Innogy Venture Capital

ESmart Systems provides AI-driven software solutions to the energy industry and service providers. The company is based on more than 20 years of international experience in establishing and operating knowledge based, leading IT and energy related companies targeting global markets. The company provides software solutions to the energy industry and service providers. Its cloud-born platform is designed to handle and exploit the Internet of Things, Big Data and Analytics in real-time. Common to all applications is vast data quantities gathered from sensors, which are analyzed using advanced prediction and optimization models. This results in completely new ways of visualizing data, making decisions and saving resources and costs. The platform is designed for Big Data from the ground up without legacy. eSmart Systems originates from the renowned IFE environment (Institute for Energy Technology). The company was founded in 2012 by an experienced team previously responsible for large IT service exports including delivery of the world's first power exchange to Nord Pool, the Nordic Power Exchange, in 1991. Since 2012 the company has grown rapidly and currently consists of almost 80 employees with offices in Norway, Denmark, the UK, and USA.

As the technology leader in organic photovoltaics, Heliatek develops, produces and distributes industrial-grade organic PV solar solutions for virtually any building surface (horizontal, vertical, curved, rigid, and flexible). Heliatek stands for energy solutions designed for various traditional and never been possible before applications based on its unique features – it is ultra-light, flexible and truly green. HeliaSol® is a ready-to-use solution, ideal for retrofitting on existing building structures. HeliaFilm® is tailor-made solar film for companies in the building and construction material industry, to integrate into their façade or roof system products. Heliatek currently employs about 160 people at the Dresden and Ulm locations in Germany. The Free State of Saxony, the Federal Republic of Germany, and the European Union funded research and development, as well as the installation of the production technology.

enercast GmbH specializes in renewable energy forecasting, offering software-as-a-service products that provide accurate power forecasts for wind and solar plants. Founded in 2011 and headquartered in Kassel, Germany, the company enables the effective integration of renewable energy into power grids and energy markets globally. Its self-learning forecasting solutions deliver approximately 100 million data points across 20 countries, covering a total of 160 GW of installed capacity. Additionally, enercast develops the enercast city system, which serves as a dashboard displaying the predicted share of renewable energy from various sources. The company is committed to advancing the digital transformation of renewable energy through applied artificial intelligence and big data, supporting businesses in their decision-making processes.

As the technology leader in organic photovoltaics, Heliatek develops, produces and distributes industrial-grade organic PV solar solutions for virtually any building surface (horizontal, vertical, curved, rigid, and flexible). Heliatek stands for energy solutions designed for various traditional and never been possible before applications based on its unique features – it is ultra-light, flexible and truly green. HeliaSol® is a ready-to-use solution, ideal for retrofitting on existing building structures. HeliaFilm® is tailor-made solar film for companies in the building and construction material industry, to integrate into their façade or roof system products. Heliatek currently employs about 160 people at the Dresden and Ulm locations in Germany. The Free State of Saxony, the Federal Republic of Germany, and the European Union funded research and development, as well as the installation of the production technology.

Kiwigrid GmbH is a German company that develops and operates a smart grid energy management platform aimed at the European market. Founded in 2011 and based in Dresden, Kiwigrid focuses on optimizing energy systems by integrating decentralized energy producers, storage systems, intelligent measuring systems, and electric mobility charging solutions. Their offerings include an energy management system that monitors energy consumption in homes and industries, as well as tools for capturing metering data and enabling features like peak shifting. Additionally, Kiwigrid provides a virtual power plant system that facilitates energy trading and real-time data management. Their solutions are designed to enhance transparency in energy usage, automate processes, and help clients efficiently manage renewable energy resources, ultimately reducing costs and improving control over energy operations across various sectors, including utilities, automotive, and real estate.

Mantex AB manufactures and sells industrial X-ray scanners, primarily serving the bioenergy, pulp and paper, and research sectors both in Sweden and internationally. Established in 1987 and based in Kista, Sweden, the company specializes in biofuel analyzers that evaluate the quality of wood-based biofuels, as well as flow scanners designed to assess wood chips for pulp and paper production. Mantex's innovative technology enables real-time analysis of organic materials used in various industrial processes, helping to identify foreign objects and measure material properties effectively. This capability is particularly important in addressing the challenges posed by variations in the water content of raw materials, which can impact the purchasing and processing of organic matter in large quantities.

