CVC/FOF  DTE Energy Ventures

     Office Locations:

414 S. Main Street, Suite 600
Ann Arbor, MI 48104
Phone: 734-302-5309



  • Early



  • Energy & Clean Tech



    DTE Energy Ventures is the corporate venturing arm of DTE Energy Company. With over a decade of investing experience, DTE Energy Ventures is at the forefront of emerging energy technologies. DTE targets companies in the following sectors: Renewable Energy (Solar, wind, biomass, biofuels, hydro); Energy Efficiency / Environmental (SmartGrid, green building, LED, carbon capture, waste to energy); and Energy Storage (Advanced battery solutions, plug-in hybrid electric vehicles, flywheels). DTE Energy Ventures focuses its investments on post-angel investment companies. Typically, companies that meet its criteria have previously raised start-up or seed funding, developed an initial prototype of their technology and begun to fill out their management team. The preferred initial investment is $2,000,000 to $5,000,000, with an ideal total investment of $5,000,000 to $15,000,000, in stages as milestones are met. DTE also makes investments in other Venture Capital funds, including Arete, EnerTech, and Wind Point Partners. To date, DTE has invested over $100 million in energy-related companies and funds, making it one of the largest Michigan-based venture capital operations.

    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B

    Investment Team:

    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Ganesh Ananthasubramaniam Vice President
    Gunyan (Mark) Zhu Investment Manager
    Jeff Crusey Investment Manager
    Knut Simonsen Senior Vice President


    Portfolio companies include:

      A123 Systems
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      Novus Energy Partners
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      Perfect Commerce
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      QD Vision
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