Energize Capital announces final close of oversubscribed Energize Ventures Fund III totaling $430 million
Energize Capital, a leading investor in climate solutions, has announced the final close of Energize Ventures Fund III, totaling $430 million in capital commitments to the fund and its related vehicles, marking the firm’s fifth institutional fund and third in the dedicated strategy.
Energize Capital, a leading investor in climate solutions, has announced the final close of Energize Ventures Fund III, totaling $430 million in capital commitments to the fund and its related vehicles, marking the firm’s fifth institutional fund and third in the dedicated strategy. The fund was oversubscribed, and brings Energize's total assets under management to over $1.8 billion.
The fund attracted strong support from a broad range of world class institutional, strategic, impact, and family office investors. Energize Capital invests in climate solutions with ambition, backing leaders who are building and operating at the intersection of digital innovation and climate to create a modern sustainable economy. Ventures III will function within Energize’s existing Ventures strategy, backing earlier-stage companies focused on scaling and enabling the new energy and industrial landscape through digital and software-enabled solutions.
Ventures III will primarily target startups raising Series A, B, or C rounds. Energize will continue to rely on its research-driven approach, investing in asset-light companies that solve challenges across its core thesis areas of electrification and mobility, industrial operations, decarbonization, infrastructure resilience, and renewable energy.
Energize aims to act as a strong, supportive partner to portfolio companies through active board engagement and Energize’s dedicated portfolio service platform, Energize EDGE. The EDGE team represents over a quarter of Energize’s headcount and consists of seasoned industry experts dedicated to creating and preserving value across the portfolio.
To date, Energize has deployed capital from Ventures III into several investments, including Tyba, a battery optimization platform enabling profitable BESS deployment; Archive, a technology solution that works with global brands like The North Face and lululemon to launch and scale resale businesses; and Nira Energy, a profitable software platform that supports grid interconnection for energy developers. These investments reflect a growing belief in the opportunities available today across the rich ecosystem of energy storage, grid software, and resource optimization.
Rede Partners is proud to have partnered with Energize on this highly successful fundraise.