Stepchange Ventures
Overview
An early-stage venture fund that invests in product-led, asset-light companies making a significant impact on climate. The firm's inaugural fund targets four main sectors: consumer and commercial transportation, the built environment, energy generation and the electrical grid, and climate adaptation and resilience.
Portfolio Companies
14
Website
stepchange.vcInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Bayou Energy | Apr 2024 | Pre Seed | Co-investor |
| Nevoya | Jul 2025 | Seed | Co-investor |
| Lemurian Labs | Dec 2025 | Series A | Co-investor |
| Rhizome | May 2025 | Seed | Co-investor |
| Hammerhead AI | Nov 2025 | Seed | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Stepchange Ventures based?
Stepchange Ventures is headquartered in Seattle, Washington, United States.
When was Stepchange Ventures founded?
Founding year information for Stepchange Ventures is not publicly available.
How many portfolio companies does Stepchange Ventures have?
Stepchange Ventures has 14 portfolio companies in Caplight's dataset.
What are some companies in Stepchange Ventures's portfolio?
Portfolio companies visible on Caplight include Bayou Energy, Nevoya, Lemurian Labs, Rhizome, Hammerhead AI.
What was Stepchange Ventures's most recent investment shown here?
Stepchange Ventures's most recent investment in this portfolio sample was in Lemurian Labs in 2025.
What sectors does Stepchange Ventures focus on?
Stepchange Ventures focuses on AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, Real Estate & PropTech, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, FinTech, Energy & Sustainability, Energy & Sustainability, Mobility, Transportation & Logistics, Energy & Sustainability, Frontier & Industrial Tech, Energy & Sustainability, Energy & Sustainability, Real Estate & PropTech, FinTech, Enterprise Software, FinTech, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, Energy & Sustainability, Enterprise Software, AI, Data & Cloud Infrastructure, Energy & Sustainability, AI, Data & Cloud Infrastructure.
What company stages does Stepchange Ventures focus on?
Stepchange Ventures typically invests at the Early stage.
What is Stepchange Ventures's AUM?
Stepchange Ventures's assets under management are estimated between $7.2M and $7.2M.