BP Ventures

BP Ventures is a venture capital firm established in 2007, investing in private technology companies to accelerate innovation across the energy sector. With over $400 million invested across more than 40 entities and over 200 co-investors, BP Ventures focuses on Oil & Gas Value Chain, Low Carbon Technologies & Fuels, and Energy Usage & Trading, delivering near-term business value while backing breakthrough innovations for a sustainable future.

Felipe Arbelaez

Senior Vice President Zero Carbon Energy

Bob Dudley

Group Chief Executive

Claire Farrant

VP Mobility and Convenience Europe

JO HAYWARD

VP for convenience in Europe and global convenience strategy and proposition lead at BP

Erin Hallock

Investment Director, Explore

Louise Kingham

SVP for Europe and UK Head of Country

Sophia Nadur

Managing Director, AsPac and Middle East

Brian Puffer

CFO and CRO for BP Integrated Supply and Trading

Doris Reiter

Senior Vice President

Dev Sanyal

Chief Executive, Alternative Energy and Executive Vice President, Regions

Martin Sellers

Low Carbon Digital Technology Principal

Meghan Sharp

Managing Director

Johnathan Stone

Venture Principal

Past deals in Renewables

Grid Edge

Venture Round in 2025
Grid Edge develops AI-driven energy management software for commercial and public buildings. Its cloud-based platform predicts and optimizes building energy loads by integrating with building energy management systems and smart meters. Using hybrid deep learning and data analytics, the solution forecasts energy demand and allocates resources to reduce energy costs and carbon emissions while turning on-site technologies into more efficient, revenue-ready assets. The company aims to help building owners and operators manage energy profiles proactively, enhancing grid participation through intelligent control of energy distribution.

Advanced Ionics

Venture Round in 2025
Advanced Ionics specializes in developing innovative electrolyzer technology for generating green hydrogen. The company's primary goal is to lower the costs associated with green hydrogen production by leveraging existing industrial infrastructure and minimizing electricity consumption. This approach supports global decarbonization efforts by offering tailored solutions for various industries.

Oxford Flow

Series C in 2024
Oxford Flow designs, manufactures, and supplies pressure control equipment, including gas and fluid pressure regulators, water PRVs, silencers, and pilots, serving water, gas, marine, oil and gas, process, power, building services, and specialty applications. The company develops small, light, and reliable conventional valves that simplify systems and ensure continual potable water supplies while meeting standards for water quality and leakage control. It combines academic and industry expertise to develop practical, rigorously tested solutions that perform under harsh conditions, aiming to reduce total cost of ownership and environmental impact while improving reliability and energy efficiency. Based in Oxford, United Kingdom.

Mantel

Series A in 2024
Mantel develops innovative carbon capture technology designed for use within boilers, kilns, and furnaces. Their method reduces energy losses and enables net-negative emissions, targeting gigaton-level carbon removal. This helps mitigate sustainability concerns across industries such as industrial heat, steel, and chemicals.

Lianyungang Jiaao Enproenergy

Secondary Market in 2024
Lianyungang Jiaao Enproenergy provides sustainable aviation fuel services.

Getec Energie

Acquisition in 2024
Getec Energie is a company that specializes in comprehensive energy management and procurement services for various sectors, including real estate, retail chains, the public sector, and energy consulting. It provides a diverse array of services aimed at promoting efficient and sustainable energy practices. These services include energy supply, sustainable energy production, access to energy markets, e-charging infrastructure, and mobility solutions. Additionally, Getec Energie focuses on the commercialization of green electricity and balancing group management, assisting clients in effectively managing their energy resources while supporting sustainability initiatives.

Lightsource BP Renewable Energy Investments

Acquisition in 2023
Lightsource BP is a global leader in the development, acquisition, and management of large-scale solar energy projects. Specializing in utility-scale solar project development, the company excels in its in-house planning and operational capabilities, allowing it to act as both the owner and manager of its projects. By collaborating with utilities, businesses, local communities, and governments, Lightsource BP addresses the increasing demand for affordable and sustainable energy. The company is committed to delivering competitively-priced, reliable clean energy solutions and aims to deploy at least 8GW of solar capacity worldwide in the coming years. Its focus on solar and smart energy solutions positions Lightsource BP as a significant contributor to the future of global energy delivery.

C-Capture Limited

Venture Round in 2023
C-Capture Limited designs and develops solvent systems that capture carbon dioxide from flue gases and other emission sources. The company’s proprietary technology enables reversible, non‑toxic removal of CO2 in post‑combustion capture processes, making power generation and hard‑to‑abate industries more environmentally friendly and cost‑effective. Founded in 2008, the firm is headquartered in Leeds, United Kingdom.

