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 Energy

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.

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.

Phoenix BioPower

Venture Round in 2024
Phoenix BioPower specializes in renewable energy equipment manufacturing, focusing on biomass technology for power generation. The company has developed a biomass-fired technology that utilizes an integrated, high-pressure plant to convert biomass into electrical power. This process involves gasification combined with a high-pressure gas turbine and extensive steam injection, significantly enhancing the efficiency of power generation. By improving the biomass energy production process, Phoenix BioPower aims to help businesses and individuals reduce life-cycle costs and dependence on coal-based energy sources.

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.

Zeleros

Venture Round in 2024
Zeleros is a Spanish company dedicated to the development of hyperloop technology, which is envisioned as a new mode of transport. The company focuses on optimizing vehicles to lower infrastructure costs while ensuring passenger safety through controlled working pressures. Zeleros is preparing to construct a 2-kilometer test track in Valencia to demonstrate high-speed travel capabilities. Its goal is to create sustainable and efficient transport systems that can reach speeds of 1,000 km/h using clean energy, combining elements from both the aerospace and railway industries through a network of depressurized tubes. This approach aims to enhance scalability for long-distance routes and reduce construction, operation, and maintenance costs. Zeleros collaborates with various partners, including Altran and the Polytechnic University of Valencia, and is supported by investors like Silicon Valley's Plug and Play Tech Center and Climate-KIC. Additionally, it participates in Trenlab's acceleration program. The company operates within Spain but aims to establish an international standard for hyperloop systems to ensure global interoperability and has raised over €1.5 million in funding through two investment rounds.

Solaqua

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

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.

Vertequip

Venture Round in 2024
Vertequip is a manufacturer based in Chamusca, Portugal, specializing in equipment, accessories, and services aimed at enhancing safety and productivity for work at heights. Founded in 2011, the company offers a diverse range of products designed for various applications, including façade access for buildings and customized platforms for shaft access in construction, mining, and energy sectors. Their offerings include solutions such as S.T.E.P. No Limits for harness access, S.T.E.P. Freedom for easy ascent and descent in tall structures, and specialized products for tasks in wind towers and offshore platforms. Vertequip's focus on improving safety and efficiency caters to the unique demands of industries operating in challenging environments.

Enline

Seed Round in 2024
Enline is a global leader in Digital Twin technology specifically designed for power grids. The company focuses on simplifying complex operations through innovative solutions that enhance profitability and efficiency for its customers. Enline's technology enables the creation and management of Digital Twins for power system assets, providing insights into their electrical, mechanical, and thermal behaviors without the need for physical sensors. This capability allows for rapid deployment and monitoring in a fully remote manner, resulting in significant cost savings. Enline serves a diverse range of sectors, including transmission system operators, distribution system operators, power generation, industry, mining, and insurance, with clients across five continents. The company has established offices in Portugal, Germany, Brazil, and Peru, and maintains a presence in over 25 countries, highlighting its commitment to innovation and global reach in the energy sector.

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.

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.

Energiot

Seed Round in 2023
Energiot is a company that focuses on engineering services related to energy harvesting and self-powered devices. It develops electronic equipment and instruments capable of collecting ambient energy and converting it into electricity. The firm specializes in creating autonomous, miniaturized smart wireless sensor nodes that utilize piezoelectric materials and structures to generate and transfer power. This technology enables companies in the Internet of Things sector to effectively harvest ambient energy for their smart wireless sensors, enhancing efficiency and sustainability in various applications.

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.

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.

iON-ENERGY

Venture Round in 2023
iON-ENERGY is a renewable energy company that manufactures innovative, self-charging devices designed to generate electricity from the Earth's atmosphere. Their technology converts always-available atmospheric energy, independent of location, weather, or temperature, enabling consumers to produce electricity for home use at a competitive upfront cost, comparable to solar panels.

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.

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.

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.

Elestor

Venture Round in 2022
Elestor BV, founded in 2014 by Wiebrand Kout and headquartered in Arnhem, Netherlands, specializes in energy storage solutions aimed at facilitating the economical use of self-generated renewable electricity on a large scale. The company has developed a system that can be integrated with hydrogen infrastructures and electrolyzers, significantly reducing the costs associated with green hydrogen production. By offering cost-effective electricity storage technology, Elestor enables its clients to minimize their electricity storage expenses, thereby enhancing the viability of renewable energy sources.

