AI Fund’s Post

Did you know National Grid Partners is the utility industry’s only corporate venture investor in Silicon Valley? It’s true! Since 2018, we’ve ➡️ 💡Deployed $500M+ across 46 companies 💡 Achieved 7 successful exits 💡Built an impressive portfolio of unicorns Even as climate funding slows, we remain committed to backing startups at the intersection of IT and energy, all while enabling a clean, fair, and affordable energy future and helping utilities handle growing demand from AI and EVs. Check out Pradeep Tagare’s profile in National Venture Capital Association’s recent newsletter to learn more about what we’ve been up to! https://bit.ly/4eYtqc5

CapeZero Raises $2.6 Million in Seed Round CapeZero, a Brooklyn, NY-based software platform designed to streamline financial workflows for clean energy developers, has raised $2.6 million in seed funding. #SaaS #FinancialWorkflows #CleanEnergy #CleanEnergyFinance #ClimateTech #SeedRound #Funding https://lnkd.in/gFku4-_v

AltMobility, a commercial electric vehicle (EV) leasing and asset management company, has successfully raised $10 million in its Series A funding round. The round was led by Eurazeo, a prominent European venture capital and private equity fund. Other investors included Shell Ventures, Twynam Earth Fund, and Ev2 Ventures. The company plans to use the fresh funding to scale its operations, expand its fleet, and strengthen its ecosystem integrations. Founded in 2022, the company offers innovative leasing solutions and technology platforms that help fleet operators optimize operations, reduce costs, and transition seamlessly to EVs. Read more at: https://lnkd.in/gCu2n-eN Dev Arora Manas Arora Harsh Dev Goyal #ev #electricvehicle #funding #investment #startupnews #startupstory

Last week, I had the pleasure of representing RiverX at the annual Tidal Ventures event. It was an incredible evening of connecting with industry leaders, discussing emerging market trends, and exploring the ever-evolving landscape of venture capital.   Venture capital can play a pivotal role in a diversified portfolio, providing access to high-growth opportunities and innovative companies at the forefront of transformative fields. With family offices and high-net-worth investors increasingly seeking uncorrelated, enhanced portfolio returns, venture capital offers a unique long-term perspective.   For example, we’re excited to be investing in an early-stage seed round for a clean-energy company that has gained significant traction, with over 80 clients across Australia, Asia, and North America. The company is now poised for strategic international expansion into Western Europe, a market 17 times larger than Australia. This is one example of the potential venture capital brings as a complementary component of a holistic investment strategy. 𝘛𝘩𝘪𝘴 𝘱𝘰𝘴𝘵 𝘪𝘴 𝘧𝘰𝘳 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘱𝘶𝘳𝘱𝘰𝘴𝘦𝘴 𝘰𝘯𝘭𝘺 𝘢𝘯𝘥 𝘴𝘩𝘰𝘶𝘭𝘥 𝘯𝘰𝘵 𝘣𝘦 𝘤𝘰𝘯𝘴𝘪𝘥𝘦𝘳𝘦𝘥 𝘢𝘴 𝘱𝘦𝘳𝘴𝘰𝘯𝘢𝘭𝘪s𝘦𝘥 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘰𝘳 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵 𝘢𝘥𝘷𝘪𝘤𝘦.    #VentureCapital #PrivateCredit #WealthManagement #Innovation #CleanEnergy #PortfolioDiversification

AltMobility, a commercial electric vehicle (EV) leasing and asset management company, has successfully raised $10 million in its Series A funding round. The round was led by Eurazeo, a prominent European venture capital and private equity fund. Other investors included Shell Ventures, Twynam Earth Fund, and Ev2 Ventures. The company plans to use the fresh funding to scale its operations, expand its fleet, and strengthen its ecosystem integrations. Founded in 2022, the company offers innovative leasing solutions and technology platforms that help fleet operators optimize operations, reduce costs, and transition seamlessly to EVs. Read more at: https://lnkd.in/gCu2n-eN Dev Arora Manas Arora Harsh Dev Goyal #ev #electricvehicle #funding #investment #startupnews #startupstory

Hardware intensive climate tech may do the heavy lifting of the clean energy transition, but venture capital firms can’t help but love software and asset-light investments that also contribute to the cause. One example: Blue Bear Capital, which has clinched a $160 million fund focused on software and AI solutions that increase the efficiency, reliability and scale of critical climate infrastructure. “We invest in companies that automate the energy industry,” Carolin Funk, a partner at the firm, told ImpactAlpha. Investors in Blueear’s third fund include the Rockefeller Brothers Fund, the McKnight Foundation, the Walton family’s Zoma Capital, UBS, WovenEarth Ventures, and numerous executives at private equity and infrastructure funds investing in a personal capacity. Blue Bear has also raised a further $40 million in follow-on commitments.

🚀 If you haven’t seen it yet, Desia has come out of stealth, announcing their $3.3M in pre-seed funding! Despite technological advancements in the financial industry, investment professionals still spend significant time manually sorting through unstructured data. This process is both time-consuming and costly, leading to productivity losses. Desia is a system of intelligence that provides advanced AI applications for productivity, automation, and analytics in financial services. It addresses this challenge by automating data extraction and analysis, turning vast amounts of information into actionable insights. This not only saves professionals time and resources but also enhances decision-making efficiency. Above all, we're proud to back Raffaele, Alessandro and Mehmet on their journey. This team has probably the best combination of domain expertise and vision to tackle the challenge of improving with AI the investment decision-making process in financial services. We’re excited to be part of this journey alongside our friends at Dig Ventures , Vento by Exor Ventures, Foreword, Plug and Play Tech Center, Launchbay Capital and Octopus Ventures. Read more about why we are investing in Desia here: https://lnkd.in/eMHZGmGW Sifted coverage: https://lnkd.in/e-jB9_iD

AI-Powered Leap Financial Raises $3.5 Million Seed Round Led By Fuel Venture Capital https://lnkd.in/e3v7n_Tm Fuel Venture Capital Loop Financial #LeapFinancial #AIStartup #SeedFunding #FuelVentureCapital #FintechInnovation #AIinFinance #StartupFunding #TechInvestment #FinancialTechnology #AIRevolution

Helping Ofiniti transition from internal innovation project to valuable independent company is one of my biggest achievements. But more than that, it proves that if you are serious about corporate innovation, there are ways to create return on the cost of that innovation that your CFO can easily understand. (Clue, it's enterprise value). If you can't show that return over time, your innovation days are numbered...

Norrsken VC, Europe’s leading early-stage impact investor, has successfully led a €10,5 million seed financing round for SpotmyEnergy, with participation from Vorwerk Ventures and Picus Capital.   SpotmyEnergy, a Cologne-based start-up, is revolutionizing energy management of households by turning homes into virtual batteries.   Business Law Powerhouse LARK comprehensively advised Norrsken VC on this transaction with Daniel Gubitz, Max Hentrich and Janosch Engelhardt (all Venture Capital/Corporate Law). Please find the link to our press release in the comments below.👇 #lark #venturecapital #energy #transactions #bestteam