ENGIE New Ventures

ENGIE New Ventures (ENV) was founded in 2014 as the corporate venture arm of the global energy provider ENGIE. Its €180 million fund is dedicated to making minority investment in technology startups that complement existing activities and resources to spur internal innovation within ENGIE. With offices in Paris, San Francisco and Tel Aviv, ENGIE New Ventures’ strategic fund-to-fund portfolio is one element of ENGIE’s multi-pronged strategies to reinvision existing business models and spark new opportunities in the rapidly changing energy sector. To date, ENV has deployed over EUR110M of capital across 23 investments worldwide, with an emphasis on Europe, North America, Israel and Asia.

Johann Boukhors

Managing Director

Alessandro Paganini

CEO

Vincent Pichon

Investment Director

Scott Pinizzotto

Senior Investment Director

Nigel Purcell

Investment Director

Laurent Rambaud

Investment Director

Vincent Ruinet

Investment Director

14 past transactions

H2SITE

Series A in 2022
H2SITE produces onsite and renewable H2 for small and medium companies.

C-Zero

Venture Round in 2022
C-Zero develops a natural gas decarbonizing technology designed to avoid the generation of carbon dioxide from energy processing. The company's technology removes the carbon from natural gas so that energy consumers can enjoy zero-emission, low-cost energy on demand. It uses high-temperature catalytic melt systems to break down methane, the primary molecule in natural gas, into hydrogen and solid carbon.

Raptor Maps

Series B in 2022
Raptor Maps, Inc. is a software company that specializes in artificial intelligence solutions for the solar industry. Founded in 2015 and based in Somerville, Massachusetts, the company develops software that transforms drone and asset data into detailed analytics and reports for solar companies. By leveraging multi-spectral imaging and cloud computing, Raptor Maps provides comprehensive data coverage and insights that help identify and address anomalies affecting energy production. The company offers a range of services including aerial thermal inspections, shading analysis, and construction monitoring, catering to portfolio owners, asset managers, operations and maintenance providers, engineering, procurement, and construction contractors, and independent engineers. By facilitating the adoption of drone technology, Raptor Maps enables solar companies to enhance performance, reduce costs, and standardize evaluations across their photovoltaic assets.

UnaBiz

Series B in 2021
UnaBiz Pte Ltd is an Internet of Things (IoT) solutions company founded in 2016 and headquartered in Singapore, with an additional office in Taipei, Taiwan. The company specializes in providing low-power wide-area network (LPWAN) services, notably through its partnership with SIGFOX. UnaBiz offers a range of affordable, energy-efficient products, including wireless infrastructure, IoT devices, and solutions for various sectors such as healthcare, agriculture, utilities, and building management. Its offerings encompass product design, manufacturing, and consulting services, enabling clients to implement solutions for smart metering, asset management, and tracking. The company has established itself as a key player in the IoT ecosystem, operating in 28 countries and focusing on scalability and ease of deployment in its solutions. UnaBiz has received ISO 9001:2015 certification for its design and connectivity services, further underscoring its commitment to quality and innovation in the IoT landscape.

Energyworx

Venture Round in 2021
Energyworx B.V. is a software company that specializes in developing a Software-as-a-Service platform focused on energy data management and intelligence solutions. Established in 2012 and headquartered in Houten, the Netherlands, with an office in Houston, Texas, Energyworx aids utility companies in navigating and monetizing the energy transition. Its platform offers various services including grid optimization, consumer engagement, energy management, and device control, as well as energy efficiency and trading. Additionally, the company provides solutions for monitoring energy theft, billing data, and meter data management. By correlating and analyzing diverse data sources, Energyworx enables organizations to gain real-time insights, optimize their operations, and make informed business decisions in the evolving energy landscape.

Ndustrial

Series A in 2021
ndustrial.io offers analytical engines that help businesses control production, improve energy efficiency, and eliminate waste. They help organizations, primarily mid-tier manufacturers, become more competitive through energy efficiency, waste elimination, and other fiscally responsible, environmentally intelligent solutions. With a proprietary industrial operating system, the company integrates legacy data, streamlines deployments of new Industrial IoT assets, and hosts model predictive control algorithms. ndustrial.io services include energy efficiency retrofits, real-time energy analytics and sustainability monitoring software, renewable energy technologies, and sustainability consulting. It also deploys real-time cloud=based applications for factories and industrial facilities around the world. ndustrial.io was founded in 2015 and is based in Durham, North Carolina, United States.

