350PPM is on a mission to reduce the amount of CO₂ in the atmosphere to 350 parts per million and reduce CO₂e (equivalent greenhouse gases) to similar levels. It operates as a central legal entity whose purpose is assisting breakthrough environmental businesses. As a result, the companies selected for its portfolio are those that can make the biggest impact on reducing the level of CO₂ per USD invested. It operates as an incubator and accelerator participating directly in the development of client companies to support success.