Angeleno Group

Angeleno Group is a private equity firm based in Los Angeles, California, established in 2001. The firm specializes in high-growth investments primarily within the energy sector, targeting innovative and rapidly expanding companies. Angeleno Group focuses on sectors such as energy, manufacturing, infrastructure, cleantech, and software-as-a-service. The firm recognizes significant opportunities arising from fundamental changes in the energy and environmental industries, driven by the need for energy independence, a stable energy infrastructure, and environmental sustainability. These themes encompass the entire energy value chain, from resource extraction and fuel conversion to energy distribution and consumption. Angeleno Group aims to support the development of innovative products and services that address global energy and environmental challenges, investing at various stages from seed to later-stage companies.

Nicole Hagen

Associate

Danny Jaffe

Vice President

Steven Lockard

Operating Partner

Finn Reed

Associate

Anil Tammineedi

Partner

Yaniv Tepper

Partner

Daniel Weiss

Co - Founder and Managing Partner

Thomas Zarrella

Operating Partner

37 past transactions

AZZO

Venture Round in 2024
Operator of a global engineering company focused on systems integration for energy management and renewable energy transformation. The company specializes in systems integration, energy IoT and lifecycle services ranging from simple energy monitoring systems to utility-scale power automation projects, with a strong focus on renewables, thus helping businesses achieve sustainability goals and reduce energy costs while increasing resilience and energy-related revenue along with guiding the industry toward a sustainable future.

REsurety

Series C in 2024
REsurety, Inc. is a Boston-based company that specializes in risk management for the clean energy sector, focusing primarily on wind power projects. Founded in 2012, REsurety acts as a risk transfer intermediary, helping project owners improve profitability by transferring volumetric risks to aggregators. The company offers specialized data and analytics services to assess, quantify, and optimize the value of wind volume hedging. Its technology facilitates the risk transfer process, enabling wind project developers, owners, sponsors, and risk underwriters to manage financial uncertainties associated with renewable energy investments. By leveraging physical science, big data, and financial engineering, REsurety assists clients in comprehensively understanding and mitigating the risks related to buying and selling energy derived from renewable sources.

Anza Renewables

Private Equity Round in 2023
Anza Renewables is a company that supports renewable energy development by offering a software solution designed for developers, independent power producers (IPPs), and engineering, procurement, and construction (EPC) clients. It operates as a solar and storage procurement firm, focusing on streamlining and enhancing the renewable development procurement process. Anza Renewables utilizes a proprietary engine that aggregates technical and financial data from a wide range of pre-vetted, top-tier equipment suppliers. This approach allows clients to efficiently develop, construct, and maintain renewable energy projects, thus facilitating the broader adoption of sustainable energy solutions.

Fictiv

Series E in 2022
Fictiv Inc. is a manufacturing platform based in San Francisco, California, that facilitates the design, development, and delivery of custom parts. Established in 2013, Fictiv provides an online interface that allows users to obtain instant quotes, review manufacturing feedback, and manage orders with a network of vetted vendors. The platform leverages distributed manufacturing techniques, utilizing 3D printing and CNC machining to optimize production and delivery timelines. Fictiv serves a diverse clientele, including engineers, designers, startups, and larger enterprises, having successfully manufactured over 25 million parts to date. By streamlining the sourcing and supply of mechanical components, Fictiv helps companies accelerate their product development processes and bring innovative solutions to market more efficiently.

Span

Series B in 2022
Span.IO designs and develops innovative residential energy storage solutions aimed at facilitating the adoption of renewable energy. The company's flagship product includes a smart electrical panel that replaces traditional panels, providing an intuitive interface for managing home energy use. This system allows users to monitor and control energy consumption remotely through a dedicated application, enhancing the overall consumer experience. Span.IO's team, composed of experts in energy, software, hardware, and consumer finance, leverages their collective knowledge in power generation and system integration to create products that promote environmental sustainability and energy efficiency. Through its technology, Span.IO aims to transform the energy sector by making home energy management more accessible and automated.

PrordrUK

Pre Seed Round in 2021
HRM, CRM for Enterprise Software. Prordr - a platform that allow company to easy create and monitor task to convert workload efficiency. Collaborate over projects with different company, multiple team and clients. Optimised for mobile and tablet. Our innovative platform empowers business convert task to be more powerful tools to achieve goals easier.

