EIT InnoEnergy

Founded in 2010 and based in Eindhoven, Netherlands, EIT InnoEnergy is a leading innovation engine focused on sustainable energy. The company operates with a mission to support the growth of early-stage companies in sectors such as climate technology, clean technology, mobility, and the Internet of Things. EIT InnoEnergy invests primarily in seed and early-stage businesses, aiming to enhance their potential through value-added services that mitigate risks and accelerate development. With offices across Europe and the United States, the firm is committed to fostering innovation in the energy sector to drive sustainable solutions.

Mikel Lasa

Managing Director

Christian Müller

CEO of KIC InnoEnergy Germany

Diego Pavía

CEO

Jacob Ruiter

Co-CEO, Benelux and Executive Board Member

Johanne Ulrich

Investment Director, France

Karine Vernier

CEO

Lowina Lundström

CEO

Past deals in CleanTech

GravitHy

Venture Round in 2025
GravitHy is a sustainable iron and steel company dedicated to decarbonizing steel production through innovative technologies. The company focuses on producing low CO₂ Direct Reduced Iron (DRI) using renewable hydrogen, which allows for the creation of clean hydrogen and supports the growing demand for zero-carbon steel. By prioritizing sustainability, GravitHy aims to significantly reduce the carbon footprint associated with steel manufacturing, positioning itself as a leader in the green industrial revolution.

Hepta Insights

Venture Round in 2025
Hepta Airborne Ltd specializes in airborne inspection and technical analysis, offering consulting services primarily for the electricity infrastructure sector. Utilizing advanced drones with a six-hour flight capability, the company conducts inspections of poles, lines, insulators, transformers, and other equipment, while also assisting in the planning and route selection for overhead lines, land cables, and renewable energy projects. Hepta Airborne integrates its drone technology with autonomous data processing platforms and various sensors to deliver accurate assessments, thereby enhancing efficiency for power grid operators. Additionally, the company provides geographic information system consulting and utility construction design services, ensuring comprehensive support for clients' needs. Founded in 2017 and headquartered in Tallinn, Estonia, Hepta Airborne emphasizes the importance of big data in optimizing inspection processes and reducing environmental impact.

Swobbee

Venture Round in 2024
Swobbee is a Berlin-based startup focused on commercializing battery swapping for micro-mobility vehicles. The company has developed an infrastructure that features battery exchange stations, functioning as a "gas station" for light electric vehicles (LEVs). By providing a user-friendly application, Swobbee allows users to swap empty batteries for fully charged ones, ensuring the constant availability of fully charged batteries at an affordable price. This innovative solution addresses the challenges faced by shared micro and light electric fleets, making it easier for users to access energy on demand as per their needs.

Stockholm Water Technology

Venture Round in 2024
Stockholm Water Technology specializes in creating innovative and sustainable water purification solutions, focusing on capacitive deionization technology. The company combines advanced nanotechnology materials with smart engineering to develop a patented, membrane-free approach to water desalination. This technology is designed to achieve high water recovery rates while minimizing energy consumption and costs, making it a viable option for clients seeking efficient water cleansing and desalination methods. By integrating both hardware and software, Stockholm Water Technology enhances the overall functionality of its systems, promoting environmentally friendly practices in water management.

Heliup

Venture Round in 2024
Heliup is a company focused on the design and manufacture of solar systems specifically tailored for the large rooftops of commercial and industrial buildings. It specializes in developing lightweight photovoltaic modules that help control energy costs for building owners. Heliup's solar solutions are designed to be insurable, reliable, and efficient, making them compatible with various building structures and load limitations. This enables building owners to optimize their energy consumption through solar power, promoting sustainability and reducing reliance on traditional energy sources.

FutureVoltaics

Seed Round in 2024
FutureVoltaics is a renewable energy company that specializes in solar technology. It manufactures innovative solar panels designed to generate energy efficiently even in challenging weather conditions such as winter, early morning, late afternoon, and cloudy days. The company's product, vertical bifacial solar panels with specially designed reflectors, aims to provide affordable and low-maintenance power solutions for customers.

Orchestra Scientific

Venture Round in 2024
Orchestra Scientific provides services on CO2 from emissions.

Cascade Drives

Venture Round in 2024
Cascade Drives AB, founded in 2014 and based in Stockholm, Sweden, specializes in manufacturing advanced power density cdGear-based solutions. The company's product lineup includes the CASCADE POWER electromechanical linear actuator, designed for electric forklifts; the CASCADE STEERING drive-by-wire electrical steering system for heavy-duty vehicles; and the CASCADE TORQUE gearbox, which is utilized in wind turbines and in-wheel propulsion systems. Cascade Drives focuses on delivering high-performing, eco-friendly, and cost-efficient solutions for industries such as mining, material handling, commercial transportation, and aircraft ground support. Their innovative technology allows for powerful linear drives that serve as efficient hydraulic replacements in electric vehicles, ultimately enhancing operational efficiency and reducing energy consumption for their customers.

Kerionics

Venture Round in 2024
Kerionics is a technology-focused company specializing in the production of ceramic membrane modules designed for the efficient separation of oxygen from air. The company engages in research and development in chemical engineering and ceramic technology, aiming to address the needs of industries with high oxygen consumption, such as ceramics, glassmaking, metallurgy, and petrochemicals. By leveraging its advanced technology, Kerionics enables clients to utilize residual heat from thermal combustion processes, enhancing energy efficiency and reducing fuel costs. This innovation not only improves industrial processes but also boosts product quality and competitiveness for its customers.

NitroCapt

Venture Round in 2024
NitroCapt is a climate-tech company focused on producing green nitrogen fertilizers through an innovative chemical process known as SUNIFIX. This technology allows for the extraction of nitrogen from the air, creating climate-neutral fertilizers that are both cost-effective and sustainable. By offering a fossil-free alternative to traditional nitrogen fertilizers, NitroCapt aims to enhance agricultural productivity while promoting sustainability. The company's business model is designed to make its customers more profitable compared to the use of fossil-based fertilizers, facilitating a transition to a decarbonized nitrogen fertilizer industry. Through its efforts, NitroCapt supports farmers in adopting sustainable agricultural practices.

Atawey

Venture Round in 2024
ATAWEY, founded in 2012 by Jean-Michel Amaré and Pierre-Jean Bonnefond, specializes in designing and manufacturing autonomous energy solutions specifically for isolated sites. The company employs established French technologies to provide innovative and sustainable energy products tailored to the unique needs of each client. ATAWEY focuses on delivering turnkey power supply systems, including hydrogen refueling stations, which offer a clean and reliable alternative to traditional energy sources. By addressing the challenges of energy availability in remote locations, ATAWEY ensures that businesses can access green energy even in situations where batteries may be depleted and diesel options have a substantial carbon footprint. The company is committed to project management that emphasizes adaptability, reliability, and environmental responsibility, aiming for economic viability and quick returns on investment for its clients.

FertigHY

Seed Round in 2024
FertigHy is a manufacturing company that produces and distributes low-carbon agricultural fertilizers. It specializes in using renewable hydrogen to create ammonia, a key component in fertilizers, aiming to help European farmers reduce their carbon footprint and enhance food security.

