David Danielson
Managing Director at Breakthrough Energy Ventures
Bethesda, Maryland
Overview
Work Experience
Partner
2017 - Current
Investor in: KoBold Metals (AI-enabled mineral discovery), Redwood Materials (sustainable Li-ion battery supply chain), Fervo Energy (scalable geothermal), Form Energy (long duration grid storage), Electric Hydrogen (low cost hydrogen), M2X Energy (sustainable fuels from stranded biogas resources), Lilac Solutions (lithium production), Electra (carbon-free steel), Mill Industries (food waste), Equilibrium Energy (digital native power company), QuantumScape (NYSE: QS) (batteries)
Investor
2018
KoBold Metals is an AI-powered critical mineral startup that discovers essential materials for electric vehicles and renewable energy.
Raised $898,955,627.00 from Bond, Equinor Ventures, Earthshot Ventures, T. Rowe Price, Andreessen Horowitz, July Fund, BHP Ventures, Breakthrough Energy Ventures, Mitsubishi Corporation and John Zimmer.
Investor
2020
Redwood Materials is a battery recycling startup that makes electric vehicles and sustainable materials for circular supply chains.
Raised $3,817,000,000.00 from T. Rowe Price, Goldman Sachs Asset Management, Future Positive, Deepwater Asset Management, Microsoft Climate Innovation Fund, Capricorn Investment Group and Caterpillar.
Investor
2018
Form Energy develops and commercializes low-cost battery systems to support renewable electric grids.
Raised $1,517,765,461.00 from Capricorn Investment Group, GE Vernova, Gigascale Capital, TPG Rise Climate Fund, T. Rowe Price, Breakthrough Energy Ventures, Temasek Holdings, NGP Energy Technology Partners, Energy Impact Partners and GIC.
Investor
2018
Fervo Energy develops clean energy technology to generate carbon-free energy from geothermal systems.
Raised $531,000,000.00 from DCVC, Capricorn Investment Group and Congruent Ventures.
Investor
2021
Electric Hydrogen develops electrolyzer technologies to enable abundant, low-cost, and clean hydrogen to replace fossil fuels.
Raised $798,300,000.00 from Hercules Capital, Stifel Venture Banking and Lending Group, JP Morgan, HSBC and Trinity Capital.
Investor
2023
M2X Energy is a scalable methane conversion technology company that provides automated gas-to-product systems for methane conversion.
Raised $64,000,000.00 from Conifer Infrastructure Partners, Eni Next, AddVentures, Breakthrough Energy Ventures and Autodesk Foundation.
Investor
2020
Electra is decarbonizing ironmaking for green steel production using intermittent renewable energy and low-grade iron ores.
Raised $113,505,996.00 from BloombergNEF.
Investor
2020
Mill offers a kitchen bin that dries, shrinks, and de-stinks leftover food, eliminating food waste.
Raised $70,378,750.00 from Gigascale Capital, Breakthrough Energy Ventures, Springdale Ventures, Bradley Horowitz, Energy Impact Partners, Prelude Ventures, MarketX Ventures, Lowercarbon Capital, Buckhill Capital LP and Google Ventures.
Investor
2024
Molten Industries develops clean technology with the goal of decarbonizing the hydrogen market.
Raised $27,000,000.00 from Steelhead Capital Management, Moai Capital, Breakthrough Energy Ventures, J4.Ventures, Jane Woodward, Fifty Years, Mark Heising, Peter Attia, Union Square Ventures and UVC Partners.