Startup Companies Can Apply Now Through Sept. 15 to Receive Funding from the Exelon Foundation to Pursue Inventive Climate Solutions
CHICAGO, May 06, 2025–(BUSINESS WIRE)–Exelon is now accepting applications for the Climate Change Investment Initiative (2c2i). This initiative invests in innovative startups that are developing clean energy or environmentally sustainable technologies. Launched in 2019, 2c2i combines the social and environmental impact objectives of the Exelon Foundation with the investment objectives and approach of venture capital. 2c2i has 34 active companies in our portfolio led by diverse and inclusive teams from varying backgrounds; 15 are headquartered in Exelon’s footprint.
Adding to the existing 2c2i portfolio, Exelon recently selected three new companies receiving an investment for their work and commitment to fostering innovation and addressing climate change in the communities Exelon serves:
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Salient Predictions: Salient combines novel ocean and land-surface data with machine learning and climate expertise to deliver the world’s most accurate sub seasonal-to-seasonal weather (S2S) forecasts 1 day to 1 year in advance.
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SusMaX: SusMaX recycles historically landfilled waste coal ash with no engineering value into high-performance lightweight aggregate for concrete applications through its patented thermochemical process. SusMaX addresses the environmental challenges of coal ash landfills while improving the supply chain of construction lightweight aggregate through localized production.
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Zero Homes: Zero Homes is a vertical software company that has built the first remote design platform to digitize homes, design and quote heat pumps. It eliminates in-home visits, delivers higher quality, affordable designs and partners with contractors across the country to offer homeowners a streamlined quote and installation solution.
“Exelon is thrilled to welcome our newest portfolio companies to 2c2i. These startups are at the forefront of developing climate solutions for the communities we serve,” said Sunny Elebua, Exelon’s Chief Strategy and Sustainability Officer. “Our collaboration with these innovative companies continues to produce positive outcomes for our communities and to challenge us to think creatively in pursuit of better climate solutions for all.”
How to Apply for Funding
To qualify for 2c2i consideration, startups must do work that will benefit one or more of Exelon’s six major markets (Atlantic City, Chicago, Baltimore, Philadelphia, Washington, D.C. and Wilmington, Del.) and have the potential to do one of the following:
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