RenerCycle

Venture Round in 2024
RenerCycle is a company dedicated to developing solutions for the circular economy within the wind energy sector. Its mission is to minimize the consumption of natural resources and maximize the lifespan of products, materials, and resources in the economy. RenerCycle operates both nationally and internationally, promoting a non-linear production and consumption model that reduces waste and enables clients to adopt supporting strategies and policies.

CorPower Ocean

Series B in 2024
CorPower Ocean AB, founded in 2009 and headquartered in Hägersten, Sweden, specializes in the development of high-efficiency wave energy converters (WECs). These innovative devices, designed to harness energy from ocean waves, utilize a heaving buoy that captures energy from both surge and heave motions. The buoy is connected to the seabed with a taut mooring line, featuring a pneumatic pre-tension module that enhances stability and efficiency. CorPower's WECs are noted for delivering five times higher annual energy output per ton compared to earlier wave power technologies, making them competitive with offshore wind in terms of cost-effectiveness. The company is currently testing its products in collaboration with Iberdrola and boasts a team with substantial expertise in energy generation, design, and system engineering. CorPower Ocean aims to contribute to the transition towards zero-carbon energy by providing a reliable and economical source of electricity derived from ocean waves.

PIONIERKRAFT

Series A in 2024
Pionierkraft, founded in 2019 and based in München, Bayern, specializes in developing sustainable energy solutions that enhance on-site energy consumption. The company aims to make renewable energy more accessible and affordable by facilitating the sharing of self-generated energy among neighborhood households. By focusing on the economic and legal aspects of energy sharing, Pionierkraft helps owners of photovoltaic systems secure their self-generated energy in a user-friendly manner, empowering more individuals to meet their daily energy needs sustainably.

Altris

Series B in 2024
Altris specializes in the development of sustainable sodium-ion battery cathode materials, primarily through its innovative product, Fennac®. This cathode material is composed of abundant and non-toxic components, including iron, sodium, carbon, and nitrogen, which are environmentally friendly and widely available. By focusing on these materials, Altris aims to create batteries that reduce reliance on scarce and geopolitically sensitive resources such as lithium, cobalt, and nickel. The company's technology not only enhances energy storage efficiency but also promotes a greener future by ensuring safer and more affordable battery solutions. Altris's commitment to sustainability extends throughout the entire lifecycle of its products, from production processes to end-of-life recycling.

LignEasy

Grant in 2024
LignEasy is a company that focuses on developing an innovative lignin recovery solution tailored for kraft pulp mills. Their technology allows for the separation of lignin, a valuable byproduct, without the use of sulfuric acid, ensuring a low-impact approach. This system is designed to seamlessly integrate into existing pulp mill operations without disrupting the chemical balance or productivity. By enabling more resource-efficient processes, LignEasy contributes to sustainability in the pulp and paper industry, making it easier for mills to capitalize on lignin recovery while maintaining operational effectiveness.

Wattalps

Series A in 2024
Wattalps specializes in developing lithium power systems aimed at providing affordable battery solutions for small and medium series applications. The company's products prioritize passive safety, cooling efficiency, long life, and cell protection, facilitating the integration of these systems into vehicles and charging stations. With a focus on creating standard and modular designs, Wattalps aims to simplify installation processes, making them both fast and cost-effective. By advancing these technologies, the company contributes to the broader adoption of electric vehicles and sustainable transportation solutions.

Hymeth

Venture Round in 2024
Hymeth is a privately held company based in Soborg, Denmark, established in 2016. It specializes in the production of sustainable gases, specifically through its innovative technology that combines hydrogen and methane. The company has developed an electromagnetic electrolyzer that efficiently splits water into hydrogen and oxygen, subsequently producing methane. This process allows for the conversion of excess renewable electrical energy into hydrogen, facilitating easier storage and refueling for fuel cell vehicles. Additionally, Hymeth's technology serves various industries, including shipping and mining, by providing safer and more environmentally friendly fuel alternatives compared to traditional options.

GravitHy

Seed Round in 2024
GravitHy is a sustainable iron and steel company dedicated to decarbonizing steel production through innovative technologies. The company focuses on producing low CO₂ Direct Reduced Iron (DRI) using renewable hydrogen, which allows for the creation of clean hydrogen and supports the growing demand for zero-carbon steel. By prioritizing sustainability, GravitHy aims to significantly reduce the carbon footprint associated with steel manufacturing, positioning itself as a leader in the green industrial revolution.

Swedish Algae Factory

Venture Round in 2024
Swedish Algae Factory AB, established in 2014 and located in Gothenburg, Sweden, specializes in algae cultivation and wastewater treatment systems. The company focuses on extracting nanoporous silica from silicon algae, a material that enhances the efficiency of solar panels by trapping visible light and blocking UV light. Laboratory tests have shown promising results in improving solar panel performance. Additionally, the nanoporous material has applications beyond energy, including use in skincare products for moisturizing, cleaning, and UV protection, thanks to its ability to absorb and release particles based on environmental conditions.

Holosolis

Seed Round in 2024
Holosolis is a European manufacturer specializing in the production of photovoltaic modules. Its mission is to support the EU's energy sovereignty objectives and combat global warming. The company aims to construct Europe's largest photovoltaic panel factory, offering a scalable, low-carbon footprint, and socially responsible solution to meet the increasing demand for renewable energy.

TaiSan

Pre Seed Round in 2024
TaiSan is a company focused on developing innovative battery materials, specifically proprietary quasi-solid gel polymer electrolytes and sodium-potassium metal anodes that facilitate the creation of quasi-solid-state sodium batteries. This technology significantly enhances energy density, making it particularly suitable for battery electric vehicles. By collaborating with battery and automotive original equipment manufacturers, TaiSan aims to scale its technology, having already established 19 non-binding memoranda of understanding. The company's advancements contribute to faster charging capabilities, reduced dendrite growth that can compromise battery life, and minimized risks associated with leakage and fire.

ecop Technologies GmbH

Venture Round in 2024
ECOP Technologies GmbH, founded in 2007 and headquartered in Vienna, Austria, specializes in the development of advanced heat pump technology solutions for heating and cooling applications. The company manufactures rotation heat pumps for industrial use, utilizing a unique, multi-patented technology that enables high-temperature performance without the need for refrigerants. This innovation allows for flexible adaptation to various requirements while ensuring economic efficiency and energy recovery, thereby supporting environmental protection and cost savings for businesses. Production occurs in Upper Austria, while the development center is equipped with cutting-edge technologies in Vienna. ECOP has received multiple accolades, including the European Commission's European Environmental Award and the State Prize for Environmental Technology, recognizing its contributions to sustainable energy solutions.

QIEN

Venture Round in 2024
Qien is an IT services and consulting firm that specializes in software solutions for climate control and energy efficiency. The company has developed a building management system that monitors the energy consumption of various devices through self-learning software. This smart energy system employs an intelligent algorithm to forecast energy demand in advance, based on local weather conditions. By continuously optimizing the distribution of sustainable energy, Qien assists clients in the real estate industry in managing the fluctuating conditions caused by changing weather patterns.

