FutureProof Ventures

Future Energy Ventures is a unique venture capital platform that brings together corporate partners and world-class start-ups to shape the future energy landscape. Future Energy Ventures is the venture capital investment and collaboration platform of E.ON, one of Europe’s largest operators of energy networks and energy-related infrastructure and a provider of innovative customer solutions for about 50 million customers. Our Vision We believe the future of energy will see multiple sectors converging to deliver decarbonized, digitalized and democratized access to energy. This needs us to all think differently; everything will be interconnected and play a role within a larger energy infrastructure. Electric cars are not just vehicles, they are also mobile batteries; buildings can also be energy generators; homes and businesses can be smart and connected, regulating the energy they use and when. Frontier technologies such as AI and blockchain have a role to play in connecting these producers and consumers of energy together. Creating this new energy future requires bold thinking and will see new players disrupt traditional energy supply chains. Future Energy Ventures exists to drive that transition by investing in the innovative companies that are creating the digital and digitally enabled technologies that have the potential to redefine the future energy landscape, helping these pioneers to build their business and make the connections to accelerate their growth. Future Energy Ventures is born from the energy industry, but it understands energy must converge with other sectors to create a sustainable and prosperous future. This is why we go beyond energy to invest in companies solving problems in cities or building frontier technology. The realization of our ambition relies on collaboration and partnerships; between people and companies from many different industries. Our focus Pioneering the transition to a new energy future built on digital technologies relies on expanding our scope to encompass a wider definition of the future of energy. Energy infrastructure will converge with other infrastructure. Buildings will have photovoltaic panels and turbines to generate energy and store it for times of peak use. Battery technology and other forms of energy storage will be integrated into homes, cities, vehicles and streets, allowing energy to be stored and drawn down from multiple points with the entire city acting as a smart grid and smart energy storage network. We will also see opportunities for existing infrastructure, petrol stations for example, to be reimagined and reused as energy generation, charging and storage hubs for fleets of smart electric vehicles, which in time will be autonomous and driverless. The future will also demand far more energy to power a connected world but that energy will be cheap and abundant as a result of localized, renewable energy production and microgeneration. It will also be smart and controllable, enabling consumers to regulate what they use and when and to sell excess energy back to the grid from the home, office and municipal generation facilities. We condense this extended network of the future of energy into three Focus Areas. Future Energy The energy system will shift to a decarbonized, decentralized and digitally-interconnected system. Digital technologies are the key enabler for this transition and are set to make energy systems around the world more connected, intelligent, efficient, reliable and sustainable. One aspect of this transformation that presents great potential is the ability to break down boundaries between energy and adjacent sectors, increasing flexibility and enabling integration across entire systems. As a result, we believe now is an unprecedented time for attractive investment opportunities, and a call for action for today’s energy industry. Future Cities While cities transform, various kinds of technologies have emerged as a means to improve the quality of life of their citizens. Rapid urbanization however has led mankind to face a number of challenges that must be overcome in mega urban areas. The consequences are far-ranging and incising: freshwater scarcity, mountains of refuse, permanent traffic gridlock and air pollution. How can municipalities master these challenges with their tight budgets? One key solution is smart cities. Smart cities are intelligent and connected cities, contributing to a better quality of life and reduced resource consumption. Future Technologies We believe that the future of cities and energy will be shaped by advances in technology. We will tap into the frontier and deep technologies that promise to shape the future of cities and energy in the years to come, including the fields of AI and Machine Learning, Blockchain and Cyber Security. Who we’re looking for? We focus on investing in start-ups that are transforming the energy ecosystem and pioneering the future of energy. Our sweet spot is digital, scalable and asset-light companies seeking Series A and beyond funding that have shown evidence of a product-market-fit.

We are backing pioneering businesses during their early-growth stage and get excited about solutions driving the systemic change of how energy is generated, distributed, stored, and consumed 🚀⚡

We believe that reaching net zero is achievable, but a huge push is necessary to decarbonize our industries and societies. Fostering a liveable planet and achieving net zero will require innovation, technological change, an entrepreneurial mindset, as well as capital providers able to identify and support the right ideas. That is why we created Pelion Green Future. We invest in and support like-minded entrepreneurs, companies and technologies which help tackling the climate crisis at its root cause. For us, this starts with ‘cleaning up’ the energy economy by scaling up existing renewable energy sources while also investing in new technologies that help us generate, store, and use low-carbon electricity globally. Decarbonizing the energy economy means decarbonizing a large share of total emissions. ‘Green energy’ is therefore at the core of our activities. But to drive a large-scale decarbonization, we will need to rethink infrastructure and technological systems more broadly – which is why we also invest in companies focused on different climate technologies that help us achieve net zero. Our purpose Catalyzing decarbonization solutions to foster a liveable planet. We are a long-term investment partner, fostering innovation to accelerate the transition towards a cleaner future. With entrepreneurial spirit at our core, we provide capital, network, and support beyond the obvious – empowering visionaries around the world in building and scaling successful companies that help people and nature thrive. We believe that by working together with our partners, we can contribute to creating a sustainable future for all.

For the past 25 years, we have backed the visionaries who push the boundaries of possibility and explore the frontier of the unknown. We focus on seed and early-stage investments in trailblazing, purpose-driven entrepreneurs with unique ideas that have the potential to reinvent entire industries. As venture capitalists, the Future Ventures partners have led founding investments in several companies that had successful IPOs and others that were billion-dollar acquisitions. Some of our early VC investments include Boring Company, Commonwealth Fusion, D-Wave, Planet, Skype, SpaceX, Tesla and Upside Foods. Here are some of those founding stories, representing $800 billion of aggregate value creation. You can follow us on Facebook, Twitter or our photo blog, listen to the long-form podcast interview, or read some of our thoughts on deep learning and manufacturing meat without animals, or browse our collection of Apollo space artifacts or rocketry gone wild.

Earth Venture Capital (EVC) is a global venture capital firm that seeks to empower digital solutions tackling climate change, while having the potential to deliver significant financial return. Believing that the next generation of unicorns will be climate tech startups, we aim to leverage the power of entrepreneurship to achieve these three climate goals: (1) to abandon petrol and diesel, (2) to store carbon and reduce carbon emission and (3) to switch to renewable energy.

EDF Pulse Ventures manages the EDF Group's venture capital fund. Our mission is to identify and invest in new businesses and innovative solutions developed by start-ups to help build a carbon-neutral future. EDF Pulse Ventures, the ideal partner for start‑ups looking to innovate in renewable energy Business synergies: Develop commercial partnerships with our subsidiaries and businesses, or with other cleantech start‑ups in our portfolio. Strong support: Benefit from the support of the world's leading low-carbon energy producer and its internationally recognised R&D. A reliable and active shareholder hold the best of our installations: Take advantage of a capital contribution with no predefined duration from a strategic shareholder involved in the governance and support of your management. Strategic support: Anticipate market opportunities and new business models thanks to our experience, our monitoring and the sectoral studies made available to you. EDF Pulse Ventures' investment sectors EDF Pulse Ventures finances and supports innovative cleantech start-ups in the field of energy transition: Maturity: Series A and B % of holding: Minority Ticket size: 3M€ to 5M€ Locations: Europe, North America Areas of expertise: Decarbonisation solutions and services for all. Performance, construction and conversion of energy production and storage facilities. Carbon free production and storage solutions of tomorrow. Decentralised energy systems. Carbon capture, premium offset and recovery solutions. Societal trends.