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Clean Energy Ventures

Venture capitaloperating company · company profile

Boston · Seed–Late Stage · 39 people tracked

Also known as CLEAN ENERGY VENTURE MANAGEMENT, LLC

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Investment thesis

Clean Energy Ventures backs founders pairing defensible science and technology innovations with disciplined commercial fundamentals to build climate companies capable of competing and lasting. Its team of trained engineers and operators applies rigorous diligence, targeting solutions where the science is proven, the commercialization path is clear, and impact can be measured in gigatons of decarbonization. The firm acts with speed and precision when fundamentals are strong, and supports portfolio companies through obstacles and opportunities. It has built an ecosystem of in-house expertise, strategic partners, and industry veterans who work alongside founders from pilot engineering through full commercialization and scale-up.

Source: firm website, verified Aug 25, 2026.

Stage
Seed–Late Stage
Check
$100K – $5M
HQ
Boston, Massachusetts, US
Leads rounds
Follows
Instruments
Equity
Founded
2017
Last 12 months
2 investments
AUM
$400M
VC funds
2
Tracked investments
154

Team · 39 people

from the firm's website & public directories
Jeff Weiss· Venture Partner

Venture partner; former VP of engineering, CTO, and co-founder of several energy companies.

Jimmy Ellis· Venture Partner

Venture partner; attorney and entrepreneur turned investor.

John Harper· Venture Partner

Venture partner and Executive Director of CEVG; former finance lead at EDF, ABB, and Wartsila.

John Santoleri· Venture Partner

Venture partner; former Managing Director at Warburg Pincus and CFO of Dimensional Energy.

John Wisniewski· Venture Partner

Venture partner; former Exxon Mobil engineer and director at Arcapita.

Mallika Gummalla· Venture Partner

Venture partner; former Head of Innovation Hubs at UTC.

Michael Herzig· Venture Partner

Venture partner; former CEO of Locus Energy.

Nora Mead Bromwell· Venture Partner

Venture partner; former FERC Commissioner and former Board Chair of PG&E.

Bridget Michalowski· Investor Relations Managerin
Danae Minich· Office Coordinatorin
David Meyer· Community Operations Managerin
Elizabeth Pacelle· Marketing & Platform Associatein
Ellen Williams· Strategic Advisory Board

Strategic advisory board member; former Director of ARPA-E.

Ernest Moniz· Strategic Advisory Board

Strategic advisory board member; former U.S. Secretary of Energy.

Gabe Place· Finance & Accounting Associatein
Max Werny· Investorin
Maya Bhat· Investorin

Investor at the firm; holds a PhD.

Founder mafia

2 people who came through Clean Energy Ventures went on to found or lead other companies.

What they invest in

from 107 of 154 portfolio companies

Cleantech ×62Energy ×50Climate Tech ×41New Materials ×19Deep Tech ×18Hardware ×12Impact & Social Good ×11Advanced Manufacturing ×9

HQs:United States×48Canada×6United Kingdom×3Japan×2Israel×1Italy×1

Who they back

founder profiles across 23 portfolio companies
61%
solo founders
14 of 23 mapped founding teams

Founding team size:solo founder×142 founders×43 founders×34+ founders×2

Investments · 154 tracked

founders shown can be your intro path

By year:2025 · 42024 · 22023 · 12020 · 12018 · 12014 · 110 dated

Avista Corp.myavista.comin𝕏NYSE: AVA
Brookfield Asset Managementbrookfield.comin𝕏NYSE: BAM

Brookfield is a global asset manager that invests in and operates businesses on behalf of institutions, family offices, financial advisors, and individuals.

Fintech

Connor Teskeyin

Co-investorsBCI

Caterpillarcaterpillar.comNYSE: CAT

Co-investorsEnerTech CapitalDorm Room

National Gridnationalgrid.comNYSE: NGG

John Pettigrew CBE FIET FEIin

Pentairpentair.comin𝕏NYSE: PNR

Pentair provides water treatment and management products, including water filtration systems, hygienic process valves for food and beverage processing, and variable-speed pool pumps.

