Pulse Fund has closed its inaugural venture capital fund with $63 million in commitments. The firm is based in Los Angeles and backs early-stage scalable climate companies under Founder and Managing Partner Tenzin Seldon. The announcement positions Pulse to deepen its investments across interconnected climate sectors and expand its support for emerging founders.
A Systems-Level Investment Thesis
The fund targets four high growth sectors: the energy transition, infrastructure, food and agriculture, and mobility. Pulse argues that these markets move together, so a battery advancement can enlarge the market for electric mobility and agricultural efficiency gains can shift infrastructure spending. By mapping such linkages before the broader market does, the firm seeks opportunities that single sector investors may misprice.
Investor Backing and Portfolio Momentum
The fund has attracted institutional investors, corporations, multi family offices and strategic backers including Beneficient, C6 Partners, Pivotal Foundation, the Pritzker family, Veronica Chou, David Osborn and a sovereign wealth fund based in Asia. James Silk, CEO of Beneficient, said the firm evaluates many emerging managers and anchors very few, describing Pulse as having cleared more than a year of diligence. Pulse has already invested in Endera, Floodbase, InventWood, it’s electric, Mast Reforestation, Plantible, Twelve and Unravel Carbon.
Founder Leadership and Industry Recognition
Tenzin Seldon brings more than two decades of experience scaling climate technologies and leads all of the firm’s deals while holding board seats across the portfolio. A debut fund of this size is uncommon for any first time manager, and especially rare for a solo Indigenous woman led firm. Seldon has earned honors including the Truman Scholarship, a Rhodes Scholarship, and recognition from Forbes, Inc. and the World Economic Forum.
A Track Record in Climate Leadership
Beyond Pulse, Seldon advises and sits on the boards of publicly traded companies and nonprofits including Marathon Digital Holdings, Stanford University’s Human-Centered Artificial Intelligence and One Earth. Before founding the firm, she co-founded a net-negative infrastructure company focused on redevelopment and adaptive reuse of historic buildings. She earlier served at the United Nations Environment Programme in Thailand, where she oversaw disaster risk reduction policy for the region.
NASA Partnership and Climate Impact Tools
Under a Space Act Agreement signed with NASA’s Goddard Space Flight Center in 2024, Pulse connects its portfolio companies to publicly available Earth observation data, modeling capabilities and climate technology. The collaboration supports Goddard’s technology transfer mission to move NASA science into the private sector for commercialization. Informed by that science, Pulse is building tools to measure, evaluate and monitor climate impact across its portfolio.
Portfolio Company Perspectives
John Walsh, CEO of Endera, noted that Pulse backed the company when many investors still saw commercial electric vehicles as a niche bet. He said Seldon understood that electrifying fleets is foundational infrastructure for the energy transition and praised her role in restructuring the cap table to bring in blue chip funds. Grace Sai, CEO of Unravel Carbon, said Pulse supported the company through a shift toward an AI native platform while challenging its assumptions.
The close marks a notable milestone for a first time venture fund led by a solo Indigenous woman in a market where women hold only about fifteen percent of decision making roles. Pulse’s investor base and early portfolio signal confidence in its systems level approach to climate investing. With fresh capital, the firm is positioned to back founders who see connections across energy, infrastructure, food and agriculture, and mobility before the broader market catches up.