Investor profile
Conduit Ventures Limited
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Conduit Ventures Limited is an independent fund manager focused on synergistic optimisation solutions across the energy transition, food, and water. The firm partners with smart, growth-stage entrepreneurs to create value for all stakeholders, with the understanding that every challenge demands a tailored approach. In the early 2000s, Conduit understood that there was no silver bullet to the world's resource and energy challenges. Hence, the guiding strategy has been to invest in solutions that integrate seamlessly into the energy landscape, such as hydrogen, solar and biofuels. The firm creates synergy within its portfolio by investing in projects and solutions that complement each other, forming a self-serving ecosystem.
Notable quotes
“The New Sources-Conduit Ventures collaboration is a powerful combination, combining the best of both worlds. Conduit Ventures' team consist of seasoned investors and are considered early pioneers in the hydrogen and fuel cell sector. Several of their portfolio companies are market leaders today.”
“New Sources will establish strategic partnerships with a strong operational focus and international footprint.”
Recent investments
| Company | Round | Size | Date |
|---|---|---|---|
| Wal Low Carbon | Unknown | — | — |
| SFC Energy | Growth | — | — |
| Tougas | Series B | $6m | 2013-09-05 |
| Hydrexia | Series B | $2m | 2013-05-08 |
| P21 Energy Solutions | Series B | $6m | 2009-05-13 |
| Vairex Air Systems | Series A | $2m | 2008-09-23 |
| Protonex Energy Solutions | Series A | — | 2004-03-15 |
| Ballard Power Systems | Growth | — | — |
| Blue World Technologies | Growth | — | — |
| Heliocentris AG | Growth | — | — |
Frequent co-investors
| VC firm | Deals together |
|---|---|
| Air Liquide | 1 |
| Enertech | 1 |
| Entrepreneurs Fund | 1 |
| GBS | 1 |
| Hoppinger | 1 |
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