Advanced Ionics

Series A in 2023
Advanced Ionics specializes in developing innovative electrolyzer technology for generating green hydrogen. The company's primary goal is to lower the costs associated with green hydrogen production by leveraging existing industrial infrastructure and minimizing electricity consumption. This approach supports global decarbonization efforts by offering tailored solutions for various industries.

WasteFuel

Series B in 2023
WasteFuel is a company focused on generating sustainable fuels to combat the climate emergency and transform mobility. It employs scalable technologies to convert municipal and agricultural waste into low-carbon fuels, specifically green methanol. WasteFuel has developed innovative pathways that enhance production yields and further minimize emissions, providing industries with compliant, sustainable fuel solutions.

Service4Charger

Series A in 2023
Service4Charger is a provider of comprehensive e-mobility solutions, specializing in the planning, installation, operation, and maintenance of electric vehicle charging infrastructure. The company caters to various sectors, including private, semi-public, and public spaces, by offering intelligent and scalable charging concepts. Service4Charger integrates craftsmanship with digitalization, utilizing standardized processes and a workforce of specifically trained blue-collar workers and EV specialists. Its platform facilitates central management of the charging stations, ensuring efficient operation, maintenance, testing, and cleaning. By enabling businesses, housing complexes, and hotels to access sustainable electric vehicle charging points, Service4Charger supports the transition to greener transportation solutions.

Eavor Technologies

Series B in 2023
Eavor Technologies develops geothermal technology for clean, baseload power generation. Its proprietary Eavor-Loop™ system harvests heat from deep earth using wells to produce brine from a subsurface aquifer, enabling scalable heating applications with minimal environmental impact.

ETZ

Grant in 2023
ETZ is a pioneer in the field of net zero energy transition and a net exporter of goods, services, technology, and expertise.

Eavor Technologies

Venture Round in 2023
Eavor Technologies develops geothermal technology for clean, baseload power generation. Its proprietary Eavor-Loop™ system harvests heat from deep earth using wells to produce brine from a subsurface aquifer, enabling scalable heating applications with minimal environmental impact.

5B Australia

Series B in 2022
5B Australia Pty Ltd, founded in 2013 by solar engineers Chris McGrath and Eden Tehan, specializes in the engineering, procurement, and construction of large-scale solar farms. Based in Alexandria, Australia, the company has developed an innovative prefabricated solar array technology known as MAVERICK, which allows for rapid deployment and installation by small teams. This accordion-style design revolutionizes traditional solar farm construction by enabling a shift from unpredictable field environments to controlled factory settings, enhancing efficiency and quality control while reducing risks. 5B's commitment to innovation has led it to shape the future of clean energy and make it more accessible and competitive globally. The company has worked on over 140 projects worldwide, focusing on transforming the solar supply chain and supporting a global transition to sustainable power solutions. The name "5B" reflects the vast energy potential of the planet, emphasizing the need to harness solar power efficiently. As it continues to expand its partnerships and project deployments, 5B aims to provide the fastest, safest, and most cost-effective solar array solutions for its customers.

Archaea Energy

Acquisition in 2022
Archaea Energy is a developer of renewable natural gas (RNG) in the United States. Founded in 2018 in Canonsburg, Pennsylvania, the company focuses on capturing waste emissions and converting them into low-carbon fuel. It builds, operates, and maintains RNG facilities to supply fuel for industries difficult to electrify. Archaea Energy aims to redefine the RNG industry through a disciplined, sustainable project-development approach and by selling RNG under long-term, fixed-price contracts to creditworthy partners. The business emphasizes cost-efficient manufacturing and scalable deployment of RNG projects to support decarbonization efforts.

FreeWire

Series D in 2022
FreeWire Technologies, Inc. is a manufacturer of mobile electric vehicle (EV) chargers, focused on providing innovative charging solutions that enhance the accessibility of EV charging infrastructure. Established in 2014 and based in San Leandro, California, the company produces several models, including the Mobi Charger v0, v1, and v2, which cater to varying charging needs and capabilities. FreeWire’s flagship product, the Boost Charger, integrates battery technology with power conversion systems, allowing for high-power charging without the need for extensive grid upgrades. This technology enables ultrafast charging at locations that typically lack sufficient electrical infrastructure. FreeWire has successfully deployed its battery-integrated chargers across the United States, serving Fortune 100 companies, commercial clients, fleets, and retail spaces, and has partnered with major organizations to expand its reach. Additionally, the company's systems provide clean and quiet power solutions, effectively replacing or supplementing diesel generators for various remote power applications, thereby supporting the transition away from fossil fuels.

