Breakthrough Energy Ventures

Breakthrough Energy Ventures is an investor-led venture capital firm based in Kirkland, Washington, focused on climate and energy technology. It makes minority investments across seed, early, and later stages in companies delivering environmental services, climate technology, and cleantech solutions. The firm seeks scalable technologies that provide reliable, affordable power while reducing greenhouse gas emissions and supports innovations that address energy access, infrastructure, and transportation needs. Its mission emphasizes patient, impact-oriented investing to accelerate the transition to low-emission energy systems.

Bunmi Adekore

Investor

Tara Bansal

Investor

Gaëtan Bonhomme

Investor

Jim Cabot

Managing Director

Priscilla Chan MD

Co-Founder, Breakthrough Energy Coalition

Bhargavi Chevva

Investor

Quinn Cornelius

Investor

David Danielson

Managing Director

Mark Gallogly

Investor

Christian Garcia

Managing Director

Tom Griffin

Investor

Mark Hartney

Principal

Timothy Heidel

Principal

Christina Karapataki

Partner

Sila Kiliccote

Partner

Allegra Kowalewski-Ferreira

Investor

Phil Larochell

Principal

Phil Larochelle Ph.D

Partner, Breakthrough Energy Ventures

Cheua Lovan

Investor

Brian Mayers

Investor

Jeff Momplaisir

Senior Associate

Chris Poirier

Investor

Julia Reinaud Ph.D

Senior Director, Europe

Juilia Reinaud

Senior Director

Cooper Rinzler

Investor

Christopher Rivest

Investor

Kyle Teamey

Investor

Eric Toone

Managing Director

Peter Turner

Investor

Libby Wayman

Investor

Karl White

Investor

Stefan Zlatev

Investor

Past deals in Wind Energy

AirLoom Energy

Seed Round in 2024
AirLoom Energy develops wind energy technology that uses lightweight wings operating on a track to capture wind. The design aims to deliver the same amount of energy as conventional turbines at a fraction of the cost, enabling low-cost utility-scale wind energy. The system uses multiple small airframes on a slender oval track with downwind forces supported by a bridling system, and the configuration can be adjusted depending on the landscape, allowing clients to harvest wind energy in cost-effective and quicker ways.

Fourth Power

Series A in 2023
Fourth Power specializes in utility-scale thermal battery storage solutions. It converts renewable energy into a reliable on-demand power source, addressing grid needs while facilitating the transition to decarbonized infrastructure.

Malta

Venture Round in 2023
Malta is a developer of industrial-grade, grid-scale electro-thermal energy storage technology. The system captures energy from wind, solar, and fossil generators, converts electrical energy into thermal energy by creating a temperature difference, stores heat in molten salt, and reconverts it to electricity with a heat engine to be dispatched to the grid when needed. The technology enables long-duration energy storage, helping mitigate wind and solar curtailment and improve the matching of generation and demand, addressing bottlenecks in distribution and transmission and supporting affordable, reliable electricity on demand. Founded in 2018 and based in Cambridge, Massachusetts, Malta's solution targets grid operators and energy players seeking to balance supply and demand with grid-scale storage.

AirLoom Energy

Seed Round in 2023
AirLoom Energy develops wind energy technology that uses lightweight wings operating on a track to capture wind. The design aims to deliver the same amount of energy as conventional turbines at a fraction of the cost, enabling low-cost utility-scale wind energy. The system uses multiple small airframes on a slender oval track with downwind forces supported by a bridling system, and the configuration can be adjusted depending on the landscape, allowing clients to harvest wind energy in cost-effective and quicker ways.

Xcel Energy

Grant in 2023
Xcel Energy is a leading electric and natural gas utility company serving approximately 6 million customers across eight states. It generates power through diverse sources including coal, nuclear, natural gas, hydro, solar, wind, and biomass. The company is committed to reducing carbon emissions and aims to supply more than half of its electricity from renewable sources by 2030.

Antora Energy

Series A in 2022
Antora Energy specializes in delivering reliable, zero-carbon industrial heat and power solutions to heavy industries. The company's core technology involves thermal energy storage that absorbs excess solar and wind electricity, converting it into usable heat for industrial processes.

Malta

Series B in 2021
Malta is a developer of industrial-grade, grid-scale electro-thermal energy storage technology. The system captures energy from wind, solar, and fossil generators, converts electrical energy into thermal energy by creating a temperature difference, stores heat in molten salt, and reconverts it to electricity with a heat engine to be dispatched to the grid when needed. The technology enables long-duration energy storage, helping mitigate wind and solar curtailment and improve the matching of generation and demand, addressing bottlenecks in distribution and transmission and supporting affordable, reliable electricity on demand. Founded in 2018 and based in Cambridge, Massachusetts, Malta's solution targets grid operators and energy players seeking to balance supply and demand with grid-scale storage.

Form Energy

Series C in 2020
Form Energy, Inc. is a company focused on developing long-duration energy storage systems aimed at transforming the electric grid by enabling the reliable use of renewable energy sources such as wind and solar. Established in 2017 and based in Somerville, Massachusetts, Form Energy is known for its innovative iron-air battery technology, which allows for the storage of electricity over extended periods, making renewable energy more dispatchable throughout the year. This technology not only helps to replace conventional fossil fuel-based generation but also enhances transmission capacity without the need for new infrastructure. By facilitating deep decarbonization of the electric system, Form Energy plays a significant role in reducing carbon emissions and promoting a sustainable energy future.

Form Energy

Series B in 2019
Form Energy, Inc. is a company focused on developing long-duration energy storage systems aimed at transforming the electric grid by enabling the reliable use of renewable energy sources such as wind and solar. Established in 2017 and based in Somerville, Massachusetts, Form Energy is known for its innovative iron-air battery technology, which allows for the storage of electricity over extended periods, making renewable energy more dispatchable throughout the year. This technology not only helps to replace conventional fossil fuel-based generation but also enhances transmission capacity without the need for new infrastructure. By facilitating deep decarbonization of the electric system, Form Energy plays a significant role in reducing carbon emissions and promoting a sustainable energy future.

Malta

Series A in 2018
Malta is a developer of industrial-grade, grid-scale electro-thermal energy storage technology. The system captures energy from wind, solar, and fossil generators, converts electrical energy into thermal energy by creating a temperature difference, stores heat in molten salt, and reconverts it to electricity with a heat engine to be dispatched to the grid when needed. The technology enables long-duration energy storage, helping mitigate wind and solar curtailment and improve the matching of generation and demand, addressing bottlenecks in distribution and transmission and supporting affordable, reliable electricity on demand. Founded in 2018 and based in Cambridge, Massachusetts, Malta's solution targets grid operators and energy players seeking to balance supply and demand with grid-scale storage.
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