SOSV

SOSV, established in 1995 and headquartered in Princeton, New Jersey, is a global venture capital firm specializing in early-stage investments. It focuses on deep tech innovations in the health and environmental sectors, supporting founders with breakthrough technologies through its HAX and IndieBio startup development programs. SOSV provides resources, facilities, and lab equipment to accelerate product development and scale, with a track record of helping its portfolio companies secure subsequent funding rounds led by top-tier investors.

Hugh Bowen

Associate

Navin Danapal

Director, South East Asia

Weichang Ge

Analyst

Bradford Higgins

Venture Partner

Katie Hoffman

General Partner

Mohan Iyer

General Partner

Benjamin Joffe

Partner

Ji Ke

Partner

Stephen McCann

CFO and General Partner

Carthach McCarthy

CFO

Paul Monaghan

Principal

Brian Murphy

Finance Director

Eric Ramsay

Analyst

Sabriya Stukes Ph.D

Partner

Past deals in Electricity

Renewell

Seed Round in 2024
Renewell, headquartered in Bakersfield, California, specializes in repurposing idle oil and gas wells into gravity-based energy storage systems. Their technology involves lowering a weight connected to a regenerative winch down an abandoned wellbore during periods of low demand, storing potential energy, and raising it back up when demand is high, releasing electricity onto the grid. This innovative approach helps reduce greenhouse gas emissions by transforming inactive oil and gas infrastructure into flexible renewable energy storage solutions.

Bactery

Seed Round in 2024
Bactery is a manufacturer of innovative bacteria-powered batteries, known as bacteries, which harness microbial processes in soil to self-recharge. This technology offers a continuous source of clean electricity, functioning effectively regardless of weather conditions or geographic location. Bactery's environmentally friendly batteries are particularly suited for powering remote applications, such as field sensors and Internet of Things (IoT) devices, making them an ideal solution for sustainable energy needs in agriculture and other sectors.

Ayrton Energy

Seed Round in 2024
Ayrton Energy, founded in 2021, is focused on enhancing energy security through innovative hydrogen storage technology. The company specializes in developing a dense storage medium for hydrogen, enabling its storage in liquid form. This approach allows for safer and more efficient handling and transportation of hydrogen, differentiating it from traditional fuels like gasoline. Ayrton Energy's technology facilitates the use of existing infrastructure, including tanks, rail cars, transport trucks, and pipelines, to deliver hydrogen effectively. By providing solutions for hydrogen storage and transportation, Ayrton Energy aims to support clients in utilizing hydrogen as a fuel source for power generation, thereby contributing to overall energy security.

Qnetic

Seed Round in 2023
Qnetic is a developer of innovative flywheel energy storage technology aimed at enhancing bulk energy storage capabilities for electric grids. The company's solutions focus on providing low-cost energy storage options that facilitate the transition to renewable energy sources, particularly wind and solar power. By enabling efficient energy storage, Qnetic's technology helps reduce reliance on fossil fuels, supporting clients in their efforts to adopt sustainable energy practices. The company's advancements in energy storage are instrumental in promoting the wider deployment of renewable energy solutions.

Altiro Energy

Seed Round in 2023
Altiro Energy is a renewable energy power generation company that specializes in clean technology solutions for energy storage. The company has developed an innovative energy storage technology that utilizes iron-based powder, enabling long-term storage with zero emissions. This approach not only enhances cost competitiveness and safety but also allows for efficient cycling through charging and discharging processes. By stabilizing production from wind and solar farms, Altiro Energy effectively minimizes energy waste during periods of excess supply, contributing to a more reliable and sustainable energy grid.

Renewell

Seed Round in 2023
Renewell, headquartered in Bakersfield, California, specializes in repurposing idle oil and gas wells into gravity-based energy storage systems. Their technology involves lowering a weight connected to a regenerative winch down an abandoned wellbore during periods of low demand, storing potential energy, and raising it back up when demand is high, releasing electricity onto the grid. This innovative approach helps reduce greenhouse gas emissions by transforming inactive oil and gas infrastructure into flexible renewable energy storage solutions.

Ayrton Energy

Seed Round in 2023
Ayrton Energy, founded in 2021, is focused on enhancing energy security through innovative hydrogen storage technology. The company specializes in developing a dense storage medium for hydrogen, enabling its storage in liquid form. This approach allows for safer and more efficient handling and transportation of hydrogen, differentiating it from traditional fuels like gasoline. Ayrton Energy's technology facilitates the use of existing infrastructure, including tanks, rail cars, transport trucks, and pipelines, to deliver hydrogen effectively. By providing solutions for hydrogen storage and transportation, Ayrton Energy aims to support clients in utilizing hydrogen as a fuel source for power generation, thereby contributing to overall energy security.

Renewell

Seed Round in 2022
Renewell, headquartered in Bakersfield, California, specializes in repurposing idle oil and gas wells into gravity-based energy storage systems. Their technology involves lowering a weight connected to a regenerative winch down an abandoned wellbore during periods of low demand, storing potential energy, and raising it back up when demand is high, releasing electricity onto the grid. This innovative approach helps reduce greenhouse gas emissions by transforming inactive oil and gas infrastructure into flexible renewable energy storage solutions.

Renewell

Seed Round in 2022
Renewell, headquartered in Bakersfield, California, specializes in repurposing idle oil and gas wells into gravity-based energy storage systems. Their technology involves lowering a weight connected to a regenerative winch down an abandoned wellbore during periods of low demand, storing potential energy, and raising it back up when demand is high, releasing electricity onto the grid. This innovative approach helps reduce greenhouse gas emissions by transforming inactive oil and gas infrastructure into flexible renewable energy storage solutions.

TruEnergy Services

Seed Round in 2020
TruEnergy Services is a privately held energy brokerage and consulting firm that specializes in assisting a diverse range of clients, including commercial and industrial businesses, government entities, and educational institutions. The company represents many of the nation's largest retail electricity providers and focuses on delivering significant savings on energy costs. TruEnergy offers a variety of services, such as energy brokerage, sales tax recovery, infrastructure audits, and strategies to minimize delivery costs. By leveraging its expertise, TruEnergy helps clients optimize their energy consumption and maximize savings in the current market.

LumenCache

Seed Round in 2016
LumenCache is a manufacturer of lighting systems and fixtures that focuses on creating a reliable wired infrastructure for lighting in homes and buildings. The company replaces traditional alternating current (AC) power distribution with a direct current (DC) system, allowing for replaceable modules that can power and control individual lights, switches, and fans. By integrating modern structured wiring, LumenCache connects various technologies, including microgrids and batteries, to facilitate the adoption of smart building products. This approach addresses the obsolescence and reliability issues often associated with wireless platforms, thereby enhancing the installation of smart devices. Since its establishment, LumenCache has demonstrated the longevity, safety, and adaptability of its platform through various applications worldwide, ranging from solar-powered bus stops to multi-story apartment buildings. The company's innovative solutions are poised to significantly impact the construction industry and the growing market for smart products.

Sassor

Seed Round in 2012
Sassor is a Japanese service design company based in Tokyo, founded in 2010. It specializes in developing devices and services that focus on enhancing energy literacy and social engagement. Sassor's Energy Literacy Platform helps users understand and manage their daily electricity consumption, promoting better home energy management. Additionally, the company offers Socialacts, a user-friendly social network that encourages participation in social actions by allowing users to share activities with friends, discover local events, and earn achievements for sustained involvement.
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