Green Biofuels

Corporate Round in 2022
Green Biofuels is a company focused on providing renewable diesel fuels designed for off-road diesel engines, ensuring compliance with UK Stage IIIA and IIB emission standards. By offering a range of biofuels, the company enables users to operate their NRMM engines safely and effectively, even in extreme temperatures as low as -25 degrees Celsius. This capability distinguishes Green Biofuels' products from most conventional biodiesels, facilitating a smoother transition towards a more sustainable and renewably fueled environment.

BTR Energy

Series A in 2021
Founded in 2015, BTR Energy is a technology company based in Gaithersburg, Maryland. It offers a data-driven platform that enables businesses in agriculture, electric transportation, and power industries to participate in low-carbon transportation programs, helping them reduce emissions and benefit from tradable energy credits.

Amply Power

Acquisition in 2021
Amply Power, Inc. specializes in charging-as-a-service solutions for electric vehicle fleets, facilitating the transition from traditional to electric vehicles for municipal and commercial operations. Founded in 2018 and based in Mountain View, California, the company offers a fully managed charging system that automates all aspects of EV charging, providing a per-electric-mile-driven service to fleet customers. Amply Power also features AMPLIFY, a centralized charge management software that enhances fleet operations by ensuring vehicles are always road-ready while integrating EV chargers, fleets, grid, and vehicle telematics. This approach supports fleet managers in achieving their zero-emission goals as they scale from pilot projects to full production.

Grid Edge

Venture Round in 2021
Grid Edge develops AI-driven energy management software for commercial and public buildings. Its cloud-based platform predicts and optimizes building energy loads by integrating with building energy management systems and smart meters. Using hybrid deep learning and data analytics, the solution forecasts energy demand and allocates resources to reduce energy costs and carbon emissions while turning on-site technologies into more efficient, revenue-ready assets. The company aims to help building owners and operators manage energy profiles proactively, enhancing grid participation through intelligent control of energy distribution.

Blueprint Power

Acquisition in 2021
Blueprint Power is a New York-based technology company that develops machine-learning tools to automate the management, aggregation, orchestration, and market transactions of energy assets across commercial buildings. The platform enables buildings to function as distributed power plants by optimizing energy use and monetizing capacity through participation in wholesale energy markets. By applying data analytics, it helps regional groups of real estate owners monetize existing energy assets and generate additional revenue streams, improving the financial sustainability of their portfolios as the energy system evolves toward greater use of distributed resources. Founded in 2017, the company supports the monetization and efficient operation of building-scale energy assets.

Open Energi

Acquisition in 2021
Open Energi provides a real-time electricity consumption management platform for businesses across various sectors in the UK. It optimizes energy usage to reduce costs and generate revenue through its Dynamic Demand 2.0 platform, which uses AI to coordinate distributed energy resources safely and trade flexibility across markets.

Lightning eMotors

Post in 2021
Lightning eMotors, headquartered in Loveland, Colorado, specializes in the design and manufacture of zero-emission commercial vehicles and electric powertrains. Established in 2008, the company focuses on electrifying medium- and heavy-duty fleets, offering a range of products that includes delivery trucks, shuttle buses, passenger vans, and city transit buses. Lightning eMotors integrates all-electric powertrains into various vehicle platforms, including models from Ford and Chevrolet. The company also provides charging infrastructure solutions to help fleets, large enterprises, original equipment manufacturers, and government entities reduce greenhouse gas emissions, lower operating costs, and enhance energy efficiency. Through its innovative offerings, Lightning eMotors is positioned as a leader in fleet electrification.

Solidia Technologies

Venture Round in 2021
Solidia Technologies is an advanced materials company that develops low‑energy processes for building and construction products. Its proprietary technology captures and stores CO₂ in concrete, turning the gas into a useful component of the material. The company’s solutions enable the production of cement, concrete, and stone alternatives that deliver higher performance while reducing energy use and waste. By integrating artificial intelligence into the manufacturing workflow, Solidia improves quality control, cuts material waste, and lowers carbon emissions, supporting a more sustainable construction industry. Founded in 2008 and headquartered in Piscataway, New Jersey, the firm serves the concrete and cement sectors worldwide.

C-Capture Limited

Venture Round in 2021
C-Capture Limited designs and develops solvent systems that capture carbon dioxide from flue gases and other emission sources. The company’s proprietary technology enables reversible, non‑toxic removal of CO2 in post‑combustion capture processes, making power generation and hard‑to‑abate industries more environmentally friendly and cost‑effective. Founded in 2008, the firm is headquartered in Leeds, United Kingdom.

