At One Ventures

At One Ventures is a San Francisco-based venture capital firm founded by Tom Chi that backs early-stage deep-tech startups developing hardware innovations in energy storage, sustainable materials and carbon removal to reduce environmental impact.

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At One Ventures is a venture capital firm in San Francisco that backs early-stage companies developing deep technologies with the goal of reducing environmental impact. Founded by Tom Chi, a former Google X team member, the firm offers funding and technical support to startups that can achieve better unit economics in established industries while shrinking their ecological footprint.

The firm’s investment focus spans physical and hardware innovations that address critical natural systems: air, water, soil and biodiversity. Select investments tackle energy storage, sustainable materials, alternative protein or carbon removal, with an emphasis on solutions that drive measurable operational efficiency. At One Ventures evaluates opportunities based on financial viability, technological feasibility and environmental benefit, seeking companies capable of scaling global markets without compromising planetary health.

In the clean technology sector, At One Ventures has supported startups advancing battery and energy solutions. Examples include Noon Energy, which develops batteries from abundant materials, and Ascend Elements, a firm recycling critical battery metals. Relectrify works on battery control systems, and Ambient Photonics designs technology that could reduce reliance on traditional batteries. These investments highlight the firm’s belief that next-generation energy storage is essential to broader adoption of renewables and lower carbon emissions.

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