News & Insights
Investing in Generalist: General Intelligence for the Physical World
We are excited to announce our investment in Generalist — the frontier AI company building general intelligence for the physical world.
Investing in Tenet: The Security Platform for the Agentic Layer
Tenet Security emerges from stealth with $6 million in seed funding. Read on for more on why we invested.
Bringing AI to the Physical World: The Edge AI Infrastructure Stack
Read on to learn about the technology infrastructure stack enabling AI deployment into edge environments.
Investing in Squint: The AI Manufacturing Platform Built for the Physical Economy
We’re proud to lead Squint’s $40 million Series B funding round alongside TCV, Sequoia Capital, and Menlo Ventures.
Innovating with Intelligence: Physical AI Meets Materials Design
Read on for what’s next in AI for material discovery, plus our market map.
Investing in Magentic: AI Agents for Supply Chain Teams
We're thrilled to announce our Seed investment in Magentic, an AI co-pilot for procurement and supply chain teams.
Investing in AttoTude: The Future of AI Infrastructure
We're excited to announce our Series B investment in AttoTude, a next-generation data center interconnect platform.
Investing in Sightline: The Go-To Market Intelligence Platform for the Transition Economy
We’re delighted to announce our Seed investment in Sightline, the market intelligence platform powering the transition economy.
ClimateTech Growth Mindset with Steve Westly and Charles Oakley Roberts
In this premiere episode, Steve Westly from The Westly Group joins the VP of Innovation Charles Oakley Roberts from Trane Technologies to discuss the future of ClimateTech.
From Lab to Grid: LDES Ready for Liftoff?
LDES is booming and now looks primed for liftoff. The Westly Group's Nick Albanese & Kokoro Azharul dive into the LDES landscape, highlighting companies and projects to watch.
Westly Group Closes $100M Seed Fund to Transform World’s Largest Industries
The oversubscribed fund will be invested in entrepreneurs innovating the energy, mobility, building, and industrial sectors that make up more than 50% of the world’s GDP.
AI for the Power Sector
The Westly Group's Megan Cain and Nick Albanese outline the latest trends and emerging opportunities for the fast-growing universe of new startup technologies coming to market.
Learn to Win Closes $30 Million Series A Funding Round led by The Westly Group
The Westly Group is excited to partner with Learn to Win and lead their oversubscribed Series A! Congratulations to Andrew Powell, Sasha Seymore, and the entire team on advancing enterprise training software.
Volvo to issue world’s first EV passport in partnership with Circulor
Volvo plans to launch the world's first electric vehicle (EV) battery passport, developed in collaboration with Circulor, in line with upcoming EU regulations.
Steve Westly on EV Outlook and Tesla (CNBC)
Steve Westly, managing director of The Westly Group and former Tesla board member, discusses the EV automaker and Elon Musk with CNBC's Karen Tso and Arjun Kharpal at VivaTech in Paris.
WeaveGrid launches electric vehicle initiatives in partnership with Southern Company
WeaveGrid, a leading software provider whose products help enable accelerated electric vehicle (EV) adoption on the electric grid, announced a partnership with Southern Company to launch an innovative program for EV owners in the Alabama Power service footprint.
Condoit Closes $4.25 Million Seed Round led by The Westly Group
Westly Group is excited to announce our investment in Condoit's $4.25 million funding round. This capital will enable Condoit to develop advanced software solutions for electricians, enhancing efficiency and innovation in the industry.
Westly Group Leads $5.1M Seed Round for Diagon
Westly Group proudly announces leading a $5.1 million seed funding round for Diagon. This investment will help Diagon build cutting-edge factories in North America, enhancing their production and innovation capabilities.
RapidSOS Closes $150M Fundraise Led by BlackRock
RapidSOS closed an $150M Series C fundraising round led by BlackRock. Since it's inception, RapidSOS has partnered with thousands of emergency service providers, becoming the go-to platform for intelligent safety and data connection.
WeaveGrid Partners with Toyota to Empower EV Drivers
WeaveGrid, whose managed charging platform enables rapid EV adoption on the grid, today announced a collaboration for direct integration with Toyota Motor North America. Congrats to the WeaveGrid team!
Hardware is Hard: Why We’re Excited About Hardware Engineering
The U.S. is in the early innings of a manufacturing boom, requiring more engineers, streamlined production, and design automation. Megan Cain and Michaela Gordon outline key opportunities in software for hardware design.
Apply to Join the Westly Group – 2024 Summer Associate
Join the Westly Group team! We're thrilled to be hiring a Summer Associate who will gain broad exposure to investing in early-stage startups across our core focus areas - energy, mobility, industry 4.0, and buildings. Apply by Feb. 18th!
The Golden Age of Clean Energy
With the explosion of the online ecosystem - e-commerce, search engines, AI - data centers are drawing unimaginable amounts of power. Steve Westly discusses this 'Golden Age of Clean Energy' and the solutions needed to keep up.
Clean Hydrogen Production: 100+ Companies Chasing $280B in Subsidies
Clean hydrogen accounts for under 1% of the global market, but hype for this ‘fuel of the future’ is greater than ever. The Westly Group's Nick Albanese dives into the clean hydrogen landscape, highlighting VC/PE trends and companies to watch.