Eavor Technologies

Venture Round in 2021
Eavor Technologies develops geothermal technology for clean, baseload power generation. Its proprietary Eavor-Loop™ system harvests heat from deep earth using wells to produce brine from a subsurface aquifer, enabling scalable heating applications with minimal environmental impact.

FreeWire

Series C in 2021
FreeWire Technologies, Inc. is a manufacturer of mobile electric vehicle (EV) chargers, focused on providing innovative charging solutions that enhance the accessibility of EV charging infrastructure. Established in 2014 and based in San Leandro, California, the company produces several models, including the Mobi Charger v0, v1, and v2, which cater to varying charging needs and capabilities. FreeWire’s flagship product, the Boost Charger, integrates battery technology with power conversion systems, allowing for high-power charging without the need for extensive grid upgrades. This technology enables ultrafast charging at locations that typically lack sufficient electrical infrastructure. FreeWire has successfully deployed its battery-integrated chargers across the United States, serving Fortune 100 companies, commercial clients, fleets, and retail spaces, and has partnered with major organizations to expand its reach. Additionally, the company's systems provide clean and quiet power solutions, effectively replacing or supplementing diesel generators for various remote power applications, thereby supporting the transition away from fossil fuels.

Finite Carbon

Acquisition in 2020
Founded in 2009, Finite Carbon specializes in forest carbon development and commercialization. It assists landowners, agencies, trusts, and consultants in measuring, registering, monitoring, and monetizing their carbon credits. The company manages all project issuance risks and expenses, offering services such as carbon inventory implementation, modeling, protocol selection, design, verification management, marketing, and sales.

Blue Ocean Seismic Services

Series A in 2020
Blue Ocean Seismic Services Ltd. is a UK-based company specializing in innovative ocean bottom seismic data acquisition through the development of autonomous submarines and self-repositioning nodes. Founded in 2018 and headquartered in Southampton, the company focuses on providing low-cost, efficient solutions that minimize carbon emissions and enhance safety in marine seismic operations. By utilizing swarms of long-endurance autonomous nodes, Blue Ocean Seismic Services collects high-quality seismic data while significantly reducing survey duration and costs. Its technology aims to transform the marine seismic acquisition industry, enabling clients to lower expenses, mitigate risks, and decrease the environmental impact associated with offshore exploration for oil, gas, and carbon storage.

FreeWire

Series B in 2020
FreeWire Technologies, Inc. is a manufacturer of mobile electric vehicle (EV) chargers, focused on providing innovative charging solutions that enhance the accessibility of EV charging infrastructure. Established in 2014 and based in San Leandro, California, the company produces several models, including the Mobi Charger v0, v1, and v2, which cater to varying charging needs and capabilities. FreeWire’s flagship product, the Boost Charger, integrates battery technology with power conversion systems, allowing for high-power charging without the need for extensive grid upgrades. This technology enables ultrafast charging at locations that typically lack sufficient electrical infrastructure. FreeWire has successfully deployed its battery-integrated chargers across the United States, serving Fortune 100 companies, commercial clients, fleets, and retail spaces, and has partnered with major organizations to expand its reach. Additionally, the company's systems provide clean and quiet power solutions, effectively replacing or supplementing diesel generators for various remote power applications, thereby supporting the transition away from fossil fuels.

Lightning eMotors

Series C in 2020
Lightning eMotors, headquartered in Loveland, Colorado, specializes in the design and manufacture of zero-emission commercial vehicles and electric powertrains. Established in 2008, the company focuses on electrifying medium- and heavy-duty fleets, offering a range of products that includes delivery trucks, shuttle buses, passenger vans, and city transit buses. Lightning eMotors integrates all-electric powertrains into various vehicle platforms, including models from Ford and Chevrolet. The company also provides charging infrastructure solutions to help fleets, large enterprises, original equipment manufacturers, and government entities reduce greenhouse gas emissions, lower operating costs, and enhance energy efficiency. Through its innovative offerings, Lightning eMotors is positioned as a leader in fleet electrification.

Lightning eMotors

Venture Round in 2019
Lightning eMotors, headquartered in Loveland, Colorado, specializes in the design and manufacture of zero-emission commercial vehicles and electric powertrains. Established in 2008, the company focuses on electrifying medium- and heavy-duty fleets, offering a range of products that includes delivery trucks, shuttle buses, passenger vans, and city transit buses. Lightning eMotors integrates all-electric powertrains into various vehicle platforms, including models from Ford and Chevrolet. The company also provides charging infrastructure solutions to help fleets, large enterprises, original equipment manufacturers, and government entities reduce greenhouse gas emissions, lower operating costs, and enhance energy efficiency. Through its innovative offerings, Lightning eMotors is positioned as a leader in fleet electrification.