FlexiDAO

Venture Round in 2024
FlexiDAO is a company that specializes in renewable energy tracking software, leveraging blockchain technology to certify and trace electricity from production to consumption. Its platform allows clients to make credible and verifiable claims about their energy's carbon footprint on an hourly basis. By providing real-time traceability and certification of origin for renewable energy, FlexiDAO enables customers to better understand the source and environmental impact of their energy usage. This capability supports businesses in procuring cleaner electricity and advancing their decarbonization efforts, ultimately making the goal of 24/7 carbon-free energy more attainable.

HPS

Venture Round in 2024
HPS Home Power Solutions GmbH specializes in manufacturing solar energy management systems designed for the non-commercial sector, particularly targeting single and multi-family homes. Founded in 2014 and based in Berlin, the company offers a product known as Picea, an integrated system that combines energy storage, heating assistance, and indoor ventilation. This system utilizes green hydrogen to store solar energy, which can then be converted into electrical energy for household use. In addition to hardware, HPS also develops software to manage energy utilization effectively. By focusing on eco-friendly energy solutions, HPS aims to facilitate sustainable energy practices and provide valuable services to its users.

Geolinks

Venture Round in 2024
Geolinks is a deep tech startup that develops sustainable geophysical monitoring solutions.

AQUABATTERY

Seed Round in 2024
AquaBattery specializes in the development of cleantech flow batteries designed for large-scale energy storage. The company focuses on providing affordable, sustainable, and safe energy storage solutions by utilizing renewable energy technologies. AquaBattery's innovative approach involves storing electricity using a simple combination of water and table salt, allowing for a power unit that can be adjusted independently from the energy storage capacity. This ensures that clients receive batteries that are not only effective but also free from harmful and toxic chemicals, making them an environmentally friendly choice for various energy storage needs.

Hepta Insights

Venture Round in 2024
Hepta Airborne Ltd specializes in airborne inspection and technical analysis, offering consulting services primarily for the electricity infrastructure sector. Utilizing advanced drones with a six-hour flight capability, the company conducts inspections of poles, lines, insulators, transformers, and other equipment, while also assisting in the planning and route selection for overhead lines, land cables, and renewable energy projects. Hepta Airborne integrates its drone technology with autonomous data processing platforms and various sensors to deliver accurate assessments, thereby enhancing efficiency for power grid operators. Additionally, the company provides geographic information system consulting and utility construction design services, ensuring comprehensive support for clients' needs. Founded in 2017 and headquartered in Tallinn, Estonia, Hepta Airborne emphasizes the importance of big data in optimizing inspection processes and reducing environmental impact.

Carbon Centrum

Pre Seed Round in 2024
Carbon Centrum operates a pioneering platform that independently tracks individual carbon footprints, generating unique 'CarbonIDs' for data-driven offsets. This platform facilitates competitive purchases of these offsets by companies, fostering connections between individuals, brands, and carbon markets. Users adopt greener habits, lower their emissions, and earn compensation. Companies buy genuine offsets to achieve net-zero goals and gain insights into employee and customer preferences.

suena

Seed Round in 2023
Suena Energy is a pioneering provider of algorithmic and AI-based solutions for marketing battery storage and renewable energy. The company's advanced trading autopilot leverages cutting-edge algorithms and precise forecasts to optimize trading decisions in real time, enhancing efficiency across various power and electricity markets. Suena Energy's technology facilitates optimized marketing for stand-alone storage, as well as integrated systems combining photovoltaics and wind energy with storage. By employing machine learning, the firm calculates optimal participation in energy and balancing markets, taking technical factors into account. This innovative approach not only maximizes revenues and extends the lifespan of storage systems but also minimizes risks for clients. Additionally, Suena Energy offers portfolio optimization and white-label partner solutions, positioning itself as a leader in the integration of energy storage and renewables into power trading.

FineCell

Seed Round in 2023
FineCell is a manufacturer of sustainable cellulose microfibers, established in 2015 in Linköping, Sweden, by Jonatan Henschen, Jonas Engstrand, Monica Ek, and Kloce Dongfang Li. The company specializes in producing renewable and high-performance nanomaterials derived from forest resources. FineCell's cellulose microfibers exhibit unique physical and chemical properties that differentiate them from competing products, offering distinct benefits for various applications. These materials can be used as reinforcement, barriers, or fillers in industries such as packaging, automotive, personal care, food, pharmaceuticals, membranes, and paints. By enabling manufacturers to utilize cost-effective and simpler raw materials, FineCell contributes to reduced carbon footprints and supports sustainable product development. The company has received backing from Vinnova, Sweden’s innovation agency, and EIT InnoEnergy.

TokWise

Venture Round in 2023
TokWise is a technology platform focused on optimizing green energy portfolios. It offers a range of tools that facilitate automated energy data management, advanced portfolio forecasting, real-time position management, and commercial optimization. These features are designed to help customers make informed decisions more quickly and enhance their return on investment. By integrating various functions, TokWise aims to support users in navigating the complexities of the green energy sector effectively.

Rivus

Seed Round in 2023
Rivus Batteries is a green technology company specializing in sustainable energy storage solutions through its innovative, metal-free flow battery technology. By utilizing water-based organic electrolytes made from abundantly available elements, Rivus aims to provide a cost-effective and environmentally friendly alternative for long-duration energy storage. The company's focus on developing novel organic electrolytes not only enhances the efficiency of energy storage systems but also minimizes the environmental impact associated with traditional battery technologies. With its commitment to pioneering eco-friendly solutions, Rivus is positioned to contribute significantly to the advancement of grid-scale energy storage.

Wind My Roof

Venture Round in 2023
Wind My Roof specializes in the development of modular roof wind turbines aimed at optimizing wind energy utilization for flat-roofed buildings. Founded in 2018 and based in Vincennes, Ile-de-France, the company designs turbines that are installed along the edges of roofs, harnessing wind to generate electricity in urban and peri-urban settings. This innovative approach enables businesses and communities to decrease their reliance on conventional power sources, enhancing energy efficiency and improving return on investment.

Mecaware

Series A in 2023
MECAWARE specializes in battery recycling technology aimed at recovering critical metals and rare earth elements, thus supporting the sustainable supply chain for the battery sector. The company focuses on resource circularity and enhancing strategic autonomy through innovative solutions that promote eco-efficient industrial practices. By providing services for recycling critical metals from end-of-life batteries and production scraps, MECAWARE helps its customers secure their supply of essential materials while minimizing environmental impact.

Heliup

Venture Round in 2023
Heliup is a company focused on the design and manufacture of solar systems specifically tailored for the large rooftops of commercial and industrial buildings. It specializes in developing lightweight photovoltaic modules that help control energy costs for building owners. Heliup's solar solutions are designed to be insurable, reliable, and efficient, making them compatible with various building structures and load limitations. This enables building owners to optimize their energy consumption through solar power, promoting sustainability and reducing reliance on traditional energy sources.

