Braemar Energy Ventures

Braemar Energy Ventures is a New York–based venture capital firm that focuses exclusively on technology and communications opportunities in the energy sector. Founded in the early 2000s by four principals with deep investment, financing, and operating experience in energy, the firm targets early‑stage companies across energy technology, mobility, power, resource revolution, and infrastructure. It helps portfolio companies mature by providing strategic guidance and financing expertise, leveraging industry knowledge to address long‑term challenges and enable management teams to focus on execution and growth as they integrate into the broader energy market.

Diane Bao

Associate

John Cavalier JD

Venture Partner

Dennis Costello

Partner

William Lese

Managing Partner

Jiong Ma

Venture Partner

Past deals in Energy

Utilidata

Series B in 2022
Utilidata develops energy software that optimizes power grids using real-time distributed intelligence. Its platform, Utilidata, analyzes grid conditions continuously, integrates renewable sources seamlessly, detects anomalies, and improves operational efficiency. Founded in 1983, the company is headquartered in Providence, Rhode Island.

LO3 Energy

Series B in 2021
LO3 Energy develops and operates Pando, a marketplace that connects energy suppliers with customers to create, deploy, and monetize energy products and services for retail utility and energy sectors. It builds tools and projects to accelerate the distributed energy economy, including blockchain-based platforms for community microgrids that enable utility and energy retail clients to form differentiated offerings in open, competitive electricity markets. The company focuses on technology and business development around decentralized energy models and computation sharing, supporting the proliferation of distributed energy resources and related services. Headquartered in Portland, Oregon, LO3 Energy was founded in 2012.

Utilidata

Series C in 2020
Utilidata develops energy software that optimizes power grids using real-time distributed intelligence. Its platform, Utilidata, analyzes grid conditions continuously, integrates renewable sources seamlessly, detects anomalies, and improves operational efficiency. Founded in 1983, the company is headquartered in Providence, Rhode Island.

ChargePoint

Series H in 2020
ChargePoint operates the world's largest electric vehicle (EV) charging network, offering public charging stations, consumer subscription plans, and utility grid management technology. Its app enables users to find, start, and track charging sessions.

Enerkem

Corporate Round in 2019
Enerkem transforms non-recyclable waste into renewable biofuels and chemicals. Its proprietary thermochemical process converts municipal solid waste into biofuels like ethanol, addressing oil dependence and waste disposal challenges.

ChargePoint

Series H in 2018
ChargePoint operates the world's largest electric vehicle (EV) charging network, offering public charging stations, consumer subscription plans, and utility grid management technology. Its app enables users to find, start, and track charging sessions.

Enerkem

Corporate Round in 2018
Enerkem transforms non-recyclable waste into renewable biofuels and chemicals. Its proprietary thermochemical process converts municipal solid waste into biofuels like ethanol, addressing oil dependence and waste disposal challenges.

LO3 Energy

Venture Round in 2017
LO3 Energy develops and operates Pando, a marketplace that connects energy suppliers with customers to create, deploy, and monetize energy products and services for retail utility and energy sectors. It builds tools and projects to accelerate the distributed energy economy, including blockchain-based platforms for community microgrids that enable utility and energy retail clients to form differentiated offerings in open, competitive electricity markets. The company focuses on technology and business development around decentralized energy models and computation sharing, supporting the proliferation of distributed energy resources and related services. Headquartered in Portland, Oregon, LO3 Energy was founded in 2012.

ChargePoint

Series G in 2017
ChargePoint operates the world's largest electric vehicle (EV) charging network, offering public charging stations, consumer subscription plans, and utility grid management technology. Its app enables users to find, start, and track charging sessions.

Renew Financial

Venture Round in 2016
Founded in 2008, Renew Financial specializes in financing solutions for contractors and homeowners to promote energy efficiency and renewable energy projects. Its key products include Property-Assessed Clean Energy (PACE) financing and the Warehouse for Energy Efficiency Loans, facilitating investments from institutional investors.

ChargePoint

Series F in 2016
ChargePoint operates the world's largest electric vehicle (EV) charging network, offering public charging stations, consumer subscription plans, and utility grid management technology. Its app enables users to find, start, and track charging sessions.

