Lightrock, a global investment firm, has launched a new $500 million fund to back clean energy companies. The fund aims to accelerate technologies that reduce carbon emissions and support the energy transition worldwide. The firm will focus on four main areas: renewable power generation, energy storage, grid infrastructure, and industrial decarbonisation. Lightrock plans to invest in both growth-stage companies and late-stage startups that show clear paths to scaling and measurable emissions reductions.
According to Lightrock, the fund will target investments across Europe, North America, and Asia. Typical check sizes will range from $10 million to $75 million. The firm said it will work closely with its portfolio companies to provide operational support, strategic guidance, and access to international markets.
This move comes as global clean energy investment continues to grow. In 2025, global investment in clean energy reached over $1.2 trillion, driven by falling costs for solar and batteries and stronger policy support from governments. Many investors see energy storage and grid upgrades as critical to integrating more renewables.
Lightrock’s new fund also aims to back innovations in low-carbon industrial processes, such as electrification and hydrogen, which could help hard-to-abate sectors like steel, cement, and chemicals. The firm expects the fund to support companies that can demonstrate both strong financial returns and measurable environmental impact. Industry experts said the fund could boost deployment of critical clean technologies, especially in regions that need faster grid modernisation. With $500 million, Lightrock joins other big investors pushing capital into the energy transition as countries work to meet net-zero targets.
FAQs [Frequently Asked Questions]
1.What types of companies will Lightrock fund?
Lightrock will fund renewable power, energy storage, grid infrastructure, and industrial decarbonisation companies, focusing on growth and late-stage firms with scale potential.
2. What is the typical investment size?
Typical investments range from $10 million to $75 million per company, depending on stage and capital needs.
3. Which regions will receive funding?
The fund targets Europe, North America, and Asia, aiming to scale technologies across markets needing clean energy and grid upgrades.