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 Electric Vehicle

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.

GDI

Venture Round in 2024
GDI develops and manufactures silicon anodes for Li-ion batteries. The company was founded in 2009 and is based in Rochester, New York.

Verkor

Series C in 2023
Verkor is a manufacturer of battery cells dedicated to producing low-carbon batteries to meet the rising demand for electric vehicles. The company emphasizes the development of batteries that have a significantly smaller carbon footprint compared to traditional options, which not only reduces overall emissions but also lowers logistics costs. By utilizing carbon-free electricity in its production processes, Verkor aims to provide businesses with affordable battery solutions that align with sustainability goals.

Mob-Energy

Series A in 2023
Mob-Energy is a privately held company founded in 2018 and based in Villeurbanne, Auvergne-Rhône-Alpes. The company specializes in developing innovative mobile charging solutions for electric vehicles. Its autonomous charging robots are designed to optimize existing infrastructure by storing energy in second-life batteries installed in parking facilities. These robots can autonomously move to vehicles that request a charge, providing a convenient and efficient way for clients to power their parked cars. Through its technology, Mob-Energy aims to enhance the accessibility and usability of electric vehicle charging systems.

Zparq

Seed Round in 2023
Zparq designs and manufactures marine electric propulsion products, specializing in compact and scalable direct-drive systems for propeller-driven watercraft. Their technology aims to enhance marine electric propulsion by minimizing underwater drag and reducing production costs, while also featuring fewer failure points. This innovative approach enables clients in both the leisure boat and commercial vessel sectors to access efficient electric motor solutions, promoting sustainability and performance in marine applications.

GDI

Series A in 2022
GDI develops and manufactures silicon anodes for Li-ion batteries. The company was founded in 2009 and is based in Rochester, New York.

Basquevolt

Seed Round in 2022
Basquevolt is a developer of solid-state lithium battery technology aimed at enhancing the electrification of various sectors, including electric vehicles, aviation, stationary energy storage, and electronic devices. The company's innovative batteries are designed to provide a sustainable and safe alternative, featuring a high energy density of 500 Wh/kg, which can significantly improve performance and efficiency. By focusing on the development of superior materials and battery cells, Basquevolt seeks to facilitate the mass adoption of electric transportation, integrate with hydrogen-gas systems for stationary energy storage, and support advanced portable devices. This cost-competitive technology positions Basquevolt as a key player in the transition toward more efficient and environmentally friendly energy solutions.

The Batteries

Series A in 2022
The Batteries, founded in 2015 by a team of experienced engineers and managers, specializes in the design and manufacturing of advanced thin-film batteries. With over 15 years of expertise in vacuum-based equipment and in-line technological processes, the company focuses on delivering high-quality, cost-efficient manufacturing solutions. Its rechargeable batteries offer significant advantages over conventional lithium-ion batteries, including more than double the energy density, enhanced durability in aggressive environments, and rapid charging capabilities without the risks of fire or explosion. This combination of technological innovation and economic efficiency positions The Batteries as a reliable provider of alternative energy resources for various industries.

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.

Gleam

Seed Round in 2022
GLEAM, founded by Mario Eibl in 2013, specializes in developing modular light electric vehicle platforms, initially inspired by the need for efficient urban delivery solutions. The company manufactures cargo e-bikes designed to facilitate car-independent and emission-free urban transportation. These e-bikes feature ample cargo space, an electric engine that produces no local emissions, and advanced suspension systems for enhanced control in urban traffic. Currently, GLEAM offers one core vehicle in the "Pedelec" category, with plans to expand its product line to include higher-speed models in 2024. By focusing on innovative design and functionality, GLEAM aims to support sustainable urban mobility.

Skeleton Technologies

Series D in 2022
Skeleton Technologies is a manufacturer and developer specializing in ultracapacitors that utilize patented curved graphene material to achieve high energy and power density. The company provides advanced energy storage solutions designed for various industries, including automotive, transportation, industrial, and renewable energy markets. Their ultracapacitors are noted for delivering twice the energy density and four times the power density compared to other products in the market. This technology enables rapid recharging and long lifetimes, contributing to significant reductions in fuel consumption and carbon emissions. Skeleton Technologies serves a diverse customer base, which includes engineering firms, the European Space Agency, and leading automotive manufacturers.

Avocargo

Seed Round in 2021
Avocargo provide services involving shared electric freight bikes to urban users. Their application is used to rent their cargo bikes anywhere in their business areas and enabling users to carry goods in the bikes.

Verkor

Venture Round in 2021
Verkor is a manufacturer of battery cells dedicated to producing low-carbon batteries to meet the rising demand for electric vehicles. The company emphasizes the development of batteries that have a significantly smaller carbon footprint compared to traditional options, which not only reduces overall emissions but also lowers logistics costs. By utilizing carbon-free electricity in its production processes, Verkor aims to provide businesses with affordable battery solutions that align with sustainability goals.

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.

