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

Co-CEO, France and Executive Board Member

Lowina Lundström

CEO

Past deals in Biofuel

Nordic SeaFarm

Venture Round in 2024
Nordic SeaFarm is a producer of fair-trade seaweed, specializing in organic crop cultivation that utilizes carbon dioxide and phosphorus uptake. The company collaborates with various stakeholders in the food chain to develop innovative products and services related to aquaculture. By focusing on sustainable practices, Nordic SeaFarm aims to provide customers with a reliable and environmentally friendly source of food.

EcoBean

Seed Round in 2022
EcoBean specializes in transforming waste coffee grounds into valuable, eco-friendly products. The company's proprietary technology processes these grounds into sustainable raw materials and specialty chemicals, addressing a significant global waste issue while reducing carbon footprint. EcoBean collects spent coffee grounds from cafes and offices using designated bins and bags, then repurposes them into various bio-products such as briquettes, pellets, biodegradable flower pots, coffee capsules, oils, and fragrances. This approach not only decreases environmental impact but also creates economic value by providing sustainable alternatives to traditional fuel materials.

Camelina Company España

Seed Round in 2021
Camelina Company España is a leader in sustainable agriculture, specializing in the production of camelina, an industrial crop known for its environmental benefits. The company focuses on developing camelina plantations that yield oil and meal, primarily for use as feedstock in biojetfuel and biodiesel production. By introducing camelina into existing crop rotations, the company enhances agricultural sustainability without displacing food crops. Utilizing proprietary camelina seed varieties and advanced prediction models, Camelina Company optimizes elite varieties tailored to various cropping systems, ultimately helping farmers improve their profitability while promoting eco-friendly practices.

Ingelia

Series A in 2020
Ingelia is a technology-driven company based in Valencia, Spain, focused on research and development in the renewable energy sector. As a small to medium-sized enterprise, it is owned by multinational shareholders from Spain, Austria, England, and Italy. Ingelia operates hydrothermal carbonization plants that convert organic, vegetable, and food waste into biofuel. This innovative process transforms organic waste into hydrochar, significantly reducing greenhouse gas emissions. By enabling clients to valorize organic waste, Ingelia promotes sustainability and environmental protection through its advanced technology.

Naoden

Seed Round in 2020
Naoden, established in 2015 and based in Nantes, Pays de la Loire, specializes in manufacturing and integrating solutions for producing heat and electricity through biomass gasification. The company operates a network of compact bioenergetic power plants designed to generate electricity and heat from wood waste. These plants utilize a gasification unit to produce biogas, which is then converted into usable energy forms within two additional units. This process enables clients to efficiently manage their energy consumption, reduce waste, and lower energy costs.

RVE.SOL - Solucoes de Energia Rural

Series A in 2020
Rural populations forced reliance on biomass and kerosene for their energy needs is causing over 1.6M# deaths per annum. Their lack of access to clean water causes over 5M people to die; 2M of them are children under the age of 5. RVE.SOL's _Changing Rural Life Forever_ initiative is creating alternative, renewable energy choices for the rural poor, allowing them to take advantage of natural resources like sunlight, cattle manure and raw water to manage their own way to a better future. Our _KUDURA_ rural village energy hub is community managed; provides communities with potable water, solar electricity, biogas for cooking and organic fertiliser for agriculture. A holistic approach, the solution seeks to target the four areas of rural life that prevalently cause poverty to propagate: 1. Access to clean water to obviate transmission of water borne disease 2. Access to renewable electricity to obviate the dependance on kerosene for light and improve children's opportunity to study at night 3. Access to Biogas to obviate mass destruction of primary forest in a bid to be able to cook food 4. Access to fertiliser to reinvigorate over-used soils and so increase quality and quantity of crop harvest for subsistence farmers. Ultimately, this approach seeks to create wealth for rural farmers by offering a choie of more cost effective and efficient services utilising naturally available resources.

RVE.SOL - Solucoes de Energia Rural

Series A in 2018
Rural populations forced reliance on biomass and kerosene for their energy needs is causing over 1.6M# deaths per annum. Their lack of access to clean water causes over 5M people to die; 2M of them are children under the age of 5. RVE.SOL's _Changing Rural Life Forever_ initiative is creating alternative, renewable energy choices for the rural poor, allowing them to take advantage of natural resources like sunlight, cattle manure and raw water to manage their own way to a better future. Our _KUDURA_ rural village energy hub is community managed; provides communities with potable water, solar electricity, biogas for cooking and organic fertiliser for agriculture. A holistic approach, the solution seeks to target the four areas of rural life that prevalently cause poverty to propagate: 1. Access to clean water to obviate transmission of water borne disease 2. Access to renewable electricity to obviate the dependance on kerosene for light and improve children's opportunity to study at night 3. Access to Biogas to obviate mass destruction of primary forest in a bid to be able to cook food 4. Access to fertiliser to reinvigorate over-used soils and so increase quality and quantity of crop harvest for subsistence farmers. Ultimately, this approach seeks to create wealth for rural farmers by offering a choie of more cost effective and efficient services utilising naturally available resources.
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