Energize Ventures, a Chicago, IL-based venture capital fund investing in digital solutions for energy and industrials, closed its first fund, at $150m.
Limited partners (LPs) included industrial companies such as Invenergy, General Electric Renewable Energy and General Electric Power, Schneider Electric, WEC Energy Group, and institutional investors, individuals and family offices. Many of these LPs provide the fund with access to market intelligence and potential commercial relationships for its portfolio companies.
Led by Amy Francetic, Managing Director, the firm invests in companies that provide digital solutions that drive affordability, reliability and security for energy and industry. Energize focuses on pre-growth stage investments where its team of experts can use its investment, operating and industry experience to accelerate entrepreneurial success.
Energize Ventures has a portfolio of five companies spanning data analytics, cyber security, mobility, and distributed energy resources. These include:
– Nozomi Networks,
– Volta Charging,
– Spark Cognition, and
– Aquilon Energy.