SET Ventures

SET Ventures is an Amsterdam-based venture capital firm founded in 2007 that invests in European energy and renewable sector companies across early to growth stages. It backs digital technology-enabled solutions aimed at carbon-free energy systems, including energy generation, distribution and storage, energy efficiency, and smart energy applications in buildings, industry, mobility, and infrastructure. The firm targets investments in technology-enabled clean energy and sustainability initiatives, often with a focus on smart grid, energy storage, and EV/green building applications, and seeks to support portfolio companies with strategic guidance, including board participation. Typical check sizes range from approximately €0.5 million to €6 million per company over the life of participation. SET Ventures concentrates on Europe and prioritizes companies that combine software and hardware components to create scalable energy solutions.

Anton Arts

Managing Partner

Wouter Jonk

Co-Founder and Managing Director

Leonie Mekel

CFO

Emily Mellor

Investor

Moritz Müller

Investment Analyst

Past deals in Electric Grid

Tibo Energy

Seed Round in 2024
Tibo Energy develops advanced software that optimizes renewable energy usage and improves grid balance. Its algorithms enable energy professionals to manage microgrids and energy hubs efficiently, reducing carbon footprint while enhancing financial returns.

Green Eagle Solutions

Series A in 2023
Green Eagle Solutions provides SCADA software solutions for renewable energy assets, developing platforms to monitor and analyze performance and to operate turbines automatically. Its offerings include CompactSCADA, Solar PV Plant SCADA, and Wind Farm SCADA, plus an Automatic WTG Reset Tool and a Data Gateway that collects, interprets, normalizes, and delivers data from various OEM sites to monitoring and control platforms. The Renewable Assets Monitoring Platform (RAMP) supports plant and components monitoring, events and data logging, alarms, data analysis, CMMS, remote control, and reporting. Founded in 2012 and based in Madrid, Spain, the company delivers a unified, multi-technology system across wind, solar, and substations to improve asset availability and extend asset life.

Easelink

Series A in 2022
Easelink develops and industrializes conductive charging technologies for electric vehicles, aiming to automate and accelerate the charging process. It centers on MATRIX CHARGING, an automated conductive charging system with no moving parts outside the vehicle, designed to be stationary and scalable. The technology uses a charging pad that enables automatic direct physical connection as soon as a vehicle parks on top, eliminating the need for manual plugging and enabling convenient, efficient EV charging.

Energyworx

Venture Round in 2021
Energyworx is a software company that specializes in developing solutions for energy data management. Founded in 2012 and headquartered in Houten, Utrecht, the company offers a SaaS-based platform that aims to disrupt the global energy and utilities market. This platform enables organizations to manage and analyze large volumes of smart meter and IoT data, providing real-time insights that support strategic decision-making. By correlating energy data with various other sources, Energyworx assists users in optimizing grid performance and minimizing losses during transmission and distribution. In addition to its core services, the platform includes features such as meter data management, energy balancing for smart grids, and a social energy application, all designed to enhance efficiency and promote growth within the energy sector.

Green Eagle Solutions

Series A in 2021
Green Eagle Solutions provides SCADA software solutions for renewable energy assets, developing platforms to monitor and analyze performance and to operate turbines automatically. Its offerings include CompactSCADA, Solar PV Plant SCADA, and Wind Farm SCADA, plus an Automatic WTG Reset Tool and a Data Gateway that collects, interprets, normalizes, and delivers data from various OEM sites to monitoring and control platforms. The Renewable Assets Monitoring Platform (RAMP) supports plant and components monitoring, events and data logging, alarms, data analysis, CMMS, remote control, and reporting. Founded in 2012 and based in Madrid, Spain, the company delivers a unified, multi-technology system across wind, solar, and substations to improve asset availability and extend asset life.

Energyworx

Venture Round in 2020
Energyworx is a software company that specializes in developing solutions for energy data management. Founded in 2012 and headquartered in Houten, Utrecht, the company offers a SaaS-based platform that aims to disrupt the global energy and utilities market. This platform enables organizations to manage and analyze large volumes of smart meter and IoT data, providing real-time insights that support strategic decision-making. By correlating energy data with various other sources, Energyworx assists users in optimizing grid performance and minimizing losses during transmission and distribution. In addition to its core services, the platform includes features such as meter data management, energy balancing for smart grids, and a social energy application, all designed to enhance efficiency and promote growth within the energy sector.

depsys

Series B in 2019
DEPsys is a Swiss technology company based in Puidoux, located on the shores of Lake Geneva in the Lavaux region, known for its vineyard terraces. The company specializes in developing modular systems for power grids, focusing on integrating renewable energy sources like photovoltaic systems and wind turbines into traditional low-voltage electricity networks. Its network optimization platform is designed to measure, monitor, and control the low-voltage grid, allowing energy providers to adapt to the challenges posed by decentralized production and increased energy loads. By offering innovative solutions, DEPsys aims to support the evolution of energy systems in response to the growing demand for sustainable energy practices.

GreenFlux

Series B in 2018
GreenFlux is a company that provides an eMobility platform aimed at optimizing the management of electric vehicle (EV) charging networks. With a decade of experience in the international EV market, GreenFlux supports energy companies, network operators, and automotive stakeholders by facilitating remote management of charging stations, processing transactions, and adjusting charging processes in accordance with local electricity grid capacity and energy generation. The company's software streamlines billing operations and revenue management, monitors real-time charging behavior, and enhances grid capacity through a cloud-based system. Operating in over 21 countries across five continents, GreenFlux has established an ecosystem with more than 28,000 connected charge points, contributing to the acceleration of EV adoption.

Energyworx

Seed Round in 2016
Energyworx is a software company that specializes in developing solutions for energy data management. Founded in 2012 and headquartered in Houten, Utrecht, the company offers a SaaS-based platform that aims to disrupt the global energy and utilities market. This platform enables organizations to manage and analyze large volumes of smart meter and IoT data, providing real-time insights that support strategic decision-making. By correlating energy data with various other sources, Energyworx assists users in optimizing grid performance and minimizing losses during transmission and distribution. In addition to its core services, the platform includes features such as meter data management, energy balancing for smart grids, and a social energy application, all designed to enhance efficiency and promote growth within the energy sector.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.