Future Energy Ventures secures €205M to power the next wave of energy innovation
Future Energy Ventures (FEV), a venture capital advisor for digital and asset-light energy technologies, has closed its Future Energy Ventures Fund II with €205 million, along with a dedicated €30 million fund for Italy. This positions FEV as a leading European advisor for energy-technology-focused VC investments, aiming to accelerate the global energy transition. This investment underscores Europe's commitment to digital solutions that strengthen national energy independence and create economic opportunities. Since 2016, FEV has invested in approximately 50 companies, with its current fund launched in 2023 and now closed at €235 million. The firm focuses on late Seed, Series A, and B rounds, targeting startups with €1–2 million in revenue. FEV invests in AI-driven, software-based solutions that optimize grid efficiency, enable demand flexibility, and integrate cutting-edge technologies into energy systems, supporting electrification across buildings, industry, and transport. This investment will support startups facing Series A and B bottlenecks, with a focus on companies addressing immediate needs with long-term scalability. FEV's portfolio includes companies like Chloris, Enspired, Feld Energy, and EV.energy, which are advancing flexibility management, e-mobility, building and industry electrification, and AI applications. This strategic funding aims to accelerate the adoption of digital technologies in the energy sector and foster the growth of European energy tech companies. The focus on digital solutions in the energy sector reflects a broader trend of digital transformation in Europe. FEV's investments highlight the importance of connecting buildings, batteries, and mobility assets to the grid, optimizing energy flows and supporting the development of a more sustainable and efficient energy system.
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