Finite Carbon

Venture Round in 2019
Founded in 2009, Finite Carbon specializes in forest carbon development and commercialization. It assists landowners, agencies, trusts, and consultants in measuring, registering, monitoring, and monetizing their carbon credits. The company manages all project issuance risks and expenses, offering services such as carbon inventory implementation, modeling, protocol selection, design, verification management, marketing, and sales.

Grid Edge

Series A in 2019
Grid Edge develops AI-driven energy management software for commercial and public buildings. Its cloud-based platform predicts and optimizes building energy loads by integrating with building energy management systems and smart meters. Using hybrid deep learning and data analytics, the solution forecasts energy demand and allocates resources to reduce energy costs and carbon emissions while turning on-site technologies into more efficient, revenue-ready assets. The company aims to help building owners and operators manage energy profiles proactively, enhancing grid participation through intelligent control of energy distribution.

C-Capture Limited

Venture Round in 2019
C-Capture Limited designs and develops solvent systems that capture carbon dioxide from flue gases and other emission sources. The company’s proprietary technology enables reversible, non‑toxic removal of CO2 in post‑combustion capture processes, making power generation and hard‑to‑abate industries more environmentally friendly and cost‑effective. Founded in 2008, the firm is headquartered in Leeds, United Kingdom.

enjoyelec Tech

Series A in 2019
Enjoyelec Tech, formerly known as PowerShare, is a pioneering energy digital enterprise based in Suzhou, China, specializing in innovative solutions for the clean energy market. Founded in 2015, the company manufactures hardware for electric vehicle (EV) charging, including automatic charging robots and charging control units, while also providing a network of charging stations. Enjoyelec Tech develops a cloud-based platform that facilitates connections among EV drivers, charge point operators, and power suppliers, enabling users to locate charging points, manage payments, and optimize power demand. Utilizing over 100 proprietary AI algorithms, the company offers a range of products and services such as Virtual Power Plants, Home Energy Management Systems, and Battery AI Platforms. Their solutions are designed to meet the needs of automobile manufacturers, charging operators, and various stakeholders in the clean energy ecosystem, supporting the transition to a sustainable energy future through advanced technology and digital innovation.

FreeWire

Series A in 2018
FreeWire Technologies, Inc. is a manufacturer of mobile electric vehicle (EV) chargers, focused on providing innovative charging solutions that enhance the accessibility of EV charging infrastructure. Established in 2014 and based in San Leandro, California, the company produces several models, including the Mobi Charger v0, v1, and v2, which cater to varying charging needs and capabilities. FreeWire’s flagship product, the Boost Charger, integrates battery technology with power conversion systems, allowing for high-power charging without the need for extensive grid upgrades. This technology enables ultrafast charging at locations that typically lack sufficient electrical infrastructure. FreeWire has successfully deployed its battery-integrated chargers across the United States, serving Fortune 100 companies, commercial clients, fleets, and retail spaces, and has partnered with major organizations to expand its reach. Additionally, the company's systems provide clean and quiet power solutions, effectively replacing or supplementing diesel generators for various remote power applications, thereby supporting the transition away from fossil fuels.

simuwatt

Non Equity Assistance in 2018
Simuwatt, Inc. is a company focused on enhancing energy efficiency in commercial buildings through its innovative application and platform. Founded in 2016 and based in Boulder, Colorado, the company offers a cloud-based software application known as Energy Auditor. This application enables commercial building energy assessments by identifying, collecting, analyzing, and acting on energy efficiency opportunities throughout the building lifecycle. The Energy Auditor application is accessible via web browsers, iPads, and Windows 10, allowing users to generate and organize data effectively. This data is essential for driving energy-based capital improvements and facilitates comprehensive reporting and portfolio-wide tracking. Simuwatt aims to empower building owners and managers to optimize energy usage and improve sustainability.

FreeWire

Series A in 2018
FreeWire Technologies, Inc. is a manufacturer of mobile electric vehicle (EV) chargers, focused on providing innovative charging solutions that enhance the accessibility of EV charging infrastructure. Established in 2014 and based in San Leandro, California, the company produces several models, including the Mobi Charger v0, v1, and v2, which cater to varying charging needs and capabilities. FreeWire’s flagship product, the Boost Charger, integrates battery technology with power conversion systems, allowing for high-power charging without the need for extensive grid upgrades. This technology enables ultrafast charging at locations that typically lack sufficient electrical infrastructure. FreeWire has successfully deployed its battery-integrated chargers across the United States, serving Fortune 100 companies, commercial clients, fleets, and retail spaces, and has partnered with major organizations to expand its reach. Additionally, the company's systems provide clean and quiet power solutions, effectively replacing or supplementing diesel generators for various remote power applications, thereby supporting the transition away from fossil fuels.

