Elemental Impact (formerly Elemental Excelerator)
Climate & Energy · Run by Elemental Impact (501(c)(3)) · Honolulu, HI
Every field is checked against a primary source where we can. How we verify.
The facts
All fields verified Jul 22, 2026- Terms model
- MixedA blend of the models above. Read the terms notes for the specifics.
- Investment
- $500,000-$5,000,000 per project (Data Center Innovation Initiative only; Strategy and Project Track amounts not published)
- Equity taken
- Not publishedFunding-opportunities page now primary-verified: instruments are SAFE, D-SAFE, convertible note, or direct investment with milestone-linked payments. Strategy Track (pre-seed/seed, 3+ FTE, operating prototype, ~9 month engagement) and Project Track (Series A+) amounts not published; Data Center Innovation Initiative states $500K-$5M per project for up to 10 startups through 2027. Applications open year-round.
- Program length
- Not published
- Format
- Hybrid
- Location
- Honolulu, HI
- Cohorts per year
- Not published
- Cohort size
- Not published
- Stage focus
- growth / commercialization and project deployment
- Sub-vertical
- energy, industry, food/ag, nature, water, transportation
- Demographic focus
- Not published
- Backers
- 40+ philanthropic and government funders
- Notable alumni
- Not published
Terms notes: Funding-opportunities page now primary-verified: instruments are SAFE, D-SAFE, convertible note, or direct investment with milestone-linked payments. Strategy Track (pre-seed/seed, 3+ FTE, operating prototype, ~9 month engagement) and Project Track (Series A+) amounts not published; Data Center Innovation Initiative states $500K-$5M per project for up to 10 startups through 2027. Applications open year-round.
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Terms in plain English
Elemental Impact is a nonprofit catalytic capital investor, and its instruments vary by deal rather than following one standard accelerator term sheet. Funding is deployed as a SAFE, D-SAFE, convertible note, or direct investment, with payments tied to performance milestones. The Strategy Track backs pre-seed and seed companies with at least three full-time employees and an operating prototype in an engagement of roughly nine months; the Project Track funds deployment for companies at Series A and beyond. Per-company amounts for those two tracks are not published, but its Data Center Innovation Initiative states $500,000 to $5 million per project. Applications are open year-round.
Who this is actually for
Climate startups from pre-seed through Series A and beyond, across energy, industry, food and ag, nature, water, and transportation. Best fit is either a team of at least three full-timers with a working prototype (Strategy Track) or a company ready to finance a real-world commercial deployment (Project Track). This is milestone-linked catalytic capital, not a fixed-check cohort program.
Application windows
Strategy Track (year-round applications): Rolling: applications are reviewed on an ongoing basis.
Verified date not recordedSourceProject Track (year-round applications): Rolling: applications are reviewed on an ongoing basis.
Verified date not recordedSourceData Center Innovation Initiative (open, through 2027): Rolling: applications are reviewed on an ongoing basis.
Verified date not recordedSource
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Sources
Everything above was checked against these, verified Jul 22, 2026.