Orion Industrial Ventures (OIV) is a venture capital arm of Orion Resource Partners based in New York City. The firm specializes in backing companies that develop technologies to reduce carbon emissions in industry and establish a reliable supply chain for critical minerals, materials, and new energy solutions essential for modern growth. By focusing on projects that combine economic viability with environmental responsibility, OIV supports innovations that address both industry demands and sustainability goals.
OIV directs its investments toward early-stage companies at the seed to Series B stages, targeting ownership stakes of three to ten percent in a diversified portfolio of around 20 to 30 companies. The firm concentrates on three primary areas: boosting upstream minerals supply through exploration, extraction, processing, and recycling; providing sustainable energy inputs such as baseload generation, thermal and chemical storage, hydrogen systems, and alternative fuels; and decarbonizing material processes by enhancing energy efficiency, advancing electrochemical techniques, deploying industrial biotechnology, and supporting carbon capture and removal methods.
Within its clean technology and battery sector commitments, OIV has participated in a $35 million financing round for Mangrove Lithium, which is scaling North America’s first electrochemical lithium refining facility for battery-grade material. The firm’s broader resource platform invested $250 million in Lithium Americas’ Thacker Pass project to bolster domestic lithium supply. Other portfolio companies include Alta Resource Technologies, known for mineral separation innovations, and VerAI. OIV’s emphasis on metals like lithium, nickel, copper, and rare earths underlines its role in advancing energy storage and battery supply chains that are crucial for the transition to cleaner power systems.