Lightsource BP Renewable Energy Investments

Corporate Round in 2017
Lightsource BP is a global leader in the development, acquisition, and management of large-scale solar energy projects. Specializing in utility-scale solar project development, the company excels in its in-house planning and operational capabilities, allowing it to act as both the owner and manager of its projects. By collaborating with utilities, businesses, local communities, and governments, Lightsource BP addresses the increasing demand for affordable and sustainable energy. The company is committed to delivering competitively-priced, reliable clean energy solutions and aims to deploy at least 8GW of solar capacity worldwide in the coming years. Its focus on solar and smart energy solutions positions Lightsource BP as a significant contributor to the future of global energy delivery.

Fulcrum Bioenergy

Venture Round in 2016
Fulcrum Bioenergy converts municipal solid waste into low-carbon transportation fuels such as jet fuel and diesel. Founded in 2007, the company uses a proprietary thermochemical process to convert sorted waste into ethanol.

Liquid Light

Series B in 2014
Liquid Light Corporation is a Monmouth Junction, New Jersey-based company that specializes in developing and licensing innovative technology for converting carbon dioxide (CO2) into valuable chemicals and fuels. Founded in 2008, the company utilizes a low-energy catalytic electrochemistry process to efficiently transform CO2 into multi-carbon chemicals, such as ethylene glycol. This patent-pending electrocatalytic platform allows for the use of low-cost inputs and promotes long-term pricing stability, enabling industries to turn an environmental waste into a profitable resource. By harnessing its technology, Liquid Light aims to help customers lower production costs, reduce reliance on volatile petroleum feedstocks, and minimize their carbon footprint, thereby contributing to more sustainable industrial practices.

Verdezyne

Venture Round in 2014
Verdezyne is a private company specializing in synthetic biology, focusing on the production of chemicals from renewable sources. The company leverages its expertise in biological science and proprietary computational algorithms to design and synthesize diverse gene libraries for engineering proteins, metabolic pathways, and microorganisms. Through this innovative approach, Verdezyne aims to optimize commercial fermentation processes, allowing for the creation of sustainable alternatives to petrochemicals. Its platform combines advanced biological techniques with proven manufacturing technologies, enabling the production of a wide range of chemical building blocks and additives used in everyday products. By reducing dependence on oil, Verdezyne provides cost-effective and environmentally friendly solutions in the chemical industry.

Skyonic Corporation

Series C in 2013
Founded in 2005, Skyonic Corporation specializes in environmental technology. It develops and deploys the patented SkyMine technology, which captures and converts CO2 emissions from industrial facilities like cement plants and refineries into solid carbonate materials such as baking soda and hydrochloric acid.

MIT Energy Initiative

Venture Round in 2012
The MIT Energy Initiative (MITEI) is a research and education organization dedicated to addressing global energy challenges through multidisciplinary approaches. Established based on recommendations from the 2006 Report of the Energy Research Council, MITEI focuses on fostering collaboration across academic disciplines and with industry partners. The initiative aims to develop clean energy technologies and solutions, including carbon capture, utilization, storage, electric power systems, energy bioscience, energy storage, materials for energy and extreme environments, advanced nuclear energy systems, nuclear fusion, and solar energy. Additionally, MITEI works on enhancing the energy efficiency of MIT's campus through student-led projects and engages in policy outreach to provide technically grounded analysis.

BrightSource

Series F in 2012
BrightSource Energy, Inc. is a solar thermal technology company that specializes in designing, developing, and selling systems for utility-scale electric power plants both in the United States and internationally. The company utilizes fields of tracking mirrors, known as heliostats, which are controlled by proprietary software to concentrate sunlight onto a solar receiver/boiler unit, producing high-temperature steam. This steam can be harnessed for electricity generation via conventional steam turbines or for industrial applications, such as thermal enhanced oil recovery. In addition to its core technology, BrightSource provides comprehensive project development services that include site acquisition, permitting, and interconnection to the electrical grid. The company targets utility-scale solar thermal power project owners, contractors, and oil production companies, fostering strategic partnerships with notable firms in the industry. Founded in 2004 and headquartered in Oakland, California, BrightSource aims to offer low-cost, reliable clean energy solutions that help reduce dependency on fossil fuels.