Connected Energy

Venture Round in 2021
Connected Energy Ltd develops E-STOR which converts car batteries into energy storage systems. It uses recycled electric vehicle batteries to allow businesses to store excess energy which can be used later. The company offers software and services that provides load management services to maximize the potential for efficiencies and savings. It offers its technology to various sectors, such as healthcare, education, industrial, retail and commercial, water and waste, local authorities, and electricity utilities. The company was founded in 2010 and is based in Newcastle upon Tyne, United Kingdom. Connected Energy Ltd operates as a subsidiary of Future Transport Systems Ltd.

Redaptive

Private Equity Round in 2020
Redaptive, Inc. provides research and consultancy services for industrial power savings. The company also offers-commercial Efficiency-as-a-Service (EaaS) platform. Redaptive, Inc. was founded in 2015 and is based in San Francisco, California with additional locations in Dallas, Texas, and Boston, Massachusetts.

Energyworx

Venture Round in 2020
Energyworx B.V. is a software company that specializes in developing a Software-as-a-Service platform focused on energy data management and intelligence solutions. Established in 2012 and headquartered in Houten, the Netherlands, with an office in Houston, Texas, Energyworx aids utility companies in navigating and monetizing the energy transition. Its platform offers various services including grid optimization, consumer engagement, energy management, and device control, as well as energy efficiency and trading. Additionally, the company provides solutions for monitoring energy theft, billing data, and meter data management. By correlating and analyzing diverse data sources, Energyworx enables organizations to gain real-time insights, optimize their operations, and make informed business decisions in the evolving energy landscape.

Lancey Energy Storage

Venture Round in 2019
Lancey Energy Storage SAS designs, manufactures, and installs electric heater and radiators. The company’s products help to reduce the energy bill for households and to make energy storage accessible in every household. It also develops mobile application to manage and monitor energy consumption. The company was founded in 2016 and is based in Grenoble, France.

Connected Energy

Venture Round in 2019
Connected Energy Ltd develops E-STOR which converts car batteries into energy storage systems. It uses recycled electric vehicle batteries to allow businesses to store excess energy which can be used later. The company offers software and services that provides load management services to maximize the potential for efficiencies and savings. It offers its technology to various sectors, such as healthcare, education, industrial, retail and commercial, water and waste, local authorities, and electricity utilities. The company was founded in 2010 and is based in Newcastle upon Tyne, United Kingdom. Connected Energy Ltd operates as a subsidiary of Future Transport Systems Ltd.

UnaBiz

Series A in 2018
UnaBiz Pte Ltd is an Internet of Things (IoT) solutions company founded in 2016 and headquartered in Singapore, with an additional office in Taipei, Taiwan. The company specializes in providing low-power wide-area network (LPWAN) services, notably through its partnership with SIGFOX. UnaBiz offers a range of affordable, energy-efficient products, including wireless infrastructure, IoT devices, and solutions for various sectors such as healthcare, agriculture, utilities, and building management. Its offerings encompass product design, manufacturing, and consulting services, enabling clients to implement solutions for smart metering, asset management, and tracking. The company has established itself as a key player in the IoT ecosystem, operating in 28 countries and focusing on scalability and ease of deployment in its solutions. UnaBiz has received ISO 9001:2015 certification for its design and connectivity services, further underscoring its commitment to quality and innovation in the IoT landscape.

StreetLight Data

Series C in 2018
StreetLight Data brings mobility patterns to light for planners, modelers, and engineers by giving them on-demand access to the Big Data resources and processing software for transportation. Their online platform, StreetLight InSight lets its users turn anonymous location data from millions of mobile devices into customized, actionable analytics. It was founded in 2012 and is headquartered in San Francisco, California.

Serviz

Series C in 2016
Serviz, Inc. is a company that specializes in providing a wide range of home services, including plumbing, air conditioning, handyman work, carpet cleaning, appliance repair, electrical services, and house cleaning. The company offers various specific services such as garage door repairs, lighting installations, furniture assembly, and painting, as well as plumbing tasks like leak searches and faucet repairs. Additionally, it provides appliance repair services for items like refrigerators, washing machines, and ovens, along with electrical services for fans, outlets, and smoke detectors. Serviz operates an online platform and a mobile application that allows users to find and book local service providers easily. Founded in 2012 and initially known as ClubLocal, Serviz rebranded in 2014 and is headquartered in Woodland Hills, California. It primarily serves customers in the greater Los Angeles area and has been a subsidiary of Porch.com since August 2018.