Topell Energy is a Dutch, privately funded, clean technology company which has developed a cutting edge process for the production of high value solid bio-fuel from woody biomass. This process is generally known as torrefaction and the solid bio-fuel is usually referred to as torrefied biomass, refined biomass, or biocoal.

enercast GmbH specializes in renewable energy forecasting, offering software-as-a-service products that provide accurate power forecasts for wind and solar plants. Founded in 2011 and headquartered in Kassel, Germany, the company enables the effective integration of renewable energy into power grids and energy markets globally. Its self-learning forecasting solutions deliver approximately 100 million data points across 20 countries, covering a total of 160 GW of installed capacity. Additionally, enercast develops the enercast city system, which serves as a dashboard displaying the predicted share of renewable energy from various sources. The company is committed to advancing the digital transformation of renewable energy through applied artificial intelligence and big data, supporting businesses in their decision-making processes.

GreenWatt is an established CleanTech company offering full engineering services, covering feasibility study conception, construction and starting up of turn key small scale biogas plants around innovative and unique patented technologies solving all key issues of anaerobic digestion.

Airec have gained considerable expertise in the design, manufacture and application of Plate Heat Exchangers for most gas mediums. They also have resources for development, design and performance calculation of completely new products in the Gas Heat Exchangers Field.

Ceram Hyd, established in September 2005, focuses on research and development in hydrogen production, storage, and re-conversion to electricity. The company specializes in environmental technological products, utilizing its proprietary CERAPEM membrane technology, which features a flexible, flat-sheet ceramic ion exchange membrane known for its excellent conductivity and durability. This technology enables original equipment manufacturers to enhance the on-demand production of valuable products by electrolyzing ordinary salt brine and utilizing a pH-adjusting or cleaning agent. Through these innovations, Ceram Hyd aims to contribute to energy storage solutions and improve water and resource efficiency.

Stirling DK (www.stirling.com) is the world's leading provider of biomass fuelled Stirling engine based energy systems. These systems enable customers to become self-sufficient with onsite generation of carbon neutral heat and power, sourced from locally available renewable fuels. The current major shareholders of Stirling DK are Vækstfonden, Denmark, and RWE Innogy Ventures, Germany.

Mantex AB manufactures and sells industrial X-ray scanners, primarily serving the bioenergy, pulp and paper, and research sectors both in Sweden and internationally. Established in 1987 and based in Kista, Sweden, the company specializes in biofuel analyzers that evaluate the quality of wood-based biofuels, as well as flow scanners designed to assess wood chips for pulp and paper production. Mantex's innovative technology enables real-time analysis of organic materials used in various industrial processes, helping to identify foreign objects and measure material properties effectively. This capability is particularly important in addressing the challenges posed by variations in the water content of raw materials, which can impact the purchasing and processing of organic matter in large quantities.

Voith is a German manufacturer specializing in machinery for the pulp and paper industry, as well as technical equipment for hydropower plants and drive and braking systems. Established in 1867 and headquartered in Heidenheim an der Brenz, the family-owned company operates globally. Voith offers a diverse range of products and services in industrial machinery and equipment, focusing on innovation in automation and efficiency while considering environmental impact and safety management. The company also engages in various markets, providing solutions that support and enhance business operations. Additionally, Voith Hydro Ocean Current Technologies, formed as a joint venture in 2009, reflects the company’s commitment to advancing renewable energy technologies.

ReVolt Technology is a technology company, which is developing a rechargeable zinc-air battery. ReVolt's batteries may enable more high-power consumer devices, electric vehicles and renewable energy storage. The technology is a result of six years of intense research and development at SINTEF (the largest independent research institute in Scandinavia). Research on material combinations has solved issues historically related to the metal-air technology; power, lifetime and rechargeability.

quietrevolution is a manufacturer of innovative miniature wind turbines designed to enhance the efficiency of wind energy generation. Its flagship product, the qr5, addresses common drawbacks associated with conventional wind turbines, such as noise and size. By utilizing advanced composite materials like carbon fiber, the turbines achieve a balance of reduced weight and increased strength, resulting in improved power generation capabilities. The design of quietrevolution's turbines allows for a greater swept area while maintaining the aesthetic and functional integrity of traditional turbine models. This approach positions the company as a forward-thinking player in the renewable energy sector, appealing to energy businesses seeking effective and sustainable wind energy solutions.

Topell Energy is a Dutch, privately funded, clean technology company which has developed a cutting edge process for the production of high value solid bio-fuel from woody biomass. This process is generally known as torrefaction and the solid bio-fuel is usually referred to as torrefied biomass, refined biomass, or biocoal.