Ultra Capital

Ultra Capital is a venture capital firm accelerating the transition to sustainable infrastructure by providing equity and growth capital to businesses with a track record of deploying proven solutions. The fund focuses on renewable energy, distributed generation, battery storage, EV charging, and fleet electrification. Ultra Capital invests in execution-oriented companies, filling a market gap for management teams that deliver scalable, impactful solutions. Their notable investments include EnviroSpark, which provides EV charging infrastructure, Aspen Power’s distributed solar solutions, and Palladium Energy, a solar and storage development firm. Ultra Capital's investments generally range below $50 million, with a hands-on approach to ensure long-term success. The team brings extensive operational experience, having previously worked as developers, operators, and financiers of energy and infrastructure assets. The firm is based in Philadelphia, and its team, led by key partners such as Kristian Hanelt, Tom Ferraro, and Mike Reynolds, has a collective 40 years of expertise in sustainable infrastructure finance and development. They provide capital not only for growth but also for specific asset deployment, ensuring that companies in their portfolio receive comprehensive support to scale. Entrepreneurs seeking investment from Ultra Capital should have a demonstrated ability to deploy practical, clean-tech solutions at scale. The firm values strong, execution-oriented management teams and offers strategic guidance and financial backing to take companies through key growth stages, partnering closely with founders to access deeper capital pools and strategic partnerships.