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.
Iontra LLC, established in 2013 and based in Denver, Colorado, specializes in battery charging technology for lithium-ion batteries. The company develops charge control solutions that enhance the performance, safety, and longevity of these batteries, enabling original equipment manufacturers to deliver superior products without the need for redesigning battery cells. By focusing on longer cycle life and faster charging capabilities, Iontra addresses the increasing demand for electrification, positioning itself as a significant player in the battery technology sector. Its innovations contribute to a more sustainable energy future by improving battery safety and efficiency.
Antora Energy
Grant in 2024
Antora Energy specializes in providing zero-carbon industrial heat and power solutions for heavy industries, aiming to replace fossil fuels with cleaner alternatives. The company has developed innovative thermal batteries that utilize excess electricity generated from solar and wind sources. These batteries store thermal energy by heating blocks of carbon, which can then be used to produce reliable power and heat. By integrating renewable resources into the electricity grid, Antora enables industries to achieve sustainable and dependable energy solutions while significantly reducing carbon emissions.
Opcondys, Inc. specializes in developing optical switching devices aimed at enhancing power grid control and fault detection. The company's flagship product, the Opticondistor, serves various applications, including grid-tied energy storage, traction drives, and high-voltage power supplies. Additionally, Opcondys focuses on high-voltage direct current (HVDC) and flexible alternating current transmission systems (FACTS) to support grid modernization efforts. The company caters to the energy sector and manufacturers of high-voltage equipment, providing solutions that facilitate electric power transmission, distribution, renewable energy integration, and electric vehicle infrastructure. Founded in 2014 and headquartered in Manteca, California, Opcondys is positioned to contribute to advancements in power electronics and energy efficiency.
National Renewable Energy Laboratory
Grant in 2023
National Renewable Energy Laboratory is the only federal laboratory dedicated to the research, development, commercialization and deployment of renewable energy and energy efficiency technologies. Backed by 33 years of achievement, NREL leads the way in helping meet the growing demand for clean energy.
Equatic uses a seawater electrolysis process that enhances the ocean's capacity to absorb and store significant quantities of carbon dioxide. The company designs, develops, commissions, co-owns, and co-operates carbon removal facilities globally, which use seawater electrolysis to extract atmospheric CO2.
24M Technologies specializes in the development of energy storage systems for both grid and transportation applications. The company focuses on manufacturing lithium-ion batteries that enhance the operational reliability, economics, and efficiency of electric power systems. Its innovative approach features binder-free semisolid electrodes and unit cells, which not only improve battery performance but also eliminate the need for traditional hydro or pyrometallurgical processes in battery recycling. Additionally, 24M facilitates direct in-plant reuse of active materials at the end of a battery's life, contributing to more sustainable recycling practices and enabling clients to increase efficiency and reduce costs.
National Renewable Energy Laboratory
Grant in 2023
National Renewable Energy Laboratory is the only federal laboratory dedicated to the research, development, commercialization and deployment of renewable energy and energy efficiency technologies. Backed by 33 years of achievement, NREL leads the way in helping meet the growing demand for clean energy.
Quidnet Energy
Grant in 2022
Quidnet Energy is a technology-driven energy company that powers the carbon-free electric grid. Its technology is a form of hydroelectric energy storage using time-tested well-drilling and construction technologies to pump water under pressure into subsurface geological reservoirs to store energy. When variable renewable energy is not available, this water is released to drive hydroelectric turbines to power the electric grid. The company was founded in 2013 and is based in Houston with offices in San Francisco and Saratoga Springs, New York.
Curio develops nuclear waste recycling technologies to commercialize the case for a closed fuel cycle. Its technologies are used to produce proliferation hardened plutonium fueled reactors and molten salt reactors and develop unique isotopes for use in targeted therapy of cancer to help businesses avail clean energy, substantially lower environmental footprint, and advanced medicine. By addressing environmental, security, and market concerns, the company aims to establish clean nuclear power as a catalyst for global prosperity and sustainability.
Power to Hydrogen
Grant in 2022
Power to Hydrogen (P2H2) is simplifying hydrogen. Our technology enables a brighter energy future by solving the technical and economic challenges that come with producing hydrogen. Our AEM-based, electrolysis technology produces high pressure, high efficiency hydrogen from renewable energy with lower cost materials than competing electrolyzers. This technology can reduce the total cost of hydrogen to enable clean transportation, store energy efficiently, and decarbonize industrial processes. In addition to low-cost, high-pressure hydrogen production, the technology can produce high-pressure oxygen and be used reversibly to produce electricity. Both services can create additional revenue streams to make the total cost of hydrogen $1/kg.