Verkor

Series C in 2023
Verkor is a manufacturer of battery cells dedicated to producing low-carbon batteries to meet the rising demand for electric vehicles. The company emphasizes the development of batteries that have a significantly smaller carbon footprint compared to traditional options, which not only reduces overall emissions but also lowers logistics costs. By utilizing carbon-free electricity in its production processes, Verkor aims to provide businesses with affordable battery solutions that align with sustainability goals.

Novatron

Seed Round in 2023
Novatron is focused on developing a proprietary fusion power concept aimed at producing clean, sustainable energy. Collaborating with physicists, engineers, and academic institutions, the company seeks to create an energy system that not only reduces reliance on fossil fuels but also minimizes greenhouse gas emissions. By advancing fusion energy technology, Novatron aims to provide abundant and renewable energy solutions, contributing to a more sustainable future for humanity.

Candam Tech

Venture Round in 2023
Candam is focused on creating innovative technology for the waste management sector, particularly in Europe. The company has developed a patented Smart Ring technology that utilizes acoustic techniques and artificial intelligence algorithms to identify various types of packaging materials in real time. This system aims to enhance waste collection processes, increase recycling rates, and support the circular economy by providing efficient waste management solutions. By implementing its technological platform, Candam seeks to address challenges associated with waste production and improve access to waste management systems, particularly in urban areas dealing with specific waste categories such as pharmaceuticals.

RenerCycle

Venture Round in 2023
RenerCycle is a company dedicated to developing solutions for the circular economy within the wind energy sector. Its mission is to minimize the consumption of natural resources and maximize the lifespan of products, materials, and resources in the economy. RenerCycle operates both nationally and internationally, promoting a non-linear production and consumption model that reduces waste and enables clients to adopt supporting strategies and policies.

FertigHY

Pre Seed Round in 2023
FertigHy is a manufacturing company that produces and distributes low-carbon agricultural fertilizers. It specializes in using renewable hydrogen to create ammonia, a key component in fertilizers, aiming to help European farmers reduce their carbon footprint and enhance food security.

NitroCapt

Grant in 2023
NitroCapt is a climate-tech company focused on producing green nitrogen fertilizers through an innovative chemical process known as SUNIFIX. This technology allows for the extraction of nitrogen from the air, creating climate-neutral fertilizers that are both cost-effective and sustainable. By offering a fossil-free alternative to traditional nitrogen fertilizers, NitroCapt aims to enhance agricultural productivity while promoting sustainability. The company's business model is designed to make its customers more profitable compared to the use of fossil-based fertilizers, facilitating a transition to a decarbonized nitrogen fertilizer industry. Through its efforts, NitroCapt supports farmers in adopting sustainable agricultural practices.

FutureVoltaics

Pre Seed Round in 2023
FutureVoltaics is a renewable energy company that specializes in solar technology. It manufactures innovative solar panels designed to generate energy efficiently even in challenging weather conditions such as winter, early morning, late afternoon, and cloudy days. The company's product, vertical bifacial solar panels with specially designed reflectors, aims to provide affordable and low-maintenance power solutions for customers.

ZPARQ

Seed Round in 2023
Zparq designs and manufactures marine electric propulsion products, specializing in compact and scalable direct-drive systems for propeller-driven watercraft. Their technology aims to enhance marine electric propulsion by minimizing underwater drag and reducing production costs, while also featuring fewer failure points. This innovative approach enables clients in both the leisure boat and commercial vessel sectors to access efficient electric motor solutions, promoting sustainability and performance in marine applications.

Phytonics

Seed Round in 2023
Phytonics specializes in the development of innovative anti-reflective coating products designed for photovoltaic modules. The company's coatings provide a broadband, omnidirectional solution that enhances light-trapping capabilities, significantly improving the efficiency of solar energy systems. By offering glare-free solar modules, Phytonics aims to facilitate the transition to renewable energy sources, thereby contributing to the broader adoption of sustainable technologies.

Novatron

Seed Round in 2022
Novatron is focused on developing a proprietary fusion power concept aimed at producing clean, sustainable energy. Collaborating with physicists, engineers, and academic institutions, the company seeks to create an energy system that not only reduces reliance on fossil fuels but also minimizes greenhouse gas emissions. By advancing fusion energy technology, Novatron aims to provide abundant and renewable energy solutions, contributing to a more sustainable future for humanity.

EcoBean

Seed Round in 2022
Ecobean is a company that specializes in waste coffee management technology, transforming spent coffee grounds into sustainable raw materials and specialty chemicals. By collecting waste coffee from cafes and offices, Ecobean repurposes this byproduct into various eco-friendly products, including briquettes, biodegradable flower pots, biodegradable coffee capsules, oils, and fragrances. This innovative approach addresses the global challenge of coffee waste, which is abundant yet underutilized, and contributes to reducing carbon footprints. The company's proprietary technology not only promotes sustainability but also generates significant economic value by providing alternative energy sources and environmentally friendly products to the market.

Nevomo

Convertible Note in 2022
Nevomo is a pioneering company focused on developing advanced High-Speed Railways (HSR) using magnetic levitation, linear motor technology, and autonomous control systems. It is unique in its approach to gradually introducing Hyperloop-inspired solutions to the railway industry, through its patented magrail technology. This technology enables the modernization of conventional railway lines to achieve speeds of up to 300 kph (186 mph) and 415 kph (258 mph) on upgraded HSR lines, while maintaining the functionality of existing rail systems. Furthermore, the magrail system can transition into a hyperrail vacuum system, potentially reaching speeds of 600 kph (373 mph) and 1000 kph (621 mph). The company estimates that the capital expenditure for retrofitting existing railway infrastructure to magrail standards is comparable to highway construction, significantly lower than traditional HSR line costs. Additionally, the energy and maintenance costs associated with the magrail system are expected to be lower than those of conventional HSR systems. Founded in 2017, Nevomo has secured substantial funding and established partnerships with notable firms, while its research team includes experts with extensive experience in high-speed railway systems.

SeaQurrent

Venture Round in 2022
SeaQurrent is a developer of technology that harnesses tidal and ocean currents to generate clean electricity. The company specializes in creating energy plants that can operate in both shallow and deep low-velocity water, providing an alternative energy source with minimal impact on wildlife and human activities. SeaQurrent's systems are designed for easy and cost-effective installation and maintenance, making them accessible for various industries seeking sustainable energy solutions.

Silbat

Seed Round in 2022
Silbat is focused on developing innovative long-duration molten silicon batteries that utilize the latent heat of fusion of silicon for energy storage. These batteries are designed to provide a storage duration of up to 100 hours, making them an effective solution for integrating variable renewable energy sources into the power grid. Silbat's technology aims to achieve a capital expenditure of less than $10 per kilowatt-hour, positioning it as a cost-competitive alternative to conventional fossil fuel and nuclear power plants. By enabling efficient back-conversion of stored energy to electricity through thermophotovoltaics, Silbat's offerings help clients reduce energy storage costs and improve overall economic viability in the energy sector.

