Element 8 has an exclusive focus on early-stage entrepreneurs with promising clean technology or sustainability innovations, though we define those terms broadly. Element 8 members meet in the greater Seattle area, but invest in companies located all across the US and Canada.
Our investors typically expect an equity stake in return for their early-stage engagement. Element 8 is experienced in leading early stage rounds, and also welcomes companies with ‘chiseled-in-stone’ term sheets.
Element 8 members are receptive to other investment vehicles under the correct circumstances. We have accepted convertible note bridge rounds which offered reasonable discounts, caps, and a credible path for closing the qualifying financing round.
Innovative revenue- and asset-backed lending opportunities may also be considered. For instance, Element 8 members have provided debt funding for the implementation of renewable energy, energy efficiency, and green building projects. These projects may not hold the promise of traditional angel level equity returns, but have strong revenue projections and a clear environmental impact.
When evaluating which companies will be selected to present to Element 8, we consider the following attributes:
The members of Element 8 are value-added investors, providing both capital and expertise to help cleantech entrepreneurs succeed. Our goal is to aid the companies in which we invest to become highly profitable for both management and investors.
If your company is ready for our investment and our involvement, we welcome your application to present.