FEV Closes €235 Million Fund to Accelerate the Independent Energy Future
Berlin, November – Future Energy Ventures (FEV), a global active venture capital advisor for digital and asset-light energy technologies focused on accelerating the global energy transition, has announced the closing of Future Energy Ventures Fund II with a volume €205 million, along with a dedicated capital fund for Italy of €30million.
The fund was initially supported by E.ON SE and the European Investment Fund (EIF) as anchor investors. It now also includes additional strategic and institutional investors such as KFW Capital, ABN AMRO, CLP, BGK, ISA Energia, Borusan, Zorlu Holding, Telos Impact, KELAG, MTR, and Sabanci Climate Ventures. The Italian fund is fully financed by CDP and invests alongside the main fund.
With the milestone, FEV positions itself as the largest European advisor for energy-technology-focused VC investments. Its goal is to support companies that are reshaping the energy landscape through digital solutions, strengthening national energy independence, and creating new economic opportunities.
The announcement comes at a time when the transition to cleaner energy systems is accelerating in many markets, while governments worldwide are increasingly prioritizing energy security, economic stability, and technological competitiveness.
A World Built on Energy Security
In a period when environmental policies are being questioned and geopolitical tensions underscore the importance of energy sovereignty, this closing drives a fundamental shift toward energy security, economic prosperity, and sustainability. The transition from volatile fossil fuel dependency to locally controlled renewable systems is today both an economic necessity and a strategic imperative.
The vision supported by FEV goes far beyond cleaner electricity. It envisions a transformed global economy where universal access to locally generated renewable energy ends reliance on volatile energy imports and gives nations true sovereignty over their economic future.
„The closing of this fund demonstrates that energy technology is increasingly being recognized as a significant market.“ says Jan Lozek, CEO of Future Energy Ventures. „For founders, this means innovative solutions in storage, grid optimization, and renewable energy have access to serious capital. For investors, it shows that financial returns and global relevance are compatible. For the market overall, it underlines that the energy transition is both inevitable and economically significant.“
Marjut Falkstedt, EIF Chief Executive, says: „Better managing our energy needs is one of the most important challenges of our time. That’s why we are excited about our participation in the newly established fund. This investment aligns perfectly with the EIF’s strategic objectives and our commitment to driving the energy transition and supporting decarbonization efforts across Europe.“
Energy as a New Top-Tier Asset Class
Energy has emerged as the most compelling investment sector of our generation: security requirements, economic growth, employment effects, and cost-effective renewable energy converge into an area where clean energy technology is both indispensable for stability and an exceptional investment opportunity.
This momentum creates ideal conditions for groundbreaking energy innovations that will complete the transition to a renewable energy world. FEV is therefore well-positioned to identify and scale the technologies that will define the energy systems of the future.
„Europe has the innovation power, talent, and industrial capacity to take a leading role in the global energy transition,“ says Veronique Hördemann, Managing Partner and CFO of Future Energy Ventures. „The key now is that political frameworks facilitate investment and scaling, so Europe can fully realize its potential in energy technology. The energy transition offers the opportunity to drive economic growth, strengthen energy sovereignty, secure jobs, and enhance competitiveness.“
A Decade of Shaping the Energy Future
Since 2016, FEV has been driving the renewable revolution led by Jan Lozek, Veronique Hördemann, Ohad Mamann, Patrick Elftmann, Moritz Jungmann, and Jan Palasinski. The funds invest in Series A and B energy startups with AI-driven, software-based solutions that optimize grid efficiency, enable demand flexibility, and integrate cutting-edge technologies into energy systems. The portfolio includes companies such as Chloris, Enspired, Feld Energy, Jua, Piclo, Reev and Station A, which are advancing changes in flexibility management, e-mobility, building and industry electrification and AI applications.