EIT InnoEnergy

Founded in 2010 and based in Eindhoven, Netherlands, EIT InnoEnergy is a leading innovation engine focused on sustainable energy. The company operates with a mission to support the growth of early-stage companies in sectors such as climate technology, clean technology, mobility, and the Internet of Things. EIT InnoEnergy invests primarily in seed and early-stage businesses, aiming to enhance their potential through value-added services that mitigate risks and accelerate development. With offices across Europe and the United States, the firm is committed to fostering innovation in the energy sector to drive sustainable solutions.

Mikel Lasa

Managing Director

Christian Müller

CEO of KIC InnoEnergy Germany

Diego Pavía

CEO

Jacob Ruiter

Co-CEO, Benelux and Executive Board Member

Johanne Ulrich

Investment Director, France

Karine Vernier

CEO

Lowina Lundström

CEO

Past deals in Europe

Swobbee

Venture Round in 2024
Swobbee is a Berlin-based startup focused on commercializing battery swapping for micro-mobility vehicles. The company has developed an infrastructure that features battery exchange stations, functioning as a "gas station" for light electric vehicles (LEVs). By providing a user-friendly application, Swobbee allows users to swap empty batteries for fully charged ones, ensuring the constant availability of fully charged batteries at an affordable price. This innovative solution addresses the challenges faced by shared micro and light electric fleets, making it easier for users to access energy on demand as per their needs.

Swedish Algae Factory

Venture Round in 2024
Swedish Algae Factory AB, established in 2014 and located in Gothenburg, Sweden, specializes in algae cultivation and wastewater treatment systems. The company focuses on extracting nanoporous silica from silicon algae, a material that enhances the efficiency of solar panels by trapping visible light and blocking UV light. Laboratory tests have shown promising results in improving solar panel performance. Additionally, the nanoporous material has applications beyond energy, including use in skincare products for moisturizing, cleaning, and UV protection, thanks to its ability to absorb and release particles based on environmental conditions.

ecop Technologies GmbH

Venture Round in 2024
ECOP Technologies GmbH, founded in 2007 and headquartered in Vienna, Austria, specializes in the development of advanced heat pump technology solutions for heating and cooling applications. The company manufactures rotation heat pumps for industrial use, utilizing a unique, multi-patented technology that enables high-temperature performance without the need for refrigerants. This innovation allows for flexible adaptation to various requirements while ensuring economic efficiency and energy recovery, thereby supporting environmental protection and cost savings for businesses. Production occurs in Upper Austria, while the development center is equipped with cutting-edge technologies in Vienna. ECOP has received multiple accolades, including the European Commission's European Environmental Award and the State Prize for Environmental Technology, recognizing its contributions to sustainable energy solutions.

Bee Planet Factory

Venture Round in 2024
BeePlanet Factory develops technological projects based on the reuse of batteries removed from the electric car. These batteries are called B2U (Battery 2nd Use). At the end of their original application, they keep intact a large storage capacity (70%-80%) and still offer high performance, which makes them perfectly functional for other uses, such as stationary energy storage. The company was founded in 2018 and is headquartered in Noáin, Comunidad Foral de Navarra.

ROSI

Venture Round in 2024
ROSI is a company that develops innovative raw material recycling and revalorization technologies for the photovoltaic industry. The technologies allow for the recovery of ultra-pure silicon and other metals that are currently lost during photovoltaic cell manufacturing and at the end of the solar panel's life cycle. ROSI is based in Grenoble, France.

Vertequip

Venture Round in 2024
Vertequip is a manufacturer based in Chamusca, Portugal, specializing in equipment, accessories, and services aimed at enhancing safety and productivity for work at heights. Founded in 2011, the company offers a diverse range of products designed for various applications, including façade access for buildings and customized platforms for shaft access in construction, mining, and energy sectors. Their offerings include solutions such as S.T.E.P. No Limits for harness access, S.T.E.P. Freedom for easy ascent and descent in tall structures, and specialized products for tasks in wind towers and offshore platforms. Vertequip's focus on improving safety and efficiency caters to the unique demands of industries operating in challenging environments.

