Braemar Energy Ventures

Braemar Energy Ventures is a New York–based venture capital firm that focuses exclusively on technology and communications opportunities in the energy sector. Founded in the early 2000s by four principals with deep investment, financing, and operating experience in energy, the firm targets early‑stage companies across energy technology, mobility, power, resource revolution, and infrastructure. It helps portfolio companies mature by providing strategic guidance and financing expertise, leveraging industry knowledge to address long‑term challenges and enable management teams to focus on execution and growth as they integrate into the broader energy market.

Diane Bao

Associate

John Cavalier JD

Venture Partner

Dennis Costello

Partner

William Lese

Managing Partner

Jiong Ma

Partner

Past deals in Rhode Island

Utilidata

Series B in 2022
Utilidata develops energy software that optimizes power grids using real-time distributed intelligence. Its platform, Utilidata, analyzes grid conditions continuously, integrates renewable sources seamlessly, detects anomalies, and improves operational efficiency. Founded in 1983, the company is headquartered in Providence, Rhode Island.

Utilidata

Series C in 2020
Utilidata develops energy software that optimizes power grids using real-time distributed intelligence. Its platform, Utilidata, analyzes grid conditions continuously, integrates renewable sources seamlessly, detects anomalies, and improves operational efficiency. Founded in 1983, the company is headquartered in Providence, Rhode Island.

Utilidata

Venture Round in 2012
Utilidata develops energy software that optimizes power grids using real-time distributed intelligence. Its platform, Utilidata, analyzes grid conditions continuously, integrates renewable sources seamlessly, detects anomalies, and improves operational efficiency. Founded in 1983, the company is headquartered in Providence, Rhode Island.
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