Prelude Ventures

Prelude Ventures is a venture capital firm based in San Francisco, California, focusing on investments in ClimateTech. The firm aims to support innovative companies led by exceptional entrepreneurs and management teams that tackle significant market opportunities to reduce carbon intensity in the global economy. Prelude Ventures manages multiple funds, including Prelude Climate Fund II and Prelude Climate Opportunities Fund I, which target various sectors such as agriculture, energy production, environmental services, and alternative energy equipment. By concentrating on impact investments, the firm seeks to drive meaningful change in the climate sector across the United States and Canada.

Mark Cupta

Managing Director

Alexandra Harbour

Advisor

Gabriel Kra

Managing Director

Bryan Shill

Principal

Timothy A. Woodward

Managing Director

Past deals in Energy

Form Energy

Series D in 2021
Form Energy, Inc. specializes in the development of long-duration energy storage systems aimed at replacing fossil fuel-based generation with renewable energy solutions. The company focuses on creating low-cost battery systems that can store energy from wind and solar sources for extended periods, enabling electricity supply from renewables to be more reliable and dispatchable throughout the year. Form Energy's technology, originally developed at MIT, enhances the electric grid's capacity without necessitating new transmission infrastructure and aims to diminish reliance on conventional thermal generation. Additionally, the company offers Formware, a software tool designed for capacity expansion with advanced optimization capabilities. Founded in 2017 and based in Somerville, Massachusetts, Form Energy is backed by notable investors, including Breakthrough Energy Ventures and MIT’s The Engine, and is driven by a team dedicated to overcoming complex technological challenges through innovation.

Encycle

Venture Round in 2021
REGEN Energy Inc. designs, develops, and markets wireless energy management solutions in Canada and the United States. The company’s products include EnviroGrid swarm-logic controllers, which are attached to electrical loads to communicate and coordinate with each other to reduce electrical demand for commercial, industrial, institutional, and multi-unit residential facilities. Its products are used to control electrical demand for heaters, fans, compressors, chillers, cold storage systems, batter chargers, pumps, and dehumidifiers and humidifiers, as well as for new construction, retrofit, and ongoing building operations.

Form Energy

Series C in 2020
Form Energy, Inc. specializes in the development of long-duration energy storage systems aimed at replacing fossil fuel-based generation with renewable energy solutions. The company focuses on creating low-cost battery systems that can store energy from wind and solar sources for extended periods, enabling electricity supply from renewables to be more reliable and dispatchable throughout the year. Form Energy's technology, originally developed at MIT, enhances the electric grid's capacity without necessitating new transmission infrastructure and aims to diminish reliance on conventional thermal generation. Additionally, the company offers Formware, a software tool designed for capacity expansion with advanced optimization capabilities. Founded in 2017 and based in Somerville, Massachusetts, Form Energy is backed by notable investors, including Breakthrough Energy Ventures and MIT’s The Engine, and is driven by a team dedicated to overcoming complex technological challenges through innovation.

Form Energy

Series B in 2019
Form Energy, Inc. specializes in the development of long-duration energy storage systems aimed at replacing fossil fuel-based generation with renewable energy solutions. The company focuses on creating low-cost battery systems that can store energy from wind and solar sources for extended periods, enabling electricity supply from renewables to be more reliable and dispatchable throughout the year. Form Energy's technology, originally developed at MIT, enhances the electric grid's capacity without necessitating new transmission infrastructure and aims to diminish reliance on conventional thermal generation. Additionally, the company offers Formware, a software tool designed for capacity expansion with advanced optimization capabilities. Founded in 2017 and based in Somerville, Massachusetts, Form Energy is backed by notable investors, including Breakthrough Energy Ventures and MIT’s The Engine, and is driven by a team dedicated to overcoming complex technological challenges through innovation.

Encycle

Venture Round in 2016
REGEN Energy Inc. designs, develops, and markets wireless energy management solutions in Canada and the United States. The company’s products include EnviroGrid swarm-logic controllers, which are attached to electrical loads to communicate and coordinate with each other to reduce electrical demand for commercial, industrial, institutional, and multi-unit residential facilities. Its products are used to control electrical demand for heaters, fans, compressors, chillers, cold storage systems, batter chargers, pumps, and dehumidifiers and humidifiers, as well as for new construction, retrofit, and ongoing building operations.

EnergySavvy

Series D in 2016
EnergySavvy is a cloud software company that helps utilities transform their customer experience and operations. EnergySavvy provides personalized customer insights, breakthrough customer engagement, and automated program delivery with the industry's only platform purpose-built to enhance the customer experience and increase operational efficiency. Nearly 40 utilities and state programs rely on EnergySavvy to enable customer experience transformation in the modern, digital customer era. The company is led by alumni from Microsoft, Amazon, PG&E, and EnerNOC. EnergySavvy brings together expertise in software, user experience, and analytics to deliver cloud solutions that clients love.

Spark Thermionics

Seed Round in 2016
Spark Thermionics offers an energy-generation device that displaces conventional power production methods. The device utilizes heat-to-electricity converters that are based on thermionic energy conversion technology, can produce power from any fuel source at high efficiency, in a quiet package, and can scale from watts to megawatts, enabling people around the world to have cleaner, cheaper, and more secure electricity.

Aquion Energy

Series E in 2014
Aquion Energy is fundamentally­­ changing the economics of power generation, transmission and distribution by developing and commercializing cost-effective energy storage solutions that are safe, reliable, and sustainable from nontoxic components as simple as saltwater. Based on the research of Carnegie Mellon University Professor Jay Whitacre, Aquion's proprietary Aqueous Hybrid Ion (AHI™) battery overcomes the pitfalls of conventional energy storage technologies. AHI systems enhance the electrical grid by providing flexible, emissions-free capacity that optimizes existing generation assets and enables broad adoption of renewable energy technologies.

EnergySavvy

Series C in 2014
EnergySavvy is a cloud software company that helps utilities transform their customer experience and operations. EnergySavvy provides personalized customer insights, breakthrough customer engagement, and automated program delivery with the industry's only platform purpose-built to enhance the customer experience and increase operational efficiency. Nearly 40 utilities and state programs rely on EnergySavvy to enable customer experience transformation in the modern, digital customer era. The company is led by alumni from Microsoft, Amazon, PG&E, and EnerNOC. EnergySavvy brings together expertise in software, user experience, and analytics to deliver cloud solutions that clients love.