– Energize Capital has closed its Ventures Fund III with $430 million in capital commitments.
– This is the firm’s third ventures fund and fifth institutional fund, bringing total assets under management to over $1.8 billion.
– Ventures III will invest in early-stage companies focused on energy and industrial transformation through digital and software-enabled solutions.
– The firm provides financial capital alongside deep operational and commercialization support, drawing on decades of expertise in climate technology.
– The fund targets opportunities driven by:
▪️ The rise of AI in industrial processes
▪️ Reshoring of manufacturing
▪️ Changing global supply chains
▪️ The accelerating energy transition
▪️ Needs around grid interconnection, next-gen manufacturing, and the circular economy
– Energize’s strategy is grounded in digital-first climate solutions, positioning the firm as a critical partner for innovation in these sectors.
– John Tough, Managing Partner at Energize Capital, stated: “Now on our third ventures fund, the Energize team has been investing in climate technologies and solutions across several cycles, and we’ve experienced firsthand how this space has evolved in both market size and complexity.”
– Ventures Fund III LPs include:
▪️ New investors: Första AP-fonden (AP1), Capricorn, Reference Capital, Keeling Capital, Keysight Technologies, Wex Ventures LLC Capital, and other international pensions
▪️ Returning investors: GE Vernova, La Caisse (Caisse de dépôt et placement du Québec), Builders Vision, UBS, WEC Group Ltd
– Scott Gerdes, Director of Private Investments at Builders Vision, said: “As an investor committed to accelerating the energy transition, Builders Vision values Energize’s deep industry insights and proven approach to scaling energy transition SaaS businesses.”
– Ventures III will back asset-light climate solutions, especially in:
▪️ Industrial digitization
▪️ Next-generation infrastructure
▪️ Energy transition sectors
Investments already made from Ventures III include:
▪️ Tyba – battery software optimization
▪️ Archive – resale enablement platform for brands
▪️ Nira – software platform supporting grid interconnection for energy developers
