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, KIC InnoEnergy Germany

Diego Pavía

CEO

Jacob Ruiter

Co-CEO, Benelux and Executive Board Member

Past deals in Manufacturing

Tribonex

Venture Round in 2024
Tribonex is a company that focuses on surface treatments and coatings specifically designed for automotive and industrial components. It has developed a friction and wear reduction technology aimed at enhancing the performance of machines and vehicles by improving efficiency and minimizing operational losses. This technology is characterized by its ease of implementation and favorable cost-benefit ratio, allowing for seamless integration into most existing production processes. By enabling manufacturers to adopt advanced solutions, Tribonex helps them deliver improved performance at competitive prices.

Cascade Drives

Venture Round in 2024
Founded in 2014, Cascade Drives specializes in manufacturing high-performing, eco-friendly power density solutions. Its core products include CASCADE POWER (electromechanical linear actuator for electric forklifts), CASCADE STEERING (drive-by-wire electrical steering system for heavy-duty vehicles), and CASCADE TORQUE (gearbox used in wind turbines and in-wheel propulsion systems). These solutions serve industries such as mining, material handling, commercial trucks, buses, tow tractors, and airplane tugs.

LignEasy

Grant in 2024
LignEasy specializes in a low-impact, sulfuric acid-free lignin recovery solution designed specifically for kraft pulp mills. This innovative technology recovers valuable byproducts without disrupting chemical balance or productivity.

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.

TaiSan

Pre Seed Round in 2024
TaiSan specializes in advanced battery technology for electric vehicles. It has developed proprietary quasi-solid gel polymer electrolyte and sodium-potassium metal anode, enhancing energy density and safety while enabling fast charging.

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.

Catalyco

Seed Round in 2024
Catalyco develops high-surface-area zinc oxide by recovering zinc oxide from industrial waste streams, creating a local, sustainable supply chain and reducing dependence on imports. It manufactures advanced ZnO materials with high purity and unique characteristics for use in chemicals, rubber and tires, cosmetics, ceramics, glass, and adsorption and catalysis. The company's recovery technology minimizes impurities and resource consumption, enabling customers to lower production costs, reduce environmental footprint and carbon emissions, optimize manufacturing processes, and maintain compliance with environmental regulations.

FineCell

Seed Round in 2023
FineCell is a Swedish company based in Linköping that specializes in the production of sustainable cellulose microfibers. Established in 2015 by Jonatan Henschen, Jonas Engstrand, Monica Ek, and Kloce Dongfang Li, FineCell focuses on creating renewable and high-performance nanomaterials derived from forest resources. The unique physical and chemical properties of its cellulose microfibers offer distinct advantages over competing products, making them suitable for a variety of applications, including reinforcement, barriers, and fillers in packaging and the automotive industry. FineCell's innovative materials enable manufacturers to utilize simpler and more cost-effective raw materials across diverse sectors such as packaging, paper, personal care, food, pharmaceuticals, membranes, and paints, contributing to reduced carbon footprints in production processes. The company has garnered support from Vinnova, Sweden's innovation agency, and EIT InnoEnergy.

Circular Industries

Venture Round in 2023
Circular Industries is a project developer focused on urban mining, specializing in the extraction of critical raw materials. The company utilizes proven technologies to maximize the recovery of these materials from existing waste streams, ensuring efficient and environmentally friendly processes. By emphasizing innovation, Circular Industries aims to provide industries with essential raw materials while eliminating toxic emissions and reducing the generation of new waste. Through its commitment to sustainable resource recovery, Circular Industries plays a vital role in promoting a circular economy.

Tribonex

Seed Round in 2023
Tribonex is a company that focuses on surface treatments and coatings specifically designed for automotive and industrial components. It has developed a friction and wear reduction technology aimed at enhancing the performance of machines and vehicles by improving efficiency and minimizing operational losses. This technology is characterized by its ease of implementation and favorable cost-benefit ratio, allowing for seamless integration into most existing production processes. By enabling manufacturers to adopt advanced solutions, Tribonex helps them deliver improved performance at competitive prices.

