$18M sweet spot round size
Most of their 25 investments are in rounds between $9.7M and $35M
2005
Persefoni raised $50M on August 11, 2023
Investors: Prelude Ventures, Clearvision Ventures, Bain & Company, Rice Investment Group, Parkway Venture Capital, Alumni Ventures Group and NGP Energy Technology Partners
Form Energy raised $450M on October 4, 2022
Investors: The Engine, Prelude Ventures, VamosVentures, Energy Impact Partners, Temasek, GIC, Coatue Management and NGP Energy Technology Partners
Persefoni raised $101M on October 28, 2021
Investors: New Valley Corporation, Sallyport Investments, Parkway Venture Capital, Sumitomo Mitsui Banking Corporation (SMBC) Asia Pacific, Clearvision Ventures, The Ferrante Group, Prelude Ventures and NGP Energy Technology Partners
LevelTen Energy raised $35M on August 25, 2021
Investors: My Climate Journey, Prelude Ventures, Wireframe Ventures, Founders Co-op, Equinor Ventures and NGP Energy Technology Partners
Form Energy raised $240M on August 24, 2021
Investors: The Engine, VamosVentures, Prelude Ventures, Energy Impact Partners, Perry Creek Capital, Temasek and NGP Energy Technology Partners
Orennia raised undisclosed on May 21, 2021
Investors: Quantum Energy Partners and NGP Energy Technology Partners
Voltus, Inc. raised $31M on May 13, 2021
Investors: Prelude Ventures, Activate Capital, Ajax Strategies and NGP Energy Technology Partners
Persefoni raised $9.7M on April 15, 2021
Investors: Rice Investment Group, Sallyport Investments and NGP Energy Technology Partners
Form Energy raised $76M on November 14, 2020
Investors: The Engine, Coatue Management, Blindspot Ventures, Energy Impact Partners, Capricorn Investment Group, Temasek, Prelude Ventures, Breakthrough Energy Ventures and NGP Energy Technology Partners
Voltus, Inc. raised $25M on October 29, 2020
Investors: Prelude Ventures, Ajax Strategies and NGP Energy Technology Partners