Key Impact Points:
$430 million raised for Ventures Fund III, bringing Energize Capital’s total AUM to over $1.8 billion.
Fund targets early-stage, digital-first climate solutions, including energy transition, industrial digitization, and infrastructure innovation.
Backed by top institutional LPs including Första AP-Fonden, CDPQ, GE Vernova, and Builders Vision.
Energize Capital Expands Climate-Tech Strategy with $430 Million Fund III
Energize Capital, a leading climate-focused investor, has closed Ventures Fund III with $430 million in capital commitments, signaling strong LP demand for digital solutions that accelerate the energy transition. This is the firm’s fifth institutional fund and brings total assets under management to over $1.8 billion.
Ventures Fund III will support early-stage companies building software and data-driven tools that address climate and industrial challenges. Sectors of focus include grid interconnection, next-generation manufacturing, and the circular economy—all of which increasingly require digital innovation to scale effectively.
“Operators need specialist investors with deep domain expertise and operational know-how to help them scale their solutions,” said John Tough, Managing Partner at Energize Capital. “We are excited to back the next generation of entrepreneurs.”
Backed by Global LPs
The fund is supported by a diverse group of institutional investors including:
Första AP-Fonden (AP1)
Capricorn, Keeling Capital, Reference Capital
Corporate LPs like Keysight Technologies, WEX Venture Capital, and GE Vernova
Returning LPs include CDPQ, UBS, WEC, and Builders Vision
“Energize’s in-depth research, valuable industry connections, and hands-on team are crucial for driving broader market adoption,” said Scott Gerdes, Director of Private Investments at Builders Vision.
Current Portfolio Highlights
Ventures III has already backed several companies, including:
Tyba: Battery optimization software
Archive: Tech platform enabling fashion resale programs
Nira: Grid interconnection software for energy developers
Energize’s thesis continues to prioritize asset-light, digital-first models that enable scalable, capital-efficient growth in climate sectors.
