Clean Energy Venture Group

Clean Energy Venture Group is an angel investment group based in Boston, Massachusetts, dedicated to providing seed capital and management expertise to early-stage clean energy companies. Comprising experienced executives from the energy and environmental sectors, the group enhances its financial support with valuable industry knowledge and a robust professional network, helping startups achieve their objectives. While primarily focused on the Northeast United States, Clean Energy Venture Group has also collaborated with companies across the country and in Canada. Additionally, the group manages Clean Energy Venture Fund I, which targets investments in various sectors, including cleantech, manufacturing, and wellness, further reinforcing its commitment to advancing clean energy innovations.

John D. Santoleri

Partner

53 past transactions

Kuva Systems

Series A in 2023
Kuva Systems, known formally as MultiSensor Scientific, Inc., specializes in the development and manufacturing of advanced tools for detecting, visualizing, and quantifying methane leaks in the natural gas supply chain. The company offers a Leak Imaging and Quantification System (LIQS), which integrates infrared detection technology, sophisticated electronics, and an intuitive user interface. This system is designed to identify and assess methane emissions in real time, utilizing proprietary algorithms for accurate location and quantification. Kuva Systems also provides software solutions that generate color images of gas leaks, catering to the leak inspection and gas safety industries. Founded in 2015 and based in Cambridge, Massachusetts, the company is focused on enhancing gas detection and safety through innovative imaging technologies.

Electrified Thermal Solutions

Venture Round in 2022
Electrified Thermal Solutions is a company focused on decarbonizing industrial processes by replacing fossil fuels with renewable heat. Founded in 2021 and based in Medford, Massachusetts, the company originated from research conducted at MIT's Department of Nuclear Science and Engineering. Its innovative approach involves developing energy storage technology that converts intermittent renewable electricity into constant heat using low-cost conductive ceramic blocks. This technology enables various industrial sectors to utilize zero-carbon heat, contributing to a significant reduction in energy consumption's carbon footprint. Through its efforts, Electrified Thermal Solutions aims to facilitate an energy revolution that promotes sustainability in industrial applications.

Energetic Insurance

Series A in 2021
Energetic Insurance, Inc. is an InsurTech company based in Boston, Massachusetts, founded in 2016. The company specializes in providing solar insurance solutions aimed at mitigating credit and counterparty risks associated with commercial and industrial solar photovoltaic projects. Its flagship product, EneRate, offers coverage for third-party solar developers and asset owners, protecting them against payment default risks and revenue losses when off-takers fail to meet their Power Purchase Agreement (PPA) obligations. Additionally, Energetic Insurance has developed a systematic approach to address off-taker payment defaults, thereby facilitating solar financing for organizations that are unrated or classified as below investment grade. This innovative, data-driven methodology aims to enhance risk management within the renewable energy sector, promoting increased project deployment and capital investment in solar initiatives.

Leading Edge Equipment Technologies

Convertible Note in 2021
Leading Edge Equipment Technologies, based in Gloucester, Massachusetts, specializes in the development and manufacturing of kerfless, single crystal silicon wafers designed for use in solar panels. Founded in 2016, the company focuses on creating wafers that enhance efficiency and reduce costs while seamlessly integrating into existing module manufacturing processes without necessitating any modifications.

60Hertz Energy

Series A in 2021
60Hertz provides a Maintenance Management Software platform designed specifically for people managing remote energy assets such as microgrids.

Pearl Certification

Series A in 2021
Pearl Certification, founded in 2015 and based in Virginia, specializes in providing home energy efficiency certification programs. The company offers independent verification of home features that enhance comfort, energy performance, and indoor air quality. By collaborating with real estate agents, contractors, and builders, Pearl supports homeowners in increasing the value of their properties, thereby instilling greater buyer confidence during real estate transactions. Its certification process serves as a vital resource for homeowners seeking to document their property’s energy efficiency and sustainability, which can be particularly beneficial for refinancing or resale purposes.

