EIT InnoEnergy

Founded in 2010, EIT InnoEnergy is a leading European innovation engine focused on Sustainable Energy. It invests in early-stage climate tech and energy companies across Europe and the US, providing equity minority investments and added value services to de-risk projects.

Mikel Lasa

Managing Director

Lowina Lundström

CEO

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

Past deals in Energy

FutureVoltaics

Seed Round in 2024
FutureVoltaics is a renewable energy technology company that specializes in solar power solutions. It manufactures innovative, vertical bifacial solar panels equipped with unique reflectors, designed to generate energy efficiently even in challenging weather conditions such as winter, early morning, late afternoon, and cloudy days. This innovative approach aims to provide customers with affordable, reliable power while minimizing maintenance requirements.

Heliup

Venture Round in 2024
Heliup is a company focused on the development and manufacturing of solar photovoltaic systems tailored for large commercial and industrial building rooftops. By creating lightweight solar modules, Heliup addresses the specific energy needs and structural limitations of these buildings. The company's solutions are designed to help building owners manage energy costs effectively while ensuring reliability and efficiency. Heliup's innovative approach enables enhanced energy self-consumption, making solar power more accessible and practical for large-scale applications.

Kerionics

Venture Round in 2024
Kerionics is a technology-based company focused on the development and production of ceramic membrane modules designed for the separation of oxygen from air. The company specializes in research and development within the fields of chemical engineering and ceramic technology, leveraging its innovations to benefit industries that have high oxygen consumption. Kerionics aims to address the needs of sectors such as ceramics, glassmaking, metallurgy, petrochemicals, and oil refining, helping these industries reduce costs associated with oxygen generation and supply. By utilizing residual heat from thermal combustion processes, Kerionics' technology enhances energy efficiency, lowers fuel expenses, and improves product competitiveness for its clients.

Phoenix BioPower

Venture Round in 2024
Phoenix BioPower specializes in manufacturing renewable energy equipment. Its core product is a biomass technology designed to generate power efficiently from biomass sources.

RenerCycle

Venture Round in 2024
RenerCycle is a company dedicated to developing solutions for the circular economy within the wind energy sector. Its mission is to minimize the consumption of natural resources and reduce waste, thereby driving the growth of renewable energy. The company operates both nationally and internationally, promoting a non-linear production and consumption model that maximizes the value of products, materials, and resources, and minimizes waste. RenerCycle provides clients with strategies and policies to support the promotion and development of these circular economy solutions.

CorPower Ocean

Series B in 2024
Founded in 2009, CorPower Ocean develops high-efficiency Wave Energy Converters (WECs). Its patented technology features a heaving buoy connected to the seabed via a taut mooring line, enabling a lightweight system with high natural frequency of oscillation. This results in five times higher annual energy output compared to traditional solutions, making it cost-competitive with offshore wind. The company is based in Sweden with additional offices in Portugal, Norway, and the UK.

Pionierkraft

Series A in 2024
Founded in 2019, Pionierkraft is a Munich-based company that develops sustainable solutions to increase on-site energy consumption. It focuses on making renewable energy affordable and accessible by facilitating its distribution among neighboring households.

Zeleros

Venture Round in 2024
Zeleros is a Spanish company specializing in the development of hyperloop technology, positioning itself as a pioneer in the fifth mode of transportation. The company focuses on optimizing vehicles to lower infrastructure costs while ensuring safer pressure levels for passengers. Zeleros aims to design and implement sustainable transport solutions that allow travel at speeds of up to 1000 km/h using clean energy. This is achieved through a system of depressurized tubes that combines elements from both the aerospace and railway industries. The company is actively preparing to construct a 2-kilometer test track in Valencia for high-speed demonstrations and is collaborating with various partners, including prominent companies and research institutions. Zeleros is also engaged in an international effort to establish hyperloop standards for global interoperability. With over €1.5 million secured from two funding rounds, Zeleros is positioned to enhance intercity transport and logistics, addressing mobility challenges in urban areas and improving regional competitiveness.

Holosolis

Seed Round in 2024
Holosolis is a European manufacturer specializing in the production of photovoltaic modules. Its mission is to support the EU's energy sovereignty objectives and combat global warming. The company aims to construct Europe's largest photovoltaic panel factory, offering a scalable, low-carbon footprint, and socially responsible solution to meet the increasing demand for renewable energy.

Hymeth

Venture Round in 2024
Founded in 2016, Hymeth is a Danish company specializing in the production of sustainable gases. It develops an electromagnetic electrolyzer that splits water into hydrogen and oxygen, which is then converted into methane for various industries.

Solaqua

Venture Round in 2024
Solaqua provides solution that focus on power electronics management, narrowing gap between large PV installations and irrigation systems.

ecop Technologies GmbH

Venture Round in 2024
ECOP Technologies GmbH is a high-tech company based in Vienna, Austria, specializing in the development of innovative heat pump technology for industrial heating and cooling applications. Founded in 2007, the company manufactures rotation heat pumps that utilize a novel, multi-patented technology, allowing for energy recovery while minimizing environmental impact and reducing costs. These heat pumps operate efficiently at high temperatures without the need for refrigerants, employing a rotational compression method that enhances overall performance. ECOP has production facilities in Upper Austria and a state-of-the-art development center in Vienna. The company has received multiple accolades for its contributions to environmental technology, including the European Commission's European Environmental Award and the State Prize for Environmental Technology.