General Fusion

Venture Round in 2015
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

BrightVolt

Venture Round in 2015
BrightVolt, Inc. is a company focused on the design, development, and large-scale manufacturing of ultra-thin film batteries tailored to power a range of Internet-connected devices, including medical patches, sensor labels, and power cards. It specializes in creating custom solid-state thin film batteries and power solutions for clients' Internet of Things (IoT) devices, along with its proprietary Flexion solid-state thin film lithium polymer batteries and microelectronic components. BrightVolt's innovative technologies enhance battery chemistry, offering increased stability and safety in lithium-polymer batteries. The company's products are distributed both in the United States and internationally. Founded in 1998 and headquartered in Redmond, Washington, BrightVolt was previously known as Solicore, Inc.

NexSteppe

Series C in 2014
NexSteppe, Inc. is a company focused on developing and commercializing specialized crops that serve as raw materials for biofuels, biopower, biogas, and biobased products. Founded in 2010 and headquartered in Scottsdale, Arizona, NexSteppe offers innovative varieties such as Malibu sweet sorghum and Palo Alto biomass sorghum, primarily utilized for energy production in the United States and Brazil. The company employs advanced breeding techniques and analytical technologies to create tailored feedstocks, including sweet sorghum, high biomass sorghum, and switchgrass. Additionally, NexSteppe enhances crop management practices and supply chain operations to deliver comprehensive, integrated feedstock solutions, contributing to a more sustainable future for the economy and energy supply.

Next Step Living

Series D in 2014
Next Step Living provides home energy evaluations and solutions for individuals and organizations. It offers energy assessment and diagnostics, air sealing and insulation, and multi-family retrofit services. The company also provides customized solutions, such as HVAC repair and replacement, window replacement and installation, solar or geothermal systems installation, building automation, interior and exterior lighting design, and custom retrofit services. Its sustainability solutions include water efficiency and purification, landscape design and management, and indoor air quality services. The company provides assessment and diagnostic processes to heating and cooling, domestic hot water, and electricity and lighting needs. Next Step Living partners with more than 400 municipalities, civic organizations, contractors, and corporations to deliver energy-efficient and environmental-friendly solutions to its customers. Those solutions include home energy assessments, weatherization work, energy-efficient windows, efficient heating, and cooling solutions, and access to solar solutions. Next Step Living was founded in 2008 by Geoff Chapin and is based in Boston, Massachusetts.

ChargePoint

Series E in 2014
ChargePoint operates the world's largest electric vehicle (EV) charging network, offering public charging stations, consumer subscription plans, and utility grid management technology. Its app enables users to find, start, and track charging sessions.

BrightVolt

Series A in 2013
BrightVolt, Inc. is a company focused on the design, development, and large-scale manufacturing of ultra-thin film batteries tailored to power a range of Internet-connected devices, including medical patches, sensor labels, and power cards. It specializes in creating custom solid-state thin film batteries and power solutions for clients' Internet of Things (IoT) devices, along with its proprietary Flexion solid-state thin film lithium polymer batteries and microelectronic components. BrightVolt's innovative technologies enhance battery chemistry, offering increased stability and safety in lithium-polymer batteries. The company's products are distributed both in the United States and internationally. Founded in 1998 and headquartered in Redmond, Washington, BrightVolt was previously known as Solicore, Inc.

Sefaira

Series D in 2013
Sefaira is a software company that focuses on energy-efficient building design. It offers tools that enable architects, engineers, and building designers to conduct real-time performance analysis of their designs. By facilitating the comparison of various design strategies and associated costs, Sefaira enhances decision-making processes in building projects. The software performs comprehensive physics-based analyses, assessing factors such as water usage, carbon emissions, and the potential for renewable energy integration. This allows users to explore a wide range of design options, ultimately contributing to the creation of high-performing, sustainable buildings.