Ndustrial

Series A in 2021
ndustrial.io offers analytical engines that help businesses control production, improve energy efficiency, and eliminate waste. They help organizations, primarily mid-tier manufacturers, become more competitive through energy efficiency, waste elimination, and other fiscally responsible, environmentally intelligent solutions. With a proprietary industrial operating system, the company integrates legacy data, streamlines deployments of new Industrial IoT assets, and hosts model predictive control algorithms. ndustrial.io services include energy efficiency retrofits, real-time energy analytics and sustainability monitoring software, renewable energy technologies, and sustainability consulting. It also deploys real-time cloud=based applications for factories and industrial facilities around the world. ndustrial.io was founded in 2015 and is based in Durham, North Carolina, United States.

Volexion

Seed Round in 2021
Volexion Inc. manufactures lithium ion batteries. The company was incorporated in 2018 and is based in Chicago, Illinois.

Nth Cycle

Venture Round in 2021
Nth Cycle is a start-up company designed to redefine the electronics manufacturing supply chain through low-cost electronics recycling. It aims to disrupt the electronics manufacturing and recycling industries by changing their linear material model into a more efficient, circular one. It helps transition the U.S. away from its reliance on primary mining and refining of metals overseas to the recycling of rare earth and specialty metals domestically both the manufacturing process of electronics and the recycling of the rare earth from devices at their end-of-life.

LineVision

Series B in 2021
LineVision, Inc. specializes in developing transmission line monitoring systems tailored for utilities. Founded in 2018 and based in Somerville, Massachusetts, the company offers a suite of advanced, non-contact sensors and analytics that enhance transmission line capacity, resilience, and safety. Its monitoring solutions provide utilities with crucial visibility into asset health, enabling optimized asset management without requiring outages or specialized equipment. The system includes features such as dynamic line ratings, secure web interfaces, and comprehensive data analytics, allowing for reliable assessment and profiling of transmission conductors. This innovative approach equips utilities with the tools necessary to improve the performance of the electric power grid.

ClearTrace

Series A in 2020
ClearTrace is a software company that provides automated energy and carbon accounting for investors, enterprises, and real estate owners. Its digital assets represent the purest form of proof and immutability for the real-world impact of energy generation and consumption. ClearTrace allows companies to stand behind their claims of carbon reductions, sustainability, and renewable energy to prevent greenwashing and provide a source of truth for corporate decarbonization. The company was founded in 2017 and is headquartered in Austin, Texas.
Leading Edge Equipment Technologies, based in Gloucester, Massachusetts, specializes in the development and manufacturing of kerfless, single crystal silicon wafers designed for use in solar panels. Founded in 2016, the company focuses on creating wafers that enhance efficiency and reduce costs while seamlessly integrating into existing module manufacturing processes without necessitating any modifications.

SunDensity

Seed Round in 2020
SunDensity Inc. specializes in the research, design, and development of innovative Photonic Smart Coating (PSC™) technology. This technology facilitates the up and down conversion of wavelengths in white light, addressing inefficiencies in photonics. SunDensity's patent-pending PSC™ has demonstrated significant potential in various applications, including reducing the cost of electricity generated by solar photovoltaic systems, enhancing the thermal and optical properties of architectural glass, and improving the quantum efficiency of optoelectronic devices. Founded in 2016, SunDensity is headquartered in Boston, Massachusetts, with an additional office located in Rochester, New York.

Aqua Membranes

Venture Round in 2020
Aqua Membranes LLC specializes in the manufacture of reverse osmosis (RO) membrane filtration systems for both commercial and household applications. Founded in 2011 and based in Albuquerque, New Mexico, the company utilizes innovative three-dimensional printed spacer technology to enhance membrane performance. This technology replaces traditional extruded mesh feed spacers with customized raised patterns that optimize flow patterns and turbulence, effectively reducing the entrapment of particulates and organic fouling. As a result, Aqua Membranes' products achieve increased permeate flow, improved flux and recovery, lower system pressure drop, and extended operational life for membrane elements. The technology is particularly beneficial for spiral-wound membrane manufacturers looking to enhance their product offerings, providing durable and low-maintenance solutions that can handle challenging feed conditions. Additionally, Aqua Membranes' advanced designs significantly lower both capital and operating expenses associated with membrane plant operations.