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.

DCbrain

Venture Round in 2022
DCbrain, established in 2014 and based in Paris, France, is a deep-tech Software as a Service (SaaS) company. It specializes in providing an optimization platform that employs AI and Hybrid AI algorithms, primarily serving the energy and supply chain sectors. The company's platform offers a visualization interface and predictive analysis tools to help clients identify network anomalies, prevent incidents, and forecast future network evolution, even in complex network configurations.

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.

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.

Bamboo Energy

Seed Round in 2021
Bamboo Energy is a software platform provider that focuses on helping retailers and aggregators manage and trade distributed flexibility resources in the energy sector. Founded in 2020 in San Adrián De Besós, Catalonia, the company aims to facilitate the energy transition by democratizing access to cleaner and more affordable energy. Its platform enables clients to monetize the flexibility of their energy assets while integrating renewable energy sources. Utilizing artificial intelligence, advanced mathematical optimization models, and cloud computing, Bamboo Energy forecasts consumption, flexibility, and market conditions for effective portfolio management. The platform enhances operational efficiency for energy operators, allowing them to coordinate and valorize the consumption of a diverse portfolio of consumers across various electricity markets.

Ngenic

Post in 2021
Ngenic AB is an independent energy technology company that specializes in digitizing and optimizing energy systems. The company offers a smart thermostat system designed as an energy-saving solution, allowing users to manage their energy consumption through mobile devices, computers, or tablets. This technology can help users reduce energy waste by up to 15%. Ngenic serves a diverse clientele, including energy companies, property owners, tenant-owner associations, and homeowners, focusing on enhancing energy efficiency across various sectors.

Bamboo Energy

Seed Round in 2021
Bamboo Energy is a software platform provider that focuses on helping retailers and aggregators manage and trade distributed flexibility resources in the energy sector. Founded in 2020 in San Adrián De Besós, Catalonia, the company aims to facilitate the energy transition by democratizing access to cleaner and more affordable energy. Its platform enables clients to monetize the flexibility of their energy assets while integrating renewable energy sources. Utilizing artificial intelligence, advanced mathematical optimization models, and cloud computing, Bamboo Energy forecasts consumption, flexibility, and market conditions for effective portfolio management. The platform enhances operational efficiency for energy operators, allowing them to coordinate and valorize the consumption of a diverse portfolio of consumers across various electricity markets.

SensorFact

Series A in 2021
SensorFact B.V., founded in 2016 and based in Utrecht, the Netherlands, specializes in intelligent energy management systems for small and medium-sized enterprises in the manufacturing sector. The company provides low-cost, non-intrusive wireless sensors that measure real-time energy consumption, enabling businesses to monitor energy flows and identify savings opportunities. By translating sustainability into practical actions, SensorFact simplifies the complex concepts of energy management and sustainability for its clients. Its integrated system not only collects and analyzes data but also offers clear reporting, empowering industries to reduce their energy waste and overall footprint while lowering energy costs.

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.

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.

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.

Enline

Seed Round in 2020
Enline is a global leader in Digital Twin technology specifically designed for power grids. The company focuses on simplifying complex operations through innovative solutions that enhance profitability and efficiency for its customers. Enline's technology enables the creation and management of Digital Twins for power system assets, providing insights into their electrical, mechanical, and thermal behaviors without the need for physical sensors. This capability allows for rapid deployment and monitoring in a fully remote manner, resulting in significant cost savings. Enline serves a diverse range of sectors, including transmission system operators, distribution system operators, power generation, industry, mining, and insurance, with clients across five continents. The company has established offices in Portugal, Germany, Brazil, and Peru, and maintains a presence in over 25 countries, highlighting its commitment to innovation and global reach in the energy sector.

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.

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.

