Breakthrough Energy Ventures

Venture capital firm
Boston, Massachusetts, USAFounded 2015www.breakthroughenergy.orgSee connections →

Global innovation platform backing clean energy technology companies across manufacturing, electricity, agriculture, transportation, and buildings.

At a glance

Breakthrough Energy Ventures appears in 3 funding rounds tracked by ValueAddVC since 2026, leading 1. Its most frequent sector in these rounds is Energy & Climate, and its most recent tracked deal was Type One Energy's $200M Series B round (Oct 6, 2026). It co-invests most often with Lowercarbon Capital. ValueAddVC also tracks 3 funds managed by Breakthrough Energy Ventures.

Strategy

Stages
SeedGrowthDeployment
Sectors
Clean EnergyManufacturingElectricityAgricultureTransportationBuildings
Geographies
USABoston, Massachusetts, USA
Check size
$5M-$50M

Recent changes

  1. Oct 6, 2026Invested in Type One Energy (Series B, $200M) TechCrunch
  2. Sep 5, 2026Stages updated: Seed, Growth, Deployment breakthroughenergy.org
  3. Sep 5, 2026Sectors updated: Clean Energy, Manufacturing, Electricity, Agriculture, Transportation, Buildings breakthroughenergy.org
  4. Aug 12, 2026Invested in Form Energy (Series G, $750M) TechCrunch
  5. Jul 30, 2026Invested in Antora Energy (Series C, $550M) Bloomberg
Earlier changes (3)
  1. Jul 31, 2023New fund: Breakthrough Energy Ventures Venture Fund III SEC EDGAR Form D
  2. Nov 6, 2020New fund: Breakthrough Energy Ventures Venture Fund II SEC EDGAR Form D
  3. Dec 11, 2016New fund: Breakthrough Energy Ventures SEC EDGAR Form D

Funds

3
FundVintageSizeStrategySource
Breakthrough Energy Ventures Venture Fund III2023—Venture
As of Jul 31, 2024SEC EDGAR Form D
Breakthrough Energy Ventures Venture Fund II2020—Venture
As of Nov 6, 2020SEC EDGAR Form D
Breakthrough Energy Ventures2016—Venture
As of Jun 1, 2018SEC EDGAR Form D

Portfolio

5 total

Recent Investment Activity

3

Track record: led 1 and participated in 2 of 3 tracked venture rounds · 3 in the last 12 months · led 1 Series B

DateCompanyEventRoleAmountValuationInvestorsSource
Oct 6, 2026Type One EnergySeries BLed$200M—
Breakthrough Energy VenturesLeadunverifiedLowercarbon CapitalunverifiedClutterbuck Capital
TechCrunch
Aug 12, 2026Form EnergySeries GParticipated$750M—TechCrunch
Jul 30, 2026Antora EnergySeries CParticipated$550M$2.47 billion
G2 Venture PartnersLeadunverifiedEclipse VenturesLeadunverifiedBreakthrough Energy VenturesunverifiedLowercarbon CapitalunverifiedImpact Science VenturesunverifiedTrust VenturesunverifiedDecarbonization Partners
Pulse story

Sector / Stage Activity

By sector (portfolio)
Energy
4 · 80%
Space
1 · 20%
By stage (tracked rounds)
Series B
1 · 33%
Series G
1 · 33%
Series C
1 · 33%

Co-Investors

12

Similar Firms

overlapping sector, stage or region

Value Add Research

Latest Pulse

  1. Type One Energy Raises $200M For Fusion PowerType One Energy raised $200 million in Series B funding to advance its stellarator fusion design toward a 2034 commercial power plant.→
  2. Form Energy Raises $750M for 100-Hour Grid BatteriesForm Energy raised a $750 million Series G led by T. Rowe Price to expand its iron-air batteries, which store power for up to 100 hours and are being bought by Google, Xcel Energy and Crusoe for AI data center power.→
  3. Antora Energy Closes $550M for Thermal BatteriesAntora Energy closed a $550 million Series C, one of the year's largest cleantech rounds, to scale thermal batteries that store electricity as heat for industrial and data-center customers.→

Breakthrough Energy Ventures FAQ

What companies has Breakthrough Energy Ventures invested in?

Breakthrough Energy Ventures' portfolio includes Type One Energy, Stoke Space, Form Energy, Commonwealth Fusion Systems, Antora Energy.

Who does Breakthrough Energy Ventures co-invest with most?

In the rounds Value Add tracks, Breakthrough Energy Ventures most often invests alongside Lowercarbon Capital (2 shared deals), Aramco Ventures (1 shared deal), Blindspot Ventures (1 shared deal), Cari Tuna (1 shared deal), Coatue Management (1 shared deal).

Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

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