Angeleno Group logo

Angeleno Group

North America, California, United States, Los Angeles

Description

Angeleno Group (AG) is a prominent Los Angeles-based private equity firm with a dedicated focus on high-growth investments within the energy and natural resources sectors. Established over two decades ago, AG has built a strong reputation for identifying and scaling innovative companies that are at the forefront of the global energy transition. The firm’s investment philosophy centers on providing capital and strategic support to businesses poised for significant expansion, contributing to a more sustainable future. Their deep industry expertise allows them to engage effectively with companies developing breakthrough technologies and business models across various segments of the energy value chain.

AG primarily targets growth equity and later-stage buyout opportunities, indicating a preference for companies with proven technologies and established market traction. While their investment sizes can vary depending on the specific opportunity and stage, Angeleno Group typically deploys initial checks ranging from $5 million to $30 million. This capital is often used to fuel product development, market expansion, and strategic acquisitions. The firm's substantial financial capacity is underscored by its successful fundraising efforts, including the close of Angeleno Group Fund V in 2018, which secured $350 million in commitments, demonstrating their ability to lead or co-lead significant rounds.

The firm boasts an impressive portfolio of companies that have achieved considerable success and impact. Notable investments include Stem, a leading provider of AI-driven clean energy storage systems; Bloom Energy, a pioneer in solid oxide fuel cell technology; and ChargePoint, one of the world's largest electric vehicle charging networks. These examples highlight AG's commitment to supporting companies that are not only financially promising but also contribute to critical infrastructure and technological advancements in the energy landscape. Angeleno Group’s long-standing presence and strategic investment approach position them as a key player in accelerating the adoption of sustainable energy solutions globally.

Investor Profile

Angeleno Group has backed more than 37 startups, with 2 new investments in the last 12 months alone. The firm has led 11 rounds, about 30% of its total and boasts 11 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series C, Series B rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Australia.
  • Strong thematic focus on Manufacturing, Renewable Energy, Energy.
  • Led 1 rounds in the past year.
  • Typical check size: $5M – $30M.

Stage Focus

  • Series Unknown (35%)
  • Series C (16%)
  • Series B (16%)
  • Series A (8%)
  • Series D (8%)
  • Private Equity (5%)
  • Angel (3%)
  • Pre Seed (3%)
  • Series F (3%)
  • Series E (3%)

Country Focus

  • United States (95%)
  • United Kingdom (3%)
  • Australia (3%)

Industry Focus

  • Manufacturing
  • Renewable Energy
  • Energy
  • Solar
  • Enterprise Software
  • Agriculture
  • Biotechnology
  • Fuel
  • Energy Management
  • Software
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Angeleno Group frequently co-invest with?

Catamount Ventures
North America, California, United States, San Francisco
Co-Investments: 3
Cyrus Capital Partners
North America, New York, United States, New York
Co-Investments: 4
Claremont Creek Ventures
North America, California, United States, Oakland
Co-Investments: 2
Kleiner Perkins
North America, California, United States, Menlo Park
Co-Investments: 5
Prelude Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Flint Hills Resources
North America, Kansas, United States, Wichita
Co-Investments: 4
NGEN Partners
North America, New York, United States, New York
Co-Investments: 3
I2BF Global Ventures
North America, New York, United States, New York
Co-Investments: 4
Element Partners
North America, Pennsylvania, United States, Radnor
Co-Investments: 4
The Westly Group
North America, California, United States, Menlo Park
Co-Investments: 5

Which angels does Angeleno Group often collaborate with?

BG
North America, Washington, United States, Seattle
Shared Deals: 1

What are some of recent deals done by Angeleno Group?

Azzo

Pine Brook, New Jersey, United States

Azzo is an international engineering company that provides power monitoring and energy management control system solutions.

EnergyEnergy ManagementRenewable Energy
Series UnknownDec 17, 2024
REsurety

Boston, Massachusetts, United States

REsurety is a provider of risk management and software products to the buyers and sellers of clean energy.

Clean EnergyEnergyRenewable EnergySoftware
Series COct 15, 2024
Amount Raised: $32,000,000
Anza Renewables

Oakland, California, United States

Anza Renewables facilitates the use of renewable energy by providing its developer, IPP, and EPC clients with a software solution.

ProcurementRenewable EnergySolar
Private EquityMay 17, 2023
Fictiv

San Francisco, California, United States

Fictiv is the operating system for custom manufacturing that makes it faster, easier, and more efficient to source and supply custom parts.

3D PrintingHardwareManufacturingMechanical Engineering
Series EMay 5, 2022
Amount Raised: $100,000,000
Span

San Francisco, California, United States

Span develops residential energy storage devices that provide renewable electricity and charging services for electric vehicles.

EnergyHardwareInternet of ThingsRenewable EnergySoftware
Series BMar 22, 2022
Amount Raised: $90,000,000
PrordrUK

Oxford, Oxfordshire, United Kingdom

PrordrUK - Platform that allow company to easy create and monitor task to convert workload with efficiency.

Pre SeedFeb 5, 2021
Amount Raised: $125,500
Edeniq

Visalia, California, United States

Edeniq is a leading biotechnology company that develops processes for producing and measuring cellulosic ethanol from corn kernel fiber.

AgricultureBiotechnologyFuel
Series UnknownJun 19, 2017
Amount Raised: $5,000,000
Edeniq

Visalia, California, United States

Edeniq is a leading biotechnology company that develops processes for producing and measuring cellulosic ethanol from corn kernel fiber.

AgricultureBiotechnologyFuel
Series UnknownJan 19, 2017
Amount Raised: $7,000,000
Patriot Environmental Services

Wilmington, California, United States

Patriot Environmental Services strives to be the premier provider of comprehensive environmental services in the western United States.

Environmental EngineeringWaste ManagementWater Purification
Private EquityApr 18, 2016
Renew Financial

Oakland, California, United States

Renew Financial is a provider of district legislation financing to assist in property assessed clean energy (PACE) improvement financing.

Clean EnergyFinanceFinancial ServicesFinTechRenewable Energy
Series DFeb 11, 2016
Amount Raised: $70,000,000