Future cities includes g electric mobility and the built environment, while future energy covers technology to optimise the grid as we shift to more renewable energy. Future technologies are innovations that further accelerate the green transition. FEV managing partner Jan Lozek says that while his fund has a specialism in climate deeptech software, it’s “not set up as a deep tech hardware investor”, and has learnt to lean on its partner network of co-investors and the team at E.ON to make sound bets on cutting-edge technologies. He adds that the legacy expertise of traditional energy companies like E.ON is helpful when trying to make disruptive change in an infrastructure-heavy industry. [...] Traditional energy companies are coming under increasing pressure to divert more of their profits toward the transition to renewables, a trend that FEV partner Veronique Hördemann expects to accelerate in the coming years. “Their [energy companies’] business model is dissolving,” she tells Sifted. “They need to look for other opportunities in the market.” ### What will Future Energy Ventures invest in? The FEV team aims to make 30 new investments into startups in Europe, North America and the Middle East, with ticket sizes ranging from €1-10m. 60% of the raised capital will be reserved for follow-on rounds. The fund will focus on three main areas: “future cities,” “future energy” and “future technologies.” [...] “We can only make it [the green transition] work if we work together
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