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.
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.
Orchestra Scientific
Venture Round in 2024
Orchestra Scientific provides services on CO2 from emissions.
Mine Storage
Venture Round in 2024
Developer of a portfolio of grid-scale energy storage technology and sites intended to become an enabler of the sustainable energy transition. The company develops environmentally friendly as well as fast-response and medium to large-scale pumped hydro systems in underground mines and also contributes towards the whole value chain, from qualifying and acquiring suitable sites and project development to financial structuring, design, procurement and construction and on to technical and commercial management, enabling clients with not only intermittent power generation but also electrification capabilities.
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.
ecoligo
Venture Round in 2024
Ecoligo GmbH, founded in 2016 and based in Berlin, Germany, operates a crowd-investing platform that finances sustainable solar energy projects in emerging markets. The company provides low-cost solar energy solutions to local businesses while addressing the financing gap that often hinders the implementation of such projects. By leveraging contributions from environmentally conscious investors, Ecoligo enables businesses to install solar systems without upfront costs, allowing them to benefit from financial savings and sustainable growth. The solar-as-a-service model not only helps businesses reduce their carbon footprint but also contributes to the fight against climate change by generating economic and environmental returns. Ecoligo's approach fosters the development of clean energy infrastructure in fast-growing economies, promoting a more sustainable future.
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.
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.
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.
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.
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.
GDI
Venture Round in 2024
GDI, founded in 2009 and based in Rochester, New York, specializes in the development and manufacture of silicon anodes for lithium-ion batteries. The company focuses on creating patented silicon battery materials that provide superior performance compared to traditional lithium-ion and emerging solid-state batteries. These materials are designed for compatibility with various lithium battery architectures and are engineered for mass production, allowing industries to enhance their product development capabilities. GDI's innovations aim to improve battery performance, particularly in terms of charging times, thereby contributing to a more sustainable and efficient energy future.
Bee Planet Factory
Venture Round in 2024
Bee Planet Factory S.L., founded in 2018 and headquartered in Noáin, Spain, specializes in recycling automotive batteries and repurposing them for home and commercial energy storage solutions. The company focuses on the second-life use of batteries removed from electric vehicles, which retain significant storage capacity (70%-80%) and high performance after their initial application. Bee Planet Factory offers various products, including BeeBattery Home for residential energy accumulation from photovoltaic panels, BeeBattery Pack for medium-scale commercial and industrial storage, and BeeBattery Power for large-scale industrial and renewable energy applications. Through its innovative approach, the company aims to promote sustainable energy consumption and contribute to an emission-free future.
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.
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.
ecoligo
Venture Round in 2024
Ecoligo GmbH, founded in 2016 and based in Berlin, Germany, operates a crowd-investing platform that finances sustainable solar energy projects in emerging markets. The company provides low-cost solar energy solutions to local businesses while addressing the financing gap that often hinders the implementation of such projects. By leveraging contributions from environmentally conscious investors, Ecoligo enables businesses to install solar systems without upfront costs, allowing them to benefit from financial savings and sustainable growth. The solar-as-a-service model not only helps businesses reduce their carbon footprint but also contributes to the fight against climate change by generating economic and environmental returns. Ecoligo's approach fosters the development of clean energy infrastructure in fast-growing economies, promoting a more sustainable future.
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.
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.
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.
Mob-Energy
Series A in 2023
Mob-Energy is a privately held company founded in 2018 and based in Villeurbanne, Auvergne-Rhône-Alpes. The company specializes in developing innovative mobile charging solutions for electric vehicles. Its autonomous charging robots are designed to optimize existing infrastructure by storing energy in second-life batteries installed in parking facilities. These robots can autonomously move to vehicles that request a charge, providing a convenient and efficient way for clients to power their parked cars. Through its technology, Mob-Energy aims to enhance the accessibility and usability of electric vehicle charging systems.
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.
