Participated · Series A · Jul 2026

Proxima Fusion is Europe’s leading stellarator company and the first spin-out from the Max Planck Institute for Plasma Physics, developing commercial fusion power plants using the QI-HTS stellarator concept. The company is building Alpha, a net-energy stellarator demonstrator targeted for the early 2030s, and plans a follow-on commercial plant called Stellaris later in the decade. Proxima leads the Alpha project in partnership with the state of Bavaria, the Max Planck Institute for Plasma Physics and industrial partners including RWE, supported by an Alpha Alliance of more than 50 companies. Headquartered in Munich with offices in Zurich and Oxford, Proxima employs around 200 people across engineering, science and operations. Financially, Proxima has secured more than €650 million in funding to date, including about €95 million in public grants, and plans to expand engineering, manufacturing and magnet production capabilities as it advances toward demonstrator completion.

Led · Series A · Jun 2026

Focused Energy develops laser-based fusion technology and was founded in 2021 as a spin-off of Technical University Darmstadt. Headquartered in Darmstadt, the company also maintains offices in Berlin, Austin, and San Francisco. It positions itself as a world-leading laser fusion company and aims to translate scientific fusion advances into industrial value creation. The company recently raised $240 million in a Series A—the largest fully secured Series A in the fusion industry—to accelerate system development. Focused Energy plans to deploy the capital at the former RWE power plant site in Biblis, Hesse, using the site’s infrastructure and RWE’s expertise to establish a blueprint for industrial laser fusion. Leadership has stated this financing will help the company expand its lead in laser fusion and commit to long-term industrial implementation in Europe.

Led · Seed · Jul 2023

Voltpost retrofits existing lampposts into a modular, upgradable Level 2 EV charging platform designed for rapid, low‑cost curbside and parking lot deployments. The system is powered by a mobile app and emphasizes minimal installation time, no trenching, and a small physical footprint. Voltpost positions its product to generate new municipal revenue streams, provide infrastructure data for city planning, and accelerate EV adoption—particularly in underserved urban areas. The company highlights the ability to install chargers in about an hour, enabling faster rollout compared with traditional curbside solutions. Voltpost has run demonstrations with drivers, OEMs, and government agencies, maintains a demo unit at Newlab at Michigan Central, and participated in Plug and Play Detroit Mobility and associated pitch events. Its recent grant awards from Michigan programs support deployments in the Detroit metro area and broader Michigan market expansion. Voltpost designs sleeve-mounted chargers that tap into existing lamppost electrical feeds and dispense a 20-foot retractable cable from about eight feet, with the plug docked below for easy access. Each charger delivers 7.6 kilowatts and a single post can support two chargers; current hardware fits metal posts only. The team built its own equipment after customer discovery with city agencies and utilities found bring-your-own-plug designs failed UL requirements and drivers preferred integrated cables. Voltpost plans to sell to cities, utilities and private hosts, bundling installation, maintenance and operations into an annual fee while leaving per-session pricing to the host. The company is in talks with municipal, utility and private partners across the U.S. and hopes to launch initial pilots with one partner in each sector. Voltpost recently closed seed financing and intends to raise a Series A to scale after early deployments.

Led · Equity · Apr 2023

Ryse Energy manufactures high-performance small wind turbine technologies and supplies additional renewable systems such as solar and energy storage that can operate standalone, grid-connected, off-grid, or hybridized. The company serves sectors including telecoms, oil & gas networks, marine, agriculture, and community rural electrification. It operates manufacturing facilities in the UK and Spain and maintains sales offices across the USA, Europe, the UAE and India. Ryse has sold or installed more than 4,000 units worldwide. Led by CEO & Founder Alistair Munro, the company recently raised $15M in growth funding to support its expansion. Ryse plans to use the funds to accelerate international growth, enter North America and Africa, expand its technology offerings, and diversify into energy-as-a-service.

Participated · Series B · Nov 2015

Bidgely provides AI-powered energy intelligence solutions to utilities worldwide, using its UtilityAI™ platform to analyze smart meter data and generate appliance-level insights without intrusive hardware. Its technology helps utilities with accurate grid planning, load forecasting, customer engagement, time-of-use optimization, load shifting, and managed EV charging. The company has been developing a comprehensive EV Management solution for investor-owned utilities, cooperatives, and municipalities. CIBC Innovation Banking has increased its growth financing commitment to Bidgely, providing $18 million to support expansion into the electric vehicle and grid modernization markets. Bidgely’s leadership said the financing will fuel continued innovation to meet evolving utility needs and global decarbonization goals. CIBC framed the investment as a sign of confidence and noted it will provide strategic advice, cash management and funding as part of its Innovation Banking services. Bidgely offers an AI-driven UtilityAI™ platform that disaggregates smart meter (AMI) data to identify behind-the-meter devices such as EVs, rooftop solar and batteries, delivering actionable customer energy insights. The company holds 17 patents, including EV disaggregation techniques, and partners with nearly 40 global utilities and energy retailers. Bidgely emphasizes solutions for electrification and decarbonization, including time-of-use rate enablement, load shifting strategies, and advanced distribution management data. It operates as a pure smart-meter-data SaaS provider and retains 30+ data scientists. Bidgely plans to use recent funding to advance digital customer engagement, home energy reports, grid load management and load research, and to continue integrations with partners like Salesforce and Itron. The company is based in Mountain View, Calif. Bidgely operates an AI platform that enhances meter and customer data to enable utilities and energy retailers to better understand and engage customers. The platform also creates personalized energy profiles for targeted marketing. The company works with more than 30 utilities and energy retailers across the world. Bidgely is operated by Bidgely Inc and is based in Bengaluru. CEO Abhay Gupta said the recent funding will be used to develop electrification, electric vehicle, and decarbonization solutions and to accelerate growth in other markets. Other investors in the company include Georgian Partners and Khosla Ventures. Bidgely is an AI-powered SaaS company whose UtilityAI platform transforms utility meter, demographic and interaction data into actionable consumer energy insights for utilities and energy retailers. The platform hyper-personalizes customer engagement across functions such as call centres, data analytics and integrated marketplaces and recommends value-added products and services (smart thermostats, EV chargers, solar PVs, ToU tariffs). In 2020 Bidgely expanded its portfolio to include electrification and electric vehicles as well as small‑medium business and commercial customer segments. The company works with over 25 utilities and energy retailers worldwide, retains 30+ data scientists, and holds more than 15 energy patents. Bidgely has raised $50M+ in funding to date. The recent financing is intended to scale go-to-market operations globally and accelerate ongoing development of the UtilityAI platform across Asia, Europe and North America. Bidgely builds AI-driven energy disaggregation and SaaS-based analytics with consumer-friendly web and mobile applications to deliver personalized, actionable insights to residential customers. The company works with utilities globally and reports 10 million homes under contract with 25 utilities, and it recently launched the third generation of its disaggregation platform. Bidgely started out at Silicon Valley’s Plug-and-Play incubator in 2011 and was founded by IIT alumni Abhay Gupta (CEO) and Vivek Garud (CTO); it has offices in Mountain View, Bangalore, and the Netherlands. The new funding will be used to expand the Bangalore engineering and data‑science team—targeting over 200 engineers in the next 12–18 months—and to deepen its disaggregation technology. Bidgely also plans to accelerate growth in Europe and Asia by expanding local sales and customer-success teams and to extend beyond consumer-facing engagement into business intelligence for broader utility decision making. Financially, the company has raised a total of $51 million to date, including the recently closed $27 million Series C.