Energy Capital Ventures
Canvas Category Consultancy : Company : Venture Capital
The only early-stage venture capital fund solely focusing on the sustainability, resilience and digital transformation of the natural gas industry. In addition to its unique thesis which makes the firm advocates for innovation in “Green Molecules (tm)”, Energy Capital Ventures further differentiates itself with a customized engagement and deep integrations with its corporate limited partners. This model enables Energy Capital Ventures to bring together the innovation of the start-up ecosystem with the scale of the energy industry to empower game-changing generational companies that provide clean, safe, reliable, cost-effective energy for all communites.
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Vertus Energy closes €8.75M to generate renewable energy from waste
Vertus Energy, an Austrian Waste-to-X (treating waste as a resource) industrial biotech startup, has closed €8.75 million in seed funding round. It was led by global investors Energy Capital Ventures, joined by Blackbird, which backed Partly, the Amadeus APEX Technology Fund, and Aussie Angels, alongside existing investors.
The startup will use the fresh capital to scale its flagship product, BRIO, into pilot projects. The flagship product, BRIO, creates the platform for Vertus to control the bacteria within anaerobic digestion plants by retrofitting their modular hardware unit that can generate 60% more energy, 3 times faster. Vertus Energy is determined to democratise access to sustainable energy through its advanced BRIO technology and its purpose of delivering energy justice for all.
Furno Secures $6.5 Million Seed Funding to Cement a Carbon Neutral Future
Furno, a startup dedicated to decarbonizing the cement production industry, announced the close of an oversubscribed $6.5M seed funding round and introduced its revolutionary, end-to-end cement production unit, the Furno Brick. Furno’s oversubscribed round was led by Energy Capital Ventures (ECV) and joined by O’Shaughnessy Ventures, Cantos and Neotribe. Breakthrough Energy participated in earlier, non-dilutive funding of the company. This funding will enable the company to continue to scale its technology, provide more customers with samples to garner feedback and, perhaps most significantly, aid in the development of the Furno Brick.
Furno addresses the immediate need for change and innovation in the cement sector with the world’s first modular and carbon-neutral cement plant that scales on demand, drastically reducing the barrier to entry and unlocking local or small-scale cement production. The company’s novel kiln and combustion technology allows for efficient cement production using gas-based versus solid fuels, which dramatically reduces CO2 emissions and eliminates nitrogen oxides (NOx) and sulfur oxides (SOx) entirely. Furno’s innovative design also allows producers to build cement plants that are compact and cost-efficient, and enables them to add incremental capacity as needed.
Osmoses Secures $11M to Decarbonize Projected $35B Industrial Gas Separation Market with Novel Membrane Technology
Osmoses, an industrial separations technology company that purifies gases, the world’s smallest molecules, today announced it has raised an oversubscribed $11 million seed round led by Energy Capital Ventures. Additional participating investors include Engine Ventures, Fine Structure Ventures, New Climate Ventures, Collaborative Fund, Little Green Bamboo, BlindSpot Ventures and several prominent angel investors, including Martin Madaus, the former CEO of Millipore Corporation. Osmoses will use the funding to develop commercial scale membrane modules for field deployment and establish pilot partnerships.
Osmoses has developed a patented novel membrane technology that purifies gas molecules with unprecedented flux and selectivity, meaning lower capital requirements and operating costs for customers, with a significantly smaller physical footprint than today’s traditional separation processes – all while reducing industrial energy consumption by up to 90%.
Sapphire Technologies Secures $10 Million Series B Funding to Accelerate Clean Energy Solutions
Sapphire Technologies, developer and manufacturer of energy recovery systems for hydrogen and natural gas applications, announced that it closed its Series B funding round. The $10 million investment — led by Energy Capital Ventures and joined by Marathon Petroleum, Chevron Technology Ventures, Equinor Ventures and Cooper and Company — will go toward accelerating the commercialization of Sapphire Technologies’ FreeSpin® In-line Turboexpander. Powered by this funding, targeted projections show the turboexpander increasing production by 400% by the end of the year. Moreover, the $10 million will bolster resources and expertise to support Sapphire Technologies’ mission to significantly reduce global carbon emissions.