Exelon

Exelon Corporation is a prominent American energy producer and distributor, headquartered in Chicago, Illinois. Established in 1887, the company is involved in the generation, trading, and distribution of electricity and natural gas across the United States. Exelon operates a diverse portfolio of electric generating facilities, including nuclear, fossil, hydroelectric, wind, and solar power plants. The company also provides wholesale and retail energy services, offering electricity and natural gas products to a variety of customers, including distribution utilities, municipalities, and residential clients. Its operations span multiple regions, including the Mid-Atlantic, Midwest, New England, New York, and ERCOT. Additionally, Exelon is engaged in risk management and natural gas exploration, further diversifying its energy offerings. As a key player in the energy market, Exelon emphasizes the integration of renewable energy solutions into its service portfolio.

Calvin G Butler

President and CEO

Bryan Hanson

Vice President

Colette D. Honorable

Executive Vice President of Public Policy and Chief External Affairs Officer

13 past transactions

Metal Light

Convertible Note in 2024
Metal Light is a clean technology company focused on creating a power-generating platform that utilizes innovative metal-air technology. This system serves as a drop-in replacement for traditional diesel generators, offering a reliable source of electricity while being emission-free at the point of use. The company's approach ensures a lower carbon impact throughout the product's lifecycle, enabling portable energy generation, residential power backup, and off-grid solutions. By providing access to clean and durable lighting at an affordable price, Metal Light aims to meet the growing global demand for sustainable energy alternatives.

ChargerHelp!

Series A in 2023
ChargerHelp! specializes in maintaining and repairing electric vehicle (EV) charging stations through an innovative app-based dispatch system. By offering on-demand support from trained local technicians, the company addresses the widespread issue of non-operational charging stations, which is critical as the demand for EV infrastructure continues to rise. This service enhances efficiency, reduces turnaround times, and lowers maintenance costs for EV charging network operators. Through its platform, ChargerHelp! connects manufacturers and network providers with skilled maintenance personnel, facilitating workforce development in the clean technology sector. The company has successfully launched its app and has established contracts with several major EV charging network operators, positioning itself as a key player in the rapidly evolving green economy.

Sweeten

Venture Round in 2023
Sweeten is a home renovation platform that connects homeowners with vetted general contractors to facilitate renovation projects. The company provides a personalized matching service, ensuring that each project is paired with a suitable contractor while also offering guidance and financial protection at no cost to the homeowner. For general contractors, Sweeten serves as an efficient growth engine by streamlining marketing, lead acquisition, and project bidding, while also vetting projects for budget and readiness. The platform features a wealth of resources, including an extensive online library of renovation knowledge, promoting transparency and informed decision-making for both homeowners and contractors. Since its launch in 2011, Sweeten has expanded its services to ten major cities across the United States, handling projects with budgets ranging from $15,000 to over $3 million.

Cleartrace

Series B in 2022
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.

Rolls-Royce Holdings

Post in 2021
Rolls-Royce Holdings is an industrial technology company headquartered in London, United Kingdom, specializing in integrated power and propulsion solutions. Established in 1884, the company operates through four main divisions: Civil Aerospace, Power Systems, Defence, and ITP Aero. The Civil Aerospace division focuses on the development and support of aero engines for commercial aircraft, regional jets, and business aviation, complemented by aftermarket services. The Power Systems division designs and manufactures reciprocating engines and propulsion systems for various sectors, including marine, defense, and power generation. The Defence division supplies military aero engines and naval propulsion systems, while ITP Aero is involved in the design, manufacturing, and testing of aeronautical engines and gas turbines, along with maintenance services. Rolls-Royce plays a crucial role in facilitating transportation, energy generation, and defense capabilities across the globe, addressing the increasing demand for efficient power solutions.

Lula Convenience

Seed Round in 2021
Lula is the first all-in-one delivery platform for convenience stores. Hundreds of companies are using the proprietary platform to deliver your store’s items on Uber Eats, DoorDash, Postmates, and other marketplaces directly to customers’ doorsteps.

Dynamhex

Seed Round in 2021
Dynamhex operates an emission monitoring platform that provides detailed insights into energy consumption data for individuals, corporations, and government entities. The platform enables users to measure their emission footprints and develop effective reduction strategies aligned with science-based targets. By employing geospatial analytics and advanced visualization techniques, Dynamhex helps city governments and businesses make informed, environmentally responsible decisions. This functionality supports climate leaders in their efforts to combat climate change by facilitating timely and data-driven decision-making.

Dynamhex

Pre Seed Round in 2020
Dynamhex operates an emission monitoring platform that provides detailed insights into energy consumption data for individuals, corporations, and government entities. The platform enables users to measure their emission footprints and develop effective reduction strategies aligned with science-based targets. By employing geospatial analytics and advanced visualization techniques, Dynamhex helps city governments and businesses make informed, environmentally responsible decisions. This functionality supports climate leaders in their efforts to combat climate change by facilitating timely and data-driven decision-making.

Measurabl

Series B in 2019
Measurabl, Inc. is a San Diego-based company that specializes in developing a cloud-based software platform for environmental, social, and governance (ESG) data management, primarily focused on the commercial real estate sector. Founded in 2013, Measurabl's platform enables clients to efficiently collect and analyze non-financial data related to utility usage, waste management, and travel. The software facilitates the creation of investment-grade sustainability reports and provides alerts for improvement opportunities, allowing organizations to benchmark their performance and enhance their ESG initiatives. By empowering customers to assess physical climate risk and drive decarbonization, Measurabl supports the pursuit of sustainable finance opportunities and overall optimization of ESG performance.

NET Power

Funding Round in 2014
NET Power, LLC is a clean energy technology company based in Durham, North Carolina. Founded in 2010, it focuses on developing and commercializing innovative solutions for gas-fired power generation. The company has created the NET Power Cycle, a proprietary system that generates low-cost, reliable electricity from natural gas while capturing nearly all emissions, thereby producing power with zero air emissions. NET Power aims to promote the global adoption of its technology by collaborating with power producers, technology providers, and investors to establish utility-scale plants. As a subsidiary of McDermott International, Inc., NET Power is committed to delivering affordable and sustainable energy solutions worldwide.

Pepco Holdings

Acquisition in 2014
Pepco Holdings, Inc. is a prominent energy delivery company in the Mid-Atlantic region, catering to approximately 2 million customers across Delaware, the District of Columbia, Maryland, and New Jersey. The company operates through its subsidiaries, which include Pepco, Delmarva Power, and Atlantic City Electric, offering regulated electricity services. Delmarva Power also supplies natural gas services. Additionally, Pepco Holdings is involved in promoting energy efficiency and renewable energy solutions through its Pepco Energy Services division.

Constellation Energy

Acquisition in 2011
Constellation Technology Ventures is the venture capital arm of Constellation Energy Group, headquartered in Baltimore, Maryland. Founded in 2010, the organization focuses on investing in innovative companies within the energy technology sector, supporting a diverse range of development stages and technological advancements. Constellation Technology Ventures aims to catalyze growth for its portfolio companies by providing equity capital, management expertise, and facilitating connections within the broader Exelon commercial enterprise. This strategic approach allows Constellation to enhance its impact on the evolving energy landscape while promoting the adoption of sustainable energy solutions.

SusMaX

Susmax is a construction company based in Philadelphia, Pennsylvania, that focuses on producing lightweight aggregate for the construction industry. Founded in 2020, the company utilizes thermodynamics-based technology to transform waste coal combustion products into structural lightweight concrete. This innovative approach enhances the workability and extends the service life of concrete, offering a sustainable solution for construction needs.
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