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.

Jennifer Dungs

Thematic Field Leader Energy for Transport and Mobility

Lucienne Krosse

Thematic Lead Smart Cities and Buildings

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

Co-CEO, France and Executive Board Member

Lowina Lundström

CEO

Past deals in Electricity

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.

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.

Solaqua

Venture Round in 2024
Solaqua provides solution that focus on power electronics management, narrowing gap between large PV installations and irrigation systems.

Flexidao

Venture Round in 2024
Flexidao develops software that uses blockchain technology to trace and certify electricity from production to consumption. This enables businesses to understand the carbon footprint of their energy usage, facilitating the procurement of cleaner electricity and driving operational decarbonization.

Enline

Seed Round in 2024
Enline is a global software company specializing in Digital Twin technology for power grids. The company's IIoT software creates and operates digital representations of assets, capturing electrical, mechanical and thermal behavior without the need for sensors, and can be deployed remotely in days at a competitive cost. It serves clients across power generation, transmission and distribution, industry, mining and financial sectors, with customers on five continents and offices in Portugal, Germany, Brazil and Peru. Enline's platform enables predictive and real-time monitoring, fault detection, transmission loss reduction, system modeling, forecasting, design and optimization, helping grid operators improve asset efficiency, availability and reliability while lowering operational costs. The company emphasizes speed of innovation, vertical expertise and global reach to simplify complex grid challenges at scale.

SeaQurrent

Venture Round in 2022
SeaQurrent develops technology to generate electricity from tidal and ocean currents, offering affordable and accessible clean energy solutions with minimal environmental impact.

Silbat

Seed Round in 2022
Silbat develops molten silicon batteries for long-duration energy storage, using the latent heat of fusion of metal-grade silicon to store energy for up to about 100 hours. The device back-converts stored heat to electricity via thermophotovoltaics, enabling cost-effective dispatchable storage with a capital expenditure under $10 per kilowatt-hour that can support 100% dispatchability of variable renewable energy and compete with fossil and nuclear plants on price.

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.

Flexidao

Series A in 2022
Flexidao develops software that uses blockchain technology to trace and certify electricity from production to consumption. This enables businesses to understand the carbon footprint of their energy usage, facilitating the procurement of cleaner electricity and driving operational decarbonization.

Bamboo Energy

Seed Round in 2021
Bamboo Energy develops a platform for retailers and energy aggregators to manage and monetize distributed energy flexibility resources. The solution aims to accelerate the energy transition by making cleaner and cheaper energy more accessible and supports the integration of more renewable energy sources. The software forecasts consumption, flexibility, and market conditions for portfolio management, and helps operate and derive value from a portfolio of customers by participating in various electricity markets in an aggregated, coordinated manner. It uses artificial intelligence, mathematical optimization models, and cloud computing to optimize asset performance, improve operational efficiency, and enhance client operations across distributed energy resources.

Ngenic

Post in 2021
Ngenic AB is an independent energy technology company that specializes in the digitization and optimization of energy systems. It offers a smart thermostat system designed to improve energy efficiency, allowing users to manage their energy consumption through mobile devices, computers, or tablets. This innovative solution can help users reduce energy waste by up to 15%. Ngenic's clientele includes energy companies, property owners, tenant-owner associations, and individual homeowners, reflecting its commitment to enhancing energy management and sustainability across various sectors.

Bamboo Energy

Seed Round in 2021
Bamboo Energy develops a platform for retailers and energy aggregators to manage and monetize distributed energy flexibility resources. The solution aims to accelerate the energy transition by making cleaner and cheaper energy more accessible and supports the integration of more renewable energy sources. The software forecasts consumption, flexibility, and market conditions for portfolio management, and helps operate and derive value from a portfolio of customers by participating in various electricity markets in an aggregated, coordinated manner. It uses artificial intelligence, mathematical optimization models, and cloud computing to optimize asset performance, improve operational efficiency, and enhance client operations across distributed energy resources.

Enline

Seed Round in 2020
Enline is a global software company specializing in Digital Twin technology for power grids. The company's IIoT software creates and operates digital representations of assets, capturing electrical, mechanical and thermal behavior without the need for sensors, and can be deployed remotely in days at a competitive cost. It serves clients across power generation, transmission and distribution, industry, mining and financial sectors, with customers on five continents and offices in Portugal, Germany, Brazil and Peru. Enline's platform enables predictive and real-time monitoring, fault detection, transmission loss reduction, system modeling, forecasting, design and optimization, helping grid operators improve asset efficiency, availability and reliability while lowering operational costs. The company emphasizes speed of innovation, vertical expertise and global reach to simplify complex grid challenges at scale.

