Constellation Technology Ventures

Constellation Technology Ventures (CTV) serves as the strategic venture capital arm of Exelon Corporation, a leading energy company in the United States. Established in 2008, CTV's primary mission is to identify, invest in, and foster emerging technologies that align with Exelon's core business objectives, focusing on enhancing energy delivery, improving customer experience, and promoting environmental sustainability. The fund strategically targets innovations across the energy value chain, including smart grid solutions, renewable energy technologies, advanced energy storage, cybersecurity for critical infrastructure, and customer-facing energy management platforms.

CTV operates as a corporate venture fund, meaning its investments are not solely driven by financial returns but also by the strategic value and potential for collaboration with Exelon's vast operational footprint. This approach allows CTV to provide portfolio companies with not only capital but also access to Exelon's extensive industry expertise, customer base, and infrastructure for piloting and scaling new technologies. As of 2017, Constellation Technology Ventures had invested over $200 million across more than two dozen companies, demonstrating a significant commitment to fostering innovation within the energy sector.

The venture arm typically engages with companies in their early to growth stages, often participating in Series A and Series B funding rounds. Their investment strategy is designed to support technologies that can drive efficiency, resilience, and decarbonization in the energy landscape. With a portfolio that has grown to include over 30 companies, CTV continues to be an active and influential investor, leveraging its parent company's resources to accelerate the development and deployment of next-generation energy solutions.