WEX Venture Capital

About the fund

Energize Ventures Fund III closed at $430 million in June 2025, surpassing its $350 million target. The fund targets early-stage and early growth companies developing software and data-driven solutions for the energy transition, industrial digitization, and infrastructure innovation. With a thesis grounded in asset-light, capital-efficient business models, Energize backs companies at the forefront of grid interconnection, next-generation manufacturing, and the circular economy. The fund’s strategy emphasizes operational support and domain expertise, enabling portfolio companies to scale rapidly in complex, evolving markets.