Future Energy Ventures (FEV) is a global venture capital advisor focused on accelerating the transition to a resilient, digital, and renewable energy future. Based in Europe with deep sector roots, FEV backs asset-light, software-driven energy technologies that optimize grid efficiency, electrify buildings and industry, enable flexibility, and transform distributed resources into fully integrated energy assets. With nearly a decade of sector-specific investing and a portfolio of around 50 companies, FEV positions itself as one of Europe’s leading investors in digital energy innovation.
FEV invests in digital and AI-driven technologies that strengthen energy independence, improve grid orchestration, enhance electrification, and integrate renewables into complex systems across buildings, mobility, and industry.
The firm focuses on startups that use software to create efficiency, unlock flexibility, and connect distributed assets to the grid.
Future Energy Ventures announced the close of Future Energy Ventures Fund II at €205 million, accompanied by an additional €30 million dedicated Italian vehicle, bringing total new capital to €235 million.
The fund is supported by major institutional investors such as E.ON SE and the European Investment Fund (EIF) as anchor LPs, with further commitments from KFW Capital, ABN AMRO, CLP, BGK, ISA Energia, Borusan, Zorlu Holding, Telos Impact, KELAG, MTR, and Sabanci Climate Ventures.
Fund II invests at late Seed, Series A, and Series B, primarily in companies generating €1–2 million in annual revenues and ready to scale across Europe and beyond. FEV targets technologies that optimize energy flows, connect batteries, buildings, data centers, and mobility assets, and orchestrate increasing volumes of renewables. Building on its earlier €300 million fund (created in 2016 with RWE), FEV now focuses on identifying true inflection points—startups that solve current grid bottlenecks while aligning with long-term global growth trends in electrification and storage.
The firm has already deployed capital into companies advancing flexibility markets, e-mobility integration, building electrification, industrial optimization, and AI applications for grid management.
The dedicated Italian fund, financed by CDP, invests alongside the main fund and reflects both internal team ties to the country and a rapidly maturing Italian innovation landscape. By structuring a separate vehicle, FEV matches CDP’s mandate to support domestic energy innovation while maintaining a unified investment strategy across Europe.
Leadership
Future Energy Ventures is led by Managing Director Jan Lozek, who transitioned from energy infrastructure to venture capital in 2016 and co-founded FEV’s first fund. The leadership team includes partners such as Jan Lesinski, who has deep roots in Italy, and Managing Partner and CFO Veronique Hördemann, who oversees financial strategy and fund operations. Together, they bring decades of experience in energy systems, venture investment, and industrial transformation.
Investment Strategy
FEV targets companies operating at the convergence of AI, electrification, and digital energy systems. The firm invests in startups solving immediate, high-value grid challenges while also addressing long-term structural changes in energy infrastructure. FEV favors businesses that are software-led, asset-light, and capable of scaling across geographies with strong market pull. The firm helps founders navigate long procurement cycles, legacy industry behaviors, and complex regulatory landscapes. FEV’s sector expertise allows it to identify inflection points where adoption accelerates—such as AI-enabled asset optimization, flexibility management, and data-center energy integration—and to support companies during the critical Series A–B bottleneck, where many energy startups struggle to gain commercial traction.
Notable Investments
FEV has invested in around 50 companies since 2016, including:
These startups span AI-driven flexibility management, battery optimization and trading, e-mobility charging solutions, building electrification, industrial decarbonization, and digital grid planning.
Notable Exits
Not publicly disclosed. FEV’s portfolio includes companies with strong commercial traction, follow-on funding, and progression toward profitability.
Other
FEV emphasizes energy security, independence, and economic resilience as core components of its investment philosophy. The firm sees energy innovation not only as a climate imperative but as a top-tier strategic and economic asset class.
FEV is sector-experienced in navigating long sales cycles and helping founders integrate with conservative enterprise and utility structures.
Founders benefit from FEV’s extensive industrial and institutional network, deep energy-system expertise, and active support in accessing European markets. The Italian fund offers additional reach for founders building electrification or grid-software solutions tailored to Southern European markets.
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