Edeniq

Venture Round in 2017
Edeniq Inc. is a biotechnology company specializing in the conversion of cellulosic biomass into industrial sugars and cellulosic ethanol. Founded in 2006 and headquartered in Visalia, California, the company has developed innovative technologies, including the Cellunator, a device that enhances starch extraction from corn, and the Intellulose platform, which allows for the production of cellulosic ethanol from corn kernel fiber. Edeniq's solutions are designed for easy integration into existing ethanol production facilities without requiring significant capital investment. The company licenses its technologies to bio-refineries in the United States and Brazil, helping them improve efficiency and increase the yield of valuable biofuels and biochemicals.

Edeniq

Venture Round in 2017
Edeniq Inc. is a biotechnology company specializing in the conversion of cellulosic biomass into industrial sugars and cellulosic ethanol. Founded in 2006 and headquartered in Visalia, California, the company has developed innovative technologies, including the Cellunator, a device that enhances starch extraction from corn, and the Intellulose platform, which allows for the production of cellulosic ethanol from corn kernel fiber. Edeniq's solutions are designed for easy integration into existing ethanol production facilities without requiring significant capital investment. The company licenses its technologies to bio-refineries in the United States and Brazil, helping them improve efficiency and increase the yield of valuable biofuels and biochemicals.

Patriot Environmental Services

Private Equity Round in 2016
Patriot Environmental Services is a full-service environmental contractor specializing in hazardous waste management and industrial cleaning services. The company caters to a diverse range of sectors, including manufacturing, agriculture, construction, healthcare, mining, oil and gas, transportation, and utilities. Patriot provides a comprehensive suite of services, including emergency spill response, hydro-excavation, full facility closure and remediation, as well as non-hazardous wastewater treatment and solidification. By leveraging the latest technology and adhering to stringent safety standards, Patriot Environmental Services aims to deliver reliable and cost-effective solutions to its clients while maintaining a commitment to professionalism and preparedness.

Renew Financial

Series D in 2016
Renew Financial specializes in providing innovative financing solutions that support efficiency and renewable energy initiatives. Founded in 2008 by Cisco DeVries, the company focuses on developing financing models that promote energy independence and facilitate the transition to a clean energy economy. Its key offerings include the PACE financing model and the Warehouse for Energy Efficiency Loans, which enable access to capital for residential energy efficiency projects. These financing options are designed to assist homeowners, contractors, and local governments in funding energy efficiency, renewable energy, and water efficiency improvements, with repayments often structured through property taxes. By connecting these stakeholders, Renew Financial aims to reduce energy consumption and contribute to job creation in local communities.

Stem

Series C in 2015
Stem brings and optimizes energy consumption to business through its distributed storage technology. Since 2009, Stem has been analyzing how various types of businesses use electricity and how they are charged for it. The company uses this information to design a solution that protects companies from unnecessarily high electricity costs without requiring any changes to the way they run their businesses. Stem combines big data, predictive analytics, and energy storage to reduce electric costs for businesses and in aggregate, deliver services to the grid.

Edeniq

Venture Round in 2015
Edeniq Inc. is a biotechnology company specializing in the conversion of cellulosic biomass into industrial sugars and cellulosic ethanol. Founded in 2006 and headquartered in Visalia, California, the company has developed innovative technologies, including the Cellunator, a device that enhances starch extraction from corn, and the Intellulose platform, which allows for the production of cellulosic ethanol from corn kernel fiber. Edeniq's solutions are designed for easy integration into existing ethanol production facilities without requiring significant capital investment. The company licenses its technologies to bio-refineries in the United States and Brazil, helping them improve efficiency and increase the yield of valuable biofuels and biochemicals.

Renew Financial

Venture Round in 2014
Renew Financial specializes in providing innovative financing solutions that support efficiency and renewable energy initiatives. Founded in 2008 by Cisco DeVries, the company focuses on developing financing models that promote energy independence and facilitate the transition to a clean energy economy. Its key offerings include the PACE financing model and the Warehouse for Energy Efficiency Loans, which enable access to capital for residential energy efficiency projects. These financing options are designed to assist homeowners, contractors, and local governments in funding energy efficiency, renewable energy, and water efficiency improvements, with repayments often structured through property taxes. By connecting these stakeholders, Renew Financial aims to reduce energy consumption and contribute to job creation in local communities.

