**Energize Capital Closes $430M Fund Focused on Energy and Industrial Innovation**
Chicago-based Energize Capital has successfully closed its latest investment vehicle, Ventures Fund III, securing $430 million in commitments. According to managing partner John Tough, the fund was oversubscribed and raised at record speed, reflecting strong investor confidence in the firm’s mission and approach.
The new fund is aimed at supporting earlier-stage companies that are driving the next wave of innovation in the energy and industrial sectors. Energize Capital will back startups leveraging digital and software-enabled solutions to help modernize these traditionally hard-to-transform industries.
“This marks our fifth institutional fund and the third dedicated to our Ventures strategy, reinforcing our conviction that climate solutions aren’t just indispensable—they’re only getting started,” Tough wrote in a company blog post.
He further emphasized the evolving landscape of climate innovation, noting, “Since we started investing, the climate solutions landscape has expanded far beyond what we thought was possible. The reshoring of manufacturing, the digitization of industrial operations, and the rise of the circular economy are reshaping physical infrastructure—and each of these shifts depends on software to optimize performance, reduce waste, and manage complexity.”
With Ventures Fund III, Energize Capital aims to continue catalyzing the transition toward more sustainable and efficient industrial systems through strategic investments in cutting-edge software and technology.
*Image Courtesy: Connect CRE*