Kuva Systems

Venture Round in 2020
Kuva Systems, known formally as MultiSensor Scientific, Inc., specializes in the development and manufacturing of advanced tools for detecting, visualizing, and quantifying methane leaks in the natural gas supply chain. The company offers a Leak Imaging and Quantification System (LIQS), which integrates infrared detection technology, sophisticated electronics, and an intuitive user interface. This system is designed to identify and assess methane emissions in real time, utilizing proprietary algorithms for accurate location and quantification. Kuva Systems also provides software solutions that generate color images of gas leaks, catering to the leak inspection and gas safety industries. Founded in 2015 and based in Cambridge, Massachusetts, the company is focused on enhancing gas detection and safety through innovative imaging technologies.

SparkMeter

Series A in 2020
SparkMeter, Inc. specializes in developing electricity metering systems tailored for rural and central utilities in developing markets. The company offers a range of products, including the SM16R for residential customers, the SM60R for larger residential needs, the SM60RP for medium commercial or industrial clients, and the SM200E for post-paid metering of large customers. In addition to hardware, SparkMeter provides software solutions designed to improve grid efficiency and asset performance for microgrids and distribution utilities in remote areas. Their offerings facilitate prepaid billing, enhance customer communication, and enable remote monitoring and control. Founded in 2012 and headquartered in Washington, D.C., with an additional office in Nairobi, Kenya, SparkMeter aims to increase access to electricity in underserved markets and hard-to-reach locations.

ClearFlame Engines

Seed Round in 2020
ClearFlame decarbonizes heavy-duty engines while reducing operating costs, to protect the future from the challenge of diesel fuel. The company's technology enables heavy-duty engine manufacturers to produce engines at a lower cost, while simultaneously providing their customers with higher performance and fuel cost savings. Founded in 2016 by BJ Johnson and Julie Blumreiter, ClearFlame Engines is headquartered in Woodridge, Illinois.

ConnectDER

Series B in 2020
ConnectDER LLC specializes in designing and manufacturing solutions that facilitate the connection of grid-ready distributed energy resources, particularly solar photovoltaic systems. The company creates a connection point that installs between residential electric meters and meter sockets, enhancing the integration of renewable energy. Additionally, ConnectDER offers a cloud-based platform that allows fleet operators to access metering and operational data, as well as manage the commissioning and decommissioning of ConnectDER units, including firmware updates. Founded in 2011 and based in Philadelphia, Pennsylvania, ConnectDER was previously known as Infinite Invention LLC before rebranding in 2015. The company aims to provide effective solutions to complex challenges in the power and water sectors.

Rebound Technologies

Series A in 2020
Rebound Technologies, Inc. manufactures and supplies embedded thermal energy storage systems for commercial freezer environments and off-grid cooling environments. It offers IcePoint, a low temperature refrigeration cooling equipment for supermarkets; and SunChill, an off-grid refrigeration solution that enables increased agricultural productivity by removing field heat from crops immediately following harvest, and provides continued product cooling at local markets and central processing facilities. The company’s products are used by retail stores and farmers in the United States. Rebound Technologies, Inc. was founded in 2012 and is headquartered in Commerce City, Colorado.

Pearl Certification

Series A in 2019
Pearl Certification, founded in 2015 and based in Virginia, specializes in providing home energy efficiency certification programs. The company offers independent verification of home features that enhance comfort, energy performance, and indoor air quality. By collaborating with real estate agents, contractors, and builders, Pearl supports homeowners in increasing the value of their properties, thereby instilling greater buyer confidence during real estate transactions. Its certification process serves as a vital resource for homeowners seeking to document their property’s energy efficiency and sustainability, which can be particularly beneficial for refinancing or resale purposes.

SparkMeter

Series A in 2019
SparkMeter, Inc. specializes in developing electricity metering systems tailored for rural and central utilities in developing markets. The company offers a range of products, including the SM16R for residential customers, the SM60R for larger residential needs, the SM60RP for medium commercial or industrial clients, and the SM200E for post-paid metering of large customers. In addition to hardware, SparkMeter provides software solutions designed to improve grid efficiency and asset performance for microgrids and distribution utilities in remote areas. Their offerings facilitate prepaid billing, enhance customer communication, and enable remote monitoring and control. Founded in 2012 and headquartered in Washington, D.C., with an additional office in Nairobi, Kenya, SparkMeter aims to increase access to electricity in underserved markets and hard-to-reach locations.

