Energy Innovation Capital

Energy Innovation Capital is a venture capital firm based in Orinda, California. It provides early and growth-stage funding to entrepreneurs innovating in the energy sector and related digital technology, supporting companies with market-leading solutions to global energy challenges. The firm leverages its industry expertise and networks to help portfolio companies grow and scale. It operates as a registered investment adviser, reflecting its fiduciary responsibilities and disciplined approach to investment. Energy Innovation Capital focuses on building companies at the intersection of energy and digital technologies, guiding them from early development through expansion.

David Clouse

Managing Director

George Coyle

Managing Partner

Joaquin Fernandez-Silva

Partner

Chad Gardner

Managing Director and CFO

Rajan Gupta

Senior Managing Director

Past deals in Electrical Equipment

ConnectDER

Series D in 2024
ConnectDER is a solar technology company based in Philadelphia, Pennsylvania, founded in 2011. It specializes in designing and manufacturing meter collars that facilitate the connection of distributed energy resources (DERs) such as solar photovoltaic systems, battery storage, and electric vehicle charging to residential homes and the grid. By transforming the electricity meter socket into an interconnection point, ConnectDER enhances the integration and management of DERs. The company also offers ConnectDER Cloud, a system that allows fleet operators to access metering data, manage operational parameters, and control firmware remotely. This technology improves the efficiency and resilience of home energy systems while benefiting users, the grid, and the environment.

Relectrify

Series B in 2024
Relectrify specializes in developing and supplying advanced battery control solutions aimed at enhancing the lifespan and reducing the costs of battery storage systems. The company's technology includes cell-level battery management and inverter solutions, which are utilized globally in various applications such as residential, industrial, and grid-scale energy storage. Their offerings are suitable for both second-life and new batteries, ensuring optimal performance and longevity.

ConnectDER

Series C in 2023
ConnectDER is a solar technology company based in Philadelphia, Pennsylvania, founded in 2011. It specializes in designing and manufacturing meter collars that facilitate the connection of distributed energy resources (DERs) such as solar photovoltaic systems, battery storage, and electric vehicle charging to residential homes and the grid. By transforming the electricity meter socket into an interconnection point, ConnectDER enhances the integration and management of DERs. The company also offers ConnectDER Cloud, a system that allows fleet operators to access metering data, manage operational parameters, and control firmware remotely. This technology improves the efficiency and resilience of home energy systems while benefiting users, the grid, and the environment.

Relectrify

Funding Round in 2023
Relectrify specializes in developing and supplying advanced battery control solutions aimed at enhancing the lifespan and reducing the costs of battery storage systems. The company's technology includes cell-level battery management and inverter solutions, which are utilized globally in various applications such as residential, industrial, and grid-scale energy storage. Their offerings are suitable for both second-life and new batteries, ensuring optimal performance and longevity.

Relectrify

Series A in 2021
Relectrify specializes in developing and supplying advanced battery control solutions aimed at enhancing the lifespan and reducing the costs of battery storage systems. The company's technology includes cell-level battery management and inverter solutions, which are utilized globally in various applications such as residential, industrial, and grid-scale energy storage. Their offerings are suitable for both second-life and new batteries, ensuring optimal performance and longevity.

Spear Power Systems

Series B in 2019
Spear Power Systems, LLC specializes in the design and manufacture of lithium-ion battery storage systems tailored for demanding applications across various industries, including defense, marine propulsion, oil and gas, and mining. Founded in 2013 and headquartered in Grandview, Missouri, the company offers a diverse range of energy storage solutions, including lithium-ion cells, modules, and battery packs. Notably, their TRIDENT maritime batteries are available in multiple cell chemistries, allowing clients to choose between industry-leading energy density and ultra-high power density based on specific application requirements. Spear Power Systems emphasizes the provision of efficient, compact, and lightweight energy storage systems that facilitate easy transport and installation, ultimately maximizing value and minimizing deployment time for their customers.
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