Eneida

Series A in 2020
Eneida Wireless & Sensors, SA is a company based in Coimbra, Portugal, specializing in the development of solutions for optimizing electric grid assets. Founded in 2012, Eneida focuses on creating smart sensors and artificial intelligence applications to enhance the resilience and efficiency of low voltage networks. Its key offerings include a Low Voltage Monitoring system that alerts staff to equipment failures, Theft Avoidance Smart Systems to combat theft in secondary distribution substations, and a Smart Flooding Solution to prevent flooding in underground installations. Additionally, the company provides monitoring and control solutions for Rural PV Parks, enabling real-time oversight of equipment and production in remote areas. Eneida's collaborative energy IoT platform, known as Deep Grid, integrates smart sensor networks with data analytics to facilitate the optimization of grid-critical assets, aiming to support electric utilities in delivering reliable and affordable energy.

Smartive

Seed Round in 2020
Smartive is a company based in Barcelona, Spain, that specializes in the development of intelligent platforms for the energy sector, particularly focusing on the monitoring and diagnosis of wind turbines. Founded in 2013, Smartive offers a range of services and tools, including real-time SCADA data processing, to enhance operational efficiency and sustainability in the energy market. The company employs advanced technologies such as artificial intelligence, cloud computing, and data mining algorithms to deliver intuitive and user-friendly interfaces that provide accurate real-time data analysis. Smartive's solutions aim to help energy companies detect turbine faults and optimize performance, thereby contributing to the promotion of renewable energy and energy efficiency.

Enervalis

Series A in 2020
Enervalis specializes in developing software that offers sustainable energy solutions tailored for electric vehicles, buildings, and microgrids. The company's energy management platform efficiently monitors diverse energy sources and user behaviors, leveraging weather forecasts, user inputs, and advanced analytics to anticipate future energy demand and supply. By optimizing energy consumption towards locally produced green energy, such as solar, wind, and other renewable sources, Enervalis enables users to manage their energy assets from a centralized dashboard. This comprehensive approach allows electricity producers, storage providers, and consumers to effectively monitor and control their energy usage, ultimately reducing energy costs and promoting energy efficiency.

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.

LeadCold

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

SensorFact

Seed Round in 2020
SensorFact B.V., founded in 2016 and based in Utrecht, the Netherlands, specializes in intelligent energy management systems for small and medium-sized enterprises in the manufacturing sector. The company provides low-cost, non-intrusive wireless sensors that measure real-time energy consumption, enabling businesses to monitor energy flows and identify savings opportunities. By translating sustainability into practical actions, SensorFact simplifies the complex concepts of energy management and sustainability for its clients. Its integrated system not only collects and analyzes data but also offers clear reporting, empowering industries to reduce their energy waste and overall footprint while lowering energy costs.

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.

Ingelia

Series A in 2020
Ingelia is a technology-focused company based in Valencia, Spain, specializing in research and development within the renewable energy sector. It operates hydrothermal carbonization plants that convert organic, vegetable, and food waste into biofuel. By treating these organic wastes, Ingelia produces hydrochar, which helps reduce greenhouse gas emissions. The company aims to provide clients with advanced technology solutions to valorize organic waste, contributing to environmental sustainability and promoting responsible waste management practices. Ingelia is owned by multinational shareholders from Spain, Austria, England, and Italy.

Beedata Analytics

Seed Round in 2020
Beedata Analytics is a spin-off of the BEE Group, focused on providing big data solutions for small and medium energy retailers. Founded in 2017, the company leverages over a decade of research in the European energy market to develop an open-source platform that facilitates customer engagement and business intelligence. This platform transforms smart meter data into actionable insights, addressing both customer information needs and internal business intelligence requirements. By offering advanced data analytics, Beedata enables energy companies to enhance customer loyalty, improve energy awareness, increase the productivity of sales and service teams, and optimize their business development efforts.

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.

Foreseeti

Series A in 2020
Foreseeti AB is a technology company based in Stockholm, Sweden, specializing in automated threat modeling and attack simulation solutions. Founded in 2014, the company offers several products, including foreseeti, which allows organizations to model threats and simulate attacks on interconnected IT infrastructures, and securiCAD Vanguard, designed for cloud environments using data from AWS. Additionally, securiCAD Professional enables security architects and IT professionals to create virtual models and conduct simulations on existing and planned architectures, while securiCAD Enterprise provides enterprise-level features for collaboration, automated modeling, and reporting. Foreseeti serves various industries, including military, aviation, finance, energy, automotive, and manufacturing, and distributes its solutions through consultancies and resellers. The company's approach is appreciated for its practical applicability, leveraging AI to enhance cybersecurity management and provide valuable insights.

