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New Energy Nexus

Funding and accelerators for clean energy

Overview

New Energy Nexus coordinates a global ecosystem of funds and accelerators that support diverse clean energy entrepreneurs from early ideas to market adoption. It builds regionally tailored programs and runs accelerator services, provides capital, mentorship, skills training, and networks to help clean energy startups thrive. Programs are designed to fit local needs, combining financing, coaching, and connections to unlock resources at the right time. This approach distinguishes it through its large, multi-country network and its focus on broad inclusion of entrepreneurs across regions, not just one market. The goal is to empower 100,000 entrepreneurs by 2030 and bring 100% clean energy to 100% of the population as fast as possible.

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About New Energy Nexus

Simplify's Rating
Why New Energy Nexus is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

ConsultingEnergy

Company Size

N/A

Company Stage

N/A

Total Funding

$74.7M

Headquarters

Berkeley, CA

Founded

2004

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Simplify's take

What believers are saying

  • 2025 Impact Report says 1,793 startups mobilized US$5.44 billion and created 8,600 jobs.
  • NEX Ventures targets a US$100M+ fund for early-stage Southeast Asian climate tech.
  • Hub71+ ClimateTech and CLIP Pakistan expand NEX into Abu Dhabi and Pakistan in 2025.

What critics are saying

  • USAID's collapse threatens the proposed US$400 million DFC facility in India and Kenya.
  • If US or philanthropic capital tightens, NEX loses the grants that finance staff.
  • China, Pakistan, and Australia programs hinge on local partners; partner exits break market access.

What makes New Energy Nexus unique

  • NEX Bridge in Shanghai links founders, suppliers, investors, and global markets under one platform.
  • The Asan Nanum Foundation partnership backed 15 South Korean climate startups on May 6, 2026.
  • Supercharge Australia spans innovation and incubation across batteries, minerals, manufacturing, deployment, and recycling.

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Funding

Total Funding

$74.7M

Above

Industry Average

Funded Over

0 Rounds

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Paid Vacation
  • Paid Holidays
  • Remote Work Options

Company News

Antlers American
Sep 24th, 2026
South 8 launches US production of extreme cold lithium-ion batteries with $9.2M grant

South 8 Technologies has begun volume production of extreme cold weather lithium-ion batteries at its San Diego facility following a $9.2 million PowerForward grant agreement. The company's new semi-automated manufacturing line is now operational, targeting 5 MWh of annual cylindrical cell production by 2027. The facility produces South 8's ARCTIC AE35 18650 cells, which use proprietary LiGas liquefied gas electrolyte enabling operation from −60 °C to +60 °C. Initial production serves defence customers including 3ME Technology and Galvion for cold weather applications. South 8 has established supplier agreements for key materials to build a supply chain avoiding foreign entities of concern. Both cells and electrolyte are manufactured domestically to support National Defence Authorisation Act sourcing requirements. The expansion supports applications including unmanned systems, communications equipment and soldier power systems requiring reliable performance in extreme environments.

Business Wire
Apr 3rd, 2026
South 8 Technologies Executes $9.2M PowerForward Grant Agreement to Expand Advanced Battery Manufacturing in San Diego

South 8 Technologies (South 8), a California-based advanced battery company, today announced the execution of a funding agreement under the PowerForward Batt...

Digital Pakistan
May 2nd, 2025
Nexus and Renewables First Unite to Boost Pakistan's Climate Tech

Renewables First, a prominent Pakistani think tank focused on energy and the environment, has partnered with New Energy Nexus, a global nonprofit supporting clean energy entrepreneurs, to launch Climate Innovation Pakistan (CLIP).

Bloom Pakistan
May 1st, 2025
Renewables First Joins Forces with New Energy Nexus to Boost Climate Tech

Islamabad, May 1, 2025: As climate risks intensify worldwide, Renewables First and New Energy Nexus have partnered to introduce Climate Innovation Pakistan (CLIP) - the country's first national platform devoted to accelerating local climate technology solutions.

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