Graphenix Development

Series A in 2022
Graphenix Development.(“GDI”), founded in 2009, is a leader in graphenic dispersions, coatings, and high value applications. GDI's core competitive advantage is product oriented chemistry. GDI produces "Graphenic Intermediate Dispersion Systems" under their product line GRIDS(TM). GDI has developed a conductive ink with IIMAK, that was launched globally in Q1 2013. GDi will continue to develop new products with current and new partners.

Norwegian Crystals

Venture Round in 2022
Norwegian Crystals is a manufacturer focused on producing high-quality, low-carbon monocrystalline silicon products, including bricks, wafers, and ingots. These products are essential components for the photovoltaic industry, serving as substrates for solar cells and contributing to the development of solar modules. The company utilizes a proprietary pulling process and design to create both p-type and n-type monoblocks, ensuring efficiency and cost-effectiveness in its production. By prioritizing sustainability, Norwegian Crystals aims to support its clients in reducing harmful emissions and promoting environmentally friendly energy solutions.

FlexiDAO

Series A in 2022
FlexiDAO is a company that specializes in renewable energy tracking software, leveraging blockchain technology to certify and trace electricity from production to consumption. Its platform allows clients to make credible and verifiable claims about their energy's carbon footprint on an hourly basis. By providing real-time traceability and certification of origin for renewable energy, FlexiDAO enables customers to better understand the source and environmental impact of their energy usage. This capability supports businesses in procuring cleaner electricity and advancing their decarbonization efforts, ultimately making the goal of 24/7 carbon-free energy more attainable.

suena

Pre Seed Round in 2022
Suena Energy is a pioneering provider of algorithmic and AI-based solutions for marketing battery storage and renewable energy. The company's advanced trading autopilot leverages cutting-edge algorithms and precise forecasts to optimize trading decisions in real time, enhancing efficiency across various power and electricity markets. Suena Energy's technology facilitates optimized marketing for stand-alone storage, as well as integrated systems combining photovoltaics and wind energy with storage. By employing machine learning, the firm calculates optimal participation in energy and balancing markets, taking technical factors into account. This innovative approach not only maximizes revenues and extends the lifespan of storage systems but also minimizes risks for clients. Additionally, Suena Energy offers portfolio optimization and white-label partner solutions, positioning itself as a leader in the integration of energy storage and renewables into power trading.

ecop Technologies GmbH

Funding Round in 2022
ECOP Technologies GmbH, founded in 2007 and headquartered in Vienna, Austria, specializes in the development of advanced heat pump technology solutions for heating and cooling applications. The company manufactures rotation heat pumps for industrial use, utilizing a unique, multi-patented technology that enables high-temperature performance without the need for refrigerants. This innovation allows for flexible adaptation to various requirements while ensuring economic efficiency and energy recovery, thereby supporting environmental protection and cost savings for businesses. Production occurs in Upper Austria, while the development center is equipped with cutting-edge technologies in Vienna. ECOP has received multiple accolades, including the European Commission's European Environmental Award and the State Prize for Environmental Technology, recognizing its contributions to sustainable energy solutions.

Altris

Series A in 2022
Altris specializes in the development of sustainable sodium-ion battery cathode materials, primarily through its innovative product, Fennac®. This cathode material is composed of abundant and non-toxic components, including iron, sodium, carbon, and nitrogen, which are environmentally friendly and widely available. By focusing on these materials, Altris aims to create batteries that reduce reliance on scarce and geopolitically sensitive resources such as lithium, cobalt, and nickel. The company's technology not only enhances energy storage efficiency but also promotes a greener future by ensuring safer and more affordable battery solutions. Altris's commitment to sustainability extends throughout the entire lifecycle of its products, from production processes to end-of-life recycling.

Swobbee

Series A in 2022
Swobbee is a Berlin-based startup focused on commercializing battery swapping for micro-mobility vehicles. The company has developed an infrastructure that features battery exchange stations, functioning as a "gas station" for light electric vehicles (LEVs). By providing a user-friendly application, Swobbee allows users to swap empty batteries for fully charged ones, ensuring the constant availability of fully charged batteries at an affordable price. This innovative solution addresses the challenges faced by shared micro and light electric fleets, making it easier for users to access energy on demand as per their needs.

Gleam

Seed Round in 2022
GLEAM, founded by Mario Eibl in 2013, specializes in developing modular light electric vehicle platforms, initially inspired by the need for efficient urban delivery solutions. The company manufactures cargo e-bikes designed to facilitate car-independent and emission-free urban transportation. These e-bikes feature ample cargo space, an electric engine that produces no local emissions, and advanced suspension systems for enhanced control in urban traffic. Currently, GLEAM offers one core vehicle in the "Pedelec" category, with plans to expand its product line to include higher-speed models in 2024. By focusing on innovative design and functionality, GLEAM aims to support sustainable urban mobility.

NitroCapt

Venture Round in 2022
NitroCapt is a climate-tech company focused on producing green nitrogen fertilizers through an innovative chemical process known as SUNIFIX. This technology allows for the extraction of nitrogen from the air, creating climate-neutral fertilizers that are both cost-effective and sustainable. By offering a fossil-free alternative to traditional nitrogen fertilizers, NitroCapt aims to enhance agricultural productivity while promoting sustainability. The company's business model is designed to make its customers more profitable compared to the use of fossil-based fertilizers, facilitating a transition to a decarbonized nitrogen fertilizer industry. Through its efforts, NitroCapt supports farmers in adopting sustainable agricultural practices.

Skeleton Technologies

Series D in 2022
Skeleton Technologies is a manufacturer and developer of ultracapacitors that utilize a patented curved graphene material to provide high-energy and high-power-density energy storage solutions. The company specializes in delivering advanced energy storage systems that offer significantly enhanced performance, achieving twice the energy density and four times the power density compared to traditional products. Its ultracapacitors are designed for various applications in automotive, transportation, industrial, and renewable energy sectors, enabling these industries to improve efficiency, reduce fuel consumption, and lower carbon emissions. Skeleton Technologies serves a diverse clientele that includes engineering firms, the European Space Agency, and several Tier 1 automotive manufacturers.

Avocargo

Seed Round in 2021
Avocargo specializes in providing shared electric cargo bike services tailored for urban users. Through an online platform, the company allows individuals to rent cargo bikes conveniently from various locations within its service areas. This service enables users to transport goods efficiently, promoting a hassle-free experience in urban logistics. By offering flexible access to these cargo bikes, Avocargo addresses the growing demand for sustainable and convenient transportation solutions in cities.

VoltStorage

Series B in 2021
VoltStorage GmbH, based in Olching, Germany, specializes in developing and producing power storage devices that utilize eco-friendly redox flow technology. The company's flagship product, VoltStorage, is a vanadium redox flow battery system designed to store excess electricity generated by solar panels during the day for use at night. This innovative approach enables homeowners to access renewable energy around the clock, promoting sustainability and environmental responsibility. In addition to its products, VoltStorage offers installation and technical support services, ensuring customers can effectively integrate these systems into their homes. The company aims to make renewable energy more accessible and contribute to a cleaner, fairer world for future generations.

