Voyager Ventures Closes $275 Million Fund to Drive Innovation in Energy Materials
Published: 12 Mar 2026
Author: Precedence Research
Voyager Ventures has closed a $275 Million Second Fund (Fund II) to invest in Early-Stage Startups.
In January 2026, the early-stage venture capital firm Voyager Ventures announced the closing of its $275 million for its Fund II. The fund is dedicated to investing in early-stage companies across North America and Europe that are developing technologies "foundational to future abundance".
Technological Advancements Drive Investment in the Energy Sector
Investment sectors for the new fund include Materials Production, Energy and Efficiency, Built Environment, Software and AI, Mobility and Carbon Management, with specific technologies including those create, store and utilise energy more effectively, allow core materials to be manufactured with speed, accuracy and better efficiency, unlocking gains in uptime, efficiency and operational precision across logistics, energy and manufacturing to offer high-performance mobility.
According to Towards Chem&Materials, the energy materials market size accounted for USD 2.35 trillion in 2025 and is predicted to increase from USD 2.57 trillion in 2026 to approximately USD 5.69 trillion by 2035, expanding at a CAGR of 9.25% from 2026 to 2035 as investments in grid modernization are rapidly increasing globally.
About Voyager Ventures
Established in 2021 by Sierra Peterson and Sarah Sclarsic, Voyager Ventures launched with an initial focus on early-stage climate technology, investing in solutions for decarbonizing energy, mobility, materials, food, and industrial sectors. The firm targets decarbonization across the built environment, carbon removal, and analytics, driving global sustainability.
Growing Investments Accelerate the Energy Materials Market
- Voyager's investment thesis emphasizes major technological forces driving economic growth, including decentralized energy systems, computational power, and AI-enabled physical systems.
- The firm prioritises technologies that give competitive benefits beyond external impact.
- The fund has already backed ENAPI (EV charging data), Leeta Materials (alloys), and Electroflow Technologies (lithium).
- Grid modernization is driving the demand for conductive materials in emerging regions such as the Asia Pacific.
- An ongoing transition towards battery recycling is on the way, aiming to tackle supply chain constraints and price volatility for crucial minerals such as lithium and cobalt.
- Technologies like iron-air and liquid air storage are transitioning from pilot projects to commercial utility-scale installations.
- Lithium iron phosphate (LFP) and sodium-ion batteries are emerging as cost-effective, safer alternatives to conventional nickel-cobalt chemistries.