Pulse Fund Closes Inaugural $63 Million Climate Fund
The Santa Monica-based venture firm targets energy, infrastructure, and mobility startups to address the climate financing gap.
Updated on Oct. 26, 2026 in Startups
Live Poll
Would you prioritize climate impact over maximum financial profit when investing your personal savings?
Santa Monica-based Pulse Fund has officially closed its inaugural venture capital fund, securing $63 million to invest in climate-focused startups. Founded in 2022, the firm targets sectors including energy transition, food, agriculture, infrastructure, and mobility.
Why it matters
The firm aims to address a specific mismatch between the capital requirements of hardware-heavy climate solutions and the funding currently available. This strategy reflects a broader push to scale infrastructure and mobility projects that require sustained board-level involvement.
Pulse Fund closed its debut vehicle at $63 million. This follows a broader market trend where global climate tech venture funding grew 55% year-over-year, reaching $26 billion in the first half of 2026.
The players
Pulse Fund
A Santa Monica-based venture capital firm focused on energy, mobility, and agricultural climate tech startups.
Endera
An Ohio-based company specializing in commercial electric vehicle technology and infrastructure.
The details
Pulse Fund operates by leading financing rounds and securing board seats to actively manage its portfolio companies. The firm focuses on scaling complex climate solutions such as reforestation technologies and electrified transportation infrastructure. It has previously invested in startups including Plantible, Mast Reforestation, it's electric, and Twelve, and contributed to a $36 million equity round for Endera in early 2025.
Timeline
Pulse Fund was founded in 2022.
The firm made its first investment in Endera in 2024.
Pulse Fund participated in a $36 million equity investment in Endera in early 2025.
Global climate tech venture funding reached $26 billion in the first half of 2026.
Pulse Fund closed its inaugural fund in October 2026.
The Tech Race
The firm enters the market during a period of rapid capital influx, with global climate tech funding rising 55% year-over-year to $26 billion in the first half of 2026. Pulse Fund differentiates itself by taking active board roles to support startups competing in the energy and infrastructure transition.
Startups in the energy, food, and mobility sectors now have a new institutional source of board-level capital based in Santa Monica. The firm's involvement primarily benefits companies requiring long-term operational support to scale physical infrastructure and hardware-intensive climate solutions.
The takeaway
Pulse Fund joins a growing wave of capital flowing into climate-hardened infrastructure ahead of 2030 sustainability targets. Investors and founders should monitor the firm's portfolio deployments for signs of successful scaling in the competitive energy transition and mobility markets.
Further reading
For broader trends in emerging climate tech companies, visit our Startups section.
Source note: This article includes information reported by Los Angeles Business Journal.
Live Poll
Would you prioritize climate impact over maximum financial profit when investing your personal savings?