Verkor

Venture Round in 2021
Verkor is a manufacturer of battery cells dedicated to producing low-carbon batteries to meet the rising demand for electric vehicles. The company emphasizes the development of batteries that have a significantly smaller carbon footprint compared to traditional options, which not only reduces overall emissions but also lowers logistics costs. By utilizing carbon-free electricity in its production processes, Verkor aims to provide businesses with affordable battery solutions that align with sustainability goals.

FineCell

Seed Round in 2021
FineCell is a manufacturer of sustainable cellulose microfibers, established in 2015 in Linköping, Sweden, by Jonatan Henschen, Jonas Engstrand, Monica Ek, and Kloce Dongfang Li. The company specializes in producing renewable and high-performance nanomaterials derived from forest resources. FineCell's cellulose microfibers exhibit unique physical and chemical properties that differentiate them from competing products, offering distinct benefits for various applications. These materials can be used as reinforcement, barriers, or fillers in industries such as packaging, automotive, personal care, food, pharmaceuticals, membranes, and paints. By enabling manufacturers to utilize cost-effective and simpler raw materials, FineCell contributes to reduced carbon footprints and supports sustainable product development. The company has received backing from Vinnova, Sweden’s innovation agency, and EIT InnoEnergy.

Graphmatech

Venture Round in 2021
Graphmatech AB, founded in 2017 and based in Västerås, Sweden, specializes in the invention, development, and sale of innovative graphene-based nanocomposite materials. The company offers a range of products, including aros graphene thermal grease, aros graphene polymer 3D filament, aros graphene conductive ink, and aros graphene coated polymer powder. Graphmatech's materials leverage the exceptional electrical and thermal properties of graphene, providing high conductivity, lightweight characteristics, and enhanced durability. These attributes enable industries to create advanced products, contributing to the green transition by promoting the efficient use of materials. The company’s focus includes applications in the hydrogen economy and improved 3D printing technologies, offering solutions that utilize less material while achieving superior performance compared to traditional alternatives.

SunRoof

Seed Round in 2021
SunRoof manufactures 2-in-1 solar roofs and innovative façades that generate electricity without having to install traditional photovoltaic modules. This is the best replacement for a regular roof, offering the highest efficiency, the lowest carbon footprint, and a unique aesthetic. Our mission is to speed up the global transition to renewables by developing beautiful roofs that, by generating electricity, will cover the energy demand of the entire building.

Stockholm Water Technology

Series A in 2021
Stockholm Water Technology specializes in creating innovative and sustainable water purification solutions, focusing on capacitive deionization technology. The company combines advanced nanotechnology materials with smart engineering to develop a patented, membrane-free approach to water desalination. This technology is designed to achieve high water recovery rates while minimizing energy consumption and costs, making it a viable option for clients seeking efficient water cleansing and desalination methods. By integrating both hardware and software, Stockholm Water Technology enhances the overall functionality of its systems, promoting environmentally friendly practices in water management.

Camelina Company España

Seed Round in 2021
Camelina Company España is a leader in sustainable agriculture, specializing in the production of camelina, an industrial crop known for its environmental benefits. The company focuses on developing camelina plantations that yield oil and meal, primarily for use as feedstock in biojetfuel and biodiesel production. By introducing camelina into existing crop rotations, the company enhances agricultural sustainability without displacing food crops. Utilizing proprietary camelina seed varieties and advanced prediction models, Camelina Company optimizes elite varieties tailored to various cropping systems, ultimately helping farmers improve their profitability while promoting eco-friendly practices.

PIONIERKRAFT

Seed Round in 2021
Pionierkraft, founded in 2019 and based in München, Bayern, specializes in developing sustainable energy solutions that enhance on-site energy consumption. The company aims to make renewable energy more accessible and affordable by facilitating the sharing of self-generated energy among neighborhood households. By focusing on the economic and legal aspects of energy sharing, Pionierkraft helps owners of photovoltaic systems secure their self-generated energy in a user-friendly manner, empowering more individuals to meet their daily energy needs sustainably.

Solarworx

Seed Round in 2021
Solarworx is a Berlin-based company founded in 2017 that focuses on developing smart solar solutions for rural off-grid households and businesses. The company manufactures modular and grid-based solar systems designed to meet both current and future electricity demands. These systems generate energy that enables users to harness solar power in a cost-effective and efficient manner, thereby improving energy access for those in remote areas.

Gleam

Seed Round in 2021
GLEAM, founded by Mario Eibl in 2013, specializes in developing modular light electric vehicle platforms, initially inspired by the need for efficient urban delivery solutions. The company manufactures cargo e-bikes designed to facilitate car-independent and emission-free urban transportation. These e-bikes feature ample cargo space, an electric engine that produces no local emissions, and advanced suspension systems for enhanced control in urban traffic. Currently, GLEAM offers one core vehicle in the "Pedelec" category, with plans to expand its product line to include higher-speed models in 2024. By focusing on innovative design and functionality, GLEAM aims to support sustainable urban mobility.

Llewo

Series A in 2021
Llewo is an ecological last-mile operator based in Getafe, Community of Madrid, that provides eco-friendly logistics services aimed at promoting sustainable living. Founded in 2017, the company utilizes a fleet of vehicles powered by natural gas and compressed natural gas (CNG) to enhance energy efficiency for transport fleets. By focusing on reducing carbon footprints, Llewo ensures timely deliveries while fostering a positive environmental impact. The company's mission is to enable businesses to improve their operational sustainability and reduce their overall environmental impact through innovative mobility solutions.

CorPower Ocean

Venture Round in 2021
CorPower Ocean AB, founded in 2009 and headquartered in Hägersten, Sweden, specializes in the development of high-efficiency wave energy converters (WECs). These innovative devices, designed to harness energy from ocean waves, utilize a heaving buoy that captures energy from both surge and heave motions. The buoy is connected to the seabed with a taut mooring line, featuring a pneumatic pre-tension module that enhances stability and efficiency. CorPower's WECs are noted for delivering five times higher annual energy output per ton compared to earlier wave power technologies, making them competitive with offshore wind in terms of cost-effectiveness. The company is currently testing its products in collaboration with Iberdrola and boasts a team with substantial expertise in energy generation, design, and system engineering. CorPower Ocean aims to contribute to the transition towards zero-carbon energy by providing a reliable and economical source of electricity derived from ocean waves.

HPS

Series A in 2021
HPS Home Power Solutions GmbH specializes in manufacturing solar energy management systems designed for the non-commercial sector, particularly targeting single and multi-family homes. Founded in 2014 and based in Berlin, the company offers a product known as Picea, an integrated system that combines energy storage, heating assistance, and indoor ventilation. This system utilizes green hydrogen to store solar energy, which can then be converted into electrical energy for household use. In addition to hardware, HPS also develops software to manage energy utilization effectively. By focusing on eco-friendly energy solutions, HPS aims to facilitate sustainable energy practices and provide valuable services to its users.

