Pulse Fund Closes $63 Million Climate Tech Fund
The Santa Monica firm will deploy capital to scale startups in the energy, mobility, and food technology sectors.
Updated on Oct. 26, 2026 in Startups
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Santa Monica-based Pulse Fund has closed its inaugural venture fund at $63 million to invest in climate tech companies across energy, food, agriculture, and mobility. The firm currently targets startups bridging the gap between climate innovation and capital access, following recent investments in companies like Endera.
Why it matters
Pulse Fund aims to bridge the financing gap for high-growth climate solutions that often struggle to secure early-stage capital. By taking board seats and leading rounds, the firm is positioning itself to influence the operational scaling of businesses in capital-intensive sectors.
Pulse Fund closed its inaugural fund at $63 million, entering a global climate tech market that saw $26 billion in venture funding during the first half of 2026. This reflects a 55% year-over-year increase in sector-wide investment activity.
The players
Pulse Fund
A Santa Monica-based venture capital firm founded in 2022 that focuses on scaling climate tech solutions.
Endera
An Ohio-based company specializing in energy transition and infrastructure solutions.
The details
Pulse Fund targets companies in energy transition, infrastructure, and food systems, operating by leading financing rounds and securing board seats to guide strategic scaling. The firm previously invested in Endera, participating in a $36 million equity round in early 2025 after an initial 2024 entry. Its portfolio also includes investments in Plantible, Mast Reforestation, it's electric, and Twelve.
Timeline
Pulse Fund was founded in 2022.
The firm made its first investment in Endera in 2024.
Pulse 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.
Nature restoration requires considerable global investment by 2030.
Market Landscape
Pulse Fund's inaugural closing follows the 55% year-over-year increase in global climate tech venture funding reported in the first half of 2026. This activity reflects the broader market push to address the scale of capital needed for long-term climate infrastructure goals.
Operators in climate tech should monitor firms like Pulse Fund as indicators of shifting investor appetite for infrastructure-heavy solutions. Consider how securing institutional backing now requires demonstrated potential for significant scale, particularly in energy and mobility sectors.
The takeaway
The firm's focus on taking board seats suggests operators should expect hands-on involvement from investors in this asset class. Founders seeking capital in the energy transition space should track the firm's portfolio diversification to understand current investor risk thresholds.
Further reading
For more on local venture capital trends, see our Startups section.
Source note: This article includes information reported by Los Angeles Business Journal.
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Would you prioritize climate impact over maximum financial profit when investing your personal savings?