Celcibus

Seed Round in 2020
Celcibus AB is a Swedish innovation company specializing in materials for clean energy solutions. The company has developed a patented catalyst designed to enhance fuel cell performance without the use of noble metals. This technology aims to support the broader adoption of fuel cells in various sectors, including transportation, household, and industrial applications. By offering fossil-free products, Celcibus provides a sustainable alternative for powering electrical applications, thereby facilitating the global transition to alternative energy sources. The company's expertise in metal-free catalyst technology positions it as a key player in promoting cleaner energy solutions.

LeadCold

Series A in 2020
LeadCold follows the path of least resistance for nuclear power to disrupt traditional and renewable power sources

Energy Floors

Seed Round in 2020
Energy Floors designs, manufactures, and supplies pedestrian flooring systems that convert kinetic and solar energy into electricity. The company’s products are installed in public spaces such as pavements, plazas, and transit hubs, allowing foot traffic and sunlight to generate power that can be used on site or fed into the grid. By making renewable energy production visible and interactive, Energy Floors engages the public in sustainable practices and promotes awareness of clean energy generation.

Celcibus

Seed Round in 2020
Celcibus AB is a Swedish innovation company specializing in materials for clean energy solutions. The company has developed a patented catalyst designed to enhance fuel cell performance without the use of noble metals. This technology aims to support the broader adoption of fuel cells in various sectors, including transportation, household, and industrial applications. By offering fossil-free products, Celcibus provides a sustainable alternative for powering electrical applications, thereby facilitating the global transition to alternative energy sources. The company's expertise in metal-free catalyst technology positions it as a key player in promoting cleaner energy solutions.

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.

Flexidao

Seed Round in 2019
Flexidao develops software that uses blockchain technology to trace and certify electricity from production to consumption. This enables businesses to understand the carbon footprint of their energy usage, facilitating the procurement of cleaner electricity and driving operational decarbonization.

Verv

Series A in 2019
Founded in London in 2017, Verv specializes in high-speed data acquisition and AI for electrical appliances. Its patented technology captures appliance energy signatures to detect anomalies, enabling predictive maintenance and enhancing sustainability. By identifying issues early, Verv improves energy efficiency, extends appliance lifespan, reduces repair costs, and optimizes customer service.

Verv

Equity Crowdfunding in 2018
Founded in London in 2017, Verv specializes in high-speed data acquisition and AI for electrical appliances. Its patented technology captures appliance energy signatures to detect anomalies, enabling predictive maintenance and enhancing sustainability. By identifying issues early, Verv improves energy efficiency, extends appliance lifespan, reduces repair costs, and optimizes customer service.

Klugit Energy

Pre Seed Round in 2018
Klugit Energy is focused on providing efficient demand-response solutions for utilities and households through its innovative smart plug technology. This device can be easily connected to any electric water heater, transforming it into a Wi-Fi enabled, smart-grid compatible unit. By addressing standby thermal losses in electric water tanks, which account for significant energy waste, Klugit Energy leverages artificial intelligence to optimize hot water usage based on individual consumption patterns. This results in immediate cost savings for users and enhances energy efficiency. Additionally, Klugit's technology offers utilities a cost-effective method for peak shaving, effectively turning electric water tanks into smart energy storage devices. With millions of electric water tanks in Europe alone contributing to energy waste, Klugit Energy presents a practical solution to both household and utility energy challenges.

Solaris Offgrid

Venture Round in 2017
Solaris Offgrid develops and installs solar energy systems, utilizing smart technology and mobile payments for scalable off-grid power solutions. Its flagship product, Solaris, provides clean LED lighting, communication access, and enterprise opportunities to households and businesses in rural Africa.

Nnergix

Seed Round in 2016
Nnergix is a technology company specializing in data analytics for the renewable energy sector. It collects and integrates weather and energy data from various sources, then applies proprietary machine learning algorithms to provide forecasting solutions. These solutions aim to enhance operational efficiency and reduce costs for energy industry players by predicting atmospheric conditions and optimizing asset management. The company's offerings are accessible via a web-based platform.

LeadCold

Grant in 2015
LeadCold follows the path of least resistance for nuclear power to disrupt traditional and renewable power sources

Nnergix

Pre Seed Round in 2015
Nnergix is a technology company specializing in data analytics for the renewable energy sector. It collects and integrates weather and energy data from various sources, then applies proprietary machine learning algorithms to provide forecasting solutions. These solutions aim to enhance operational efficiency and reduce costs for energy industry players by predicting atmospheric conditions and optimizing asset management. The company's offerings are accessible via a web-based platform.
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