EIT InnoEnergy

Founded in 2010, EIT InnoEnergy is a leading European innovation engine focused on Sustainable Energy. It invests in early-stage climate tech and energy companies across Europe and the US, providing equity minority investments and added value services to de-risk projects.

Mikel Lasa

Managing Director

Lowina Lundström

CEO

Christian Müller

CEO, KIC InnoEnergy Germany

Diego Pavía

CEO

Jacob Ruiter

Co-CEO, Benelux and Executive Board Member

Past deals in Electrical Equipment

Heliup

Venture Round in 2024
Heliup is a company focused on the development and manufacturing of solar photovoltaic systems tailored for large commercial and industrial building rooftops. By creating lightweight solar modules, Heliup addresses the specific energy needs and structural limitations of these buildings. The company's solutions are designed to help building owners manage energy costs effectively while ensuring reliability and efficiency. Heliup's innovative approach enables enhanced energy self-consumption, making solar power more accessible and practical for large-scale applications.

Wattalps

Series A in 2024
Wattalps is a technology company specializing in the development of lithium power systems tailored for small and medium-scale applications. Their product portfolio focuses on affordability, passive safety measures, efficient cooling mechanisms, extended lifespan, and robust cell protection features. Wattalps aims to simplify integration into vehicles or charging stations by offering standard and modular products, thereby facilitating swift, efficient, and cost-effective adoption of electric vehicle technologies and sustainable transportation solutions.

Heliup

Venture Round in 2023
Heliup is a company focused on the development and manufacturing of solar photovoltaic systems tailored for large commercial and industrial building rooftops. By creating lightweight solar modules, Heliup addresses the specific energy needs and structural limitations of these buildings. The company's solutions are designed to help building owners manage energy costs effectively while ensuring reliability and efficiency. Heliup's innovative approach enables enhanced energy self-consumption, making solar power more accessible and practical for large-scale applications.

Mob-Energy

Series A in 2023
Mob-Energy is a privately held company founded in 2018 and headquartered in Villeurbanne, Auvergne-Rhône-Alpes. It specializes in the development of innovative charging solutions for electric vehicles. The company designs autonomous charging robots that utilize second-life batteries installed at car parks. These robots can store energy and autonomously move to vehicles that require charging, allowing for a convenient and efficient refueling process. By optimizing existing infrastructure, Mob-Energy aims to enhance the charging experience for electric vehicle owners.

ZPARQ

Seed Round in 2023
ZPARQ is a manufacturer specializing in marine electric propulsion products. The company focuses on developing advanced motor technology that offers a compact and scalable direct-drive system for propeller-driven watercraft. ZPARQ's innovative approach aims to enhance marine electric propulsion by minimizing underwater drag and reducing production costs through a design that features fewer failure points. This enables clients to access efficient electric motors suitable for both leisure boats and commercial vessels, contributing to the growing demand for sustainable marine solutions.

Elestor

Venture Round in 2022
Elestor BV, founded in 2014 by Wiebrand Kout and headquartered in Arnhem, the Netherlands, specializes in energy storage systems aimed at optimizing the use of self-generated renewable electricity. The company focuses on developing large-scale, cost-effective technologies that can be integrated with hydrogen infrastructures and electrolyzers. This integration significantly reduces the production costs of green hydrogen, allowing clients to lower their electricity storage expenses. Elestor's innovative approach positions it as a key player in the renewable energy sector, facilitating the efficient storage of electricity and promoting sustainable energy solutions.

The Batteries

Series A in 2022
The Batteries, established in 2015 by a team of engineers and managers with extensive experience in thin-film production equipment, specializes in the design and manufacturing of advanced battery technologies. The company focuses on creating rechargeable batteries that offer a cost-effective alternative to traditional energy sources. Its products boast more than double the energy density of conventional lithium-ion batteries, while also being durable in challenging environments and safe, with no risk of fire or explosion. The Batteries aims to deliver reliable and economical energy solutions to various industries, leveraging its expertise in vacuum-based equipment and in-line manufacturing processes to ensure high quality and productivity in battery production.

VoltStorage

Series B in 2021
VoltStorage GmbH is a German company specializing in the development and production of solar energy storage systems. Based in Olching, Germany, it utilizes eco-friendly vanadium redox flow technology to create power storage devices that allow homeowners to store surplus solar energy generated during the day for use at night. This innovative approach aims to provide renewable energy availability around the clock, contributing to a cleaner and fairer world for future generations. VoltStorage also offers installation and technical support services for its products, which are sold online. The company's commitment to sustainability underscores its mission to enhance the accessibility of renewable energy.

Northvolt AB

Venture Round in 2021
Northvolt AB is a Swedish manufacturer of sustainable lithium‑ion batteries for electric vehicles, renewable energy storage, and industrial applications. Founded in 2016 and headquartered in Stockholm, the company designs and produces cells, custom cells, and complete battery systems with a focus on minimal carbon emissions and integrated recycling. Its production facilities combine research, industrialization, and end‑to‑end recycling technologies to deliver environmentally friendly batteries that support the transition to a decarbonized economy.

DUCKT

Seed Round in 2021
DUCKT is a developer of innovative infrastructure solutions for the micromobility sector, focusing on enhancing urban transportation systems. The company specializes in creating a network of electric-charging storage and service stations for electric bikes and scooters. Its offerings include a patented plug-and-play docking device and a universal connecting adapter, designed to help cities and businesses efficiently organize public spaces, reduce operational costs, and improve connectivity within the on-demand micromobility economy. By advancing infrastructure tailored to micromobility and smart city solutions, DUCKT aims to foster a more streamlined and user-friendly urban mobility experience.