HPS

Venture Round in 2024
HPS designs and manufactures integrated solar energy storage and usage systems for single and two-family homes. HPS system picea is a device that combines energy storage, heating assistance, and living space ventilation. Zeyad Abul-Ella and Dr. Henrik Colell founded HPS in 2014 and are headquartered in Berlin, Germany.

Ecoligo

Venture Round in 2024
Ecoligo GmbH, founded in 2016 and based in Berlin, Germany, operates a crowd-investing platform that finances sustainable solar energy projects in emerging markets. The company addresses the financing gap that hinders the implementation of solar solutions for local businesses by enabling environmentally conscious investors to fund these initiatives. Ecoligo's solar-as-a-service model allows commercial and industrial enterprises to access affordable solar energy, leading to significant financial savings and promoting sustainable growth. By providing solar energy, Ecoligo not only helps businesses reduce their CO₂ emissions but also contributes to broader climate protection efforts. The platform creates opportunities for impact-driven individuals to invest in projects that yield both economic and environmental returns.

FineCell

Seed Round in 2023
FineCell is a sustainable cellulose microfibers provider that enables manufacturers to make new products with reduced carbon footprints and differentiated properties. The company's cellulose microfibers possess physical and chemical properties that differ from competing products and provide differentiated benefits for the users. It has been supported by Vinnova (Sweden’s innovation agency) and EIT InnoEnergy. The Linköping, Ostergotlands Lan-based company was established in 2015 by Jonatan Henschen, Jonas Engstrand, Monica Ek, and Kloce Dongfang Li.

Candam Tech

Venture Round in 2023
Candam is focused on creating innovative technology for the waste management sector, particularly in Europe. The company has developed a patented Smart Ring technology that utilizes acoustic techniques and artificial intelligence algorithms to identify various types of packaging materials in real time. This system aims to enhance waste collection processes, increase recycling rates, and support the circular economy by providing efficient waste management solutions. By implementing its technological platform, Candam seeks to address challenges associated with waste production and improve access to waste management systems, particularly in urban areas dealing with specific waste categories such as pharmaceuticals.

ROSI

Series A in 2022
ROSI is a company that develops innovative raw material recycling and revalorization technologies for the photovoltaic industry. The technologies allow for the recovery of ultra-pure silicon and other metals that are currently lost during photovoltaic cell manufacturing and at the end of the solar panel's life cycle. ROSI is based in Grenoble, France.

Elestor

Venture Round in 2022
Elestor BV, founded in 2014 by Wiebrand Kout and headquartered in Arnhem, Netherlands, specializes in energy storage solutions aimed at facilitating the economical use of self-generated renewable electricity on a large scale. The company has developed a system that can be integrated with hydrogen infrastructures and electrolyzers, significantly reducing the costs associated with green hydrogen production. By offering cost-effective electricity storage technology, Elestor enables its clients to minimize their electricity storage expenses, thereby enhancing the viability of renewable energy sources.

ecop Technologies GmbH

Funding Round in 2022
ECOP Technologies GmbH, founded in 2007 and headquartered in Vienna, Austria, specializes in the development of advanced heat pump technology solutions for heating and cooling applications. The company manufactures rotation heat pumps for industrial use, utilizing a unique, multi-patented technology that enables high-temperature performance without the need for refrigerants. This innovation allows for flexible adaptation to various requirements while ensuring economic efficiency and energy recovery, thereby supporting environmental protection and cost savings for businesses. Production occurs in Upper Austria, while the development center is equipped with cutting-edge technologies in Vienna. ECOP has received multiple accolades, including the European Commission's European Environmental Award and the State Prize for Environmental Technology, recognizing its contributions to sustainable energy solutions.

DCbrain

Venture Round in 2022
DCbrain is a deep-tech software-as-a-service company based in Paris, France, specializing in the energy and supply chain sectors. Founded in 2014, the company provides an AI-powered optimization platform that integrates a visualization interface with a predictive analysis toolbox. This platform is designed to assist clients in identifying anomalies, preventing incidents, and forecasting the future developments of complex network configurations. By leveraging advanced artificial intelligence and Hybrid AI algorithms, DCbrain aims to enhance operational efficiency and decision-making for its users.