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.

Naoden

Seed Round in 2020
Naoden is a manufacturer and integrator of solutions for producing heat and electricity through the gasification of biomass, particularly wood waste. Founded in 2015 and based in Nantes, Pays de la Loire, the company operates a network of compact bioenergetic power plants. These facilities utilize a gasification unit to generate biogas, which is subsequently converted into consumable energy forms. By enabling clients to manage their energy production and consumption, Naoden helps reduce waste and lower energy costs.

Energiency

Series A in 2020
Energiency is a software-as-a-service (SaaS) platform that specializes in energy performance assessment and management within industrial environments. The company has developed an artificial intelligence-driven energy analytics platform that detects and visualizes energy savings opportunities for manufacturing processes. This platform operates on both web and mobile interfaces, providing tools for monitoring, diagnostics, and continuous planning. By enabling industrial businesses to identify new energy savings opportunities, Energiency helps organizations optimize their energy performance and reduce carbon dioxide emissions.

Ener-Pacte

Seed Round in 2020
Ener-Pacte specializes in the operation, security, and optimization of photovoltaic power plants. The company was established to address the increasing challenges faced by photovoltaic installations, particularly in France and other countries with extensive solar energy systems. Ener-Pacte offers a range of services aimed at enhancing the profitability of these power plants. By providing straightforward and effective support to owners of non-professional photovoltaic systems, the company enables clients to optimize their financial returns and secure their existing income. This focus on practical solutions positions Ener-Pacte as a key player in the renewable energy sector, particularly in the context of growing reliance on solar power.

AEInnova

Series A in 2020
AEInnova, founded in 2014 at the Autonomous University of Barcelona, specializes in innovative Internet of Things (IoT) solutions for predictive maintenance. The company was established by a team of PhDs and engineers with expertise in microelectronics and various engineering disciplines. AEInnova's flagship product, InduEye, is a fully battery-less and autonomous device that monitors vibrations, steam traps, and thermal conditions, harnessing energy from waste heat, with future versions incorporating solar and wind power. The technology stands out due to its patented innovation, which enhances performance and enables real-time edge computing while utilizing advanced wireless communication standards. AEInnova's devices are employed in diverse sectors, including oil and gas, aluminum, steel, paper, and water treatment, and feature a sophisticated IoT cloud-based dashboard for data analytics and predictive maintenance. The company has received 31 international awards for its contributions to sustainability and innovation and has secured significant investment, including funding from the European Commission. AEInnova is actively engaged in multiple EU R&D projects focused on energy harvesting and IoT technologies.

Wupatec

Seed Round in 2019
Wupatec is a company based in Limoges, France, established in 2016, that specializes in developing envelope tracking (ET) modulators for the telecommunications industry. Its technology focuses on enhancing the energy efficiency of power amplifiers, which are critical in wireless devices and applications such as mobile base stations, 4G and 5G networks, and various communication services. By minimizing energy waste in power amplifier circuits, Wupatec's solutions help telecom companies reduce power consumption and lower their carbon footprint, addressing a significant challenge in mobile communications.

Energiency

Venture Round in 2019
Energiency is a software-as-a-service (SaaS) platform that specializes in energy performance assessment and management within industrial environments. The company has developed an artificial intelligence-driven energy analytics platform that detects and visualizes energy savings opportunities for manufacturing processes. This platform operates on both web and mobile interfaces, providing tools for monitoring, diagnostics, and continuous planning. By enabling industrial businesses to identify new energy savings opportunities, Energiency helps organizations optimize their energy performance and reduce carbon dioxide emissions.

Betterspace

Series A in 2019
Betterspace is a provider of comprehensive digital solutions tailored for the hotel industry. The company focuses on enhancing hotel management through a platform that integrates smart assistants for guest communication and energy management systems, including intelligent room control. By leveraging this technology, Betterspace aims to simplify the daily operations of hoteliers, ultimately leading to increased revenue, reduced operating costs, and streamlined processes. Their holistic approach to digitization supports hotels in improving efficiency and enhancing the guest experience.

Nabrawind

Venture Round in 2019
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.

FlexiDAO

Seed Round in 2019
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.

