Prime Coalition is a 501c3 public charity that partners with philanthropists to invest catalytic capital in extraordinary companies that combat climate change, have a high likelihood of achieving commercial success, and are otherwise unlikely to be sufficiently supported. Prime mobilized $23MM to back ten early-stage ventures from 2015 to 2018, each of which could mitigate gigaton-scale CO2-equivalent emissions by 2050 when deployed at scale. Prime Impact Fund is a $40MM impact-first catalytic capital pool investing in transformative climate ventures that conducted its first close in October 2018 and will conduct its final close in Q1 2020.
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