Future Energy Ventures Management

About Future Energy Ventures Management

Future Energy Ventures (FEV) is the largest European VC advisor dedicated to digital, asset-light energy-transition technologies with approximately €110 million plus of assets under management as of December 2024 (Fund I plus first close of Fund II during 2024, total platform reaching approximately €235 million after Fund II final close in November 2025), headquartered in Berlin. The firm originated in 2016 as the E.ON and innogy Innovation Hub before spinning out of E.ON as an independent VC advisor in 2022-2023, with E.ON SE and the European Investment Fund as anchor LPs alongside KfW Capital, ABN AMRO and strategic energy and industrial investors.

Investment thesis

Future Energy Ventures deploys capital through two funds (Fund I plus Fund II, with a dedicated €30 million Italy side fund), targeting early- to growth-stage venture capital in digital, asset-light energy-transition technologies with a Series A focus. Sector focus spans grid and flexibility management, e-mobility, building and industrial electrification, energy AI and software and climate data. Geographic deployment is Europe core (Germany, broader EU) with selective global exposure. The platform was born inside E.ON and is now independently backed by a utility-and-institutional LP base.

Recent activity

Recent realised exits include proptech and building tech (2024) plus energy-tech portfolio acquisitions (2024-2025). Recent acquisitions include energy AI and weather-modeling (2025), spatial-computing for energy (2025) and metering and building energy (KUGU, 2024). The platform continues active deployment of Fund II across the digital energy-transition mandate. Detailed buyer names and multiple data available on Pro at €49/month.