HOUSTON, May 19, 2026 – Baker Botts L.L.P., a leading international energy, technology, and life sciences law firm, advised Veriten, a research, strategy and investment firm, in the initial close of its second flagship energy venture fund, Fund II, with more than $105 million in capital commitments.

Fund II is designed to accelerate scalable technology solutions for energy, power and industrial applications and builds on the success of Veriten’s inaugural fund.

Fund II will focus on investments in companies developing broadly applicable solutions aligned with Veriten’s long-term outlook for the energy sector and related industrial markets. Veriten’s platform is supported by a network of more than 50 strategic partnerships spanning the energy, power, industrial and technology sectors.

Veriten, headquartered in Houston, Texas, comprises 20 professionals with backgrounds drawn from investing, research, investment banking, public buyside, technology, industrial and entrepreneurship. 

Veriten’s press release announcing the transaction can be found here.

Baker Botts Lawyers/Offices Involved:

Corporate: Bryan Henderson (Partner, Dallas); Michael Donnellan (Associate, Houston); Alira Thomas (Associate, Dallas)

Tax: Steve Marcus (Partner, Dallas)

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Baker Botts is an international law firm whose lawyers practice throughout a network of offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit bakerbotts.com.