Clean Energy Venture Group, founded in 2005 and based in Cambridge, Massachusetts, is an angel investment group that specializes in providing seed capital and management expertise to early-stage clean energy companies. Comprised of experienced executives with a strong background in energy and environmental sectors, the group leverages its investment capital along with valuable industry knowledge and networking opportunities to support the growth of its portfolio companies. While its primary focus is on the Northeast United States, Clean Energy Venture Group has also collaborated with businesses across the country and in Canada, targeting investments in various sectors, including cleantech and climate technology.
Queens Carbon is focused on developing a hydrothermal processing technology aimed at significantly reducing energy consumption in industrial applications. This innovative system minimizes the energy required for calcination and material synthesis, which is essential for carbon capture and the production of carbon-neutral cement. By enhancing energy efficiency, Queens Carbon's technology not only lowers operational costs but also contributes to a reduction in greenhouse gas emissions, supporting sustainable development and addressing the challenges posed by climate change.
DG Matrix
Seed Round in 2025
DG Matrix innovative solutions unlock gigaton-scale emissions reductions by enabling electrification anywhere and everywhere with less material and a smaller footprint.
MacroCycle Technologies
Seed Round in 2025
MacroCycle is developing a technology to curb the usage of fossil fuel derived plastic through a circular, sustainable and zero-carbon plastic upcycling process. The company's proprietary process based on the synthesis of cyclic macromolecules enables us to produce virgin-grade recycled PET from plastic waste at lower energy use than traditional processes.
Advanced Ionics
Venture Round in 2025
Advanced Ionics specializes in developing advanced electrolyzer technology for the production of low-cost green hydrogen. By leveraging existing industrial infrastructure and optimizing electricity consumption, the company aims to significantly reduce the costs associated with green hydrogen production. Its technology caters to a range of industrial applications, including ammonia and fertilizer production, hydrogenation, metal fabrication, glass manufacturing, methanol synthesis, synthetic fuels, chemicals, and power generation. Through its innovative solutions, Advanced Ionics supports decarbonization efforts, helping clients eliminate carbon dioxide emissions from hydrogen production.
Electrified Thermal Solutions
Venture Round in 2024
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.
ConnectDER
Series D in 2024
ConnectDER LLC is a solar technology company based in Philadelphia, Pennsylvania, specializing in solutions that facilitate the connection of distributed energy resources, particularly solar photovoltaic systems, to residential homes and the grid. The company designs and manufactures innovative meter collars that serve as a connection point between residential electric meters and meter sockets, effectively transforming these sockets into a grid-friendly platform for solar energy, battery storage, and electric vehicle charging. Additionally, ConnectDER offers ConnectDER Cloud, a system that allows fleet operators to access metering and operational data, manage firmware, and oversee the commissioning and decommissioning of ConnectDER units. Founded in 2011 and rebranded in 2015, ConnectDER aims to simplify the integration of renewable energy technologies, benefiting both users and the broader energy grid.
Transaera
Seed Round in 2024
Transaera specializes in the development of energy-efficient cooling systems aimed at minimizing energy consumption and greenhouse gas emissions. The company employs an innovative desiccant material that effectively removes moisture from the air prior to the cooling process, enhancing indoor comfort. Its solutions are designed for both residential and commercial applications, providing affordable and environmentally friendly cooling options that improve indoor climate control. By reducing the energy demands typically associated with conventional air conditioning units, Transaera's technologies support greater productivity while also alleviating strain on local grid infrastructure and contributing to a more sustainable global climate.
Lithios
Seed Round in 2024
Lithios is a technology company specializing in advanced lithium extraction through innovative electrochemical methods. The firm focuses on capturing and releasing lithium from complex mixtures, which are traditionally challenging to process. By leveraging breakthroughs in applied electrochemistry, Lithios offers solutions that facilitate low-cost and selective extraction of lithium from previously untapped brine resources. This approach not only enhances the efficiency of lithium recovery but also aligns with sustainable practices, supporting the growing demand for lithium in various industries, particularly in the context of an electric future.
Ayrton Energy
Seed Round in 2024
Ayrton Energy, founded in 2021, focuses on enhancing energy security through innovative hydrogen storage technology. The company has developed a system that allows hydrogen to be stored in liquid form, providing a dense storage medium that can be safely handled and transported. This technology enables hydrogen to be delivered through existing infrastructures such as tanks, rail cars, transport trucks, and pipelines. By facilitating efficient storage and transportation of hydrogen, Ayrton Energy aims to support power generation and contribute to a more secure energy future.
PeakSyncer
Seed Round in 2024
PeakSyncer, a product of Zhong Xi Group, LLC, is an AI-powered cloud platform that offers a comprehensive solution for utilities aiming to optimize their energy management systems through advanced technology. The platform focuses on demand response programs, utilizing artificial intelligence to automate and streamline the management of peak energy loads. PeakSyncer has focused on creating cutting-edge solutions in cloud computing and AI integration. The company positions itself as a leader in the energy management sector, working on delivering reliable, user-friendly solutions that adapt to the evolving needs of energy grids. With dedicated support and 24/7 monitoring, PeakSyncer aims to empower utilities to modernize their operations and optimize resource usage effectively. With PeakSyncer, the company addresses a critical business need for seamless data synchronization across platforms such as ERP, CRM, and other essential business software. The platform’s key advantage is its ability to adapt to dynamic data patterns, learning from past syncs to continuously improve syncing accuracy and efficiency. PeakSyncer is designed to be scalable and easily integrates with existing utility infrastructure, ensuring a smooth implementation process. The platform not only helps utilities meet regulatory requirements but also supports them in creating a sustainable energy ecosystem by engaging customers in demand response initiatives, made possible by AI algorithms that analyze and anticipate potential data issues before they disrupt business processes.
Peelon
Seed Round in 2024
Peelon offers biodegradable packaging solutions aimed at reducing food waste and plastic pollution in the fresh produce supply chain. By utilizing a proprietary blend of natural materials, Peelon creates a microclimate around fresh produce, effectively tripling its shelf life and maintaining its quality for extended periods. This innovation not only minimizes food waste but also decreases the frequency of transportation and storage, contributing to a reduced carbon footprint. Furthermore, Peelon's packaging is fully biodegradable and compostable, presenting an eco-friendly alternative to conventional packaging options.
Travertine
Venture Round in 2024
Travertine is a company focused on carbon dioxide removal and industrial chemical production, aiming to mitigate the environmental impact associated with the extraction of elements for renewable energy. The company employs a proprietary electrochemical process that transforms carbon dioxide from the atmosphere into stable carbonate minerals, effectively storing carbon permanently. In addition to carbon capture, this process generates sulfuric acid, which is utilized in critical element extraction and fertilizer production. By recycling sulfate waste to produce sulfuric acid and minimizing chemical waste, Travertine supports more sustainable practices in the mining and fertilizer industries while generating high-quality carbon credits through its direct air capture and mineralization efforts.
Aepnus
Seed Round in 2024
Developer of an electrolysis equipment designed to refine minerals and desalinate water. The company's technology manufactures low-cost electrolysis equipment which is used to electrify and decarbonize the production of commodity chemicals needed to transition to a carbon-free industry, enabling companies to manufacture electrified chemicals for a carbon-free future.
