HBJ - Houston venture firm VC Fuel raising $600M for energy transition investments

June 17, 2021 – Houston Business Journal

Houston venture firm VC Fuel raising $600M for energy transition investments

By: Chris Mathews

The Houston-based firm aims to provide venture capital funding to early-stage companies and to finance infrastructure development.

VC Fuel has made four investments so far, including in Florida-based organic vertical farming company Hardee Fresh. VC Fuel has made multiple investments into Hardee Fresh, including leading an investment round, said Hardee Fresh President Halton Peters. Peters also serves as a senior adviser to VC Fuel.

In addition to Atwan and Peters, the VC Fuel team includes senior adviser Charles "Chuck" McConnell, formerly assistant secretary for fossil energy for the U.S. Department of Energy from 2011 to 2013. Neil Bush, the son of former President George H.W. Bush and the brother of former President George W. Bush, and Houston energy executive and consultant Rusty Braziel also serve as a senior advisers to VC Fuel. Additional team members are coming on board at VC Fuel in the coming months, Atwan said.

Read the full article here: https://www.bizjournals.com/houston/news/2021/06/17/vc-fuel-energy-transition-infrastructure-invest.html