Cerity Partners Ventures is proud to announce our latest corporate venture capital relationship. We will be working with NRG Energy to manage its $50 million CVC fund focusing on energy transition and managed home investments.? ? We are grateful to continue working with corporate leaders who bring unique, strategic value to startups. Together, we can focus on helping entrepreneurs who want to build companies that make an appreciable difference.? ? So many people worked hard to bring this opportunity to fruition, but we especially want to thank Bruce Chung, Lindsey Puchyr, and David Horowitz.? ? We are optimistic about this fund’s potential for impact and look forward to working with entrepreneurs in North America, Europe, Australia, and beyond. For Cerity Partners Ventures, this fund represents another key relationship in our growing Built World sector practice.? ? For more information, please see our announcement and the news release from NRG at the link below.? ? https://lnkd.in/gx49ic9M?
“We are always looking to support innovative technologies that strengthen the energy landscape,” said Robert J. Gaudette, Executive Vice President, President of NRG Business and Wholesale Operations. “Equilibrium’s AI-driven platform offers a differentiated approach to managing volatility and balancing risk, and we are excited to invest in their vision and collaborate with their team.” Exciting news—we’re investing in Equilibrium Energy to help drive innovation and unlock new opportunities across the energy landscape. Through our corporate venture capital fund, we back early- to mid-stage companies that are shaping the future of energy and the managed home space. Read more here: https://bit.ly/4iK3pyH