Conduit Ventures

Conduit Ventures, established in 2001 and headquartered in London, is a venture capital firm focused on the energy sector, particularly high-efficiency energy storage and generation solutions. The firm operates globally with additional offices in Kuwait and Shanghai. They prioritize investments in technologies that promote the transition to low-carbon energy, working with companies that offer innovative alternatives to traditional energy sources​. Notable investments by Conduit Ventures include Ballard Power Systems, a leading manufacturer of hydrogen fuel cells; Blue World Technologies, which specializes in methanol-based fuel cells; and SFC Energy, known for its direct methanol fuel cells​ (Tracxn)​. They have also invested in Protonex, a developer of PEM-based fuel cell technologies, and Hydrexia, which provides solid-state hydrogen storage solutions. Conduit Ventures has a history of successful exits, including companies like Amminex Emissions Technology, Protonex Technology Corporation, and Heliocentris​​. The firm is led by founder and CEO John Butt and focuses on both early and growth-stage investments, with a strong emphasis on sustainability and impact investing.