Ndustrial
Series B in 2024
Ndustrial specializes in providing analytical engines and an industrial optimization platform tailored for mid-tier manufacturers and energy companies. Their solutions focus on enhancing production control, improving energy efficiency, and minimizing waste, which enables organizations to optimize operations and reduce costs. The company employs a proprietary industrial operating system that integrates legacy data and facilitates the deployment of new Industrial IoT assets. Additionally, Ndustrial offers real-time cloud-based applications designed for factories and industrial facilities, utilizing predictive control algorithms to support efficient resource management across various sectors.
Evari
Seed Round in 2024
Evari is a clean-tech firm developing next-generation tiny, oil-free turbocompressors for heating and cooling applications to help with the global energy transition and expedite the decarbonization of various industries.
UpSmith
Seed Round in 2024
UpSmith is a company focused on improving lives by providing access to training in practical skills and supporting long-lasting careers. It develops a vertical software-as-a-service platform tailored for skilled trades businesses, aimed at enhancing workforce productivity. UpSmith's technology includes gamification products that incentivize value-creating behaviors among frontline workers, ultimately helping clients to increase revenue, boost output, and reduce costs. By combining innovative technology with a commitment to workforce development, UpSmith strives to empower skilled workers and facilitate the growth of trades businesses.
Cala Systems
Seed Round in 2024
Altus Thermal, founded in 2019 and based in Boston, Massachusetts, focuses on transforming thermal energy solutions for residential settings. The company aims to enhance efficiency, comfort, and user experience while providing benefits to the electrical grid. Altus Thermal develops energy technology designed to electrify residential heating, cooling, and hot water systems. By maximizing performance and facilitating better integration with renewable energy sources and other distributed energy resources, the company enables homeowners to electrify their living spaces in an efficient and cost-effective manner.
Aqua Membranes
Venture Round in 2023
Aqua Membranes LLC specializes in the manufacture of reverse osmosis (RO) membrane filtration systems for both commercial and household applications. Founded in 2011 and headquartered in Albuquerque, New Mexico, the company employs innovative three-dimensional Printed Spacer Technology to enhance the performance of its spiral wound membrane elements. This technology replaces traditional feed spacer mesh with directly printed spacers, leading to reduced fouling and lower energy consumption. Aqua Membranes' products cater to various sectors, including home RO systems, seawater desalination, food processing, and industrial applications, thereby contributing to more efficient water treatment solutions and a sustainable water future.
Advanced Ionics
Series A in 2023
Advanced Ionics specializes in developing advanced electrolyzer technology for the production of low-cost green hydrogen. By leveraging existing industrial infrastructure and optimizing electricity consumption, the company aims to significantly reduce the costs associated with green hydrogen production. Its technology caters to a range of industrial applications, including ammonia and fertilizer production, hydrogenation, metal fabrication, glass manufacturing, methanol synthesis, synthetic fuels, chemicals, and power generation. Through its innovative solutions, Advanced Ionics supports decarbonization efforts, helping clients eliminate carbon dioxide emissions from hydrogen production.
Carbon Upcycling
Series A in 2023
Carbon Upcycling is a carbon technology company focused on decarbonizing hard-to-abate industries. It utilizes patented technology to permanently store carbon dioxide in industrial byproducts and minerals, converting them into high-performance alternative materials for cement and concrete. This process not only reduces the carbon impact of industrial operations but also diverts materials from landfills, supporting the principles of a circular economy. Carbon Upcycling has garnered global recognition for its innovative approach, earning accolades such as the Carbon XPrize’s X-Factor award and being named one of the most investable cleantech ventures in Canada.
Nitrofix
Seed Round in 2023
NitroFix is focused on reducing the global carbon footprint by producing ammonia through a novel, emission-free manufacturing process. Utilizing an innovative electrochemical reaction facilitated by a new catalyst, the company achieves a production method that generates zero carbon dioxide. This sustainable ammonia production system not only offers a zero-carbon footprint solution but also promotes stable pricing and enables local ammonia production for various applications. NitroFix's green ammonia serves as a renewable energy source, a carrier for hydrogen fuel, and a foundational component for nitrogen fertilizers, contributing to a more sustainable future.
OxCCU
Series A in 2023
OxCCU specializes in renewable energy technology aimed at fostering a circular economy for fuels, chemicals, and plastics. The company’s innovative approach utilizes carbon dioxide extracted from the atmosphere, hydrogen sourced from water, and renewable electricity to produce sustainable fuels, chemicals, and biodegradable plastics. By doing so, OxCCU enables clients to adopt more environmentally friendly products, contributing to a more sustainable future.
ConnectDER
Series C in 2023
ConnectDER LLC is a solar technology company based in Philadelphia, Pennsylvania, specializing in solutions that facilitate the connection of distributed energy resources, particularly solar photovoltaic systems, to residential homes and the grid. The company designs and manufactures innovative meter collars that serve as a connection point between residential electric meters and meter sockets, effectively transforming these sockets into a grid-friendly platform for solar energy, battery storage, and electric vehicle charging. Additionally, ConnectDER offers ConnectDER Cloud, a system that allows fleet operators to access metering and operational data, manage firmware, and oversee the commissioning and decommissioning of ConnectDER units. Founded in 2011 and rebranded in 2015, ConnectDER aims to simplify the integration of renewable energy technologies, benefiting both users and the broader energy grid.
QEA Tech
Seed Round in 2023
QEA Tech is a software company that combines AI, drone technology, and thermal imaging to provide insights into the building envelope. They process thousands of images using its proprietary software, transforming each pixel into a comprehensive 3D model of the building for quantifiable data and insights. Using 10,000+ high-resolution drone images, proprietary QEA Tech software converts each pixel into quantifiable data and a comprehensive 3D model before uploading each image to the cloud-based dashboard for 24/7 access. The QEA System identifies where and how much energy is being wasted in a building's envelope, allowing you to prioritize repairs and calculate payback and ROI. The QEA Solution calculates Negawatt (NKwh), which quantifies energy gushers (heat and cool air escaping) through the walls, windows, doors, and roof of the building.
VoltServer
Series B in 2023
VoltServer Inc. is a company that manufactures and supplies innovative electrical power distribution products, leveraging its patented Digital Electricity technology. This technology enables the delivery of touch-safe electricity through standard data cables, significantly improving the cost, speed, power, distance, efficiency, and flexibility of electrical installations compared to traditional methods. VoltServer's solutions are applicable in various sectors, including telecommunications, data centers, renewable energy, and electric vehicles. The company's products support wireless densification, intelligent buildings, and indoor agriculture. VoltServer began shipping its products in 2015 and has since been deployed in numerous large venues, such as sports stadiums, office buildings, hotels, and medical facilities. Founded in 2011, VoltServer is based in East Greenwich, Rhode Island, with an additional office in Basingstoke, United Kingdom.
Kuva Systems
Series A in 2023
Kuva Systems, founded in 2015 and based in Cambridge, Massachusetts, has created an industrial IoT solution focused on monitoring and quantifying methane and volatile organic compound (VOC) emissions. The company's infrared imaging system automatically detects and measures these emissions, providing operators with annotated video clips of leaks. It captures emission events in both day-only and day-night modes, and transfers the quantified visuals to the cloud in real-time. This technology enables oil and gas companies to efficiently monitor their assets and manage environmental compliance.