Advanced ManufacturingCleantechHardware

Co-investorsID8 Investments

United Airlinesunited.comNASDAQ: UAL

Scott Kirbyin

7Actech7actech.com
ABBglobal.abb

Morten Wierodin

ACCELR8accelr8.com

Accelr8 is a venture capital firm that invests in and helps build early-stage companies applying technology to decarbonize physical and industrial sectors.

CleantechClimate TechDeep Tech

Daniel Morgan(Founder)in

ACVC Partnersacvc.partners

ACVC Partners is a Silicon Valley-based deep tech venture fund that invests early in deep tech startups, focusing on artificial intelligence, tech-enabled life sciences, and new industrials.

AI & Machine LearningBiotechDeep TechSilicon Valley, US

Advanced Ionicsadvanced-ionics.comin

Advanced Ionics develops electrolyzer technology for producing green hydrogen, using its Symbiotic water vapor electrolysis that operates at intermediate temperatures and taps into existing industrial steam to lower electricity and capital costs.

CleantechClimate TechEnergyMilwaukee, US

Chad W. Mason(President and CEO)William Murray(Vice President)

BoardJohn Bobrowich(Director)in

Co-investorsAster CapitalClean Energy VentureGVP ClimateJERASWAN Impact Network

Advancedionicsadvancedionics.comin

Advanced Ionics develops Symbiotic electrolyzer technology that produces green hydrogen for industrial customers, operating in an intermediate temperature range and tapping into existing steam to reduce electricity needs.

CleantechClimate TechEnergy

Aepnusaepnus.comin

Aepnus is developing a sulfate recycling process that regenerates chemicals on-site from sodium sulfate waste, with a planned demonstration-scale plant designed to process over 500 tonnes of sodium sulfate annually.

Circular EconomyCleantechNew Materials

Lukas Hackl(Founder)in

Co-investorsISVLOWERCARBONLowercarbon CapitalNextFab VenturesVoyager PartnersIMPACT SCIENCE VENTURES+1 more

Amplify Capitalamplifycapital.cain

Amplify Capital is an impact-focused venture capital firm that invests in pre-seed to Series A technology companies addressing challenges in climate, health, and education.

Impact & Social Good

Co-investorsRBCx

Antares Venturesantares.venturesin

Antares Ventures is a venture capital firm that invests in science- and engineering-led deep tech companies at seed to Series B stages and supports their commercial deployment across Asia.

Deep Tech

Co-investorsAntares Ventures Pte. Ltd.

Aqua Membranesaquamembranes.comin𝕏

Aqua Membranes makes precision-printed elements for industrial reverse osmosis (RO) systems, designed to increase production, lower energy costs, reduce cleaning cycles, and improve recovery without retrofits.

Advanced ManufacturingCleantechHardwareNew MaterialsAlbuquerque, US

Rodney Herrington(Founder)Craig Beckman(CEO)Christopher Kurth(Chief Technology Officer)Rick Sanders(Director)Michael Reardon(Director)Stuart Schoenmann(Director)

Co-investorsBURNT ISLAND VENTURESClean Energy VentureHelios Climate VenturesNovaCapitalCycle CapitalMicron Ventures

Aramco Ventures Sustainability Fundaramcoventures.comin𝕏

Aramco Ventures is the corporate venturing arm of Aramco, running sustainability, industrial, and the Prosperity7 funds to invest globally in start-up and high-growth companies with technologies of strategic importance to Aramco.

Arcelor Mittal XCarbarcelormittal.com
At One Venturesatoneventures.com

Atone Ventures is an investment firm whose team backs founders building physical and hardware technology businesses, offering support in talent, operations, marketing, IP strategy, and manufacturing.

