Santa Monica Pulse Fund Closes $63 Million Debut
The firm will deploy the capital toward energy, agriculture, and infrastructure climate solutions.
Updated on Oct. 26, 2026 in Startups
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Santa Monica-based Pulse Fund has successfully closed its inaugural investment fund, totaling $63 million. Founded in 2022, the firm targets startups focused on energy transition, mobility, and sustainable food systems.
Why it matters
The fund was established to address a identified gap between climate solutions requiring capital and the funding sources currently available. By leading rounds and taking board seats, the group aims to create a more significant impact in the climate space.
The firm recently participated in a $36 million equity investment in Ohio-based Endera in early 2025. This arrives as global climate tech venture funding rose 55% year-over-year to $26 billion in the first half of 2026.
The players
Pulse Fund
This Santa Monica-based venture firm focuses its capital on scaling climate solutions within the energy, food, agriculture, infrastructure, and mobility sectors.
Endera
Based in Ohio, this company is a portfolio entity of Pulse Fund that specializes in solutions related to the energy transition and commercial infrastructure.
The details
Pulse Fund manages a portfolio that includes Plantible, Mast Reforestation, it's electric, and Twelve. The firm first invested in Endera in 2024 before participating in their larger financing round the following year.
Timeline
Pulse Fund was founded in 2022.
The firm made its first investment in Endera in 2024.
Pulse Fund participated in a $36 million equity investment in early 2025.
Global climate tech venture funding hit $26 billion in the first half of 2026.
Nature restoration requires considerable investment by 2030.
Market Landscape
The firm's debut fund follows the 55% year-over-year growth in global climate tech venture funding. This influx of capital highlights an intensifying arms race among venture firms to secure high-growth assets within the energy transition and sustainability sectors.
The expansion of this fund signals increased financial backing for infrastructure and mobility solutions that could eventually reach local markets. Consumers may see more sustainable options for energy and transportation as these startups use this capital to scale.
The takeaway
The successful closing of this fund reflects the growing investor interest in scalable environmental technology. Future investments will play a critical role in addressing global needs, such as the estimated investment required for nature restoration by 2030.
Further reading
For more news on emerging companies, explore the Startups section.
Source note: This article includes information reported by Los Angeles Business Journal.
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Would you prioritize climate impact over maximum financial profit when investing your personal savings?
