Fundraising Fox

EnerTech Capital

Venture capital

Philadelphia · Seed–Late Stage · 21 people tracked

Also known as ENERTECH CAPITAL HOLDING COMPANY, L.P.

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Investment thesis

EnerTech invests around three core themes shaped by digitalization, decentralization, and decarbonization: Mobility, Industry 4.0, and Connected Customer. The firm applies its expertise, network, capital, and over 25 years of experience to support entrepreneurs transforming industries and using energy resources more efficiently. It works with a range of stakeholders, from corporates running innovation programs to seasoned investors seeking differentiated opportunities and tailored solutions, emphasizing outcomes where all parties benefit.

Source: firm website, verified Aug 25, 2026.

Stage
Seed–Late Stage
Check
$1M – $10M
HQ
Philadelphia, ON, US
Instruments
Equity
Founded
1996
AUM
$500M
VC funds
5
Tracked investments
33

Team · 21 people

from the firm's website & curated & public directories

What they invest in

from 20 of 33 portfolio companies

Energy ×9Mobility & Transportation ×7IoT ×5Advanced Manufacturing ×4Logistics & Supply Chain ×4AI & Machine Learning ×3Climate Tech ×3Data & Infrastructure ×3

HQs:United States×19Canada×4

Investments · 33 tracked

founders shown can be your intro path

By year:2025 · 12024 · 12018 · 12017 · 12016 · 26 dated

Adientadient.comin𝕏NYSE: ADNT

Adient is a global manufacturer of automotive seating systems and components, serving car makers with complete seating solutions designed for comfort, safety, and craftsmanship.

Advanced Manufacturing

Allison Transmissionallisontransmission.comin𝕏NYSE: ALSN

Allison manufactures automatic transmissions and propulsion solutions, including conventional, electric-hybrid, and fully electric options, for commercial vehicles, military applications, and industrial use.

Advanced ManufacturingDefense TechMobility & TransportationIndianapolis, US

Caterpillarcaterpillar.comNYSE: CAT

Co-investorsClean Energy VenturesDorm Room

Cumminscummins.comNYSE: CMI
Blue Pillarbluepillar.comin𝕏Aug 2018

Blue Pillar (Generac Link Manager) provides a platform to unify monitoring and control of industrial energy assets across mixed OEM environments, using protocols such as Modbus and CANBus.

EnergyEnterprise SoftwareIoTIndianapolis, US

Thomas J. Willie(Executive Officer, Director)Brad Witter(Executive Officer, Director)Kevin Kushman(Director)Bryan Urban(Director)

BoardBill Kingsley(Director)John McIlwraith(Director)in

Board seatScott Ungerer· per SEC Form D

Co-investorsAllos VenturesCapital Midwest FundElevate VenturesArsenal Growth EquityClaremont Creek Ventures

GeoDigital AutomotiveJun 2017SEC filingmedium confidence

Livonia, US

Robert Lutz(Director)Bruce Gordon(Executive Officer, Director)

BoardLouis Rajczi(Director)Gina Domanig(Director)in

Board seatScott Ungerer· per SEC Form D · $14M raise · filed Jul 2017

Co-investorsEmerald Technology Ventures AgForte Ventures

NanosteelOct 2016SEC filingmedium confidence

Providence, US

David Paratore(Executive Officer, Director)

BoardOlivier Perier(Director)Eric Kerr(Director)James Goldinger(Director)Richard Mackellar(Director)

Board seatScott Ungerer· per SEC Form D · $15M raise · filed Feb 2017

Co-investorsCycad Group LLC

Tangent Energy SolutionsSep 2016SEC filingmedium confidence

EnergyKennett Square, US

David Turner(Executive Officer)Dean Musser(Executive Officer, Director)Mark Schaefer(Executive Officer)

BoardDonald Kendall, Jr.(Director)Richard Grigg(Director)

Board seatScott Ungerer· per SEC Form D · $4M raise · filed Oct 2016

Aamaam.comin𝕏

Detroit, US

Alectraalectra.comin𝕏

Alectra is a utility company providing electricity distribution and related services to communities within its service territory.