Fibersail

Seed Round in 2022
Fibersail is a technology company specializing in the monitoring of wind turbine blades through an advanced shape sensing system based on Fiber Bragg Grating (FBG) fiber optic technology. Founded in 2014 and headquartered in Oeiras, Portugal, with an additional office in Rotterdam, Netherlands, Fibersail provides real-time analysis of the shape, condition, and behavior of wind turbine blades. This innovative service enables wind turbine operators to optimize performance and enhance availability while reducing the risk of failures and lowering maintenance costs. By integrating fiber optic sensors along the entire length of critical structures, Fibersail offers a straightforward solution for continuous monitoring, contributing to the overall safety and efficiency of wind energy infrastructure.

Swobbee

Series A in 2022
Swobbee is a Berlin-based startup focused on commercializing battery swapping for micro-mobility vehicles. The company has developed an infrastructure that features battery exchange stations, functioning as a "gas station" for light electric vehicles (LEVs). By providing a user-friendly application, Swobbee allows users to swap empty batteries for fully charged ones, ensuring the constant availability of fully charged batteries at an affordable price. This innovative solution addresses the challenges faced by shared micro and light electric fleets, making it easier for users to access energy on demand as per their needs.

Bamboo Energy

Seed Round in 2021
Bamboo Energy is a software platform provider that focuses on helping retailers and aggregators manage and trade distributed flexibility resources in the energy sector. Founded in 2020 in San Adrián De Besós, Catalonia, the company aims to facilitate the energy transition by democratizing access to cleaner and more affordable energy. Its platform enables clients to monetize the flexibility of their energy assets while integrating renewable energy sources. Utilizing artificial intelligence, advanced mathematical optimization models, and cloud computing, Bamboo Energy forecasts consumption, flexibility, and market conditions for effective portfolio management. The platform enhances operational efficiency for energy operators, allowing them to coordinate and valorize the consumption of a diverse portfolio of consumers across various electricity markets.

VoltStorage

Series B in 2021
VoltStorage GmbH, based in Olching, Germany, specializes in developing and producing power storage devices that utilize eco-friendly redox flow technology. The company's flagship product, VoltStorage, is a vanadium redox flow battery system designed to store excess electricity generated by solar panels during the day for use at night. This innovative approach enables homeowners to access renewable energy around the clock, promoting sustainability and environmental responsibility. In addition to its products, VoltStorage offers installation and technical support services, ensuring customers can effectively integrate these systems into their homes. The company aims to make renewable energy more accessible and contribute to a cleaner, fairer world for future generations.

FineCell

Seed Round in 2021
FineCell is a sustainable cellulose microfibers provider that enables manufacturers to make new products with reduced carbon footprints and differentiated properties. The company's cellulose microfibers possess physical and chemical properties that differ from competing products and provide differentiated benefits for the users. It has been supported by Vinnova (Sweden’s innovation agency) and EIT InnoEnergy. The Linköping, Ostergotlands Lan-based company was established in 2015 by Jonatan Henschen, Jonas Engstrand, Monica Ek, and Kloce Dongfang Li.

Graphmatech

Venture Round in 2021
Graphmatech AB, founded in 2017 and based in Västerås, Sweden, specializes in the invention, development, and sale of innovative graphene-based nanocomposite materials. The company offers a range of products, including aros graphene thermal grease, aros graphene polymer 3D filament, aros graphene conductive ink, and aros graphene coated polymer powder. Graphmatech's materials leverage the exceptional electrical and thermal properties of graphene, providing high conductivity, lightweight characteristics, and enhanced durability. These attributes enable industries to create advanced products, contributing to the green transition by promoting the efficient use of materials. The company’s focus includes applications in the hydrogen economy and improved 3D printing technologies, offering solutions that utilize less material while achieving superior performance compared to traditional alternatives.

Northvolt

Venture Round in 2021
Northvolt AB, founded in 2016 and headquartered in Stockholm, Sweden, specializes in the manufacturing of sustainable lithium-ion batteries primarily for the renewable energy and transportation sectors. The company develops a range of products, including battery cells, custom battery solutions, and complete battery systems, tailored to specific requirements such as chemistry and form factor. Northvolt focuses on creating environmentally friendly batteries with a minimal carbon footprint and incorporates advanced recycling technology to support clean energy initiatives. By supplying high-quality, sustainable battery cells and systems, Northvolt aims to facilitate the transition to electric vehicles and promote decarbonization across various industries, including automotive, grid storage, industrial applications, and micromobility.

