Investments
50Portfolio Exits
3Funds
4Partners & Customers
1About Energy Innovation Capital
Energy Innovation Capital is a venture capital firm that invests in companies developing the next generation of technology to ensure abundant, clean, and accessible energy. The company is based in Orinda, California.
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Latest Energy Innovation Capital News
May 26, 2023
Led by Energy Innovation Capital (EIC), the round includes new participation from LG Technology Ventures, Evergy Ventures, Riverstone, and existing investors Skyview Ventures, Clean Energy Ventures, and Avista Development, among others. The funding will be used to scale up ConnectDER's existing solar adapter into new markets, launch a new EV product line and develop a next-generation product suite for multi-asset electrification and integration. ConnectDER unlocks the massive potential of Distributed Energy Resources (DERs) by turning the meter socket into an all-in-one plug-in point for solar and storage systems, electric vehicles, and beyond, with specific benefits for the user, utility, and the environment. ConnectDER's solutions decrease interconnection time, enhance safety, and decrease balance-of-system costs. (c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about page.
Energy Innovation Capital Investments
50 Investments
Energy Innovation Capital has made 50 investments. Their latest investment was in Exum Instruments as part of their Series A - II on May 5, 2023.
Energy Innovation Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
5/24/2023 | Series A - II | Exum Instruments | $6M | Yes | Boyd Street Ventures, Energy Innovation Capital, Fortysix Venture Capital, and Undisclosed Investors | 3 |
4/26/2023 | Series A - II | Aurora Hydrogen | No | 2 | ||
3/16/2023 | Series C | ConnectDER | $27M | Yes | Avista Development, Clean Energy Ventures, Energy Innovation Capital, Evergy Ventures, LG Technology Ventures, Riverstone, Skyview Ventures, and Undisclosed Investors | 2 |
2/27/2023 | Seed VC | |||||
1/31/2023 | Seed VC |
Date | 5/24/2023 | 4/26/2023 | 3/16/2023 | 2/27/2023 | 1/31/2023 |
|---|---|---|---|---|---|
Round | Series A - II | Series A - II | Series C | Seed VC | Seed VC |
Company | Exum Instruments | Aurora Hydrogen | ConnectDER | ||
Amount | $6M | $27M | |||
New? | Yes | No | Yes | ||
Co-Investors | Boyd Street Ventures, Energy Innovation Capital, Fortysix Venture Capital, and Undisclosed Investors | Avista Development, Clean Energy Ventures, Energy Innovation Capital, Evergy Ventures, LG Technology Ventures, Riverstone, Skyview Ventures, and Undisclosed Investors | |||
Sources | 3 | 2 | 2 |
Energy Innovation Capital Portfolio Exits
3 Portfolio Exits
Energy Innovation Capital has 3 portfolio exits. Their latest portfolio exit was Fluence Analytics on February 02, 2023.
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 |
|---|---|---|---|---|---|
2/2/2023 | Acquired | 2 | |||
Date | 2/2/2023 | ||
|---|---|---|---|
Exit | Acquired | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 2 |
Energy Innovation Capital Fund History
4 Fund Histories
Energy Innovation Capital has 4 funds, including EIC Rose Rock Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
9/1/2022 | EIC Rose Rock Fund | $50M | 2 | ||
11/20/2020 | Energy Innovation Capital II | ||||
1/22/2018 | EIC Parallel Fund | ||||
1/22/2018 | Energy Innovation Capital I |
Closing Date | 9/1/2022 | 11/20/2020 | 1/22/2018 | 1/22/2018 |
|---|---|---|---|---|
Fund | EIC Rose Rock Fund | Energy Innovation Capital II | EIC Parallel Fund | Energy Innovation Capital I |
Fund Type | ||||
Status | ||||
Amount | $50M | |||
Sources | 2 |
Energy Innovation Capital Partners & Customers
1 Partners and customers
Energy Innovation Capital has 1 strategic partners and customers. Energy Innovation Capital recently partnered with Fluence Analytics on January 1, 2017.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
1/1/2017 | Partner | United States |
Date | 1/1/2017 |
|---|---|
Type | Partner |
Business Partner | |
Country | United States |
News Snippet | |
Sources |
Energy Innovation Capital Team
8 Team Members
Energy Innovation Capital has 8 team members, including current Chief Financial Officer, Managing Director, Chad Gardner.
Name | Work History | Title | Status |
|---|---|---|---|
Chad Gardner | Modumetal, and ConocoPhillips | Chief Financial Officer, Managing Director | Current |
Name | Chad Gardner | ||||
|---|---|---|---|---|---|
Work History | Modumetal, and ConocoPhillips | ||||
Title | Chief Financial Officer, Managing Director | ||||
Status | Current |
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