Ravi Mulugu

Venture Capital Investor - Investing in Electrification & Decarbonization

📍 San Francisco Bay Area, United States🔄 Updated September 2026💼 13 investments📅 14 years investing🗓 Last invested Feb 2026𝕏 @upgrade_to_unlock
VC🌍 United StatesInvested this year
13
Total investments
2
Early stage
5
Mid stage
5
Late stage
14y
Years active

Portfolio

12 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Investor, Emerald AI
Feb 2026
Emerald AI transforms energy-intensive data centers into AI-powered grid allies. The Emerald AI Conductor platform enables AI data centers to flexibly adjust their power consumption from the electricity grid on demand, orchestrating the computing loads of inference, training, and fine-tuning AI models across a network of data centers to bolster the power grid’s reliability while meeting strict compute performance standards. Flexibility could unlock up to 100 GW, or more than a decade of U.S. AI data center growth and trillions in AI investment, without enormous investments in electric grids or power plants—advancing innovation and competitiveness, ensuring power affordability for communities across the country, and bolstering the reliability of the electric power system.
Board Observer, ThinkLabs AI
Aug 2025
ThinkLabs AI is a specialized AI development and deployment company. Our mission is to empower critical industries and infrastructure with trustworthy AI towards global energy sustainability. Our flagship product, ThinkLabs Copilot, is a digital assistant that understands the real world with proprietary physics-informed AI digital twins that provide a foundation model for engineering systems. For more information on ThinkLabs AI visit thinklabs.ai.
early stageUtilities
Investor, AirJoule
Mar 2025
AirJoule is a leader in the global sustainability transition. Our purpose is freeing the world from its water and energy constraints by delivering groundbreaking sorption technologies. Our revolutionary AirJoule® plaftorm utilizes waste heat from industrial processes (data centers, power generation, manufacturing, etc) to produce pure distilled water from air. AirJoule® can also enable transformative HVAC products to help our customers save money on their energy bills while reducing their environmental impact. The AirJoule® technology platform will help create a more equitable and sustainable future by fundamentally changing how we optimize increasingly scarce energy and water resources to create better quality of life for millions more on the planet.
Investor, Form Energy
Nov 2024
Form Energy is an American company driving innovation in energy technology and manufacturing. Our cost-effective, multi-day energy storage technology is designed to ensure a clean, secure, and reliable electric grid, even during prolonged periods of stress. We are assembling a team of talented and driven individuals to work at our facilities in West Virginia, Pennsylvania, Massachusetts, and California. If you’re eager to make a meaningful impact through your work, while rapidly accelerating your career, take a look at our open roles! Learn more and apply here: www.formenergy.com/careers
late stageManufacturing
Board Observer, Arceo
Jul 2019
Resilience is the cyber risk solution company on a mission to help make the world cyber resilient. Founded in 2016 by experts from across the highest tiers of the US military and intelligence communities, augmented by prominent leaders and innovators from the insurance and technology industries, the privately-held firm is rewriting the rules of how cyber risk is assessed and managed for middle to large market enterprises. Rooted in decades of experience, Resilience helps financial, risk, and information security leaders continuously improve their organizations' cyber resilience by connecting cyber insurance coverage with advanced cybersecurity visibility and a shared plan to reinforce actionable cyber hygiene. Resilience is proud to be backed by leading technology investment firms, including General Catalyst, Lightspeed Venture Partners, Intact Ventures, Founders Fund, CRV, and Shield Capital. With headquarters in San Francisco, Resilience’s team is globally dispersed, with offices in New York, Chicago, Baltimore, Toronto, and London. Resilience offers insurance coverage through its licensed and appointed insurance agency and security services through its expert security team. For more information, visit us at www.cyberresilience.com. Legal Disclaimer: The content we distribute here is provided for informational purposes only, and should not be construed as legal advice on any subject matter. Arceo Labs, Inc. d/b/a Resilience and its subsidiaries and affiliates do not accept any responsibility or liability for any loss which may arise from reliance upon any information, statement, fact, figure, or expression of belief contained in this content. Arceo Labs, Inc. d/b/a Resilience, 55 2nd St Suite 1950, San Francisco, CA 94105. All Rights Reserved.
