PGE Ventures

PGE Ventures, established in 2017, is the corporate venture capital arm of PGE Polska Grupa Energetyczna, located in Warsaw, Poland. The fund focuses on investing in startups that are connected to the energy value chain, aiming to achieve both financial returns and strategic advantages. It provides financial support as well as access to PGE Group’s operational expertise, addressing the specific needs of emerging entrepreneurs. PGE Ventures is particularly interested in projects that enhance the optimization of operations, energy storage, clean generation technologies, and innovative IT and communication services, including big data and smart home solutions. The fund actively seeks partnerships with incubators, accelerators, and other organizations that can help identify promising startups, while also being open to co-investments with other venture capital funds. Through its initiatives, PGE Ventures aims to foster the development of innovative projects that can evolve into profitable businesses within the energy sector and beyond.

Mateusz Glogowski

Director

Tomasz Jakubaik

President of the Management Board

Tomasz Jakubiak

President

4 past transactions

Solytic

Venture Round in 2022
SOLYTIC is the future of pv analytics. We start where monitoring ends. Most photovoltaic monitoring software provides information about the real production output. This we do as well, just in more detail. Additionally, we analyze the pv-system and put it in comparison with an independent benchmark. SOLYTIC allows O&M services to easily and instantly detect a need for action. That increases effectiveness and efficiency of the service itself.

ConnectPoint

Seed Round in 2019
ConnectPoint Sp. z o.o. is an IT company based in Warsaw, Poland, specializing in digitization solutions for the manufacturing, energy, and utility sectors. Founded in 2010, the company focuses on the entire data analytics process, from collection to advanced analysis, delivering end-to-end solutions that integrate software development and system integration. ConnectPoint's offerings include proprietary products such as smartvee, smart RDM, and nexo energy, which leverage big data, business intelligence, and machine learning. The company's online IoT integration platform is designed to optimize production and distribution processes while enabling predictive maintenance and remote control capabilities. By providing these innovative solutions, ConnectPoint assists clients in reducing operating costs and minimizing carbon emissions.

Lerta

Seed Round in 2018
Lerta designs an operations platform for entities involved in production, distribution, or trading of electricity or gas. Its platform provides utility companies with digital transformation and new business development. It helps to manage a large number of dispersed power units in the energy production sector. It focuses on measurements, automatization of the decision making process, and improvement of operations efficiency in companies involved in the production, distribution or trading of gas and energy.

PiMerge

Seed Round in 2018
PiMerge S.A., founded in 2015 and based in Wroclaw, Poland, specializes in the production of composite coal fuel derived from sludge and flotation concentrates generated during hard coal production. The company addresses various environmental challenges by managing coal waste, which helps reduce smog and lower storage costs associated with industrial waste. Additionally, PiMerge explores innovative applications for solidifying fragmented wastes, including the creation of high-quality building materials from saline and ultra-fine desert sands. Its waste management services focus on optimizing resource recovery from manufacturing byproducts, allowing industries to minimize pollution and improve their environmental footprint while efficiently storing and processing waste.
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