# Family offices backing Energy (2026 list)

> 22 family offices backing Energy, 91% active in the last 12 months. Led by Hill House Capital, Thrive Capital, Bezos Expeditions. Ranked by what they funded.

Source: https://millionrounds.com/lists/family-offices-energy (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Family offices backing Energy

Updated 7 November 2026

Family offices we have observed in an energy round in the last two years.

[See all 22 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Ffamily-offices-energy)The top 22

**22** investors on the list No change this week

**127** cheques in 12 months *+48%* against the market

**$22M** median round they joined *+175%* against the market median

**91%** wrote a cheque in 12 months

**45%** have led a round

## The Top 22

Ordered by cheques observed, never by anything anyone paid for

Deploying now (20)

- 1 [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) *Deploying now* Family office · Singapore **248** **$60M** median round **Sept 2026** last seen
- 2 [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) *Deploying now* Family office **240** **$50M** median round **Oct 2026** last seen
- 3 [Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions) *Deploying now* Family office · United States **70** **$303M** median round **Oct 2026** last seen
- 4 [Capricorn Investment](https://millionrounds.com/fund/capricorn-investment-group) *Deploying now* Family office · United States **48** **$110M** median round **Nov 2026** last seen
- 5 [Emerson Collective](https://millionrounds.com/fund/emerson-collective) *Deploying now* Family office · United States **27** **$62M** median round **Oct 2026** last seen
- 6 [Kibo Invest](https://millionrounds.com/fund/kibo-invest) *Deploying now* Family office · Singapore **11** **$13M** median round **Oct 2026** last seen
- 7 [Trousdale Ventures](https://millionrounds.com/fund/trousdale-ventures) *Deploying now* Family office · United States **10** **$150M** median round **Feb 2026** last seen
- 8 [PI Impact](https://millionrounds.com/fund/pi-impact) *Deploying now* Family office · Netherlands **5** **$22M** median round **Sept 2026** last seen
- 9 [SPDG](https://millionrounds.com/fund/spdg) *Deploying now* Family office · Belgium **4** **$14M** median round **Nov 2025** last seen
- 10 [Apeiron Investment](https://millionrounds.com/fund/apeiron-investment-group) *Deploying now* Family office · Malta **3** **$17M** median round **Nov 2026** last seen
- 11 [Aurum Impact](https://millionrounds.com/fund/aurum-impact) *Deploying now* Family office · Germany **3** **$17M** median round **Oct 2026** last seen
- 12 [Desai Ventures](https://millionrounds.com/fund/desai-ventures) *Deploying now* Family office · India **3** **$6.5M** median round **Oct 2026** last seen
- 13 [KBW Ventures](https://millionrounds.com/fund/kbw-ventures) *Deploying now* Family office · United Arab Emirates **3** **$1.1M** median round **Oct 2026** last seen
- 14 [Skoll Foundation](https://millionrounds.com/fund/skoll-foundation) *Deploying now* Family office · United States **2** **$20M** median round **Feb 2026** last seen
- 15 [Centaurus Capital LP](https://millionrounds.com/fund/centaurus-capital-lp) *Deploying now* Family office · Hong Kong SAR China **2** **$462M** median round **Dec 2025** last seen
- 16 [Full Vision Capital](https://millionrounds.com/fund/full-vision-capital) *Deploying now* Family office · Hong Kong SAR China **1** **$300M** median round **Mar 2026** last seen
- 17 [MILFAM](https://millionrounds.com/fund/milfam) quiet Family office · United States **1** **$22M** median round **Aug 2025** last seen
- 18 [Susquehanna Sustainable Investments (SSI)](https://millionrounds.com/fund/susquehanna-sustainable-investments) *Deploying now* Family office · United States **1** **$140M** median round **May 2026** last seen
- 19 [Timeless Investments](https://millionrounds.com/fund/timeless-investments) quiet Family office · Netherlands **1** **$12M** median round **Dec 2024** last seen
- 20 [Arjun Sethi's family office](https://millionrounds.com/fund/arjun-sethi-s-family-office) *Deploying now* Family office **1** **$1B** median round **Dec 2025** last seen
- 21 [Excel Industries Family Office](https://millionrounds.com/fund/excel-industries-family-office) *Deploying now* Family office **1** **$11M** median round **Jul 2026** last seen
- 22 [Mankind Pharma Family Office](https://millionrounds.com/fund/mankind-pharma-family-office) *Deploying now* Family office **1** **$11M** median round **Jul 2026** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *Led by* [Capricorn Investment](https://millionrounds.com/fund/capricorn-investment-group)
- **5** Nov **[Uranium Digital](https://millionrounds.com/company/uranium-digital)** Series A · $17M *With* [Apeiron Investment](https://millionrounds.com/fund/apeiron-investment-group)
- **30** Oct **[Fractile](https://millionrounds.com/company/fractile)** Series C · $700M *With* [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2)
- **28** Oct **[Noor Nation](https://millionrounds.com/company/noor-nation)** Seed · $1.1M *With* [KBW Ventures](https://millionrounds.com/fund/kbw-ventures)
- **18** Oct **[Abby Care](https://millionrounds.com/company/abby-care)** Series C · $82M *With* [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2)
- **13** Oct **[Epyr](https://millionrounds.com/company/epyr)** Series A · $17M *With* [Aurum Impact](https://millionrounds.com/fund/aurum-impact)

