# Black Coral Capital

> Black Coral Capital is a VC fund backing Energy and Energy Efficiency. See 12 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Boston, United States
- Total investments: 12
- Last investment: Apr 2015
- Lead investor: 33%
- Last updated: Aug 2026
- Website: http://www.blackcoralcapital.com

Black Coral Capital is a fund investing in the alternative energy / cleantech space. The fund can invest in a wide variety of cleantech arenas, both directly and through funds. Black Coral was formed in late 2008 and is presently building out its presence in North America.

## Contacts

5 contacts available for Black Coral Capital. Shizune tracks 1 team members at Black Coral Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/black-coral-capital?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 4 | 33% |
| Energy Efficiency | 3 | 25% |
| Solar | 2 | 17% |
| Industrial Automation | 2 | 17% |
| FinTech | 1 | 8% |

19 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 3 | 25% |
| Series C | 3 | 25% |
| Funding Round | 3 | 25% |
| Series A | 1 | 8% |
| Series D | 1 | 8% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 5 | 42% |
| Canada | 1 | 8% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Christian Zabbal | Managing Partner - Canada | 2 | https://shizune.co/investors/profile/christian-zabbal |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Solantro Semiconductor | Solantro is a leader in module integrated electronic technology for intelligent solar solutions. The company has assembled a team of proven entrepreneurs with deep experience in system architecture, semiconductors, power conversion, RF and distributed communications systems. | $11M |  | Apr 08, 2015 |  |
| Digital Lumens | Digital Lumens is rapidly redefining the lighting industry with intelligent LED lighting systems, service offerings, and strategic partnerships that deliver unmatched energy savings, flexibility, and unique value to commercial and industrial customers. With the industry's first Intelligent LED Lighting System, wirelessly networked andcentrally managed that are proven to reduce customers' lighting-related energy use by up to 90%, Digital Lumens is transforming lighting into a powerful platform for facility-wide insights. Designed for large commercial and industrial customer facilities, Digital Lumens solutions are deployed in thousands of industrial spaces worldwide. | $23M | Series C | Oct 30, 2014 |  |
| Next Step Living | Next Step Living provides home energy evaluations and solutions for individuals and organizations. It offers energy assessment and diagnostics, air sealing and insulation, and multi-family retrofit services. The company also provides customized solutions, such as HVAC repair and replacement, window replacement and installation, solar or geothermalsystems installation, building automation, interior and exterior lighting design, and custom retrofit services.Its sustainability solutions include water efficiency and purification, landscape design and management, and indoor air quality services. The company provides assessment and diagnostic processes to heating and cooling, domestic hot water, and electricity and lighting needs.Next Step Living partners with more than 400 municipalities, civic organizations, contractors, and corporations to deliver energy-efficient and environmental-friendly solutions to its customers. Those solutions include home energy assessments, weatherization work, energy-efficient windows, efficient heating, and cooling solutions, and access to solar solutions.Next Step Living was founded in 2008 by Geoff Chapin and is based in Boston, Massachusetts. | $25M | Series D | Jun 25, 2014 |  |
| Digital Lumens | Digital Lumens is rapidly redefining the lighting industry with intelligent LED lighting systems, service offerings, and strategic partnerships that deliver unmatched energy savings, flexibility, and unique value to commercial and industrial customers. With the industry's first Intelligent LED Lighting System, wirelessly networked andcentrally managed that are proven to reduce customers' lighting-related energy use by up to 90%, Digital Lumens is transforming lighting into a powerful platform for facility-wide insights. Designed for large commercial and industrial customer facilities, Digital Lumens solutions are deployed in thousands of industrial spaces worldwide. | $10M |  | Jan 09, 2013 |  |
