WHAT WE DO
renu ventures is a early stage venture capital fund focused on the convergence of transportation, energy and infrastructure. We believe in advancing a sustainable economy, where transportation is electric and
shared and where energy is clean, reliable and affordable for all.
renu ventures drives these goals through targeted funding of companies that share these values,
thereby advancing the sustainable energy economy and reducing emissions. We invest in early and
growth stage companies focused on autonomous, connected, electric, shared
transportation and management of renewable, decentralized energy.
HOW WE WORK
renu ventures invest into early stage companies. Geographically, renu ventures is focused on the North-American market, however opportunistically we will look at companies in Europe and the rest of the globe.
A majority portion of the fund is reserved for early stage companies that find themselves in seed or series A investment rounds. renu ventures might take a lead- investor role in these scenarios for the North American Market
The remaining portion of the fund is reserved for follow on investments into companies we invested in in previous rounds.
WHO DO WE INVEST IN
renu ventures will invest strategically into technology and business models that help the evolution of Sustainable Transportation, Clean Energy and Smart Cities. We will carefully review a company based on its stage and its fit into our investment thesis.
renu ventures will invest in companies that bring platforms, technologies and business models to market which make the transformation to connected, autonomous, shared and electric cars faster and more efficient while providing a lower cost to the customer. Special consideration is given to connecting transportation to the electric grid intelligently and efficiently.
For example, renu ventures might invest in a company providing a platform to direct AVs to relevant points on the grid where load or capacity is needed however, might not be the fund that invests into one of the numerous LIDAR companies in the market.
Renewable Energy technology has attracted significant capital over the years; when looking at renewable energy opportunities renu ventures will focus on intelligent control of distributed energy assets. We might invest into a company smartly controlling assets such as EV charging, solar, energy storage to provide the best value to the user and to the grid. However, we will most likely not invest into companies pursuing the next solar cell technology, solar module manufacturing or ownership of energy assets.
In the renu ventures's portfolio we will also seek a geographical balance between portfolio companies.