GE Vernova
58 Charles St, Cambridge, MA, 02141, United States
Overview
GE Vernova is an energy business company. They provide digital, energy consulting, energy financial services, gas power, grid solutions, nuclear energy, power conversion, renewable energy, steam power, and so on.
- Total investments
- 6
- Lead investments
- 1
- Investments · 12mo
- 3
- Active investors
- 7
Sector focus
- Energy
- Energy Efficiency
- Sustainability
Investment portfolio
- Form Energy
Participated · Series G · Aug 2026
Form Energy develops iron-air long-duration batteries capable of delivering up to 100 hours of discharge. Its chemistry relies on iron oxidation and reduction, enabling lower-cost storage by avoiding higher-priced minerals like lithium, cobalt, and nickel. The company has secured large commercial customers including Google, Crusoe, Xcel Energy, and FuturEnergy Ireland and reports a commercial project backlog of about 80 gigawatt-hours. About 80% of the company’s materials supply is sourced from the U.S., with the remainder from Europe and Asia. Form is expanding manufacturing capacity in West Virginia following its recent financing. The company’s positioning and technology aim to address growing demand for long-duration storage as U.S. electricity demand rises and renewable generation expands.
- ThinkLabs
Participated · Series A · Mar 2026
ThinkLabs AI builds a high-performance, physics-informed AI platform that simulates, plans and optimizes electric grid operations far faster than traditional tools. Its technology can run up to 10 million scenarios in 10 minutes while maintaining more than 99.7% accuracy on grid power flow, enabling utilities to identify constraints and solutions rapidly. The company emphasizes transparency, explainability and auditability in its models to meet regulated-utility requirements. ThinkLabs targets use cases including interconnection, system planning and operational studies as electricity demand grows from data centers, AI workloads and electrification. The recent $28 million Series A will fund expanded customer delivery, enhancements to AI-powered digital twins and agents, and scaled deployments with ecosystem partners. The company is based in New York.
- Emerald AI
Participated · Equity · Mar 2026
Emerald AI, founded in 2024 and based in Washington, D.C., develops energy technology for data centers. The company has raised more than $65 million since its founding and has announced a new $90 million financing round. Emerald AI recently landed a deal with Silicon Valley Power and is preparing to participate in Nvidia's 96-megawatt Manassas data center project. The article does not provide revenue, user, or other operating metrics, nor does it detail the company's specific product architecture. It also does not disclose its investors or valuation in connection with the new financing.
- Svante
Participated · Series E · Dec 2022
Svante develops carbon capture and removal technology built around nanoengineered filters and modular rotary contactor machines. The company is constructing a 141,000 sq. ft. manufacturing facility in Burnaby, BC that will produce filters capable of capturing 10 million tonnes of CO2 annually and serve as its global headquarters and R&D center. Svante disclosed a US$145 million capital investment in that facility. The company offers integrated project development services and aims to de-risk first-of-a-kind (FOAK) commercial deployments while accelerating delivery of projects domestically and internationally. Svante intends to leverage its Canadian IP and manufacturing capabilities to prioritize opportunities in its Canadian pipeline. The company has received industry recognition, including placement on the 2024 Global Cleantech 100 and XPRIZE XB100 lists, and a Corporate Knights ranking among private companies. Svante designs and manufactures structured adsorbent beds (filters) that capture CO2 from industrial flue gas and direct air, concentrating it into 95% pipeline‑grade CO2 for storage or industrial reuse. Its modular solid sorbent technology is tailored to separate CO2 from nitrogen in dilute, low‑pressure flue gases and is targeted at heavy industries including hydrogen, pulp and paper, lime, cement, steel, aluminum and chemicals. The company was founded in 2007 and its board includes Nobel Laureate and former U.S. Secretary of Energy Steven Chu. Svante is commercializing its technology through a planned Vancouver manufacturing facility that it says will produce enough filter modules to capture millions of tonnes of CO2 per year across hundreds of large-scale CCUS facilities. Management says the new facility will remove barriers to rapid deployment and enable rapid expansion of its order book. The company has received strategic partnerships and pilot projects with Chevron, including prior investment and a 2020 pilot funded by the U.S. Department of Energy. Svante builds solid sorbent-based carbon capture technology that captures, concentrates and releases CO2 for storage or industrial use in about 60 seconds. The company plans to scale up manufacturing through a new Centre of Excellence for Carbon Capture Use and Storage in Vancouver, BC to produce commercial-scale structured absorbent filters and test its rapid adsorption machine (RAM) designs. Svante says its planned filter plant will have annual capacity to deliver filter modules capable of removing 3 million tonnes of CO2 per year (equivalent to three 1 Mt/year plants). Its technology is being deployed at pilot and demonstration scale, including a 1 tonne-per-day CO2MENT pilot with LafargeHolcim and TOTAL in Richmond, a 30 TPD demonstration completed in Lloydminster, and a 25 TPD plant under design at Chevron near Bakersfield. The company has attracted more than USD$195 million in funding since its founding in 2007. The article highlights Svante’s World Headquarters, R&D and engineering test center in Canada and emphasizes the role of its technology in decarbonizing emissions-intensive industries like cement and large-scale hydrogen production. Svante develops a solid sorbent carbon-capture solution that captures CO2 directly from industrial sources for safe storage or industrial reuse. The company says its technology can achieve capture at less than half the capital cost of existing engineered solutions. Svante plans to use new growth capital over the next three years to support several commercial-scale carbon capture facilities targeting hard-to-abate sectors such as cement manufacturing, blue hydrogen production and natural gas boilers. The company emphasizes a capital-light business model and deployment at industrial scale. Svante has attracted more than USD $150 million in funding since its 2007 founding. Its board includes Nobel Laureate and former U.S. Secretary of Energy Steven Chu and Pratima Rangarajan of OGCI Climate Investments.
- SnappyData
Led · Series A · Apr 2016
SnappyData builds an open-source in-memory hybrid transactional and analytics database built on Apache Spark and Pivotal GemFire. Its platform lets customers replace disparate streaming, transactional and analytical products by consolidating workloads in a single in-memory cluster. The architecture uses Apache Spark's in-memory computing and a shared-nothing design based on Pivotal GemFire to eliminate single points of failure and deliver high performance. The company is led by GemFire founders Richard Lamb, Jags Ramnarayanan and Sudhir Menon and is based in Portland, Oregon. SnappyData currently has a team of 30+ engineers and is actively hiring. It plans to use the Series A proceeds to invest in engineering and sales.