Noon Energy
Venture Round in 2022
Noon Energy is a company based in Palo Alto, California, focused on developing innovative flow battery technology for long-duration energy storage. Founded in 2018, the company aims to make intermittent renewable energy sources, such as solar and wind, more reliable by providing on-demand power. Its rechargeable battery utilizes low-cost energy storage media that separates energy and power capacity, enabling efficient long-duration storage without the need for mining precious metals. This approach supports the scaling of renewable electricity supplies, thereby reducing reliance on fossil fuels, minimizing pollution, and lowering emissions.
LineVision
Series C in 2022
LineVision, Inc. is a developer of advanced transmission line monitoring systems for electric utilities, headquartered in Somerville, Massachusetts. Incorporated in 2018, the company focuses on enhancing the efficiency, flexibility, and safety of overhead power lines. Utilizing patented non-contact sensors, LineVision’s systems provide real-time monitoring and analytics, enabling utilities to assess conductor health, detect anomalies, and optimize asset management through dynamic line ratings. The platform is designed for rapid deployment without the need for scheduled outages or specialized equipment. By delivering critical insights into the performance of transmission lines, LineVision aids utilities in increasing the capacity, resilience, and safety of the electrical grid, thereby supporting the transition to more sustainable energy solutions.
GreenPortfolio
Angel Round in 2022
GreenPortfolio is a company focused on sustainable investing, offering tools that help users evaluate the climate impact of their financial assets and providers. Through its innovative rating system, the platform assesses financial products that contribute to climate solutions, providing users with insights into their effectiveness in addressing climate change. Additionally, GreenPortfolio utilizes AI to match users with financial advisors who specialize in sustainable investment strategies. This approach empowers consumers to manage their finances in a climate-friendly manner while aiming to achieve positive financial returns that align with their values.
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.
Travertine
Seed Round in 2022
Travertine is a company focused on carbon dioxide removal and industrial chemical production, aiming to mitigate the environmental impact associated with the extraction of elements for renewable energy. The company employs a proprietary electrochemical process that transforms carbon dioxide from the atmosphere into stable carbonate minerals, effectively storing carbon permanently. In addition to carbon capture, this process generates sulfuric acid, which is utilized in critical element extraction and fertilizer production. By recycling sulfate waste to produce sulfuric acid and minimizing chemical waste, Travertine supports more sustainable practices in the mining and fertilizer industries while generating high-quality carbon credits through its direct air capture and mineralization efforts.
itselectric
Pre Seed Round in 2022
Itselectric specializes in providing curbside electric vehicle (EV) charging solutions tailored for urban environments. The company aims to enhance access to public charging, thereby promoting the adoption of electric vehicles, which contributes to cleaner air and healthier communities. By utilizing a behind-the-meter approach, Itselectric draws spare electrical supply from nearby buildings to offer affordable charging points. This innovative model not only addresses infrastructure challenges but also helps to alleviate environmental justice issues in cities. Additionally, it allows clients to generate passive income while facilitating convenient charging options for EV drivers.
Advanced Ionics
Seed Round in 2022
Advanced Ionics specializes in developing advanced electrolyzer technology for the production of low-cost green hydrogen. By leveraging existing industrial infrastructure and optimizing electricity consumption, the company aims to significantly reduce the costs associated with green hydrogen production. Its technology caters to a range of industrial applications, including ammonia and fertilizer production, hydrogenation, metal fabrication, glass manufacturing, methanol synthesis, synthetic fuels, chemicals, and power generation. Through its innovative solutions, Advanced Ionics supports decarbonization efforts, helping clients eliminate carbon dioxide emissions from hydrogen production.
Carbon Upcycling
Venture Round in 2022
Carbon Upcycling is a carbon technology company focused on decarbonizing hard-to-abate industries. It utilizes patented technology to permanently store carbon dioxide in industrial byproducts and minerals, converting them into high-performance alternative materials for cement and concrete. This process not only reduces the carbon impact of industrial operations but also diverts materials from landfills, supporting the principles of a circular economy. Carbon Upcycling has garnered global recognition for its innovative approach, earning accolades such as the Carbon XPrize’s X-Factor award and being named one of the most investable cleantech ventures in Canada.
SparkMeter
Venture Round in 2022
SparkMeter, Inc. designs electricity metering systems and grid management software aimed at enhancing electricity access in underserved markets, particularly rural areas. Founded in 2012 and based in Washington, D.C., with an office in Nairobi, Kenya, the company offers a range of metering products tailored to different customer needs, including residential and commercial users. Its solutions include the SM16R, SM60R, SM60RP, and SM200E models, which cater to various consumption levels. In addition to hardware, SparkMeter provides software solutions that facilitate prepaid billing, customer communication, and remote monitoring, thus improving grid efficiency and asset performance. By enabling utilities to automate operations, manage loads, and integrate renewable energy sources, SparkMeter helps communities access sustainable and reliable electricity.
Copper Labs
Series A in 2022
Copper Labs, Inc. is a company based in Boulder, Colorado, that specializes in developing Internet of Things (IoT) products and services aimed at enhancing energy management for utilities and consumers. Founded in 2016, Copper Labs has created a wireless energy monitoring system that provides real-time data on electric, gas, and water usage, functioning effectively with or without smart meters. The platform employs machine learning to generate revenue-grade insights, enabling utilities to engage consumers more effectively, manage energy demand, and stabilize the grid. By offering actionable alerts during peak usage periods, Copper Labs empowers consumers to reduce their energy costs and contribute to more efficient energy consumption.
Nth Cycle
Series A in 2022
Nth Cycle is a metal processing technology company that focuses on recovering critical minerals through innovative electro-extraction methods. It collaborates with battery recyclers and mining operations to extract production-grade minerals from e-waste and low-grade mine tailings, offering a cleaner and more customizable alternative to traditional hydrometallurgical and pyrometallurgical processes. By utilizing its advanced recycling technology, Nth Cycle aims to reduce reliance on primary mining, thereby creating a sustainable secondary source of rare earth metals in the United States. This approach supports the manufacturing and recycling industries while contributing to advancements in clean energy.
Bodhi
Seed Round in 2022
Bodhi's mission is to cultivate the bond between people and the energy that powers their lives. Our software platform empowers solar companies to deliver amazing customer experiences with ease. Bodhi automates communication and personalizes the homeowners’ experience, so that installers can focus on what they do best - executing projects, making more sales, and transforming communities around energy.
REsurety
Series B in 2021
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.
ClearFlame Engines
Series A in 2021
ClearFlame Engines, Inc. is a company that develops and manufactures engines specifically designed for heavy-duty applications, including markets such as marine, agriculture, transportation, power generation, rail, and construction. Founded in 2016 and headquartered in Woodridge, Illinois, ClearFlame has created a patented system that replaces traditional diesel engines, aiming to decarbonize heavy-duty engines while reducing operating costs. This innovative technology allows heavy-duty engine manufacturers to produce engines that offer higher performance and fuel cost savings, addressing the challenges posed by reliance on diesel fuel.
