ENGIE New Ventures

ENGIE New Ventures, established in 2014, serves as the corporate venture capital arm of the global energy provider ENGIE, headquartered in Paris, France. The firm focuses on making minority investments in technology startups that align with ENGIE's existing activities and resources, aiming to foster internal innovation. With a commitment of €180 million, ENGIE New Ventures has invested over €110 million across 23 startups globally, particularly in Europe, North America, Israel, and Asia. By maintaining offices in Paris, San Francisco, and Tel Aviv, ENGIE New Ventures plays a key role in ENGIE's strategy to adapt to the evolving energy landscape and explore new business opportunities.

Johann Boukhors

Managing Director

Johann Boukhors

Managing Director

Carlos Chalbaud

Investment Director

Vincent Pichon

Investment Director

Scott Pinizzotto

Senior Investment Director

Laurent Rambaud

Investment Director

22 past transactions

GravitHy

Venture Round in 2025
GravitHy is a sustainable iron and steel company dedicated to decarbonizing steel production through innovative technologies. It specializes in the production of low CO₂ Direct Reduced Iron (DRI) using renewable hydrogen, aiming to significantly lower the carbon footprint associated with steel manufacturing. By leveraging green hydrogen, GravitHy facilitates the creation of zero-carbon steel, addressing the increasing demand for environmentally friendly industrial practices. The company's initiatives support a transition towards a greener industrial sector, positioning it as a leader in the effort to revolutionize steel production sustainably.

ClimeFi

Seed Round in 2024
Carbonx is a climate-focused startup that supports businesses in reaching their net-zero objectives by mitigating the risks associated with sourcing permanent carbon credits. The company offers a platform showcasing carbon removal projects that emphasize permanence, additionality, verifiability, and net negativity. Through this platform, Carbonx enables clients to secure genuine net-zero outcomes by procuring strictly permanent carbon removal credits. Additionally, the startup aims to create a catalytic demand within the carbon dioxide removal sector, thereby fostering growth and investment in emissions reduction initiatives.

Carbon Blue

Seed Round in 2024
CarbonBlue is a company focused on carbon dioxide removal through an innovative ocean-capture method. Founded by Iddo Tsur and Dan Deviri, it aims to enhance the ocean's capacity to combat climate change. The company employs a proprietary process that utilizes calcium present in the ocean to mineralize, separate, and extract dissolved carbon dioxide from seawater. This technology not only helps clients offset their carbon emissions but also enables them to earn carbon credits while preserving the ocean's natural chemical balance.

Ndustrial

Series B in 2024
Ndustrial is a developer of an industrial optimization platform tailored for mid-tier manufacturers and energy companies. The company provides analytical engines that enhance production control, promote energy efficiency, and reduce waste. By leveraging a proprietary industrial operating system, Ndustrial integrates existing data, facilitates the deployment of new Industrial Internet of Things assets, and implements model predictive control algorithms. Their cloud-based applications are designed for real-time use in factories and industrial facilities globally, enabling clients to streamline operations, optimize resource usage, and achieve significant reductions in energy costs. Overall, Ndustrial aims to support organizations in becoming more competitive through fiscally responsible and environmentally sustainable practices.

WASE

Venture Round in 2024
WASE is a London-based company founded in 2017, specializing in decentralized sanitation solutions aimed at promoting the global adoption of circular waste treatment. The company focuses on enhancing energy recovery from previously non-viable waste streams through its innovative waste-to-energy technology. In addition to energy recovery, WASE's system facilitates the recovery of water and nutrients, allowing for the production of fertilizers. By transforming waste into valuable resources, WASE empowers clients to harness the potential of waste to support sustainable practices and drive future growth.

TreaTech

Series A in 2023
TreaTech is a Swiss cleantech company established in 2015 by engineers from the École Polytechnique Fédérale de Lausanne (EPFL). The company specializes in developing catalytic hydrothermal gasification (cHTG) technology that offers an innovative approach to wastewater treatment. This thermochemical process effectively transforms various types of liquid waste, including sewage sludge, into valuable by-products such as renewable gas, clean water, and mineral salts. TreaTech's solutions focus on eco-friendly waste disposal, aligning with sustainable development and circular economy principles. By recycling wastewater and its by-products, TreaTech enables clients to manage waste more sustainably while generating resources like fertilizers and biogas.

INERATEC

Venture Round in 2023
INERATEC is a company dedicated to developing innovative synthetic fuels and power-to-X plants that aim to replace fossil fuels with carbon-neutral alternatives. By focusing on sustainable energy solutions, INERATEC produces renewable hydrogen and utilizes greenhouse gases like carbon dioxide to create e-kerosene, carbon dioxide-neutral diesel, synthetic waxes, and methanol. These products allow chemical plant operators to power their facilities with synthetic fuels derived from climate-neutral energy sources, thereby reducing chemical waste and enhancing climate protection. Through its efforts, INERATEC contributes to the advancement of a post-fossil fuel economy and supports the transition to sustainable energy in transportation and everyday products.