Stem

Series B in 2013
Stem brings and optimizes energy consumption to business through its distributed storage technology. Since 2009, Stem has been analyzing how various types of businesses use electricity and how they are charged for it. The company uses this information to design a solution that protects companies from unnecessarily high electricity costs without requiring any changes to the way they run their businesses. Stem combines big data, predictive analytics, and energy storage to reduce electric costs for businesses and in aggregate, deliver services to the grid.

Verengo Solar

Venture Round in 2013
Verengo Solar is a Southern California-based company specializing in residential solar power systems. Founded in 2008 and headquartered in Torrance, California, it is recognized as the largest solar provider in the region. The company focuses on the installation, marketing, and sale of solar power plants and photovoltaic systems, offering customers an energy-efficient alternative to rising energy costs. Verengo Solar aims to deliver trusted solar solutions that promote cleaner energy use in households.

Soraa

Series C in 2012
Soraa is a cleantech startup that specializes in advanced LED technology and lasers, with a focus on creating high-quality, energy-efficient lighting solutions. The company has developed proprietary LED technology that utilizes pure gallium nitride substrates to deliver full spectrum color rendering, which mimics natural light. By prioritizing the impact of light on well-being, productivity, and emotion, Soraa aims to enhance the human experience through illumination. The company conducts extensive research to innovate and improve its products, ensuring that its lighting solutions not only serve functional purposes but also enrich the environments they illuminate. Through its commitment to scientific advancement, Soraa seeks to transform indoor lighting into an experience that resonates with users.

Edeniq

Venture Round in 2012
Edeniq Inc. is a biotechnology company specializing in the conversion of cellulosic biomass into industrial sugars and cellulosic ethanol. Founded in 2006 and headquartered in Visalia, California, the company has developed innovative technologies, including the Cellunator, a device that enhances starch extraction from corn, and the Intellulose platform, which allows for the production of cellulosic ethanol from corn kernel fiber. Edeniq's solutions are designed for easy integration into existing ethanol production facilities without requiring significant capital investment. The company licenses its technologies to bio-refineries in the United States and Brazil, helping them improve efficiency and increase the yield of valuable biofuels and biochemicals.

Stem

Series A in 2012
Stem brings and optimizes energy consumption to business through its distributed storage technology. Since 2009, Stem has been analyzing how various types of businesses use electricity and how they are charged for it. The company uses this information to design a solution that protects companies from unnecessarily high electricity costs without requiring any changes to the way they run their businesses. Stem combines big data, predictive analytics, and energy storage to reduce electric costs for businesses and in aggregate, deliver services to the grid.

ParkMe

Angel Round in 2011
ParkMe, Inc. specializes in delivering real-time and static parking data to various stakeholders, including navigation companies, municipalities, parking operators, and consumers. Founded in 2009 and based in Santa Monica, California, the company offers a comprehensive database that encompasses parking spaces worldwide, accessible through GPS systems, in-car navigation, and its mobile applications across multiple platforms. ParkMe's services enable users to find parking options based on their preferences for cost or proximity to their destination, providing essential details such as parking rates, hours of operation, payment methods, and real-time occupancy information. As a subsidiary of INRIX, Inc., ParkMe continues to enhance its offerings by leveraging partnerships with app developers, map makers, and GPS navigation providers.

Verengo Solar

Venture Round in 2011
Verengo Solar is a Southern California-based company specializing in residential solar power systems. Founded in 2008 and headquartered in Torrance, California, it is recognized as the largest solar provider in the region. The company focuses on the installation, marketing, and sale of solar power plants and photovoltaic systems, offering customers an energy-efficient alternative to rising energy costs. Verengo Solar aims to deliver trusted solar solutions that promote cleaner energy use in households.

Coda Automotive

Series D in 2011
Coda Automotive builds eco-friendly transportation -- chiefly electric cars -- to create a livable future for generations to come. Headquartered in Southern California, CODA Automotive teamed with American partners to develop an American designed and manufactured electric drivetrain as well as battery system electronics to serve as the foundation for the CODA car. They also partnered with the most highly proficient and advanced companies from around the world, from China to Europe, to build a safe and affordable all-electric car. All the while, CODA Automotive maintained control of brand, design, and critical intellectual property.