Solarworx

Seed Round in 2021
Solarworx, established in 2017 with its headquarters in Berlin, Germany, specializes in developing smart solar solutions for off-grid households and businesses. The company manufactures modular, grid-based solar systems designed to meet both current and future electricity demands efficiently and cost-effectively. These systems enable energy consumers to harness solar power independently.

Wattsun

Seed Round in 2020
Wattsun is a company established in 2016 and headquartered in Arnhem, Gelderland, that specializes in the development of portable lithium-ion battery systems for professional use on-site. The company's energy storage solutions are designed as high-quality, plug-and-play batteries that offer flexibility in site layout and a reliable energy supply. By allowing the arrangement of multiple units, Wattsun's systems enable industries to operate heavy equipment with a reduced carbon footprint. This innovative approach to energy distribution supports various applications while promoting sustainability in energy consumption.

Elaphe

Series A in 2020
Elaphe is a developer and manufacturer specializing in innovative electric wheel propulsion systems for electric and hybrid vehicles. The company is a pioneer in in-wheel motor technology, enabling a distributed direct drive architecture that allows vehicle manufacturers to design unique products tailored to evolving mobility needs. Elaphe has produced several generations of in-wheel motor prototypes, which are currently being tested on various vehicles to demonstrate their capabilities and to comply with automotive industry standards and regulations. The technology not only enhances vehicle design but also contributes significantly to sustainability by reducing the consumption of raw materials and lowering energy usage and carbon emissions. Additionally, Elaphe leverages its expertise in renewable energy and electric mobility to engage in strategic research initiatives, fostering valuable connections within the industry and supporting its growth towards meeting the demands of Tier 1 suppliers and original equipment manufacturers.

DUCKT

Seed Round in 2020
DUCKT is a developer of innovative infrastructure solutions for the micromobility sector, focusing on enhancing urban transportation systems. The company specializes in creating a network of electric-charging storage and service stations for electric bikes and scooters. Its offerings include a patented plug-and-play docking device and a universal connecting adapter, designed to help cities and businesses efficiently organize public spaces, reduce operational costs, and improve connectivity within the on-demand micromobility economy. By advancing infrastructure tailored to micromobility and smart city solutions, DUCKT aims to foster a more streamlined and user-friendly urban mobility experience.

Solarworx

Seed Round in 2020
Solarworx, established in 2017 with its headquarters in Berlin, Germany, specializes in developing smart solar solutions for off-grid households and businesses. The company manufactures modular, grid-based solar systems designed to meet both current and future electricity demands efficiently and cost-effectively. These systems enable energy consumers to harness solar power independently.

VoltStorage

Venture Round in 2020
VoltStorage GmbH is a German company specializing in the development and production of solar energy storage systems. Based in Olching, Germany, it utilizes eco-friendly vanadium redox flow technology to create power storage devices that allow homeowners to store surplus solar energy generated during the day for use at night. This innovative approach aims to provide renewable energy availability around the clock, contributing to a cleaner and fairer world for future generations. VoltStorage also offers installation and technical support services for its products, which are sold online. The company's commitment to sustainability underscores its mission to enhance the accessibility of renewable energy.

Mob-Energy

Seed Round in 2020
Mob-Energy is a privately held company founded in 2018 and headquartered in Villeurbanne, Auvergne-Rhône-Alpes. It specializes in the development of innovative charging solutions for electric vehicles. The company designs autonomous charging robots that utilize second-life batteries installed at car parks. These robots can store energy and autonomously move to vehicles that require charging, allowing for a convenient and efficient refueling process. By optimizing existing infrastructure, Mob-Energy aims to enhance the charging experience for electric vehicle owners.

Kumpan Electric

Venture Round in 2020
Kumpan Electric, also known as e-bility GmbH, is a European manufacturer specializing in electric scooters and e-mobility solutions. The company focuses on producing stylish electric vehicles capable of speeds ranging from 20 to 120 km/h, catering to both individual consumers and businesses, including fleets and sharing companies. In addition to its electric scooters, Kumpan Electric offers portable energy storage systems that support sustainable mobility. By promoting electric transportation alternatives, the company aims to enable riders to travel in an environmentally friendly manner, ensuring zero emissions and flexible battery technology for enhanced mobility solutions.

Volterion

Series A in 2018
Volterion is a German energy storage company that designs and manufactures redox-flow battery stacks and systems for renewable energy storage. Founded in 2015 as a spin-off of the Fraunhofer Institute UMSICHT, it operates from Dortmund and develops compact, scalable energy storage solutions such as the powerRFB, based on welded, seal-less stacks and automated high-throughput manufacturing of bipolar-graphite electrodes. Its products target residential and commercial/industrial storage to increase self-consumption of solar and wind energy and to provide cost-efficient, durable storage for bulk energy applications.

Ferroamp Elektronik

Seed Round in 2016
Ferroamp Elektronik AB specializes in developing and manufacturing innovative power electronics aimed at enhancing the efficiency of electrical energy use. The company's primary product is the ACE, a four-quadrant inverter that facilitates quicker electric vehicle charging and helps reduce grid fees. ACE is a component of the modular EnergyHub system, which can be expanded with solar cells and energy storage solutions according to user needs. This smart grid concept optimizes the versatility and economic viability of solar installations, benefiting both homeowners and utility companies. Additionally, Ferroamp offers a range of energy optimization solutions, including solar string optimizers, energy storage optimizers, and adaptive equalization, primarily catering to property companies, energy consultants, and electric power firms.
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