HL Energy Ventures

HL Energy Ventures is an early-stage venture capital firm based in Dallas, Texas, United States, specializing in investments across decarbonized fuels, chemicals, low carbon e-fuels, e-chemicals, and related clean energy technologies. Operating as Green Energy-as-a-Service, the firm strategically leverages its deep expertise in fuels, electrification, and technology, along with its strong ties to Hunt Energy, to de-risk its investment portfolio. HL Energy Ventures functions as a spin-out of Hunt Energy's technology venture business, funding its early-stage capital investments through its own capital. The firm primarily focuses on the renewable and clean energy sectors, with a notable portfolio company being DirectH2, a hydrogen technology company that received seed funding led by HL Energy Ventures on March 7, 2025, for its hydrogen production IP from Rice University. Victor Liu serves as the CEO, guiding the firm's strategic direction and investment thesis within the broader Hunt Consolidated Energy ecosystem led by Hunter Hunt.