Energetic Capital
Series A in 2021
Energetic Capital was created to catalyze deployment of renewable energy with a focus on sub-investment grade and unrated credit risks. Our process is faster and more scalable than any existing financing options, allowing more organizations to access and procure clean energy and efficiency solutions. We provide a comprehensive financing package that unlocks the benefits of efficient and affordable financing for renewable energy.
Leading Edge Equipment Technologies
Convertible Note in 2021
Leading Edge Equipment Technologies, Inc. is a manufacturer and supplier of equipment for solar panel production. Founded in 2008 and based in Wilmington, Massachusetts, the company specializes in developing kerfless, single-crystal silicon wafers designed to enhance the efficiency and reduce the costs of solar cells and panels. Their innovative floating silicon method eliminates the need for wire-sawing large silicon ingots, utilizing less energy-intensive furnaces and resulting in higher efficiency solar cells. This technology not only lowers manufacturing costs but also reduces emissions, making it an environmentally friendly option for solar panel manufacturers. Formerly known as Leading Edge Crystal Technologies, the company rebranded in May 2020 to reflect its focus on advanced equipment technologies in the renewable energy sector.
BlueDot Photonics
Seed Round in 2021
BlueDot Photonics, Inc. is a company based in Kirkland, Washington, that designs, develops, and produces solar panels and various photonic devices. Established in 2019, the company focuses on enhancing solar panel performance and durability through innovative semiconductor materials. By improving the power output of solar panels, BlueDot Photonics aims to make clean energy more accessible and affordable for a broader range of customers.
60Hertz
Series A in 2021
60Hertz Inc is a software company that specializes in developing a computerized maintenance management system (CMMS) tailored for power plant operators and distributed energy resources, including microgrids and large-scale solar and battery storage systems. Founded in 2016 and based in Anchorage, Alaska, the company’s mobile application facilitates daily operations and maintenance tasks by offering features such as preventive and predictive maintenance planning, work order management, and performance visibility for project owners and fleet managers. The software enhances operator efficiency by providing custom maintenance checklists and integrating with monitoring platforms to create smart work orders. Additionally, 60Hertz's application supports offline functionality and allows for the validation of task completion through photo uploads, thus streamlining operations and reducing costs associated with training and diesel consumption.
Pearl Certification
Series A in 2021
Pearl Certification, founded in 2015 and based in Vienna, Virginia, specializes in home energy efficiency certification programs. The company provides third-party certification for homes that emphasize health, safety, comfort, and energy and water efficiency. By collaborating with real estate agents, contractors, and builders, Pearl Certification offers independent documentation that enhances buyer confidence during home transactions. This certification helps homeowners realize the value of their investments in energy-efficient upgrades, making it beneficial for refinancing or resale purposes. Additionally, by promoting high-performance homes, Pearl Certification contributes to the broader adoption of energy-efficient and sustainable building practices, positively impacting homeowners, the real estate market, and the environment.
Boston Materials
Series A in 2021
Boston Materials, Inc. is a manufacturer of advanced composite materials, specializing in 3D reinforced carbon fiber pre-pregs. Founded in 2016 and based in Bedford, Massachusetts, the company utilizes patented Z-axis Fiber technology, which incorporates vertically aligned carbon fibers to enhance energy transfer properties. Its product line includes Carbon Supercomposite, a magnetically assembled carbon fiber pre-preg, which finds applications across various sectors such as aerospace, automotive, marine, wind energy, and sports equipment. Boston Materials' advanced materials aim to improve thermal, electrical, and mechanical properties, offering a roll-to-roll manufacturing process with in-line quality control and an annual production capacity of one million square meters. These innovations enable industries like semiconductors and electrified vehicles to achieve greater efficiency, reliability, and weight reduction while addressing critical challenges in durability and performance.
Ndustrial
Series A in 2021
Ndustrial specializes in providing analytical engines and an industrial optimization platform tailored for mid-tier manufacturers and energy companies. Their solutions focus on enhancing production control, improving energy efficiency, and minimizing waste, which enables organizations to optimize operations and reduce costs. The company employs a proprietary industrial operating system that integrates legacy data and facilitates the deployment of new Industrial IoT assets. Additionally, Ndustrial offers real-time cloud-based applications designed for factories and industrial facilities, utilizing predictive control algorithms to support efficient resource management across various sectors.
Aqua Membranes
Venture Round in 2021
Aqua Membranes LLC specializes in the manufacture of reverse osmosis (RO) membrane filtration systems for both commercial and household applications. Founded in 2011 and headquartered in Albuquerque, New Mexico, the company employs innovative three-dimensional Printed Spacer Technology to enhance the performance of its spiral wound membrane elements. This technology replaces traditional feed spacer mesh with directly printed spacers, leading to reduced fouling and lower energy consumption. Aqua Membranes' products cater to various sectors, including home RO systems, seawater desalination, food processing, and industrial applications, thereby contributing to more efficient water treatment solutions and a sustainable water future.
Volexion
Seed Round in 2021
Volexion Inc. is a manufacturer of lithium-ion batteries based in Chicago, Illinois, established in 2018. The company specializes in innovative graphene coating technology designed for commercial lithium-ion cathode materials. This advanced technology significantly enhances battery performance, offering improvements such as longer battery life, better power output, and a broader voltage range. Volexion's approach provides clients with a stable and efficient solution that optimizes the electrochemical performance of conventional lithium-ion batteries.
Nth Cycle
Venture Round in 2021
Nth Cycle is a metal processing technology company that focuses on recovering critical minerals through innovative electro-extraction methods. It collaborates with battery recyclers and mining operations to extract production-grade minerals from e-waste and low-grade mine tailings, offering a cleaner and more customizable alternative to traditional hydrometallurgical and pyrometallurgical processes. By utilizing its advanced recycling technology, Nth Cycle aims to reduce reliance on primary mining, thereby creating a sustainable secondary source of rare earth metals in the United States. This approach supports the manufacturing and recycling industries while contributing to advancements in clean energy.
LineVision
Series B in 2021
LineVision, Inc. is a developer of advanced transmission line monitoring systems for electric utilities, headquartered in Somerville, Massachusetts. Incorporated in 2018, the company focuses on enhancing the efficiency, flexibility, and safety of overhead power lines. Utilizing patented non-contact sensors, LineVision’s systems provide real-time monitoring and analytics, enabling utilities to assess conductor health, detect anomalies, and optimize asset management through dynamic line ratings. The platform is designed for rapid deployment without the need for scheduled outages or specialized equipment. By delivering critical insights into the performance of transmission lines, LineVision aids utilities in increasing the capacity, resilience, and safety of the electrical grid, thereby supporting the transition to more sustainable energy solutions.
Cleartrace
Series A in 2020
ClearTrace is a software company based in Austin, Texas, specializing in automated energy and carbon accounting for various stakeholders, including investors, enterprises, and real estate owners. Founded in 2017, the company has developed a digital infrastructure that provides accurate and verifiable data on energy emissions. This technology enables organizations to substantiate their claims regarding carbon reductions and sustainability efforts, thereby helping to prevent greenwashing and offering a reliable basis for corporate decarbonization. By facilitating transparency in energy generation and consumption, ClearTrace supports its clients in achieving their sustainability and financial objectives while promoting the growth of renewable energy production.
