SET Ventures is a venture capital firm based in Amsterdam, founded in 2007, that focuses on investing in early to growth-stage companies dedicated to creating sustainable solutions for a carbon-free energy system. The firm emphasizes digital technology and innovative business models within the information communication and technology, smart energy, and energy sectors. Its investment areas include energy generation, distribution, and storage, with a particular interest in renewable energy sources such as solar, wind, and bioenergy. SET Ventures targets companies that offer intelligent software and services, smart cities, and energy efficiency technologies, as well as those involved in electric mobility and advanced energy storage solutions. By investing primarily in European companies, SET Ventures aims to support pioneering founders with capital, community, and insights to drive systemic change in how energy is generated, distributed, stored, and consumed. Investments typically range from €0.5 million to €6 million per company, and the firm often seeks a supervisory board seat to provide strategic guidance.
Frequenz manages renewable energy production and procurement through AI, IoT, and battery storage technologies. They develop the open and collaborative EDGE platform for decentralized finance markets. Their EDGE platform provides solutions for the deployment, optimization, and operation of microgrid infrastructures. Their solutions such as flat rate energy, power storage energy, direct marketing energy, and fleet energy.
Tibo Energy
Seed Round in 2024
Tibo Energy focuses on transforming energy consumption, generation, and distribution through innovative software solutions. The company develops energy monitoring and smart grid controlling technology that optimizes the use of renewable energy sources and enhances grid stability. By employing advanced algorithms, Tibo Energy's solutions enable energy professionals to effectively manage microgrids and energy hubs, improving operational efficiency and maximizing financial returns while reducing carbon dioxide emissions. This approach not only streamlines energy management but also contributes to a more sustainable and environmentally friendly energy landscape.
Green Eagle Solutions
Series A in 2023
Green Eagle Solutions SL specializes in developing supervisory control and data acquisition (SCADA) software solutions tailored for renewable energy assets, particularly in the wind and solar sectors. Headquartered in Madrid, Spain, the company offers a comprehensive range of platforms designed to monitor, analyze, and control the performance of renewable energy facilities. Its solutions include CompactSCADA for overseeing renewable asset portfolios, SCADA systems for solar photovoltaic plants aimed at industrial and utility-scale applications, and customizable SCADA solutions for wind farms. Additionally, the company provides an Automatic WTG Reset Tool System that automates turbine operations based on client-defined strategies. Green Eagle Solutions also operates a Data Gateway that integrates data from various OEM site servers into its monitoring platforms. Through its Renewable Assets Monitoring Platform (RAMP), the company enhances operational efficiency by facilitating plant monitoring, data analysis, computerized maintenance management, and remote control capabilities. Founded in 2012, Green Eagle Solutions is committed to improving the management and efficiency of renewable energy production.
Frequenz
Venture Round in 2022
Frequenz manages renewable energy production and procurement through AI, IoT, and battery storage technologies. They develop the open and collaborative EDGE platform for decentralized finance markets. Their EDGE platform provides solutions for the deployment, optimization, and operation of microgrid infrastructures. Their solutions such as flat rate energy, power storage energy, direct marketing energy, and fleet energy.
Easelink
Series A in 2022
Easelink is focused on creating innovative solutions for electric vehicle charging through its proprietary MATRIX CHARGING® technology. This automated conductive charging system eliminates the need for manual plugging and unplugging by allowing vehicles to charge automatically when parked over a stationary charging pad. The design features no moving parts outside the vehicle, making it both efficient and scalable. Easelink aims to enhance the user experience of electric vehicle owners, facilitating a seamless and convenient charging process that aligns with the growing demand for smart living solutions.
Green Eagle Solutions
Series A in 2021
Green Eagle Solutions SL specializes in developing supervisory control and data acquisition (SCADA) software solutions tailored for renewable energy assets, particularly in the wind and solar sectors. Headquartered in Madrid, Spain, the company offers a comprehensive range of platforms designed to monitor, analyze, and control the performance of renewable energy facilities. Its solutions include CompactSCADA for overseeing renewable asset portfolios, SCADA systems for solar photovoltaic plants aimed at industrial and utility-scale applications, and customizable SCADA solutions for wind farms. Additionally, the company provides an Automatic WTG Reset Tool System that automates turbine operations based on client-defined strategies. Green Eagle Solutions also operates a Data Gateway that integrates data from various OEM site servers into its monitoring platforms. Through its Renewable Assets Monitoring Platform (RAMP), the company enhances operational efficiency by facilitating plant monitoring, data analysis, computerized maintenance management, and remote control capabilities. Founded in 2012, Green Eagle Solutions is committed to improving the management and efficiency of renewable energy production.
Energyworx
Venture Round in 2020
Energyworx is a software company that specializes in developing a SaaS-based platform for energy data management and intelligence. Founded in 2012 by Edwin Poot and headquartered in Houten, Utrecht, the company aims to transform the energy and utilities market by enabling organizations to uncover the hidden value of their data. Energyworx's platform integrates and analyzes large volumes of smart meter and IoT data, providing users with real-time insights for informed decision-making. Its offerings include services such as meter data management, energy balancing for smart grids, and a social energy application. By facilitating efficient data management and operational insights, Energyworx helps energy and utility companies optimize grid performance and reduce losses during transmission and distribution.
depsys
Series B in 2019
DEPsys is a Swiss technology company based in Puidoux, situated in the Lavaux region near Lake Geneva. The company specializes in developing modular power-grid systems that facilitate the integration of renewable energy sources, such as solar and wind power, into traditional low-voltage electricity networks. DEPsys offers a network optimization platform that measures, monitors, and controls these power grids, helping energy providers manage the challenges posed by decentralized energy production and increasing demand. By providing innovative solutions, DEPsys aims to enhance the efficiency and reliability of electricity distribution in a rapidly evolving energy landscape.
GreenFlux
Series B in 2018
GreenFlux specializes in providing an eMobility platform that facilitates the management of electric vehicle charging networks, aiming to enhance the adoption of electric vehicles. The company supports energy providers, network operators, and automotive stakeholders by offering solutions for remote charge station management, transaction processing, and the adjustment of charging processes based on electricity grid capacity and local energy generation. With a decade of experience in the international electric vehicle market, GreenFlux operates in over 21 countries across five continents, managing a network of more than 28,000 connected charge points. Its software optimizes billing operations, monitors real-time charging behavior, and expands grid capacity through a cloud-based system, enabling users to access comprehensive information on charge points and transactions.
Energyworx
Seed Round in 2016
Energyworx is a software company that specializes in developing a SaaS-based platform for energy data management and intelligence. Founded in 2012 by Edwin Poot and headquartered in Houten, Utrecht, the company aims to transform the energy and utilities market by enabling organizations to uncover the hidden value of their data. Energyworx's platform integrates and analyzes large volumes of smart meter and IoT data, providing users with real-time insights for informed decision-making. Its offerings include services such as meter data management, energy balancing for smart grids, and a social energy application. By facilitating efficient data management and operational insights, Energyworx helps energy and utility companies optimize grid performance and reduce losses during transmission and distribution.
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