Investor Type | Firm |
Industries | IT (& TMT) |
Stages | Early |
Investing | United States |
Arpa-E, officially known as the Advanced Research Projects Agency-Energy, is a government agency within the United States Department of Energy that provides funding and support to high-potential, high-impact energy technologies. Their investment thesis revolves around propelling early-stage innovations that demonstrate the capacity to transform the energy landscape but are considered too premature for private-sector investment due to their risk profile. Established in 2009 and headquartered in Washington, D.C., Arpa-E's mandate is to advance the frontiers of energy technology through strategic, mission-driven research and development. The fund focuses on Information Technology and TMT (Technology, Media, and Telecommunications) within the context of energy, aiming to catalyze the growth of energy technologies that can effectively address critical U.S. economic and energy challenges. Arpa-E's approach is to challenge innovators to rethink energy and to foster a culture of innovation that bridges the gap between basic energy research and market adoption. They pursue projects that are capable of achieving significant advancements in the efficiency, reliability, and sustainability of energy generation and usage. By investing in game-changing technologies at their early stages, Arpa-E seeks to create a robust pipeline of revolutionary energy solutions that can be developed and commercialized by the private sector or other entities.