Bamboo Energy

Seed Round in 2021
Bamboo Energy is a software platform provider that focuses on helping retailers and aggregators manage and trade distributed flexibility resources in the energy sector. Founded in 2020 in San Adrián De Besós, Catalonia, the company aims to facilitate the energy transition by democratizing access to cleaner and more affordable energy. Its platform enables clients to monetize the flexibility of their energy assets while integrating renewable energy sources. Utilizing artificial intelligence, advanced mathematical optimization models, and cloud computing, Bamboo Energy forecasts consumption, flexibility, and market conditions for effective portfolio management. The platform enhances operational efficiency for energy operators, allowing them to coordinate and valorize the consumption of a diverse portfolio of consumers across various electricity markets.

Camelina Company España

Seed Round in 2021
Camelina Company Spain commits to sustainable agriculture and to farmers, providing innovative solutions that improve profitability. Camelina Company España (CCE) is the European reference company for the production of camelina, a sustainable industrial crop. CCE develops camelina plantations for the production of camelina oil and meal. The oil extracted from camelina grains is mainly used as feedstock for the production of biojetfuel and biodiesel.

Pionierkraft

Seed Round in 2021
Pionierkraft develops a sustainable solution that increases the proportion of energy consumed on-site. The company was founded in 2019 and is headquartered in München, Bayern.

Solarworx

Seed Round in 2021
Solarworx is a Berlin-based company founded in 2017 that focuses on developing smart solar solutions for rural off-grid households and businesses. The company manufactures modular and grid-based solar systems designed to meet both current and future electricity demands. These systems generate energy that enables users to harness solar power in a cost-effective and efficient manner, thereby improving energy access for those in remote areas.

HPS

Series A in 2021
HPS designs and manufactures integrated solar energy storage and usage systems for single and two-family homes. HPS system picea is a device that combines energy storage, heating assistance, and living space ventilation. Zeyad Abul-Ella and Dr. Henrik Colell founded HPS in 2014 and are headquartered in Berlin, Germany.

ROSI

Seed Round in 2021
ROSI is a company that develops innovative raw material recycling and revalorization technologies for the photovoltaic industry. The technologies allow for the recovery of ultra-pure silicon and other metals that are currently lost during photovoltaic cell manufacturing and at the end of the solar panel's life cycle. ROSI is based in Grenoble, France.

Meva Energy

Seed Round in 2021
Meva Energy, founded in 2008 and based in Sweden, specializes in gasification technology aimed at generating renewable energy from small fraction fuels. The company focuses on biomass gasification, which allows for the production of power and heat energy. This technology is utilized in various applications, including heating buildings, melting materials, operating engines, and boiling water. By enabling clients to harness sustainable power and heat, Meva Energy contributes to improved profitability and environmental sustainability in energy production.

Celcibus

Seed Round in 2020
Celcibus AB is a Swedish innovation company specializing in materials for clean energy solutions, specifically through its development of patented catalyst technology. This technology enables the production of fuel cells that are sustainable and high-performing, entirely without noble metals. Celcibus's focus is on facilitating the global adoption of fuel cells by offering metal-free catalyst solutions suitable for various applications, including transportation, household use, and industrial purposes. The company's fossil-free products serve as a sustainable alternative for powering electrical applications, promoting the use of alternative energy in an environmentally friendly manner.

Bee Planet Factory

Seed Round in 2020
BeePlanet Factory develops technological projects based on the reuse of batteries removed from the electric car. These batteries are called B2U (Battery 2nd Use). At the end of their original application, they keep intact a large storage capacity (70%-80%) and still offer high performance, which makes them perfectly functional for other uses, such as stationary energy storage. The company was founded in 2018 and is headquartered in Noáin, Comunidad Foral de Navarra.

