Duke Energy Corporation

Duke Energy Corporation, a prominent electric power holding company, extends its reach into the innovation ecosystem through Duke Energy Ventures. Established in 2015, this corporate venture capital arm is strategically focused on identifying and investing in early-stage and growth-stage companies that align with Duke Energy's core business and future strategic priorities. The fund's primary objective is to foster innovation in areas critical to the evolving energy landscape, including renewable energy, grid modernization, energy storage solutions, electric vehicles, and smart city technologies. This strategic investment approach allows Duke Energy to gain insights into emerging technologies and business models, potentially integrating them into its vast operational footprint across the United States.

Duke Energy Ventures is not merely a financial investor; it seeks strategic partnerships that can enhance its parent company's long-term sustainability and operational efficiency. The fund looks for companies with proven technologies, strong management teams, and scalable solutions that address significant challenges or opportunities within the energy sector. Their investments are designed to support the development and commercialization of technologies that can improve energy delivery, reduce carbon emissions, and enhance customer experience.

Since its inception, Duke Energy Ventures has deployed over $100 million in capital across a diverse portfolio of companies. While specific first check sizes can vary depending on the stage and strategic fit of the company, Duke Energy Ventures typically participates in funding rounds ranging from Series A to later growth stages. Their investment philosophy emphasizes collaboration and leveraging Duke Energy's extensive industry expertise and resources to help portfolio companies scale. This commitment to strategic innovation underscores Duke Energy's proactive approach to navigating the energy transition and securing future growth.