Homecoming Capital Energy Transition Fund Grant

About this grant

Homecoming Capital is a mission-aligned investment firm founded in 2019 that focuses on the energy transition. The firm invests at the frontier of decarbonization with the dual objective of accelerating the shift to a zero-emission economy and generating attractive financial returns. Homecoming pursues investments in zero-emission infrastructure and durable business models that enable real asset deployment across the energy transition landscape. The firm's investment focus spans four major sectors: Transportation (including medium- and heavy-duty EVs, charging infrastructure, port and maritime electrification, and EV charging services), Power (onshore and offshore wind, solar and batteries, utility transition, grid products and services), Industrials (process electrification, thermal storage, green hydrogen, and recycling), and Buildings (heat pumps, thermal energy networks, distributed energy resources, and energy efficiency). Homecoming Capital supports both early-stage platforms seeking to grow and established businesses evolving across new customers, markets, and technologies. The firm seeks to be either the first institutional capital behind a novel platform or the first mission-aligned capital behind an established business's energy transition. They take a hands-on, long-term partnership approach, providing flexible capital and strategic guidance to experienced leadership teams.

Eligibility

Applicants should be companies operating in the energy transition space, specifically within transportation electrification, power (wind, solar, batteries, grid), industrials (electrification, hydrogen, recycling), or buildings (heat pumps, distributed energy resources, energy efficiency). The firm considers both early-stage platforms and established businesses undergoing transformation. Leadership teams should be pragmatic, ambitious, and experienced. The firm looks for businesses with favorable unit economics and competitive moats. There is no explicit geographic restriction stated, though the portfolio examples suggest a U.S. and international focus.

How it's scored

Homecoming Capital evaluates investments against four guiding questions: whether the solution will decarbonize the economy through favorable unit economics and competitive moats; whether Homecoming's capital makes a meaningful difference (i.e., as first institutional or first mission-aligned capital); whether the platform has experienced and pragmatic leadership that welcomes a hands-on investment partner; and whether the partnership will be durable, grounded in trust, alignment, and a shared long-term vision.

Key requirements

• ✓Zero-emission infrastructure platform or business undergoing energy transition
• ✓Operations across transportation, power, industrials, or buildings sectors
• ✓Seeking institutional capital (early-stage) or development/asset financing (established)

Recent past awardees

Knowing who's won the last rounds tells you whether you're in the strike zone.

• Fjord1
• Clean Energy Terminals
• Forum Mobility

Frequently asked questions

Who can apply for Homecoming Capital Energy Transition Fund?

Eligibility covers organisations in GLOBAL; startup, sme, large-company. See the eligibility criteria above for the full conditions.

Relevant sectors

About this sector

Renewable energy funding covers solar, wind, hydropower, geothermal and bioenergy, from early research to grid-scale deployment. Public money tends to back demonstration, grid connection and access to energy in emerging markets, while procurement notices buy installation, operation and maintenance. Calls often ask for proof of resource assessment, permitting progress and local partners.