Like a lightning bolt charging a green revolution, Energize Capital has plugged in $430 million in new funding to fuel the next wave of digital climate innovation. On Tuesday, the climate-focused venture firm announced the close of Ventures Fund III, marking its most electrifying push yet into asset-light climate solutions aimed at transforming energy and industrial systems.
The new fund, backed by an array of institutional and strategic partners, raises Energize’s total assets under management to a formidable $1.8 billion—solidifying its position as a heavyweight in the climate tech investing arena.
From Software to Substations: A Digital Vision for Decarbonization
Focused on earlier-stage companies operating at the crossroads of software, energy transition, and industrial digitization, Ventures Fund III targets what Energize calls “asset-light” solutions—companies with brains over brawn, wielding code instead of concrete.
“Operators today need more than just capital—they need specialist investors with domain depth and scaling experience,” said John Tough, managing partner at Energize. “Having weathered multiple market cycles, we understand how climate solutions have grown in complexity and potential.”
Energize intends to deploy the fund into ventures that push the boundaries of energy and infrastructure through innovative software, particularly platforms that enable better energy storage, grid interconnection, and sustainable commerce.
