Overview
Venture investing arm focusing on energy transition and disruptive technolo
Founded
1956
Deals · 12mo
5
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
Captura | Jun 2026Participated | $13 MSeries B | |
Dronus | Mar 2026Participated | $17 MOther Equity | |
EXE Engineering | Feb 2026Led | $0.65 MOther Equity | |
Aether Fuels | Jan 2026Participated | $15 MOther Equity | |
Generative Bionics | Dec 2025Participated | $82 MOther Equity | |
OXCCU | Sep 2025Participated | $28 MSeries B | |
Tidal Vision | Feb 2025Participated | $140 MSeries B | |
Mantel | Sep 2024Led | $30 MSeries A | |
Mantel Technologies | Sep 2024Led | $30 MSeries A | |
e-Zinc | Jun 2024Participated | $31 MSeries A | |
M2X Energy | Jun 2024Participated | $40 MSeries B | |
Swift Solar | Jun 2024Led | $27 MSeries A | |
Captura | Jun 2026Participated | $13 MSeries B | |
Dronus | Mar 2026Participated | $17 MOther Equity | |
EXE Engineering | Feb 2026Led | $0.65 MOther Equity | |
Aether Fuels | Jan 2026Participated | $15 MOther Equity | |
Generative Bionics | Dec 2025Participated | $82 MOther Equity | |
OXCCU | Sep 2025Participated | $28 MSeries B | |
Tidal Vision | Feb 2025Participated | $140 MSeries B | |
Mantel | Sep 2024Led | $30 MSeries A | |
Mantel Technologies | Sep 2024Led | $30 MSeries A | |
e-Zinc | Jun 2024Participated | $31 MSeries A | |
M2X Energy | Jun 2024Participated | $40 MSeries B | |
Swift Solar | Jun 2024Led | $27 MSeries A |
Insights
Time horizon
View by
Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Seed | 1 | 0 |
| Series A | 4 | 6 |
| Series B | 2 | 5 |
| Other Equity | 1 | 4 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Aug '19 | 1 |
| Sep '19 | 0 |
| Oct '19 | 0 |
| Nov '19 | 0 |
| Dec '19 | 0 |
| Jan '20 | 0 |
| Feb '20 | 0 |
| Mar '20 | 0 |
| Apr '20 | 0 |
| May '20 | 1 |
| Jun '20 | 0 |
| Jul '20 | 0 |
| Aug '20 | 0 |
| Sep '20 | 0 |
| Oct '20 | 0 |
| Nov '20 | 0 |
| Dec '20 | 0 |
| Jan '21 | 0 |
| Feb '21 | 1 |
| Mar '21 | 0 |
| Apr '21 | 0 |
| May '21 | 0 |
| Jun '21 | 1 |
| Jul '21 | 0 |
| Aug '21 | 0 |
| Sep '21 | 1 |
| Oct '21 | 0 |
| Nov '21 | 0 |
| Dec '21 | 0 |
| Jan '22 | 0 |
| Feb '22 | 0 |
| Mar '22 | 0 |
| Apr '22 | 1 |
| May '22 | 0 |
| Jun '22 | 1 |
| Jul '22 | 0 |
| Aug '22 | 0 |
| Sep '22 | 0 |
| Oct '22 | 0 |
| Nov '22 | 0 |
| Dec '22 | 0 |
| Jan '23 | 1 |
| Feb '23 | 0 |
| Mar '23 | 0 |
| Apr '23 | 1 |
| May '23 | 0 |
| Jun '23 | 1 |
| Jul '23 | 0 |
| Aug '23 | 0 |
| Sep '23 | 0 |
| Oct '23 | 0 |
| Nov '23 | 0 |
| Dec '23 | 0 |
| Jan '24 | 1 |
| Feb '24 | 0 |
| Mar '24 | 0 |
| Apr '24 | 0 |
| May '24 | 0 |
| Jun '24 | 3 |
| Jul '24 | 0 |
| Aug '24 | 0 |
| Sep '24 | 2 |
| Oct '24 | 0 |
| Nov '24 | 0 |
| Dec '24 | 0 |
| Jan '25 | 0 |
| Feb '25 | 1 |
| Mar '25 | 0 |
| Apr '25 | 0 |
| May '25 | 0 |
| Jun '25 | 0 |
| Jul '25 | 0 |
| Aug '25 | 0 |
| Sep '25 | 1 |
| Oct '25 | 0 |
| Nov '25 | 0 |
| Dec '25 | 1 |
| Jan '26 | 1 |
| Feb '26 | 1 |
| Mar '26 | 1 |
| Apr '26 | 0 |
| May '26 | 0 |
| Jun '26 | 1 |
| Jul '26 | 0 |
| Aug '26 | 0 |
| Sep '26 | 0 |
| Oct '26 | 0 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| Clean Energy & Sustainability | 17 |
| Space & Frontier Tech | 9 |
| Hardware & Robotics | 6 |
| Manufacturing | 5 |
| Enterprise Software | 3 |
| Health & Life Sciences | 3 |
| Professional Services | 3 |
| Networks, Cloud & Communication | 2 |
| AI & Machine Learning | 1 |
| Food & Agriculture | 1 |
| Data, Analytics & IT | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 2 |
| $5M-$10M | 0 |
| $10M-$25M | 6 |
| $25M-$50M | 11 |
| $50M-$100M | 2 |
| $100M-$250M | 2 |
| $250M-$500M | 0 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 4 of 4 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| United States | 13 |
| Europe | 7 |
| Canada | 2 |
| Italia | 1 |
Co-Investors
Bubble size = shared deals
Click a bubble to open that fund in a new tab.
Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.
| Co-investor | Shared deals |
|---|---|
| Breakthrough Energy Ventures | 5 |
| Aramco Ventures (Saudi Aramco Energy Ventures) | 4 |
| CDP Venture Capital | 4 |
| AP Ventures | 3 |
| Equinor Ventures | 3 |
| Mitsubishi Heavy Industries | 3 |
| Anzu Partners | 2 |
| Arosa Ventures | 2 |
| BP Ventures | 2 |
| Braavos Capital | 2 |
| Clean Energy Ventures | 2 |
| Daphni | 2 |
| EDP Ventures | 2 |
| Engine Ventures | 2 |
| European Innovation Council | 2 |
| Freeflow Ventures | 2 |
| Good Growth Capital | 2 |
| Hartree Partners | 2 |
| Hitachi Ventures | 2 |
| Hostplus | 2 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 8 | 35% |
| Participating | 15 | 65% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 2 | 25% |
| Co-led | 6 | 75% |
Team
Executive
President & CEO
Strategy Development Director