OCOchem specializes in electrochemical technology that transforms carbon dioxide and water into formic acid, a green platform chemical and liquid hydrogen carrier. The company’s innovative process effectively converts large quantities of CO2 into a versatile chemical that can help transition the organic chemical industry away from fossil fuel reliance. By offering formic acid and its derivatives, OCOchem supports clients in decarbonizing their feedstocks and chemical supply chains. This approach addresses the pressing issue of excessive CO2 emissions from various sources, including factories and automobiles, thereby contributing to broader environmental sustainability efforts.
LanzaTech is turning our global carbon crisis into a feedstock opportunity with the potential to displace 30% of crude oil use today and reduce global CO2 emissions by 10%. By recycling carbon from industrial off-gases; syngas generated from any biomass resource (e.g. municipal solid waste (MSW), organic industrial waste, agricultural waste); and reformed biogas, LanzaTech can reduce emissions and make new products for a circular carbon economy. LanzaTech’s carbon recycling technology is like retrofitting a brewery onto an emission source like a steel mill or a landfill site, but instead of using sugars and yeast to make beer, pollution is converted by bacteria to fuels and chemicals! Imagine a day when your plane is powered by recycled GHG emissions, when your yoga pants started life as pollution from a steel mill. This future is possible using LanzaTech technology.
NoMIS Power Group
Grant in 2021
NoMIS Power Group specializes in the manufacturing of silicon carbide power semiconductor devices and packaging architectures. The company develops silicon carbide-based power modules that support the global energy transition by enabling the use of innovative semiconductor devices and power packaging materials. Their offerings aim to help businesses reduce energy costs while promoting electrified transportation and renewable energy infrastructure. In addition to their product line, NoMIS Power provides technical consulting, SiC design services, and research and development support tailored for the electronics sector.
AutoGrid is a company that specializes in energy data management and big data analytics to enhance the efficiency of energy delivery. Founded in 2011 at Stanford University, AutoGrid develops a suite of applications aimed at managing distributed energy resources (DERs) in real time. These applications allow utilities, electricity retailers, and energy service providers to optimize energy distribution by leveraging vast amounts of data from smart meters, sensors, and third-party sources. By employing advanced algorithms and data science techniques, AutoGrid enables clients to monitor, predict, and control energy assets across global networks, ultimately facilitating the delivery of clean, affordable, and reliable energy. The team comprises skilled software architects, engineers, data scientists, and energy experts dedicated to addressing critical challenges in the energy sector.
Emrgy is a technology company established in 2014 that specializes in designing and deploying modular and scalable hydroelectric solutions. The company focuses on developing innovative hydroelectric turbines capable of generating electricity from slow or shallow water flows, which allows power generation companies to efficiently harness energy from rivers and streams. Emrgy's offerings include advanced turbines, magnetic gearboxes, and compact hydroelectric power generators that significantly reduce energy costs. By redefining hydropower technology, Emrgy aims to enhance the reliability and cost-effectiveness of renewable energy, contributing to a shift towards distributed and intermittent energy sources.
Yard Stick specializes in measuring soil carbon to support climate-friendly agricultural practices. By addressing significant measurement challenges, the company has developed an innovative handheld device that evaluates carbon stocks and changes in real-time using VisNIR spectrometry. This technology allows for accurate detection of organic carbon levels, significantly reducing the cost of soil carbon measurement by over 90%. As a result, Yard Stick aims to enhance the adoption of evidence-based regenerative practices, which can improve soil health, increase farmers' income, and contribute to combating climate change. Through its advancements, Yard Stick seeks to create opportunities for both scientists and farmers to effectively manage soil carbon, thus facilitating a more sustainable agricultural future.
National Renewable Energy Laboratory
Grant in 2020
National Renewable Energy Laboratory is the only federal laboratory dedicated to the research, development, commercialization and deployment of renewable energy and energy efficiency technologies. Backed by 33 years of achievement, NREL leads the way in helping meet the growing demand for clean energy.
