(Press release put out by Energize CAPITAL today, seen below. The message is simple…!) Energize Capital raises $300 million growth equity platform as market for climate software matures to new level of scale Firm surpasses $1.2 billion in assets under management; changes name to Energize Capital to reflect go- forward investment strategy July 27, 2023 …
At Energize we have been tracking the solar software market for years. For years we have known and spoken with the utility scale leader in this software market, PVcase, and today we are excited to announce our formal investment into the company. Energize is a major investor in PVcase’s $100M growth round and we are …
Two of the top media / research firm in the climate space are Canary Media and CleanTech VC. They collaborate to publish market and fundraising statistics on a semi-annual basis. Today they released their 1H 2023 results, and the figures are below. Here are some of the takeaways: These trends are consistent with what I …
The climate sector currently has several private companies attempting to raise enormous funding rounds. Most of these companies raised $100-500M as recently as 12 months ago and are back in market already for similar, or larger rounds. Why? At their core, these climate companies are capital goods business with heavy capex requirements… for example: businesses …
Last week Blackstone announced another capital infusion into Invenergy. I’ve written about Invenergy in the past for a few reasons: firstly, Invenergy is the largest privately held renewable energy developer and represents the best of the energy transition. The company now manages over $50 billion of assets and is taking on increasingly larger ambitions. Secondly, …
The energy transition is just beginning. I’ve covered here before how wind and (especially) solar have seen massive step-ups in deployment scale over the past decade. That scale was driven by: a) select technological innovations b) increased investment in capital goods factories to deliver the necessary materials c) improved utilization of software to lower soft …
Energize and Lux Capital co-led the Series A investment in ZEDEDA back in 2018. ZEDEDA is a technology infrastructure company that helps deliver cloud-level applications to the edge of the network. Why did we make the investment? The desktop worker is fortunate to have a computer with continuous WiFi and a computer powerful enough to …
A couple months back I was on the “Entrepreneurs for Impact” podcast with Chris Wedding. At the end of the call he asked who else he should speak with, and we mentioned Mike at DroneDeploy and Casper at Monta. Well, Mike and Casper agreed and their podcasts were similarly released over the last few weeks. …
Energize led the $24M Series B into Smartcar in January 2022. We had performed extensive research on how innovation in the mobility landscape could enable the electrification of mobility. Ultimately we wanted to identify and invest in a software company that served as many stakeholders in the mobility space as possible. We felt there would …
We have some investments in the climate software arena that are very tangible combinations of digital and climate: Aurora Solar designing rooftop solar, Patch as a marketplace for the carbon markets, etc. We also have a few investments at that “digital X climate” intersection where the climate connection is harder to grasp. These companies tend …