Future Energy Ventures confident about energy tech despite headwinds: ‘Everything we do is still valid’
3 dec. 2025
15:41
After announcing the close of its €235 energy tech fund last week, Impact Loop caught up with partner and CFO Veronique Hördemann to discuss:
—> What kinds of startups they’re looking to invest in
—> How energy tech fits into resilience priorities
—> Recent political shifts in Germany against renewables
This is the first of our new article series ‘Behind the Fund’ which takes an inside look at impact-focused funds in Europe.
—> What kinds of startups they’re looking to invest in
—> How energy tech fits into resilience priorities
—> Recent political shifts in Germany against renewables
This is the first of our new article series ‘Behind the Fund’ which takes an inside look at impact-focused funds in Europe.
Future Energy Ventures recently raised a new €235m Article 9 fund – and partner Veronique Hördemann says the thesis is almost unchanged from the firm’s first vehicle back in 2016. The focus remains software and asset-light tech to underpin Europe’s energy transition.
Fund I, backed solely by German energy utility E.ON, invested in more than 50 companies. Though E.ON remains an anchor, a broader mix of LPs has joined the second fund. They include the likes of KfW Capital, Telos Impact, and Sabanci Climate Ventures.