Vertequip

Venture Round in 2024
Founded in 2011, Vertequip specializes in developing equipment and services designed to enhance safety and productivity for workers at heights. Its innovative solutions include products like S.T.E.P. No Limits, S.T.E.P. Freedom, and S.T.E.P. UP, catering to various industries such as construction, mining, and energy.

Flexidao

Venture Round in 2024
Flexidao develops software that uses blockchain technology to trace and certify electricity from production to consumption. This enables businesses to understand the carbon footprint of their energy usage, facilitating the procurement of cleaner electricity and driving operational decarbonization.

QIEN

Venture Round in 2024
Qien is an IT services and consulting firm specializing in energy management solutions. The company has developed a building management system that utilizes self-learning software to monitor and optimize the energy consumption of various devices. Its smart energy system employs an intelligent algorithm to forecast energy demand based on local weather conditions, allowing clients in the real estate sector to effectively navigate the challenges posed by fluctuating indoor environments. By ensuring the optimal distribution of sustainable energy, Qien supports its clients in enhancing climate control and improving overall energy efficiency.

Enline

Seed Round in 2024
Enline is a global software company specializing in Digital Twin technology for power grids. The company's IIoT software creates and operates digital representations of assets, capturing electrical, mechanical and thermal behavior without the need for sensors, and can be deployed remotely in days at a competitive cost. It serves clients across power generation, transmission and distribution, industry, mining and financial sectors, with customers on five continents and offices in Portugal, Germany, Brazil and Peru. Enline's platform enables predictive and real-time monitoring, fault detection, transmission loss reduction, system modeling, forecasting, design and optimization, helping grid operators improve asset efficiency, availability and reliability while lowering operational costs. The company emphasizes speed of innovation, vertical expertise and global reach to simplify complex grid challenges at scale.

suena

Seed Round in 2023
suena is an energy technology company that provides AI-driven operation and trading software for energy storage and renewable assets. Its platform uses machine learning, forecasting, and real-time algorithms to optimize participation in energy and balancing markets, helping customers maximize profits, stabilize revenues, and extend storage lifetimes. The system supports optimized marketing for stand-alone storage and for combinations of photovoltaic (PV) or wind with storage, as well as direct marketing of renewable energies. It also offers portfolio optimization and white-label partner solutions to improve efficiency and reduce risk for energy storage investments, and to aid investment decisions for energy storage systems.

TokWise

Venture Round in 2023
TokWise is a technology company specializing in green energy portfolio optimization. Its platform offers automated energy data management, advanced portfolio forecasting, real-time position management, and commercial optimization tools to help clients make informed decisions and maximize returns.

Energiot

Seed Round in 2023
Energiot specializes in engineering services focused on energy harvesting. They develop autonomous, miniaturized wireless sensor nodes that convert ambient energy into electricity using piezoelectric materials.

Heliup

Venture Round in 2023
Heliup is a company focused on the development and manufacturing of solar photovoltaic systems tailored for large commercial and industrial building rooftops. By creating lightweight solar modules, Heliup addresses the specific energy needs and structural limitations of these buildings. The company's solutions are designed to help building owners manage energy costs effectively while ensuring reliability and efficiency. Heliup's innovative approach enables enhanced energy self-consumption, making solar power more accessible and practical for large-scale applications.

Novatron

Seed Round in 2023
Novatron is focused on developing a proprietary fusion power concept aimed at producing clean, sustainable energy. Collaborating with physicists, engineers, and academic institutions, the company seeks to create an energy system that not only reduces reliance on fossil fuels but also minimizes greenhouse gas emissions. By advancing fusion energy technology, Novatron aims to provide abundant and renewable energy solutions, contributing to a more sustainable future for humanity.

RenerCycle

Venture Round in 2023
RenerCycle is a company dedicated to developing solutions for the circular economy within the wind energy sector. Its mission is to minimize the consumption of natural resources and reduce waste, thereby driving the growth of renewable energy. The company operates both nationally and internationally, promoting a non-linear production and consumption model that maximizes the value of products, materials, and resources, and minimizes waste. RenerCycle provides clients with strategies and policies to support the promotion and development of these circular economy solutions.

iON-ENERGY

Venture Round in 2023
iON-ENERGY is a renewable energy company that manufactures innovative, self-charging devices designed to generate electricity from the Earth's atmosphere. Their technology converts always-available atmospheric energy, independent of location, weather, or temperature, enabling consumers to produce electricity for home use at a competitive upfront cost, comparable to solar panels.

FutureVoltaics

Pre Seed Round in 2023
FutureVoltaics is a renewable energy technology company that specializes in solar power solutions. It manufactures innovative, vertical bifacial solar panels equipped with unique reflectors, designed to generate energy efficiently even in challenging weather conditions such as winter, early morning, late afternoon, and cloudy days. This innovative approach aims to provide customers with affordable, reliable power while minimizing maintenance requirements.

Phytonics

Seed Round in 2023
Phytonics specializes in designing and providing anti-reflective coating products for photovoltaic modules. These coatings offer superior light-trapping capabilities, enhancing solar energy absorption and facilitating the transition to renewable energy sources.