Prime Batteries Technology
Venture Round in 2022
Prime Batteries Technology is an industrial company that specializes in the design and manufacture of lithium-ion and custom battery packs. The company focuses on creating safe and sustainable energy storage solutions, addressing the challenges of intermittent renewable energy sources and supporting the transition to electric energy. By developing advanced production systems with high scalability, Prime Batteries Technology aims to assist clients in managing the shift toward a cleaner environment.
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.
GDI
Series A in 2022
GDI, founded in 2009 and based in Rochester, New York, specializes in the development and manufacture of silicon anodes for lithium-ion batteries. The company focuses on creating patented silicon battery materials that provide superior performance compared to traditional lithium-ion and emerging solid-state batteries. These materials are designed for compatibility with various lithium battery architectures and are engineered for mass production, allowing industries to enhance their product development capabilities. GDI's innovations aim to improve battery performance, particularly in terms of charging times, thereby contributing to a more sustainable and efficient energy future.
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.
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.
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.
Woon Duurzaam
Venture Round in 2022
Woon Duurzaam operates a comprehensive cloud platform designed to simplify the home renovation process for consumers seeking sustainable living solutions. The platform connects homeowners with suppliers of energy-saving and generating equipment, as well as qualified installers. By focusing on converting existing homes to gasless or energy-neutral standards, Woon Duurzaam offers integral alternatives that are not only comfortable and aesthetically pleasing but also financially attractive. This approach allows users to save on energy costs, enhance sustainability, and enjoy a hassle-free renovation experience.
Woon Duurzaam
Seed Round in 2022
Woon Duurzaam operates a comprehensive cloud platform designed to simplify the home renovation process for consumers seeking sustainable living solutions. The platform connects homeowners with suppliers of energy-saving and generating equipment, as well as qualified installers. By focusing on converting existing homes to gasless or energy-neutral standards, Woon Duurzaam offers integral alternatives that are not only comfortable and aesthetically pleasing but also financially attractive. This approach allows users to save on energy costs, enhance sustainability, and enjoy a hassle-free renovation experience.
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.
Basquevolt
Seed Round in 2022
Basquevolt is a developer of solid-state lithium battery technology aimed at enhancing the electrification of various sectors, including electric vehicles, aviation, stationary energy storage, and electronic devices. The company's innovative batteries are designed to provide a sustainable and safe alternative, featuring a high energy density of 500 Wh/kg, which can significantly improve performance and efficiency. By focusing on the development of superior materials and battery cells, Basquevolt seeks to facilitate the mass adoption of electric transportation, integrate with hydrogen-gas systems for stationary energy storage, and support advanced portable devices. This cost-competitive technology positions Basquevolt as a key player in the transition toward more efficient and environmentally friendly energy solutions.
The Batteries
Series A in 2022
The Batteries, founded in 2015 by a team of experienced engineers and managers, specializes in the design and manufacturing of advanced thin-film batteries. With over 15 years of expertise in vacuum-based equipment and in-line technological processes, the company focuses on delivering high-quality, cost-efficient manufacturing solutions. Its rechargeable batteries offer significant advantages over conventional lithium-ion batteries, including more than double the energy density, enhanced durability in aggressive environments, and rapid charging capabilities without the risks of fire or explosion. This combination of technological innovation and economic efficiency positions The Batteries as a reliable provider of alternative energy resources for various industries.
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.
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.
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.
Northvolt
Venture Round in 2021
Northvolt AB, founded in 2016 and headquartered in Stockholm, Sweden, specializes in the manufacturing of sustainable lithium-ion batteries primarily for the renewable energy and transportation sectors. The company designs and produces a range of battery solutions, including cells, custom cells, and complete battery systems, tailored to meet specific requirements in terms of chemistry and form factor. Northvolt's commitment to sustainability is evident in its eco-friendly manufacturing processes, which ensure a minimal carbon footprint and incorporate advanced recycling technologies. By focusing on the development of high-quality, sustainable battery cells and systems, Northvolt aims to support the electrification of various markets, including automotive, grid storage, industrial applications, and micromobility, facilitating the transition away from fossil fuels towards cleaner energy sources.