Co-investorsFarvatn Venture

Autodesk Foundationautodesk.orgin𝕏

The Autodesk Foundation is the philanthropic arm of Autodesk that provides grants and impact investments, along with technical training and software access, to nonprofits and early-stage startups.

CleantechClimate TechImpact & Social Good

Ayrton Energyayrtonenergy.cominSep 2024 · $6.8M

Ayrton Energy develops a hydrogen storage and transport solution based on a proprietary liquid organic hydrogen carrier (LOHC) and electrochemistry, storing hydrogen as a liquid at ambient conditions so it can be moved using existing fuel infrastructure.

CleantechClimate TechEnergyCalgary, CA

Co-investorsBDC Climate Tech Fund IICreative Destruction Lab (CDL)ForesightThe 51 VenturesThin Air LabsUCeed Funds+3 more

BDC Capitalbdc.ca𝕏

Business Development Bank of Canada (BDC) provides financing, advisory services, and educational resources to Canadian entrepreneurs and small and medium-sized businesses.

Fintech

Co-investorsBDC Climate Tech Fund IIBDC Fund Investments (Fund-of-Funds)BDC Growth Venture FundBDC Industrial Innovation Venture FundBDC Life Sciences Venture FundBDC Seed Venture Fund+8 more

Bodhibodhi.solarin𝕏

Bodhi is a design-focused software company that provides customer experience software for the residential solar industry, using data automation and behavioral science to engage homeowners.

AI & Machine LearningCleantechEnergySaaS

Scott Nguyen(CEO)Kay Paulus(Head of Engineering)Jana LG(Head of Design)Stefanie Naden(Head of Customer Success)Jeff Bennett(Head of Product)

Co-investorsClean Energy VentureHouston Angel NetworkSWAN Impact Network

Boston Materialsbomaterials.comin

BO Materials develops novel materials for industrial applications across trillion-dollar industries.

AI & Machine LearningDeep TechNew MaterialsSemiconductorsMassachusetts, US

Michael Segal(Executive Officer, Director)Anvesh Gurijala(Executive Officer, Director)

BoardDavid Miller(Director)inDwight Poler(Director)Andrew Goldman(Director)

Co-investorsAccelr8ACVC PartnersCollaborative FundDiamond Edge VenturesGood Growth CapitalGS Futures+2 more

Boston Materialsbostonmaterials.coin

Boston Materials develops thermal interface materials that address both heat transfer and mechanical stress in multi-kilowatt AI and high-performance computing semiconductor systems.

Deep TechNew MaterialsSemiconductorsMassachusetts, US

Co-investorsClean Energy VentureSABIC Ventures

bp Venturesbp.com

London, GB

Bob Dudleyin

Co-investorsMetaPropRice Investment Group

Braavosbraavos.appin𝕏Oct 2025 · $28M

Braavos is a self-custody cryptocurrency wallet offering 2FA and 3FA security for Starknet transactions, with built-in functionality to grow Bitcoin, Ethereum, and stablecoins through direct investment and staking features.

Crypto & Web3San Francisco, US

Antoine de Chevigne(Executive Officer, Director)Matt Voska(Executive Officer)Jonathan Chin(Executive Officer, Director)

Co-investorsPantera CapitalAramco VenturesBraavos CapitalCrypto com CapitalEni NextIAGi Ventures+2 more

Breakthrough Energy Fellowsbreakthroughenergy.org

Co-investorsBeast VenturesRed Bear Ventures

Builders Visionbuildersvision.comin

Builders Vision is an impact-focused investment platform associated with Lukas Walton that uses a "systems approach," directing capital toward reform-minded organizations to shift entire sectors toward more sustainable and impact-friendly outcomes.

Impact & Social GoodSector Agnostic

Lukas Walton(Founder)in

Co-investorsCirculate CapitalEcho River Capital

Burnt Island Venturesburntislandventures.com

Burnt Island Ventures is a venture capital firm that invests in and supports startups building water-related technologies, with a focus on addressing water challenges tied to climate change.