Novatron

Seed Round in 2022
Novatron is focused on developing a proprietary fusion power concept aimed at producing clean, sustainable energy. Collaborating with physicists, engineers, and academic institutions, the company seeks to create an energy system that not only reduces reliance on fossil fuels but also minimizes greenhouse gas emissions. By advancing fusion energy technology, Novatron aims to provide abundant and renewable energy solutions, contributing to a more sustainable future for humanity.

Silbat

Seed Round in 2022
Silbat develops molten silicon batteries for long-duration energy storage, using the latent heat of fusion of metal-grade silicon to store energy for up to about 100 hours. The device back-converts stored heat to electricity via thermophotovoltaics, enabling cost-effective dispatchable storage with a capital expenditure under $10 per kilowatt-hour that can support 100% dispatchability of variable renewable energy and compete with fossil and nuclear plants on price.

Elestor

Venture Round in 2022
Elestor BV, founded in 2014 by Wiebrand Kout and headquartered in Arnhem, the Netherlands, specializes in energy storage systems aimed at optimizing the use of self-generated renewable electricity. The company focuses on developing large-scale, cost-effective technologies that can be integrated with hydrogen infrastructures and electrolyzers. This integration significantly reduces the production costs of green hydrogen, allowing clients to lower their electricity storage expenses. Elestor's innovative approach positions it as a key player in the renewable energy sector, facilitating the efficient storage of electricity and promoting sustainable energy solutions.

Flexidao

Series A in 2022
Flexidao develops software that uses blockchain technology to trace and certify electricity from production to consumption. This enables businesses to understand the carbon footprint of their energy usage, facilitating the procurement of cleaner electricity and driving operational decarbonization.

suena

Pre Seed Round in 2022
suena is an energy technology company that provides AI-driven operation and trading software for energy storage and renewable assets. Its platform uses machine learning, forecasting, and real-time algorithms to optimize participation in energy and balancing markets, helping customers maximize profits, stabilize revenues, and extend storage lifetimes. The system supports optimized marketing for stand-alone storage and for combinations of photovoltaic (PV) or wind with storage, as well as direct marketing of renewable energies. It also offers portfolio optimization and white-label partner solutions to improve efficiency and reduce risk for energy storage investments, and to aid investment decisions for energy storage systems.

ecop Technologies GmbH

Funding Round in 2022
ECOP Technologies GmbH is a high-tech company based in Vienna, Austria, specializing in the development of innovative heat pump technology for industrial heating and cooling applications. Founded in 2007, the company manufactures rotation heat pumps that utilize a novel, multi-patented technology, allowing for energy recovery while minimizing environmental impact and reducing costs. These heat pumps operate efficiently at high temperatures without the need for refrigerants, employing a rotational compression method that enhances overall performance. ECOP has production facilities in Upper Austria and a state-of-the-art development center in Vienna. The company has received multiple accolades for its contributions to environmental technology, including the European Commission's European Environmental Award and the State Prize for Environmental Technology.

DCbrain

Venture Round in 2022
DCbrain is a deep-tech SaaS company that provides an optimization platform for the energy and supply chain sectors. The platform uses artificial intelligence and hybrid AI techniques to address complex network configurations, combining a visualization interface with a predictive analytics toolbox to help clients identify anomalies, prevent incidents, and forecast the future evolution of their networks. The solution relies on graph-based models and machine learning to ease operation and maintenance of industrial systems such as gas, water, electricity and logistics networks. Founded in 2014 and headquartered in Paris, DCbrain serves organizations seeking to optimize performance, reliability and resilience of their critical networks.

Gleam

Seed Round in 2022
GLEAM, founded by Mario Eibl in 2013, is a technology company specializing in the development of modular light electric vehicles, specifically cargo e-bikes. The company's journey began in 2010 when a messenger in Vienna sought an efficient vehicle for urban deliveries. GLEAM's flagship product, categorized as a "Pedelec," is designed to facilitate car-independent and emission-free urban movement. This e-bike features ample cargo space, an electric engine, and front and rear suspension, allowing users to navigate urban traffic effectively while accommodating their cargo needs. GLEAM plans to expand its portfolio with higher-speed vehicles in 2024, further enhancing its commitment to sustainable urban mobility.

Bamboo Energy

Seed Round in 2021
Bamboo Energy develops a platform for retailers and energy aggregators to manage and monetize distributed energy flexibility resources. The solution aims to accelerate the energy transition by making cleaner and cheaper energy more accessible and supports the integration of more renewable energy sources. The software forecasts consumption, flexibility, and market conditions for portfolio management, and helps operate and derive value from a portfolio of customers by participating in various electricity markets in an aggregated, coordinated manner. It uses artificial intelligence, mathematical optimization models, and cloud computing to optimize asset performance, improve operational efficiency, and enhance client operations across distributed energy resources.

Ngenic

Post in 2021
Ngenic is an independent energy technology company focused on digitizing and streamlining energy systems. Its smart thermostat system enables remote management via mobile, computer, or tablet and helps users reduce energy waste by up to 15%. The company serves energy companies, property owners, tenant-owner associations, and homeowners, offering a solution that integrates into existing infrastructures to optimize heating and energy use. Ngenic aims to improve energy efficiency through digital controls and analytics, enabling customers to monitor consumption, adjust settings, and realize cost savings. By combining intelligent hardware and software, Ngenic supports both residential and commercial applications, delivering measurable efficiency improvements and contributing to grid stability and sustainability objectives.

