All Aboard Fund is a New York City-based venture capital firm focused on the energy transition. The firm was formed following All Aboard’s first annual convening of global climate investors in 2024 and is positioned to back companies operating in capital-intensive segments of climate and energy infrastructure. Its strategy centers on mobilizing institutional capital toward large-scale decarbonization opportunities.
In February 2026, All Aboard Fund raised $99 million for its maiden vehicle, All Aboard Fund I, L.P. According to regulatory filings, 15 limited partners participated in the raise. As a first-time fund, the nearly $100 million size positions the firm to make meaningful early growth investments in infrastructure-driven climate companies.
The fund’s strategy is built around the premise that the energy transition will require large amounts of patient capital directed toward capital-intensive sectors such as power generation, storage, grid infrastructure and industrial decarbonization. By focusing on areas that require significant upfront investment, All Aboard aims to differentiate itself from software-heavy climate funds and instead concentrate on foundational energy assets and enabling technologies.
The firm emerged from a network of global climate investors and seeks to bridge institutional capital with scalable decarbonization platforms. Fund I establishes All Aboard as a dedicated energy transition investor headquartered in New York, targeting companies capable of delivering both financial returns and measurable emissions impact.
Leadership
Individuals associated with the fund include Stan Miranda, Chris Anderson and Staffan Qvist, according to regulatory filings. Jay Dessy serves as Chief Investment Officer, and Tristan Varakuta is listed as an associate. The team brings together experience across energy systems, climate investing and capital markets.
Investment Strategy
All Aboard Fund targets capital-intensive climate sectors that require structured financing and long-term capital support. The firm is likely to pursue significant minority stakes in companies developing infrastructure and industrial-scale technologies. Its strategy suggests a focus on disciplined capital allocation, risk management and alignment with long-term decarbonization pathways. The fund’s origin within a climate investor convening indicates strong ecosystem ties and co-investment potential.
Notable Investments
As a newly launched fund, All Aboard Fund has not yet publicly disclosed portfolio investments. Fund I will deploy capital into companies operating across energy generation, storage, grid modernization and other infrastructure-driven decarbonization segments.
Notable ExitsNot applicable. The firm has just raised its maiden fund and has not recorded exits.
Other
All Aboard Fund is tailored to founders building in hardware-heavy and infrastructure-intensive climate sectors. Companies seeking capital for asset-light software plays may not align with the fund’s thesis. With 15 LPs backing its first vehicle, the firm appears to have secured concentrated institutional support. Founders should expect rigorous diligence around capital efficiency, project finance structures and long-term scalability within regulated energy markets.
United States
