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

Past deals in Maine

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.

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.