About Clean Energy Venture Group
Clean Energy Venture Group is a venture capital firm founded in 2005. It is primarily based out of Boston, United States. As of Apr 2025, Clean Energy Venture Group is an active investor, having invested in 69 companies, with 2 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 Energy Tech and High Tech. Most recently it led the $5.6M Seed round of Cala Systems along with Burnt Island. This round also saw participation from MassCEC and other investors.
Overall, Clean Energy Venture Group portfolio has seen 1 unicorn and 14 acquisitions including key companies like Ascend Elements, EnergySage and PurposeEnergy. A lot of funds co-invest with Clean Energy Venture Group, with names like Clean Energy Ventures sharing a substantial percentage of its portfolio.
Clean Energy Venture Group has team of 49 people including 43 partners.
Key Metrics
Team Members
, &
Portfolio Count
Bevi, &
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed &
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Bevi, CleanFiber &
Deals in last 12 months
Clean Energy Venture Group's Year-on-Year Investment Trends
Clean Energy Venture Group has invested in 69 companies over the last 16 years, with an average of 3 new investments annually in the last 10 years. In 2024, it made 3 investments, while as of Apr 2025, it has made 1 investment in this year. Its most recent first time investment was in Queens Carbon and most recent follow-on round was in Electrified Thermal.
Year | No. of Investments | ||
|---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 1 | 0 | 1 |
2024 | 2 | 1 | 3 |
2023 | 2 | 3 | 5 |
2022 | 5 | 0 | 5 |
2021 | 6 | 0 | 6 |
2020 | 4 | 0 | 4 |
2019 | 0 | 0 | 0 |
2018 | 2 | 0 | 2 |
2017 | 1 | 0 | 1 |
2016 | 2 | 0 | 2 |
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Clean Energy Venture Group's Investments by Stage
Clean Energy Venture Group has made 17 investments in Series A stage with an average round size of $4.36M, 15 investments in Seed stage with an average round size of $2.78M and 4 investments in Series B stage with an average round size of $10.9M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Series A | 17 |
Seed | 15 |
Series B | 4 |
Clean Energy Venture Group's Investments by Sector
Clean Energy Venture Group has a diverse portfolio, with companies operating in the Energy Tech, Environment Tech, Sustainability Tech, Enterprise Applications and High Tech. Notably, it has invested in 58 Tech companies, 55 Enterprise (B2B) companies, 31 Tech hardware companies and at least 23 companies focusing on Software.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
Energy Tech | 25 |
Environment Tech | 25 |
Sustainability Tech | 25 |
Enterprise Applications | 12 |
High Tech | 11 |
Others | 37 |
Clean Energy Venture Group's Investments by Geography
Clean Energy Venture Group has made most investments in United States (33), followed by Canada where it has made 3 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
|---|---|
United States | 33 |
Canada | 3 |
Clean Energy Venture Group's recent investments
Here are the most recent investments by Clean Energy Venture Group:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 30, 2025 | United States | Seed | $10M | ||
Aug 07, 2024 | United States | Seed | $5.6M | MassCEC [+5] | |
May 16, 2024 | United States | Series B | $19M | Holcim [+8] | |
Mar 26, 2024 | United States | Series A | $7.5M | ||
Jul 28, 2023 | Canada | Series A | $26.1M | [+6] |
Get the detailed list of all investments by Clean Energy Venture Group. Download now!Unicorns in Clean Energy Venture Group's Portfolio
Here is a list of unicorns in Clean Energy Venture Group's portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
59 | Manufacturer of lithiumion battery materials | 2015 | Westborough | Series D | iktgnz{ |
Team profile of Clean Energy Venture Group
Clean Energy Venture Group has a team of 49 membersÌý¾±²Ô³¦±ô³Ü»å¾±²Ô²µ 43 Partners and 6 Venture PartnersÌýlocated in United States and Switzerland. Clean Energy Venture Group's team does not sit on the board of any company as of now.Here is a list of top team members in Clean Energy Venture Group:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | Boston | - | ||
Partner | Boston | - | ||
Partner | Vail | - | , | |
Partner | Cambridge | - | ||
Partner | Brookline | - | ||
Partner | Boston | - | ||
Partner | Cambridge | - | ||
Partner | Brookline | - | ||
Partner | Boston | - | ||
Partner | Boston | - | ||
Partner | Boston | - |
Get the full list of Clean Energy Venture Group's team & partners for free. Download now!Co-investors of Clean Energy Venture Group
Over the past 16 years, 206 investors have co-invested in Clean Energy Venture Group's portfolio companies.
- Invested before Clean Energy Venture Group:Ìý, and 33 others have invested in rounds before Clean Energy Venture Group. There are 3 companies where DOE has invested before Clean Energy Venture Group and 2 companies where osti.gov has invested before Clean Energy Venture Group.
- Top Co-investors of Clean Energy Venture Group:Ìý78 investors entered a company along with Clean Energy Venture Group. These include investors like Clean Energy Ventures (8 companies).
- Invested after Clean Energy Venture Group:ÌýA total of 93 investors have invested in Clean Energy Venture Group's portfolio after their investments. Top Investors include (4 companies), Clean Energy Ventures (4 companies) and MassCEC (3 companies).
Get full list of Clean Energy Venture Group's co-investors delivered to your inbox!
Recent News related to Clean Energy Venture Group
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Pulse 2.0•Aug 16, 2024•Cala Systems, MassCEC, Clean Energy Venture Group, Burnt Island and 4 others
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