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Venture Capital
aiimpartners.com

Investments

11

Funds

2

About AiiM Partners

AIIM Partners invests in technology-enabled companies addressing climate change and equity/access, targeting the $10 trillion industries in oceans/water, air/energy, and land/agriculture. AiiM Partners' team has combined 160 years of investment, operating, and industry experience in building global, successful businesses. The team’s portfolio strategy has yielded top quartile performance while benefiting 3 million people worldwide. Women founders and CEOs form 50% of the AiiM Partners Fund assets while 52% of the assets are with people of color.

Headquarters Location

410 Sherman Avenue

Palo Alto, California, 94306,

United States

650-464-0005

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CB Insights Intelligence Analysts have mentioned AiiM Partners in 1 CB Insights research brief, most recently on Jun 18, 2021.

Latest AiiM Partners News

ReMo Energy Raises $5.25M to Demonstrate Distributed Renewable Materials Production

Jul 14, 2022

July 14, 2022 12:24 PM Eastern Daylight Time BOSTON--( BUSINESS WIRE )--ReMo Energy, an innovator and manufacturer of industrial materials through the use of renewable energy in lieu of fossil fuels, today announced that it has raised an additional $5.25M Seed round led by early growth fund AiiM Partners, with participation from Breakthrough Energy Ventures, Darco Capital and other strategic angel investors. ReMo Energy is accelerating the decarbonization of industrial materials, including ammonia, fuels, and polymers - altogether a trillion-dollar market responsible for 14 gigatons of greenhouse gasses annually. ReMo uses predictive modeling and a novel approach for the construction of plants to overcome the challenges of using distributed intermittent renewable energy sources. The company’s facilities are lower capex and standardized, enabling ReMo to build and scale faster while also producing and distributing its products at lower cost. The company’s initial target market is ammonia , one of the most critical inputs to global agriculture and food production, and currently supply-constrained by macroeconomic events such as the war in Ukraine. While ReMo will initially focus on green ammonia for clean fertilizer applications in the corn belt of the U.S., future markets will include shipping fuel and hydrogen storage. ReMo Energy will use the funding proceeds to scale commercial operations throughout the US Midwest and meet demand from its growing base of customers. Scott Rackey, CEO and Co-founder of ReMo Energy, said, “We always seek opportunities to mitigate climate change, but our approach does more than that. ReMo both enables decarbonization and makes the agricultural supply chains more resilient - all without adding cost for the farmer.” Shally Shanker, Founder and Managing Partner of AiiM Partners, will be joining the Board of Directors. “ReMo’s technology and innovative approach can scale production of renewable materials in two years, versus what typically takes ten years for competitors, while also being cheaper than fossil-fuel based products,” Shally said. “Their solution will accelerate the transition of hard-to-decarbonize sectors and help us avoid the worst of climate change.” Carmichael Roberts of Breakthrough Energy Ventures said, “ReMo is at the leading edge of developments in renewable materials. ReMo’s ammonia product can play a critical role in decarbonizing the agricultural industry while also ensuring growers get the low-cost nitrogen fertilizers they need. ReMo Energy’s technology benefits all stakeholders, including renewable energy developers and fertilizer purchasers.” About ReMo Energy ReMo Energy’s mission is to make today’s fossil-based chemicals from renewable energy. The company has deep expertise in renewable energy, chemical engineering, and project development. ReMo Energy has reimagined every step of chemical production processes to adapt them to the scale and intermittency of low cost solar and wind power projects. ReMo Energy’s products make it possible for the world to improve global quality of life while also massively reducing the emissions of greenhouse gasses and other pollutants. About AiiM Partners AiiM Partners invests in market-leading climate change solutions addressing a $17 trillion global opportunity-- with focus on the alternative materials, agriculture & food systems, energy transition and data & digitization sectors. Their diverse team has over a ten-year track record of investing in climate change companies and comprises investors, entrepreneurs, operators and industry experts with over 160 years of combined experience. AiiM focuses on identifying market leaders with commercial solutions that can generate measurable environmental impact and top tier financial performance within a decade. Their team takes a holistic approach towards addressing the climate problem, prioritizing solutions that not only reduce but also sequester greenhouse gasses. For more information, please visit www.aiimpartners.com . About Breakthrough Energy Ventures Founded by Bill Gates and backed by many of the world’s top business leaders, BEV has raised more than $2 billion in committed capital to support cutting-edge companies that are leading the world to net-zero emissions. BEV is a purpose-built investment firm that is seeking to invest, launch and scale global companies that will eliminate GHG emissions throughout the economy as soon as possible. BEV seeks true breakthroughs and is committed to supporting these entrepreneurs and companies by bringing to bear a unique combination of technical, operational, market and policy expertise. BEV is a part of Breakthrough Energy, a network of investment vehicles, philanthropic programs, policy advocacy and other activities committed to scaling the technologies we need to reach net-zero emissions by 2050. Visit www.breakthroughenergy.org to learn more.

AiiM Partners Investments

11 Investments

AiiM Partners has made 11 investments. Their latest investment was in ReMo Energy as part of their Seed VC on July 7, 2022.

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AiiM Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/14/2022

Seed VC

ReMo Energy

$5.25M

Yes

AiiM Partners, Breakthrough Energy Ventures, Darco Capital, and Undisclosed Angel Investors

2

4/6/2022

Series A

Brilliant Planet

$12M

Yes

3

3/22/2022

Series B

Natural Fiber Welding

$85M

Yes

4

12/2/2021

Series A - III

Subscribe to see more

$99M

Subscribe to see more

10

6/16/2021

Series B

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$99M

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10

Date

7/14/2022

4/6/2022

3/22/2022

12/2/2021

6/16/2021

Round

Seed VC

Series A

Series B

Series A - III

Series B

Company

ReMo Energy

Brilliant Planet

Natural Fiber Welding

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Amount

$5.25M

$12M

$85M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

AiiM Partners, Breakthrough Energy Ventures, Darco Capital, and Undisclosed Angel Investors

Sources

2

3

4

10

10

AiiM Partners Fund History

2 Fund Histories

AiiM Partners has 2 funds, including AiiM Partners.

Closing Date

Fund

Fund Type

Status

Amount

Sources

1/29/2019

AiiM Partners

$3M

1

AiiM Catalytic Fund

10

Closing Date

1/29/2019

Fund

AiiM Partners

AiiM Catalytic Fund

Fund Type

Status

Amount

$3M

Sources

1

10

AiiM Partners Team

1 Team Member

AiiM Partners has 1 team member, including current Founder, Managing Partner, Shally Shanker.

Name

Work History

Title

Status

Shally Shanker

Schmidt Family Foundation, and Hillspire

Founder, Managing Partner

Current

Name

Shally Shanker

Work History

Schmidt Family Foundation, and Hillspire

Title

Founder, Managing Partner

Status

Current

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