Downstream Clean Energy
& Advanced Materials
Focus Areas

We work with projects and invest in companies related to the downstream portion of the clean energy and advanced materials industry value chains. Our focus areas are composed of clean energy sectors that we deeply understand, we avoid the rest. Within each focus area are operational and technology opportunities and both are of interest to us. We pursue those that can be integrated into a larger context of the sector and evidence a novel approach, a change in cost structure, positive externalities or other important drivers of market adoption. The focus areas also have the potential to replace the status quo and in doing so would create significant returns for our investments as well as large benefits for our clients, society and the environment.
Alternative Fuels & Transportation Technologies
Fuel storage and delivery for vehicles of all types and sizes: gaseous and cryogenic storage, electrochemical methods, and catalytic processes.
Connected – Autonomous – Shared – Electric (or CASE) technologies with an emphasis on commercial vehicle applications.
Measurable improvements to waste energy capture and management, field asset data and analytics IT, fueling demand and logistics optimization IT, fueling facility/network technology bottlenecks and operations, fuel as a service fintech, and electric and natural gas grid integration.
Types of fuels include electricity, natural gas, hydrogen, nitrogen-based, and short-chain hydrocarbons.  
Advanced Materials
Bridging the gap from proof-of-concept scientific discovery to commercialization through close relationships with universities, national labs and industry.
Targeting nano and micro-scale coatings (to protect or enhance optical, heat transfer, reliability, other properties) for application to traditional materials or devices as well as new materials with novel properties.
Gas separation and storage, solar photoconversion, heat management, electrochemical and other energy storage, fuel cells, efficient lighting, catalysts and advanced manufacturing (such as additive manufacturing) are primary areas of interest. 
Renewable, Distributed and New Grid Energy
Intersection of distributed energy, renewable energy and storage, clean technologies, dynamic power markets, demand management, and grid infrastructure reliability and optimization create opportunities for new IT solutions, service-based operations and new technology solutions for low carbon energy.
Technologies that can integrate into complete systems (typically in partnership with larger companies) and provide a meaningful cost, carbon reduction, efficiency or other improvement are key.
Areas of interest include solar photoconversion, combined heat and power, energy storage, building efficiency, facilities energy management (such as integration of cleantech with vehicle fueling facilities), virtual utility, smart-grid technologies, and microgrid-grid integration.