CVC/FOF  DTE Energy Ventures

http://www.dteenergy.com





     Office Locations:

414 S. Main Street, Suite 600
Ann Arbor, MI 48104
Phone: 734-302-5309

 

Stages:

  • Early


 

Industries:

  • Energy & Clean Tech

  •  

    Description:

    DTE Energy Ventures is the corporate venturing arm of DTE Energy Company. With over a decade of investing experience, DTE Energy Ventures is at the forefront of emerging energy technologies. DTE targets companies in the following sectors: Renewable Energy (Solar, wind, biomass, biofuels, hydro); Energy Efficiency / Environmental (SmartGrid, green building, LED, carbon capture, waste to energy); and Energy Storage (Advanced battery solutions, plug-in hybrid electric vehicles, flywheels). DTE Energy Ventures focuses its investments on post-angel investment companies. Typically, companies that meet its criteria have previously raised start-up or seed funding, developed an initial prototype of their technology and begun to fill out their management team. The preferred initial investment is $2,000,000 to $5,000,000, with an ideal total investment of $5,000,000 to $15,000,000, in stages as milestones are met. DTE also makes investments in other Venture Capital funds, including Arete, EnerTech, and Wind Point Partners. To date, DTE has invested over $100 million in energy-related companies and funds, making it one of the largest Michigan-based venture capital operations.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Ganesh Ananthasubramaniam Vice President
    Gunyan (Mark) Zhu Investment Manager
    Jeff Crusey Investment Manager
    Knut Simonsen Senior Vice President

     

    Portfolio companies include:


      A123 Systems
        web link


      Echelon
        web link


      MiaSole
        web link


      Novus Energy Partners
        web link


      Pentadyne
        web link


      Perfect Commerce
        web link


      PlugPower
        web link


      QD Vision
        web link


      SoftSwitching
        web link


     

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