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Energy Capital Ventures

Corporate VCActively deploying

Chicago · Pre-Seed–Series A · 13 people tracked

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Investment thesis

Energy Capital Ventures focuses on early-stage ventures that advance innovation in the natural gas and energy value chains. The firm champions green molecules technology as a pathway to meet growing global energy demand through clean, safe, reliable, and cost-effective solutions. Operating as a platform for innovation, ECV provides strategic engagement tailored to corporate investor priorities and deep integration with industry stakeholders to accelerate the transition toward sustainable energy expansion.

Invests inCleantechEnergyChicago

Source: firm website, verified Jul 21, 2026.

Stage
Pre-Seed–Series A
HQ
Chicago, US
Instruments
Equity
Tracked investments
12

Team · 13 people

from the firm's website
Jeff Yingling· General Partner, Cofounder

Experienced investment banking professional with over three decades of experience in energy utility and adjacent industries. He serves on the board of NorthWestern Corporation and brings extensive transaction experience in the power and energy sectors.

Ray O'Connor· General Partner, Cofounder

Investment banking professional with more than three decades of international experience in power and utility sectors. He has provided strategic capital raising and derivative product solutions to various energy and regulated/unregulated industries throughout his career.

Rick Viton· General Partner, Cofounder, Chair Investment Committee

Thought leader in strategic venture capital investments with over 25 years of experience in private equity and investment banking. His expertise spans insurance and insurtech to M&A and corporate dealings, with focus on navigating industry transformation and innovation cycles.

Victor Pascucci III· Managing General Partner, Cofounder

Tenured venture capitalist with extensive experience creating and executing strategic venture capital programs. He has a top-decile venture capital track record and has facilitated over $750 million in venture capital and M&A transactions across energy, fintech, insurtech, and enterprise technology sectors.

Jeff

An experienced operator with over three decades of investment banking experience in energy utility and adjacent industries, currently serving on the board of NorthWestern Corporation.

Ray

An investment banker with over 30 years of international experience providing strategic capital raising and derivative products to energy and regulated/unregulated industries.

Rick· Chairperson of the ECV Investment Committee

A thought leader in strategic venture capital investments with over 25 years of experience in private equity and investment banking, with expertise spanning insurance/insurtech and M&A across corporate and private equity contexts.

Vic

A tenured venture capitalist with decades of broad professional experience in creating and executing strategic venture capital programs and a top-decile investment track record. Vic has facilitated over $750 million in venture capital and M&A transactions in energy, fintech, insurtech, and enterprise technology.

Daniel

An experienced investor who has backed and advised over 50 founders in AI, climate, and deeptech sectors, leveraging a mechanical engineering background to support PhD-led teams in commercializing frontier technologies. Daniel has led accelerator programs and collaborated with national labs, corporates, and universities.

Stefano Galiasso· Vice President

Technical professional with more than a decade of consulting experience in energy engineering with utilities. He holds degrees in engineering and management and has advised both commercial and university venture funds.

Dan Pfeil· Associate

Deeptech venture professional with mechanical engineering background who has backed and advised more than 50 founders in AI, climate, and deeptech sectors. He has led accelerator programs and collaborated with national labs, corporates, and universities to support commercialization of frontier technologies.

Jack Smith· MBA Associate

Joined Energy Capital Ventures in July 2024 to support fund operations and investment evaluation across the energy value chain. Jack brings experience in corporate strategy, risk management, and energy innovation, and is pursuing an MBA at the University of Michigan's Ross School of Business.

Stefano

Brings more than a decade of technical and consulting experience in energy engineering with utilities, including consultation for commercial and university venture funds, with educational background in engineering and management.

Investments · 12 tracked

founders shown can be your intro path
Actual
Capture
Carbonquest
Cemvita Factory
Enadyne
Furno
Gold H2
Graphitic
Highwood Emissions Management
Osmoses
Sapphire Technologies
Vertus Energy

Board seats · per SEC filings · 3

what is this? ⓘ
Sapphire Technologies, Inc.SEC filing

$17.5M raise · filed Sep 2025 · via Victor Christian Pascucci III

Gold H2, Inc.SEC filing

$12M raise · filed Feb 2024 · via Victor Pascucci III

Furno Materials Inc.SEC filing

$5M raise · filed Jul 2023 · via Victor Pascucci III

Inferred from directors named on each company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Frequently asked questions

What stage does Energy Capital Ventures invest at?
Energy Capital Ventures invests at the Pre-Seed, Seed, Series A stages.
What sectors does Energy Capital Ventures focus on?
Energy Capital Ventures focuses on Cleantech, Energy.
Where is Energy Capital Ventures located?
Energy Capital Ventures is headquartered in Chicago, US.

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