CleantechClimate Tech

Co-investorsEcho River CapitalSalica Investments

Buzzi Unicem USAbuzziunicemusa.com
Carbon Drawdown Collectivecarbondrawdowncollective.com
Carbon Upcyclingcarbonupcycling.com

Carbon Upcycling captures CO2 and converts industrial byproducts — such as iron and steel slag, coal ash, and mine tailings — into low-carbon cement and materials for cement, steel, energy, and mining manufacturers.

Circular EconomyCleantechNew Materials

Co-investorsAmplify CapitalClean Energy VentureClimate InvestmentBDC Capital Corporation

CEMEX Venturescemexventures.comin𝕏

SubBase is a construction-technology startup that has raised a $7M Series A round; the page does not describe its product in detail.

Construction TechFort Lauderdale, US

Co-investorsFika Ventures

Cerberus Venturescerberus.com

Cerberus is an alternative investment advisor managing approximately $70 billion across credit, private equity, and real estate platforms, including direct lending, corporate credit, non-performing loans, residential and commercial real estate, and early-stage venture investing.

Fintech

Co-investorsAHL Venture PartnersBooz Allen Ventures

CEVGcevg.comin𝕏

Clean Energy Venture Group provides seed capital and hands-on management expertise to early-stage climate tech startups in the energy and environmental sectors.

CleantechClimate TechEnergy

Chevron Technology Ventureschevron.com
CleanFibercleanfiber.com

CleanFiber manufactures cellulose-based insulation from recycled newsprint for the building materials industry.

Advanced ManufacturingCircular EconomyCleantechConstruction TechNew MaterialsBuffalo, US

Sami Rahman(CEO)Erik Gregory(Chief Financial Officer)Jonathan Strimling(Executive Officer)James Austin(Executive Officer)Marco Peterson(Executive Officer, Director)

BoardNoah Lerner(Director)in

Co-investorsAligned Climate CapitalBoston Harbor AngelsClean Energy VentureClimate Innovation CapitalGlobal BrainKeiretsu Forum+6 more

Clearskyclear-sky.com

ClearSky is a venture capital and growth equity firm that invests in companies in the cybersecurity and energy transition sectors.

ClearTracecleartrace.io

Co-investorsClean Energy Venture

Climate Innovation Capitalclimateic.comin

ClimateIC (Climate Innovation Capital) is a venture firm that invests in mid-stage, commercially proven climate technology companies across buildings, industrials, energy and power, agriculture and food, transportation, and waste and recycling.

CleantechClimate TechImpact & Social GoodToronto, CA

Climate Investmentclimateinvestment.comin

Climate Investment is a venture-to-growth equity investor backing climate-focused technologies in high-emission sectors such as energy, industry, built environments, and transportation, with the aim of delivering measurable greenhouse gas reductions.

CleantechClimate TechEnergy

Closed Loop Venturesclosedlooppartners.comin𝕏

Closed Loop Partners is an investment firm focused on the circular economy, deploying venture capital, private equity, catalytic capital and private credit alongside an innovation center and an operating group that builds circular economy infrastructure.

Circular EconomyCleantechImpact & Social Good

Co-investorsAtento CapitalCircular Innovation FundAutodesk Foundation

ConnectDERconnectder.comin

ConnectDER makes meter socket adapters (meter collars) that connect residential solar, battery, and EV charging systems directly at the electric meter, avoiding panel upgrades and complex electrical work.

CleantechClimate TechEnergyHardwarePhiladelphia, US

Whitman Fulton(Executive Officer, Director)inIvo Steklac(Executive Officer, Director)Mark Gustafson(Director)

BoardDaniel Goldman(Director)inRajan Gupta(Director)Matt Coleman(Director)

Co-investorsBlackRockTemasekClean Energy VentureEvergy VenturesLG Technology VenturesMassMutual Ventures+2 more

CRHcrh.comin

CRH is a provider of building materials, products and services spanning aggregates, cementitious products, roads and water solutions.

