• $30 million anchor investment from Australian Ethical and CEFC propels Climate Tech Partners (CTP) to first close.
• Over $50 million committed across fund and aviation decarbonisation vehicle, with backing from Qantas, Airbus, and the BESEN Family Office.
• 11 corporate partners onboard to accelerate Series A climate tech in grid, fuels, and adaptation.

Climate Tech Partners (CTP) has secured its first close with a $30 million anchor investment—$15 million each from Australian Ethical Investments (AEI) and the Clean Energy Finance Corporation (CEFC)—despite headwinds in tech and venture capital markets.

This milestone reflects growing institutional demand for a collaborative model of climate venture funding, where capital is deployed alongside corporate partners who serve as future customers of the technologies.

“We are thrilled to support Climate Tech Partners and their model, which is driven by industry demand,” said Ian Learmonth, CEO of the CEFC. “The team… is well-placed to identify the next wave of technologies that will drive emissions reduction across key sectors.”

CTP’s industry-integrated strategy focuses on:

• Demand validation through corporate buy-in,
• Decarbonisation solutions tailored to real-world sector needs, and
• Portfolio acceleration via built-in customer pathways.

The fund builds on early support from the BESEN Family Office and major commitments from Qantas and Airbus, who are co-investing in aviation decarbonisation. To date, over $50 million has been secured across CTP’s main fund and dedicated aviation vehicle.

CTP will back Series A startups in grid technology, low-carbon fuels, and climate adaptation—areas shaped by deep collaboration with its 11 corporate partners across energy, transport, industrials, and mining.

“This investment supports the advancement of technology essential to Australia’s climate transition,” said Malcolm Thornton, Head of Growth Capital at CEFC. “This is an important time to back innovative companies making breakthroughs in critical technologies.”

CTP’s progress aligns with global decarbonisation trends, from China’s surge in renewables and electrification to the EU’s regulatory push for green innovation. Domestically, Australia’s recent election has provided much-needed policy certainty for the cleantech sector.

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“This Fund allows us to feed capital to the emerging companies in energy and climate tech that will shape a net-zero tomorrow,” said Ludovic Theau, CIO of Australian Ethical. “This partnership aligns with our Ethical Charter… and our commitment to delivering competitive returns through climate investments.”

As global capital seeks climate-aligned growth, CTP’s first close signals rising confidence in early-stage tech as a cornerstone of net-zero transition strategy.

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