DER platform enabling a flexible grid
Voltus works with commercial and industrial customers, as well as distributed energy resource (DER) aggregators, to generate significant savings by shifting energy consumption during times of stress on the grid. The company uses simple, cost and risk-free programs to enable owners of DERs to monetize assets through wholesale energy markets. The Voltus platform empowers the shift towards cleaner distributed energy resources while modernizing the grid to be more flexible and resilient.
The energy transition depends on a technology platform to enroll and orchestrate distributed energy resources across real time energy, capacity, and demand response markets, as DERs enable global electricity grids to decentralize, decarbonize, and digitize, while delivering less expensive, more reliable, and cleaner power. As DER deployments accelerate in the coming years, asset owners and aggregators will seek access to wholesale power markets in order to unlock grid flexibility and better economics, and Voltus is the leading software technology platform monetizing these distributed assets.
Details
Raj Atluru
Managing Partner
Raj has founded three private investment firms focused on sustainability over the last 25 years.
Prior to co-founding Activate, Raj was a founder of Silver Lake Kraftwerk, a private equity fund focused on the energy and resource sectors, and a Managing Director at Draper Fisher Jurvetson (DFJ), where he founded the firm’s cleantech and India investment practices. At DFJ, he was an early investor in visionary founders at Baidu, Skype, Tesla, SpaceX, Solar City, EnerNOC, Box, Athena Healthcare, Redfin, and Ping Identity.
In 2005, Raj co-founded DFJ Element with Activate co-founder David Lincoln – the leading dedicated cleantech firm of its vintage. Raj has served on over 25 public, private, and nonprofit boards, including SolarCity (SCTY), Ping Identity (PING), EnerNOC (ENOC), and Parnassus Funds. He is also the founder of the Spotlight Foundation, which focuses on grants to educational entrepreneurs globally.
Raj holds BS and MS degrees in Environmental Engineering and an MBA from Stanford University.
Eric Meyer
Partner
Eric helps drive the firm’s investment strategy in the energy transition with a focus on distribution generation, demand side flexibility, and the smart grid.
Prior to joining Activate, Eric spent several years investing in public equities while at ValueAct Capital, a $10 billion activist hedge fund, where he covered several sectors including energy and industrials. Eric began his career as a business analyst at McKinsey & Company in their Silicon Valley office.
Eric holds a bachelor’s degree in chemistry from Yale University and an MBA from the Wharton School of the University of Pennsylvania, where he graduated as a Palmer Scholar.
Highlights
of capacity in portfolio - helping to avoid use of peaker power plants across 9 Independent System Operators (ISOs)
in savings to customers to date