Ampcontrol Joins Geotab Marketplace for AI-Powered EV Fleet Management
The Westly Group is thrilled to share that Ampcontrol has integrated its charging management software with Geotab's leading connected transportation platform. The partnership will help to provide customers with leading edge energy optimization.
Frozen Assets: Is the Cold Chain Startup Landscape Heating Up?
The global cold chain industry is set to surpass $1T by 2030, fueled by early-stage innovation. The Westly Group's Jamie Daudon unpacks this growth, highlighting key players, trends, and challenges in the market.
The Westly Group Releases Its 2022 Annual ESG Report
The Westly Group is excited to announce the release of its 2022 Annual ESG Report, which includes expanded ESG data from GHG emissions measurement to governance practices.
The Westly Group Helps Release Environmental “E” Term Sheet Clause
Together with Leaders for Climate Action and led by the Westly Group's Shaun Chaudhuri, VentureESG has released its proposal for a new standard environmental term sheet clause.
17 Innovators Highlight Investment to Solve Global Water Challenges
The Westly Group has joined forces with our partner, Xylem, and 15 other organizations to pledge a collective investment of $11B in water innovation over the next 5 years.
The Westly Group’s 2023 Climate Tech Trends to Watch
The Westly Group's Megan Cain and Nick Albanese discuss the clean tech trends shaping the world and the startups leading the charge.
Steve Westly Discusses Tesla Outlook Amidst Twitter News (CNBC)
Steve Westly joins CNBC's TechCheck to discuss investor sentiment toward Elon Musk and the Twitter-related considerations facing Tesla shareholders.
The Westly Group Collaborates with Diversity VC to Help Release The Equity Record
The Westly Group worked with Diversity VC to help release the research report, The Equity Record. It highlights the inequity of VC capital allocation to underrepresented populations in the US.
PRI Releases Its Responsible Investment DDQ for Venture Capital LPs
The Westly Group is proud to have taken part in the formation of PRI's DDQ for VC limited partners, which aims to help investors understand and evaluate responsible investment practices.
WeaveGrid Announces $35M Series B Round
Congratulations to WeaveGrid, who announced today that it has raised $35M in Series B funding to continue to support utility and mobility leaders and accelerate the EV transition to the grid.
Dude, Where’s My Charge?
Emily Fritze and Nick Albanese discuss the state of EV charging, key players in the space, and emerging trends poised to impact the market.
Steve Westly on Tesla’s Sector Dominance
Steve Westly sits down with TD Ameritrade's Alex Coffey to discuss Tesla's historic market dominance, growth outlook, and EV competition on the horizon.
Investing in Woltair: The Future of Building Heating and Energy Solutions in Europe
The Westly Group is thrilled to announce its investment in Woltair, a leading European solar energy and heat pump provider that offers end-to-end service for sustainable housing.
Volvo Teams Up with Luminar for Next-Gen Vehicle Safety
Volvo Cars has announced the reveal of its new Volvo EX90 SUV with Luminar lidar technology to usher in the next generation of vehicle safety and autonomy.
WeaveGrid: Powering EV Management of Smart-Charging Programs
WeaveGrid partners with utilities to enable them to tap into telematics for the information they need to manage smart-charging programs.
Circulor Helps Volvo and Tesla Trace Their Supply Chains
Circulor is working with a German consortium to develop standards for a 'battery passport' that will track critical minerals and give batteries a UPC-like "digital identity."
Steve Westly at ONS 2022
Steve Westly discusses the future of electrification at ONS 2022, the world's leading energy conference in Stavanger, Norway.
Steve Westly on Tesla’s Strong Q2 Earnings
Steve Westly joins Bloomberg's Emily Chang to discuss Tesla's quarterly earnings beating analysts' estimates and the company's progress in tackling supply-chain hurdles.
The Westly Group Releases New ESG Commitments and Report
The Westly Group expanded their ESG data collection measuring greenhouse gas (GHG) financed emissions and gender & race/ethnicity metrics across Portcos.
Circulor raises $25M Series B for US expansion
UK startup Circulor, which uses blockchain technology to map supply chains for companies pursuing more sustainable production, raised $25 million.
Climate Tech VCs Urge Federal Leadership for Energy Transition
Emily Fritze and 38 other leading venture partners in climate tech pen a letter to the White House in support of accelerated US investment in the clean energy transition.
Fictiv Secures $100 Million in Funding to Solve Urgent Supply Chain Risks
Fictiv, a leader in high-quality, on-demand manufacturing, today announced the closing of a $100 million Series E funding round.
PRI Case Study: Helping to build diverse teams for the future
Principles for Responsible Investing Case Study looking at diversity initiatives and gender & race/ethnicity data collection at the Westly Group.
Westly Group Announces $300M Fund IV
Read our press release announcing our latest fund focused on the digitization and sustainability of energy, mobility, buildings, industrial technology, and cybersecurity
The Westly Group Raises $300M Fund IV
The Westly Group Raises $300M Fund IV to Invest in the Transformation of Energy, Mobility, and Buildings.
Investing in CyCognito: A Next Generation Platform for Attack Surface Management
External Attack Surface Management — an increasingly important challenge for large enterprises