Traditional utilities are evolving fast to navigate and help drive the energy transition. As part of this evolution, a number have established venture capital teams, investing in innovative companies at the leading edge of the transition. In this episode, Jon Slowe talks with two people from utility venture capital funds, exploring their aims, investments, and experiences. He is joined by Terhi Johanna Vapola, Head and Founder of Helen Ventures in Finland; and Jan Lozek, Founding and Managing Partner at Future Energy Ventures, owned by E.ON in Germany.