Momentumx Logo

We build new companies to accelerate the adoption of clean technology

About Momentum X

Momentum X is a venture studio that builds scalable platforms at the intersection of clean technology and financial technology–climate fintech–to direct public and private capital more efficiently towards low-carbon solutions.

Innovating this way hardly comes new to us. Since 2005, our founding partners have deployed over $20B in advanced climate technologies. They’ve developed 10 climate tech accelerators, ran solar and EV charging businesses, managed a venture capital portfolio, traded environmental commodities, designed public-private voucher and incentive programs, and consulted Fortune 100 companies on a wide range of decarbonization topics. This experience makes us experts in energy, mobility, and the built environment, and our work is dedicated to driving positive change in these sectors.

Momentum X is launching its next startup in Fall 2023. We are seeking individuals who want to make a positive impact in the world by building and leading successful climate finance businesses. Everyone interested is encouraged to start the conversation by completing the Momentum X Builder Interest Form HERE.

Who We Are

JASON PRINCE

JASON PRINCE

Jason has worked at the intersection of energy finance, markets, and innovation for over a decade. He co-founded Third Derivative–a leading climate-tech accelerator–and supported 125 startups that have now raised over $850M. Prior, he worked across programs at RMI, focused on electric grid planning, procurement, and regulation. Project work included developing solar+storage for electric cooperatives, auditing US Navy installations for resilience, advising the Hawaii Public Utilities Commission on regulatory dockets, and authoring thought leadership on grid infrastructure. Before RMI, Jason worked in structured finance at SolarCity/Tesla, originating and closing a $40M financing facility to monetize renewable energy credits, and supporting state level regulatory analysis to inform new market development and pricing. Before that, Jason worked at Karbone brokering, researching, and advising on energy and environmental commodities including wholesale electricity, capacity, carbon, (S)RECs, LCFS, and RINs. Jason has also consulted on regulated commodity markets the US and Canada, and on project finance for a solar project in Puerto Rico and a cogeneration facility in northern Canada.

SHAWN GARVEY

SHAWN GARVEY

Shawn Garvey is Founder and Chief Executive Officer of Momentum X, a venture and innovation studio that builds new companies that accelerate the global adoption of clean technology. In 2005, he founded Momentum Inc, a leading global consultancy assisting companies in the design, development and deployment of transformational clean energy technologies. He is a co-founder and chairman of e-Mission Control Inc., which has emerged as a North American leader in the design and management of electricity consumption data products for forward-thinking on- and off-road vehicle fleet operators, and also co-founder and director of MXV Ventures, a company that designs clean-tech incubation and accelerator programs and invests in early-stage clean energy innovations and start-ups. He founded The Sierra Fund, a foundation for the environment committed to the land and people of California’s Sierra Nevada headwaters which sponsored successful legislation creating Sierra Nevada Conservancy and has deployed over $160M in conservation investments in the region. He served as a Special Projects Representative for the US Department of Agriculture Rural Development in the Clinton Administration. Garvey founded Smart Campaigns, a political communications firm that has helped to elect hundreds of Democratic and progressive candidates for U.S. Senate, Congress, Governor, throughout the United States and abroad.

Bringing Capital Together

Skyview Ventures logo

Established in 2008, Skyview Ventures was created with a mission to accelerate the worldwide commercialization of renewable energy and clean transportation solutions. The company is acknowledged as a global pioneer in creating new financial structures, innovating new solutions to deploy and leverage public and private capital. Skyview Ventures has 4 operating units: Skyview Finance Company is one of the largest merchants of environmental attributes in the United States, having executed over $2.5B in environmental commodity transactions Davis Hill Development has developed 200 solar facilities totaling 100+ MW across 15 states, Skycharger has developed 500+ EV charging stations in 6 states, and Skyview’s venture capital portfolio includes 25 climate tech startups.

www.skyviewventures.com

Momentum logo

Momentum is a global consultancy that designs and develops innovation campaigns for forward-thinking organizations working to deploy transformative energy, transportation, and manufacturing technologies. The company’s Design|Develop|Deploy platform generates dramatic results: together with 1,500+ clients and institutional partners, Momentum has helped deploy $10B+ in globally significant innovations—while leveraging $2B in public non-dilutive capital—in partnership with dozens of the world’s most innovative companies:  Berkshire Hathaway Energy, Volvo, General Motors, Port of Long Beach, Sempra Energy, Schneider Electric, TravelCenters of America, SMUD, New Energy Nexus, CALSTART, and Wells Fargo’s IN2 Accelerator.

Momentum’s demonstration partners include a robust ecosystem of leading national laboratories and universities, public- and investor-owned utilities, and air-, land- and sea-ports throughout North America. Founded in 2005, Momentum has grown to be among the most sought-after clean technology and commercialization partners in North America. Momentum received the National Growth Accelerator Award from the US Small Business Administration and was acknowledged in 2021 by Sacramento Business Journal as one of the best places to work in Sacramento.

www.buildmomentum.io

Portfolio Companies

Our portfolio companies are already changing the way the technologies of the future are being funded and deployed:

Founded in 2020, e-Mission Control designs and manages electricity consumption data products for on- and off-road electric vehicle fleet operators. This fast moving start-up already serves 400 corporate and enterprise clients and manages over 50,000 pieces of zero-emission equipment in 1,200 facilities in Canada and the western US.

Founded in 2019, OpenGrants is a powerful AI platform that is revolutionizing the public grants and incentives sector. OpenGrants organizes $500B in funding from international, federal and state grantmaking agencies and has attracted over 12,000 institutional and retail customers since 2020.

Contact Momentum X

Jason Prince
New York City
jason@momentumx.ventures

Shawn Garvey
Sacramento
shawn@momentumx.ventures

Careers at Momentum X