Altris

Series A in 2021
Altris specializes in the development of sustainable sodium-ion battery cathode materials, primarily through its innovative product, Fennac®. This cathode material is composed of abundant and non-toxic components, including iron, sodium, carbon, and nitrogen, which are environmentally friendly and widely available. By focusing on these materials, Altris aims to create batteries that reduce reliance on scarce and geopolitically sensitive resources such as lithium, cobalt, and nickel. The company's technology not only enhances energy storage efficiency but also promotes a greener future by ensuring safer and more affordable battery solutions. Altris's commitment to sustainability extends throughout the entire lifecycle of its products, from production processes to end-of-life recycling.

Meva Energy

Seed Round in 2021
Meva Energy, founded in 2008 and based in Sweden, specializes in gasification technology aimed at generating renewable energy from small fraction fuels. The company focuses on biomass gasification, which allows for the production of power and heat energy. This technology is utilized in various applications, including heating buildings, melting materials, operating engines, and boiling water. By enabling clients to harness sustainable power and heat, Meva Energy contributes to improved profitability and environmental sustainability in energy production.

Hepta Insights

Seed Round in 2020
Hepta Airborne Ltd specializes in airborne inspection and technical analysis, offering consulting services primarily for the electricity infrastructure sector. Utilizing advanced drones with a six-hour flight capability, the company conducts inspections of poles, lines, insulators, transformers, and other equipment, while also assisting in the planning and route selection for overhead lines, land cables, and renewable energy projects. Hepta Airborne integrates its drone technology with autonomous data processing platforms and various sensors to deliver accurate assessments, thereby enhancing efficiency for power grid operators. Additionally, the company provides geographic information system consulting and utility construction design services, ensuring comprehensive support for clients' needs. Founded in 2017 and headquartered in Tallinn, Estonia, Hepta Airborne emphasizes the importance of big data in optimizing inspection processes and reducing environmental impact.

Rivus

Venture Round in 2020
Rivus Batteries is a green technology company specializing in sustainable energy storage solutions through its innovative, metal-free flow battery technology. By utilizing water-based organic electrolytes made from abundantly available elements, Rivus aims to provide a cost-effective and environmentally friendly alternative for long-duration energy storage. The company's focus on developing novel organic electrolytes not only enhances the efficiency of energy storage systems but also minimizes the environmental impact associated with traditional battery technologies. With its commitment to pioneering eco-friendly solutions, Rivus is positioned to contribute significantly to the advancement of grid-scale energy storage.

Celcibus

Seed Round in 2020
Celcibus AB is a Swedish innovation company specializing in materials for clean energy solutions, specifically through its development of patented catalyst technology. This technology enables the production of fuel cells that are sustainable and high-performing, entirely without noble metals. Celcibus's focus is on facilitating the global adoption of fuel cells by offering metal-free catalyst solutions suitable for various applications, including transportation, household use, and industrial purposes. The company's fossil-free products serve as a sustainable alternative for powering electrical applications, promoting the use of alternative energy in an environmentally friendly manner.

Scoobic

Seed Round in 2020
Scoobic Group designs and manufactures multi-purpose electric vehicles specifically tailored for last-mile delivery in urban environments. These vehicles are customized for sustainable mobility, featuring attributes such as easy parking, substantial load capacity, and efficient autonomy. By prioritizing balanced loads and eco-friendly designs, Scoobic enables businesses to enhance their transportation capabilities while minimizing their carbon footprint. This focus on sustainability and efficiency positions Scoobic as a key player in the evolving landscape of urban logistics.

Nabrawind

Seed Round in 2020
Nabrawind Technologies, established in 2015 and headquartered in Pamplona, Spain, specializes in designing and developing advanced wind technologies for wind turbine components. The company's primary offerings include NABRAJOINT, a modular blade joint system that enables the manufacturing of wind turbine blades in multiple parts for separate transportation and on-site assembly, and NABRALIFT, a self-erecting tower technology. Additionally, Nabrawind provides engineering advisory services. These innovations aim to enhance the efficiency and cost-effectiveness of wind turbine installation and operation, without requiring significant redesign of existing wind turbines.

Skeleton Technologies

Series D in 2020
Skeleton Technologies is a manufacturer and developer of ultracapacitors that utilize a patented curved graphene material to provide high-energy and high-power-density energy storage solutions. The company specializes in delivering advanced energy storage systems that offer significantly enhanced performance, achieving twice the energy density and four times the power density compared to traditional products. Its ultracapacitors are designed for various applications in automotive, transportation, industrial, and renewable energy sectors, enabling these industries to improve efficiency, reduce fuel consumption, and lower carbon emissions. Skeleton Technologies serves a diverse clientele that includes engineering firms, the European Space Agency, and several Tier 1 automotive manufacturers.

SunRoof

Seed Round in 2020
SunRoof manufactures 2-in-1 solar roofs and innovative façades that generate electricity without having to install traditional photovoltaic modules. This is the best replacement for a regular roof, offering the highest efficiency, the lowest carbon footprint, and a unique aesthetic. Our mission is to speed up the global transition to renewables by developing beautiful roofs that, by generating electricity, will cover the energy demand of the entire building.

ONO

Series A in 2020
Creating transformative change in urban mobility, making our cities cleaner and more enjoyable. We first focus on urban logistics, moving goods around the city in ways that are sustainable, efficient and cost-effective. Our vehicle and its modular platform system, with easily swappable modular units, meets the needs of city logistics. From moving food to flowers to furniture, the possibilities are endless. ONO’s founders, pioneer in e-mobility solutions, Beres Seelbach, former head of design at Mercedes and Volkswagen, Murat Günak, and light electric vehicle expert and engineer, Philipp Kahle, sought to rethink and reshape modern urban transportation. They put together a forward-thinking group of designers, engineers and creative thinkers who shared their vision of transforming urban mobility. ONO is a Berlin-based e-mobility company introducing a whole new category of emissions-free vehicle: the Pedal Assisted Transporter (PAT), combining the flexibility of a bicycle with the capacity and durability of a van. We offer environmentally friendly urban logistics solutions designed and optimised for cities of today.

Elaphe

Series A in 2020
Elaphe specializes in the development and manufacturing of in-wheel electric motor technology for electric and hybrid vehicles. This innovative approach enables vehicle manufacturers to explore new design possibilities and address evolving mobility needs. By focusing on distributed direct drive architecture, Elaphe aims to enhance efficiency and reduce environmental impact, potentially saving millions of tons of raw materials, energy, and carbon emissions annually. The company has successfully produced multiple generations of in-wheel motor prototypes, which are currently undergoing testing on various vehicles, serving as showcases for potential customers. Elaphe is also positioned to meet the demands of serial production for Tier 1 suppliers and original equipment manufacturers. In addition to its core technology, Elaphe has extensive expertise in renewable energy and electric mobility, bolstered by strategic research collaborations that have facilitated networking within the industry.

Hymeth

Seed Round in 2020
Hymeth is a privately held company based in Soborg, Denmark, established in 2016. It specializes in the production of sustainable gases, specifically through its innovative technology that combines hydrogen and methane. The company has developed an electromagnetic electrolyzer that efficiently splits water into hydrogen and oxygen, subsequently producing methane. This process allows for the conversion of excess renewable electrical energy into hydrogen, facilitating easier storage and refueling for fuel cell vehicles. Additionally, Hymeth's technology serves various industries, including shipping and mining, by providing safer and more environmentally friendly fuel alternatives compared to traditional options.