Eneida

Series A in 2020
Eneida designs and develops smart sensors and artificial intelligence applications for resilient and agile low voltage grid. Its product called Deep Grid is a collaborative energy IoT platform for the remote and online optimization of the low voltage network. The company aims to help electric utilities to make the most of their low voltage network. Eneida was founded in 2012 and is headquartered in Coimbra, Portugal.

ONO

Series A in 2020
Creating transformative change in urban mobility, making our cities cleaner and more enjoyable. We first focus on urban logistics, moving goods around the city in ways that are sustainable, efficient and cost-effective. Our vehicle and its modular platform system, with easily swappable modular units, meets the needs of city logistics. From moving food to flowers to furniture, the possibilities are endless. ONO’s founders, pioneer in e-mobility solutions, Beres Seelbach, former head of design at Mercedes and Volkswagen, Murat Günak, and light electric vehicle expert and engineer, Philipp Kahle, sought to rethink and reshape modern urban transportation. They put together a forward-thinking group of designers, engineers and creative thinkers who shared their vision of transforming urban mobility. ONO is a Berlin-based e-mobility company introducing a whole new category of emissions-free vehicle: the Pedal Assisted Transporter (PAT), combining the flexibility of a bicycle with the capacity and durability of a van. We offer environmentally friendly urban logistics solutions designed and optimised for cities of today.

Hymeth

Seed Round in 2020
HYMETH is a privately held company that engages in the production of sustainable gases. The name Hymeth is the combination of the words hydrogen and methane specifying Hymeth’s core technology. The company was founded in 2016 and is headquartered in Soborg, Denmark.

Meva Energy

Seed Round in 2020
Meva Energy, founded in 2008 and based in Sweden, specializes in gasification technology aimed at generating renewable energy from small fraction fuels. The company focuses on biomass gasification, which allows for the production of power and heat energy. This technology is utilized in various applications, including heating buildings, melting materials, operating engines, and boiling water. By enabling clients to harness sustainable power and heat, Meva Energy contributes to improved profitability and environmental sustainability in energy production.

Solarworx

Seed Round in 2020
Solarworx is a Berlin-based company founded in 2017 that focuses on developing smart solar solutions for rural off-grid households and businesses. The company manufactures modular and grid-based solar systems designed to meet both current and future electricity demands. These systems generate energy that enables users to harness solar power in a cost-effective and efficient manner, thereby improving energy access for those in remote areas.

VoltStorage

Venture Round in 2020
VoltStorage GmbH, based in Olching, Germany, specializes in developing and producing power storage devices that utilize eco-friendly redox flow technology. The company's flagship product, VoltStorage, is a vanadium redox flow battery system designed to store excess electricity generated by solar panels during the day for use at night. This innovative approach enables homeowners to access renewable energy around the clock, promoting sustainability and environmental responsibility. In addition to its products, VoltStorage offers installation and technical support services, ensuring customers can effectively integrate these systems into their homes. The company aims to make renewable energy more accessible and contribute to a cleaner, fairer world for future generations.

Nordluft Automation

Seed Round in 2020
Nordluft Automation is a Swedish startup working to automate a range of forestry and agricultural businesses via unmanned aerial vehicles or UAVs/drones. With our technology a business's cost of production is reduced, the efficiency of the green industrial processes increases, and the environment is protected. Key aspects of the technology we develop are swarm control, heavy payload drones (30kg) and efficient total logistics.

Celcibus

Seed Round in 2020
Celcibus AB is a Swedish innovation company specializing in materials for clean energy solutions, specifically through its development of patented catalyst technology. This technology enables the production of fuel cells that are sustainable and high-performing, entirely without noble metals. Celcibus's focus is on facilitating the global adoption of fuel cells by offering metal-free catalyst solutions suitable for various applications, including transportation, household use, and industrial purposes. The company's fossil-free products serve as a sustainable alternative for powering electrical applications, promoting the use of alternative energy in an environmentally friendly manner.