Construction TechNew Materials

Jim Minternin

DG Matrixdgmatrix.comin

DG Matrix builds the Interport platform, a multi-port solid-state transformer (SST) system for software-defined power distribution and electrification.

CleantechEnergyHardwareCary, US

Vlatko Vlatkovic(Director)Haroon Inam(Executive Officer, Director)

Co-investorsTech Square VenturesThe Engine Ventures

Doral Energy-Tech Venturesdoral-tech.comin𝕏

Doral Energy-Tech Ventures is the innovation and investment arm of Doral Group, backing energy and climate-tech startups worldwide from early concept through growth stages.

CleantechClimate TechEnergy

Roee Furman(Managing Director)

EDFedfenergyna.comin

EDF Trading North America provides energy market hedging and specialised trading services to help customers manage exposure across energy commodities.

Energy

EDP Venturesedp.comin

EDP is an energy company focused on renewable energy and the energy transition, generating and supplying electricity to consumers, businesses, and communities worldwide.

CleantechClimate TechEnergy

Joao Brito Martinsin

Co-investorsAramco VenturesEni NextEquinor VenturesFuture Planet CapitalHitachi Ventures

Electrified Thermal Solutions

Developer of electrically conductive firebricks for ultra-high temperature electrification, replacing natural gas boilers in steelmaking, cement, glass, and chemicals.

Medford, US

Joey Kabel(Executive Officer, Director)Daniel Stack(Executive Officer, Director)

BoardHector Abruna(Director)inDaniel Goldman(Director)

Co-investorsGVP ClimateClean Energy Venture

Emerson Collectiveemersoncollective.comin

Emerson Collective is an investment and philanthropic organization founded by Laurene Powell Jobs that backs entrepreneurs and innovators working on education, economic mobility, immigration, and the environment.

Climate TechImpact & Social Good

Laurene Powell Jobs(Founder)

Energy Foundryenergyfoundry.comin

Energy Foundry is a venture capital firm focused on building and investing in companies across critical industries including energy, water, waste, mobility, agriculture, and infrastructure.

CleantechClimate TechEnergy

Energy Impact Partnersenergyimpactpartners.comin𝕏

Energy Impact Partners is an investment firm that connects entrepreneurs with large corporations to fund and support companies working on transforming the global economy toward decarbonization.

CleantechClimate TechEnergy

Lindsay Luger(Founder)inHans Kobler(Founder)in

Co-investorsEvergy VenturesJERAMOL SwitchAmazon Alexa FundBlindspot Ventures Management CoBreakthrough Energy Ventures+9 more

Energy Innovation Capitalenergyinnovationcapital.com

Energy Innovation Capital is an investment firm that backs companies developing technology for clean, accessible, and abundant energy.

ENGIEengieventures.comin

ENGIE New Ventures is the corporate venture capital arm of the ENGIE Group, running a fund of over €250 million that invests in cleantech and energy startups focused on the energy transition.

CleantechClimate TechEnergy

Engine Venturesengineventures.comin

Engine Ventures is a venture capital firm that invests in founders developing breakthrough "Tough Tech" and frontier technologies aimed at large-scale industrial and global challenges.

Deep Tech

Katie Rae(CEO & Managing Partner)

Co-investorsThe Engine Ventures

Enieni.comin𝕏

Eni is an energy company whose website offers EnergIA, a generative AI assistant that answers questions by searching Eni's published financial documents, press releases, and news.

AI & Machine LearningEnergy

EPS Venturesepshipping.com.sgin

Eastern Pacific Shipping (EPS) is a ship management company operating a global fleet with roughly 7,000 sea and shore staff, focused on green and technology-driven operations.

Logistics & Supply ChainSingapore, SG

Equinorequinor.comin𝕏

Equinor is an energy company that produces oil and gas while building a power business, supported by trading and market operations.