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.
Stegra
Series A in 2021
Stegra operates a steel production plant focused on decarbonizing the steel industry in Europe through the use of green hydrogen. The facility is designed as a fully integrated, digitalized, and automated greenfield plant, which combines raw materials, renewable energy, and artificial intelligence to produce fossil-free steel. By replacing traditional CO2-intensive coal with green hydrogen, the plant significantly reduces emissions, with water and heat as the primary byproducts. This innovative approach enables clients to access high-quality, sustainable steel at a competitive cost, contributing to the broader goal of accelerating decarbonization in the steel sector.
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.
Woon Duurzaam
Seed Round in 2021
Woon Duurzaam operates a comprehensive cloud platform designed to simplify the home renovation process for consumers seeking sustainable living solutions. The platform connects homeowners with suppliers of energy-saving and generating equipment, as well as qualified installers. By focusing on converting existing homes to gasless or energy-neutral standards, Woon Duurzaam offers integral alternatives that are not only comfortable and aesthetically pleasing but also financially attractive. This approach allows users to save on energy costs, enhance sustainability, and enjoy a hassle-free renovation experience.
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.
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.
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.
Bee Planet Factory
Seed Round in 2020
Bee Planet Factory S.L., founded in 2018 and headquartered in Noáin, Spain, specializes in recycling automotive batteries and repurposing them for home and commercial energy storage solutions. The company focuses on the second-life use of batteries removed from electric vehicles, which retain significant storage capacity (70%-80%) and high performance after their initial application. Bee Planet Factory offers various products, including BeeBattery Home for residential energy accumulation from photovoltaic panels, BeeBattery Pack for medium-scale commercial and industrial storage, and BeeBattery Power for large-scale industrial and renewable energy applications. Through its innovative approach, the company aims to promote sustainable energy consumption and contribute to an emission-free future.
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.
Wattsun
Seed Round in 2020
Wattsun is a company that specializes in portable lithium-ion battery systems aimed at professionals working on-site. Founded in 2016 and based in Arnhem, Gelderland, the company focuses on developing high-quality, plug-and-play energy storage solutions. Wattsun's battery systems are designed to be flexible, allowing for various site layouts and a reliable energy supply. This modular approach enables industries to power heavy equipment while reducing their carbon footprint, making it an attractive option for businesses seeking sustainable energy solutions.
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.
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.
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.
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.
Mob-Energy
Seed Round in 2020
Mob-Energy is a privately held company founded in 2018 and based in Villeurbanne, Auvergne-Rhône-Alpes. The company specializes in developing innovative mobile charging solutions for electric vehicles. Its autonomous charging robots are designed to optimize existing infrastructure by storing energy in second-life batteries installed in parking facilities. These robots can autonomously move to vehicles that request a charge, providing a convenient and efficient way for clients to power their parked cars. Through its technology, Mob-Energy aims to enhance the accessibility and usability of electric vehicle charging systems.
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.
Bee Planet Factory
Seed Round in 2020
Bee Planet Factory S.L., founded in 2018 and headquartered in Noáin, Spain, specializes in recycling automotive batteries and repurposing them for home and commercial energy storage solutions. The company focuses on the second-life use of batteries removed from electric vehicles, which retain significant storage capacity (70%-80%) and high performance after their initial application. Bee Planet Factory offers various products, including BeeBattery Home for residential energy accumulation from photovoltaic panels, BeeBattery Pack for medium-scale commercial and industrial storage, and BeeBattery Power for large-scale industrial and renewable energy applications. Through its innovative approach, the company aims to promote sustainable energy consumption and contribute to an emission-free future.
