Clean Energy Ventures (CEV) is a venture capital firm that invests in early-stage climate tech companies. The firm’s mission is to help founders build global climate solutions by backing their best ideas and transforming them into market-leading commercial solutions. CEV looks for gigaton-scale impact and entrepreneurs that can benefit from their decades of climate tech operating experience.
The firm’s investment strategy is focused on three main areas:
- Planet-changing tech: CEV invests in disruptive, capital-light technologies that have the potential to significantly reduce greenhouse gas emissions.
- GHG impact: The firm only invests in technologies with the potential to mitigate 2.5 gigatons of CO2 by 2050.
- Mentorship: CEV’s value goes well beyond their dollars. They believe in high-touch, value-add relationships with the companies they back, and offer support in areas such as co-developing patents, talent acquisition, and strategic marketing.
CEV has a strong track record of success. Their portfolio companies have raised over $1 billion in follow-on funding, and have helped to reduce greenhouse gas emissions by over 10 million tons.
Some of the notable companies in CEV’s portfolio include:
- SparkMeter: A grid management solution that helps utilities in emerging markets run profitable businesses and ultimately drives renewable energy adoption.
- Boston Materials: A developer of advanced carbon fiber with 10x the strength and 50% recycled materials that can reduce energy usage in the transportation and aerospace sectors.
- ClearFlame: A company that is taking the diesel fuel out of the diesel engine for heavy industry. This is a quicker path to decarbonization of construction, long-haul trucking and locomotive than electrification.
- Leading Edge: A developer of drop-in manufacturing equipment for silicon wafers that lowers solar panel production costs, improves efficiency, and reduces manufacturing emissions.
- LineVision: A company that has created a non-contact overhead line monitoring system to help utilities monitor assets, detect anomalies, and optimize delivery assets to allow more renewables onto the grid.
CEV is a leading venture capital firm in the climate tech space. They have a strong track record of success, and their portfolio companies are making a significant impact on the fight against climate change.