Foreseeti

Series A in 2020
Foreseeti AB is a technology company based in Stockholm, Sweden, specializing in automated threat modeling and attack simulation solutions. Founded in 2014, the company offers several products, including foreseeti, which allows organizations to model threats and simulate attacks on interconnected IT infrastructures, and securiCAD Vanguard, designed for cloud environments using data from AWS. Additionally, securiCAD Professional enables security architects and IT professionals to create virtual models and conduct simulations on existing and planned architectures, while securiCAD Enterprise provides enterprise-level features for collaboration, automated modeling, and reporting. Foreseeti serves various industries, including military, aviation, finance, energy, automotive, and manufacturing, and distributes its solutions through consultancies and resellers. The company's approach is appreciated for its practical applicability, leveraging AI to enhance cybersecurity management and provide valuable insights.

Bee Planet Factory

Seed Round in 2020
BeePlanet Factory develops technological projects based on the reuse of batteries removed from the electric car. These batteries are called B2U (Battery 2nd Use). At the end of their original application, they keep intact a large storage capacity (70%-80%) and still offer high performance, which makes them perfectly functional for other uses, such as stationary energy storage. The company was founded in 2018 and is headquartered in Noáin, Comunidad Foral de Navarra.

Cascade Drives

Seed Round in 2020
Cascade Drives AB, founded in 2014 and based in Stockholm, Sweden, specializes in manufacturing advanced power density cdGear-based solutions. The company's product lineup includes the CASCADE POWER electromechanical linear actuator, designed for electric forklifts; the CASCADE STEERING drive-by-wire electrical steering system for heavy-duty vehicles; and the CASCADE TORQUE gearbox, which is utilized in wind turbines and in-wheel propulsion systems. Cascade Drives focuses on delivering high-performing, eco-friendly, and cost-efficient solutions for industries such as mining, material handling, commercial transportation, and aircraft ground support. Their innovative technology allows for powerful linear drives that serve as efficient hydraulic replacements in electric vehicles, ultimately enhancing operational efficiency and reducing energy consumption for their customers.

AEInnova

Series A in 2020
AEInnova, founded in 2014 at the Autonomous University of Barcelona, specializes in innovative Internet of Things (IoT) solutions for predictive maintenance. The company was established by a team of PhDs and engineers with expertise in microelectronics and various engineering disciplines. AEInnova's flagship product, InduEye, is a fully battery-less and autonomous device that monitors vibrations, steam traps, and thermal conditions, harnessing energy from waste heat, with future versions incorporating solar and wind power. The technology stands out due to its patented innovation, which enhances performance and enables real-time edge computing while utilizing advanced wireless communication standards. AEInnova's devices are employed in diverse sectors, including oil and gas, aluminum, steel, paper, and water treatment, and feature a sophisticated IoT cloud-based dashboard for data analytics and predictive maintenance. The company has received 31 international awards for its contributions to sustainability and innovation and has secured significant investment, including funding from the European Commission. AEInnova is actively engaged in multiple EU R&D projects focused on energy harvesting and IoT technologies.

Wupatec

Seed Round in 2019
WUPATEC provides solutions to the telecommunication industry to solve the power consumption issue in mobile base stations, mainly due to the energy efficiency of power amplifiers. The company was founded in 2016 and is headquartered in Limoges, France.

Fibersail

Seed Round in 2019
Fibersail is a technology company specializing in the monitoring of wind turbine blades through an advanced shape sensing system based on Fiber Bragg Grating (FBG) fiber optic technology. Founded in 2014 and headquartered in Oeiras, Portugal, with an additional office in Rotterdam, Netherlands, Fibersail provides real-time analysis of the shape, condition, and behavior of wind turbine blades. This innovative service enables wind turbine operators to optimize performance and enhance availability while reducing the risk of failures and lowering maintenance costs. By integrating fiber optic sensors along the entire length of critical structures, Fibersail offers a straightforward solution for continuous monitoring, contributing to the overall safety and efficiency of wind energy infrastructure.

Verv

Series A in 2019
Verv Limited, founded in 2017 and based in London, operates a technology platform that focuses on enhancing the efficiency and sustainability of home appliances. The company specializes in high-speed data acquisition and artificial intelligence within the electrical domain, developing innovative predictive maintenance solutions for white goods manufacturers. Verv's patented technology captures detailed energy signatures of appliances, allowing it to detect performance anomalies and identify potential faults before they escalate. This capability provides manufacturers with real-time diagnostics, facilitating timely maintenance actions and reducing repair costs associated with warranty claims. By improving the longevity and energy efficiency of appliances, Verv contributes to a more sustainable consumer landscape while enhancing customer experiences through reduced appliance downtime. Its insights are also accessible via a smartphone application, streamlining maintenance for users and helping companies lower operational costs.

