---
title: Startup Portfolio | Cohort 23-3 (FGC 2)
description: Cohort 23-3 (FGC 2) | Tackling global billion-dollar markets and hard-to-abate sectors, our climate tech startups are addressing the emissions challenges that will make or break this decisive decade.
---

[Skip to content](https://www.third-derivative.org/portfolio/tag/cohort-23-3-fgc-2#main-content)

[![logo-dark](https://www.third-derivative.org/hubfs/Atomic_Third_Derivative/logos/logo-dark.png)](https://www.third-derivative.org)

- [Our Portfolio](https://www.third-derivative.org/portfolio)
- [For Entrepreneurs](https://www.third-derivative.org/startups) 
    - [Eligibility & Selection](https://www.third-derivative.org/startups)
    - [How to Apply](https://www.third-derivative.org/startup-application)
- Programs & Opportunities 
    - Innovation Cohorts & Partnerships 
          - [Industrial Innovation Cohorts](https://www.third-derivative.org/industrial-innovation-cohorts)
          - [Future Industries Partnership](https://www.third-derivative.org/future-industries-partnership)
          - Impact Archive 
                  - [Clean Mobile Power Initiative Cohort](https://www.third-derivative.org/clean-mobile-power-initiative-cohort)
                  - [First Gigaton Captured](https://www.third-derivative.org/first-gigaton-captured)
    - [Cooling Innovations](https://www.third-derivative.org/global-cooling-innovations) 
          - [Passive Daytime Radiative Cooling](https://www.third-derivative.org/passive-daytime-radiative-cooling)
- [Insights & Events](https://www.third-derivative.org/insights)
- [About Us](https://www.third-derivative.org/about) 
    - [Our Team](https://www.third-derivative.org/team)
    - [Careers](https://www.third-derivative.org/careers)
    - Our Partners 
          - [Corporates](https://www.third-derivative.org/corporates)
          - [Investors](https://www.third-derivative.org/investors)
          - [Mentors](https://www.third-derivative.org/mentors)

 English

# Startup Portfolio: Cohort 23-3 (FGC 2)

## Climate Technology Startups

Third Derivative is proud to present the world's most impactful climate tech startups. 

##### STARTUPS BY COHORT:

- [Cohort 417](https://www.third-derivative.org/portfolio/tag/cohort-417)
- [Cohort 419](https://www.third-derivative.org/portfolio/tag/cohort-419)
- [Cohort 22-1](https://www.third-derivative.org/portfolio/tag/cohort-22-1)
- [Cohort 22-2](https://www.third-derivative.org/portfolio/tag/cohort-22-2)
- [Cohort 22-3 (First Gigaton Captured)](https://www.third-derivative.org/portfolio/tag/cohort-22-3-cdr)
- [Cohort 23-1](https://www.third-derivative.org/portfolio/tag/cohort-23-1)
- [Cohort 23-2](https://www.third-derivative.org/portfolio/tag/cohort-23-2)
- [Cohort 23-3 (First Gigaton Captured)](https://www.third-derivative.org/portfolio/tag/cohort-23-3-FGC-2)
- [Cohort 23-4 (Clean Mobile Power Initiative)](https://www.third-derivative.org/portfolio/tag/cohort-23-4-cmpi)
- [Cohort 24-1](https://www.third-derivative.org/portfolio/tag/cohort-24-1)
- [Cohort 24-2](https://www.third-derivative.org/portfolio/tag/cohort-24-2)
- [Cohort 25-1](https://www.third-derivative.org/portfolio/tag/cohort-25-1)
- [Cohort 25-2 (Industrial Innovation Cohorts)](https://www.third-derivative.org/portfolio/tag/cohort-25-2)
- [Cohort 25-3](https://www.third-derivative.org/portfolio/tag/cohort-25-3)
- [Future Industries Partnership](https://www.third-derivative.org/portfolio/tag/future-industries-partnership)
- [Cohort 26-1](https://www.third-derivative.org/portfolio/tag/cohort-26-1)

##### Filter by Topic

Ag and Land Use

agriculture

Ammonia

Batteries

Biofuels / Synfuels / Chemicals

Building Construction

Building Heat

Building Software

Buildings

Buildings (cooling / heating / envelopes)

Buildings (lighting / appliances)

Buildings - Enabling Software

Carbon & Methane Management

Carbon Capture and Utilization

Carbon Markets

Clean Fuels

Cold Chain

DAC

Electric Mobility

Electricity

Electricity - Enabling Software

Electricity - Financing/Project development

Electricity - Geothermal

Electricity - Long Duration Electricity Storage

Electricity - Nuclear Power

Electricity - Retail Energy Storage

Electricity - Solar Power

Electricity Software

Enabling Software

Energy Access

EV Charging Infrastructure

EV Critical Components

Financing and Project Development

Fugitive Emissions

Future Industries Partnership

Hydrogen

Industrial Heating

Industry

Industry - Ammonia/Fertilizer

Industry - Battery Manufacturing

Industry - Biofuels

Industry - Cement

Industry - Chemicals

Industry - E-Fuels

Industry - Mining

Industry - Steel

Industry - Waste Heat Recovery

industry- Hydrogen

Long-duration Storage

Low Carbon Industrial Materials

Low Carbon Materials

Negative Emissions

Negative Emissions - DAC

Negative Emissions - Ocean CDR

Other

Power Electronics and Hardware

Renewable & power Generation

Renewable Energy

Renewable Generation

Renewable Process Heat

Stationary Energy Storage

Thermal Energy Storage

Transportation

Transportation - Logistics Services

Vehicle Efficiency

Waste

##### Filter by Cohort

Cohort 22-1

Cohort 22-2

Cohort 22-3 (CDR)

Cohort 23-1

Cohort 23-2

Cohort 23-3 (FGC 2)

Cohort 23-4 CMPI

Cohort 24-1

Cohort 24-2

Cohort 25-1

Cohort 25-2

Cohort 25-3

Cohort 25-4

Cohort 26-1

Cohort 417

Cohort 419

[![](https://www.third-derivative.org/hubfs/airhive-logo.png)](https://www.third-derivative.org/portfolio/airhive)

## [Airhive](https://www.third-derivative.org/portfolio/airhive)

Building a direct air capture (DAC) technology that combines the proven industrial process of fluidization with a novel geochemical sorbent, delivering accelerated CO2 removal and providing a rapid path to scaling.

