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Connecticut Green Bank

North America, Connecticut, United States, Rocky Hill

Description

Connecticut Green Bank is accelerating the growth of green energy for home and building owners across Connecticut.

Investor Profile

Connecticut Green Bank has backed more than 6 startups, with 1 new investments in the last 12 months alone. The firm has led 1 rounds, about 17% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Debt Financing, Post Ipo Debt, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Energy, Renewable Energy, Fuel.

Stage Focus

  • Debt Financing (50%)
  • Post Ipo Debt (33%)
  • Series Unknown (17%)

Country Focus

  • United States (100%)

Industry Focus

  • Energy
  • Renewable Energy
  • Fuel
  • Manufacturing
  • Clean Energy
  • Energy Efficiency
  • Energy Management
  • Software
  • Greentech
  • Solar
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Connecticut Green Bank frequently co-invest with?

Nexus Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 1
Inclusive Prosperity Capital
North America, Connecticut, United States, Rocky Hill
Co-Investments: 1
CTNext
North America, Connecticut, United States, Rocky Hill
Co-Investments: 1
Liberty Bank
North America, Connecticut, United States, Middletown
Co-Investments: 1
Cimbria Capital
North America, Texas, United States, Houston
Co-Investments: 1
ImpactAssets
North America, Maryland, United States, Bethesda
Co-Investments: 1
Amalgamated Bank
North America, New York, United States, New York
Co-Investments: 1
CI
Europe, Veneto, Italy, Verona
Co-Investments: 1
MI
North America, Massachusetts, United States, Springfield
Co-Investments: 1

What are some of recent deals done by Connecticut Green Bank?

Scale Microgrids

Ridgewood, New Jersey, United States

Scale Microgrids is a distributed clean energy and microgrid platform.

Clean EnergyEnergyRenewable Energy
Debt FinancingJun 12, 2025
Amount Raised: $275,000,000
FuelCell Energy

Danbury, Connecticut, United States

FuelCell Energy is an integrated fuel cell company that designs, manufactures, installs, services and operates

EnergyFuelManufacturingRenewable Energy
Post Ipo DebtApr 29, 2024
Amount Raised: $13,000,000
PosiGen

Metairie, Louisiana, United States

PosiGen is on a mission to make solar affordable and easy to access for homeowners.

Clean EnergyEnergyGreenTechRenewable EnergySolar
Debt FinancingAug 15, 2023
Amount Raised: $12,000,000
FuelCell Energy

Danbury, Connecticut, United States

FuelCell Energy is an integrated fuel cell company that designs, manufactures, installs, services and operates

EnergyFuelManufacturingRenewable Energy
Post Ipo DebtMay 25, 2023
Amount Raised: $87,000,000
Clean Crop Technologies

Holyoke, Massachusetts, United States

Clean Crop Technologies specializes in advanced treatments for foods and seeds, effectively reducing mold, pathogens, and bacteria.

AgTechCleanTechFarmingFood ProcessingQuality AssuranceWaste Management
Series UnknownFeb 10, 2023
Budderfly

Shelton, Connecticut, United States

Budderfly is an energy management company with devices that measure and report on all elements of energy use.

EnergyEnergy EfficiencyEnergy ManagementSoftware
Debt FinancingJun 28, 2022
Amount Raised: $5,000,000