Matthew Nordan
General Partner at Azolla Ventures
Boston, Massachusetts
Overview
Work Experience
Co-Founder and General Partner
2021 - Current
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
2018
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.
Prime Impact Fund invests in transformative technology companies with the potential for gigaton-scale climate impact.
Board Member
2024
Making floating offshore wind power economic.
Aikido Technologies develops innovative floating wind technologies.
Raised $4,000,000.00 from Sabancı Climate Ventures, Anthropocene Ventures, Propeller, Cisco Foundation and Azolla Ventures.
Board Member
2024
Ssssssssssssssh.
Board Member
2023
Modularizing electric vehicle powertrains.
Scalvy develops an electric powertrain platform for faster development of electric mobility systems.
Raised $3,000,000.00 from Climate Tech Circle and Unbound Ventures.
Independent Board Member
2023
Market intelligence platform bringing clarity to the new climate economy.
Sightline Climate clarifies climate tech expansion and deployment through data-driven insights and tactical intelligence.
Raised $7,244,994.00.
Board Member
2022
Superior forestry outcomes through fungal biodiversity.
Funga uses the forest fungal microbiome to improve forestry outcomes and address the climate crisis.
Raised $9,095,142.00 from Better Ventures, Trailhead Capital, Azolla Ventures and Shared Future Fund.
Board Member
2022
Ultra-durable membranes for efficient separations in harsh environments.
SiTration improves ultra-durable filtration membranes intended for efficient separations in the harshest environments.
Raised $14,405,996.00 from Extantia Capital, Orion Resource Partners, BHP, 2150, Azolla Ventures and The E14 Fund.
Board Member
2021
Micro-fusion reactors. Seriously.
Avalanche Energy is a fusion energy startup that develops micro-fusion reactors for distributed energy and mobility.
Raised $45,000,000.00 from Lowercarbon Capital, Congruent Ventures, Toyota Ventures, Climate Capital, Grantham Foundation, Founders Fund, Autodesk, MCJ and Clear Path.
Board Member
2020
The last frontier of silicon PV cost, performance, and resource footprint.
Education
B.A.
1993 - 1997