Berlin-based venture capital firm Future Energy Ventures (FEV) has closed its Fund II at €205 million, complemented by a €30 million dedicated fund for Italy, to support startups driving the energy transition, as Vestbee was informed.
- Founded in 2016 by Jan Lozek, Veronique Hördemann, Ohad Mamann, Patrick Elftmann, Moritz Jungmann, and Jan Palasinski, Future Energy Ventures is a global venture capital firm investing in digital, scalable, and asset-light energy technologies to accelerate the transition to renewables.
- The firm backs Series A and B companies across Europe and the US, focusing on AI-driven grid optimization, energy storage, e-mobility, smart buildings, and frontier technologies such as geospatial intelligence and blockchain.
- Its portfolio includes Chloris, Enspired, Feld Energy, Jua, Piclo, Reev, and Station A, all advancing a more efficient, decarbonized, and digitally connected energy ecosystem.
- The newly closed fund will support late-Seed to Series B energy-tech startups with digital, software-based, and asset-light solutions in areas such as AI-driven grid management, energy storage, building and transport electrification, and smart infrastructure.
- FEV aims to accelerate decarbonization, improve system efficiency, and foster locally generated renewable energy, while providing strategic guidance and access to its network to help companies scale and commercialize.
"The closing of this fund demonstrates that energy technology is increasingly being recognized as a significant market. For founders, this means innovative solutions in storage, grid optimization, and renewable energy have access to serious capital. For investors, it shows that financial returns and global relevance are compatible. For the market overall, it underlines that the energy transition is both inevitable and economically significant," claims Jan Lozek, CEO of Future Energy Ventures.
- The fund received backing from E.ON SE, the European Investment Fund (EIF), KFW Capital, ABN AMRO, CLP, BGK, ISA Energia, Borusan, Zorlu Holding, Telos Impact, KELAG, MTR, Sabanci Climate Ventures, and CDP (through the Italian sidecar fund).
