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Chicago & Midwest  + Industrial  | 
Global Energy Sector

Energize Capital Raises $430M for Fund Targeting Energy and Industrial Innovation

Chicago-based Energize Capital has closed its latest Ventures fund, which managing partner John Tough said was oversubscribed and was raised at record speed. The company said the $430-million Ventures Fund III will back earlier-stage companies focused on scaling and empowering the next chapter of energy and industrial innovation through digital and software-enabled solutions.

“This marks our fifth institutional fund and the third dedicated to our Ventures strategy, reinforcing our conviction that climate solutions aren’t just indispensable—they’re only getting started,” Tough wrote in a blog posting.

He continued, “Since we started investing, the climate solutions landscape has expanded far beyond what we thought was possible … The reshoring of manufacturing, the digitization of industrial operations, and the rise of the circular economy are reshaping physical infrastructure—and each of these shifts depends on software to optimize performance, reduce waste, and manage complexity.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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