Australia-based climate venture platform Climate Tech Partners (CTP) has announced the first close of a new fund, anchored by separate $15 million commitments from Australian Ethical Investments (AEI) and the Clean Energy Finance Corporation (CEFC). This development follows a recent aviation-focused fund that secured A$15 million in commitments from Airbus and Qantas, bringing CTP’s total secured commitments to over $50 million.
CTP specialises in deploying capital into early-stage technologies that address industrial decarbonisation across sectors such as energy, transport, mining, and industry, with a focus on companies at Series A funding rounds. The firm has identified priority investment areas, including grid technology, low carbon fuels, and climate adaptation technologies.
Despite a challenging environment for tech and venture capital fundraising, CTP’s announcement highlights broader momentum for decarbonisation. While acknowledging volatility in the climate tech sector in the United States, the firm emphasised continued investment acceleration in renewables, electrification, and advanced energy technologies in China, as well as ongoing support for emissions reductions and green innovation in the European Union. Additionally, the recent Australian election has provided further policy certainty for the cleantech sector.
Patrick Sieb, Co-Founder of Climate Tech Partners, stated: “We’re seeing a wave of breakthrough climate tech – electrification, sustainable fuels, next-gen grids – gaining real traction. With tech readiness, corporate demand, and policy aligning, it’s a powerful moment to invest. Even in the US, bipartisan backing for energy security and sustainable fuels shows just how durable this opportunity is.”
