Last updated 2026-07-20
Portfolio
0
in our dataset
Rounds participated
0
Rounds led
0
Rounds' value
—
total disclosed, rounds participated
Stages
B Round, A Round, Pre-Seed, Seed
About
Ormat New Ventures is the strategic corporate venture capital platform of Ormat Technologies, established to support Ormat's long-term growth strategy by investing in early-stage energy and climate technology companies. The company focuses on hardware- and systems-based technologies that can be integrated into operating energy infrastructure or enable the development of new projects. Their investment themes include novel geothermal technologies, clean energy (solar, nuclear, heat-based generation), and energy storage. Ormat New Ventures aims to transform ambitious climate-tech ideas into tangible, scalable businesses, fostering innovations crucial for addressing climate change.
Portfolio
No portfolio companies in this dataset yet.
Investment activity
Portfolio by sector
Energy Tech3
Q&A
- What is Ormat New Ventures' primary investment focus?
- Ormat New Ventures, the venture capital arm of Ormat Technologies, focuses on climate-tech hardware technologies. This includes novel geothermal solutions, next-generation renewables, long-duration energy storage, heat pumps and engines, and nuclear energy innovations.
- When was Ormat New Ventures founded?
- Ormat New Ventures was founded in 2023.
- Which investment stages does Ormat New Ventures typically participate in?
- Ormat New Ventures invests across Pre-Seed, Seed, A Round, and B Round stages.
- Can you name some of Ormat New Ventures' portfolio companies?
- Ormat New Ventures' portfolio includes LAVA, which develops isothermal engine technology, and RepAir Carbon Capture, a direct air capture solution.
- What is the typical investment range for Ormat New Ventures?
- Ormat New Ventures typically invests between $500K and $5M.
- Who leads the R&D and Venture Investments at Ormat New Ventures?
- Anton Fiterman serves as the VP R&D and Venture Investments at Ormat New Ventures.
- What is Ormat New Ventures' most recent investment?
- Ormat New Ventures participated in TerraWave Energy's Seed round, which raised $5.05M in April 2025. TerraWave Energy focuses on electromagnetic drilling technology for geothermal energy.
- What is the total amount raised by portfolio company LAVA?
- LAVA, a portfolio company of Ormat New Ventures, has raised $35.1M in its Seed round.
- What is the total amount raised by portfolio company RepAir Carbon Capture?
- RepAir Carbon Capture, a portfolio company of Ormat New Ventures, has raised $29.5M in its A Round.
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | ormat.vc/ |
|---|
Identifiers & details
| Founded | 2023-6 |
|---|
Radar intelligence
Open jobs — smartrecruiters
| Total open | 13 |
|---|---|
| Remote | 0 |
| By department | Brady (2), General Office (1), Human Resources (1), Engineering (2), Finance (2) |
| By location | Reno, NV, us (8), Philadelphia, PA, us (2), Reno, Nevada, us (1), Austin, NV, us (2) |
| Title | Location | Department |
|---|---|---|
| HR -Test - Template | Reno, NV, us | |
| HR -Test - Template | Reno, NV, us | |
| VESI Test 2 | Philadelphia, PA, us | |
| Muffin Baker Test | Reno, NV, us | |
| Cindy-Test | Reno, NV, us | |
| Cindy-Test | Reno, NV, us | Brady |
| Cindy-Test | Reno, Nevada, us | General Office |
| Marcy Test | Austin, NV, us | Brady |
| Test Template 2 | Reno, NV, us | Human Resources |
| General Template-Scorecard | Reno, NV, us | Engineering |
| Test Template 2 | Reno, NV, us | Finance |
| Financial Analyst | Philadelphia, PA, us | Finance |
Certificate / subdomain footprint
| Subdomains | 2 |
|---|