EIT InnoEnergy

EIT InnoEnergy, established in 2010 and based in Eindhoven, Netherlands, serves as an innovation engine for sustainable energy across Europe. The organization focuses on enhancing the success of start-ups and facilitating the growth of small and medium-sized enterprises (SMEs) while assisting corporations in mitigating risks associated with open innovation. By leveraging a global network of partners, EIT InnoEnergy connects entrepreneurs, investors, and industry stakeholders to foster collaboration and drive the development of market-ready solutions. The firm invests in seed-stage and early-stage companies across various sectors, including energy, climate technology, clean technology, and mobility. With the support of the European Institute of Innovation and Technology, EIT InnoEnergy aims to create an environment conducive to innovation and entrepreneurship, maximizing impact in the sustainable energy landscape.

Jacob Ruiter

CEO Benelux

Karine Vernier

Co-CEO, France and Executive Board Member

Past deals in Catalonia

FlexiDAO

Series A in 2022
FlexiDAO specializes in developing software for the energy sector. It offers utilities white-label blockchain applications on top of a middleware platform that can access any blockchain infrastructure in an enterprise-grade, secure way. The company is driven by a mission to effectively coordinate millions of distributed energy resources into the grid. FlexiDAO is supported by SET Ventures, accelerators KIC InnoEnergy, and Rockstart and is an affiliate member of the Energy Web Foundation. FlexiDAO was founded in 2017 and is headquartered in Barcelona, Spain.

Bamboo Energy

Seed Round in 2021
Bamboo Energy develops a platform for retailers and aggregators to easily manage and trade distributed flexibility resources. It aims to accelerate the energy transition, democratize access to cleaner and cheaper energy. The software platform provides ways to monetize the flexibility of energy assets and the integration of increasing renewable energy sources. It forecasts consumption, flexibility, and market conditions for portfolio management, it manages assets to take advantage of its flexibility to improve operational efficiency and improves client operations using artificial intelligence, mathematical optimization models, and cloud computing. Bamboo Energy was founded in 2020 in San Adrián De Besós, Catalonia.

Bamboo Energy

Seed Round in 2021
Bamboo Energy develops a platform for retailers and aggregators to easily manage and trade distributed flexibility resources. It aims to accelerate the energy transition, democratize access to cleaner and cheaper energy. The software platform provides ways to monetize the flexibility of energy assets and the integration of increasing renewable energy sources. It forecasts consumption, flexibility, and market conditions for portfolio management, it manages assets to take advantage of its flexibility to improve operational efficiency and improves client operations using artificial intelligence, mathematical optimization models, and cloud computing. Bamboo Energy was founded in 2020 in San Adrián De Besós, Catalonia.

Routal

Series A in 2021
SmartMonkey provides learning AI software solutions for logistics services and field operations. SmartMonkey software learns from a company’s operational and logistics digital history, utilizing existing technology and knowledge as well as IoT methodologies to ensure accuracy in data poor environments.

Smartive

Seed Round in 2020
Smartive is a company based in Barcelona, Spain, founded in 2013, that specializes in the design and development of intelligent platforms aimed at enhancing the operation and efficiency of the energy market, particularly in wind turbine management. The company offers a range of services, including monitoring, diagnosis, and prognosis of wind turbines through its products like Smartcast, Smartgear, Smartscada, Smartboard, and Smartaudit. By leveraging technologies such as artificial intelligence, cloud computing, and data mining algorithms, Smartive provides real-time data analysis and intuitive interfaces for energy sector companies. Its advanced services focus on the real-time processing of SCADA data, enabling the detection of turbine faults and optimization of performance, thereby supporting the transition to renewable energy and promoting energy efficiency.

Beedata

Seed Round in 2020
Beedata is a spin-off company of BEE Group (Building, Energy and Environment Group) de CIMNE. It makes big data accessible to small and medium energy retailers through the first open-source platform for customer engagement and business intelligence. The company was founded in 2017 after 10+ years of experience in the research of the European energy market in projects like BECA, Encerticus, and Empowering.

AEInnova

Series A in 2020
AEInnova is a company incorporated in late 2014 with a vocation clearly oriented to research, innovation, and development of new products related to alternative energies. In particular, its main objective is the development of technologies for the production of electrical energy through the recovery of waste heat (thermoelectrical energy harvesting).

FlexiDAO

Seed Round in 2019
FlexiDAO specializes in developing software for the energy sector. It offers utilities white-label blockchain applications on top of a middleware platform that can access any blockchain infrastructure in an enterprise-grade, secure way. The company is driven by a mission to effectively coordinate millions of distributed energy resources into the grid. FlexiDAO is supported by SET Ventures, accelerators KIC InnoEnergy, and Rockstart and is an affiliate member of the Energy Web Foundation. FlexiDAO was founded in 2017 and is headquartered in Barcelona, Spain.

Nnergix

Seed Round in 2016
Nnergix collects weather and energy data from multiple sources from the industry in order to feed owned machine learning based algorithms to run several analytic solutions with the main goal to help any player in the field to be more efficient during operations and reduce costs.

Place to Plug

Convertible Note in 2015
Place to Plug is an innovative electric vehicle (EV) charging platform that utilizes AI and blockchain technology to connect EV drivers with charging points. The platform aggregates a wide range of public and private charging locations, allowing users to easily find, book, and access these points without needing to be a direct customer of any specific operator. By creating a comprehensive and collaborative network, Place to Plug aims to simplify the charging process for EV drivers and enhance the overall charging experience, positioning itself as a leading referral platform in the global EV charging market.

Sadako Technologies

Seed Round in 2015
Sadako Technologies, S.L. is a Spanish company founded in 2012, focused on developing artificial intelligence-based software solutions and devices for waste sorting. The company specializes in advanced technologies such as computer vision and robotics, creating innovative solutions for waste processing. Their primary offering includes deep learning software integrated with robotic suction cups, which utilizes proprietary algorithms linked to a multi-layer neural network system hosted in the cloud. Sadako Technologies aims to deliver practical solutions that create significant value for customers and society. The company has been recognized for its innovation, receiving the "Seal of Excellence Certificate" from Horizon 2020 and the "Innovative SME" accreditation from the Spanish Ministry of Economy. The company is headquartered in L'Hospitalet de Llobregat, Spain.

Nnergix

Pre Seed Round in 2015
Nnergix collects weather and energy data from multiple sources from the industry in order to feed owned machine learning based algorithms to run several analytic solutions with the main goal to help any player in the field to be more efficient during operations and reduce costs.

AEInnova

Private Equity Round in 2014
AEInnova is a company incorporated in late 2014 with a vocation clearly oriented to research, innovation, and development of new products related to alternative energies. In particular, its main objective is the development of technologies for the production of electrical energy through the recovery of waste heat (thermoelectrical energy harvesting).
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