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Evergy Ventures operates as the non-regulated investment arm of Evergy, Inc., strategically deploying capital into emerging energy companies. The firm identifies and supports innovative North American startups developing solutions for cleaner, safer, and more reliable energy delivery. Their investment thesis targets technologies and business models accelerating grid modernization and decarbonization efforts.
Established as the venture capital arm of Evergy, Inc., Evergy Ventures originated as GXP Investments. Its formation followed the 2018 merger of Westar Energy and Great Plains Energy, creating the parent utility, Evergy. This initiative was driven by the insight that external innovation is crucial for advancing utility infrastructure and addressing future energy challenges.
The firm's capital and expertise primarily benefit early-stage energy companies seeking to scale their technologies. Through these partnerships, Evergy Ventures reinforces Evergy's core mission to provide dependable, affordable, and sustainable energy. Their long-term vision involves shaping the future energy landscape by integrating advanced solutions that enhance grid stability and drive a cleaner energy economy.
Key people at Evergy Ventures.
Key people at Evergy Ventures.
Evergy Ventures has 6 tracked investments across 4 companies. The latest tracked deal is $25.0M Series U in Omnidian in October 2023.