Boston Materials
Convertible Note in 2020
Boston Materials, Inc. is a manufacturer of advanced composite materials, specializing in 3D reinforced carbon fiber pre-pregs. Founded in 2016 and based in Bedford, Massachusetts, the company utilizes patented Z-axis Fiber technology, which incorporates vertically aligned carbon fibers to enhance energy transfer properties. Its product line includes Carbon Supercomposite, a magnetically assembled carbon fiber pre-preg, which finds applications across various sectors such as aerospace, automotive, marine, wind energy, and sports equipment. Boston Materials' advanced materials aim to improve thermal, electrical, and mechanical properties, offering a roll-to-roll manufacturing process with in-line quality control and an annual production capacity of one million square meters. These innovations enable industries like semiconductors and electrified vehicles to achieve greater efficiency, reliability, and weight reduction while addressing critical challenges in durability and performance.
Leading Edge Equipment Technologies
Series A in 2020
Leading Edge Equipment Technologies, Inc. is a manufacturer and supplier of equipment for solar panel production. Founded in 2008 and based in Wilmington, Massachusetts, the company specializes in developing kerfless, single-crystal silicon wafers designed to enhance the efficiency and reduce the costs of solar cells and panels. Their innovative floating silicon method eliminates the need for wire-sawing large silicon ingots, utilizing less energy-intensive furnaces and resulting in higher efficiency solar cells. This technology not only lowers manufacturing costs but also reduces emissions, making it an environmentally friendly option for solar panel manufacturers. Formerly known as Leading Edge Crystal Technologies, the company rebranded in May 2020 to reflect its focus on advanced equipment technologies in the renewable energy sector.
SunDensity
Seed Round in 2020
SunDensity Inc. specializes in the research, design, and development of Photonic Smart Coating technology, specifically its patent-pending PSC™. This innovative technology facilitates the up and down conversion of light wavelengths, addressing inefficiencies in photonics. The company's products aim to enhance the efficiency of solar photovoltaics, thereby reducing electricity generation costs. In addition, SunDensity's technology allows for the customization of thermal and optical properties in architectural glass and increases the quantum efficiency of optoelectronic instruments. Founded in 2016, SunDensity is headquartered in Boston, Massachusetts, with an additional office 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 headquartered in Albuquerque, New Mexico, the company employs innovative three-dimensional Printed Spacer Technology to enhance the performance of its spiral wound membrane elements. This technology replaces traditional feed spacer mesh with directly printed spacers, leading to reduced fouling and lower energy consumption. Aqua Membranes' products cater to various sectors, including home RO systems, seawater desalination, food processing, and industrial applications, thereby contributing to more efficient water treatment solutions and a sustainable water future.
Kuva Systems
Venture Round in 2020
Kuva Systems, founded in 2015 and based in Cambridge, Massachusetts, has created an industrial IoT solution focused on monitoring and quantifying methane and volatile organic compound (VOC) emissions. The company's infrared imaging system automatically detects and measures these emissions, providing operators with annotated video clips of leaks. It captures emission events in both day-only and day-night modes, and transfers the quantified visuals to the cloud in real-time. This technology enables oil and gas companies to efficiently monitor their assets and manage environmental compliance.
SparkMeter
Series A in 2020
SparkMeter, Inc. designs electricity metering systems and grid management software aimed at enhancing electricity access in underserved markets, particularly rural areas. Founded in 2012 and based in Washington, D.C., with an office in Nairobi, Kenya, the company offers a range of metering products tailored to different customer needs, including residential and commercial users. Its solutions include the SM16R, SM60R, SM60RP, and SM200E models, which cater to various consumption levels. In addition to hardware, SparkMeter provides software solutions that facilitate prepaid billing, customer communication, and remote monitoring, thus improving grid efficiency and asset performance. By enabling utilities to automate operations, manage loads, and integrate renewable energy sources, SparkMeter helps communities access sustainable and reliable electricity.
Boston Materials
Seed Round in 2020
Boston Materials, Inc. is a manufacturer of advanced composite materials, specializing in 3D reinforced carbon fiber pre-pregs. Founded in 2016 and based in Bedford, Massachusetts, the company utilizes patented Z-axis Fiber technology, which incorporates vertically aligned carbon fibers to enhance energy transfer properties. Its product line includes Carbon Supercomposite, a magnetically assembled carbon fiber pre-preg, which finds applications across various sectors such as aerospace, automotive, marine, wind energy, and sports equipment. Boston Materials' advanced materials aim to improve thermal, electrical, and mechanical properties, offering a roll-to-roll manufacturing process with in-line quality control and an annual production capacity of one million square meters. These innovations enable industries like semiconductors and electrified vehicles to achieve greater efficiency, reliability, and weight reduction while addressing critical challenges in durability and performance.
ClearFlame Engines
Seed Round in 2020
ClearFlame Engines, Inc. is a company that develops and manufactures engines specifically designed for heavy-duty applications, including markets such as marine, agriculture, transportation, power generation, rail, and construction. Founded in 2016 and headquartered in Woodridge, Illinois, ClearFlame has created a patented system that replaces traditional diesel engines, aiming to decarbonize heavy-duty engines while reducing operating costs. This innovative technology allows heavy-duty engine manufacturers to produce engines that offer higher performance and fuel cost savings, addressing the challenges posed by reliance on diesel fuel.
Leading Edge Equipment Technologies
Convertible Note in 2020
Leading Edge Equipment Technologies, Inc. is a manufacturer and supplier of equipment for solar panel production. Founded in 2008 and based in Wilmington, Massachusetts, the company specializes in developing kerfless, single-crystal silicon wafers designed to enhance the efficiency and reduce the costs of solar cells and panels. Their innovative floating silicon method eliminates the need for wire-sawing large silicon ingots, utilizing less energy-intensive furnaces and resulting in higher efficiency solar cells. This technology not only lowers manufacturing costs but also reduces emissions, making it an environmentally friendly option for solar panel manufacturers. Formerly known as Leading Edge Crystal Technologies, the company rebranded in May 2020 to reflect its focus on advanced equipment technologies in the renewable energy sector.
ConnectDER
Series B in 2020
ConnectDER LLC is a solar technology company based in Philadelphia, Pennsylvania, specializing in solutions that facilitate the connection of distributed energy resources, particularly solar photovoltaic systems, to residential homes and the grid. The company designs and manufactures innovative meter collars that serve as a connection point between residential electric meters and meter sockets, effectively transforming these sockets into a grid-friendly platform for solar energy, battery storage, and electric vehicle charging. Additionally, ConnectDER offers ConnectDER Cloud, a system that allows fleet operators to access metering and operational data, manage firmware, and oversee the commissioning and decommissioning of ConnectDER units. Founded in 2011 and rebranded in 2015, ConnectDER aims to simplify the integration of renewable energy technologies, benefiting both users and the broader energy grid.
Rebound Technologies
Series A in 2020
Rebound Technologies, Inc. specializes in the manufacturing and supply of advanced thermal energy storage systems tailored for commercial refrigeration and off-grid cooling applications. Founded in 2012 and based in Commerce City, Colorado, the company offers innovative products such as IcePoint, which integrates an embedded thermal energy storage system to significantly reduce cooling costs for supermarkets, and SunChill, designed for agricultural needs in developing regions. SunChill effectively converts solar thermal energy into refrigeration, enhancing agricultural productivity by rapidly cooling harvested crops and maintaining their quality at local markets. Rebound Technologies emphasizes customized solutions that utilize renewable resources and waste heat capture, aiming to improve energy efficiency and reduce costs while supporting self-sustaining business models. The company's initiatives are currently backed by research grants from the U.S. Federal Government.
