Pre-Seed Angel Investment · Climate Tech · Construction Tech
Terrae Capital is an angel investment vehicle focused on pre-seed startups developing foundational innovations in Climate Tech and Construction Tech. We bring more than capital — we bring operator experience from two decades inside the industry.
Investment Thesis
The built environment is one of the largest contributors to carbon emissions and one of the least digitized sectors in the global economy. That gap is where the most important entrepreneurial opportunities of the next decade will emerge. We back founders who are reimagining how the built environment is created, operated, and sustained.
01
Construction and infrastructure account for nearly 40% of global CO2 emissions. Regulation, capital markets, and customer demand are converging to force rapid decarbonization across the value chain.
02
Construction remains one of the least digitized industries globally. Process inefficiency, fragmented data, and manual operations create structural opportunities for technology-enabled disruption.
03
Our edge comes from operator experience. We have led businesses in construction materials, digital transformation, and sustainability across 50+ countries. We understand the industry from the inside — its decision cycles, its constraints, and where technology can genuinely unlock value.
04
The electrification of the global economy depends on critical minerals — graphite, rare earths, nickel, lithium — overwhelmingly processed in geopolitically exposed supply chains. Diversification is both a strategic imperative and a structural investment opportunity.
Six Investment Domains
Technologies directly reducing carbon emissions in materials, buildings, and industrial processes. Low-carbon cement, carbon capture, circular economy, bio-based materials.
Digitisation and automation of the construction value chain — material passports, AI generative design, B2B platforms, supply chain digitisation, and prefabrication technology.
AI foundation models that operate in physical environments — robotics, autonomous systems, computer vision for site inspection. Harder and less crowded than software AI.
Digital transformation and strategic data monetisation across construction, industrial, and sustainability sectors. Carbon MRV, ESG reporting, supply chain transparency, data center efficiency.
Next-generation energy generation and storage to power the transformation. Enhanced geothermal, SMRs, nuclear fusion, agrovoltaics, iron-air batteries. Primarily IPO Watch — strategic positioning.
Supply chain security for the minerals required by the energy transition — graphite, rare earths, nickel, lithium. A structurally distinct thesis from energy generation.
Investment Criteria
01
Functional prototypes or operational pilots. Exploratory agreements or letters of intent. Evidence that the idea has been tested against reality, not just designed on paper.
02
Passion, experience, and transformative vision. Founders who understand the industry they are disrupting from the inside — not just the technology, but the customer, the market structure, and the decision cycle.
03
A compelling narrative backed by technical and operational rigor. The ability to articulate what problem is being solved, for whom, and why this team is uniquely positioned to solve it.
04
Business models with regional scalability and global vocation. We look for ventures where the unit economics improve with scale and where the path from pre-seed to Series A is legible.
The Founder
Founder & Managing Partner · Terrae Capital
Manuel Toro brings over 21 years of executive experience at a global leader in construction materials, where he led digital transformation, sustainability strategy, and commercial excellence across 50+ countries and 2,500+ people.
He led a sustainable product and solutions portfolio to $7.6B in revenue, with a Net Promoter Score of 74 against an industry average of 40, and a 15% reduction in Cost to Serve. He is an active member of Andes Angels and invests through Socialatom LLC and Tribu Tech Latam.
His academic formation includes graduate programs in management, innovation, and technology at MIT, sustainability strategy, and board governance at leading institutions in Europe and the Americas. He holds executive credentials from MIT, Stanford, INSEAD, IE Madrid, and LSE, among others.
Get in Touch
We co-invest alongside Andes Angels, Socialatom LLC, and Tribu Tech Latam. If you are a founder at pre-seed or seed stage in one of our six domains — or a fellow investor — we would like to hear from you.
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