European Investment Bank

Sunly is a renewable energy company based in Tallinn, Estonia, that operates in the Baltics and surrounding markets. Established in 2019, Sunly develops renewable energy projects through its division Sunly Infra. In addition, the company manages a portfolio of startups focused on renewable energy and electrification under the Sunly Startup initiative. Sunly aims to support and invest in innovative ventures that contribute to sustainable energy solutions in the region.

Formo is a pioneering cellular agriculture company based in Europe that specializes in creating animal-free dairy products. By utilizing precision fermentation, Formo develops real, nature-identical milk proteins, allowing for the production of clean dairy alternatives. The company aims to provide sustainable and healthy options for consumers, particularly those seeking vegan food products. Through innovative biotechnology, Formo transforms nutrients into dairy proteins, contributing to a more equitable and environmentally friendly approach to dairy consumption.

Enpal GmbH, founded in 2017 and based in Berlin, Germany, specializes in providing all-in-one renewable energy solutions, including solar panels, battery systems, wallboxes, heat pumps, and energy management systems. The company focuses on making renewable energy accessible and affordable for customers in Germany and Italy through a unique leasing model that requires no upfront payment. This model covers installation, insurance, and maintenance, attracting customers who prefer to avoid high initial investments. Enpal has successfully installed over 60,000 solar photovoltaic systems, becoming the market leader in Germany. The company employs more than 1,000 staff, including over 200 local installer teams, and has opened several satellite offices to enhance customer service. Enpal has received numerous accolades, including awards for sustainability and customer service. In recent years, it has diversified its offerings and introduced a sales option to accommodate customers interested in purchasing their solar solutions. In 2022, Enpal reported revenues exceeding 400 million euros and has been recognized as one of Germany's fastest-growing companies.

BURN Design Lab is a nonprofit organization focused on creating customized biomass stove solutions for the developing world. The organization collaborates with implementing partners to establish sustainable stove dissemination systems that address cooking needs while tackling issues such as deforestation, women's health, and global warming. BURN's primary activities include the design, local manufacture, and distribution of fuel-efficient cooking products aimed at enhancing the lives of underserved communities. Operating a modern manufacturing facility near Nairobi, BURN produces a stove every minute, making it the largest facility of its kind in Africa. Their range of affordable and durable cookstoves, which include biomass, liquid fuel, and electric options, is designed to reduce harmful emissions and improve indoor air quality, enabling families to cook safely and sustainably while protecting their health and the environment.

Gropyus is a company dedicated to designing and developing buildings that prioritize affordability, sustainability, and smart living. It focuses on creating resource-efficient housing solutions that are accessible to a wide range of individuals. By emphasizing design for manufacturing and the use of regenerative materials, Gropyus aims to deliver innovative living spaces that not only meet the needs of their occupants but also conserve environmental resources. The company's mission is to offer exciting and affordable experiences through continuously evolving architectural products, ultimately enhancing the quality of life for its customers while promoting sustainable practices.

Protix is an industrial-scale producer of insect proteins and lipids, focusing on providing sustainable and organic alternatives for animal feed. By utilizing a variety of food scraps, including those from meat, fish, and dairy products, the company cultivates high-quality proteins that contribute to a more balanced food system. Protix aims to support the transition toward sustainable agriculture by offering low-impact protein options enriched with essential micro-nutrients, thereby addressing the growing demand for environmentally friendly feed solutions.

Volvo Car Group, known for its premium automobiles, has a rich history dating back to 1927 when it produced its first car in Gothenburg. Today, it operates globally, selling vehicles in approximately 100 countries, with significant markets in the United States, Sweden, China, Germany, and the United Kingdom. Owned by Zhejiang Geely Holding of China since 2010, Volvo manufactures a diverse range of vehicles, including sedans, SUVs, estates, and convertibles, all characterized by their Scandinavian design and focus on human-centric functionality. The company's brand strategy, "Designed Around You," emphasizes customer needs and sustainable mobility solutions, such as plug-in hybrids and electric vehicles. Volvo Car is dedicated to innovation, continually developing technologies that enhance safety and simplify the driving experience while contributing to a more sustainable society. With headquarters in Mahwah, New Jersey, Volvo Car remains committed to delivering high-quality automobiles that embody craftsmanship and advanced engineering.

Exeger Sweden AB is a technology company specializing in light energy harvesting solutions. It develops and manufactures innovative solar cell technology that converts ambient light, including artificial illumination, into electrical energy. This technology is designed to power a variety of electronic devices, from consumer electronics to wearables, promoting sustainable and self-powered solutions. Exeger's dye-sensitized solar cells can be printed in various colors and shapes, allowing for integration into mass-market products. By enabling devices to harness all forms of light, Exeger aims to transform the perception of available energy and enhance product functionality with continuous power.