Edeniq

Series B in 2010
Edeniq Inc. is a biotechnology company specializing in the conversion of cellulosic biomass into industrial sugars and cellulosic ethanol. Founded in 2006 and headquartered in Visalia, California, the company has developed innovative technologies, including the Cellunator, a device that enhances starch extraction from corn, and the Intellulose platform, which allows for the production of cellulosic ethanol from corn kernel fiber. Edeniq's solutions are designed for easy integration into existing ethanol production facilities without requiring significant capital investment. The company licenses its technologies to bio-refineries in the United States and Brazil, helping them improve efficiency and increase the yield of valuable biofuels and biochemicals.

Amonix

Series B in 2010
Amonix is a leading technology company specializing in High Concentration Photovoltaic (HCPV) systems for solar power generation. With over 20 years of experience, Amonix develops solar power generators designed for cost-effective, utility-scale deployment. The company's HCPV systems utilize the highest efficiency solar cells, similar to those used in satellites, and employ lenses to concentrate sunlight, significantly reducing the amount of costly solar cell material required. This innovative approach enables Amonix to provide lower-cost solar electricity. Additionally, Amonix operates solar power plants that leverage its advanced CPV technology for commercial applications both in the United States and internationally.

Miles Electric Vehicles

Venture Round in 2009
Miles Electric Vehicles was founded in 2004 by entrepreneur/philanthropist Miles Rubin with a mission to rapidly develop advanced all electric vehicles to meet the needs of organizations and everyday drivers, while using no gas and producing zero tailpipe emissions.

TPI Composites

Series B in 2009
TPI Composites, Inc. is a manufacturer specializing in composite wind blades and related precision molding and assembly systems, primarily serving original equipment manufacturers in the wind energy and transportation sectors. Founded in 1968 and headquartered in Scottsdale, Arizona, the company has established a strong presence across various regions, including the United States, Mexico, Asia, Europe, the Middle East, Africa, and India. In addition to wind energy applications, TPI produces composite solutions for transportation, including structures for buses, rail systems, theme parks, and trucks. The company's manufacturing facilities enable efficient production and delivery of high-strength, lightweight, and durable composite structures tailored to meet the demanding needs of its diverse clientele.

SunLink Corporation

Venture Round in 2009
Sunlink Corporation is a Mill Valley, California-based company that specializes in developing and engineering products and solutions for the solar industry across the Americas. Founded in 2007, Sunlink offers a range of products including tracker racking systems, fixed tilt ground mount systems, modular roof mount systems, solar combiner boxes, and wire management tools designed for commercial and utility-scale photovoltaic projects. The company also provides VERTEX, a project intelligence platform that facilitates supervisory control, data acquisition, and performance monitoring. In addition to its product offerings, Sunlink delivers comprehensive services including project management, engineering, turnkey installation, and operations and maintenance. With a focus on innovation and strong research and development, Sunlink aims to enhance the efficiency and reliability of solar energy installations, supporting the broader goal of advancing solar power adoption.

New Forests

Series B in 2009
New Forests is an investment management and advisory firm that focuses on sustainable timber plantations and rural land investments. The company specializes in managing assets for institutional investors, emphasizing the dual objectives of production and conservation. Its portfolio includes timberland and environmental markets related to carbon, water, and biodiversity. New Forests aims to support ecosystem restoration and protection while delivering financial returns to its clients. By integrating sustainable practices into its investment strategies, the firm seeks to address the challenges associated with land use and environmental sustainability.

PowerGenix

Funding Round in 2008
PowerGenix specializes in the manufacturing of nickel-zinc rechargeable batteries designed for mission-critical applications. Their products are utilized in various sectors, including data centers, intelligent transportation, cordless power tools, hybrid electric vehicles, uninterruptible power supply (UPS) systems, personal mobility devices, and medical devices. By focusing on sustainable solutions, PowerGenix aims to provide efficient and reliable battery technologies that support diverse industries while promoting environmental responsibility.

Edeniq

Series A in 2008
Edeniq Inc. is a biotechnology company specializing in the conversion of cellulosic biomass into industrial sugars and cellulosic ethanol. Founded in 2006 and headquartered in Visalia, California, the company has developed innovative technologies, including the Cellunator, a device that enhances starch extraction from corn, and the Intellulose platform, which allows for the production of cellulosic ethanol from corn kernel fiber. Edeniq's solutions are designed for easy integration into existing ethanol production facilities without requiring significant capital investment. The company licenses its technologies to bio-refineries in the United States and Brazil, helping them improve efficiency and increase the yield of valuable biofuels and biochemicals.