Energy

Anders Opedalin

Evarievari.com

Peterborough, US

Jonathan Bass(Executive Officer)Steven J. Walker(Executive Officer, Director)

Co-investorsFarvatn Venture

Exits · 6

IPOs and acquisitions across the tracked portfolio

Avista Corp.NYSE: AVABrookfield Asset ManagementNYSE: BAMCaterpillarNYSE: CATNational GridNYSE: NGGPentairNYSE: PNRUnited AirlinesNASDAQ: UAL

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Clean Energy Ventures made?
Clean Energy Ventures has 132 tracked investments, including 5 dated in the last 24 months.
What stage does Clean Energy Ventures invest at?
Clean Energy Ventures invests at the Seed, Series A, Late Stage stages.
What is Clean Energy Ventures's typical check size?
Clean Energy Ventures typically writes checks of $100K – $5M.
What sectors does Clean Energy Ventures focus on?
Clean Energy Ventures focuses on Cleantech, Climate Tech, Deep Tech, Energy.
Where is Clean Energy Ventures located?
Clean Energy Ventures is headquartered in Boston, US.
Does Clean Energy Ventures lead rounds?
Clean Energy Ventures typically participates in rounds rather than leading them.
Who does Clean Energy Ventures co-invest with?
Clean Energy Ventures most often shares deals with Clean Energy Venture, Farvatn Venture, Lowercarbon Capital, among 109 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Corporate Venturing Insider #108 with Temple Fennell of Clean Energy Ventures

TDK Ventures · Temple Fennell

Scaling Climate Tech: How Clean Energy Ventures Backs Game-Changing Startups with Temple Fennell

The Future of Finance Podcast · Temple Fennell

Ep 51: Daniel Goldman - Managing Director, Clean Energy Ventures

Energy Impact Center · Daniel Goldman

Point 01 Podcast: Dan Goldman of Clean Energy Ventures

Therma · Dan Goldman

Images

Clean Energy Ventures photo

Co-investors · 10

Breakthrough Energy Ventures

Breakthrough Energy, founded by Bill Gates, backs innovators developing affordable, reliable, and clean energy technologies, investing across manufacturing, electricity, agriculture, transportation, and buildings.

$500K – $50M
Energy Impact Partners

Energy Impact Partners is an investment firm that connects entrepreneurs with major corporate partners to help drive the transformation of the global economy toward a more sustainable future.

$5M – $20M
National Grid Partners

National Grid Partners is the venture capital unit of National Grid plc, a major investor-owned energy utility company. The firm invests in innovative energy-related technologies and business models.

SOSV

SOSV is a deep tech venture capital firm that makes first-check pre-seed investments and follow-on rounds in startups focused on human and planetary health, providing lab space and hands-on support at its US locations.

Both backed · 1
$30K – $550K
Azolla Ventures

Azolla Ventures is an early-stage climate investor that backs founders building solutions with the potential for large-scale greenhouse gas reductions. It was created by Prime Coalition, a nonprofit that directs catalytic capital toward scalable climate solutions.

Both backed · 1
Great Oaks Venture Capital

Great Oaks Venture Capital is a New York-based early-stage investor that partners with founders at the earliest stages of company building across the United States.

$50K – $500K
SignalFire

SignalFire is a seed-stage venture capital firm that combines a full-team support model with its data-driven Beacon AI platform to back founders.

$250K – $15M
bp ventures

BP Ventures invests in private technology companies developing innovations in the energy sector. The firm focuses on early to growth-stage companies globally.

$1M – $10M
NCT Ventures

NCT Ventures is a Columbus, Ohio-based investment firm focused on the Midwest, partnering with entrepreneurs and providing hands-on operational support drawn from over 20 years of entrepreneurial experience.

Firms observed investing alongside Clean Energy Ventures, from public investor directories. Shared companies are the overlap with Clean Energy Ventures's recorded portfolio.

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