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Energy Capital Ventures

Venture capitalActively deploying

Chicago · Pre-Seed–Series A · 12 people tracked

Also known as ENERGY CAPITAL VENTURES, INC.

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Investment thesis

ECV invests at the early stage in innovation across the natural gas value chain, aiming to enable a clean, safe, reliable, and cost-effective energy expansion. Its 'Green Molecules' focus targets technologies that meet growing global energy demand while improving the resilience of the gas industry. The fund is backed by major energy-industry corporate limited partners and offers a customized engagement model that deeply integrates portfolio innovation with the strategic priorities of these corporate partners. The team combines venture capital investing experience with extensive utility investment banking and advisory backgrounds.

Source: firm website, verified Aug 25, 2026.

Stage
Pre-Seed–Series A
Check
$2M – $5M
HQ
Chicago, Illinois, US
Instruments
Equity
Founded
2020
Last 12 months
2 investments
Private fund assets
$101M
VC funds
2
Tracked investments
12

Team · 12 people

from the firm's website & public directories

What they invest in

from 7 of 12 portfolio companies

Cleantech ×5Climate Tech ×4Energy ×4New Materials ×3Biotech ×1Circular Economy ×1SaaS ×1

HQs:United States×4Germany×1

Investments · 12 tracked

founders shown can be your intro path

By year:2025 · 22024 · 12023 · 14 dated

Furnofurno.cominJul 2023

Furno (Furno Materials) is developing modular, energy-efficient cement plants that produce ASTM-certified clinker locally using oxyfuel combustion and machine learning for combustion optimization.

CleantechClimate TechNew MaterialsMountain View, US

Gurinder Nagra(Executive Officer, Director)Gurinder(Founder)David McColl(Director)Joel Moxley(Director)

Board seatVictor Pascucci III· per SEC Form D

Co-investorsCantos VenturesNeotribe Ventures

Gold H2, Inc.Feb 2024

Houston, US

Board seatVictor Pascucci III· per SEC Form D

Sapphire Technologies, Inc.Sep 2025

EnergyCypress, US

Peter Cooper(Director)Vatche Artinian(Director)Freddie Sarhan(Executive Officer, Director)Matthew Hill(Director)Jens Christian Mathiesen(Director)

Board seatVictor Pascucci III· per SEC Form D

Co-investorsEquinor VenturesMitsubishi Heavy Industries

Actual
Capture
Carbonquestcarbonquest.comin

CarbonQuest provides a modular Distributed Carbon Capture System (DCCS) that captures, liquefies, and monetizes CO2 onsite for biogas/RNG facilities, food and beverage manufacturers, and onsite low-carbon power generation.

CleantechClimate TechEnergy

Cemvitacemvita.comin

Cemvita uses proprietary microbial strains it calls xtremophiles to convert carbon waste into usable resources, applying synthetic biology to heavy industry and biorefining.

BiotechCircular EconomyCleantech

Moji Karimi(Co-founder)Tara Karimi(Co-founder & Chief Science & Sustainability Officer)

Co-investors8090 Industries

enaDyneenadyne.deinSep 2025

enaDyne develops a plasma-based CO2 recycling technology that reduces emissions while producing sustainable raw materials.

CleantechClimate TechNew Materials

Philipp Hahn(Co-Founder & CEO)

Co-investorsAmadeus Capital PartnersSpinLabAntares Ventures Pte. Ltd.APEX VenturesPossible Ventures

Graphitic Energygraphitic.comin

Graphitic Energy uses an improved methane pyrolysis process to split natural gas into clean hydrogen and solid carbon (graphite), aiming to produce hydrogen without CO2 emissions or renewable electricity.

CleantechEnergyNew Materials

Co-investorsBreakthrough Energy Ventures

Highwood Emissions Managementhighwoodemissions.comin

Highwood Emissions Management offers EIP (Emissions Intelligence Platform), software for oil & gas operators to build audit-ready methane inventories, automate emissions reconciliation, and report against standards including OGMP 2.0, Veritas, MiQ, CDPHE, and EU import regulations.

Climate TechEnergySaaS

Co-investorsForesight

Osmoses
Vertus Energy

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Energy Capital Ventures made?
Energy Capital Ventures has 12 tracked investments, including 2 dated in the last 24 months.
What stage does Energy Capital Ventures invest at?
Energy Capital Ventures invests at the Pre-Seed, Seed, Series A stages.
What is Energy Capital Ventures's typical check size?
Energy Capital Ventures typically writes checks of $2M – $5M.
What sectors does Energy Capital Ventures focus on?
Energy Capital Ventures focuses on Cleantech, Climate Tech, Deep Tech, Energy.
Where is Energy Capital Ventures located?
Energy Capital Ventures is headquartered in Chicago, US.
Who does Energy Capital Ventures co-invest with?
Energy Capital Ventures most often shares deals with 8090 Industries, Amadeus Capital Partners, Breakthrough Energy Ventures, among 7 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Investor Connect - 387 - Vic Pascucci of Energy Capital Ventures

Hall Martin · Vic

Images

Energy Capital Ventures photo

Co-investors · 24

8090 Industries

8090 Industries is an investment firm that partners with established industrial companies to invest in and accelerate the next generation of category-leading industrial businesses.

Both backed · 1
Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

$500K – $50M
New Enterprise Associates (NEA)

New Enterprise Associates (NEA) is a venture capital firm that invests in and provides long-term support to founders building new companies.

$200K – $40M
Alumni Ventures

Alumni Ventures (AV) is a venture capital firm that co-invests alongside lead VCs in startups, backing founders with capital and access to a large investor and operator community.

$100K – $10M
IVP (Institutional Venture Partners)

IVP (Institutional Venture Partners) is a venture capital firm that backs breakout companies at critical inflection points, helping them grow into enduring market leaders.

$15M – $75M
Union Square Ventures (USV)

Union Square Ventures is a venture capital firm based in New York City that invests at the edge of large markets undergoing transformation from technological and societal pressures.

$1M – $8M
Sapphire Ventures

Sapphire Ventures partners with expansion-stage enterprise software companies aiming to become category leaders.

$5M – $20M
Battery Ventures

Battery Ventures is a global investment firm that has backed more than 450 companies over its 40-year history, operating its investment staff as a single global unit.

$500K – $100M
Crosslink Capital

Crosslink Capital is a San Francisco-based venture capital firm investing in enterprise and consumer technology startups across North America.

$1M – $9M
Trinity Ventures

Trinity Ventures is an early-stage venture capital firm that invests in mission-driven entrepreneurs and their companies.

$500K – $6M
Venrock

Venrock is a venture capital firm investing across technology and healthcare, backing companies in fintech, developer infrastructure, life sciences, therapeutics, semiconductors, and consumer products.

$500K – $10M
Lightbank

Lightbank is a Chicago-based venture capital firm that invests in early-stage technology companies and provides operational support to portfolio companies. The firm was founded by Eric Lefkofsky and Brad Keywell, entrepreneurs behind Groupon, Mediaocean, InnerWorkings, Echo Global Logistics, and Uptake.

$500K – $5M
12 more co-investors

MatrixPelion Venture PartnersPeakRecursive VenturesCommerce VenturesRelay VenturesScout VenturesJump CapitalColle Capital PartnersRPM VenturesLavrock VenturesMarkd

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

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