Montauk Climate

Montauk Climate operates as a climate technology incubator, adopting a startup studio model to develop new ventures in-house. The firm focuses on identifying critical gaps within the climate ecosystem and conceives businesses from the ground up, prioritizing software and platform-based solutions. Their approach aims to build the connective infrastructure that complements existing hardware-intensive climate efforts, thereby enhancing the operationalization and integration of diverse climate technologies. Key areas of interest include energy efficiency in data centers, electrification incentives, advanced weather data aggregation, and innovative climate risk insurance products.

The company was co-founded by Philip Krim, Evan Caron, and Sharo Atmeh, launching in March 2024. Philip Krim, known for co-founding Casper, transitioned his entrepreneurial focus to climate after observing a need for more "zero-to-one" founders in the sector. He partnered with Evan Caron, a former commodity trader, and Sharo Atmeh, an experienced lawyer and portfolio manager. Their collective insight highlighted the opportunity to actively build new businesses from proprietary ideas rather than simply funding external ones, leading to the formation of this unique incubator model.

Montauk Climate targets a broad array of stakeholders, from individual consumers and utilities to businesses navigating climate-related risks. Its vision is centered on creating the essential operational links and technological solutions needed to make the broader climate system more coherent and effective. By authoring businesses that provide this crucial "mortar" between existing climate innovations, the company aims to accelerate the transition to a more sustainable and resilient future.