Pearl Certification
Series A in 2019
Pearl Certification, founded in 2015 and based in Vienna, Virginia, specializes in home energy efficiency certification programs. The company provides third-party certification for homes that emphasize health, safety, comfort, and energy and water efficiency. By collaborating with real estate agents, contractors, and builders, Pearl Certification offers independent documentation that enhances buyer confidence during home transactions. This certification helps homeowners realize the value of their investments in energy-efficient upgrades, making it beneficial for refinancing or resale purposes. Additionally, by promoting high-performance homes, Pearl Certification contributes to the broader adoption of energy-efficient and sustainable building practices, positively impacting homeowners, the real estate market, and the environment.
LineVision
Convertible Note in 2019
LineVision, Inc. is a developer of advanced transmission line monitoring systems for electric utilities, headquartered in Somerville, Massachusetts. Incorporated in 2018, the company focuses on enhancing the efficiency, flexibility, and safety of overhead power lines. Utilizing patented non-contact sensors, LineVision’s systems provide real-time monitoring and analytics, enabling utilities to assess conductor health, detect anomalies, and optimize asset management through dynamic line ratings. The platform is designed for rapid deployment without the need for scheduled outages or specialized equipment. By delivering critical insights into the performance of transmission lines, LineVision aids utilities in increasing the capacity, resilience, and safety of the electrical grid, thereby supporting the transition to more sustainable energy solutions.
Boston Materials
Convertible Note in 2019
Boston Materials, Inc. is a manufacturer of advanced composite materials, specializing in 3D reinforced carbon fiber pre-pregs. Founded in 2016 and based in Bedford, Massachusetts, the company utilizes patented Z-axis Fiber technology, which incorporates vertically aligned carbon fibers to enhance energy transfer properties. Its product line includes Carbon Supercomposite, a magnetically assembled carbon fiber pre-preg, which finds applications across various sectors such as aerospace, automotive, marine, wind energy, and sports equipment. Boston Materials' advanced materials aim to improve thermal, electrical, and mechanical properties, offering a roll-to-roll manufacturing process with in-line quality control and an annual production capacity of one million square meters. These innovations enable industries like semiconductors and electrified vehicles to achieve greater efficiency, reliability, and weight reduction while addressing critical challenges in durability and performance.
ConnectDER
Series B in 2019
ConnectDER LLC is a solar technology company based in Philadelphia, Pennsylvania, specializing in solutions that facilitate the connection of distributed energy resources, particularly solar photovoltaic systems, to residential homes and the grid. The company designs and manufactures innovative meter collars that serve as a connection point between residential electric meters and meter sockets, effectively transforming these sockets into a grid-friendly platform for solar energy, battery storage, and electric vehicle charging. Additionally, ConnectDER offers ConnectDER Cloud, a system that allows fleet operators to access metering and operational data, manage firmware, and oversee the commissioning and decommissioning of ConnectDER units. Founded in 2011 and rebranded in 2015, ConnectDER aims to simplify the integration of renewable energy technologies, benefiting both users and the broader energy grid.
Rebound Technologies
Series A in 2019
Rebound Technologies, Inc. specializes in the manufacturing and supply of advanced thermal energy storage systems tailored for commercial refrigeration and off-grid cooling applications. Founded in 2012 and based in Commerce City, Colorado, the company offers innovative products such as IcePoint, which integrates an embedded thermal energy storage system to significantly reduce cooling costs for supermarkets, and SunChill, designed for agricultural needs in developing regions. SunChill effectively converts solar thermal energy into refrigeration, enhancing agricultural productivity by rapidly cooling harvested crops and maintaining their quality at local markets. Rebound Technologies emphasizes customized solutions that utilize renewable resources and waste heat capture, aiming to improve energy efficiency and reduce costs while supporting self-sustaining business models. The company's initiatives are currently backed by research grants from the U.S. Federal Government.
Pearl Certification
Series A in 2019
Pearl Certification, founded in 2015 and based in Vienna, Virginia, specializes in home energy efficiency certification programs. The company provides third-party certification for homes that emphasize health, safety, comfort, and energy and water efficiency. By collaborating with real estate agents, contractors, and builders, Pearl Certification offers independent documentation that enhances buyer confidence during home transactions. This certification helps homeowners realize the value of their investments in energy-efficient upgrades, making it beneficial for refinancing or resale purposes. Additionally, by promoting high-performance homes, Pearl Certification contributes to the broader adoption of energy-efficient and sustainable building practices, positively impacting homeowners, the real estate market, and the environment.
Leading Edge Equipment Technologies
Seed Round in 2019
Leading Edge Equipment Technologies, Inc. is a manufacturer and supplier of equipment for solar panel production. Founded in 2008 and based in Wilmington, Massachusetts, the company specializes in developing kerfless, single-crystal silicon wafers designed to enhance the efficiency and reduce the costs of solar cells and panels. Their innovative floating silicon method eliminates the need for wire-sawing large silicon ingots, utilizing less energy-intensive furnaces and resulting in higher efficiency solar cells. This technology not only lowers manufacturing costs but also reduces emissions, making it an environmentally friendly option for solar panel manufacturers. Formerly known as Leading Edge Crystal Technologies, the company rebranded in May 2020 to reflect its focus on advanced equipment technologies in the renewable energy sector.
SparkMeter
Series A in 2019
SparkMeter, Inc. designs electricity metering systems and grid management software aimed at enhancing electricity access in underserved markets, particularly rural areas. Founded in 2012 and based in Washington, D.C., with an office in Nairobi, Kenya, the company offers a range of metering products tailored to different customer needs, including residential and commercial users. Its solutions include the SM16R, SM60R, SM60RP, and SM200E models, which cater to various consumption levels. In addition to hardware, SparkMeter provides software solutions that facilitate prepaid billing, customer communication, and remote monitoring, thus improving grid efficiency and asset performance. By enabling utilities to automate operations, manage loads, and integrate renewable energy sources, SparkMeter helps communities access sustainable and reliable electricity.
Energetic Capital
Seed Round in 2019
Energetic Capital was created to catalyze deployment of renewable energy with a focus on sub-investment grade and unrated credit risks. Our process is faster and more scalable than any existing financing options, allowing more organizations to access and procure clean energy and efficiency solutions. We provide a comprehensive financing package that unlocks the benefits of efficient and affordable financing for renewable energy.
LineVision
Series A in 2019
LineVision, Inc. is a developer of advanced transmission line monitoring systems for electric utilities, headquartered in Somerville, Massachusetts. Incorporated in 2018, the company focuses on enhancing the efficiency, flexibility, and safety of overhead power lines. Utilizing patented non-contact sensors, LineVision’s systems provide real-time monitoring and analytics, enabling utilities to assess conductor health, detect anomalies, and optimize asset management through dynamic line ratings. The platform is designed for rapid deployment without the need for scheduled outages or specialized equipment. By delivering critical insights into the performance of transmission lines, LineVision aids utilities in increasing the capacity, resilience, and safety of the electrical grid, thereby supporting the transition to more sustainable energy solutions.
