JLL Foundation deploys record $5.1M to climate startups in 2025

Core Insights - The JLL Foundation invested a record $5.1 million in climate startups in 2025, marking its largest loan pool to date [1] - Since its inception in 2022, the Foundation has helped startups raise nearly $165 million in follow-on funding for carbon emission reduction solutions [1] - The Foundation's circular funding model has been validated, with $1 million in returned loans from 2022 enhancing its investment capacity for 2025 [1] Investment Highlights - In 2025, 93% of the supported technologies focused on decarbonizing the built environment, while 37% targeted waste reduction [1] - Notable startups in the 2025 cohort include: - Calectra, which reduces manufacturing emissions by 35-76% in industrial heating [1] - Conry Tech's BullAnt system, which cuts building HVAC energy use by 60-70% [1] - Calcarea, which converts CO2 from cement kilns into stable oceanic bicarbonate [1] Impact and Progress - The Foundation's funding has led to significant progress for companies, such as: - Carba, which opened its first facility and closed a $6 million fundraising round [1] - Novoloop, which secured a $21 million Series B funding round [1] - Mati, which won the $50 million XPRIZE Carbon Removal competition [1] - Carbonwave, which formed a $3 million partnership with The World Bank Group [1] Organizational Overview - The JLL Foundation is a non-profit dedicated to addressing climate change and is backed by JLL, a leading global real estate company with annual revenue of $26.1 billion [1] - JLL operates in over 80 countries and employs more than 113,000 people, focusing on various property types and industries [1]