MPower Ventures

Series A in 2020
MPower Ventures AG is a crowdfunding platform focused on providing affordable clean energy solutions in emerging markets. Founded in 2017 and headquartered in Zurich, Switzerland, the company partners with local entities to finance and deploy clean energy systems tailored for households and small to medium enterprises. MPower Ventures offers high-quality Plug&Play solar kits and energy-efficient appliances for both domestic and productive use. Its proprietary software tracks and digitizes operations, leveraging data to enhance financial inclusion for end-users. The company also provides inclusive financing solutions for its partners and customers, making clean energy accessible to a broader audience. Additionally, MPower Ventures has offices in Madrid, Shenzhen, Cameroon, and Zambia, extending its reach to various regions.

Meva Energy

Seed Round in 2020
Meva Energy, founded in 2008 and based in Sweden, specializes in gasification technology aimed at generating renewable energy from small fraction fuels. The company focuses on biomass gasification, which allows for the production of power and heat energy. This technology is utilized in various applications, including heating buildings, melting materials, operating engines, and boiling water. By enabling clients to harness sustainable power and heat, Meva Energy contributes to improved profitability and environmental sustainability in energy production.

Solarworx

Seed Round in 2020
Solarworx is a Berlin-based company founded in 2017 that focuses on developing smart solar solutions for rural off-grid households and businesses. The company manufactures modular and grid-based solar systems designed to meet both current and future electricity demands. These systems generate energy that enables users to harness solar power in a cost-effective and efficient manner, thereby improving energy access for those in remote areas.

CorPower Ocean

Venture Round in 2020
CorPower Ocean AB, founded in 2009 and headquartered in Hägersten, Sweden, specializes in the development of high-efficiency wave energy converters (WECs). These innovative devices, designed to harness energy from ocean waves, utilize a heaving buoy that captures energy from both surge and heave motions. The buoy is connected to the seabed with a taut mooring line, featuring a pneumatic pre-tension module that enhances stability and efficiency. CorPower's WECs are noted for delivering five times higher annual energy output per ton compared to earlier wave power technologies, making them competitive with offshore wind in terms of cost-effectiveness. The company is currently testing its products in collaboration with Iberdrola and boasts a team with substantial expertise in energy generation, design, and system engineering. CorPower Ocean aims to contribute to the transition towards zero-carbon energy by providing a reliable and economical source of electricity derived from ocean waves.

VoltStorage

Venture Round in 2020
VoltStorage GmbH, based in Olching, Germany, specializes in developing and producing power storage devices that utilize eco-friendly redox flow technology. The company's flagship product, VoltStorage, is a vanadium redox flow battery system designed to store excess electricity generated by solar panels during the day for use at night. This innovative approach enables homeowners to access renewable energy around the clock, promoting sustainability and environmental responsibility. In addition to its products, VoltStorage offers installation and technical support services, ensuring customers can effectively integrate these systems into their homes. The company aims to make renewable energy more accessible and contribute to a cleaner, fairer world for future generations.

Altris

Seed Round in 2020
Altris specializes in the development of sustainable sodium-ion battery cathode materials, primarily through its innovative product, Fennac®. This cathode material is composed of abundant and non-toxic components, including iron, sodium, carbon, and nitrogen, which are environmentally friendly and widely available. By focusing on these materials, Altris aims to create batteries that reduce reliance on scarce and geopolitically sensitive resources such as lithium, cobalt, and nickel. The company's technology not only enhances energy storage efficiency but also promotes a greener future by ensuring safer and more affordable battery solutions. Altris's commitment to sustainability extends throughout the entire lifecycle of its products, from production processes to end-of-life recycling.

PIONIERKRAFT

Seed Round in 2020
Pionierkraft, founded in 2019 and based in München, Bayern, specializes in developing sustainable energy solutions that enhance on-site energy consumption. The company aims to make renewable energy more accessible and affordable by facilitating the sharing of self-generated energy among neighborhood households. By focusing on the economic and legal aspects of energy sharing, Pionierkraft helps owners of photovoltaic systems secure their self-generated energy in a user-friendly manner, empowering more individuals to meet their daily energy needs sustainably.

Energy Floors

Seed Round in 2020
Energy Floors specializes in the design and construction of innovative flooring systems that convert kinetic energy from human movement and solar power into usable electricity. The company's products aim to engage the public in renewable energy production by making the energy-generating process visible and interactive. By developing, manufacturing, and selling these energy-converting floor systems, Energy Floors focuses on creating sustainable solutions that can be integrated into pavements and high footfall areas. Their approach not only promotes awareness of renewable energy but also encourages participation in energy generation through everyday activities.

Celcibus

Seed Round in 2020
Celcibus AB is a Swedish innovation company specializing in materials for clean energy solutions, specifically through its development of patented catalyst technology. This technology enables the production of fuel cells that are sustainable and high-performing, entirely without noble metals. Celcibus's focus is on facilitating the global adoption of fuel cells by offering metal-free catalyst solutions suitable for various applications, including transportation, household use, and industrial purposes. The company's fossil-free products serve as a sustainable alternative for powering electrical applications, promoting the use of alternative energy in an environmentally friendly manner.

Gleam

Seed Round in 2020
GLEAM, founded by Mario Eibl in 2013, specializes in developing modular light electric vehicle platforms, initially inspired by the need for efficient urban delivery solutions. The company manufactures cargo e-bikes designed to facilitate car-independent and emission-free urban transportation. These e-bikes feature ample cargo space, an electric engine that produces no local emissions, and advanced suspension systems for enhanced control in urban traffic. Currently, GLEAM offers one core vehicle in the "Pedelec" category, with plans to expand its product line to include higher-speed models in 2024. By focusing on innovative design and functionality, GLEAM aims to support sustainable urban mobility.

Llewo

Series A in 2020
Llewo is an ecological last-mile operator based in Getafe, Community of Madrid, that provides eco-friendly logistics services aimed at promoting sustainable living. Founded in 2017, the company utilizes a fleet of vehicles powered by natural gas and compressed natural gas (CNG) to enhance energy efficiency for transport fleets. By focusing on reducing carbon footprints, Llewo ensures timely deliveries while fostering a positive environmental impact. The company's mission is to enable businesses to improve their operational sustainability and reduce their overall environmental impact through innovative mobility solutions.

Kumpan Electric

Venture Round in 2020
Kumpan Electric, also known as e-bility GmbH, is a manufacturer specializing in electric scooters and e-mobility solutions, as well as portable energy storage systems, all produced in Europe. The company develops and sells stylish electric vehicles capable of speeds ranging from 20 to 120 km/h, catering to individual consumers, fleet operators, and sharing companies. Kumpan Electric aims to promote sustainable transportation alternatives by offering flexible battery technology, enabling users to travel in an environmentally friendly manner while achieving zero emissions.
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