Klugit Energy

Pre Seed Round in 2018
Klugit Energy aims to deliver simple, quick and cheap demand-repose solutions to utilities and families with immediate benefits. Klugit is a smart plug that can be connected to any electric water tank, converting it into a smart one, Wi-Fi connected and smart-grid ready. Electric water heaters/tanks (EWS) waste a lot of energy in standby thermal losses (438 kWh/y for an 80L). Only in Europe there are around 28 mio EWS installed, equivalent to 12 TWh/y of wasted energy (same emissions as 2 mio cars per year). By installing Klugit and placing our sensor in external contact with hot water pipe, we use AI to learn your hot water usage routine and heat up water when you will actually need it, delivering immediate savings to families (>45 EUR/y). More importantly klugit is the cheapest and quickest way to provide “peak shaving” services for utilities, since it converts electric tanks into smart grid energy storage devices, solving one of renewable energy biggest problems.

Pamyra

Seed Round in 2018
Pamyra GmbH, founded in 2015 and based in Leipzig, Germany, specializes in freight forwarding services. The company provides an online platform that simplifies the logistics process by connecting shippers with certified forwarders and freight carriers. This platform allows users to quickly find available transportation options for various types of cargo, including large parcels, machines, furniture, and appliances. By integrating the concepts of carpooling and comparison shopping, Pamyra enables logistics dealers, shipping companies, and suppliers to efficiently book forwarding services and hire transporters without the need for prior registration.

Vertequip

Seed Round in 2018
Vertequip is a manufacturer based in Chamusca, Portugal, specializing in equipment, accessories, and services aimed at enhancing safety and productivity for work at heights. Founded in 2011, the company offers a diverse range of products designed for various applications, including façade access for buildings and customized platforms for shaft access in construction, mining, and energy sectors. Their offerings include solutions such as S.T.E.P. No Limits for harness access, S.T.E.P. Freedom for easy ascent and descent in tall structures, and specialized products for tasks in wind towers and offshore platforms. Vertequip's focus on improving safety and efficiency caters to the unique demands of industries operating in challenging environments.

DCbrain

Series A in 2018
DCbrain is a deep-tech software-as-a-service company based in Paris, France, specializing in the energy and supply chain sectors. Founded in 2014, the company provides an AI-powered optimization platform that integrates a visualization interface with a predictive analysis toolbox. This platform is designed to assist clients in identifying anomalies, preventing incidents, and forecasting the future developments of complex network configurations. By leveraging advanced artificial intelligence and Hybrid AI algorithms, DCbrain aims to enhance operational efficiency and decision-making for its users.

Minesto

Post in 2018
Minesto is a Swedish company focused on marine energy technology, with operations in Sweden, Wales, and Northern Ireland. Founded in 2007 by Magnus Landberg, the company is headquartered in Gothenburg. Minesto develops the Deep Green technology, which harnesses electricity from slow tidal and ocean currents using a turbine. The company aims to produce renewable energy from various ocean sources, including tidal streams, ocean currents, tidal range, waves, ocean thermal energy, and salinity gradients. Through its innovative solutions, Minesto seeks to contribute to the transition towards sustainable energy.

Eneida

Seed Round in 2018
Eneida designs and develops smart sensors and artificial intelligence applications for resilient and agile low voltage grid. Its product called Deep Grid is a collaborative energy IoT platform for the remote and online optimization of the low voltage network. The company aims to help electric utilities to make the most of their low voltage network. Eneida was founded in 2012 and is headquartered in Coimbra, Portugal.

Pamyra

Pre Seed Round in 2017
Pamyra GmbH, founded in 2015 and based in Leipzig, Germany, specializes in freight forwarding services. The company provides an online platform that simplifies the logistics process by connecting shippers with certified forwarders and freight carriers. This platform allows users to quickly find available transportation options for various types of cargo, including large parcels, machines, furniture, and appliances. By integrating the concepts of carpooling and comparison shopping, Pamyra enables logistics dealers, shipping companies, and suppliers to efficiently book forwarding services and hire transporters without the need for prior registration.