CoalTek

Convertible Note in 2013
CoalTek, Inc. specializes in the production of high-quality coal by converting lower-grade coal into a cleaner energy fuel with reduced environmental impact. Founded in 1998 and headquartered in Tucker, Georgia, the company employs a proprietary volumetric heating process that targets moisture within the coal, utilizing 50-70 percent less energy compared to traditional thermal methods. This technology, developed over eight years by co-founder Dr. Jerry Weinberg and chief geologist Neil Ginther, effectively reduces the moisture content in various types of coal, enhancing plant efficiency and ensuring compliance with environmental standards. CoalTek opened its first commercial processing facility in Calvert City, Kentucky, in 2006, with an initial capacity of 120,000 tons per year, and plans for future expansions and additional facilities to meet the increasing demand for clean coal solutions.

General Fusion

Series C in 2013
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

Enerkem

Private Equity Round in 2013
Enerkem transforms non-recyclable waste into renewable biofuels and chemicals. Its proprietary thermochemical process converts municipal solid waste into biofuels like ethanol, addressing oil dependence and waste disposal challenges.

ChargePoint

Series D in 2012
ChargePoint operates the world's largest electric vehicle (EV) charging network, offering public charging stations, consumer subscription plans, and utility grid management technology. Its app enables users to find, start, and track charging sessions.

Sefaira

Series A in 2012
Sefaira is a software company that focuses on energy-efficient building design. It offers tools that enable architects, engineers, and building designers to conduct real-time performance analysis of their designs. By facilitating the comparison of various design strategies and associated costs, Sefaira enhances decision-making processes in building projects. The software performs comprehensive physics-based analyses, assessing factors such as water usage, carbon emissions, and the potential for renewable energy integration. This allows users to explore a wide range of design options, ultimately contributing to the creation of high-performing, sustainable buildings.

Lumenergi

Series B in 2012
Lumenergi is a leading provider of network-controlled lighting energy management solutions that allows commercial customers to optimize their lighting systems for significant energy savings and enhanced control over visual environments. The company's technology enables the integration of both existing and new lighting infrastructure, offering scalability from individual rooms to entire buildings. Lumenergi's intuitive management system simplifies maintenance and customization, helping clients comply with building codes while maximizing energy efficiency through strategic approaches and public utility incentives. With a robust portfolio of installed square footage and a proven track record in lighting technology, Lumenergi positions itself as a prominent player in the energy management sector.

NexSteppe

Venture Round in 2012
NexSteppe, Inc. is a company focused on developing and commercializing specialized crops that serve as raw materials for biofuels, biopower, biogas, and biobased products. Founded in 2010 and headquartered in Scottsdale, Arizona, NexSteppe offers innovative varieties such as Malibu sweet sorghum and Palo Alto biomass sorghum, primarily utilized for energy production in the United States and Brazil. The company employs advanced breeding techniques and analytical technologies to create tailored feedstocks, including sweet sorghum, high biomass sorghum, and switchgrass. Additionally, NexSteppe enhances crop management practices and supply chain operations to deliver comprehensive, integrated feedstock solutions, contributing to a more sustainable future for the economy and energy supply.

Utilidata

Venture Round in 2012
Utilidata develops energy software that optimizes power grids using real-time distributed intelligence. Its platform, Utilidata, analyzes grid conditions continuously, integrates renewable sources seamlessly, detects anomalies, and improves operational efficiency. Founded in 1983, the company is headquartered in Providence, Rhode Island.

NexSteppe

Series B in 2011
NexSteppe, Inc. is a company focused on developing and commercializing specialized crops that serve as raw materials for biofuels, biopower, biogas, and biobased products. Founded in 2010 and headquartered in Scottsdale, Arizona, NexSteppe offers innovative varieties such as Malibu sweet sorghum and Palo Alto biomass sorghum, primarily utilized for energy production in the United States and Brazil. The company employs advanced breeding techniques and analytical technologies to create tailored feedstocks, including sweet sorghum, high biomass sorghum, and switchgrass. Additionally, NexSteppe enhances crop management practices and supply chain operations to deliver comprehensive, integrated feedstock solutions, contributing to a more sustainable future for the economy and energy supply.

Enerkem

Private Equity Round in 2011
Enerkem transforms non-recyclable waste into renewable biofuels and chemicals. Its proprietary thermochemical process converts municipal solid waste into biofuels like ethanol, addressing oil dependence and waste disposal challenges.

