BayWa r.e. Energy Ventures

BayWa r.e. Energy Ventures is a venture capital firm based in Munich, Germany, established in 2018. It focuses on early-stage investments in the energy sector, specifically targeting scalable business models in digital energy solutions, storage, and e-mobility. The firm operates as the corporate venture capital arm of BayWa r.e. Holding, which provides a combination of corporate stability and a deep understanding of the energy market. BayWa r.e. Energy Ventures emphasizes the importance of strong collaboration and chemistry among founders, management teams, and investors to drive success in its investments across Europe and Israel.

Elizabeth Intsiful

Senior Investment Manager

Iris Jensen

Senior Associate

Raamu Moneyam

Investment Manager

Greg Zavorotniy

Managing Director

7 past transactions

Pexapark

Series B in 2022
Pexapark AG is a Swiss company that specializes in providing a comprehensive platform for managing revenue and risks associated with renewable energy sales. Established in 2017 and based in Schlieren, Switzerland, Pexapark offers software and advisory services tailored for post-subsidy renewable energy sales, particularly focusing on solar, wind, and hydro investments. Its flagship solution, PEXA®connect, facilitates power purchase agreement (PPA) transactions by managing negotiations, sourcing offtakers, and offering insights into energy trading. With over 60 PPA transactions supported, totaling more than 10 gigawatts, Pexapark distills two decades of energy trading expertise into user-friendly tools that empower clients to navigate renewable energy risks effectively. Additionally, the company fosters a community platform for renewable energy professionals, aiming to accelerate the transition to a sustainable energy future.

Roofit.solar

Series A in 2021
Roofit Solar Energy OÜ manufactures photovoltaic (PV) solar roofing panels. The company’s products include Roofit Module 160W, Roofit Module 135W, and Roofit Module 110W. It also provides installation services for residential and commercial customers. Roofit Solar Energy OÜ was incorporated in 2016 and is based in Tallinn, Estonia.

zolar

Series B in 2020
ZOLAR GmbH, founded in 2016 and based in Berlin, Germany, specializes in designing and delivering customized solar and battery systems for residential use. The company provides an online platform that allows homeowners to record data about their properties, plan installations, and configure their solar systems. ZOLAR also offers on-site project visits and installation services, facilitating a seamless transition to private energy supply. By enabling households to generate, store, and consume their own energy, ZOLAR aims to promote energy independence and reduce reliance on traditional energy providers, ultimately lowering costs for consumers.

Pexapark

Series B in 2020
Pexapark AG is a Swiss company that specializes in providing a comprehensive platform for managing revenue and risks associated with renewable energy sales. Established in 2017 and based in Schlieren, Switzerland, Pexapark offers software and advisory services tailored for post-subsidy renewable energy sales, particularly focusing on solar, wind, and hydro investments. Its flagship solution, PEXA®connect, facilitates power purchase agreement (PPA) transactions by managing negotiations, sourcing offtakers, and offering insights into energy trading. With over 60 PPA transactions supported, totaling more than 10 gigawatts, Pexapark distills two decades of energy trading expertise into user-friendly tools that empower clients to navigate renewable energy risks effectively. Additionally, the company fosters a community platform for renewable energy professionals, aiming to accelerate the transition to a sustainable energy future.

zolar

Series B in 2019
ZOLAR GmbH, founded in 2016 and based in Berlin, Germany, specializes in designing and delivering customized solar and battery systems for residential use. The company provides an online platform that allows homeowners to record data about their properties, plan installations, and configure their solar systems. ZOLAR also offers on-site project visits and installation services, facilitating a seamless transition to private energy supply. By enabling households to generate, store, and consume their own energy, ZOLAR aims to promote energy independence and reduce reliance on traditional energy providers, ultimately lowering costs for consumers.

Raycatch

Series B in 2018
Raycatch Ltd. is an Israeli company that specializes in AI diagnostics technology for the solar energy sector. The company has developed an automated software-as-a-service platform that transforms the management of solar assets by analyzing existing data to facilitate on-demand maintenance and operational efficiency. Its application, DeepSolar™, provides daily analysis of production data, delivering comprehensive diagnostic insights for photovoltaic (PV) portfolios. These insights cover various aspects such as component performance, maintenance needs, and operational efficiencies, allowing solar plant owners to enhance energy yield and reduce operational costs without the need for hardware installation or site visits. By automating the decision-making process for solar asset management, Raycatch aims to improve profitability and promote the broader adoption of solar energy in the global market.

Blixt

Seed Round in 2018
Blixt Tech AB, founded in 2018 and based in Stockholm, Sweden, specializes in developing semiconductor-based digital circuit breakers and household fuses. The company's innovative technology aims to enhance smart metering and smart grid solutions, providing energy service providers and households with improved electricity infrastructure. Blixt's solid-state technology platform offers reliable and efficient management of electrical currents and voltages in real-time, catering to the growing needs of all-electric technology companies. Since its inception, Blixt has raised a total of two million euros, primarily from angel investors, with BayWa re Energy Ventures being the main investor in its seed funding round.
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