Prelude Ventures

Prelude Ventures is a San Francisco-based venture capital firm established in 2013, dedicated to investing in early-stage startups that aim to address climate change. The firm focuses on sectors such as advanced energy, food and agriculture, transportation, logistics, advanced materials, manufacturing, and advanced computing. By supporting innovative businesses in these areas, Prelude Ventures seeks to foster the development of the next generation of companies that can significantly impact environmental sustainability and contribute to a more sustainable future.

Carly Anderson

Principal

Katie Clasen

Principal

Mark Cupta

Managing Director

Matt Eggers

Managing Director

Gabriel Kra

Managing Director

Past deals in Electric Grid

Form Energy

Series F in 2024
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 E in 2022
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.

Fervo Energy

Series C in 2022
Founded in 2017, Fervo Energy specializes in developing and operating geothermal assets using proprietary technology. Based in San Francisco, the company generates clean power through innovative geoscience methods, aiming to provide a dispatchable foundation for a 100% clean energy future.

Form Energy

Series D in 2021
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 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.

Natron Energy

Series D in 2020
Natron Energy develops sodium ion battery technologies for various industrial applications. Founded in 2012, the company specializes in stationary energy storage solutions, including UPS systems, electric vehicle charging, and grid support.

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.

Powerhive

Series B in 2019
Powerhive Inc. is a company focused on facilitating rural electrification projects in energy access markets globally. Established in 2011 and headquartered in Berkeley, California, with an additional office in Nairobi, Kenya, Powerhive offers a suite of technology platforms designed to enhance the efficiency and effectiveness of microgrid operations. Its flagship product, Honeycomb, is a cloud-based software platform that automates account management, monitors microgrid operations remotely, and performs real-time data analytics. Other key offerings include Asali, a smart meter for off-grid applications, and SWARM, a tool for site selection and customer identification. Powerhive also provides extensive services in project development and management, covering aspects such as market feasibility studies, site selection, pilot deployments, design, customer acquisition, and on-site training. The company is committed to delivering affordable and reliable electricity to off-grid communities, enabling users to power small appliances and support income-generating activities.

Powerhive

Series A in 2016
Powerhive Inc. is a company focused on facilitating rural electrification projects in energy access markets globally. Established in 2011 and headquartered in Berkeley, California, with an additional office in Nairobi, Kenya, Powerhive offers a suite of technology platforms designed to enhance the efficiency and effectiveness of microgrid operations. Its flagship product, Honeycomb, is a cloud-based software platform that automates account management, monitors microgrid operations remotely, and performs real-time data analytics. Other key offerings include Asali, a smart meter for off-grid applications, and SWARM, a tool for site selection and customer identification. Powerhive also provides extensive services in project development and management, covering aspects such as market feasibility studies, site selection, pilot deployments, design, customer acquisition, and on-site training. The company is committed to delivering affordable and reliable electricity to off-grid communities, enabling users to power small appliances and support income-generating activities.

Aquion Energy

Series E in 2014
Aquion Energy specializes in developing and commercializing innovative energy storage solutions, particularly its proprietary Aqueous Hybrid Ion (AHI™) batteries. These sodium ion batteries are designed for stationary energy storage and are notable for their environmentally friendly design, utilizing non-toxic components such as saltwater. Aquion's technology addresses the limitations of traditional energy storage systems, providing safe, reliable, and sustainable options that are non-flammable and non-explosive. By enhancing the electrical grid, Aquion's AHI systems optimize existing generation assets and facilitate the broader adoption of renewable energy technologies, thereby contributing to the reduction of reliance on fossil fuels.
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