Akula Energy Ventures
Status
ACTIVE
Global HQ
Jersey City, New Jersey
Countries of investment
- USA
- India
Investment stages
- Pre-Seed
- Seed
- Series A
- Series B
Industries
- Energy
About
Akula Energy Ventures, founded in 1998, is a venture capital firm dedicated to developing renewable energy projects globally. Initially focused on natural gas and coal preparations in India, the firm transitioned to the renewables sector in 2008. The firm specializes in earlystage investments across solar, battery energy storage, and biogas sectors. Notable achievements include the development and sale of two 20 MW battery energy storage projects in New Jersey and investments in Spectrum Renewable Energy Pvt Ltd and Amergin Energy. The firm is headquartered in Berkeley Heights, NJ, USA, and maintains a strong presence in both the United States and India.
Akula Energy Ventures, founded in 1998, is a venture capital firm dedicated to developing renewable energy projects globally. Initially focused on natural gas and coal preparations in India, the firm transitioned to the renewables sector in 2008. The firm specializes in earlystage investments across solar, battery energy storage, and biogas sectors. Notable achievements include the development and sale of two 20 MW battery energy storage projects in New Jersey and investments in Spectrum Renewable Energy Pvt Ltd and Amergin Energy. The firm is headquartered in Berkeley Heights, NJ, USA, and maintains a strong presence in both the United States and India.
Investment Thesis
Akula Invest in and form strategic partnerships with innovative renewable energy companies around the world.
Team
Srikant Akula (Founder & Managing Partner)
Dr. A.V. Mohan Rao (Principal)
Suma Reddy (Managing Partner)
Portfolio
Spectrum Renewable Energy
Spectrum Coal & Power
Tuusso Energy