Verv

Series A in 2019
Verv Limited, founded in 2017 and based in London, operates a technology platform that focuses on enhancing the efficiency and sustainability of home appliances. The company specializes in high-speed data acquisition and artificial intelligence within the electrical domain, developing innovative predictive maintenance solutions for white goods manufacturers. Verv's patented technology captures detailed energy signatures of appliances, allowing it to detect performance anomalies and identify potential faults before they escalate. This capability provides manufacturers with real-time diagnostics, facilitating timely maintenance actions and reducing repair costs associated with warranty claims. By improving the longevity and energy efficiency of appliances, Verv contributes to a more sustainable consumer landscape while enhancing customer experiences through reduced appliance downtime. Its insights are also accessible via a smartphone application, streamlining maintenance for users and helping companies lower operational costs.

Gleam

Pre Seed Round in 2018
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.

Verv

Equity Crowdfunding in 2018
Verv Limited, founded in 2017 and based in London, operates a technology platform that focuses on enhancing the efficiency and sustainability of home appliances. The company specializes in high-speed data acquisition and artificial intelligence within the electrical domain, developing innovative predictive maintenance solutions for white goods manufacturers. Verv's patented technology captures detailed energy signatures of appliances, allowing it to detect performance anomalies and identify potential faults before they escalate. This capability provides manufacturers with real-time diagnostics, facilitating timely maintenance actions and reducing repair costs associated with warranty claims. By improving the longevity and energy efficiency of appliances, Verv contributes to a more sustainable consumer landscape while enhancing customer experiences through reduced appliance downtime. Its insights are also accessible via a smartphone application, streamlining maintenance for users and helping companies lower operational costs.

Vertequip

Seed Round in 2018
Vertequip is a manufacturer based in Chamusca, Portugal, specializing in equipment, accessories, and services aimed at enhancing safety and productivity for work at heights. Founded in 2011, the company offers a diverse range of products designed for various applications, including façade access for buildings and customized platforms for shaft access in construction, mining, and energy sectors. Their offerings include solutions such as S.T.E.P. No Limits for harness access, S.T.E.P. Freedom for easy ascent and descent in tall structures, and specialized products for tasks in wind towers and offshore platforms. Vertequip's focus on improving safety and efficiency caters to the unique demands of industries operating in challenging environments.

DCbrain

Series A in 2018
DCbrain, established in 2014 and based in Paris, France, is a deep-tech Software as a Service (SaaS) company. It specializes in providing an optimization platform that employs AI and Hybrid AI algorithms, primarily serving the energy and supply chain sectors. The company's platform offers a visualization interface and predictive analysis tools to help clients identify network anomalies, prevent incidents, and forecast future network evolution, even in complex network configurations.

Eneida

Seed Round in 2018
Eneida Wireless & Sensors, SA is a company based in Coimbra, Portugal, specializing in the development of solutions for optimizing electric grid assets. Founded in 2012, Eneida focuses on creating smart sensors and artificial intelligence applications to enhance the resilience and efficiency of low voltage networks. Its key offerings include a Low Voltage Monitoring system that alerts staff to equipment failures, Theft Avoidance Smart Systems to combat theft in secondary distribution substations, and a Smart Flooding Solution to prevent flooding in underground installations. Additionally, the company provides monitoring and control solutions for Rural PV Parks, enabling real-time oversight of equipment and production in remote areas. Eneida's collaborative energy IoT platform, known as Deep Grid, integrates smart sensor networks with data analytics to facilitate the optimization of grid-critical assets, aiming to support electric utilities in delivering reliable and affordable energy.

Agronergy

Venture Round in 2018
AgroNergy is a company specializing in the production and supply of biomass-based renewable heating solutions. It designs, manufactures, and installs power boilers that utilize vegetable agricultural co-products to deliver efficient heating services. Targeting residential, commercial, and public buildings, as well as municipal district heating networks, AgroNergy offers a comprehensive range of services, including maintenance and repair of boiler systems. By recycling agricultural waste, the company enables its clients, such as schools and eco-districts, to reduce their heating costs and achieve energy autonomy while promoting sustainable practices.

Energiency

Series A in 2017
Energiency is a software-as-a-service (SaaS) platform that specializes in energy performance assessment and management within industrial environments. The company has developed an artificial intelligence-driven energy analytics platform that detects and visualizes energy savings opportunities for manufacturing processes. This platform operates on both web and mobile interfaces, providing tools for monitoring, diagnostics, and continuous planning. By enabling industrial businesses to identify new energy savings opportunities, Energiency helps organizations optimize their energy performance and reduce carbon dioxide emissions.