Miles Electric Vehicles

Venture Round in 2008
Miles Electric Vehicles was founded in 2004 by entrepreneur/philanthropist Miles Rubin with a mission to rapidly develop advanced all electric vehicles to meet the needs of organizations and everyday drivers, while using no gas and producing zero tailpipe emissions.

TPI Composites

Series A in 2007
TPI Composites, Inc. is a manufacturer specializing in composite wind blades and related precision molding and assembly systems, primarily serving original equipment manufacturers in the wind energy and transportation sectors. Founded in 1968 and headquartered in Scottsdale, Arizona, the company has established a strong presence across various regions, including the United States, Mexico, Asia, Europe, the Middle East, Africa, and India. In addition to wind energy applications, TPI produces composite solutions for transportation, including structures for buses, rail systems, theme parks, and trucks. The company's manufacturing facilities enable efficient production and delivery of high-strength, lightweight, and durable composite structures tailored to meet the demanding needs of its diverse clientele.

Konarka Technologies

Series F in 2007
Konarka Technologies, Inc. develops and advances nano-enabled polymer photovoltaic materials for commercial, industrial, government, and consumer applications. It provides standard products to serve portable power needs; and custom solutions, such as roll up chargers, personal accessories, and fold up chargers. The company's products are used in outdoor, portable power, indoor and remote sensing, and mission critical applications. It has strategic partnerships with Air Products, 24 Innovations, Kurz, SkyShades, Chevron, Merck, Toppan Forms, Dupont, Siemens, and the U.S. Air Force. Konarka Technologies, Inc. was founded in 2001 and is headquartered in Lowell, Massachusetts with business development offices in Asia. It has a research and development facility in Austria. The company has operations in the United States, Europe, and Asia.

Eka Systems

Series C in 2007
Eka Systems specializes in the development of energy data communication networks that facilitate energy management and utility operations. The company serves as a global manufacturer and supplier of self-managing smart networks designed for electric, water, and gas utilities. Its technology enables these utilities to effectively monitor and control metering and data, enhancing operational efficiency and customer service. By providing advanced wireless smart network solutions and metering infrastructure, Eka Systems supports utilities in managing their resources and improving their overall performance.

Verdiem

Series D in 2007
Verdiem is a green IT company headquartered in Seattle, with additional offices in the US and UK, specializing in enterprise software solutions that reduce energy consumption across PC networks. Founded in 2001, Verdiem's SURVEYOR software enhances business profitability and sustainability by effectively monitoring, measuring, and managing IT energy use and associated greenhouse gas emissions. The company collaborates with technology and energy efficiency leaders to provide top-tier solutions for global businesses and individuals, focusing on energy management to drive environmental and economic benefits.

PowerGenix

Series C in 2006
PowerGenix specializes in the manufacturing of nickel-zinc rechargeable batteries designed for mission-critical applications. Their products are utilized in various sectors, including data centers, intelligent transportation, cordless power tools, hybrid electric vehicles, uninterruptible power supply (UPS) systems, personal mobility devices, and medical devices. By focusing on sustainable solutions, PowerGenix aims to provide efficient and reliable battery technologies that support diverse industries while promoting environmental responsibility.

Verdiem

Venture Round in 2006
Verdiem is a green IT company headquartered in Seattle, with additional offices in the US and UK, specializing in enterprise software solutions that reduce energy consumption across PC networks. Founded in 2001, Verdiem's SURVEYOR software enhances business profitability and sustainability by effectively monitoring, measuring, and managing IT energy use and associated greenhouse gas emissions. The company collaborates with technology and energy efficiency leaders to provide top-tier solutions for global businesses and individuals, focusing on energy management to drive environmental and economic benefits.

Verdiem

Series C in 2005
Verdiem is a green IT company headquartered in Seattle, with additional offices in the US and UK, specializing in enterprise software solutions that reduce energy consumption across PC networks. Founded in 2001, Verdiem's SURVEYOR software enhances business profitability and sustainability by effectively monitoring, measuring, and managing IT energy use and associated greenhouse gas emissions. The company collaborates with technology and energy efficiency leaders to provide top-tier solutions for global businesses and individuals, focusing on energy management to drive environmental and economic benefits.
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