VC firm Energize Ventures raises $330M to fund climate change action

The digital tech-focused VC and asset finance firm Energize Ventures just announced the closing of its second fund at $330 million.

State of play: It's focused on "scaling and commercializing cutting-edge technologies and software across renewable energy, mobility, cybersecurity, battery storage, critical infrastructure and climate resiliency," the firm said.

Driving the news: Energize's backers include asset manager CDPQ, American Electric Power, the VC arm of oil-and-gas giant Equinor and other deep pockets.

• Energize's second fund has already made a few investments, including in the battery analytics software company Twaice.