Energize Capital, a leading multi-stage investor in climate solutions, announced the closing of its Ventures Fund III, totaling $430 million in capital commitments to the fund and its related vehicles. And the firm’s fifth institutional fund and third of its Ventures strategy, Ventures III, will deploy into earlier-stage companies focused on scaling energy and industrial transformation.
This latest fund brings Energize’s total assets under management to over $1.8 billion, enabling the specialist firm to continue leveraging its team’s decades of expertise in climate technology to support entrepreneurs through both financial capital and extensive operational and commercialization support.
Energize’s Ventures Fund III is backed by LPs representing leading institutional, corporate strategic, family office, and impact investors. And new LPs in the fund include Första AP-Fonden (AP1), Capricorn, Reference Capital, Keeling Capital, Keysight Technologies, WEX Venture Capital, and several other international pensions. Among returning investors are GE Vernova, CDPQ, Builders Vision, UBS, WEC, and others.
This fund will back asset-light climate solutions, with a particular focus on companies operating in the industrial digitization, next generation infrastructure and energy transition sectors. So far, Energize has deployed capital from Ventures III into several investments, such as Tyba (a battery software optimization platform), Archive (a technology solution for brands to launch and scale profitable resale businesses), and Nira (a software platform that supports grid interconnection for energy developers).
Problem being solved: The economy is going through a profound transformation, placing new demands on capital partners to navigate emerging complexity and create value. And technologies such as AI are redefining industrial processes, driving innovation, efficiency, and scalability. At the same time, the reshoring of manufacturing, evolving global supply chains, and the accelerating energy transition are reshaping critical infrastructure. These shifts are creating major opportunities in areas like grid interconnection, next-generation manufacturing, and the circular economy, all of which increasingly rely on digital tools to manage complexity and unlock value. With a thesis grounded in digital-first climate solutions and a track record of scaling companies in these evolving sectors, Energize is well-positioned to be a critical partner in this next chapter.
KEY QUOTES:
“Now on our third ventures fund, the Energize team has been investing in climate technologies and solutions across several cycles, and we’ve experienced firsthand how this space has evolved in both market size and complexity. Today more than ever, operators need specialist investors with deep domain expertise and operational know-how to help them scale their solutions and achieve enduring growth. We are excited to back the next generation of entrepreneurs and are honored to be supported by a group of world-class Limited Partners who align with our mission of investing in climate solutions with ambition.”
John Tough, managing partner at Energize Capital
“As an investor committed to accelerating the energy transition, Builders Vision values Energize’s deep industry insights and proven approach to scaling energy transition SaaS businesses. The close of Ventures Fund III is an opportunity for Energize to further enhance its in-depth research, valuable industry connections, and hands-on team, all of which are crucial for driving broader market adoption. By collaborating with forward-thinking companies and leveraging cutting-edge technology, Energize is fueling growth and contributing to the creation of a cleaner, more resilient energy ecosystem.”
Scott Gerdes, director of private investments at Builders Vision
