As a vertically integrated engine for climate innovation, we are unique combination of accelerator + venture funding + strategic partner network that offers seamless support for startups to succeed. In other words, we strongly believe that our whole is far greater than the sum of our component parts.
We're looking for clean solutions in the realms of:
We also encourage you to apply even if you don’t fit neatly into one of the above boxes. Solving energy and climate requires many fresh and out-of-the-box approaches; tell us about your venture through the short application and we promise to provide rapid feedback on fit with our program.
Confirmed corporate partners (to date) include Microsoft, AT&T, and Wells Fargo. Supporting investors (to date) include Imperative Ventures, Emerald Technology Ventures, and Tsing Capital. Note that we’re in the process of confirming even more global partners, and we’ll keep this FAQ response updated as soon as we can!
If you are a for-profit startup, committed to building a better energy future by working in the areas listed below, and you think that working with industry experts, advisors, corporations, and investors could expedite and scale your venture, then read on and think about applying.
Third Derivative (D3) is dedicated to the advancement of the broad fields of climate and world-positive technology. So, if you are working in the field, want to know more, or want to advise, we encourage you to join the New Energy Network, our open Slack community, which incorporates hundreds of people like you—learning, sharing, and striving for solutions and change from all over the world.
No! We have specifically crafted a program that has NO exclusivity, either to the program or the partners. So, yes, you can do both D3 and another program, and you can also work with other funds, corporates, or customers as you see fit. We want to help you and keep your options open as much as possible.
There is an optional $100K convertible note. Participation in D3 does not require that you accept it. The convertible note has no valuation cap, and will be disbursed in two installments: one at the beginning of the program and one around the second summit.
If accepted into D3, you are expected to:
If accepted into D3, you are NOT expected to:
Roughly, these are the categories:
These are considered equally alongside program fit, impact, and risk. Our corporate partners and investors also weigh in, and our decisions are based on our collective assessment of program fit and how much we can add to your success.
Although Third Derivative will treat all application data as confidential information, we will share such data with our investor and corporate partners. The purpose of sharing information with our partners is to accelerate potential access to investment and deployment opportunities for your venture. In your application, please do not disclose any proprietary information that you consider to be your “secret sauce,” but be as clear as possible about your competitive advantage and differentiation.
Yes! This is explicitly a global program, and we very much want companies from everywhere.
The program is only taught in English, so proficiency is required. We plan to add other languages in subsequent years.