Josh Felser

Co-Founder (Climactic); Co-Founder (Freestyle), Climactic, Freestyle Capital
Josh Felser sold Spinner to AOL (~$320M) and Crackle to Sony, moved into VC backing Airtable and Patreon, and after leading California's COVID tech task force pivoted to climate investing.
How to contact Josh Felser
Stages their fund invests in
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Avg Check
$1.5M - $3M
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Does their fund Lead?
No
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Geos their fund invests in
USA
Josh Felser
Stages their fund invests in
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Sectors their fund invests in
Climate
Energy
Transportation
Enterprise
SaaS
Generalist
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Avg Check
$1.5M - $3M
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Leads?
No
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About Josh Felser

Josh Felser is a serial founder who sold two media companies (Spinner to AOL for ~$320M and Crackle to Sony for ~$65M) before becoming a VC, co-founding Freestyle Capital where he invested in unicorns like Airtable and Patreon, then pivoting to climate investing through Climactic. During COVID he co-led a technology task force for the State of California helping the government source private-sector solutions, an experience that influenced his decision to leave traditional VC and focus on climate solutions.

Josh Felser's Interests

What they've been talking about across their social media accounts
  • A strong focus on the intersection of climate technology and artificial intelligence. He views efficiency as the essential ingredient for successful climate tech and sees AI as the catalyst to achieve it. He also suggests that environmental goals should be framed through a patriotic lens—emphasizing jobs, cheap energy, and self-reliance—to appeal to a broader spectrum of Americans.
  • Interest in the human element within a tech-dominant future. He argues that as artificial intelligence advances and potentially commoditizes technical skills like coding, the most valuable trait for future innovators will be empathy and the ability to master social interactions in live settings.
  • A desire to reform how investors interact with entrepreneurs, specifically regarding rejection. He has expressed a wish to move away from cold or ghosting behaviors, seeking instead to communicate with founders in a way that makes them feel supported and seen even when the investment answer is no.
  • Critique of the information ecosystem and social media business models. He discusses how the internet is currently incentivized to promote division and notes that misinformation is often consumed not to change opinions, but to comfort people in their existing beliefs despite evidence to the contrary.

About their Fund

Sectors
Climate, Energy, Transportation, Enterprise, SaaS
Rounds
Seed - Series A
Avg Check Size
$1.5M - $3M

Climactic is a software-first climate tech fund led by repeat operators Raj Kapoor (former Lyft Chief Strategy Officer) and Josh Felser (Freestyle Capital co-founder with two exits), focusing on energy, AI, automation, and robotics rather than capital-intensive hardware. The fund builds its strategy around an anticipated M&A boom in climate tech, positioning itself to back companies that will become prime acquisition targets as incumbents seek decarbonization capabilities, while emphasizing that climate products must be sold like mainstream tech through consumer-grade storytelling and go-to-market execution.

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