Energetic Insurance

Seed Round in 2019
Energetic Insurance, Inc. is an InsurTech company based in Boston, Massachusetts, founded in 2016. The company specializes in providing solar insurance solutions aimed at mitigating credit and counterparty risks associated with commercial and industrial solar photovoltaic projects. Its flagship product, EneRate, offers coverage for third-party solar developers and asset owners, protecting them against payment default risks and revenue losses when off-takers fail to meet their Power Purchase Agreement (PPA) obligations. Additionally, Energetic Insurance has developed a systematic approach to address off-taker payment defaults, thereby facilitating solar financing for organizations that are unrated or classified as below investment grade. This innovative, data-driven methodology aims to enhance risk management within the renewable energy sector, promoting increased project deployment and capital investment in solar initiatives.

LineVision

Series A in 2019
LineVision, Inc. specializes in developing transmission line monitoring systems tailored for utilities. Founded in 2018 and based in Somerville, Massachusetts, the company offers a suite of advanced, non-contact sensors and analytics that enhance transmission line capacity, resilience, and safety. Its monitoring solutions provide utilities with crucial visibility into asset health, enabling optimized asset management without requiring outages or specialized equipment. The system includes features such as dynamic line ratings, secure web interfaces, and comprehensive data analytics, allowing for reliable assessment and profiling of transmission conductors. This innovative approach equips utilities with the tools necessary to improve the performance of the electric power grid.

CleanFiber

Venture Round in 2018
CleanFiber, LLC develops cellulose insulation materials for attics, walls, and floors of residential and commercial new construction and retrofit applications. CleanFiber, LLC was formerly known as UltraCell Insulation, LLC and changed its name to CleanFiber, LLC in September 2018. The company was incorporated in 2013 and is based in Blasdell, New York with additional office in Buffalo, New York.

SparkMeter

Seed Round in 2018
SparkMeter, Inc. specializes in developing electricity metering systems tailored for rural and central utilities in developing markets. The company offers a range of products, including the SM16R for residential customers, the SM60R for larger residential needs, the SM60RP for medium commercial or industrial clients, and the SM200E for post-paid metering of large customers. In addition to hardware, SparkMeter provides software solutions designed to improve grid efficiency and asset performance for microgrids and distribution utilities in remote areas. Their offerings facilitate prepaid billing, enhance customer communication, and enable remote monitoring and control. Founded in 2012 and headquartered in Washington, D.C., with an additional office in Nairobi, Kenya, SparkMeter aims to increase access to electricity in underserved markets and hard-to-reach locations.

EnergySage

Series A in 2018
EnergySage, LLC operates an online marketplace that connects homeowners, businesses, and non-profits with various clean energy solutions, including solar, wind, geothermal, and energy storage technologies. Founded in 2009 and based in Boston, Massachusetts, the company provides educational resources, analytical tools, and shopping options to help consumers assess and select appropriate clean energy products. Its offerings encompass a range of services such as rooftop solar installations, community solar projects, heat pumps, electric vehicle charging solutions, and solar financing. EnergySage aims to simplify the process of transitioning to clean energy by acting as a comprehensive platform for evaluating and obtaining renewable energy systems.

CleanFiber

Venture Round in 2018
CleanFiber, LLC develops cellulose insulation materials for attics, walls, and floors of residential and commercial new construction and retrofit applications. CleanFiber, LLC was formerly known as UltraCell Insulation, LLC and changed its name to CleanFiber, LLC in September 2018. The company was incorporated in 2013 and is based in Blasdell, New York with additional office in Buffalo, New York.

Zagster

Series C in 2018
Zagster is a transportation provider offering turnkey bike-sharing systems. The company designs, builds, and operates private bike-sharing programs for universities, corporate campuses, hotels, and residential communities across the United States. Moreover, Zagster provides customers a complete bike sharing solution - including system design, installation, sharing technology, maintenance, rider support, and marketing services. Zagster was founded in 2007 and headquartered in Cambridge, Massachusetts, United States.