Valeo is an independent industrial group fully focused on the design, production and sale of components, integrated systems and modules for the automotive industry, mainly for CO2 emissions reduction, Valeo ranks among the world's top automotive suppliers. The company designs and produces a wide range of automotive products, including components and systems for vehicle interiors, transmissions, thermal systems, lighting technology, and electric powertrains. Valeo is a major player in the automotive industry and is known for its innovative technologies that contribute to making vehicles more energy-efficient and environmentally friendly.

ROCSYS is a company that specializes in developing solutions for fully automating electric vehicle (EV) charging sites. By utilizing proprietary soft robotics technology and computer vision, ROCSYS enables EV infrastructure operators to enhance asset utilization and streamline operations for fleet operators. The company's offerings not only support the efficient management of charging services but also prepare businesses for advancements in self-parking and autonomous driving technologies. ROCSYS provides a comprehensive suite of remote management tools and an API integration platform, addressing the increasing demands of the EV industry and promoting sustainable transportation solutions.

Reden Solar specializes in the development, financing, construction, and operation of solar photovoltaic power plants across Europe and Latin America. With an installed portfolio of 762 megawatts and an additional 15 gigawatts under development, the company primarily focuses on markets in France and Spain, while also expanding its operations in Greece and Italy. Reden Solar provides a variety of photovoltaic solutions, including agricultural greenhouses, ground-mounted systems, shelters, and rooftop installations, aimed at promoting sustainable energy production and contributing to environmental conservation.

PPC Group is a power producer and electricity supply company focused on renewable energy. Through its subsidiary, PPC Renewables, the company specializes in the development and management of renewable energy production. This commitment to sustainable energy solutions reflects PPC Group's broader strategy to contribute to the transition towards cleaner energy sources. By leveraging its expertise in the energy sector, PPC Group aims to provide reliable electricity while promoting environmental responsibility.

Power Capital Renewable Energy Limited, founded in 2011 and based in Dublin, Ireland, focuses on the development, operation, and management of large-scale photovoltaic solar farms. The company specializes in all four stages of a solar asset's life cycle, including design, development, financing, construction, and operation. By acquiring and managing utility-scale solar parks, Power Capital aims to provide clean and reliable energy, contributing to the sustainability of the renewable energy sector. Their commitment to delivering competitive and sustainable energy solutions positions them as a significant player in the renewable energy market.

OVH APAC is a leading cloud provider known for its innovative and cost-effective solutions tailored for a diverse clientele, ranging from startups to large enterprises. Founded in 1999 by Octave Klaba and based in France, OVH offers a comprehensive portfolio of services, including web hosting, dedicated servers, cloud solutions, domain registration, and VOIP telephony. The company distinguishes itself through its proprietary global fiber-optic network and green data centers, which enable optimal performance and reliability. With a commitment to research and development and complete control over its supply chain, OVH delivers high-quality products and exceptional customer service. Additionally, OVH has established a strong partnership with VMware, integrating advanced software solutions to enhance network performance and streamline service delivery for its customers. As a result, OVH is recognized as one of the top internet hosting companies globally, serving millions of customers with cutting-edge technology and expertise.

Energiefonds Overijssel is a venture capital firm established in 2012 and located in Zwolle, Netherlands. The company is dedicated to supporting the energy transition by providing financial contributions to initiatives and businesses that focus on energy savings or the generation of energy from renewable sources. Backed by the government, Energiefonds Overijssel prioritizes investments in renewable energy and clean energy technology, aiming to foster sustainable practices and innovation within the energy sector.

Stegra operates a steel production plant focused on decarbonizing the steel industry in Europe through the use of green hydrogen. The facility is designed as a fully integrated, digitalized, and automated greenfield plant, which combines raw materials, renewable energy, and artificial intelligence to produce fossil-free steel. By replacing traditional CO2-intensive coal with green hydrogen, the plant significantly reduces emissions, with water and heat as the primary byproducts. This innovative approach enables clients to access high-quality, sustainable steel at a competitive cost, contributing to the broader goal of accelerating decarbonization in the steel sector.

Starship Technologies, Inc. is a robotics company that specializes in the design and manufacture of self-driving delivery robots intended for local goods transportation. Founded in 2014, the company is headquartered in London, United Kingdom, with a research and development center in Estonia. Its autonomous robots are capable of delivering parcels, groceries, and food within a 30-minute timeframe, operating autonomously 99% of the time. These robots utilize a suite of sensors, including cameras and GPS, to ensure safe and efficient curb-side deliveries from local hubs. Starship Technologies aims to revolutionize the delivery process by providing convenient services that enhance everyday life while promoting environmentally friendly practices and reducing costs associated with local deliveries.

