Future Energy Ventures, the new fund raises €235 million

Future Energy Ventures (FEV), a venture capital firm specialising in digital and asset-light energy technologies, focused on accelerating the global energy transition, has announced the closing of its Future Energy Ventures Fund II with a volume of €205 million, together with a €30 million capital fund dedicated to Italy.

The fund, initially supported by E.ON SE and the European Investment Fund (EIF) as lead investors, now also includes additional strategic and institutional investors such as KFW Capital, ABN Amro, CLP, BGK, ISA Energia, Borusan, Zorlu Holding, Telos Impact, Kelag, MTR and Sabanci Climate Ventures. The Italian fund is fully financed by CDP and invests alongside the main fund.

With this achievement, FEV has positioned itself as Europe’s leading advisor for venture capital investments focused on energy technologies. Its goal is to support companies that are transforming the energy landscape through digital solutions, strengthening national energy independence and creating new economic opportunities.

The announcement comes at a time when the transition to cleaner energy systems is accelerating in many markets, while governments around the world are placing increasing priority on energy security, economic stability and technological competitiveness.

At a time when environmental policies are being questioned and geopolitical tensions underscore the importance of energy sovereignty, this closure promotes a fundamental shift towards energy security, economic prosperity and sustainability. The transition from dependence on volatile fossil fuels to locally controlled renewable systems is now both an economic necessity and a strategic imperative.

FEV’s vision goes far beyond cleaner electricity. It envisions a transformed global economy, where universal access to locally generated renewable energy eliminates dependence on volatile energy imports and gives nations true sovereignty over their economic futures.

“The closing of this fund demonstrates that energy technology is increasingly recognised as a significant market,” said Jan Lozek, CEO of Future Energy Ventures, in a statement. “For founders, this means that innovative solutions in storage, grid optimisation and renewable energy have access to serious capital. For investors, it shows that financial returns and global relevance are compatible. For the market as a whole, it emphasises that the energy transition is inevitable and economically relevant.

Marjut Falkstedt, CEO of EIF, comments: “Better managing our energy needs is one of the most important challenges of our time. That is why we are excited about our participation in the newly established fund. This investment aligns perfectly with the EIF’s strategic objectives and our commitment to driving the energy transition and supporting decarbonisation efforts across Europe.

Energy has emerged as the most compelling investment sector of our generation: security requirements, economic growth, employment impact and affordable renewable energy converge in an area where clean energy technology is both indispensable for stability and an exceptional investment opportunity.

This momentum creates ideal conditions for revolutionary energy innovations that will complete the transition to a renewable energy world. FEV is therefore well positioned to identify and scale the technologies that will define the energy systems of the future.

“Europe has the innovative power, talent and industrial capacity to take a leading role in the global energy transition,” says Veronique Hördemann, managing partner and CFO of Future Energy Ventures. “The key now is for policymakers to facilitate investment and scalability so that Europe can realise its full potential in energy technologies. The energy transition offers an opportunity to stimulate economic growth, strengthen energy sovereignty, secure jobs and increase competitiveness.”

Since 2016, FEV has been spearheading the renewable energy revolution under the leadership of Jan Lozek, Veronique Hördemann, Ohad Mamann, Patrick Elftmann, Moritz Jungmann and Jan Palasinski (pictured with the team). The funds invest in Series A and B energy start-ups with software-based, AI-driven solutions that optimise grid efficiency, enable demand flexibility and integrate cutting-edge technologies into energy systems.

The portfolio includes companies such as Chloris, Enspired, Feld Energy, Jua, Piclo, Reev and Station A, which are driving change in flexibility management, electric mobility, building and industrial electrification, and AI applications.

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