CleanFiber
Venture Round in 2018
CleanFiber, LLC specializes in producing high-performance cellulose insulation materials made from recycled corrugated cardboard for residential and commercial construction. Founded in 2013 and based in Blasdell, New York, with an additional office in Buffalo, CleanFiber transitioned from its previous name, UltraCell Insulation, in September 2018. The company focuses on providing sustainable, carbon-negative insulation solutions that can be applied in attics, walls, and floors, catering to both new construction and retrofit projects. CleanFiber's products not only enhance fire resistance in buildings but also offer a cost-competitive alternative for construction companies, supporting environmentally friendly building practices. The company is currently expanding its production capabilities to meet growing demand.
Boston Materials
Seed Round in 2018
Boston Materials, Inc. is a manufacturer of advanced composite materials, specializing in 3D reinforced carbon fiber pre-pregs. Founded in 2016 and based in Bedford, Massachusetts, the company utilizes patented Z-axis Fiber technology, which incorporates vertically aligned carbon fibers to enhance energy transfer properties. Its product line includes Carbon Supercomposite, a magnetically assembled carbon fiber pre-preg, which finds applications across various sectors such as aerospace, automotive, marine, wind energy, and sports equipment. Boston Materials' advanced materials aim to improve thermal, electrical, and mechanical properties, offering a roll-to-roll manufacturing process with in-line quality control and an annual production capacity of one million square meters. These innovations enable industries like semiconductors and electrified vehicles to achieve greater efficiency, reliability, and weight reduction while addressing critical challenges in durability and performance.
Leading Edge Equipment Technologies
Convertible Note in 2018
Leading Edge Equipment Technologies, Inc. is a manufacturer and supplier of equipment for solar panel production. Founded in 2008 and based in Wilmington, Massachusetts, the company specializes in developing kerfless, single-crystal silicon wafers designed to enhance the efficiency and reduce the costs of solar cells and panels. Their innovative floating silicon method eliminates the need for wire-sawing large silicon ingots, utilizing less energy-intensive furnaces and resulting in higher efficiency solar cells. This technology not only lowers manufacturing costs but also reduces emissions, making it an environmentally friendly option for solar panel manufacturers. Formerly known as Leading Edge Crystal Technologies, the company rebranded in May 2020 to reflect its focus on advanced equipment technologies in the renewable energy sector.
SparkMeter
Seed Round in 2018
SparkMeter, Inc. designs electricity metering systems and grid management software aimed at enhancing electricity access in underserved markets, particularly rural areas. Founded in 2012 and based in Washington, D.C., with an office in Nairobi, Kenya, the company offers a range of metering products tailored to different customer needs, including residential and commercial users. Its solutions include the SM16R, SM60R, SM60RP, and SM200E models, which cater to various consumption levels. In addition to hardware, SparkMeter provides software solutions that facilitate prepaid billing, customer communication, and remote monitoring, thus improving grid efficiency and asset performance. By enabling utilities to automate operations, manage loads, and integrate renewable energy sources, SparkMeter helps communities access sustainable and reliable electricity.
EnergySage
Series A in 2018
EnergySage, LLC is an online marketplace based in Boston, Massachusetts, specializing in solar and clean energy technologies for homeowners, businesses, and non-profits. Founded in 2009, the company provides a platform that offers educational resources and analytical tools, helping consumers identify and compare suitable clean energy solutions, including rooftop solar, battery storage, community solar, heat pumps, and electric vehicle charging. Through its service, EnergySage guides potential buyers in requesting and evaluating competitive quotes from pre-screened installers, facilitating a convenient and cost-effective shopping experience for clean energy products and services.
CleanFiber
Venture Round in 2018
CleanFiber, LLC specializes in producing high-performance cellulose insulation materials made from recycled corrugated cardboard for residential and commercial construction. Founded in 2013 and based in Blasdell, New York, with an additional office in Buffalo, CleanFiber transitioned from its previous name, UltraCell Insulation, in September 2018. The company focuses on providing sustainable, carbon-negative insulation solutions that can be applied in attics, walls, and floors, catering to both new construction and retrofit projects. CleanFiber's products not only enhance fire resistance in buildings but also offer a cost-competitive alternative for construction companies, supporting environmentally friendly building practices. The company is currently expanding its production capabilities to meet growing demand.
Zagster
Series C in 2018
Zagster Inc. specializes in designing, building, and operating bike-sharing programs for various entities, including universities, corporate campuses, hotels, and residential communities across North America. Founded in 2007 and headquartered in Cambridge, Massachusetts, the company provides a comprehensive bike-sharing solution that encompasses system design, installation, sharing technology, maintenance, and rider support services. Zagster's mobile application allows users to unlock, ride, and return bikes conveniently, enhancing accessibility to biking as a form of transportation. The company also offers services for shared scooters and electric bikes, catering to communities of all sizes and aiming to promote biking as a preferred mode of transport.
Energetic Capital
Convertible Note in 2017
Energetic Capital was created to catalyze deployment of renewable energy with a focus on sub-investment grade and unrated credit risks. Our process is faster and more scalable than any existing financing options, allowing more organizations to access and procure clean energy and efficiency solutions. We provide a comprehensive financing package that unlocks the benefits of efficient and affordable financing for renewable energy.
Leading Edge Equipment Technologies
Seed Round in 2017
Leading Edge Equipment Technologies, Inc. is a manufacturer and supplier of equipment for solar panel production. Founded in 2008 and based in Wilmington, Massachusetts, the company specializes in developing kerfless, single-crystal silicon wafers designed to enhance the efficiency and reduce the costs of solar cells and panels. Their innovative floating silicon method eliminates the need for wire-sawing large silicon ingots, utilizing less energy-intensive furnaces and resulting in higher efficiency solar cells. This technology not only lowers manufacturing costs but also reduces emissions, making it an environmentally friendly option for solar panel manufacturers. Formerly known as Leading Edge Crystal Technologies, the company rebranded in May 2020 to reflect its focus on advanced equipment technologies in the renewable energy sector.
CIMCON Lighting
Series B in 2017
CIMCON Lighting, Inc. specializes in developing web-based wireless outdoor lighting management solutions for various types of street lights, including traditional, LED, and solar. The company's systems enable utilities, municipalities, and commercial customers to monitor and control outdoor lighting fixtures effectively. Its offerings include LightingGale software for automated streetlight management, the iSLC-3100 wireless lighting controller, and the NearSky platform, which facilitates the integration of smart city applications such as air quality monitoring and public safety enhancements. CIMCON's technologies have been implemented in over 50 cities across 16 countries, contributing to decreased energy consumption and maintenance costs. The company serves a diverse clientele, including outdoor lighting manufacturers, contractors, and government entities, and is headquartered in Burlington, Massachusetts. Founded in 2012, CIMCON Lighting aims to improve urban living by leveraging existing streetlight infrastructure as a foundation for connected smart city solutions.
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.
