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Key people at New System Ventures.
New System Ventures was founded in 2023 by Ian Samuels (Founder & Managing Partner).
New System Ventures is a venture capital firm investing in hardware and software innovations crucial for the global energy transition. It employs systems-level research to identify strategic inflection points across value chains, advancing energy security, reindustrialization, and innovation within mobility, energy, and industrial sectors. This approach aims to de-risk and scale transformative economic technologies.
Established in 2023 by Ian Samuels, New System Ventures arose from his two decades of experience in energy and climate finance and policy. Samuels, an experienced investor, founded the firm to back promising teams from inception through Series B. His vision was to apply a rigorous, systems-level investment approach accelerating climate solutions.
New System Ventures provides portfolio companies with capitalization, strategic partnerships, and policy expertise, accelerating market entry and expansion. The firm's long-term vision is to facilitate global economic transformation, fostering a more abundant, sustainable future through scaled climate technology adoption. Selectively, they co-create new ventures with founders.
New System Ventures was founded in 2023 by Ian Samuels (Founder & Managing Partner).
Key people at New System Ventures.
New System Ventures has 3 tracked investments across 3 companies. The latest tracked deal is $3.3M Seed in Pearl Edison in August 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 1, 2025 | Pearl Edison | $3.3M Seed | Commonweal Ventures, NEW System Ventures | Lightbank, Newlab |
| Sep 23, 2024 | MetOx Technologies | $25.0M Series B Extension | NEW System Ventures | — |
| Mar 22, 2024 | Eli | $6.8M Seed | Lowercarbon Capital, Spero Ventures | Leap Forward Ventures, Looking Glass Capital, Rally CAP Ventures, Untapped Capital |