Gleam

Seed Round in 2021
GLEAM, founded by Mario Eibl in 2013, specializes in developing modular light electric vehicle platforms, initially inspired by the need for efficient urban delivery solutions. The company manufactures cargo e-bikes designed to facilitate car-independent and emission-free urban transportation. These e-bikes feature ample cargo space, an electric engine that produces no local emissions, and advanced suspension systems for enhanced control in urban traffic. Currently, GLEAM offers one core vehicle in the "Pedelec" category, with plans to expand its product line to include higher-speed models in 2024. By focusing on innovative design and functionality, GLEAM aims to support sustainable urban mobility.

Scoobic

Seed Round in 2020
Scoobic Group designs and manufactures multi-purpose electric vehicles specifically tailored for last-mile delivery in urban environments. These vehicles are customized for sustainable mobility, featuring attributes such as easy parking, substantial load capacity, and efficient autonomy. By prioritizing balanced loads and eco-friendly designs, Scoobic enables businesses to enhance their transportation capabilities while minimizing their carbon footprint. This focus on sustainability and efficiency positions Scoobic as a key player in the evolving landscape of urban logistics.

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.

Elaphe

Series A in 2020
Elaphe specializes in the development and manufacturing of in-wheel electric motor technology for electric and hybrid vehicles. This innovative approach enables vehicle manufacturers to explore new design possibilities and address evolving mobility needs. By focusing on distributed direct drive architecture, Elaphe aims to enhance efficiency and reduce environmental impact, potentially saving millions of tons of raw materials, energy, and carbon emissions annually. The company has successfully produced multiple generations of in-wheel motor prototypes, which are currently undergoing testing on various vehicles, serving as showcases for potential customers. Elaphe is also positioned to meet the demands of serial production for Tier 1 suppliers and original equipment manufacturers. In addition to its core technology, Elaphe has extensive expertise in renewable energy and electric mobility, bolstered by strategic research collaborations that have facilitated networking within the industry.

Gleam

Seed Round in 2020
GLEAM, founded by Mario Eibl in 2013, specializes in developing modular light electric vehicle platforms, initially inspired by the need for efficient urban delivery solutions. The company manufactures cargo e-bikes designed to facilitate car-independent and emission-free urban transportation. These e-bikes feature ample cargo space, an electric engine that produces no local emissions, and advanced suspension systems for enhanced control in urban traffic. Currently, GLEAM offers one core vehicle in the "Pedelec" category, with plans to expand its product line to include higher-speed models in 2024. By focusing on innovative design and functionality, GLEAM aims to support sustainable urban mobility.

Mob-Energy

Seed Round in 2020
Mob-Energy is a privately held company founded in 2018 and based in Villeurbanne, Auvergne-Rhône-Alpes. The company specializes in developing innovative mobile charging solutions for electric vehicles. Its autonomous charging robots are designed to optimize existing infrastructure by storing energy in second-life batteries installed in parking facilities. These robots can autonomously move to vehicles that request a charge, providing a convenient and efficient way for clients to power their parked cars. Through its technology, Mob-Energy aims to enhance the accessibility and usability of electric vehicle charging systems.

Kumpan Electric

Venture Round in 2020
Kumpan Electric, also known as e-bility GmbH, is a manufacturer specializing in electric scooters and e-mobility solutions, as well as portable energy storage systems, all produced in Europe. The company develops and sells stylish electric vehicles capable of speeds ranging from 20 to 120 km/h, catering to individual consumers, fleet operators, and sharing companies. Kumpan Electric aims to promote sustainable transportation alternatives by offering flexible battery technology, enabling users to travel in an environmentally friendly manner while achieving zero emissions.

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.

Gleam

Pre Seed Round in 2018
GLEAM, founded by Mario Eibl in 2013, specializes in developing modular light electric vehicle platforms, initially inspired by the need for efficient urban delivery solutions. The company manufactures cargo e-bikes designed to facilitate car-independent and emission-free urban transportation. These e-bikes feature ample cargo space, an electric engine that produces no local emissions, and advanced suspension systems for enhanced control in urban traffic. Currently, GLEAM offers one core vehicle in the "Pedelec" category, with plans to expand its product line to include higher-speed models in 2024. By focusing on innovative design and functionality, GLEAM aims to support sustainable urban mobility.

Ferroamp Elektronik

Seed Round in 2016
Ferroamp Elektronik AB develops, manufactures, and markets innovative power electronics for a more efficient use of electrical energy. Its first product is ACE. Based on our 4-quadrant inverter technology ACE enables faster EV charging and reduced grid fees. ACE is part of the modular EnergyHub system that can be expanded with solar cells and energy storage as the need arises. This smart grid concept improves the versatility and profitability of solar cell installations and it brings benefits to homeowners as well as grid companies.

Place to Plug

Convertible Note in 2015
Place to Plug is an EV charging platform powered by AI and Blockchain that connects EV drivers and charging points. We are creating an extensive global wide charging network by bringing together disperse public and private charging points in one collaborative platform. Our vision: to be a referral electric vehicle charging platform worldwide.

GDI

GDI develops and manufactures silicon anodes for Li-ion batteries. The company was founded in 2009 and is based in Rochester, New York.
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