[Read More](https://www.third-derivative.org/portfolio/airhive)

[![](https://www.third-derivative.org/hubfs/cella-logo.png)](https://www.third-derivative.org/portfolio/cella)

## [Cella](https://www.third-derivative.org/portfolio/cella)

Expanding the range of geologies suitable for carbon removal and making carbon mineralization–the natural process for turning carbon into rock–into the most efficient way to permanently remove CO2.

[Read More](https://www.third-derivative.org/portfolio/cella)

[![](https://www.third-derivative.org/hubfs/edac-labs-logo.png)](https://www.third-derivative.org/portfolio/edac-labs)

## [EDAC Labs](https://www.third-derivative.org/portfolio/edac-labs)

Developing a new class of electrochemistry systems that provide low-energy synthesis of acid and base for decarbonization applications.

[Read More](https://www.third-derivative.org/portfolio/edac-labs)

[![](https://www.third-derivative.org/hubfs/gct-logo.png)](https://www.third-derivative.org/portfolio/greenlyte-carbon-technologies)

## [Greenlyte Carbon Technologies](https://www.third-derivative.org/portfolio/greenlyte-carbon-technologies)

Developing a low-energy direct air capture process that captures CO2 from the air, while producing hydrogen as a by-product.

[Read More](https://www.third-derivative.org/portfolio/greenlyte-carbon-technologies)

[![](https://www.third-derivative.org/hubfs/repair-co2-capture-logo.png)](https://www.third-derivative.org/portfolio/repair)

## [RepAir](https://www.third-derivative.org/portfolio/repair)

Developing a novel electrochemical cell that separates CO2 from the air in a highly efficient and cost-effective process that operates at ambient temperature solely by renewable electricity.

[Read More](https://www.third-derivative.org/portfolio/repair)

[![](https://www.third-derivative.org/hubfs/rewind-logo.png)](https://www.third-derivative.org/portfolio/rewind)

## [Rewind](https://www.third-derivative.org/portfolio/rewind)

Enabling a nature-based, permanent carbon removal solution that is affordable and scalable within this decade.

[Read More](https://www.third-derivative.org/portfolio/rewind)

[![](https://www.third-derivative.org/hubfs/travertine-logo.png)](https://www.third-derivative.org/portfolio/travertine)

## [Travertine](https://www.third-derivative.org/portfolio/travertine)

Recycling waste from mining and fertilizer production for permanent carbon dioxide removal and chemical production.

[Read More](https://www.third-derivative.org/portfolio/travertine)

APPLY TODAY:

### Accelerate your success and speed to market with us

We’re here to help you bridge critical finance and resource gaps by uniting and aligning the world’s most promising climate tech startups—like you—with D3’s network of committed investors, corporate partners, market experts, and mentors.

[![Apply to Third Derivative](https://no-cache.hubspot.com/cta/default/7483280/19b13734-9935-421a-8626-687427fe800f.png)](https://cta-redirect.hubspot.com/cta/redirect/7483280/19b13734-9935-421a-8626-687427fe800f)

![logo-white](https://www.third-derivative.org/hs-fs/hubfs/Atomic_Third_Derivative/logos/logo-white.png?width=300&name=logo-white.png)

Founded by [RMI](https://rmi.org/) and [New Energy Nexus](https://www.newenergynexus.com/), Third Derivative (D3) is accelerating the rate of climate innovation through our inclusive ecosystem approach, which rapidly finds, funds, and scales climate tech globally.

#### Connect with us:

<https://twitter.com/Third_Deriv> <https://www.linkedin.com/company/third-deriv/> <https://newenergynexusnetwork.slack.com/join/shared_invite/zt-7cjoxxyf-QYn4y_ixtfMek3s~8WxQhA#/>

#### About

- [Story](https://www.third-derivative.org/about#story)
- [Team](https://www.third-derivative.org/team)
- [Careers](https://www.third-derivative.org/careers)

#### Insights & Events

- [Research & Insights](https://www.third-derivative.org/insights)

#### Contact

- [Contact Us](https://www.third-derivative.org/contact)
- [Media](https://www.third-derivative.org/press)

#### For Entrepreneurs

- [How to Apply](https://www.third-derivative.org/startup-application)
- [Eligibility & Selection](https://www.third-derivative.org/startups)

#### Partners

- [Investors](https://www.third-derivative.org/investors)
- [Corporates](https://www.third-derivative.org/corporates)
- [Mentors](https://www.third-derivative.org/mentors)
- [Refer a Startup](https://www.third-derivative.org/startup-referral)

#### SIGN UP FOR THE MONTHLY D3 NEWSLETTER

[Sign Up](https://rmi.tfaforms.net/100)

 Copyright 2026. Third Derivative. All Rights Reserved.

- [Privacy Policy](https://www.third-derivative.org/privacy-policy)

![](https://px.ads.linkedin.com/collect/?pid=3824596&fmt=gif)