Bamboo Energy

Seed Round in 2021
Bamboo Energy develops a platform for retailers and energy aggregators to manage and monetize distributed energy flexibility resources. The solution aims to accelerate the energy transition by making cleaner and cheaper energy more accessible and supports the integration of more renewable energy sources. The software forecasts consumption, flexibility, and market conditions for portfolio management, and helps operate and derive value from a portfolio of customers by participating in various electricity markets in an aggregated, coordinated manner. It uses artificial intelligence, mathematical optimization models, and cloud computing to optimize asset performance, improve operational efficiency, and enhance client operations across distributed energy resources.

Sensorfact

Series A in 2021
Sensorfact offers an intelligent energy management system for industrial and SME operations. It uses low-cost, non-intrusive wireless sensors to measure real-time energy consumption, monitor energy flows, and track savings. The platform provides reporting, analysis, and full integration of data to enable actions that reduce energy use, cut energy bills, and lower carbon emissions. It is designed as a practical sustainability advisor, translating efficiency goals into clear, actionable steps without relying on complex equipment or software. Founded in 2016 and headquartered in Utrecht, Netherlands, Sensorfact focuses on making energy management straightforward for manufacturing and related sectors.

Pionierkraft

Seed Round in 2021
Founded in 2019, Pionierkraft is a Munich-based company that develops sustainable solutions to increase on-site energy consumption. It focuses on making renewable energy affordable and accessible by facilitating its distribution among neighboring households.

Solarworx

Seed Round in 2021
Solarworx, established in 2017 with its headquarters in Berlin, Germany, specializes in developing smart solar solutions for off-grid households and businesses. The company manufactures modular, grid-based solar systems designed to meet both current and future electricity demands efficiently and cost-effectively. These systems enable energy consumers to harness solar power independently.

Gleam

Seed Round in 2021
GLEAM, founded by Mario Eibl in 2013, is a technology company specializing in the development of modular light electric vehicles, specifically cargo e-bikes. The company's journey began in 2010 when a messenger in Vienna sought an efficient vehicle for urban deliveries. GLEAM's flagship product, categorized as a "Pedelec," is designed to facilitate car-independent and emission-free urban movement. This e-bike features ample cargo space, an electric engine, and front and rear suspension, allowing users to navigate urban traffic effectively while accommodating their cargo needs. GLEAM plans to expand its portfolio with higher-speed vehicles in 2024, further enhancing its commitment to sustainable urban mobility.

CorPower Ocean

Venture Round in 2021
Founded in 2009, CorPower Ocean develops high-efficiency Wave Energy Converters (WECs). Its patented technology features a heaving buoy connected to the seabed via a taut mooring line, enabling a lightweight system with high natural frequency of oscillation. This results in five times higher annual energy output compared to traditional solutions, making it cost-competitive with offshore wind. The company is based in Sweden with additional offices in Portugal, Norway, and the UK.

Meva Energy

Seed Round in 2021
Meva Energy is a Swedish company established in 2008 that specializes in gasification technology for generating renewable energy from small fraction fuels. The company focuses on biomass gasification to produce power and heat energy, which can be utilized for various applications such as heating buildings, melting materials, running engines, and boiling water. By offering a sustainable solution for energy production, Meva Energy enables its clients to achieve profitability while contributing to environmental sustainability.

Enline

Seed Round in 2020
Enline is a global software company specializing in Digital Twin technology for power grids. The company's IIoT software creates and operates digital representations of assets, capturing electrical, mechanical and thermal behavior without the need for sensors, and can be deployed remotely in days at a competitive cost. It serves clients across power generation, transmission and distribution, industry, mining and financial sectors, with customers on five continents and offices in Portugal, Germany, Brazil and Peru. Enline's platform enables predictive and real-time monitoring, fault detection, transmission loss reduction, system modeling, forecasting, design and optimization, helping grid operators improve asset efficiency, availability and reliability while lowering operational costs. The company emphasizes speed of innovation, vertical expertise and global reach to simplify complex grid challenges at scale.

Celcibus

Seed Round in 2020
Celcibus AB is a Swedish innovation company specializing in materials for clean energy solutions. The company has developed a patented catalyst designed to enhance fuel cell performance without the use of noble metals. This technology aims to support the broader adoption of fuel cells in various sectors, including transportation, household, and industrial applications. By offering fossil-free products, Celcibus provides a sustainable alternative for powering electrical applications, thereby facilitating the global transition to alternative energy sources. The company's expertise in metal-free catalyst technology positions it as a key player in promoting cleaner energy solutions.

Eneida

Series A in 2020
Eneida Wireless & Sensors, SA is a company based in Coimbra, Portugal, specializing in the development of solutions for optimizing electric grid assets. Founded in 2012, Eneida focuses on creating smart sensors and artificial intelligence applications to enhance the resilience and efficiency of low voltage networks. Its key offerings include a Low Voltage Monitoring system that alerts staff to equipment failures, Theft Avoidance Smart Systems to combat theft in secondary distribution substations, and a Smart Flooding Solution to prevent flooding in underground installations. Additionally, the company provides monitoring and control solutions for Rural PV Parks, enabling real-time oversight of equipment and production in remote areas. Eneida's collaborative energy IoT platform, known as Deep Grid, integrates smart sensor networks with data analytics to facilitate the optimization of grid-critical assets, aiming to support electric utilities in delivering reliable and affordable energy.