Board Observer, Brodmann17
Feb 2019
Brodmann17 develops AI that is revolutionizing safety in mobility. The company’s computer-vision-centered technology saves 95% of compute power. This huge saving in cost has brought AI for the very first time to new verticals including mass-market passenger vehicles, video telematics and micro mobility. Brodmann17’s AI is based on deep learning neural networks that extract all possible information from a video to make the entire ADAS software smarter. Brodmann17’s patented perception software is scalable. It is easy to integrate and deploy as it is hardware agnostic and works on any processor from low-power edge to the cloud. Brodmann17 is growing fast and has attracted high-profile technology and automotive industry players - it is backed by Silicon Valley, European and Israeli VCs as well as Samsung, Sony, and Xilinx. The company was founded in 2016 by a group of deep learning, computer vision and edge AI experts who wanted to bring uncompromising AI to the edge and everyday applications. The company is named after Professor Brodmann, who organized the human brain into 52 regions. Area 17 is the primary visual cortex. Over a century later, Brodmann17s’ deep learning scientists have made this research more relevant than ever by creating the digital version of Area 17. Brodmann17’s cutting-edge technology, which delivers state-of-the-art accuracy using only a fraction of cominpute power, is built from the ground up and designed against the industry’s toughest standards for the world’s largest OEMs and Tier-1 automotive suppliers.
Board Observer, RiskSense
Aug 2018
RiskSense®, Inc. provides vulnerability prioritization and management to dynamically control and measure cybersecurity risk. The cloud-based RiskSense platform uses a foundation of risk-based scoring and technology-accelerated pen testing to identify your critical security weaknesses with corresponding remediation action plans, dramatically improving security and IT team efficiency and effectiveness. The company delivers a fully-informed picture of group, department, and organizational cybersecurity risk with our credit-like RiskSense Security Score (RS3). The RiskSense platform continuously correlates customer infrastructure with comprehensive internal and external vulnerability data, threat intelligence, human pen test findings, and business asset criticality to measure risk, provide early warning of weaponization, predict attacks, and prioritize remediation activities to achieve security risk goals. By leveraging RiskSense threat and vulnerability management solutions, organizations significantly shorten time-to-remediation, increase operational efficiency, strengthen their security programs, heighten response readiness, lower costs, and ultimately reduce attack surface and minimize cyber risks. For more information, visit www.risksense.com or follow us on Twitter at @RiskSense.
Board Observer, Voltaiq
Jun 2018
For top automakers, consumer electronics and energy storage companies, Voltaiq’s Enterprise Battery Intelligence software platform ensures the safety of new products and accelerates the transformational shift in how we use our devices, power our vehicles and balance the electric grid — the new internet of energy. Voltaiq is now partnering with leading finance organizations, providing the battery intelligence to unlock capital and accelerate the global transformation to an electrified economy.
Board Observer, Geli
2016
Geli, which stands for Growing Energy Labs, Inc., provides software and business solutions to design, automate, and manage energy storage systems. Geli’s suite of products creates an ecosystem where project developers, OEMs, financiers, and project operators can deploy advanced energy projects using a seamless hardware-agnostic software platform. Founded in 2010, Geli’s software actively manages megawatts of projects that are deployed around the world.
Board Observer, Sunverge
2014
This organization is no longer active.
Board Observer, BuildingIQ
2012
BuildingIQ (ASX:BIQ) helps building owners and operators worldwide lower energy use, increase building operations efficiency, and improve occupant comfort. We make this happen through out 5i Platform of technology-enabled services that power a better Internet of Things (IoT) approach for buildings. We have proven to reduce HVAC energy costs and made significant improvements in LEED or NABERS ratings, increased market value, and we help facilities teams operate buildings at lower cost with a higher level of service. BuildingIQ’s technology and service platform is built on the five pillars of data capture analysis, advanced modeling, measurement & verification, closed loop predictive control, and expert human analysis. These five pillars enable our services to deliver an optimize balance of energy savings, operational efficiency, and tenant comfort. Our platform ingests multiple, large and disparate data streams from buildings, meters, and other data sources; it then translates and models, and performs predictive analytics to inform our —and our partners’— services. The 5i Platform’s structured API fuels BuildingIQ services as well as those from our technology partners. Over time, the platform leverages machine learning to evolve along with our customers’ buildings. BuildingIQ was spun out from Australia’s National Labs and works closely with the US National Labs. Investors in BuildingIQ include the Venture Capital unit of Siemens Financial Services, Paladin Capital and Exto Partners.
