Veriten, a research, strategy and investment firm, has announced the initial close of its second flagship energy venture fund with more than $105 million in capital commitments. Veriten develops an unbiased, long-term global outlook for energy, power and technology and invests in companies addressing critical industry challenges and opportunities.
Fund II aims to capitalize on the success of the firm’s initial fund to accelerate scalable technology solutions for energy, power and industrial applications.
Veriten’s investments are central to the mission of identifying and scaling reliable, sustainable and economic solutions that address operating challenges or capitalize on growth opportunities. Fund II will focus on investments that create broadly applicable solutions that are aligned with our view of the future energy world and have logical, multifaceted exit opportunities. Just as important, investments are centered on themes where Veriten and its network of lead