UpWind Solutions

Private Equity Round in 2012
UpWind Solutions, Inc. is a leading independent service provider for wind farm operations and maintenance in North America, established in 2007 and headquartered in San Diego, California. The company specializes in a comprehensive range of services including maintenance operations, condition-based monitoring, and engineering support. It offers essential components such as consumables and mechanical parts, along with technical support services like inspections and asset management. UpWind Solutions also provides construction-related services, including project performance oversight and quality assurance. By delivering advanced engineering solutions and a commitment to high standards of service, UpWind Solutions has positioned itself as a collaborative and transparent partner for wind farm owners, enabling them to optimize the performance and reliability of their assets.

Solidia Technologies

Series A in 2012
Solidia Technologies is an advanced materials company that develops low‑energy processes for building and construction products. Its proprietary technology captures and stores CO₂ in concrete, turning the gas into a useful component of the material. The company’s solutions enable the production of cement, concrete, and stone alternatives that deliver higher performance while reducing energy use and waste. By integrating artificial intelligence into the manufacturing workflow, Solidia improves quality control, cuts material waste, and lowers carbon emissions, supporting a more sustainable construction industry. Founded in 2008 and headquartered in Piscataway, New Jersey, the firm serves the concrete and cement sectors worldwide.

Liquid Light

Series A in 2011
Liquid Light Corporation is a Monmouth Junction, New Jersey-based company that specializes in developing and licensing innovative technology for converting carbon dioxide (CO2) into valuable chemicals and fuels. Founded in 2008, the company utilizes a low-energy catalytic electrochemistry process to efficiently transform CO2 into multi-carbon chemicals, such as ethylene glycol. This patent-pending electrocatalytic platform allows for the use of low-cost inputs and promotes long-term pricing stability, enabling industries to turn an environmental waste into a profitable resource. By harnessing its technology, Liquid Light aims to help customers lower production costs, reduce reliance on volatile petroleum feedstocks, and minimize their carbon footprint, thereby contributing to more sustainable industrial practices.

GMZ Energy

Series C in 2011
GMZ Energy specializes in developing thermoelectric energy conversion technologies. Founded on scientific discoveries from MIT and Boston College, the company aims to provide efficient and environmentally friendly solutions for cooling and power applications, focusing on air-conditioning, heat pumping, waste heat recovery, and solar thermal energy conversion.

Verdezyne

Venture Round in 2011
Verdezyne is a private company specializing in synthetic biology, focusing on the production of chemicals from renewable sources. The company leverages its expertise in biological science and proprietary computational algorithms to design and synthesize diverse gene libraries for engineering proteins, metabolic pathways, and microorganisms. Through this innovative approach, Verdezyne aims to optimize commercial fermentation processes, allowing for the creation of sustainable alternatives to petrochemicals. Its platform combines advanced biological techniques with proven manufacturing technologies, enabling the production of a wide range of chemical building blocks and additives used in everyday products. By reducing dependence on oil, Verdezyne provides cost-effective and environmentally friendly solutions in the chemical industry.

Abound Solar

Private Equity Round in 2010
Abound Solar produces next-generation, thin film photovoltaic modules intended to deliver the lowest levelized cost of electricity.

REAC Fuel

Series B in 2010
REAC Fuel is a cleantech company based in Lund, Sweden, specializing in innovative biofuel production technologies. The company has developed a thermo-chemical technology platform that efficiently converts lignocellulosic biomass and cellulose-containing waste streams into sugars, chemicals, and liquid fuels. This process enables the sustainable generation of biofuels, positioning REAC Fuel as a key player in the transition towards renewable energy sources and reducing reliance on fossil fuels. Through its advanced extraction methods, the company aims to contribute to a greener future by providing alternative feedstocks for various chemical and liquid fuel applications.

Verenium -Biofuels business

Acquisition in 2010
Verenium -Biofuels business operates as a biofuel company.

Breathing Buildings

Series A in 2009
Breathing Buildings Ltd. is a company based in Cambridge, United Kingdom, specializing in the development and commercialization of low energy e-stack mixing ventilation systems. Founded in 2006 and formerly known as E-Stack Ltd., the company focuses on providing innovative natural ventilation solutions for various buildings, including schools, theatres, halls, and supermarkets. Their product offerings include a range of ventilation systems, such as natural ventilation with heat recycling, stack-based ventilation, façade-based ventilation, and passive stacks, complemented by ancillary components and design consultancy services. Breathing Buildings is actively involved in research on natural ventilation in collaboration with the University of Cambridge and has successfully implemented e-stack systems in over 20 UK schools, with a growing pipeline of projects. The company also provides comprehensive support services, including installation, commissioning, after-sales support, and ongoing monitoring, aimed at optimizing energy efficiency and enhancing indoor air quality in educational, retail, commercial, and health sectors.

