About DTE Energy Ventures
DTE Energy Ventures is a venture capital firm founded in 2005. It is primarily based out of Ann Arbor, United States. As of Apr 2013, DTE Energy Ventures has invested in 7 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Energy Tech and Environment Tech. Most recently it participated in the $***** Series B round of Qdvision Overall, DTE Energy Ventures portfolio has seen 2 IPOs and 2 acquisitions, namely A123 Systems, Plug Power and Echelon. A lot of funds co-invest with DTE Energy Ventures, with names like Macquarie sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A & Series D
Portfolio IPOs
Portfolio Acquisitions
DTE Energy Ventures' List of Top Investments
DTE Energy Ventures has a portfolio of 7 companies. Their most notable investmentis in QdvisionTheir portfolio spans across United States and China. They have invested in High Tech, Energy Tech, Environment Tech and 4 other sectors, across stages such as Series A, Series D stages. Here is the list of top investments by DTE Energy Ventures:_1591002989634.png?format=webp&height=120&width=120){kind=logo}
1. A123 Systems
Manufacturer of automotive lithium-ion batteries. Its products include lithium-ion batteries for motorsports & commercial vehicles. It also provides services to industrial sectors.
Key facts about A123 Systems
- Founded Year: 2001
- Location: Hangzhou (China)
- Stage: Public
- Total Funding till date: $201M
- Employee Count: 583 as on Mar 31, 2026
- Investors: DTE Energy Ventures, Motorola Solutions and 19 Others
- Latest Funding Round: Post IPO, May 24, 2012, $*****
- Highlight: Public
2. Plug Power
Provider of hydrogen fuel cell solutions and hydrogen generation technologies. The company delivers an end-to-end hydrogen ecosystem, expanding hydrogen generation and powering industries. It offers electrolyzer products and solutions for hydrogen transport, storage, handling, and dispensing. The company’s hydrogen can power various applications to help meet environmental goals.
Key facts about Plug Power
- Founded Year: 1997
- Location: Latham (United States)
- Annual Revenue: $629M as on Dec 31, 2024
- Stage: Public
- Employee Count: 1,985 as on Mar 31, 2026
- Investors: Advantas Capital Ventures, Hercules Capital and 14 Others
- Latest Funding Round: Grant (prize money), May 22, 2025, $*****
- Highlight: Public
Domain expired; Sedo parking page with domain renewal and WHOIS tools. This website displays a Sedo Domain Parking page, indicating the domain is not actively used for a specific business. It offers domain renewal services and a WHOIS tool for domain ownership lookup. The page serves as a placeholder, generating revenue through third-party advertisements. It provides resources for acquiring or investigating domain names, acting as a B2B service for domain registration and information. The platform facilitates domain transactions and offers privacy policies related to its services. It is not a tech company, SaaS, or software provider, but rather a domain parking and information resource.
Key facts about ISE Corporation
- Founded Year: 1995
- Location: San Diego (United States)
- Stage: Acqui-Hired
- Total Funding till date: $23.1M
- Employee Count: 45 as on Jul 01, 2024
- Investors: Macquarie, DTE Energy Ventures and 3 Others
- Latest Funding Round: Series D, Jul 21, 2009, $*****
4. Echelon
Provides an open-standard embedded platform for IoT Applications. It claims its platform is being used to connect over a hundred million devices across applications like Smart Grid, Cities, Buildings, etc. It has a line of network infrastructure products called Lon Works Infrastructure (LWI) which includes transceivers, control modules, routers, network interfaces, development tools, software tools, and toolkits. For system integrator serving the street lighting, remote facility monitoring, and energy management markets, it has developed the i.LON Smart Server products help in enabling energy management. For the electric utility industry, the Company has developed a grid infrastructure system, the Networked Energy Services (NES) system. The NES system provides a two-way information and control path between the utility and its customer.
Key facts about Echelon
- Founded Year: 1988
- Location: Santa Clara (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $16M
- Employee Count: 40 as on Dec 31, 2018
- Investors: DTE Energy Ventures, Mayfield and 5 Others
- Latest Funding Round: PE, Mar 04, 2011, $*****
- Highlight: Acquired
SoftSwitching Technologies offer the most affordable, effective and scalable power quality and monitoring solutions available on the market. SoftSwitching Technologies' solutions improve uptime in manufacturing production by identifying and correcting brief power disruptions called “voltage sags.” Typically, voltage sags can cause computerized machinery to go off-line, precision instruments to fail, and control systems to shut down.
Key facts about SoftSwitching Technologies
- Founded Year: 1996
- Location: Middleton (United States)
- Stage: Deadpooled
- Total Funding till date: $26.1M
- Investors: DTE Energy Ventures, Emerald Technology Ventures and 9 Others
- Latest Funding Round: Series C, Aug 19, 2010, $*****
DTE Energy Ventures' Investments by Stage
DTE Energy Ventures has made 1 investment in Series A stage with an average round size of $3M and 1 investment in Series D stage with an average round size of $17.5M.DTE Energy Ventures' Investments by Sector
DTE Energy Ventures has a diverse portfolio, with companies operating in the Auto Tech, Energy Tech, Environment Tech, High Tech and Semiconductors. Notably, it has invested in 5 Enterprise (B2B) companies, 5 Tech companies, 4 Tech hardware companies and at least 2 companies focusing on Software.Sector | No. of Investments |
|---|---|
Auto Tech | 1 |
Energy Tech | 1 |
Environment Tech | 1 |
High Tech | 1 |
Semiconductors | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
DTE Energy Ventures' Investments by Geography
DTE Energy Ventures has made most investments in United States (2).DTE Energy Ventures' recent investments
DTE Energy Ventures has not made any investment in 2026 so far.Here are the most recent investments by DTE Energy Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 01, 2013 | United States | Series B | 1446 | ||
May 24, 2011 | United States | Series B | 2651 | [+5] | |
Jan 21, 2010 | United States | Series A | 6309 | - | |
Nov 17, 2008 | United States | Series D | 4542 | [+3] |
IPOs and Publicly Listed companies in DTE Energy Ventures' Portfolio
2 of DTE Energy Ventures' portfolio companies have become public. A123 Systems got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Sep 2009 and Plug Power got listed on the Frankfurt Stock Exchange (FRA).Here are DTE Energy Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 24, 2009 | - | - | 5430 | |
Sep 17, 1999 | - | - | 1999 |
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Acquired companies in DTE Energy Ventures' Portfolio
2 companies from DTE Energy Ventures' portfolio have been acquired. The most recent acquisition were Echelon in Jun 2018 by Adesto for $45M.Here are DTE Energy Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 29, 2018 | - | - | 7872 | |
Jan 01, 2011 | Nov 17, 2008 | Series D | 3880 |
Co-investors of DTE Energy Ventures
Over the past 18 years, 15 investors have co-invested in DTE Energy Ventures's portfolio companies. This includes only funds.
- Invested before DTE Energy Ventures: Highland Capital Partners, North Bridge Venture Partners and 4 others have invested in rounds before DTE Energy Ventures. There is 1 company where Highland Capital Partners has invested before DTE Energy Ventures and 1 company where North Bridge Venture Partners has invested before DTE Energy Ventures.
- Top Co-investors of DTE Energy Ventures: 4 investors entered a company along with DTE Energy Ventures. These include investors like Macquarie (1 company).
- Invested after DTE Energy Ventures: A total of 5 investors have invested in DTE Energy Ventures's portfolio after their investments. Top Investors include Passport Capital (1 company), Novus Energy Partners (1 company) and Capricorn (1 company).
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