About Breakthrough Energy
Breakthrough Energy is a venture capital firm founded in 2015. It is primarily based out of Kirkland, United States. As of Apr 2025, Breakthrough Energy is an active investor, having invested in 118 companies, with 12 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Environment Tech to High Tech and Energy Tech. Most recently it led the $3.53M Series A round of along with Kiko Ventures. This round also saw participation from .
Overall, Breakthrough Energy portfolio has seen 8 unicorns, 4 IPOs and 1 acquisition including key companies like Turntide, IonQ and Redwood Materials. A lot of funds co-invest with Breakthrough Energy, with names like Prelude Ventures sharing a substantial percentage of its portfolio.
Breakthrough Energy has team of 101 people including 39 partners.
Key Metrics
Team Members
Bill Gates, &
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed &
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Form Energy, &
Deals in last 12 months
Breakthrough Energy's Year-on-Year Investment Trends
Breakthrough Energy has invested in 118 companies over the last 8 years, with an average of 18 new investments annually in the last 5 years. In 2024, it made 32 investments, while as of Apr 2025, it has made 13 investments in this year. Its most recent first time investment was in Hoofprint and most recent follow-on round was in ARNERGY.
Year | No. of Investments | ||
|---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 5 | 8 | 13 |
2024 | 8 | 24 | 32 |
2023 | 11 | 17 | 28 |
2022 | 31 | 14 | 45 |
2021 | 27 | 18 | 45 |
2020 | 13 | 5 | 18 |
2019 | 12 | 1 | 13 |
2018 | 5 | 0 | 5 |
2017 | 1 | 0 | 1 |
Get Breakthrough Energy's portfolio delivered to your inbox!
Breakthrough Energy's Investment Trends by Stage
Breakthrough Energy is primarily an Early Stage Investor investor majorly investing in Series A (59) rounds where average round size is $1.44B, Seed (19) rounds where average round size is $129M and Series B (19) rounds where average round size is $650M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Series A | 59 |
Seed | 19 |
Series B | 19 |
Series C | 7 |
Grant (prize money) | 4 |
Others | 5 |
Breakthrough Energy's Investment Trends by Sector
Breakthrough Energy has a diverse portfolio, with companies operating in the Sustainability Tech, High Tech, Environment Tech, Energy Tech and Energy. Notably, it has invested in 88 Tech companies, 86 Enterprise (B2B) companies, 33 Tech hardware companies and at least 21 companies focusing on Software.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
Sustainability Tech | 67 |
High Tech | 56 |
Environment Tech | 55 |
Energy Tech | 40 |
Energy | 18 |
Others | 115 |
Breakthrough Energy's Investment Trends by Geography
Breakthrough Energy has made most investments in United States (89), followed by Canada where it has made 6 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
|---|---|
United States | 85 |
Canada | 6 |
United Kingdom | 4 |
France | 2 |
Germany | 2 |
Others | 14 |
Breakthrough Energy's recent investments
Here are the most recent investments by Breakthrough Energy:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 29, 2025 | United States | Series A | $15M | [+6] | |
Apr 14, 2025 | Nigeria | Series B | $18M | [+4] | |
Apr 02, 2025 | United States | Series A | $50M | Index Ventures [+4] | |
Apr 02, 2025 | Switzerland | Series A | $14.7M | [+7] | |
Mar 06, 2025 | United States | Series B | $12M | Future Ventures [+1] |
Get the detailed list of all investments by Breakthrough Energy. Download now!Unicorns in Breakthrough Energy's Portfolio
Here is a list of unicorns in Breakthrough Energy's portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
57 | Geothermal power production company | 2017 | San Francisco | Series D | abiizw{ | ||
60 | Provider of solutions for hydrogen generation | 2020 | San Carlos | Series C | vlvlxvu | ||
65 | Provider of tech mineral explorer by applying statistical modeling | 2018 | Berkeley | Series D | fkragma | ||
62 | Manufacturer of lithium-ion batteries for electric vehicles | 2020 | Novi | Series B | q{fgqba | ||
72 | Provider of smart energy management solutions | 2013 | Sunnyvale | Series D | tqlxrft |
IPOs and Publicly Listed companies in Breakthrough Energy's Portfolio
Here are Breakthrough Energy's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 11, 2021 | Oct 28, 2019 | Series C | $30M | |
Jan 08, 2021 | - | - | - | |
Aug 21, 2020 | - | - | - | |
May 22, 2018 | Oct 10, 2017 | Series D | $31.5M |
_1573535680111.png?height=40&width=40){kind=logo}
Acquired companies in Breakthrough Energy's Portfolio
Here are Breakthrough Energy's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 01, 2001 | Jun 22, 2021 | Series A | $22M |
Team profile of Breakthrough Energy
Breakthrough Energy has a team of 101 membersÌýincluding 39 Partners, 3 Venture Partners and 37 PrincipalsÌýlocated in United States, France and . Breakthrough Energy's team does not sit on the board of any company as of now.Here is a list of top team members in Breakthrough Energy:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | Seattle | - | ||
Partner | San Francisco | - | - | |
Partner | Kirkland | - | - | |
Partner | Bethesda | - | ||
Partner | Boston | - | ||
Partner | Boston | - | - | |
Partner | San Francisco | - | ||
Partner | Washington, DC | - | ||
Partner | Durham | - | - | |
Partner | Denver | - | ||
Partner | San Francisco | - |
Get the full list of Breakthrough Energy's team & partners for free. Download now!Co-investors of Breakthrough Energy
Over the past 8 years, 902 investors have co-invested in Breakthrough Energy's portfolio companies.
- Invested before Breakthrough Energy:ÌýNational Science Foundation, and 179 others have invested in rounds before Breakthrough Energy. There are 9 companies where National Science Foundation has invested before Breakthrough Energy and 9 companies where osti.gov has invested before Breakthrough Energy.
- Top Co-investors of Breakthrough Energy:Ìý308 investors entered a company along with Breakthrough Energy. These include investors like Prelude Ventures (12 companies).
- Invested after Breakthrough Energy:ÌýA total of 413 investors have invested in Breakthrough Energy's portfolio after their investments. Top Investors include Temasek (6 companies), The Climate Pledge (6 companies) and (6 companies).
Get full list of Breakthrough Energy's co-investors delivered to your inbox!
Recent News related to Breakthrough Energy
•
Africa Business Communities•Apr 15, 2025•ARNERGY, CardinalStone Capital Advisers, British International Investment, Norfund and 3 others
•
•
•
spaceinsider.tech•Apr 02, 2025•Aetherflux, Index Ventures, Breakthrough Energy, a16z and 3 others
•
•
Power Technology•Mar 14, 2025•Terabase, SoftBank Vision Fund, SoftBank Group, Breakthrough Energy and 6 others
•
Financial Post•Mar 13, 2025•Breakthrough Energy
•
•
•
igrownews.com•Mar 06, 2025•Decibel Therapeutics, Breakthrough Energy, Future Ventures, Bayer and 4 others