EnergyIoTMobility & TransportationToronto, CA

Alectrautilitiesalectrautilities.comin𝕏

Alectra Utilities is a regulated utility company that distributes electricity and water services to customers in Ontario, Canada.

EnergyGuelph, CA

Aperiaaperiatech.com𝕏

Aperia develops tire management technology that monitors and maintains tire inflation and predictive maintenance for commercial fleets and consumers.

HardwareIoTLogistics & Supply ChainBurlingame, US

JOSHUA CARTER(Executive Officer, Director)BRANDON RICHARDSON(Executive Officer)

BoardJACK FUCHS(Director)HAL KRUTH(Director)ANDREW SMITH(Director)STEPHEN GRAND(Director)

Co-investorsBlackhorn VentureseLab VenturesTrucks VCAugment VenturesLateral Capital

CarIQ Paycariqpay.comin

Car IQ (Car IQ Pay, now branded Element Pay) is a vehicle-embedded payment platform that lets fleet vehicles connect directly to fuel pumps, toll gantries, and EV chargers to pay without physical fleet cards.

FintechLogistics & Supply ChainMobility & Transportation

Co-investorsBand of AngelsQuest Venture PartnersYAR Ventures

Distech Controls

Exited portfolio company sold to Acuity Brands for $318 million.

Faskenfasken.com
GeoDigitalgeodigital.comin𝕏

GeoDigital provides aerial LiDAR and imagery acquisition, FAC-003 vegetation analytics, and 3D right-of-way visualization for electric utilities, along with its WorkStudio software suite for managing engineering design, vegetation management, inspections, and maintenance planning.

AI & Machine LearningData & InfrastructureEnergySaaSAtlanta, US

Brett Kastenin

Co-investorsEmerald Technology Ventures AgNorth Sky

GridVisibilitygridvisibility.cominMar 2025

Data & InfrastructureEnergyIoTLongmont, US

Scott L. Caruso(Founder)Stephen Glennon(Founder)

BoardKevin Jakel(Director)Ralph Brown(former CTO, CableLabs)in

HPC Energy Services

Exited portfolio company sold to TriWest in 2018.

IPKeys Power Partners

Exited portfolio company sold to Parsons Corp in 2023.

Linamarlinamar.comin𝕏

Linamar is a precision manufacturing company that supplies engineered components and systems to the automotive, mobility, and agricultural industries globally.

Advanced ManufacturingHardwareGuelph, CA

Martinreamartinrea.comin𝕏

Martinrea is a flexible manufacturing company that serves customers across multiple sectors through product design, engineering, and production.

Advanced Manufacturing

Pilotflyingjpilotflyingj.comin𝕏

Pilot Flying J is a travel center and fuel stop operator serving professional drivers and travelers across North America, offering fuel, food, and mobile ordering services.

ConsumerLogistics & Supply ChainMobility & TransportationKnoxville, US

Plusplus.aiin𝕏

PlusAI develops AI-based autonomous driving software for trucks, ranging from advanced driver assistance to full Level 4 autonomy, using large AI models and generative AI.

AI & Machine LearningLogistics & Supply ChainMobility & TransportationSanta Clara, US

David Liu(CEO & Co-Founder)inShawn Kerrigan(COO & Co-Founder)inHao Zheng(CTO & Co-Founder)Tim Daly(Chief Architect & Co-Founder)Bryant Park(CFO)

Co-investorsHemi Ventures, LlcMillennium New HorizonsMillennium Technology Value PartnersNotable CapitalTSVC

Powersidepowerside.comin

Powerside provides power quality measurement, correction, and cloud-based remote monitoring solutions to help businesses detect and resolve issues like harmonics, voltage fluctuations, and flickers.