## Stages This Year

124 rounds

- Series A **19%**
- Venture **17%**
- Series B **11%**
- Series C **10%**
- Other **7%**
- Other **35%**

## What They Backed

Sectors, last 12 months

- AI **48**
- Energy **21**
- Healthcare **13**
- Biotech **12**
- Cleantech **10**
- Big Data & Analytics **9**

## Cheques by Quarter

Led Joined

16 Q1 25

16 Q2 25

28 Q3 25

45 Q4 25

36 Q1 26

35 Q2 26

23 Q3 26

11 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [VC firms backing AI 4,329](https://millionrounds.com/lists/vc-firms-ai)
- [VC firms backing Fintech 1,856](https://millionrounds.com/lists/vc-firms-fintech)
- [VC firms backing Big Data & Analytics 1,248](https://millionrounds.com/lists/vc-firms-big-data)
- [VC firms backing Biotech 1,207](https://millionrounds.com/lists/vc-firms-biotech)
- [VC firms backing Robotics 1,098](https://millionrounds.com/lists/vc-firms-robotics)
- [VC firms backing Construction 1,025](https://millionrounds.com/lists/vc-firms-construction)
- [VC firms backing Energy 998](https://millionrounds.com/lists/vc-firms-energy)
- [PE firms backing AI 956](https://millionrounds.com/lists/pe-firms-ai)
- [VC firms backing Cybersecurity 950](https://millionrounds.com/lists/vc-firms-cybersecurity)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in climate and energy

- Taming the Sun: Innovations to Harness Solar Energy and Power the Planet Varun Sivaram · 2018 4.06 from 510 ratings on Goodreads Climate and energy Innovation About the book How solar could spark a clean-energy transition through transformative innovation--creative financing, revolutionary technologies, and flexible energy systems. Solar energy, once a niche application for a limited market, has become the cheapest and fastest-growing power… On AmazonListen on Audible
- Race for Tomorrow: Survival, Innovation and Profit on the Front Lines of the Climate Crisis Simon Mundy · 2022 4.22 from 207 ratings on Goodreads Climate and energy Innovation Company building About the book In this extraordinary journey through twenty-six countries, Simon Mundy meets the people on the front lines of the climate crisis, showing how the struggle to respond is already reshaping the modern world – shattering communities, shaking up global business, and propelling a… On AmazonListen on Audible
- The Elements of Power: Gadgets, Guns, and the Struggle for a Sustainable Future in the Rare Metal Age David S. Abraham · 2015 4.06 from 264 ratings on Goodreads Climate and energy Company building About the book Our future hinges on a set of rare metals that few of us have even heard of. In this eye-opening book, a natural resource strategist reveals the critical importance of these transformative elements to our technological lifestyle and the consequences of our reliance upon them,… On AmazonListen on Audible
- Scale: The Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life in Organisms, Cities, Economies, and Companies Geoffrey B. West · 2017 4.11 from 5,764 ratings on Goodreads Climate and energy Company building Innovation About the book The former head of the Sante Fe Institute, visionary physicist Geoffrey West is a pioneer in the field of complexity science, the science of emergent systems and networks. The term “complexity” can be misleading, however, because what makes West’s discoveries so beautiful is… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=climate).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about family offices backing Energy

### Who are the most active family offices backing Energy?

By cheques observed, the most active are Hill House Capital, Thrive Capital, Bezos Expeditions, Capricorn Investment and Emerson Collective.

### How many family offices backing Energy are there?

22 are on record. 91% made an investment in the last 12 months and 45% have led a round.

### Which stages do family offices backing Energy back?

Of the rounds with a named stage in the last 12 months, mostly Series A (28%) and Series B (16%).

### How big are the rounds family offices backing Energy join?

The typical (median) round among the leading investors here is $22M.

### Which sectors do family offices backing Energy back most?

In the last 12 months, mostly AI, Energy and Healthcare.

### Which family offices backing Energy lead the most rounds?

Thrive Capital (18 led), Bezos Expeditions (6 led) and Hill House Capital (3 led).

### Where are family offices backing Energy based?

Among the most active, most are based in the United States (7), Singapore (2) and the Netherlands (2).

### What have family offices backing Energy invested in recently?

Recent rounds include Harbinger (Series D+, Nov 2026, with Capricorn Investment), Uranium Digital (Series A, Nov 2026, with Apeiron Investment) and Fractile (Series C, Oct 2026, with Thrive Capital).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
