Leonid Capital Partners, an investment firm focused on technology companies working in the national security industry, is providing a $13 million term loan to Aclima, a San Francisco-based climate-tech company that has developed a software and hardware solution for hyperlocal measurement and analysis of air pollution, toxics and greenhouse gasses (GHG).
“The need for climate action has never been more urgent, and we’re committed to delivering science-driven insights in order to reduce emissions, protect public health and ultimately provide cleaner air for everyone,” Davida Herzl, CEO of Aclima, said. “Working with Leonid enables us to continue focusing on innovations to drive that mission forward, while supporting that growth with critical deals and scaling revenue.”
“Aclima is doing critical work to provide environmental intelligence for governments, communities and industry customers,” Chris Lay, co-founder of Leonid Capital Partners, said. “Climate security is national security, and we’re proud to support their mission.”
