Investments
137Portfolio Exits
19Funds
5Partners & Customers
1Service Providers
2About Braemar Energy Ventures
Braemar Energy Ventures was formed in 2002 to create a venture capital firm with expertise in emerging energy technologies. Focused exclusively on technology and communications opportunities in the energy sector, Braemar Energy Ventures has both the industry and operating knowledge to select promising young companies, bring them into the larger energy world and guide them to reach their full potential.

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Latest Braemar Energy Ventures News
May 2, 2023
New York, New York, UNITED STATES NEW YORK, May 02, 2023 (GLOBE NEWSWIRE) -- Braemar Energy Ventures (Braemar), a leading venture capital firm focused on transformative climate tech companies pioneering the energy transition, has announced the release of its annual Impact Report for 2023. This report highlights the impact and environmental, social, and governance (ESG) initiatives of Braemar’s portfolio companies and their contribution to advancing a sustainable energy future. Braemar is dedicated to investing in companies that deliver impact through their sustainable products and services while actively supporting ESG. “ESG is not a trend; it’s the foundation of a business and a true reflection of its commitment to creating a sustainable future,” said Braemar ESG Lead Lori Collins. “I’m proud of our progress as we continue to enhance our ESG programs across portfolio companies.” “Through our annual Impact Reports we show that improving the environment, delivering equitable access, and building profitable businesses can be accomplished in tandem, creating prosperity for Braemar and its portfolio companies, as well as employees and other stakeholders,” Collins added. This report features six case studies drawn from a selection of Braemar’s portfolio companies that showcase ESG in action: Carbon capture transformed into profitable commercial products without the need for a price on carbon Driving the electrification of mobility with a network of charging stations to increase confidence in owning and driving an electric vehicle Transforming landfill waste comprised of unrecyclable, non-compostable items into sustainable fuels and chemicals at full commercial scale – leading the “circular economy” Bringing fusion energy to commercial markets is expected to provide a new source of zero-carbon energy to the grid in the 2030s A pioneer in sustainable financing, delivering equitable financial access to renewable energy projects and energy efficiency measures Accessible energy savings through a next-generation smart-grid platform that significantly enhances the cost-effective adoption of distributed energy resources, especially solar and electric vehicles “The global energy transition is driven by the urgency to reduce carbon emissions and reconstruct a clean energy economy. We believe this transition is impossible without new, innovative technologies and business models,” said Braemar Managing Partner William Lese. “Our portfolio companies are at the forefront of the energy transition, and we believe that their innovations will play a critical role in creating a more sustainable future for all." To learn more about Braemar’s ESG initiatives and view the 2022 and 2023 Impact Reports, please visit: http://www.braemarenergy.com/impact/ About Braemar Energy Ventures Founded in 2003, Braemar Energy Ventures is a leading venture capital firm focused on investing in transformative energy-tech and related companies contributing to global sustainability and combating climate change. Using sector expertise and experience, Braemar aims to be an engaged partner with its portfolio companies to best help them navigate the path to creating significant global impact. For more information, visit www.braemarenergy.com . Media Contact:
Braemar Energy Ventures Investments
137 Investments
Braemar Energy Ventures has made 137 investments. Their latest investment was in Metalenz as part of their Series B on October 10, 2022.

Braemar Energy Ventures Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
10/5/2022 | Series B | Metalenz | $30M | No | 15 | |
2/8/2022 | Unattributed VC | Utilidata | $26.75M | No | 6 | |
3/11/2021 | Series B | LO3 Energy | $11M | No | 2 | |
2/4/2021 | Series A | |||||
10/7/2020 | Series D |
Date | 10/5/2022 | 2/8/2022 | 3/11/2021 | 2/4/2021 | 10/7/2020 |
---|---|---|---|---|---|
Round | Series B | Unattributed VC | Series B | Series A | Series D |
Company | Metalenz | Utilidata | LO3 Energy | ||
Amount | $30M | $26.75M | $11M | ||
New? | No | No | No | ||
Co-Investors | |||||
Sources | 15 | 6 | 2 |
Braemar Energy Ventures Portfolio Exits
19 Portfolio Exits
Braemar Energy Ventures has 19 portfolio exits. Their latest portfolio exit was Getaround on December 09, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
12/9/2022 | Reverse Merger | 8 | |||
8/31/2022 | Management Buyout | Management Buyout (MBO), and Graycliff Partners | 2 | ||
8/10/2021 | Acquired | 2 | |||
Date | 12/9/2022 | 8/31/2022 | 8/10/2021 | ||
---|---|---|---|---|---|
Exit | Reverse Merger | Management Buyout | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | Management Buyout (MBO), and Graycliff Partners | ||||
Sources | 8 | 2 | 2 |
Braemar Energy Ventures Fund History
5 Fund Histories
Braemar Energy Ventures has 5 funds, including Braemar Energy Ventures III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
6/27/2012 | Braemar Energy Ventures III | Multi-Stage Venture Capital | Closed | $300M | 2 |
10/2/2007 | Braemar Energy Ventures II | ||||
12/31/2003 | Braemar Energy Ventures | ||||
Braemar Energy Executive Fund II | |||||
Braemar Energy Executive Fund III |
Closing Date | 6/27/2012 | 10/2/2007 | 12/31/2003 | ||
---|---|---|---|---|---|
Fund | Braemar Energy Ventures III | Braemar Energy Ventures II | Braemar Energy Ventures | Braemar Energy Executive Fund II | Braemar Energy Executive Fund III |
Fund Type | Multi-Stage Venture Capital | ||||
Status | Closed | ||||
Amount | $300M | ||||
Sources | 2 |
Braemar Energy Ventures Partners & Customers
1 Partners and customers
Braemar Energy Ventures has 1 strategic partners and customers. Braemar Energy Ventures recently partnered with MC10 on June 6, 2011.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
6/28/2011 | Partner | United States | n `` We see an enormous opportunity in platform companies like MC10 that can have an impact across multiple industries , '' says Jiong Ma , Ph.D. , Partner , Braemar Energy Ventures . | 3 |
Date | 6/28/2011 |
---|---|
Type | Partner |
Business Partner | |
Country | United States |
News Snippet | n `` We see an enormous opportunity in platform companies like MC10 that can have an impact across multiple industries , '' says Jiong Ma , Ph.D. , Partner , Braemar Energy Ventures . |
Sources | 3 |
Braemar Energy Ventures Service Providers
2 Service Providers
Braemar Energy Ventures has 2 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Counsel | General Counsel | ||
Service Provider | ||
---|---|---|
Associated Rounds | ||
Provider Type | Counsel | |
Service Type | General Counsel |
Partnership data by VentureSource
Braemar Energy Ventures Team
6 Team Members
Braemar Energy Ventures has 6 team members, including current Founder, Managing Partner, William D. Lese.
Name | Work History | Title | Status |
---|---|---|---|
William D. Lese | Founder, Managing Partner | Current | |
Name | William D. Lese | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Founder, Managing Partner | ||||
Status | Current |