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 …
Last week I was fortunate to be part of the Morgan Stanley Sustainable Finance conference. My conversation was a fireside chat with a leading executive at Morgan Stanley and the topic was “Climate Earthshots”. MS defines Earthshots as more realistic, near-term versions of pie-in-the-sky moonshots. The topics included:1- Potential scale of technologies that are available …
Last summer, Energize released our comprehensive “Electrifying Everything” investment thesis, including our proprietary deep dive research report, the culmination of our 10-part blog series and our list of the top 30 software innovators applying digital solutions to help accelerate widespread electrification. In brief, we believe electrifying everything – and powering those electrons with zero-carbon clean energy – is the optimal …
I was on a podcast this week with Chris Wedding and his Entrepreneurs for Impact. Here is his summary below, and the links to the podcast are here: On Spotify and on Apple Podcasts Here is the summary from Chris Want access to $1.2B for investing in climate software? What 4 megatrends are driving climate …