BrightVolt

Venture Round in 2011
BrightVolt, Inc. is a company focused on the design, development, and large-scale manufacturing of ultra-thin film batteries tailored to power a range of Internet-connected devices, including medical patches, sensor labels, and power cards. It specializes in creating custom solid-state thin film batteries and power solutions for clients' Internet of Things (IoT) devices, along with its proprietary Flexion solid-state thin film lithium polymer batteries and microelectronic components. BrightVolt's innovative technologies enhance battery chemistry, offering increased stability and safety in lithium-polymer batteries. The company's products are distributed both in the United States and internationally. Founded in 1998 and headquartered in Redmond, Washington, BrightVolt was previously known as Solicore, Inc.

General Fusion

Series B in 2011
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

Viridity Energy

Series B in 2011
Viridity Energy, Inc. is a Philadelphia-based company that specializes in demand response, demand management, and battery storage solutions. Founded in 2008, it provides a software platform known as VPower, which employs peak-shaving algorithms and automated real-time sales to enhance cash revenue for commercial and industrial power users. The platform allows clients to optimize their energy profiles by forecasting market power prices and managing the complexity of their asset portfolios. Through strategic partnerships, Viridity Energy enables customers to engage more effectively with wholesale electric power markets, ultimately transforming energy usage into financial returns. As of March 2017, Viridity Energy operates as a subsidiary of Ormat Technologies, Inc.

Ciris Energy

Series B in 2011
Ciris Energy, Inc. is a technology company founded in 2007 and based in Centennial, Colorado. It specializes in the development of proprietary technologies aimed at producing electricity from buried coal and other hydrocarbon deposits. The company focuses on biologically converting coal to methane in large-scale quantities, striving to create a more environmentally responsible and economically efficient method of producing natural gas from coal. Through its innovative approaches, Ciris Energy seeks to enable clients to access coal as a renewable form of energy.

Lumenergi

Series B in 2010
Lumenergi is a leading provider of network-controlled lighting energy management solutions that allows commercial customers to optimize their lighting systems for significant energy savings and enhanced control over visual environments. The company's technology enables the integration of both existing and new lighting infrastructure, offering scalability from individual rooms to entire buildings. Lumenergi's intuitive management system simplifies maintenance and customization, helping clients comply with building codes while maximizing energy efficiency through strategic approaches and public utility incentives. With a robust portfolio of installed square footage and a proven track record in lighting technology, Lumenergi positions itself as a prominent player in the energy management sector.

Enerkem

Private Equity Round in 2010
Enerkem transforms non-recyclable waste into renewable biofuels and chemicals. Its proprietary thermochemical process converts municipal solid waste into biofuels like ethanol, addressing oil dependence and waste disposal challenges.

Ciris Energy

Series A in 2010
Ciris Energy, Inc. is a technology company founded in 2007 and based in Centennial, Colorado. It specializes in the development of proprietary technologies aimed at producing electricity from buried coal and other hydrocarbon deposits. The company focuses on biologically converting coal to methane in large-scale quantities, striving to create a more environmentally responsible and economically efficient method of producing natural gas from coal. Through its innovative approaches, Ciris Energy seeks to enable clients to access coal as a renewable form of energy.

BrightVolt

Series D in 2009
BrightVolt, Inc. is a company focused on the design, development, and large-scale manufacturing of ultra-thin film batteries tailored to power a range of Internet-connected devices, including medical patches, sensor labels, and power cards. It specializes in creating custom solid-state thin film batteries and power solutions for clients' Internet of Things (IoT) devices, along with its proprietary Flexion solid-state thin film lithium polymer batteries and microelectronic components. BrightVolt's innovative technologies enhance battery chemistry, offering increased stability and safety in lithium-polymer batteries. The company's products are distributed both in the United States and internationally. Founded in 1998 and headquartered in Redmond, Washington, BrightVolt was previously known as Solicore, Inc.

