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RenewableTech Ventures
Todd Stevens's RenewableTech Ventures funds early-stage cleantech in underserved US and Canadian regions, backing CO2-to-carbon and waste-material startups.
RenewableTech Ventures
RenewableTech Ventures is a Venture Capital firm that invests in Cleantech Startups
General information
Firm type
Venture Capital
Year founded
2010
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Salt Lake City
Corporate office
Salt Lake City, Utah, United States
Additional offices
Vancouver, British Columbia, Canada
Principals
Todd Stevens
Founder and Managing Director
Rose Maizner
Partner
Dal Zemp
Venture Partner
Robert Wood
Venture Partner
Dave Olson
CFO
Robert Pothier
Venture Partner
Sector focus
Frequently asked questions
Who makes investment decisions at RenewableTech Ventures?
Founder and Managing Director Todd Stevens leads investment decisions, supported by Partner Rose Maizner and a team of four Venture Partners. Stevens brings the experience of six prior venture funds and over 100 portfolio companies from his time running EPIC Ventures and the Zions Bank Venture Capital Department.
Does RenewableTech Ventures invest only in clean energy, or does its mandate extend further?
The firm's mandate spans the broader cleantech spectrum, including energy, transportation, advanced materials, manufacturing, infrastructure, and agriculture. Public portfolio companies confirm this breadth: Solid Carbon Products works on CO2 conversion technology; Ashtech produces construction materials from coal waste; and Consolidated Energy Systems develops alternative fuels from petroleum coke.
Where does RenewableTech Ventures source its deal flow from?
The firm concentrates on the Intermountain West and Western Canada — regions it considers underserved by coastal venture capital. Managing Director Todd Stevens draws on his network from the University of Utah's Technology Commercialization Advisory Board and Lassonde Center Advisory Board, as well as his prior capital deployment across Utah's technology ecosystem at EPIC Ventures and Zions Bank.
What is the firm's investment stage and average check size?
RenewableTech targets early-stage companies, typically seed through Series A. Specific check sizes are not publicly disclosed, though the firm characterizes its typical investment as first institutional capital into hard-science startups. The firm's model emphasizes active board participation and leveraging its international network of industry contacts and co-investors to support portfolio companies post-investment.
How is RenewableTech Ventures different from generalist venture firms that also invest in climate?
RenewableTech applies an explicit geographic filter, deliberately competing in regions with thin venture coverage rather than in saturated coastal hubs. Its team has 80 years of combined venture capital, clean-tech, and entrepreneurial experience, and the portfolio skews toward physical-plant innovation — CO2 converters, alternative wallboard, petroleum-coke fuel — rather than software-only climate plays.
Does RenewableTech Ventures co-invest with other firms?
The firm states that it provides its portfolio companies access to an international network of co-investors, indicating a willingness to syndicate deals. Specific co-investment partners or structures are not disclosed publicly, but the firm's model of leading early-stage rounds in underserved markets suggests it frequently brings in follow-on capital from larger climate and infrastructure funds.
Is RenewableTech Ventures affiliated with any philanthropic foundations or operating entities?
No philanthropic foundations or for-profit operating subsidiaries are publicly associated with the firm. Partner Rose Maizner co-founded Womenpreneurs, a professional collective focused on female entrepreneurship, but this appears separate from the firm's investment operations.
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