Energetic Insurance

Convertible Note in 2017
Energetic Insurance, Inc. is an InsurTech company based in Boston, Massachusetts, founded in 2016. The company specializes in providing solar insurance solutions aimed at mitigating credit and counterparty risks associated with commercial and industrial solar photovoltaic projects. Its flagship product, EneRate, offers coverage for third-party solar developers and asset owners, protecting them against payment default risks and revenue losses when off-takers fail to meet their Power Purchase Agreement (PPA) obligations. Additionally, Energetic Insurance has developed a systematic approach to address off-taker payment defaults, thereby facilitating solar financing for organizations that are unrated or classified as below investment grade. This innovative, data-driven methodology aims to enhance risk management within the renewable energy sector, promoting increased project deployment and capital investment in solar initiatives.

CIMCON Lighting

Series B in 2017
CIMCON Lighting, Inc. specializes in web-based wireless outdoor lighting management solutions, catering to traditional, LED, and solar-powered street lights. The company provides a comprehensive street light management system that allows utilities, municipalities, and commercial clients to monitor and control the status of outdoor lighting fixtures. Key offerings include LightingGale, an automated streetlight management system, and various wireless lighting controllers designed for different environments, such as parking lots and garages. CIMCON's NearSky platform enables cities to develop smart infrastructure by transforming existing streetlight networks into connected digital assets. Their solutions support a range of Smart City applications, including air quality monitoring, public safety enhancements, and traffic optimization. With implementations in over 50 cities across 16 countries, CIMCON Lighting aims to help urban areas reduce energy and maintenance costs while improving the quality of life for residents. Founded in 2012, the company is headquartered in Bedford, Massachusetts.

Pika Energy

Series A in 2016
Pika Energy, Inc. is a Westbrook, Maine-based manufacturer of direct current (DC) power electronics. Our nanogrid technology is installed throughout the United States and Canada and in several overseas markets. All Pika Energy products are designed, tested, and manufactured in the United States, using domestic materials. Founded in 2010 by MIT-educated engineers, Pika Energy manufactures high-efficiency, bidirectional inverters and charge controllers, small wind turbines, and substring solar optimizers.

Autonomous Marine Systems

Seed Round in 2016
Autonomous Marine Systems Inc. is a marine data services company based in Somerville, Massachusetts, founded in 2009. The company specializes in providing customized hydrographic surveys and operates low-cost, self-powered ocean surface drones that form an intelligent sensor network for data collection. Its robotic sailboats, which harness wind and solar energy, are designed for autonomous operation on long-duration missions across vast geographic areas. This technology allows clients in sectors such as defense, energy, shipping, fishing, and research to efficiently gather marine data while minimizing risks to human life and reducing the operational costs associated with traditional vessels in challenging marine environments.

VoltServer

Series A in 2015
VoltServer Inc. specializes in manufacturing and supplying advanced electrical power distribution products, utilizing its patented Digital Electricity technology. This innovative approach allows for the safe delivery of electricity through standard data cables, significantly enhancing cost-effectiveness, speed, and efficiency compared to traditional electrical installations. Founded in 2011 and headquartered in East Greenwich, Rhode Island, with an additional office in Basingstoke, United Kingdom, the company serves various sectors, including telecommunications, data centers, renewable energy, and electric vehicles. VoltServer's solutions are applied in diverse environments, such as large sports stadiums, office buildings, hotels, and medical facilities, effectively powering 4G/LTE mobile services and enabling wireless densification, intelligent building management, and indoor agriculture. The company’s offerings cater to a wide range of customers through strategic partnerships in the industry.

PRIME Coalition

Venture Round in 2015
PRIME Coalition

Zagster

Series A in 2015
Zagster is a transportation provider offering turnkey bike-sharing systems. The company designs, builds, and operates private bike-sharing programs for universities, corporate campuses, hotels, and residential communities across the United States. Moreover, Zagster provides customers a complete bike sharing solution - including system design, installation, sharing technology, maintenance, rider support, and marketing services. Zagster was founded in 2007 and headquartered in Cambridge, Massachusetts, United States.