X-energy is a developer of advanced modular nuclear reactors and fuel technology for clean energy generation. The company manufactures fuel that seals uranium particles in a protective coating, making meltdown impossible. It develops safe and efficient reactors and proprietary fuel to deliver reliable, zero-carbon, affordable energy to people worldwide. The simplified, modular, and high-temperature gas reactor design expands applications and markets for the deployment of nuclear technology.
Moltex Energy
Grant in 2020
Moltex Energy is a leader in nuclear technology, focusing on the development of its Stable Salt Reactor - Wasteburner (SSR-W), which offers a carbon-free electricity generation solution. This innovative reactor design utilizes recycled nuclear waste as fuel, produced through Moltex's proprietary Waste To Stable Salt (WATSS) recycling process. The SSR-W provides reliable, large-scale power generation ranging from 300 to 500 MWe per reactor, while its inherent safety features make it suitable for a variety of community settings. Additionally, the integration of GridReserve technology allows energy from the SSR-W to be stored as heat and released to the grid during peak demand, enhancing the reliability of renewable energy sources like wind and solar. Moltex Energy has been selected by NB Power to advance its reactor technology in New Brunswick, Canada, aiming to deploy its first SSR-W, WATSS, and GridReserve units at the Point Lepreau site.
Otherlab is a technology company founded in 2009 by Saul Griffith and based in San Francisco, California. It operates as a research innovation lab focused on developing solutions in renewable energy and robotics. The company specializes in advanced manufacturing, digital fabrication, adaptive textiles, and robotic manufacturing tools. Otherlab nurtures projects through the initial research and development phase, facilitating the creation of innovative technologies and enabling enterprises to raise capital and transition into independent operations. Its expertise also includes computational geometry and design tools, contributing to advancements in automation and engineered textiles.
Moltex Energy
Grant in 2019
Moltex Energy is a leader in nuclear technology, focusing on the development of its Stable Salt Reactor - Wasteburner (SSR-W), which offers a carbon-free electricity generation solution. This innovative reactor design utilizes recycled nuclear waste as fuel, produced through Moltex's proprietary Waste To Stable Salt (WATSS) recycling process. The SSR-W provides reliable, large-scale power generation ranging from 300 to 500 MWe per reactor, while its inherent safety features make it suitable for a variety of community settings. Additionally, the integration of GridReserve technology allows energy from the SSR-W to be stored as heat and released to the grid during peak demand, enhancing the reliability of renewable energy sources like wind and solar. Moltex Energy has been selected by NB Power to advance its reactor technology in New Brunswick, Canada, aiming to deploy its first SSR-W, WATSS, and GridReserve units at the Point Lepreau site.
National Renewable Energy Laboratory
Grant in 2018
National Renewable Energy Laboratory is the only federal laboratory dedicated to the research, development, commercialization and deployment of renewable energy and energy efficiency technologies. Backed by 33 years of achievement, NREL leads the way in helping meet the growing demand for clean energy.
Aquanis' mission is to reduce the cost of wind energy by improving the aerodynamic performance of wind turbines. Our blade-mounted plasma actuators extend the turbine's service life and enable the design of larger, more efficient turbines, by countering unsteady aerodynamic forces.
Form Energy, Inc. specializes in the development of long-duration energy storage systems aimed at enhancing the reliability of renewable energy sources such as wind and solar. Founded in 2017 and based in Somerville, Massachusetts, the company focuses on creating low-cost battery systems, including its innovative iron-air battery technology, which allows for energy storage over extended periods. This capability enables the dispatch of renewable energy throughout the year, effectively replacing traditional fossil fuel-based generation and contributing to the decarbonization of the electric grid. Additionally, Form Energy offers Formware, a capacity expansion software tool designed to optimize energy management. The company's technological advancements are rooted in research from MIT and are supported by various investors committed to sustainable energy solutions.
Sunfolding
Pre Seed Round in 2017
Sunfolding, Inc., founded in 2012 and headquartered in San Francisco, California, specializes in the design, manufacture, and sale of solar mounts and trackers for photovoltaic systems. The company's flagship product, the Sunfolding T29 Horizontal Single Axis Tracker, incorporates innovative AirDrive technology, which replaces traditional tracker motors and gearboxes with durable, wear-free components. This advancement simplifies the design and installation process, enhances layout flexibility, and increases overall system reliability. Sunfolding aims to provide cost-effective solutions that improve performance for stakeholders in the solar sector. The company's executive team comprises industry veterans with extensive experience in developing and launching solar technologies, contributing to the growing adoption of solar energy solutions across the United States.
