2021

Prime Impact Fund invests in transformative technology companies with the potential for gigaton-scale climate impact.

  • Board Member

    2023

    • VELOZBIO is developing fast and low-cost animal-free proteins for the dairy and egg market.

  • Board Member

    2022

    • Carbon Reform builds modular carbon capture systems for commercial buildings.

Carbon Reform is a climate-tech startup that offers a carbon capture and pollution-control device to reduce CO2 levels in the atmosphere.

Raised $1,700,000.00 from Azolla Ventures.

  • Board Member

    2021

    • Heaten accelerates the transition to clean and efficient industrial heating processes through high-temperature heat pumps.

  • Board Member

    2021

    • Ovipost uses automation to produce insects at scale with higher-quality protein and a lower carbon footprint.

Ovipost is a new startup looking to optimize the right conditions for a cricket grower to get the most yield from a generation of eggs.

Raised $120,000.00 from Anorak Ventures and Y Combinator.

  • Board Observer

    2023

    • Noon Energy is developing low-cost battery technology for long-duration energy storage, allowing intermittent renewable sources to meet continual demand.

  • Board Member

    2020 - 2022

Noon Energy develops a flow battery technology that enables economical long-duration energy storage.

Raised $31,224,999.00 from Aramco Ventures, Clean Energy Ventures and Saudi Aramco Energy Ventures.

  • Board Member

    2020

    • NECEC, the Northeast Clean Energy Council and NECEC Institute, brings together business leaders and key stakeholders to engage in influential policy discussions and business initiatives while building connections that propel the clean energy industry forward. Member of the Audit & Finance Committee.

  • Board Member

    2020

    • Clean Crop is developing cold plasma technology that generates reactive gases, which can degrade the pathogens, toxins, and pests responsible for food waste.

Clean Crop Technologies specializes in advanced treatments for foods and seeds, effectively reducing mold, pathogens, and bacteria.

Raised $15,949,000.00 from Mass. Manufacturing Innovation Initiative.

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