NAWA Technologies
Venture Round in 2020
NAWA Technologies specializes in developing advanced energy storage solutions, focusing on its innovative Ultra Fast Carbon Battery Technology. Founded in April 2013 and supported by over 15 years of research and development in nanomaterials, the company aims to enhance energy conversion, storage, transport, and efficiency using carbon, which is abundant and environmentally friendly. NAWA Technologies creates ultracapacitors and battery electrodes that facilitate the integration of renewable energies into smart grids, thus promoting more efficient and sustainable electricity storage. The company is committed to minimizing the environmental impact of its manufacturing processes and emphasizes the importance of reusing, recovering, and recycling materials throughout the product lifecycle. With a dedicated team of 24 employees, NAWA Technologies operates a pilot production line to innovate new interface materials and storage devices that reduce carbon emissions and reliance on fossil fuels.
Cascade Drives
Seed Round in 2020
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.
NAWA Technologies
Venture Round in 2019
NAWA Technologies specializes in developing advanced energy storage solutions, focusing on its innovative Ultra Fast Carbon Battery Technology. Founded in April 2013 and supported by over 15 years of research and development in nanomaterials, the company aims to enhance energy conversion, storage, transport, and efficiency using carbon, which is abundant and environmentally friendly. NAWA Technologies creates ultracapacitors and battery electrodes that facilitate the integration of renewable energies into smart grids, thus promoting more efficient and sustainable electricity storage. The company is committed to minimizing the environmental impact of its manufacturing processes and emphasizes the importance of reusing, recovering, and recycling materials throughout the product lifecycle. With a dedicated team of 24 employees, NAWA Technologies operates a pilot production line to innovate new interface materials and storage devices that reduce carbon emissions and reliance on fossil fuels.
Woon Duurzaam
Seed Round in 2019
Woon Duurzaam operates a comprehensive cloud platform designed to simplify the home renovation process for consumers seeking sustainable living solutions. The platform connects homeowners with suppliers of energy-saving and generating equipment, as well as qualified installers. By focusing on converting existing homes to gasless or energy-neutral standards, Woon Duurzaam offers integral alternatives that are not only comfortable and aesthetically pleasing but also financially attractive. This approach allows users to save on energy costs, enhance sustainability, and enjoy a hassle-free renovation experience.
Volterion
Series A in 2018
Volterion GmbH, established in 2015 and based in Dortmund, Germany, specializes in the manufacturing and sale of compact redox flow batteries for residential energy storage, primarily for renewable energy sources. The company produces redox flow stacks, modules, and systems, utilizing a unique, patented manufacturing process for weldable bipolar-graphite-electrodes. Volterion's innovative energy systems, such as the powerRFB, cater to diverse industrial applications and meet high-demand standards. The company's technology and business model have been recognized with several awards, including the ACHEMA Energy Founders Award and the TU Startup Award.
Klugit Energy
Pre Seed Round in 2018
Klugit Energy focuses on providing efficient demand-response solutions for utilities and households through its innovative smart plug technology. This plug can be attached to any electric water heater, transforming it into a Wi-Fi connected and smart-grid compatible device. Electric water heaters are known to waste significant energy due to standby thermal losses, with millions installed across Europe contributing to substantial energy waste. By utilizing artificial intelligence, Klugit's system learns users' hot water consumption patterns and optimizes heating schedules, resulting in immediate cost savings for families. Additionally, Klugit offers a cost-effective solution for utilities seeking to implement peak shaving services, effectively converting electric water heaters into energy storage devices that can address challenges associated with renewable energy integration.
Nines Photovoltaics
Venture Round in 2018
Nines Photovoltaics is focused on revolutionizing the manufacturing of photovoltaic (PV) solar cells through innovative technology. The company has developed a high throughput dry etching process platform that enhances the efficiency and performance of solar cell production while addressing the environmental challenges associated with traditional methods. By eliminating the need for water, greenhouse gases, and labor-intensive processes, Nines' technology allows for manufacturing at atmospheric pressure and in a dry environment. This shift not only reduces the financial and environmental costs of producing PV cells but also facilitates high-volume inline production using cheaper thin wafers and advanced cell designs. Nines Photovoltaics aims to significantly decrease the cost per watt of PV electricity generation, thereby improving the overall scalability and sustainability of solar manufacturing on a global scale.