Wattsun

Seed Round in 2020
Wattsun is a company established in 2016 and headquartered in Arnhem, Gelderland, that specializes in the development of portable lithium-ion battery systems for professional use on-site. The company's energy storage solutions are designed as high-quality, plug-and-play batteries that offer flexibility in site layout and a reliable energy supply. By allowing the arrangement of multiple units, Wattsun's systems enable industries to operate heavy equipment with a reduced carbon footprint. This innovative approach to energy distribution supports various applications while promoting sustainability in energy consumption.

Smartive

Seed Round in 2020
Smartive is a Barcelona-based company founded in 2013 that specializes in the development of intelligent platforms aimed at enhancing the operation and efficiency of the energy market, particularly in the wind energy sector. The company offers a range of advanced services, including real-time SCADA data processing and diagnostic solutions for wind turbines. Smartive's technology employs artificial intelligence, cloud computing, and data mining algorithms to deliver cost-effective and precise monitoring systems. Its products include tools for supervision, monitoring, and performance optimization, as well as user-friendly interfaces that provide accurate real-time data analysis accessible via web-connected devices. Committed to sustainable growth and the promotion of renewable energy, Smartive plays a significant role in advancing energy efficiency within the industry.

Hymeth

Seed Round in 2020
Founded in 2016, Hymeth is a Danish company specializing in the production of sustainable gases. It develops an electromagnetic electrolyzer that splits water into hydrogen and oxygen, which is then converted into methane for various industries.

Enervalis

Series A in 2020
Enervalis develops software that optimizes sustainable energy use. Its platform monitors energy sources and demand, predicts future needs using AI and big data, and distributes energy efficiently among users.

Meva Energy

Seed Round in 2020
Meva Energy is a Swedish company established in 2008 that specializes in gasification technology for generating renewable energy from small fraction fuels. The company focuses on biomass gasification to produce power and heat energy, which can be utilized for various applications such as heating buildings, melting materials, running engines, and boiling water. By offering a sustainable solution for energy production, Meva Energy enables its clients to achieve profitability while contributing to environmental sustainability.

Solarworx

Seed Round in 2020
Solarworx, established in 2017 with its headquarters in Berlin, Germany, specializes in developing smart solar solutions for off-grid households and businesses. The company manufactures modular, grid-based solar systems designed to meet both current and future electricity demands efficiently and cost-effectively. These systems enable energy consumers to harness solar power independently.

CorPower Ocean

Venture Round in 2020
Founded in 2009, CorPower Ocean develops high-efficiency Wave Energy Converters (WECs). Its patented technology features a heaving buoy connected to the seabed via a taut mooring line, enabling a lightweight system with high natural frequency of oscillation. This results in five times higher annual energy output compared to traditional solutions, making it cost-competitive with offshore wind. The company is based in Sweden with additional offices in Portugal, Norway, and the UK.

Sensorfact

Seed Round in 2020
Sensorfact offers an intelligent energy management system for industrial and SME operations. It uses low-cost, non-intrusive wireless sensors to measure real-time energy consumption, monitor energy flows, and track savings. The platform provides reporting, analysis, and full integration of data to enable actions that reduce energy use, cut energy bills, and lower carbon emissions. It is designed as a practical sustainability advisor, translating efficiency goals into clear, actionable steps without relying on complex equipment or software. Founded in 2016 and headquartered in Utrecht, Netherlands, Sensorfact focuses on making energy management straightforward for manufacturing and related sectors.

LeadCold

Series A in 2020
LeadCold follows the path of least resistance for nuclear power to disrupt traditional and renewable power sources

Pionierkraft

Seed Round in 2020
Founded in 2019, Pionierkraft is a Munich-based company that develops sustainable solutions to increase on-site energy consumption. It focuses on making renewable energy affordable and accessible by facilitating its distribution among neighboring households.

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.

Beedata Analytics

Seed Round in 2020
Beedata Analytics is a spin-off of the BEE Group, focused on providing big data solutions for small and medium energy retailers. Founded in 2017, the company leverages over a decade of research in the European energy market to develop an open-source platform that facilitates customer engagement and business intelligence. This platform transforms smart meter data into actionable insights, addressing both customer information needs and internal business intelligence requirements. By offering advanced data analytics, Beedata enables energy companies to enhance customer loyalty, improve energy awareness, increase the productivity of sales and service teams, and optimize their business development efforts.

Celcibus

Seed Round in 2020
Celcibus AB is a Swedish innovation company specializing in materials for clean energy solutions. The company has developed a patented catalyst designed to enhance fuel cell performance without the use of noble metals. This technology aims to support the broader adoption of fuel cells in various sectors, including transportation, household, and industrial applications. By offering fossil-free products, Celcibus provides a sustainable alternative for powering electrical applications, thereby facilitating the global transition to alternative energy sources. The company's expertise in metal-free catalyst technology positions it as a key player in promoting cleaner energy solutions.

