Stepchange Ventures
Early-stage venture firm founded in 2023 in Seattle, investing in software-led companies across energy, infrastructure and related sectors.
Stepchange Ventures is an early-stage venture capital firm founded in 2023 and based in Seattle, Washington. It backs ambitious, product-driven companies developing solutions for energy abundance and infrastructure upgrades, with a stated emphasis on software. The firm's technical remit spans energy systems, electric-vehicle charging, building electrification, renewable power, grid flexibility, data-centre infrastructure, geospatial intelligence, infrastructure resilience and AI infrastructure.
Portfolio activity is organised across six sectors: transportation, the built environment, energy transition, AI infrastructure, Earth intelligence and resilience. Vertical exposure within those categories includes electric vehicles, building electrification, renewable energy, power grids, data centres and geospatial intelligence. Check sizes, fund vehicles and assets under management are not disclosed.
The team describes itself as operators turned investors, bringing experience in product, go-to-market strategy and company building. That background informs an approach of supporting founders from the earliest stages and of favouring practical approaches to complex market needs. Further information is available at https://www.stepchange.vc/.