Solantro Semiconductor

Venture Round in 2015
Solantro is a leader in module integrated electronic technology for intelligent solar solutions. The company has assembled a team of proven entrepreneurs with deep experience in system architecture, semiconductors, power conversion, RF and distributed communications systems.

Quidnet Energy

Seed Round in 2015
Quidnet Energy Inc. is a Houston-based company that specializes in developing grid-scale energy storage systems. Founded in 2013, the company utilizes a unique hydroelectric energy storage technology that involves pumping water under pressure into subsurface geological reservoirs. This stored water can then be released to drive turbines and generate electricity when renewable energy sources are unavailable. By leveraging established well-drilling and construction techniques, Quidnet Energy aims to enhance the reliability of the carbon-free electric grid. In addition to its headquarters in Houston, the company has offices in San Francisco and Saratoga Springs, New York.

Bevi

Seed Round in 2015
Bevi aims to eliminate waste from the production, shipping, and disposing of bottled beverages. We envision a future where a smarter platform (powered by the municipal water supply) transforms how beverages are delivered. It is an ambitious goal, but we are on it!

WeSpire

Series A in 2014
WeSpire Inc. is an engagement platform that provides sustainability and responsibility programs to global corporations. The company helps client companies engage people in sustainability and responsibility initiatives with persuasive technology that builds awareness, drives behavior change, and measures business results. It focuses on energy, water, waste, transportation, food, volunteerism, and corporate citizenship projects. The company was formerly known as Practically Green, LLC and changed its name to WeSpire Inc. in April 2014. WeSpire Inc. was founded in 2010 and is based in Boston, Massachusetts.

Skystream Markets

Series A in 2014
Skystream Markets Inc. operates as an institutional transaction platform for the environmental markets in the United States and internationally. Its platform offers automation in the trade cycle, including execution, trade capture, processing, and reporting. The company also acts as a neutral intermediary for market participants in the environmental markets; provides client support, which includes structuring customized physical and financial hedging strategies in the spot, option, and forward markets; and builds auctions and electronic markets for the primary and secondary markets in renewable energy certificate (REC) markets. In addition, Skystream Markets offers transaction services in REC markets. Further, the company operates a trading platform that connects pools of capital with renewable power projects through an electronic process. It serves power producers and major trading counterparties. Skystream Markets was founded in 2009 and is based in New York, New York with a sales office in Boston, Massachusetts.

REsurety

Seed Round in 2014
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.

REsurety

Seed Round in 2014
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.

VoltServer

Series A in 2013
VoltServer Inc. specializes in manufacturing and supplying advanced electrical power distribution products, utilizing its patented Digital Electricity technology. This innovative approach allows for the safe delivery of electricity through standard data cables, significantly enhancing cost-effectiveness, speed, and efficiency compared to traditional electrical installations. Founded in 2011 and headquartered in East Greenwich, Rhode Island, with an additional office in Basingstoke, United Kingdom, the company serves various sectors, including telecommunications, data centers, renewable energy, and electric vehicles. VoltServer's solutions are applied in diverse environments, such as large sports stadiums, office buildings, hotels, and medical facilities, effectively powering 4G/LTE mobile services and enabling wireless densification, intelligent building management, and indoor agriculture. The company’s offerings cater to a wide range of customers through strategic partnerships in the industry.

Skystream Markets

Series A in 2012
Skystream Markets Inc. operates as an institutional transaction platform for the environmental markets in the United States and internationally. Its platform offers automation in the trade cycle, including execution, trade capture, processing, and reporting. The company also acts as a neutral intermediary for market participants in the environmental markets; provides client support, which includes structuring customized physical and financial hedging strategies in the spot, option, and forward markets; and builds auctions and electronic markets for the primary and secondary markets in renewable energy certificate (REC) markets. In addition, Skystream Markets offers transaction services in REC markets. Further, the company operates a trading platform that connects pools of capital with renewable power projects through an electronic process. It serves power producers and major trading counterparties. Skystream Markets was founded in 2009 and is based in New York, New York with a sales office in Boston, Massachusetts.