Foreseeti

Series A in 2020
Foreseeti AB, founded in 2014 and based in Stockholm, Sweden, is a technology company that specializes in automated threat modeling and attack simulation solutions. Its flagship products include securiCAD, which encompasses various offerings such as securiCAD Vanguard for cloud environments and securiCAD Professional for cybersecurity in design phases. These tools enable organizations to model threats and conduct attack simulations on complex IT infrastructures, providing crucial insights into their cybersecurity posture. Foreseeti's solutions are beneficial across multiple sectors, including military, aviation, finance, energy, automotive, and manufacturing. The company markets its products through consultancies and resellers, focusing on delivering a practical and hands-on approach to cybersecurity challenges. With a team of experienced professionals, Foreseeti aims to simplify the complexities of cybersecurity management, helping organizations proactively enhance their security architecture.

Gleam

Seed Round in 2020
GLEAM, founded by Mario Eibl in 2013, is a technology company specializing in the development of modular light electric vehicles, specifically cargo e-bikes. The company's journey began in 2010 when a messenger in Vienna sought an efficient vehicle for urban deliveries. GLEAM's flagship product, categorized as a "Pedelec," is designed to facilitate car-independent and emission-free urban movement. This e-bike features ample cargo space, an electric engine, and front and rear suspension, allowing users to navigate urban traffic effectively while accommodating their cargo needs. GLEAM plans to expand its portfolio with higher-speed vehicles in 2024, further enhancing its commitment to sustainable urban mobility.

Naoden

Seed Round in 2020
Founded in 2015, Naoden specializes in manufacturing and integrating solutions for heat and electricity production through biomass gasification. Headquartered in Nantes, France, the company operates compact bioenergetic power plants that convert wood waste into biogas, generating electricity and heat while helping businesses manage energy efficiently.

Energiency

Series A in 2020
Energiency provides a software as a service platform that helps industrial and manufacturing organizations assess and manage energy performance. Its AI-based energy analytics detects and visualizes new energy savings opportunities, offering monitoring, diagnostics, and action plans to optimize energy use across web and mobile interfaces. The platform supports continuous improvement by delivering ongoing energy plans, enabling plants and facilities to identify savings opportunities, reduce energy consumption, and lower carbon dioxide emissions.

Ener-Pacte

Seed Round in 2020
Ener-Pacte specializes in the operation, security, and optimization of photovoltaic power plants, addressing the increasing challenges faced by large-scale solar installations in France and beyond. The company offers comprehensive support to owners of non-professional photovoltaic systems, focusing on enhancing the financial performance of these projects. By providing practical and effective solutions, Ener-Pacte aims to ensure the profitability and sustainability of photovoltaic plants, helping clients secure their income and navigate the complexities of the solar energy market.

AEInnova

Series A in 2020
AEInnova develops autonomous industrial monitoring devices for predictive maintenance. Its flagship device InduEye is battery-free, self-powered, and capable of edge computing for real-time vibration, thermal, and steam-trap monitoring, powered by waste heat with optional solar or wind energy. It uses LoRaWAN or NB-IoT/LTE-CAT M for communications and streams data to cloud dashboards with analytics, alarms, and environmental impact analysis. The system aims to reduce downtime and maintenance costs through non-invasive, self-sustaining monitoring. Certifications include CE and ATEX/IECEX, with FCC ongoing. The technology is deployed across sectors such as oil and gas, aluminium, steel, paper, rubber, water treatment, and energy, with customers including Repsol, Cepsa, ArcelorMittal, Enel, and others. AEInnova has been recognized as a leading EU scale-up with multiple awards and EC funding, and participates in EU R&D initiatives related to energy harvesting and high-temperature IoT.

Wupatec

Seed Round in 2019
Wupatec is a French company based in Limoges, founded in 2016, specializing in advanced envelope tracking (ET) modulation technology for the telecommunications industry. Its primary focus is on enhancing the energy efficiency of power amplifiers used in wireless devices, which is critical for applications such as mobile telephony, 4G and 5G networks, and satellite communications. By minimizing energy waste in power amplifier circuits, Wupatec's solutions help telecom companies reduce power consumption and their overall carbon footprint. The company's technology not only addresses the challenges of power efficiency but also emphasizes compactness and cost-effectiveness across a wide range of frequency bands, making it a valuable asset for mobile base stations and other wireless communication systems.

Energiency

Venture Round in 2019
Energiency provides a software as a service platform that helps industrial and manufacturing organizations assess and manage energy performance. Its AI-based energy analytics detects and visualizes new energy savings opportunities, offering monitoring, diagnostics, and action plans to optimize energy use across web and mobile interfaces. The platform supports continuous improvement by delivering ongoing energy plans, enabling plants and facilities to identify savings opportunities, reduce energy consumption, and lower carbon dioxide emissions.

Betterspace

Series A in 2019
Betterspace is a provider of comprehensive digital solutions tailored for the hotel industry. The company focuses on enhancing hotel management through a platform that integrates smart assistants for guest communication and energy management systems, including intelligent room control. By leveraging this technology, Betterspace aims to simplify the daily operations of hoteliers, ultimately leading to increased revenue, reduced operating costs, and streamlined processes. Their holistic approach to digitization supports hotels in improving efficiency and enhancing the guest experience.

Flexidao

Seed Round in 2019
Flexidao develops software that uses blockchain technology to trace and certify electricity from production to consumption. This enables businesses to understand the carbon footprint of their energy usage, facilitating the procurement of cleaner electricity and driving operational decarbonization.

