# NewWorld Capital Group LLC

> NewWorld Capital Group LLC is a VC fund backing CleanTech and Solar. See 5 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: New York, United States
- Total investments: 5
- Last investment: Nov 2017
- Lead investor: 60%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/new-world-capital-group
- X (Twitter): https://twitter.com/NewWorldCapital
- Website: http://www.newworldcapital.net

NewWorld Capital Group LLC is a VC fund in New York focused on CleanTech and Solar. NewWorld Capital Group is a private equity firm focused on investments in the environmental opportunities sector.

## Contacts

5 contacts available for NewWorld Capital Group LLC. Shizune tracks 4 team members at NewWorld Capital Group LLC. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/newworld-capital-group-llc?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| CleanTech | 3 | 60% |
| Solar | 2 | 40% |
| Energy | 2 | 40% |
| Clean Energy | 2 | 40% |
| Manufacturing | 2 | 40% |

12 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 3 | 60% |
| Funding Round | 1 | 20% |
| Private Equity | 1 | 20% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Carter Bales | Chairman and Managing Partner | 1 | — |
| Ali Iz | Founding Partner | 0 | — |
| Bob Kennedy | Chief Financial Officer | 0 | — |
| Lou Schick | Founding Partner | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Aquam | Aquam Corp is a world-leading cleantech firm that provides infrastructure support, rehabilitation and diagnostics solutions. We are the first and only company to provide full service inside and outside infrastructure solutions for all markets around the world. For several decades, we have worked with the world’s most prestigious companies to solveproblems for their infrastructure systems and fluid distribution systems. | $26M | Private Equity | Nov 06, 2017 |  |
| PosiGen | PosiGen is a provider of residential renewable energy and energy efficiency solutions. We are a Third Party Ownership company (TPO), which allows us to offer renewable energy systems and energy efficiency retrofits to the people who need it most: Low- to moderate-income homeowners. Our mission is to help these low- to moderate-income individuals,families, and businesses achieve greater fiscal autonomy and energy independence by lowering their utility bills.At its core, PosiGen is a young social enterprise with an enormous ambition: To increase the financial autonomy of low- to moderate-income homeowners nationwide, by decreasing their dependence on utility-provided energy. | $20M | Series B | Mar 16, 2016 |  |
| Direct Energy Solar | Ranked #2 on Inc. Magazine’s 2012 list of fastest growing private U.S. companies, Astrum Solar is the leading full-service home solar provider based in the eastern United States. Astrum Solar enables homeowners to easily switch to solar power for little or no money down and immediately begin reducing their electricity costs. The company’s rapidgrowth is fueled by its ability to provide premier customer experiences in which Astrum Solar facilitates every aspect of a customer’s seamless transition from a traditional energy consumer to a clean energy producer.Astrum Solar’s mission is to spread solar power to the rooftops of America. More and more people around the country are ready to take control of their unpredictable utility costs and reduce their electricity bills and carbon footprints. And we’re there to guide them and make going solar easy and rewarding.Astrum Solar serves homeowners and businesses in Connecticut, Delaware, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Pennsylvania, Virginia, Washington, DC and West Virginia. We ensure that our customers get the most out of their solar panels: the most energy generated, the most electricity savings, the most beneficial environmental impact and the most joy each time they see a sunny day. |  | Series B | Nov 08, 2013 |  |
| Cleaire | Cleaire offers advanced retrofit exhaust control systems for in-use diesel engines. Its latest product, LongMile®, is a significant improvement over competitive products in the marketplace. Cleaire offers eight diesel emissions control products for on-road and off-road vehicles, all of which are Level 3 verified by the California Air ResourcesBoard. Cleaire is headquartered in San Leandro, CA. |  |  | Aug 01, 2011 |  |
| Coolerado | Coolerado designs, manufactures and markets super-energy-efficient air conditioning systems for light commercial and residential use, based on its proprietary, patented, and proven technology. | $7.2M | Series B | Nov 08, 2010 |  |

5 of 5 investments shown.

## Co-investors
- [CCM Energy](https://shizune.co/investors/profile/ccm-energy) — VC Fund, 2 deals together
- [Constellation Technology Ventures](https://shizune.co/investors/profile/constellation-technology-ventures) — VC Fund, 2 deals together
- [Spring Mountain Capital](https://shizune.co/investors/profile/spring-mountain-capital) — VC Fund, 2 deals together
- Convergent Capital Management (CCM) US — VC Fund, 1 deal together
- [Credit Suisse](https://shizune.co/investors/profile/credit-suisse) — VC Fund, 1 deal together
- Ingleside Investors — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [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 NewWorld Capital Group LLC invest in?

NewWorld Capital Group LLC invests primarily in CleanTech, Solar and Energy startups, most often at Series B and Funding Round stage. Most of the 5 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 NewWorld Capital Group LLC?

Public channels for NewWorld Capital Group LLC include LinkedIn, X (Twitter) and 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 NewWorld Capital Group LLC?

The team at NewWorld Capital Group LLC includes Carter Bales (Chairman and Managing Partner), Ali Iz (Founding Partner) and Bob Kennedy (Chief Financial Officer). 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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