Butamax Advanced Biofuels

Acquisition in 2009
Butamax Advanced Biofuels, LLC is a company focused on developing biobutanol as a renewable fuel alternative. It specializes in the production of various biofuels, including ethanol and biomass fuels, and is involved in the manufacturing of isobutane and butane. By leveraging advanced technologies, Butamax aims to provide sustainable fuel solutions that can contribute to reducing reliance on fossil fuels and addressing environmental concerns associated with traditional energy sources. The company is committed to innovation in the biofuels sector, positioning itself as a key player in the transition to cleaner energy options.

Net Power Technology

Series A in 2008
Net Power Technology is dedicated to promoting green energy and advancing energy conservation and environmental protection initiatives. The company collaborates with leading professionals from both domestic and international backgrounds and partners with prestigious academic institutions, including the Chinese Academy of Sciences and Tsinghua University. Net Power Technology holds several patents related to flow battery energy storage systems, showcasing its commitment to innovation in the energy sector. Through these efforts, the company aims to contribute significantly to sustainable energy solutions.

Verenium

Venture Round in 2008
Verenium is a company focused on developing and applying enzymatic solutions for industrial processes, including biofuel production. It combines capabilities in enzyme discovery, pre-treatment, fermentation, engineering, and project development to commercialize proprietary technology for producing cellulosic ethanol from diverse feedstocks such as sugarcane bagasse, energy crops, agricultural waste, and wood products. Beyond biofuels, the company envisions large-scale opportunities for products derived from low-cost biomass-derived sugars. Verenium also pursues enzyme development for multiple sectors, including food and fuel, utilizing microbial DNA directly from samples to identify candidate enzymes without culturing. This approach aims to accelerate identification of enzymes tailored to industrial needs and markets.

BrightSource

Series C in 2008
BrightSource Energy, Inc. is a solar thermal technology company that specializes in designing, developing, and selling systems for utility-scale electric power plants both in the United States and internationally. The company utilizes fields of tracking mirrors, known as heliostats, which are controlled by proprietary software to concentrate sunlight onto a solar receiver/boiler unit, producing high-temperature steam. This steam can be harnessed for electricity generation via conventional steam turbines or for industrial applications, such as thermal enhanced oil recovery. In addition to its core technology, BrightSource provides comprehensive project development services that include site acquisition, permitting, and interconnection to the electrical grid. The company targets utility-scale solar thermal power project owners, contractors, and oil production companies, fostering strategic partnerships with notable firms in the industry. Founded in 2004 and headquartered in Oakland, California, BrightSource aims to offer low-cost, reliable clean energy solutions that help reduce dependency on fossil fuels.

Viridos

Corporate Round in 2007
Viridos is a company that develops and commercializes genomic-driven solutions aimed at tackling global energy and environmental issues. It specializes in synthesizing and programming DNA to create and utilize technologies in synthetic genomics. The company designs and develops microbes for various industrial processes and environmental applications, including microbial cultivation technologies that identify novel microorganisms and new genes. Additionally, Viridos focuses on enhancing biofuel production, utilizing photosynthetic organisms to generate value-added products from sunlight and carbon dioxide, and improving the recovery rates of subsurface hydrocarbons. Its innovations also extend to the development of high-yield, disease-resistant feedstocks. Through these efforts, Viridos contributes to the production of energy, chemicals, and pharmaceuticals, while also promoting carbon sequestration and environmental remediation.

Green Mountain Energy

Private Equity Round in 2000
Green Mountain Energy Company, founded in 1997 and headquartered in Austin, Texas, specializes in the generation and distribution of alternative energy. The company offers electricity products sourced from clean, renewable resources such as wind and solar, catering to residential and commercial clients seeking sustainable energy solutions. In addition to energy supply, Green Mountain Energy provides solar panel systems and carbon offset products, enabling customers to reduce their carbon emissions and work towards achieving a zero-carbon footprint. Through its services, the company promotes sustainability efforts and environmental benefits for homes and small businesses alike.

Solumar

Pre Seed Round in 1925
Solumar is a company focused on developing advanced air and gas filtering technologies aimed at significantly reducing emissions in heavy industries. By employing innovative methods that utilize seawater and principles derived from aviation, Solumar's solutions effectively capture black carbon and greenhouse gas emissions. The company targets various sectors, including city councils, industrial operations, maritime activities, and oil and gas companies, assisting them in complying with environmental regulations and the goals set forth in the Agenda 2050 for emission reductions. Solumar's approach not only promotes sustainability but also offers clients a cost-effective means of achieving their emissions reduction targets.
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