| Next Step Living | Next Step Living provides home energy evaluations and solutions for individuals and organizations. It offers energy assessment and diagnostics, air sealing and insulation, and multi-family retrofit services. The company also provides customized solutions, such as HVAC repair and replacement, window replacement and installation, solar or geothermalsystems installation, building automation, interior and exterior lighting design, and custom retrofit services.Its sustainability solutions include water efficiency and purification, landscape design and management, and indoor air quality services. The company provides assessment and diagnostic processes to heating and cooling, domestic hot water, and electricity and lighting needs.Next Step Living partners with more than 400 municipalities, civic organizations, contractors, and corporations to deliver energy-efficient and environmental-friendly solutions to its customers. Those solutions include home energy assessments, weatherization work, energy-efficient windows, efficient heating, and cooling solutions, and access to solar solutions.Next Step Living was founded in 2008 by Geoff Chapin and is based in Boston, Massachusetts. | $18.2M | Series C | Dec 06, 2012 |  |
| Powerit Solutions | Powerit Solutions, LLC provides energy demand response and demand control solutions for industrial and commercial applications. It offers Energy Director, power management system that reduces energy costs by managing demand levels in commercial and industrial applications and Konnekt Wireless I/O for industrial grade wireless l/O forpower management applications. The company serves various industries, including agriculture and food products, commercial and recreational facilities, forest products, mechanical fabrication and manufacturing, petroleum and petrochemical and primary metals fabricators. Powerit Solutions, LLC was founded in 1994 and is headquartered in Seattle, Washington. Powerit Solutions, LLC operates as a subsidiary of Powerit Holdings, Inc. | $5.5M | Series C | Dec 04, 2012 |  |
| Noesis | Noesis is a tech-enabled lending marketplace for financing commercial building improvements. It streamlines the sales and lending processes for its partners and their customers, using its web-based platform for project analysis and providing its tailored financing products for commercial energy projects. Noesis is wholly owned by LeaseQ thesource for instant leasing quotes from leading finance companies, with offices in Austin, Texas and Burlington, Massachusetts. | $14M | Series B | Sep 05, 2012 |  |
| Solantro Semiconductor | Solantro is a leader in module integrated electronic technology for intelligent solar solutions. The company has assembled a team of proven entrepreneurs with deep experience in system architecture, semiconductors, power conversion, RF and distributed communications systems. | $10M | Series A | May 22, 2012 |  |
| OneRoof Energy | OneRoof Energy is a technology-rich solar finance provider that has quickly become one of the nation’s leading sources of affordable solar leasing. At OneRoof Energy, we believe that solar electricity should be affordable to everyone. Through the SolarSelect® financing program, homeowners can convert to clean, affordable solar electricity forlittle or no money down. | $50M | Private Equity | Sep 22, 2011 |  |
| Digital Lumens | Digital Lumens is rapidly redefining the lighting industry with intelligent LED lighting systems, service offerings, and strategic partnerships that deliver unmatched energy savings, flexibility, and unique value to commercial and industrial customers. With the industry's first Intelligent LED Lighting System, wirelessly networked andcentrally managed that are proven to reduce customers' lighting-related energy use by up to 90%, Digital Lumens is transforming lighting into a powerful platform for facility-wide insights. Designed for large commercial and industrial customer facilities, Digital Lumens solutions are deployed in thousands of industrial spaces worldwide. | $10M | Series B | Apr 12, 2011 |  |

10 of 12 investments shown.

## Co-investors
- [Flybridge](https://shizune.co/investors/profile/flybridge-capital) — VC Fund, 3 deals together
- [Stata Venture Partners (SVP)](https://shizune.co/investors/profile/stata-venture-partners) — VC Fund, 3 deals together
- [Clean Energy Venture Group](https://shizune.co/investors/profile/clean-energy-venture-group) — VC Fund, 2 deals together
- [Presidio Ventures](https://shizune.co/investors/profile/presidio-ventures) — VC Fund, 2 deals together
- [VantagePoint Capital Partners](https://shizune.co/investors/profile/vantagepoint-capital-partners) — VC Fund, 2 deals together
- [Aster](https://shizune.co/investors/profile/aster-capital) — VC Fund, 1 deal together

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- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

## FAQ

### What does Black Coral Capital invest in?

Black Coral Capital invests primarily in Energy, Energy Efficiency and Solar startups, most often at Series B and Series C stage. Most of the 12 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Black Coral Capital?

Public channels for Black Coral Capital include the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Black Coral Capital?

The team at Black Coral Capital includes Christian Zabbal (Managing Partner - Canada). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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