Verv

Series A in 2019
Founded in London in 2017, Verv specializes in high-speed data acquisition and AI for electrical appliances. Its patented technology captures appliance energy signatures to detect anomalies, enabling predictive maintenance and enhancing sustainability. By identifying issues early, Verv improves energy efficiency, extends appliance lifespan, reduces repair costs, and optimizes customer service.

Gleam

Pre Seed Round in 2018
GLEAM, founded by Mario Eibl in 2013, is a technology company specializing in the development of modular light electric vehicles, specifically cargo e-bikes. The company's journey began in 2010 when a messenger in Vienna sought an efficient vehicle for urban deliveries. GLEAM's flagship product, categorized as a "Pedelec," is designed to facilitate car-independent and emission-free urban movement. This e-bike features ample cargo space, an electric engine, and front and rear suspension, allowing users to navigate urban traffic effectively while accommodating their cargo needs. GLEAM plans to expand its portfolio with higher-speed vehicles in 2024, further enhancing its commitment to sustainable urban mobility.

Minesto

Post in 2018
Minesto is a Sweden-based developer of marine energy technology that commercializes the Deep Green system to generate electricity from slow tidal and ocean currents using a turbine-driven platform. Founded in 2007 by Magnus Landberg, it is headquartered in Gothenburg and operates projects in Sweden, Wales, and Northern Ireland.

Verv

Equity Crowdfunding in 2018
Founded in London in 2017, Verv specializes in high-speed data acquisition and AI for electrical appliances. Its patented technology captures appliance energy signatures to detect anomalies, enabling predictive maintenance and enhancing sustainability. By identifying issues early, Verv improves energy efficiency, extends appliance lifespan, reduces repair costs, and optimizes customer service.

Vertequip

Seed Round in 2018
Founded in 2011, Vertequip specializes in developing equipment and services designed to enhance safety and productivity for workers at heights. Its innovative solutions include products like S.T.E.P. No Limits, S.T.E.P. Freedom, and S.T.E.P. UP, catering to various industries such as construction, mining, and energy.

DCbrain

Series A in 2018
DCbrain is a deep-tech SaaS company that provides an optimization platform for the energy and supply chain sectors. The platform uses artificial intelligence and hybrid AI techniques to address complex network configurations, combining a visualization interface with a predictive analytics toolbox to help clients identify anomalies, prevent incidents, and forecast the future evolution of their networks. The solution relies on graph-based models and machine learning to ease operation and maintenance of industrial systems such as gas, water, electricity and logistics networks. Founded in 2014 and headquartered in Paris, DCbrain serves organizations seeking to optimize performance, reliability and resilience of their critical networks.

Minesto

Post in 2018
Minesto is a Sweden-based developer of marine energy technology that commercializes the Deep Green system to generate electricity from slow tidal and ocean currents using a turbine-driven platform. Founded in 2007 by Magnus Landberg, it is headquartered in Gothenburg and operates projects in Sweden, Wales, and Northern Ireland.

Eneida

Seed Round in 2018
Eneida Wireless & Sensors, SA is a company based in Coimbra, Portugal, specializing in the development of solutions for optimizing electric grid assets. Founded in 2012, Eneida focuses on creating smart sensors and artificial intelligence applications to enhance the resilience and efficiency of low voltage networks. Its key offerings include a Low Voltage Monitoring system that alerts staff to equipment failures, Theft Avoidance Smart Systems to combat theft in secondary distribution substations, and a Smart Flooding Solution to prevent flooding in underground installations. Additionally, the company provides monitoring and control solutions for Rural PV Parks, enabling real-time oversight of equipment and production in remote areas. Eneida's collaborative energy IoT platform, known as Deep Grid, integrates smart sensor networks with data analytics to facilitate the optimization of grid-critical assets, aiming to support electric utilities in delivering reliable and affordable energy.

Agronergy

Venture Round in 2018
Agronergy is a manufacturer and provider of renewable heating solutions that focuses on utilizing vegetable agricultural co-products. The company designs, produces, installs, and manages biomass boilers, catering to residential, commercial, and public buildings, as well as municipal district heating networks. By recycling agricultural leftovers, Agronergy enables its clients, including schools and gymnasiums, to obtain affordable heating services while promoting energy autonomy for hot water and heating needs. In addition to boiler manufacturing, Agronergy offers comprehensive support through the design, installation, maintenance, and repair of boiler systems, ensuring efficient and sustainable heating solutions for its business-to-business clientele.

Energiency

Series A in 2017
Energiency provides a software as a service platform that helps industrial and manufacturing organizations assess and manage energy performance. Its AI-based energy analytics detects and visualizes new energy savings opportunities, offering monitoring, diagnostics, and action plans to optimize energy use across web and mobile interfaces. The platform supports continuous improvement by delivering ongoing energy plans, enabling plants and facilities to identify savings opportunities, reduce energy consumption, and lower carbon dioxide emissions.

C2C NewCap

Seed Round in 2016
C2C NewCap, founded in 2014 by Rui Silva and Andre Mao de Ferro, is a Lisbon-based manufacturer specializing in the production of supercapacitors designed for efficient electrical energy storage. The company focuses on developing next-generation devices that utilize proprietary electrodes and an aqueous electrolyte, which contribute to a low environmental impact. C2C NewCap aims to provide clients with energy storage solutions that not only enhance operational efficiency but also reduce overall environmental and operational costs.