Board Observer, Sensys Networks
2012
OUR VISION To improve the way people travel through cities. OUR MISSION To drive global traffic improvement through accurate detection and actionable data. OUR PASSION As a innovative Smart City technology company, Sensys Networks provides traffic visionaries and implementers with a comprehensive detection and data platform for virtually all traffic management needs. Together with our world class integration partners we enable data-driven decisions to drive efficient, economic and environmental improvements for cities.
Experience · 18 entries
All (18)
Investments (13)
Board (10)
2026
Investor, Emerald AI
Feb 2026
Emerald AI transforms energy-intensive data centers into AI-powered grid allies. The Emerald AI Conductor platform enables AI data centers to flexibly adjust their power consumption from the electricity grid on demand, orchestrating the computing loads of inference, training, and fine-tuning AI models across a network of data centers to bolster the power grid’s reliability while meeting strict compute performance standards. Flexibility could unlock up to 100 GW, or more than a decade of U.S. AI data center growth and trillions in AI investment, without enormous investments in electric grids or power plants—advancing innovation and competitiveness, ensuring power affordability for communities across the country, and bolstering the reliability of the electric power system.
2025
Board Observer, ThinkLabs AI
Aug 2025
ThinkLabs AI is a specialized AI development and deployment company. Our mission is to empower critical industries and infrastructure with trustworthy AI towards global energy sustainability. Our flagship product, ThinkLabs Copilot, is a digital assistant that understands the real world with proprietary physics-informed AI digital twins that provide a foundation model for engineering systems. For more information on ThinkLabs AI visit thinklabs.ai.
early stageUtilities
Investor, AirJoule
Mar 2025
AirJoule is a leader in the global sustainability transition. Our purpose is freeing the world from its water and energy constraints by delivering groundbreaking sorption technologies. Our revolutionary AirJoule® plaftorm utilizes waste heat from industrial processes (data centers, power generation, manufacturing, etc) to produce pure distilled water from air. AirJoule® can also enable transformative HVAC products to help our customers save money on their energy bills while reducing their environmental impact. The AirJoule® technology platform will help create a more equitable and sustainable future by fundamentally changing how we optimize increasingly scarce energy and water resources to create better quality of life for millions more on the planet.
Partner, GE Vernova Ventures
Jan 2025
GE Vernova is a purpose-built energy technology company on a mission to electrify to thrive and decarbonize the world. It is made up of three businesses -- Power, Electrification, and Wind -- with focus on accelerating the path to more reliable, affordable, and sustainable energy, while helping our customers power economies and deliver the electricity that is vital to health, safety, security, and improved quality of life. The world needs more energy, smarter energy. With energy demand expected to grow by more than 50% in the next 20 years, we are continuously innovating to meet the moment…like we have for the past 130 years. The Energy of Change and relentless optimism are what drive us – it’s about never giving up and seeing what’s possible so that we deliver the energy technologies the world needs right now and for generations to come. GE Vernova’s attitude and edge is embedded in its name. We retain our treasured legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy that GE Vernova will help deliver. Together, we have the energy to change the world.
2024
Investor, Form Energy
Nov 2024
Form Energy is an American company driving innovation in energy technology and manufacturing. Our cost-effective, multi-day energy storage technology is designed to ensure a clean, secure, and reliable electric grid, even during prolonged periods of stress. We are assembling a team of talented and driven individuals to work at our facilities in West Virginia, Pennsylvania, Massachusetts, and California. If you’re eager to make a meaningful impact through your work, while rapidly accelerating your career, take a look at our open roles! Learn more and apply here: www.formenergy.com/careers
late stageManufacturing
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Investment activity
2012–2026 · 13 investments
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