Samp

Series A in 2022
Samp is a French company founded in 2019 by Laurent Bourgouin and Shivani Shah in Paris. It specializes in developing software that consolidates technical information into Digital Twins, providing a comprehensive and accurate 3D model of industrial plants. Samp's offerings include Digital Twin as a Service, which uses machine learning to integrate 3D laser scans and technical data from various sources into an intelligent web portal. Additionally, the company provides As-Built automatic verification, utilizing advanced algorithms to compare laser scans with 3D CAD models, highlighting any discrepancies that need attention. This technology enables engineers and site workers to efficiently verify the actual state of facilities against initial design models, saving significant time and effort.

H2SITE

Series A in 2022
H2SITE is a company specializing in renewable technology for on-site hydrogen production. Their systems and membranes are designed for high-efficiency and purity hydrogen generation, suitable for applications such as separation processes or ammonia cracking. The company's compact technology facilitates the production, transportation, and storage of hydrogen, making it viable to transport and unlocking global hydrogen markets. This approach helps businesses reduce costs associated with transportation and minimize energy waste.

C-Zero

Venture Round in 2022
C-Zero is a hard-tech startup based in Santa Barbara, California, focused on developing innovative technology for decarbonizing natural gas. The company's proprietary approach utilizes high-temperature catalytic melt systems to decompose methane, the main component of natural gas, into hydrogen and solid carbon. This process allows for the production of hydrogen that can significantly reduce carbon emissions across various industries, including ammonia production, electric generation, process heat, and fuel cell vehicles. By addressing a substantial portion of global CO2 emissions, C-Zero aims to facilitate a transition to low-cost, cleaner energy solutions.

Raptor Maps

Series B in 2022
Raptor Maps, Inc. is a software company focused on enhancing the performance of solar assets through advanced data analytics. Founded in 2015 and based in Somerville, Massachusetts, the company utilizes artificial intelligence to transform drone and asset data into actionable insights for solar companies. Its platform automates visual inspections and processes multi-spectral images, enabling frequent and detailed analysis of solar sites. Raptor Maps offers a range of services, including aerial thermal inspections, shading analysis, and construction monitoring, all aimed at optimizing the management of photovoltaic assets. The company serves a diverse clientele, including portfolio owners, asset managers, and engineering firms, providing them with tools to improve efficiency and reduce costs in solar energy operations.

UnaBiz

Series B in 2021
UnaBiz Pte Ltd, established in 2016 with headquarters in Singapore and an office in Taipei, specializes in Internet of Things (IoT) solutions. The company provides low-power wide-area network connectivity services, along with wireless infrastructure and devices. UnaBiz offers a range of SIGFOX ready solutions such as Unashield, UnaBell, ModBus Reader, adaptors, GPS trackers, and chipsets/modules. They also provide onboarding, prototyping, and manufacturing services to clients in healthcare, building management, agriculture, environment, cities, utilities, and industries. The company focuses on cost efficiency and sustainability, empowering businesses to leverage IoT for operational growth through smart metering, asset management, supply chain monitoring, facilities management, and asset tracking applications.

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.

Ndustrial

Series A in 2021
Ndustrial is a developer of an industrial optimization platform tailored for mid-tier manufacturers and energy companies. The company provides analytical engines that enhance production control, promote energy efficiency, and reduce waste. By leveraging a proprietary industrial operating system, Ndustrial integrates existing data, facilitates the deployment of new Industrial Internet of Things assets, and implements model predictive control algorithms. Their cloud-based applications are designed for real-time use in factories and industrial facilities globally, enabling clients to streamline operations, optimize resource usage, and achieve significant reductions in energy costs. Overall, Ndustrial aims to support organizations in becoming more competitive through fiscally responsible and environmentally sustainable practices.

Connected Energy

Venture Round in 2021
Connected Energy Ltd, founded in 2010 and based in Newcastle upon Tyne, United Kingdom, specializes in energy storage solutions by utilizing recycled electric vehicle batteries through its innovative E-STOR technology. This system allows businesses to convert used car batteries into energy storage systems, enabling them to store excess energy for later use. Connected Energy's offerings include software and services that enhance load management, optimizing efficiency and cost savings across various sectors, including healthcare, education, industrial, retail, and utilities. The company has established a diverse client base and operates systems across the UK, Belgium, Germany, and the Netherlands, with capacities ranging from 60 kW to 1.2 MW, and plans for larger installations in the future. As a subsidiary of Future Transport Systems Ltd, Connected Energy aims to commercialize the research and development conducted by its parent company.

