Energy Revolution Ventures: Investing in Deeptech and Hydrogen Innovations
Key Ideas
  • Energy Revolution Ventures (ERV) closed an $18 million Seed and Series A fund to invest in deeptech, including hydrogen technologies, energy storage, and carbon capture.
  • ERV's Co-Founder, Marcus Clover, transitioned from building hydrogen-powered drones to investing in energy innovation, emphasizing the importance of decarbonization and electrification.
  • The fund includes LPs from family offices in the metals and energy sector, high-net-worth individuals, and corporate venture capital arms, such as Bidra Innovation Ventures from Morocco's OCP Group.
  • ERV's strategy involves investing in independent startups and building new ventures through its venture builder Prosemino, leveraging technical expertise and specialized laboratories in London.
Energy Revolution Ventures (ERV), founded by a chemical engineer with experience in hydrogen technologies, has raised an $18 million fund to invest in deeptech, including hydrogen innovations, energy storage, and carbon capture. Marcus Clover, Co-Founder of ERV, transitioned from engineering to venture capitalism after witnessing significant innovation in the energy sector. The fund, with LPs from various sectors, aims to support startups like Green Li-ion, Anthro, and Oort Energy, focusing on renewable energy solutions. ERV operates a venture builder, Prosemino, utilizing in-house technical expertise and specialized laboratories outside of Europe's universities. Clover highlighted the potential for innovation in chemistry for energy applications, emphasizing the need for decarbonization and electrification. ERV's investments include companies like Blixt, Ecolectro, and Immaterial, each contributing to advancements in power electronics, hydrogen electrolyzers, and carbon capture technologies. The fund's approach combines investment in existing startups and the creation of new ventures, aligning with the evolving energy landscape. With a positive sentiment towards energy transformation and technology innovation, ERV aims to play a pivotal role in reshaping the economy through sustainable energy solutions.
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