SET Ventures

Frequenz develops technologies to optimize renewable energy production and procurement using AI, IoT, and battery storage. The company offers an autonomous EDGE platform for deploying, optimizing, and operating microgrid infrastructures and enabling decentralized finance markets. It provides energy solutions such as flat rate energy, power storage energy, direct marketing energy, and fleet energy. By automating the renewable production value chain, Frequenz aims to help partners reduce electricity costs and improve revenue and profitability.

ETPA operates a trading platform specifically designed for short-term electricity trades, emphasizing participants' capacity. The company provides a user-friendly platform that allows trade participants to execute trades independently or via third parties. ETPA's offerings include intraday, day-ahead, weekly, and weekend contracts, enabling participants to optimize their energy portfolios and leverage flexibility in production processes. Committed to supporting a more sustainable energy future, ETPA ensures transparency and independence within the short-term electricity market, facilitating liquidity and efficiency for its users.

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.

Founded in Vienna, Austria in 2016, HYDROGRID develops software for optimal hydro power control and dispatch. Its SaaS platform enables power plant owners to increase revenues by aligning production with power markets while reducing daily operational workload.

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.

ESFORIN SE is a fully digital energy company, offering modularly integrable energy solutions – for both, power and gas.

Frequenz develops technologies to optimize renewable energy production and procurement using AI, IoT, and battery storage. The company offers an autonomous EDGE platform for deploying, optimizing, and operating microgrid infrastructures and enabling decentralized finance markets. It provides energy solutions such as flat rate energy, power storage energy, direct marketing energy, and fleet energy. By automating the renewable production value chain, Frequenz aims to help partners reduce electricity costs and improve revenue and profitability.

ETPA operates a trading platform specifically designed for short-term electricity trades, emphasizing participants' capacity. The company provides a user-friendly platform that allows trade participants to execute trades independently or via third parties. ETPA's offerings include intraday, day-ahead, weekly, and weekend contracts, enabling participants to optimize their energy portfolios and leverage flexibility in production processes. Committed to supporting a more sustainable energy future, ETPA ensures transparency and independence within the short-term electricity market, facilitating liquidity and efficiency for its users.

Flexidao develops software that uses blockchain technology to trace and certify electricity from production to consumption. This enables businesses to understand the carbon footprint of their energy usage, facilitating the procurement of cleaner electricity and driving operational decarbonization.

Founded in Vienna, Austria in 2016, HYDROGRID develops software for optimal hydro power control and dispatch. Its SaaS platform enables power plant owners to increase revenues by aligning production with power markets while reducing daily operational workload.

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.

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.

ESFORIN SE is a fully digital energy company, offering modularly integrable energy solutions – for both, power and gas.

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.

General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

Flexidao develops software that uses blockchain technology to trace and certify electricity from production to consumption. This enables businesses to understand the carbon footprint of their energy usage, facilitating the procurement of cleaner electricity and driving operational decarbonization.

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 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.

Limejump, established in 2012 and headquartered in London, specializes in operating a Virtual Power Plant (VPP) platform that optimizes energy market participation for customers with electricity-generating or consuming assets in the UK. The company's platform integrates cloud-based software, smart devices, and analytical tools to connect assets, send signals, and analyze performance. Limejump offers services such as access to the Balancing Mechanism, Power Purchase Agreements, and frequency response products. By leveraging big data analytics and insights, the company empowers businesses and generators to create new revenue streams and contribute to a greener energy future. Limejump connects customers to National Grid's demand response programs, compensating them for shifting or reducing energy usage to maintain grid balance. As of 2019, Limejump operates as a subsidiary of Shell Petroleum.

Elmodis enhances energy efficiency and operating performance of electrically-powered industrial machinery. It offers an integrated hardware-software solution for real-time remote monitoring, enabling manufacturers and users to track machine performance. Founded by seasoned engineers with over 15 years in machine monitoring and diagnostics, Elmodis innovates using current and voltage measurements from electric engines.

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.

General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

AlertMe.com Ltd. offers an open, cloud-based platform called Omnia that connects a variety of devices and appliances to enable users to monitor, control, and automate their homes in Europe and the United States. The platform integrates multiple devices, services, and data, creating a cohesive ecosystem for home automation. Key offerings include Energy Analytics, which assists customers in understanding their energy usage and bills, and Home Energy Control, which manages heating, cooling, and connected appliances for enhanced efficiency. Additionally, the Home Automation solution allows users to customize interactions among connected devices, such as sensors, cameras, locks, and lighting. Founded in 2006 and based in Cambridge, United Kingdom, AlertMe was acquired by British Gas Services Limited. The company's technology aims to simplify the connected home experience, making it affordable and reliable for users while promoting energy savings and sustainability.

EnOcean GmbH, founded in 2001 and headquartered in Oberhaching, Germany, specializes in energy harvesting technology and wireless sensor solutions for building automation, industrial applications, and environmental monitoring. The company offers a range of products, including energy converters, wireless sensors, controllers, transmitters, receivers, and development tools, designed to enable maintenance-free, battery-less operations in various environments. EnOcean's innovative technology allows sensors to harvest energy from their surroundings, making them ideal for applications in smart homes, lighting systems, and automated meter reading. The company distributes its products through a network of partners across numerous countries, including Austria, Belgium, Canada, China, Germany, the United States, and several others in Europe and beyond. EnOcean's solutions aim to enhance energy efficiency and user convenience in the growing Internet of Things market.