NexWafe

Series C in 2021
Founded in 2015, NexWafe specializes in manufacturing and supplying high-quality monocrystalline silicon wafers for solar cell producers. Its innovative direct gas-to-wafer process minimizes waste, resulting in affordable wafers that are fully compatible with common cell and module fabrication.

FineCell

Seed Round in 2021
FineCell is a Swedish company based in Linköping that specializes in the production of sustainable cellulose microfibers. Established in 2015 by Jonatan Henschen, Jonas Engstrand, Monica Ek, and Kloce Dongfang Li, FineCell focuses on creating renewable and high-performance nanomaterials derived from forest resources. The unique physical and chemical properties of its cellulose microfibers offer distinct advantages over competing products, making them suitable for a variety of applications, including reinforcement, barriers, and fillers in packaging and the automotive industry. FineCell's innovative materials enable manufacturers to utilize simpler and more cost-effective raw materials across diverse sectors such as packaging, paper, personal care, food, pharmaceuticals, membranes, and paints, contributing to reduced carbon footprints in production processes. The company has garnered support from Vinnova, Sweden's innovation agency, and EIT InnoEnergy.

Graphmatech

Venture Round in 2021
Graphmatech AB, founded in 2017 and headquartered in Västerås, Sweden, specializes in the invention, development, and sale of innovative graphene-based nanocomposite materials and services. The company's product portfolio includes aros graphene thermal grease, aros graphene polymer 3D filament, aros graphene conductive ink, and aros graphene coated polymer powder. Graphmatech focuses on enhancing material efficiency to support the green transition by reducing the amount of material needed for various applications. Their materials offer superior properties such as high thermal and electrical conductivity, self-lubrication, self-cooling, lightweight design, low friction, and high wear resistance. These characteristics enable industries to create new products using graphene hybrid materials, including polymers for the hydrogen economy that leak less, better metals, and copper/graphene powder for 3D printing that is more conductive than pure copper.

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.

Catalyco

Grant in 2021
Catalyco develops high-surface-area zinc oxide by recovering zinc oxide from industrial waste streams, creating a local, sustainable supply chain and reducing dependence on imports. It manufactures advanced ZnO materials with high purity and unique characteristics for use in chemicals, rubber and tires, cosmetics, ceramics, glass, and adsorption and catalysis. The company's recovery technology minimizes impurities and resource consumption, enabling customers to lower production costs, reduce environmental footprint and carbon emissions, optimize manufacturing processes, and maintain compliance with environmental regulations.

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.

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.

Cascade Drives

Seed Round in 2020
Founded in 2014, Cascade Drives specializes in manufacturing high-performing, eco-friendly power density solutions. Its core products include CASCADE POWER (electromechanical linear actuator for electric forklifts), CASCADE STEERING (drive-by-wire electrical steering system for heavy-duty vehicles), and CASCADE TORQUE (gearbox used in wind turbines and in-wheel propulsion systems). These solutions serve industries such as mining, material handling, commercial trucks, buses, tow tractors, and airplane tugs.

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.

Nines Photovoltaics

Venture Round in 2018
Nines Photovoltaics is an innovative company focused on revolutionizing the manufacturing process of photovoltaic (PV) solar cells. By developing a high throughput dry etching process platform, the company addresses the significant financial and environmental costs associated with traditional PV production methods, which often rely on water, vacuum pumps, and high Global Warming Potential chemicals. Nines' technology operates at atmospheric pressure and in dry environments, eliminating the need for greenhouse gases, while facilitating high volume inline production. This approach not only reduces the cost per watt of PV electricity generation but also enhances the scalability and sustainability of manufacturing processes across the industry. Nines Photovoltaics aims to serve PV solar cell manufacturers worldwide, promoting a paradigm shift in the sector and contributing to the advancement of renewable energy solutions.

NexWafe

Venture Round in 2017
Founded in 2015, NexWafe specializes in manufacturing and supplying high-quality monocrystalline silicon wafers for solar cell producers. Its innovative direct gas-to-wafer process minimizes waste, resulting in affordable wafers that are fully compatible with common cell and module fabrication.
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