CoalTek

Series D in 2009
CoalTek, Inc. specializes in the production of high-quality coal by converting lower-grade coal into a cleaner energy fuel with reduced environmental impact. Founded in 1998 and headquartered in Tucker, Georgia, the company employs a proprietary volumetric heating process that targets moisture within the coal, utilizing 50-70 percent less energy compared to traditional thermal methods. This technology, developed over eight years by co-founder Dr. Jerry Weinberg and chief geologist Neil Ginther, effectively reduces the moisture content in various types of coal, enhancing plant efficiency and ensuring compliance with environmental standards. CoalTek opened its first commercial processing facility in Calvert City, Kentucky, in 2006, with an initial capacity of 120,000 tons per year, and plans for future expansions and additional facilities to meet the increasing demand for clean coal solutions.

Cerion Technology

Series A in 2007
Cerion Technology produces diesel and power products.

Enerkem

Venture Round in 2007
Enerkem transforms non-recyclable waste into renewable biofuels and chemicals. Its proprietary thermochemical process converts municipal solid waste into biofuels like ethanol, addressing oil dependence and waste disposal challenges.

EnerNOC

Series C in 2007
EnerNOC provides technology-enabled energy management solutions to assist utilities and grid operators in maintaining the real-time balance between supply and demand. Their services help optimize energy usage and improve grid reliability for their clients.

EnerNOC

Series B in 2006
EnerNOC provides technology-enabled energy management solutions to assist utilities and grid operators in maintaining the real-time balance between supply and demand. Their services help optimize energy usage and improve grid reliability for their clients.

CoalTek

Series B in 2006
CoalTek, Inc. specializes in the production of high-quality coal by converting lower-grade coal into a cleaner energy fuel with reduced environmental impact. Founded in 1998 and headquartered in Tucker, Georgia, the company employs a proprietary volumetric heating process that targets moisture within the coal, utilizing 50-70 percent less energy compared to traditional thermal methods. This technology, developed over eight years by co-founder Dr. Jerry Weinberg and chief geologist Neil Ginther, effectively reduces the moisture content in various types of coal, enhancing plant efficiency and ensuring compliance with environmental standards. CoalTek opened its first commercial processing facility in Calvert City, Kentucky, in 2006, with an initial capacity of 120,000 tons per year, and plans for future expansions and additional facilities to meet the increasing demand for clean coal solutions.

BrightVolt

Series C in 2005
BrightVolt, Inc. is a company focused on the design, development, and large-scale manufacturing of ultra-thin film batteries tailored to power a range of Internet-connected devices, including medical patches, sensor labels, and power cards. It specializes in creating custom solid-state thin film batteries and power solutions for clients' Internet of Things (IoT) devices, along with its proprietary Flexion solid-state thin film lithium polymer batteries and microelectronic components. BrightVolt's innovative technologies enhance battery chemistry, offering increased stability and safety in lithium-polymer batteries. The company's products are distributed both in the United States and internationally. Founded in 1998 and headquartered in Redmond, Washington, BrightVolt was previously known as Solicore, Inc.

CoalTek

Series A in 2005
CoalTek, Inc. specializes in the production of high-quality coal by converting lower-grade coal into a cleaner energy fuel with reduced environmental impact. Founded in 1998 and headquartered in Tucker, Georgia, the company employs a proprietary volumetric heating process that targets moisture within the coal, utilizing 50-70 percent less energy compared to traditional thermal methods. This technology, developed over eight years by co-founder Dr. Jerry Weinberg and chief geologist Neil Ginther, effectively reduces the moisture content in various types of coal, enhancing plant efficiency and ensuring compliance with environmental standards. CoalTek opened its first commercial processing facility in Calvert City, Kentucky, in 2006, with an initial capacity of 120,000 tons per year, and plans for future expansions and additional facilities to meet the increasing demand for clean coal solutions.

EnerNOC

Series B in 2005
EnerNOC provides technology-enabled energy management solutions to assist utilities and grid operators in maintaining the real-time balance between supply and demand. Their services help optimize energy usage and improve grid reliability for their clients.

EnerNOC

Series A in 2004
EnerNOC provides technology-enabled energy management solutions to assist utilities and grid operators in maintaining the real-time balance between supply and demand. Their services help optimize energy usage and improve grid reliability for their clients.

EnerNOC

Series A in 2003
EnerNOC provides technology-enabled energy management solutions to assist utilities and grid operators in maintaining the real-time balance between supply and demand. Their services help optimize energy usage and improve grid reliability for their clients.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.