AAA Pascucci seeks new pastures with new fund

Pascucci seeks new pastures with new fund

Corporate venturing veteran Victor Pascucci has set up a strategic venture capital firm dubbed Energy Capital Ventures (ECV) that will concentrate on the power and energy utility industry.

Pascucci is managing partner at ECV, which will invest in clean, intelligent, mobile and distributed energy technology developers at series A to C stage, as the energy industry continues to deal with changes around power generation and distribution.

The formation of ECV comes after three years as managing partner for VC firm Lightbank, a role that followed nearly a decade in corporate VC at financial services provider USAA until 2015, 11 months at VC consultancy Attracion Ventures and eight months as a partner at Munich Re Ventures, part of reinsurer Munich Re.

Pascucci retains board seats at identity verification technology provider ID.me – also a USAA portfolio company – and energy advisory firm CX Energy.

Photo of Victor Pascucci courtesy of Twitter.

By James Mawson

James Mawson is founder and chief executive of Global Venturing.

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