CleantechEnergyIoT

Co-investorsCycle Capital

Recurrentrecurrentauto.comin𝕏

Recurrent builds software and data analytics tools to help consumers and dealerships transition to electric vehicles and optimize EV adoption.

Climate TechData & InfrastructureMobility & TransportationRetail TechSaaS

Scott Case(Founder)in

Co-investorsAscend Venture CapitalAutomotive Ventures MobilityPrelude VenturesWireframe VenturesGeneral Catalyst

Shaedshaed.ai
SHAED, Inc.inMay 2024

Minneapolis, US

John Kinsey(Executive Officer)Ryan Pritchard(Executive Officer, Director)Eddie Schick(Executive Officer)

BoardJoe Pritchard(Director)Scott Ungerer(Director)David Cook(Director)

Co-investorsGLOBAL STRATEGIC MOBILITY

Smart Energy Watersew.aiin𝕏

Smart Energy Water (SEW) provides digital customer experience, workforce experience, and AI/ML analytics platforms designed for energy, water, and gas utilities.

AI & Machine LearningClimate TechEnergyEnterprise SoftwareSaaS

Deepak Garg(Founder & Co-CEO)

Co-investorsGolub GrowthLotus Capital

Smudsmud.orgin𝕏

SMUD is a utility company that supplies electricity to the Sacramento region and operates clean energy programs to reduce carbon emissions.

Climate TechEnergySacramento, US

Sofdesk

Exited portfolio company sold to Enphase in 2020.

Space-Time Insightspacetimeinsight.comAcquired

Space-Time Insight builds geospatial visual analytics and industrial IoT software for utilities, energy, transportation and manufacturing.

San Mateo, US

Rob Schilling(Chief Executive Officer)

BoardGill Cogan(Director)James Huff(Director)inBill Kingsley(Director)Jasvir Gill(Director)John Luongo(Director)

Co-investorsClearSkyZouk CapitalOpus Capital

Swift Navigationswiftnav.comin𝕏

Swift Navigation provides low-cost, high-accuracy GPS and GNSS positioning solutions for autonomous vehicles, mobility applications, and mass-market uses.

Deep TechHardwareMobility & TransportationCalifornia, US

Timothy Harris(CEO and Co-Founder)

Co-investorsClear VenturesEvolution VenturesFraser McCombs CapitalGen CapitalGlobal BrainKDDI Open Innovation Fund+11 more

Wmwm.comin

Waste Management provides waste collection, recycling, and disposal services for residential and commercial customers.

Circular EconomyCleantechHouston, US

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 4

IPOs and acquisitions across the tracked portfolio

AdientNYSE: ADNTAllison TransmissionNYSE: ALSNCaterpillarNYSE: CATCumminsNYSE: CMI

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has EnerTech Capital made?
EnerTech Capital has 26 tracked investments, including 1 dated in the last 24 months.
What stage does EnerTech Capital invest at?
EnerTech Capital invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is EnerTech Capital's typical check size?
EnerTech Capital typically writes checks of $1M – $10M.
What sectors does EnerTech Capital focus on?
EnerTech Capital focuses on Advanced Manufacturing, Cleantech, Climate Tech, Consumer, Data & Infrastructure, Energy, Hardware, IoT, Mobility & Transportation, New Materials, SaaS.
Where is EnerTech Capital located?
EnerTech Capital is headquartered in Philadelphia, US.
Who does EnerTech Capital co-invest with?
EnerTech Capital most often shares deals with Clear Ventures, Fraser McCombs Capital, Global Brain, among 28 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Investment Interview with Wally Hunter, Managing Director at EnerTech Capital

VC HOUSE · Wally Hunter

Images

EnerTech Capital photoEnerTech Capital photoEnerTech Capital photoEnerTech Capital photoEnerTech Capital photoEnerTech Capital photo

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