C2C NewCap

Seed Round in 2016
C2C NewCap, founded in 2014 by Rui Silva and Andre Mao de Ferro, is a Lisbon-based manufacturer specializing in the production of supercapacitors designed for efficient electrical energy storage. The company focuses on developing next-generation devices that utilize proprietary electrodes and an aqueous electrolyte, which contribute to a low environmental impact. C2C NewCap aims to provide clients with energy storage solutions that not only enhance operational efficiency but also reduce overall environmental and operational costs.

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 diverse sources, feeding it into proprietary machine learning algorithms. The company's primary offerings are forecasting solutions, delivered via a web-based platform, which help energy industry players optimize operations and reduce costs by providing accurate, data-driven insights into weather conditions and their impact on energy assets.

Sepin

Seed Round in 2016
SEPIN specializes in providing a utilities platform that facilitates digital transformation for energy providers. This enterprise software, combined with IoT devices, streamlines business and operational processes, enabling utilities to manage data and automate workflows effectively. By offering accurate, real-time data from a centralized source, SEPIN's platform supports various teams, including billing, marketing, and sales. Additionally, it enhances customer experience through mobile applications and gamification features, helping utilities engage with their customers more effectively. Overall, SEPIN aims to position its clients competitively in an evolving digital landscape.

LeadCold

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

Enoware

Seed Round in 2015
Enoware specializes in wireless, miniaturized geothermal measuring capsules that enhance the efficiency and quality of geothermal probes. The company offers mobile sensor systems designed for fluid environments, providing users with access to crucial environmental information. By leveraging an online portal and smartphone application, Enoware facilitates system monitoring, optimization, and operational safety for geothermal energy applications. With a growing market in Germany, where over 300,000 geothermal probes are in use and 20,000 new systems are installed annually, Enoware aims to expand its customer base and enhance the capabilities of geothermal energy systems.

HYGEN

Seed Round in 2015
HYGEN is a developer of innovative home fueling appliances aimed at transforming the conventional gas distribution grid into a decentralized refueling infrastructure for gas-powered vehicles. Their patented liquid piston gas compression technology enhances the efficiency of gaseous fuel compression and eliminates issues such as maintenance and breakdowns. This technology allows for the rapid refueling of vehicles in just three minutes, making it a convenient option for users at home or in offices. By providing a low-cost solution for at-home fueling, HYGEN enhances the appeal of natural gas vehicles, positioning them similarly to electric vehicles. The company enables gas utilities to tap into the transportation fuel market, offering carbon-neutral and economical biomethane directly to consumers. As a result, HYGEN not only extends the service life of their appliances significantly but also reduces the total cost of ownership, creating a new segment within the gas industry focused on clean and affordable fuel delivery.

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 diverse sources, feeding it into proprietary machine learning algorithms. The company's primary offerings are forecasting solutions, delivered via a web-based platform, which help energy industry players optimize operations and reduce costs by providing accurate, data-driven insights into weather conditions and their impact on energy assets.

AEInnova

Private Equity Round in 2014
AEInnova, founded in 2014 at the Autonomous University of Barcelona, specializes in innovative Internet of Things (IoT) solutions for predictive maintenance. The company was established by a team of PhDs and engineers with expertise in microelectronics and various engineering disciplines. AEInnova's flagship product, InduEye, is a fully battery-less and autonomous device that monitors vibrations, steam traps, and thermal conditions, harnessing energy from waste heat, with future versions incorporating solar and wind power. The technology stands out due to its patented innovation, which enhances performance and enables real-time edge computing while utilizing advanced wireless communication standards. AEInnova's devices are employed in diverse sectors, including oil and gas, aluminum, steel, paper, and water treatment, and feature a sophisticated IoT cloud-based dashboard for data analytics and predictive maintenance. The company has received 31 international awards for its contributions to sustainability and innovation and has secured significant investment, including funding from the European Commission. AEInnova is actively engaged in multiple EU R&D projects focused on energy harvesting and IoT technologies.

ecop Technologies GmbH

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.
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