# Industrial Decarbonisation Investors Map 2026: 18 Investors Backing Industrial Decarbonisation Startups > The 18 investors that have backed two or more industrial decarbonisation startups worldwide, by kind: VC firms, government funds and accelerators and more. Source: https://millionrounds.com/market-maps/industrial-decarbonisation-investors-map (Millionrounds; every figure on the page links to its filing or article) ## VC firms 8 - [Serena](https://millionrounds.com/fund/serena) - [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) - [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) - [Daphni](https://millionrounds.com/fund/daphni) - [EIT InnoEnergy](https://millionrounds.com/fund/innoenergy) - [Finindus](https://millionrounds.com/fund/finindus) - [Santander](https://millionrounds.com/fund/santander) - [CDP Venture Capital](https://millionrounds.com/fund/cdp-venture-capital) ## Government funds 6 - [Bpifrance](https://millionrounds.com/fund/bpifrance) - [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) - [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) - [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) - [EASME - EU Executive Agency for SMEs](https://millionrounds.com/fund/easme-eu-executi) - [California Energy Commission](https://millionrounds.com/fund/california-energy) ## Accelerators 4 - [Mining Innovation Commercialization Accelerator](https://millionrounds.com/fund/mining-innovation-commercialization-accelerator) - [MassChallenge](https://millionrounds.com/fund/masschallenge) - [Y Combinator](https://millionrounds.com/fund/y-combinator) - [Cleantech Open](https://millionrounds.com/fund/cleantech-open) ## Segment by segment ### VC firms 8 investors - [**Serena**](https://millionrounds.com/fund/serena) VC firm France 3 backed - [**Alumni Ventures**](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm United States 3 backed - [**Breakthrough Energy**](https://millionrounds.com/fund/breakthrough-energy) VC firm United States 2 backed - [**Daphni**](https://millionrounds.com/fund/daphni) VC firm France 2 backed - [**EIT InnoEnergy**](https://millionrounds.com/fund/innoenergy) VC firm Netherlands 2 backed - [**Finindus**](https://millionrounds.com/fund/finindus) VC firm Belgium 2 backed - [**Santander**](https://millionrounds.com/fund/santander) VC firm United Kingdom 2 backed - [**CDP Venture Capital**](https://millionrounds.com/fund/cdp-venture-capital) VC firm Italy 2 backed ### Government funds 6 investors - [**Bpifrance**](https://millionrounds.com/fund/bpifrance) Government fund France 4 backed - [**National Science Foundation**](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government fund United States 4 backed - [**US Department of Energy**](https://millionrounds.com/fund/u-s-department-of-energy) Government fund United States 3 backed - [**European Investment Bank**](https://millionrounds.com/fund/european-investment-bank) Government fund Luxembourg 2 backed - [**EASME - EU Executive Agency for SMEs**](https://millionrounds.com/fund/easme-eu-executi) Government fund Belgium 2 backed - [**California Energy Commission**](https://millionrounds.com/fund/california-energy) Government fund United States 2 backed ### Accelerators 4 investors - [**Mining Innovation Commercialization Accelerator**](https://millionrounds.com/fund/mining-innovation-commercialization-accelerator) Accelerator Canada 2 backed - [**MassChallenge**](https://millionrounds.com/fund/masschallenge) Accelerator United States 2 backed - [**Y Combinator**](https://millionrounds.com/fund/y-combinator) Accelerator United States 2 backed - [**Cleantech Open**](https://millionrounds.com/fund/cleantech-open) Accelerator United States 2 backed **How this map is made.** Every investor here has backed two or more startups on our industrial decarbonisation map, in rounds we track. Grouped by the kind of investor, each ranked by how many of these companies it has backed. Rebuilt nightly; updated 15 November 2026. ## More market maps [All maps](https://millionrounds.com/market-maps) [Market map **Industrial decarbonisation market map** 67 startups · 4 segments · $2.4B](https://millionrounds.com/market-maps/industrial-decarbonisation-market-map)[New wave **New industrial decarbonisation startups, founded 2020 on** 29 startups · 3 segments · $1.9B](https://millionrounds.com/market-maps/new-industrial-decarbonisation-startups-market-map)[Market map **Marketing tech market map** 1,963 startups · 7 segments · $41B](https://millionrounds.com/market-maps/marketing-tech-market-map)[Market map **Fintech market map** 1,633 startups · 8 segments · $139B](https://millionrounds.com/market-maps/fintech-market-map)[Market map **Vertical AI market map** 1,352 startups · 8 segments · $38B](https://millionrounds.com/market-maps/vertical-ai-market-map)[Market map **Crypto and Web3 market map** 1,297 startups · 8 segments · $33B](https://millionrounds.com/market-maps/crypto-and-web3-market-map) ## Who backs industrial decarbonisation? Open any company for its rounds and investors, or search the investors behind these startups in the app, with filters, lists and exports. [Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[Top lists](https://millionrounds.com/top-lists)