Swedish Algae Factory

Seed Round in 2017
Swedish Algae Factory AB, established in 2014 and located in Gothenburg, Sweden, specializes in algae cultivation and wastewater treatment systems. The company focuses on extracting nanoporous silica from silicon algae, a material that enhances the efficiency of solar panels by trapping visible light and blocking UV light. Laboratory tests have shown promising results in improving solar panel performance. Additionally, the nanoporous material has applications beyond energy, including use in skincare products for moisturizing, cleaning, and UV protection, thanks to its ability to absorb and release particles based on environmental conditions.

Minesto

Post in 2016
Minesto is a Swedish company focused on marine energy technology, with operations in Sweden, Wales, and Northern Ireland. Founded in 2007 by Magnus Landberg, the company is headquartered in Gothenburg. Minesto develops the Deep Green technology, which harnesses electricity from slow tidal and ocean currents using a turbine. The company aims to produce renewable energy from various ocean sources, including tidal streams, ocean currents, tidal range, waves, ocean thermal energy, and salinity gradients. Through its innovative solutions, Minesto seeks to contribute to the transition towards sustainable energy.

Enoware

Seed Round in 2015
enOware is a wireless, miniaturized geothermal measuring capsule. The measurement technology has already won over its first customers and aims to expand in Germany, where more than 300,000 geothermal probes are currently operating, and 20,000 new systems are built each year.

Sadako Technologies

Seed Round in 2015
Sadako Technologies, S.L. is a company based in L'Hospitalet de Llobregat, Spain, that specializes in artificial intelligence and robotics for waste management. Founded in 2012, the company develops advanced software and devices designed to improve waste sorting processes. Their innovative solutions utilize deep learning software and proprietary algorithms connected to a multi-layer neural network in the cloud, allowing robots to identify and sort items in complex waste streams effectively. This technology aims to enhance the efficiency of waste treatment plants, contributing to a cleaner and more sustainable environment. Sadako Technologies has received recognition for its innovation, including the “Seal of Excellence Certificate” from Horizon 2020 and accreditation as an “Innovative SME” by the Spanish Ministry of Economy. The company draws inspiration from Sadako Sasaki, a symbol of resilience and hope, which reflects its core values.

AEInnova

Private Equity Round in 2014
AEInnova, founded in 2014 at the Autonomous University of Barcelona, specializes in innovative Internet of Things (IoT) solutions for predictive maintenance. The company was established by a team of PhDs and engineers with expertise in microelectronics and various engineering disciplines. AEInnova's flagship product, InduEye, is a fully battery-less and autonomous device that monitors vibrations, steam traps, and thermal conditions, harnessing energy from waste heat, with future versions incorporating solar and wind power. The technology stands out due to its patented innovation, which enhances performance and enables real-time edge computing while utilizing advanced wireless communication standards. AEInnova's devices are employed in diverse sectors, including oil and gas, aluminum, steel, paper, and water treatment, and feature a sophisticated IoT cloud-based dashboard for data analytics and predictive maintenance. The company has received 31 international awards for its contributions to sustainability and innovation and has secured significant investment, including funding from the European Commission. AEInnova is actively engaged in multiple EU R&D projects focused on energy harvesting and IoT technologies.

ecop Technologies GmbH

ECOP Technologies GmbH, founded in 2007 and headquartered in Vienna, Austria, specializes in the development of advanced heat pump technology solutions for heating and cooling applications. The company manufactures rotation heat pumps for industrial use, utilizing a unique, multi-patented technology that enables high-temperature performance without the need for refrigerants. This innovation allows for flexible adaptation to various requirements while ensuring economic efficiency and energy recovery, thereby supporting environmental protection and cost savings for businesses. Production occurs in Upper Austria, while the development center is equipped with cutting-edge technologies in Vienna. ECOP has received multiple accolades, including the European Commission's European Environmental Award and the State Prize for Environmental Technology, recognizing its contributions to sustainable energy solutions.
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