Skycool Systems
Grant in 2016
SkyCool Systems Inc., based in San Francisco, California, specializes in the development and manufacture of innovative cooling and refrigeration systems. Founded in 2016, the company utilizes radiative cooling technology, which involves specially designed optical films that are highly reflective to sunlight and effective at emitting thermal radiation into space. This technology allows their rooftop cooling panels to operate passively during the day, even in high temperatures. SkyCool's systems can serve as add-ons to existing air conditioning and refrigeration setups, and in some cases, can replace traditional air condensing units. By providing sustainable and energy-efficient solutions, SkyCool Systems aims to help customers reduce their energy costs and carbon footprints, contributing to a cleaner and more sustainable future.
Aspen Aerogels
Grant in 2016
Aspen Aerogels, Inc. specializes in the design, development, manufacturing, and sale of high-performance aerogel insulation products targeted primarily at the energy infrastructure and building materials markets. The company’s offerings include a range of products such as Pyrogel XTE, which mitigates corrosion under insulation in energy systems, and Cryogel Z, designed for cryogenic applications. These products are notably more effective than traditional insulation materials, providing superior thermal performance with reduced weight and thickness. Aspen Aerogels also extends its expertise through contract research services for various U.S. government agencies, including the Department of Defense and the Department of Energy. Founded in 2001 and headquartered in Northborough, Massachusetts, the company has established a global presence, focusing on innovation within its core markets.
Starfire Energy
Grant in 2015
Starfire Energy develops and deploys sustainable energy technologies. It has developed a way to make clean liquid fuel from wind and solar power. The fuel is NH3 which is currently used as fertilizer and as a refrigerant but is also an energy-dense liquid fuel. Liquid fuel synthesis from clean energy is the next critical technology for sustainable energy. The company was founded in 2007 and is headquartered in Aurora, Colorado.
Helion Energy
Grant in 2015
Helion Energy, Inc., founded in 2013 and based in Redmond, Washington, is dedicated to developing fusion power technology aimed at generating unlimited clean electricity. The company designs and manufactures fusion engines and related equipment, with a focus on commercializing fusion energy. Helion has successfully tested several prototypes, including Trenta, and is actively working on its Polaris project, which represents a significant step towards the realization of operational fusion power plants.
Semprius, Inc. is a company focused on the design, development, and manufacture of high concentration photovoltaic (HCPV) solar modules aimed at generating solar energy. Based in Durham, North Carolina, Semprius utilizes a unique micro-transfer printing technology that enables the production of high-performance and reliable CPV modules at a low cost, making solar power generation economically feasible in sunny and arid climates. The company’s products are targeted for utility, commercial, industrial, and government applications and are distributed through integrators and engineering, procurement, and construction (EPC) firms. In addition to its solar applications, Semprius is licensing its micro-transfer printing technology for non-solar uses, which can facilitate the development of innovative products such as flat-panel displays, flexible electronics, and large-area sensors. Founded in 2005, Semprius continues to advance its technology to enable scalable production and broad applications in the semiconductor industry.
Primus Power
Series C in 2014
Primus Power is a privately held, Northern California based producer of flow batteries: Big Batteries for the Smart Grid. These patented, liquid batteries provide flexible capacity from 25kW to 25MW, for stationary, grid scale applications. Primus' EnergyPod provides 5 hours of energy discharge and a long twenty year life span. These Zinc Bromine batteries are safe and low maintenance. The company has systems installed and working in the field both domestically and internationally and has a growing backlog. The second generation EnergyPod 2 announced production February 21, 2017 with a reduced footprint, low cost of goods, and high reliability components to deliver superior power density. The company has proven technology with installed systems that are working in the field. Investors include Nancy Pfund at DBL Investors, Vancouver based Chrysalix Energy VC, I2BF, Palo Alto based Kleiner Perkins, Anglo American, Rusnano, and Kazyna Capital Management.
Enzinc is a company focused on developing advanced rechargeable zinc-air batteries, utilizing innovative technology to enhance energy storage solutions. Their batteries, made from a zinc metal nano-sponge, provide energy levels comparable to lithium-ion batteries while being cost-effective, akin to lead-acid alternatives. Enzinc's products aim to deliver a cleaner and safer energy source for a variety of applications, capitalizing on zinc's high energy density and recyclability. This approach not only addresses energy performance but also promotes sustainability in the battery manufacturing industry.