New fund invests in advanced energy systems, materials production, and applied AI powering industrial growth
Voyager Ventures announced a $275 million Fund II to back founders building the foundational technologies powering the next era of economic growth. With this fund, Voyager now manages $475 million across North America and Europe. The firm invests in technologies that modernise the base layer of the economy, spanning energy production and distribution, advanced manufacturing, critical materials, physical AI, and compute.
Investing In Critical Technologies
“We launched Voyager in 2021 to invest early in the foundational technology companies for durable economic growth,” said Sarah Sclarsic, co-founder and general partner at Voyager Ventures. “Today we’re seeing the market validate demand and scale for energy, critical materials, advanced manufacturing, AI for optimising physical systems, among other technologies that are drivers of the global economy. Now, more than ever, companies and countries are recognising that these technologies are critical to creating lasting competitive advantage.”
“We are investing in technology companies that create systemic stability in an increasingly volatile world,” said Sierra Peterson, co-founder and general partner at Voyager Ventures. “The economy of the past was built on finite fuels and brittle processes that will continue to hamper prosperity until we transcend them. We’re investing in technology that simply performs better.
Funding A Range Of Sectors
Voyager Ventures’ Fund II invests across these sectors:
- Energy + Efficiency: Technologies that generate, store, and use energy more efficiently, expanding capacity while strengthening resilience and reducing cost
- Materials Production: Technologies that enable core materials to be produced with speed, precision, and greater efficiency – domestically and at scale
- Software + AI: Software companies that layer intelligence onto the physical world, unlocking gains in efficiency, uptime, and operational precision across energy, logistics, and manufacturing
- Mobility: The delivery of high-performance mobility across air, land, sea, and the data layers in between
- Built Environment: Software and hardware that optimise how long-lived facilities and assets are designed, built, and run
- Carbon Management: Software and hardware that manage and use carbon as a valuable industrial input
Sarah Sclarsic and Sierra Peterson together bring more than 30 years of experience building and operating companies and creating policy across energy, advanced materials, and mobility. Sarah conducted research in synthetic biology at MIT and helped build Modern Meadow, the world’s first company making bio-fabricated leather, as part of its founding team, and co-founded sustainable transportation unicorn Getaround.
Sierra designed carbon markets at the International Energy Agency, shaped energy and industrial policy in the Obama White House, and later led corporate development teams for fintech companies that financed more than $3 billion in energy projects across North America.
Voyager’s portfolio includes Allie, Anthro Energy, Arbor Energy, and Astro Mechanica. Fund II has already begun investing, including in ENAPI, Leeta Materials, and Electroflow Technologies, with additional investments to be announced.
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