Exelon Launches 2c2i Initiative, Opens Applications for Climate Change Startups

Exelon has opened applications for its Climate Change Investment Initiative (2c2i) to fund startups focused on clean energy and sustainable technologies. The application window is open until September 15, 2025, and Exelon has recently added three new ventures to its 34-company portfolio. The company aims to invest $20 million in startups that align with its sustainability and clean energy objectives.

Exelon has announced the opening of applications for its 2026 Climate Change Investment Initiative (2c2i), a program designed to fund innovative startups focused on clean energy and sustainable technologies. The application window is open until September 15, 2025, and the company aims to invest $20 million in startups that align with its sustainability and clean energy objectives.

The 2c2i program, launched in 2019, combines the social and environmental impact objectives of the Exelon Foundation with the investment objectives and approach of venture capital. Currently, 2c2i has 34 active companies in its portfolio, led by diverse and inclusive teams from varying backgrounds. Among these, 15 are headquartered in Exelon’s footprint.

Exelon has recently added three new ventures to its 2c2i portfolio. Salient Predictions combines novel ocean and land-surface data with machine learning and climate expertise to deliver sub-seasonal-to-seasonal weather forecasts one day to one year in advance. SusMaX recycles historically landfilled waste coal ash with no engineering value into high-performance lightweight aggregate for concrete applications through its patented thermochemical process. Zero Homes is a vertical software company that has built the first remote design platform to digitize homes, design and quote heat pumps, eliminating in-home visits and delivering higher quality, affordable designs.

The application process requires startups to work on projects that benefit one or more of Exelon’s six major markets (Atlantic City, Chicago, Baltimore, Philadelphia, Washington, D.C., and Wilmington, Del.) and have the potential to mitigate greenhouse gas emissions, boost urban infrastructure resiliency, help cities adapt to climate change, or achieve specific sustainability and climate goals.

Applications for 2c2i are being accepted through September 15, 2025. More information is available at exelonfoundation.org.

References:
[1] https://www.linkedin.com/posts/grantgunnison_news-i-can-finally-share-exelon-the-largest-activity-7326283094745853953-DUbn
[2] https://www.businesswire.com/news/home/20250506587640/en/Exelon-Opens-2026-Climate-Investment-Applications-and-Announces-New-Environmental-Stewards
[3] https://site.financialmodelingprep.com/market-news/clean-energy-fuels-corp-nasdaq-clne-overview-analyst-insights
[4] https://dailyenergyinsider.com/news/48193-applications-open-for-exelons-2026-climate-investments/