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 Solar Energy

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.

Holosolis

Seed Round in 2024
Holosolis contributes to the EU’s goal of local PV module production and curbing global warming. We will build the largest photovoltaic panel factory in Europe.

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.

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.

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.

Phytonics

Seed Round in 2023
Phytonics designs and offers anti-reflective coating products with excellent light-trapping capabilities.

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.

Norwegian Crystals

Venture Round in 2022
Norwegian Crystals is a manufacturer focused on producing high-quality, low-carbon monocrystalline silicon products, including bricks, wafers, and ingots. These products are essential components for the photovoltaic industry, serving as substrates for solar cells and contributing to the development of solar modules. The company utilizes a proprietary pulling process and design to create both p-type and n-type monoblocks, ensuring efficiency and cost-effectiveness in its production. By prioritizing sustainability, Norwegian Crystals aims to support its clients in reducing harmful emissions and promoting environmentally friendly energy solutions.

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.

SunRoof

Seed Round in 2021
SunRoof manufactures 2-in-1 solar roofs and innovative façades that generate electricity without having to install traditional photovoltaic modules. This is the best replacement for a regular roof, offering the highest efficiency, the lowest carbon footprint, and a unique aesthetic. Our mission is to speed up the global transition to renewables by developing beautiful roofs that, by generating electricity, will cover the energy demand of the entire building.

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.

SunRoof

Seed Round in 2020
SunRoof manufactures 2-in-1 solar roofs and innovative façades that generate electricity without having to install traditional photovoltaic modules. This is the best replacement for a regular roof, offering the highest efficiency, the lowest carbon footprint, and a unique aesthetic. Our mission is to speed up the global transition to renewables by developing beautiful roofs that, by generating electricity, will cover the energy demand of the entire building.

Enervalis

Series A in 2020
Enervalis specializes in developing software that offers sustainable energy solutions tailored for electric vehicles, buildings, and microgrids. The company's energy management platform efficiently monitors diverse energy sources and user behaviors, leveraging weather forecasts, user inputs, and advanced analytics to anticipate future energy demand and supply. By optimizing energy consumption towards locally produced green energy, such as solar, wind, and other renewable sources, Enervalis enables users to manage their energy assets from a centralized dashboard. This comprehensive approach allows electricity producers, storage providers, and consumers to effectively monitor and control their energy usage, ultimately reducing energy costs and promoting energy efficiency.

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.

Energy Floors

Seed Round in 2020
Energy Floors specializes in the design and construction of innovative flooring systems that convert kinetic energy from human movement and solar power into usable electricity. The company's products aim to engage the public in renewable energy production by making the energy-generating process visible and interactive. By developing, manufacturing, and selling these energy-converting floor systems, Energy Floors focuses on creating sustainable solutions that can be integrated into pavements and high footfall areas. Their approach not only promotes awareness of renewable energy but also encourages participation in energy generation through everyday activities.

Ener-Pacte

Seed Round in 2020
Ener-Pacte provides solutions in the operation, security, and optimization of photovoltaic power plants. It was founded to respond to a growing problem that will become very worrying in the future, in France and in countries with a base of photovoltaic installations deployed on a large scale in their territories.

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.

Nines Photovoltaics

Venture Round in 2018
Nines Photovoltaics is focused on revolutionizing the manufacturing of photovoltaic (PV) solar cells through innovative technology. The company has developed a high throughput dry etching process platform that enhances the efficiency and performance of solar cell production while addressing the environmental challenges associated with traditional methods. By eliminating the need for water, greenhouse gases, and labor-intensive processes, Nines' technology allows for manufacturing at atmospheric pressure and in a dry environment. This shift not only reduces the financial and environmental costs of producing PV cells but also facilitates high-volume inline production using cheaper thin wafers and advanced cell designs. Nines Photovoltaics aims to significantly decrease the cost per watt of PV electricity generation, thereby improving the overall scalability and sustainability of solar manufacturing on a global scale.

Solaris Offgrid

Venture Round in 2017
Solaris Offgrid addresses the critical issue of energy poverty, particularly in rural Africa, where over a billion people lack access to clean and affordable electricity. The company develops and installs solar energy systems that leverage smart technology and mobile payment solutions. Its pay-as-you-go solar home system provides households and businesses with essential services such as LED lighting, communication, and media access, as well as opportunities for enterprise and financial services. By offering an integrated and affordable energy solution, Solaris Offgrid empowers local entrepreneurs, equipping them with the necessary hardware, software, and technical expertise to establish and sustain micro-energy ventures. Through this model, Solaris Offgrid not only enhances energy access but also fosters economic development in low-income communities.

Ferroamp Elektronik

Seed Round in 2016
Ferroamp Elektronik AB specializes in developing and manufacturing innovative power electronics aimed at enhancing the efficiency of electrical energy use. The company's primary product is the ACE, a four-quadrant inverter that facilitates quicker electric vehicle charging and helps reduce grid fees. ACE is a component of the modular EnergyHub system, which can be expanded with solar cells and energy storage solutions according to user needs. This smart grid concept optimizes the versatility and economic viability of solar installations, benefiting both homeowners and utility companies. Additionally, Ferroamp offers a range of energy optimization solutions, including solar string optimizers, energy storage optimizers, and adaptive equalization, primarily catering to property companies, energy consultants, and electric power firms.

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.
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