Minesto

Post in 2016
Minesto is a Sweden-based developer of marine energy technology that commercializes the Deep Green system to generate electricity from slow tidal and ocean currents using a turbine-driven platform. Founded in 2007 by Magnus Landberg, it is headquartered in Gothenburg and operates projects in Sweden, Wales, and Northern Ireland.

Nnergix

Seed Round in 2016
Nnergix is a technology company specializing in data analytics for the renewable energy sector. It collects and integrates weather and energy data from various sources, then applies proprietary machine learning algorithms to provide forecasting solutions. These solutions aim to enhance operational efficiency and reduce costs for energy industry players by predicting atmospheric conditions and optimizing asset management. The company's offerings are accessible via a web-based platform.

Sepin

Seed Round in 2016
Sepin is a developer of a utility platform that assists energy providers in navigating digital transformation. Their SEPIN Utilities Platform combines enterprise software with IoT capabilities, enabling utilities to digitize and streamline business and operational processes. This platform provides accurate, real-time data from a single source, accessible to all users across various departments including billing, marketing, and sales. Additionally, Sepin's platform enhances customer experience through mobile applications and features a gamification module, fostering engagement and interaction. By leveraging their technology, utility companies can achieve greater efficiency and competitiveness in an evolving industry landscape.

LeadCold

Grant in 2015
LeadCold follows the path of least resistance for nuclear power to disrupt traditional and renewable power sources

HYGEN

Seed Round in 2015
HYGEN is an innovative company that specializes in developing home fueling appliances designed to enhance the use of natural gas vehicles (NGVs). By utilizing its patented liquid piston gas compression technology, the company offers a supercharger that allows users to refuel gas-powered vehicles at home or in the office within just three minutes. This technology addresses challenges in the NGV market by transforming the existing gas distribution grid into a decentralized fueling infrastructure. HYGEN's appliances not only eliminate maintenance and operational inefficiencies but also extend the service life of gas compression systems and significantly reduce the total cost of ownership. Through its solutions, HYGEN enables gas utilities to enter the transportation fuel market by providing clean and affordable fuel options directly to consumers, thus modernizing the perception of NGVs and promoting a more appealing alternative to conventional fueling methods.

Nnergix

Pre Seed Round in 2015
Nnergix is a technology company specializing in data analytics for the renewable energy sector. It collects and integrates weather and energy data from various sources, then applies proprietary machine learning algorithms to provide forecasting solutions. These solutions aim to enhance operational efficiency and reduce costs for energy industry players by predicting atmospheric conditions and optimizing asset management. The company's offerings are accessible via a web-based platform.

AEInnova

Private Equity Round in 2014
AEInnova develops autonomous industrial monitoring devices for predictive maintenance. Its flagship device InduEye is battery-free, self-powered, and capable of edge computing for real-time vibration, thermal, and steam-trap monitoring, powered by waste heat with optional solar or wind energy. It uses LoRaWAN or NB-IoT/LTE-CAT M for communications and streams data to cloud dashboards with analytics, alarms, and environmental impact analysis. The system aims to reduce downtime and maintenance costs through non-invasive, self-sustaining monitoring. Certifications include CE and ATEX/IECEX, with FCC ongoing. The technology is deployed across sectors such as oil and gas, aluminium, steel, paper, rubber, water treatment, and energy, with customers including Repsol, Cepsa, ArcelorMittal, Enel, and others. AEInnova has been recognized as a leading EU scale-up with multiple awards and EC funding, and participates in EU R&D initiatives related to energy harvesting and high-temperature IoT.

ThermoSmart

Pre Seed Round in 2010
ThermoSmart is a Dutch company that specializes in the development of a user-friendly Wi-Fi thermostat aimed at energy conservation. The thermostat operates independently from energy suppliers and boiler installers, allowing users to manage their home heating efficiently. It can be controlled via an online diary or directly from a smartphone, providing convenience and flexibility. By focusing on ease of use and energy savings, ThermoSmart offers a solution that helps consumers reduce their heating costs while maintaining comfort in their homes.

Summotive®

The first invention of Summotive®, DriftAir®, works by utilizing wind energy without the need for maintenance. It does’nt require any additional power source and doesn’t contain moving parts. It provides optimal ventilation with high capacity air flow-through. Eco-friendly, silent operation, meets ESG objectives and Net-Zero Standard. GWR NANO INSULATION® GWR Nano is a paint-like liquid insulating material with special properties. A unique, revolutionary solution in the construction industry. The product has an excellent professional, development and testing background (TÜV SÜD), which distinguishes it from its competitors. GWR Nano can reduce energy consumption by more than 43% according to TÜV SÜD.

ecop Technologies GmbH

ECOP Technologies GmbH is a high-tech company based in Vienna, Austria, specializing in the development of innovative heat pump technology for industrial heating and cooling applications. Founded in 2007, the company manufactures rotation heat pumps that utilize a novel, multi-patented technology, allowing for energy recovery while minimizing environmental impact and reducing costs. These heat pumps operate efficiently at high temperatures without the need for refrigerants, employing a rotational compression method that enhances overall performance. ECOP has production facilities in Upper Austria and a state-of-the-art development center in Vienna. The company has received multiple accolades for its contributions to environmental technology, including the European Commission's European Environmental Award and the State Prize for Environmental Technology.
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