Redaptive

Private Equity Round in 2020
Redaptive, Inc. is an Energy-as-a-Service provider based in San Francisco, California, with additional locations in Dallas, Texas, and Boston, Massachusetts. Founded in 2015, the company specializes in delivering energy-saving solutions and technologies to help organizations reduce energy waste, save costs, and lower carbon emissions. Redaptive facilitates the funding and installation of energy-saving and energy-generating equipment while enabling clients to navigate capital and contractual barriers effectively. Its Efficiency-as-a-Service platform and proprietary Data-as-a-Service metering system provide real-time data to optimize energy management across various sectors, including heating, ventilation, air conditioning, and lighting. By offering tailored investment and maintenance solutions, Redaptive assists businesses in achieving their sustainability objectives and enhancing the performance of their facilities.

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.

Lancey Energy Storage

Venture Round in 2019
Lancey Energy Storage SAS is a French company, established in 2016 and based in Grenoble, that specializes in designing and manufacturing electric heaters and radiators integrated with battery technology. These innovative products aim to reduce energy costs for households and facilitate accessible energy storage solutions. By combining heaters with eco-friendly batteries, Lancey's devices allow users to store electricity when it is cheaper and utilize it as needed, thereby optimizing energy consumption. The company also offers a mobile application that enables users to monitor and manage their energy usage efficiently. Founded by Raphaël Meyer, along with a team of specialists, Lancey Energy Storage is committed to promoting the energy transition by making energy storage more accessible to the general public.

Connected Energy

Venture Round in 2019
Connected Energy Ltd, founded in 2010 and based in Newcastle upon Tyne, United Kingdom, specializes in energy storage solutions by utilizing recycled electric vehicle batteries through its innovative E-STOR technology. This system allows businesses to convert used car batteries into energy storage systems, enabling them to store excess energy for later use. Connected Energy's offerings include software and services that enhance load management, optimizing efficiency and cost savings across various sectors, including healthcare, education, industrial, retail, and utilities. The company has established a diverse client base and operates systems across the UK, Belgium, Germany, and the Netherlands, with capacities ranging from 60 kW to 1.2 MW, and plans for larger installations in the future. As a subsidiary of Future Transport Systems Ltd, Connected Energy aims to commercialize the research and development conducted by its parent company.

UnaBiz

Series A in 2018
UnaBiz Pte Ltd, established in 2016 with headquarters in Singapore and an office in Taipei, specializes in Internet of Things (IoT) solutions. The company provides low-power wide-area network connectivity services, along with wireless infrastructure and devices. UnaBiz offers a range of SIGFOX ready solutions such as Unashield, UnaBell, ModBus Reader, adaptors, GPS trackers, and chipsets/modules. They also provide onboarding, prototyping, and manufacturing services to clients in healthcare, building management, agriculture, environment, cities, utilities, and industries. The company focuses on cost efficiency and sustainability, empowering businesses to leverage IoT for operational growth through smart metering, asset management, supply chain monitoring, facilities management, and asset tracking applications.

StreetLight Data

Series C in 2018
StreetLight Data, Inc. is a technology company specializing in cloud-based analytics solutions that focus on transportation measurement and management for both public and private sectors. Its primary product, StreetLight InSight, is an online platform that analyzes mobility patterns using Big Data by converting anonymous location data from mobile devices into actionable insights. This platform allows users, including transportation engineers and urban planners, to assess mobility across various roads and zones, thereby facilitating informed infrastructure deployment and transportation planning. Additionally, StreetLight Data offers RouteScience, which organizes disparate location data into coherent travel patterns. Founded in 2012 and headquartered in San Francisco, California, the company also has offices in Richmond, Virginia, and Vancouver, Canada, and is dedicated to enhancing smart city initiatives through improved understanding of transportation behaviors.

Serviz

Series C in 2016
Serviz, Inc. is a home service provider based in Sherman Oaks, California, specializing in a wide range of repair and maintenance services. Established in 2012 and originally known as ClubLocal, LLC, the company offers plumbing, air conditioning, handyman, carpet cleaning, appliance repair, electrical services, and house cleaning. Its extensive service portfolio includes garage door repairs, lighting installations, furniture assembly, and various plumbing services such as drain and sewer repairs. Additionally, Serviz provides appliance repair for items like refrigerators, washing machines, and stoves, as well as electrical services including fan installations and smoke detector setups. The company operates an online platform and mobile application that allows users to find and book local service professionals effortlessly. Serviz primarily serves customers in the greater Los Angeles area and became a subsidiary of Porch.com, Inc. in 2018.
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