Pika Energy
Series A in 2016
Pika Energy, Inc., based in Westbrook, Maine, specializes in the development, manufacture, and sale of small wind turbines and related electronic components tailored for the residential market. Founded in 2010 by engineers from MIT, the company produces a range of products including the T701 home wind turbine, the S2001 PV Link solar add-on, battery converters for energy storage systems, and hybrid inverters that connect renewable energy setups to the utility grid. Pika Energy's innovative platform utilizes a patented REbus DC Nanogrid, which enables efficient power transmission and control among solar arrays, smart batteries, and the grid. The company serves homeowners and small businesses across North America and beyond, selling its products through a trained network of dealers and installers. All products are designed and manufactured in the United States, highlighting a commitment to domestic materials and production. Pika Energy operates as a subsidiary of Generac Holdings Inc.
VoltServer
Series A in 2015
VoltServer Inc. is a company that manufactures and supplies innovative electrical power distribution products, leveraging its patented Digital Electricity technology. This technology enables the delivery of touch-safe electricity through standard data cables, significantly improving the cost, speed, power, distance, efficiency, and flexibility of electrical installations compared to traditional methods. VoltServer's solutions are applicable in various sectors, including telecommunications, data centers, renewable energy, and electric vehicles. The company's products support wireless densification, intelligent buildings, and indoor agriculture. VoltServer began shipping its products in 2015 and has since been deployed in numerous large venues, such as sports stadiums, office buildings, hotels, and medical facilities. Founded in 2011, VoltServer is based in East Greenwich, Rhode Island, with an additional office in Basingstoke, United Kingdom.
PRIME Coalition
Venture Round in 2015
PRIME Coalition is a not-for-profit venture capital firm established in 2014 and based in Cambridge, Massachusetts. As a 501(c)(3) public charity, it focuses on making minority early-stage investments in companies, particularly in the cleantech, business services, and energy services sectors within the United States. The organization aims to support innovative ventures that are positioned to address pressing environmental challenges and promote sustainable practices. Through its investments, PRIME Coalition seeks to foster the development of technologies and services that can contribute to a more sustainable future.
Zagster
Series A in 2015
Zagster Inc. specializes in designing, building, and operating bike-sharing programs for various entities, including universities, corporate campuses, hotels, and residential communities across North America. Founded in 2007 and headquartered in Cambridge, Massachusetts, the company provides a comprehensive bike-sharing solution that encompasses system design, installation, sharing technology, maintenance, and rider support services. Zagster's mobile application allows users to unlock, ride, and return bikes conveniently, enhancing accessibility to biking as a form of transportation. The company also offers services for shared scooters and electric bikes, catering to communities of all sizes and aiming to promote biking as a preferred mode of transport.
Solantro Semiconductor
Venture Round in 2015
Solantro Semiconductor Corp. is a semiconductor company based in Ottawa, Canada, specializing in the design and manufacture of integrated circuits for grid applications, particularly in the renewable energy sector. Founded in 2009, the company develops advanced power management chipsets, including analog power managers, maximizer DC controllers, and micro-inverter controllers. These chipsets enhance the functionality of solar panels, transforming them into integrated power generators. Solantro's products support applications such as DC-AC micro-inverters, DC-DC power optimizers, and intelligent photovoltaic (PV) module safety disconnects. In addition to hardware, the company offers software development tools to facilitate the integration of its semiconductor solutions into power electronics and smart grid systems. Solantro serves various clients in the renewable energy and power electronics industries, leveraging its expertise in system architecture and power conversion to promote scalable and efficient energy solutions.
Bevi
Seed Round in 2015
Bevi is a manufacturer of smart water dispensers designed for offices and commercial spaces. Their innovative product offers customizable flavors created from filtered tap water and natural ingredients, allowing users to make personalized drinks. Bevi's dispensers provide nutritional information and enable users to track their environmental impact, promoting eco-friendly hydration. By eliminating the need for bottled beverages, Bevi aims to reduce waste associated with production, shipping, and disposal. The company envisions a future in which their platform transforms beverage delivery by utilizing the municipal water supply.
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.
WeSpire
Series A in 2014
WeSpire Inc. is an engagement platform based in Boston, Massachusetts, that specializes in sustainability and corporate responsibility programs for global corporations. Founded in 2010, the company, formerly known as Practically Green, LLC, empowers organizations to engage their employees in impactful initiatives through persuasive technology. WeSpire's platform incorporates dynamic content, social levers, and gamification, utilizing applied behavioral science to drive participation and measure outcomes across various areas, including energy, water, waste, transportation, food, volunteerism, and corporate citizenship. The company collaborates with prominent brands such as Unilever, MGM Resorts International, and Sony to foster engagement in sustainability and well-being programs, helping organizations achieve measurable positive impacts.
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. is a company that manufactures and supplies innovative electrical power distribution products, leveraging its patented Digital Electricity technology. This technology enables the delivery of touch-safe electricity through standard data cables, significantly improving the cost, speed, power, distance, efficiency, and flexibility of electrical installations compared to traditional methods. VoltServer's solutions are applicable in various sectors, including telecommunications, data centers, renewable energy, and electric vehicles. The company's products support wireless densification, intelligent buildings, and indoor agriculture. VoltServer began shipping its products in 2015 and has since been deployed in numerous large venues, such as sports stadiums, office buildings, hotels, and medical facilities. Founded in 2011, VoltServer is based in East Greenwich, Rhode Island, with an additional office in Basingstoke, United Kingdom.
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, established in 2010 as a spinout from MIT's LEES Laboratory, specializes in developing advanced power electronic systems. Headquartered in Menlo Park, California, the company is recognized for its innovative VHF power conversion technology, operating at switching frequencies between 30 to 300 MHz. Its flagship product, the DART adapter, features a compact design that is four times smaller and six times lighter than traditional adapters, making it the smallest in the world. The DART is capable of simultaneously charging a laptop and a mobile device through its built-in USB port, all while occupying a single electrical socket. With a strong emphasis on high power density and performance, FINsix holds twenty issued and pending patents, underscoring its commitment to transforming power delivery in consumer electronics. The company has also formed a strategic partnership with Toyota Industries Corporation.
7AC Technologies
Debt Financing in 2011
7AC Technologies Inc. is a company based in Beverly, Massachusetts, specializing in the development of innovative HVAC solutions that utilize membrane-isolated plastic plate technology and liquid desiccants. This approach allows for the design of ultra-efficient HVAC systems tailored for commercial and industrial buildings, achieving over a 50% reduction in energy costs compared to traditional HVAC units. Originally founded in 2009 as 7Solar Technologies, Inc., the company rebranded to 7AC Technologies Inc. in September 2011. As of late 2020, it operates as a subsidiary of Emerson Electric Co.
VCharge
Seed Round in 2011
VCharge, Inc. specializes in intelligent infrastructure for energy management, focusing on transactive electric loads that enhance efficiency and reduce costs. The company develops VNet, a power management platform that coordinates distributed transactive load assets, alongside SmartBricks and SmartHydro, which are controllers for electric thermal storage heating systems. These systems manage loads from electric vehicle charging stations and compressed air systems. VCharge also provides VConsole, a web-based interface that offers control and information for users, utilities, and maintenance personnel. By aggregating and monetizing electric loads with embedded storage, VCharge enables energy arbitrage and grid services, significantly lowering energy costs for homeowners. While the technology is more prevalent in Europe, VCharge operates in North America and has established a presence in the UK. Founded in 2009 and headquartered in Providence, Rhode Island, VCharge operates as a subsidiary of OVO Energy Limited.
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