FINsix

Venture Round in 2012
FINsix Corporation develops power electronic systems. Its product portfolio includes Dart adapters, which are used to charge laptop and USB devices. FINsix Corporation has a strategic partnership with Toyota Industries Corporation. The company was formerly known as OnChip Power Corporation and changed its name to FINsix Corporation in November 2012. FINsix Corporation was incorporated in 2010 and is based in Menlo Park, California.

7AC Technologies

Debt Financing in 2011
7AC Technologies Inc., based in Beverly, Massachusetts, specializes in innovative HVAC solutions using its advanced membrane-isolated plastic plate technology. This technology supports the development of ultra-efficient liquid desiccant systems designed for commercial and industrial buildings. By utilizing this approach, 7AC Technologies aims to significantly reduce energy costs, achieving a reduction of over 50% compared to traditional HVAC systems. Originally founded as 7Solar Technologies, Inc. in 2009, the company rebranded in 2011 and is currently a subsidiary of Emerson Electric Co.

VCharge

Seed Round in 2011
VCharge, Inc. develops intelligent infrastructure for transactive electric loads for energy management in Maine, Massachusetts, and Pennsylvania. The company offers VNet, a power management platform that coordinates the activities of distributed transactive load assets; SmartBricks and SmartHydro that are asset controllers for electric thermal storage heating systems to handle loads of electric car charging stations and compressed air systems; and VConsole, a Web-based user interface that offers information and control for end users, utilities, and maintenance personnel. The company also serves customers in Germany, North America, Ireland, and the United Kingdom. VCharge, Inc. was founded in 2009 and is based in Providence, Rhode Island. As of February 9, 2017, VCharge, Inc. operates as a subsidiary of OVO Energy Limited.

MyEnergy

Series A in 2011
MyEnergy serves as a personalized guide to help households in the United States reduce energy consumption and save on utility bills. Users can access a free platform that provides energy-saving tips and incentives, allowing them to compare their energy usage with others, set goals, and track their progress. Additionally, MyEnergy offers a rewards program for users who successfully lower their energy bills. The platform is compatible with hundreds of utilities nationwide and is expected to reach over 90% of the U.S. population in the near future.

Next Step Living

Series B in 2010
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.

OutSmart Power Systems

Seed Round in 2009
OutSmart Power Systems, LLC provides lean energy management software and services for C&I buildings. It offers EnergyMate a miniature metering technology for monitoring energy and power parameters; and OSAP, OutSmart analytics platform for storing and analyzing data to identify problems and opportunities. The company also helps in categorizing and prioritizing activities related to energy and the equipment using it; and provides energy consumption and equipment health data on critical refrigeration, HVAC, and lighting loads. In addition, it offers basic, advanced analytics and reporting program, and OutSmart total energy savings program services. The company serves industries, such as grocery stores, convenience, and cold storage. OutSmart Power Systems, LLC was founded in 2008 and is based in Natick, Massachusetts.

PurposeEnergy

Seed Round in 2009
PurposeEnergy, Inc. provides consultative service to Food and beverage manufacturers, that is an in-depth audit that evaluates a customer’s current wastewater strategy and solution and provide organic waste remediation and technology recommendations for their plants. It also offers wastewater system management services. The company was incorporated in 2007 and is based in Woburn, Massachusetts.

Powerhouse Dynamics

Seed Round in 2009
PowerHouse Dynamics, Inc. develops enterprise energy and asset management systems for portfolios of small commercial facilities. It offers SiteSage, an enterprise energy and asset management platform that centralizes control, analysis, and management of energy-consuming equipment. The company’s platform also provides modules for remote equipment and HVAC control, food safety, and utility bill management; and offers rebate management, deployment management, and support and advisory services. It serves restaurants, convenience stores, retail stores, homes, and other commercial facilities. The company was founded in 2008 and is based in Newton, Massachusetts. As of April 1, 2019, PowerHouse Dynamics, Inc. operates as a subsidiary of The Middleby Corporation.

eQuilibrium Solutions

Seed Round in 2007
socially responsible investing