​Ascent Energy Ventures

About

​Ascent Energy Ventures is a venture capital firm dedicated to investing in the digital transformation of the energy industry. They aim to support the next generation of innovative leaders applying digital tools to address contemporary energy challenges.

Investment Focus

The firm concentrates on early-stage investments in startups that are developing digital solutions to enhance efficiency and automation within the energy sector. Their portfolio includes companies operating in energy technology, environmental technology, sustainability technology, artificial intelligence applications, and business services. ​

Fund

Ascent Energy Ventures is currently managing Ascent Energy Ventures II, which opened in March 2025.

Other Information

Notable Investments

  • Splight: An AI-based company addressing energy curtailment and grid congestion. Ascent participated in Splight's $12 million seed funding round in July 2024. ​
  • HData: A company focused on regulatory reporting solutions for the energy industry.
  • Teren: Specializes in geospatial data and analytics for environmental risk management.

Notable Exits

  • BidOut: A procurement platform for the energy sector, acquired by Enverus on August 6, 2024.

Contact Info

info@ascentev.com

Website

LinkedIn