European Innovation Council

Established in 2020, the European Innovation Council supports innovative startups and researchers with promising ideas, focusing on early-stage companies with positive environmental, social, or governance impacts. It co-invests alongside private investors.

David Malo Jean

Director

Past deals in Utilities

Reverion

Series A in 2024
Reverion develops reversible, carbon-negative power plants using patented technology. Their containerized units achieve electrical efficiencies of up to 80%, doubling the electricity output of conventional gas engines while reducing greenhouse gas emissions and achieving a negative CO2 balance.

Reverion

Grant in 2022
Reverion develops reversible, carbon-negative power plants using patented technology. Their containerized units achieve electrical efficiencies of up to 80%, doubling the electricity output of conventional gas engines while reducing greenhouse gas emissions and achieving a negative CO2 balance.

Nuventura

Seed Round in 2022
Nuventura GmbH, founded in 2017 and based in Berlin, Germany, specializes in the design and development of gas-insulated switchgear (GIS) technology. The company has innovated a solution that replaces sulfur hexafluoride (SF6) with dry air, maintaining the advantages of traditional SF6 switchgear while significantly reducing greenhouse gas emissions. Nuventura's technology is compatible with existing IEC standards, allowing industries to effectively control, protect, and isolate electrical equipment while monitoring the health of the switchgear. This advancement positions Nuventura as a key player in promoting sustainable practices within the global energy sector.

Nuventura

Grant in 2022
Nuventura GmbH, founded in 2017 and based in Berlin, Germany, specializes in the design and development of gas-insulated switchgear (GIS) technology. The company has innovated a solution that replaces sulfur hexafluoride (SF6) with dry air, maintaining the advantages of traditional SF6 switchgear while significantly reducing greenhouse gas emissions. Nuventura's technology is compatible with existing IEC standards, allowing industries to effectively control, protect, and isolate electrical equipment while monitoring the health of the switchgear. This advancement positions Nuventura as a key player in promoting sustainable practices within the global energy sector.

Envola

Grant in 2022
Envola specializes in energy-efficient solutions, developing software and hardware for smart energy management, renewable resources, and storage. They design integrated systems for heating, cooling, ventilation, and hot water preparation, including heat pumps with integrated storage and networked storage systems.

Sympower

Grant in 2021
Sympower provides software-enabled flexibility services to support a renewable, stable electricity grid. Working with leading industry players, it aggregates appliances and industrial assets and uses automated, non-intrusive software to shift energy usage to cheaper hours and to balance supply and demand in real time. The company helps customers unlock new revenue streams and maximise the value of their energy assets by enabling flexible operation across energy markets, enhancing grid reliability and accelerating the transition to a fully renewable system.

iFLUX

Grant in 2021
iFLUX is a technology company focused on sustainable groundwater management and soil remediation. Founded in 2017, it addresses the critical issue of water scarcity by enhancing the visibility of groundwater dynamics. The company has developed patented groundwater sampling technology, known as iFLUX Samplers, which allows for efficient tracking of groundwater contamination over time. These samplers facilitate faster and more cost-effective remediation projects by providing essential data on groundwater and contaminant movement. iFLUX’s Sensing Solutions integrate advanced commercial sensors with unique vertical and horizontal flux sensors to create comprehensive real-time monitoring networks. These networks offer actionable insights through a personalized dashboard that combines public and company-specific data, enabling clients to analyze trends and respond promptly to groundwater-related activities. iFLUX serves various sectors, including urban management, conservation, construction, and drinking water utilities, providing them with critical information to mitigate risks associated with soil contamination and ensure reliable water supplies.

Pydro

Grant in 2021
Founded in 2016, Pydro develops modular water turbines for integrated smart pressure management and energy recovery in water pipe networks. The company offers compact, self-powered solutions that convert energy surpluses into usable power, enabling efficient water flow monitoring while reducing operational costs and environmental impact.

Pydro

Venture Round in 2021
Founded in 2016, Pydro develops modular water turbines for integrated smart pressure management and energy recovery in water pipe networks. The company offers compact, self-powered solutions that convert energy surpluses into usable power, enabling efficient water flow monitoring while reducing operational costs and environmental impact.

Electrochaea

Venture Round in 2020
Electrochaea develops and commercializes power-to-gas technology that converts renewable electricity into pipeline-grade natural gas. This enables large-scale energy storage, grid balancing, and carbon recycling.

Electrochaea

Grant in 2020
Electrochaea develops and commercializes power-to-gas technology that converts renewable electricity into pipeline-grade natural gas. This enables large-scale energy storage, grid balancing, and carbon recycling.
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