Ørsted is a Danish company specializing in the development and maintenance of offshore and onshore renewable energy farms, energy storage facilities, and bioenergy plants. Formerly known as DONG Energy, Ørsted has undergone a significant transformation over the past decade, committing to a vision of a world powered entirely by green energy. The company has dramatically reduced its coal consumption by 73% and aims to completely phase out coal by 2023. As a global leader in offshore wind, Ørsted holds a 25% market share, providing energy to approximately 9.5 million people. By the end of 2023, Ørsted operated 8.9 gigawatts of offshore wind capacity, with the United Kingdom being its largest market, followed by Germany and Denmark. The company is also expanding its presence outside Europe with projects in Taiwan and the United States, where it operates 4.8 gigawatts of onshore wind and solar assets. In addition to its renewable initiatives, Ørsted still engages in traditional utilities, including conventional power plants.

Valeo is an independent industrial group fully focused on the design, production and sale of components, integrated systems and modules for the automotive industry, mainly for CO2 emissions reduction, Valeo ranks among the world's top automotive suppliers. The company designs and produces a wide range of automotive products, including components and systems for vehicle interiors, transmissions, thermal systems, lighting technology, and electric powertrains. Valeo is a major player in the automotive industry and is known for its innovative technologies that contribute to making vehicles more energy-efficient and environmentally friendly.

FlixBus, operated by FlixMobility, is a notable provider of intercity travel, focusing on affordable, convenient, and environmentally-friendly transportation solutions. Since its inception in 2013, the company has established Europe's largest long-distance bus network and introduced green long-distance trains in 2018, alongside a pilot for all-electric buses in Germany and France. The platform offers travelers a sustainable alternative to private transportation, featuring amenities such as free WiFi, flexible online booking, and innovative ticketing systems. FlixBus also expanded its services to the United States in 2018, bringing its unique travel model to a broader audience. By collaborating with regional bus partners and private train companies, FlixMobility combines technological innovation with traditional transportation expertise, positioning itself as a leader in the evolving mobility landscape. As a result, FlixBus has transformed the travel experience for over 100 million people across Europe and the United States while contributing to job creation in the mobility sector.

PPC Group is a power producer and electricity supply company focused on renewable energy. Through its subsidiary, PPC Renewables, the company specializes in the development and management of renewable energy production. This commitment to sustainable energy solutions reflects PPC Group's broader strategy to contribute to the transition towards cleaner energy sources. By leveraging its expertise in the energy sector, PPC Group aims to provide reliable electricity while promoting environmental responsibility.

Orbital Systems, based in Malmö, Sweden, is a clean-tech startup that has developed an innovative shower system designed to significantly reduce water and energy consumption. Founded by Mehrdad Mahdjoubi, the company offers a recirculating shower system that can achieve up to 90% water savings and 80% energy savings while enhancing user comfort and hygiene. The technology ensures that bacteria and contaminants are removed during each cycle, allowing homeowners to recycle and reuse their shower water. Inspired by a collaboration with NASA and guided by the mentorship of Skype’s founder, Niklas Zennström, Orbital Systems is currently experiencing rapid growth in the clean technology sector.

tado° GmbH is a Munich-based company that specializes in developing and marketing home climate control systems. Founded in 2010, the company offers a combination of hardware and software solutions designed to enhance the efficiency of heating and cooling systems in residential and small business environments. tado°'s innovative products adjust to the behavior of residents in real time while also considering weather forecasts and building characteristics. The company distributes its offerings through both retail stores and online platforms, positioning itself at the intersection of technology and sustainable energy management in the cleantech market. With an additional office in London, tado° continues to focus on integrating Internet of Things technology into everyday climate control solutions.

SunPartner develops and commercializes innovative technologies adapted to communication, energy, transportation, and building needs. It offers Wysips Crystal, an ultra-thin and transparent photovoltaic material with an optical system designed for emissive screens for smartphones and smartwatches; Wysips Graphics masks solar cells for connected devices; Wysips Reflect that can be integrated into any kind of reflective screen; Wysips Cameleon for signs and billboard; and Light-Fidelity or Visible Light Communication, a communication technology that transmits data over visible light waves and has applications in location-based services, electromagnetic sensitive places, shopping 2.0, and smartCities. SunPartner is a France-based company that was founded in 2008.

Enevo is a company focused on enhancing the financial, environmental, and social impact of waste management. Founded in 2010, it initially offered waste data through dumpster sensors and has since evolved to provide comprehensive waste and recycling management services for various sectors, including restaurants and commercial properties across North America. Enevo utilizes proprietary analytics software and wireless sensor technology to optimize collection schedules and routes for waste containers, thereby improving operational efficiency and transparency. The company's predictive end-to-end solution automates the planning and logistics of waste and recycling processes. With over $34 million raised in private equity funding, Enevo continues to invest in technology and innovative practices to better serve its customers and support sustainable waste management.