Rho Impact and Climate Innovation Capital Join Forces to Scale Commercial Innovations for a Climate Resilient Economy

Charlottesville, Virginia, April 14, 2026 - Rho Impact, a climate data company specializing in forecasting the climate impact of new market solutions, is pleased to announce its strategic partnership with Climate Innovation Capital (ClimateIC), a Toronto-based venture fund investing in climate tech innovations.

ClimateIC, with its extensive experience as operators, climate advisors, and investment professionals, focuses on investing in mid-stage, cost-competitive climate technologies that address large-scale inefficiencies, unlock significant business value, and reduce carbon as a direct outcome. ClimateIC treats carbon performance not as an ancillary impact metric, but as a core underwriting variable that directly informs investment selection, valuation discipline, and long-term return potential.

To support that work, ClimateIC has developed a proprietary Carbon Qualification Model (CQM) to evaluate prospective investments consistently across sectors and business models. Rho Impact's software and data will provide the digital infrastructure to scale and accelerate the application of CQM across ClimateIC's investment activities and fund lifecycle.

As capital allocators increase their public commitments to funding solutions to the climate crisis, ClimateIC and Rho Impact have identified several key barriers to the successful commercialization of new climate technologies. This partnership aligns the efforts of leading voices in the climate investment ecosystem, providing the broader field with principles and digital infrastructure to find, fund, and scale market-based solutions.

Rho Impact will serve as ClimateIC's technology partner, delivering Koi, the world's most comprehensive data platform for assessing the impact potential of emerging climate solutions and their associated market opportunities. Koi allows investors to analyze the climate impact of technologies, services, and real assets instantly by leveraging global data on full lifecycle emissions and projected market demand. This unlocks smarter, faster investment decisions as the world transitions to a resilient, low-carbon economy.

"The decarbonization of the economy represents the greatest economic opportunity in human history, one that will also deliver social, environmental and financial prosperity," said Nelson Switzer, Co-Founder and Managing Partner at ClimateIC. "Koi by Rho Impact provides the data and digital infrastructure needed to identify, fund, and scale the most promising climate solutions to our economy's highest emitting sectors. We are thrilled to partner with the market leader in climate data and analytics to support our newest fund."

"Nelson Switzer and the team at ClimateIC are true pioneers in the climate investment world," said Gilman Callsen, CEO of Rho Impact. "We are excited to join forces to demonstrate the competitive advantage that comes from forecasting the decarbonization potential of new innovations at scale. This partnership will further our shared mission to direct capital to the most effective climate innovations around the world."

About Climate Innovation Capital

Climate Innovation Capital (ClimateIC) is a venture fund investing in commercial climate tech innovations. Its purpose is to deliver superior financial returns while decarbonizing and building a more resilient economy. ClimateIC invests in mid-stage companies that solve pervasive, large-scale economic challenges and inefficiencies, drive outsized business value, can be adopted and scaled rapidly, and deliver carbon reductions as an inherent outcome. The firm leverages its strong network and extensive experience as operators, climate advisors, and investment professionals to source attractive opportunities and enhance the growth prospects of its investments. Learn more at www.climateic.com.

About Rho Impact

Rho Impact is an authority on forecasting the effectiveness of emerging climate solutions. Since 2017, Rho Impact has pioneered the methodologies, tools, and data infrastructure that power today's global climate investment ecosystem. Koi (www.koi.eco) represents the culmination of this work: an AI-driven platform purpose-built to forecast the decarbonization potential of 10,000 climate solutions across industry applications, asset classes, and future market scenarios. This enables investors to analyze the future impact of their decision-making at any scale, from investments in individual technologies to global, multi-asset class portfolios. Trusted by institutional investors and asset managers globally, Rho Impact helps direct capital confidently toward the world's most credible climate solutions. Learn more at www.rhoimpact.com.