Top 10 Venture Capital Investors in Power & Utilities Industry in the World in 2021 by Deal Value

Coatue Management LLC, CCB Investment, Country Garden Venture Capital, Xiaomi Corp, and Tiger Global Management LLC are among the top 5 venture capital investors in the power & utility industry in the world in 2021 by deal value. In terms of the geographic split, 5 out of 10 of the world’s top 10 venture capital investors in the power & utility industry are headquartered in North America, while 4 are based in Asia, and the remaining 1 is based in Europe. They employed a total of 117,959 people in 2021. Jiangsu Niu’s series A financing deal was one of the major VC deals in the power & utility sector in 2021. Jiangsu Niu Innovation Energy Technology Co Ltd, a new energy vehicle research and development company, focusing on smart high-end new energy vehicles, has raised $500 million in Series A financing and received investment from IDG and COATUE. The deal was completed in Q4 2021. Gaiascope raised seed funding, it was another major VC deal in the power & utility sector in 2021. Gaiascope Inc, a pioneer in wholesale electricity price forecasting, has raised $2 million in a seed prime fundraiser. The round was led by VoLo Earth Ventures. Other investors in the round include Khosla Ventures and Y-Combinator. The deal was completed in Q3 2021. Commonwealth Fusion’s series B financing was another major VC deal in the power & utility sector in 2021. Wilson Sonsini Goodrich & Rosati Professional Corp served as legal advisors to Commonwealth Fusion. Commonwealth Fusion Systems, a nuclear energy technology company, has raised $1,800 million in series B financing from Coatue Management LLC (Coatue Management), Emerson Collective LLC, and others. The deal was completed in Q4 2021.