HSL Technologies
Venture Round in 2018
HSL Technologies specializes in innovative hydrogen transport and storage solutions, centered around a breakthrough product known as HydroSil. This technology allows hydrogen to be safely transported using conventional infrastructures, thereby minimizing risk. The company has designed a hydrogen-based liquid carrier that enables efficient charging and releasing of hydrogen, offering a stable, non-toxic, and non-explosive fuel alternative. This liquid carrier generates no emissions, making it an environmentally friendly option for various applications, including fuel cells that produce electricity for vehicles, generators, and portable devices. HSL Technologies is committed to driving the transition to a carbon-free future, positioning itself as a leader in the clean energy sector.
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.
vilisto
Seed Round in 2017
vilisto GmbH, founded in 2016 and based in Hamburg, Germany, specializes in the manufacturing of self-learning radiator thermostats designed to optimize energy consumption in offices and municipal buildings. The company offers a digital heat management solution that integrates automated thermostats equipped with presence detection, learning algorithms, and room climate sensors. This technology allows for fully automated and demand-based control of room temperatures, resulting in potential energy savings of up to 40% for its customers. Additionally, vilisto provides a connected web portal that facilitates centralized management of property portfolios, giving users insights into their heating behaviors and enabling them to achieve optimal ventilation and temperature control. The system not only reduces heating costs but also contributes to lowering carbon dioxide emissions, promoting immediate climate protection.
Solaris Offgrid
Venture Round in 2017
Solaris Offgrid addresses the critical issue of energy poverty, particularly in rural Africa, where over a billion people lack access to clean and affordable electricity. The company develops and installs solar energy systems that leverage smart technology and mobile payment solutions. Its pay-as-you-go solar home system provides households and businesses with essential services such as LED lighting, communication, and media access, as well as opportunities for enterprise and financial services. By offering an integrated and affordable energy solution, Solaris Offgrid empowers local entrepreneurs, equipping them with the necessary hardware, software, and technical expertise to establish and sustain micro-energy ventures. Through this model, Solaris Offgrid not only enhances energy access but also fosters economic development in low-income communities.
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.
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.
SOLABLE S.A.S
Seed Round in 2015
renewable innovations for a smart world
Place to Plug
Convertible Note in 2015
Place to Plug is an innovative electric vehicle (EV) charging platform that utilizes AI and blockchain technology to connect EV drivers with charging points. The platform aggregates a wide range of public and private charging locations, allowing users to easily find, book, and access these points without needing to be a direct customer of any specific operator. By creating a comprehensive and collaborative network, Place to Plug aims to simplify the charging process for EV drivers and enhance the overall charging experience, positioning itself as a leading referral platform in the global EV charging market.
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.
NAWA Technologies
Venture Round in 2014
NAWA Technologies specializes in developing advanced energy storage solutions, focusing on its innovative Ultra Fast Carbon Battery Technology. Founded in April 2013 and supported by over 15 years of research and development in nanomaterials, the company aims to enhance energy conversion, storage, transport, and efficiency using carbon, which is abundant and environmentally friendly. NAWA Technologies creates ultracapacitors and battery electrodes that facilitate the integration of renewable energies into smart grids, thus promoting more efficient and sustainable electricity storage. The company is committed to minimizing the environmental impact of its manufacturing processes and emphasizes the importance of reusing, recovering, and recycling materials throughout the product lifecycle. With a dedicated team of 24 employees, NAWA Technologies operates a pilot production line to innovate new interface materials and storage devices that reduce carbon emissions and reliance on fossil fuels.
GDI
GDI, founded in 2009 and based in Rochester, New York, specializes in the development and manufacture of silicon anodes for lithium-ion batteries. The company focuses on creating patented silicon battery materials that provide superior performance compared to traditional lithium-ion and emerging solid-state batteries. These materials are designed for compatibility with various lithium battery architectures and are engineered for mass production, allowing industries to enhance their product development capabilities. GDI's innovations aim to improve battery performance, particularly in terms of charging times, thereby contributing to a more sustainable and efficient energy future.
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