EIT InnoEnergy

EIT InnoEnergy, established in 2010 and based in Eindhoven, Netherlands, serves as an innovation engine for sustainable energy across Europe. The organization focuses on enhancing the success of start-ups and facilitating the growth of small and medium-sized enterprises (SMEs) while assisting corporations in mitigating risks associated with open innovation. By leveraging a global network of partners, EIT InnoEnergy connects entrepreneurs, investors, and industry stakeholders to foster collaboration and drive the development of market-ready solutions. The firm invests in seed-stage and early-stage companies across various sectors, including energy, climate technology, clean technology, and mobility. With the support of the European Institute of Innovation and Technology, EIT InnoEnergy aims to create an environment conducive to innovation and entrepreneurship, maximizing impact in the sustainable energy landscape.

Jacob Ruiter

CEO Benelux

Karine Vernier

Co-CEO, France and Executive Board Member

Past deals in GreenTech

suena

Pre Seed Round in 2022
Optimization software for energy storage applications

NitroCapt

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

Skeleton Technologies

Series D in 2022
Skeleton Technologies OÜ specializes in manufacturing ultracapacitors and related systems, targeting applications in automotive, industrial, transportation, and energy sectors. Founded in 2009 and headquartered in Tallinn, Estonia, with additional facilities in Germany, the company utilizes patented curved graphene technology to produce ultracapacitors that boast superior energy density and power density compared to competitors. These advanced energy storage solutions enable industries to enhance efficiency, reduce fuel consumption, and lower carbon emissions. Skeleton Technologies serves a diverse clientele, including global engineering firms, the European Space Agency, and leading automotive manufacturers, while also providing welding services and maintaining a network of distributors worldwide.

Ducktrain

Seed Round in 2021
Ducktrain specializes in electric semi-autonomous delivery technology aimed at enhancing logistics transportation over longer distances in urban and industrial settings. The company offers innovative vehicle platforms that can be combined into a train-like formation, optimizing the movement of goods while reducing emissions. This technology not only improves efficiency but also promotes environmentally friendly practices in logistics. Ducktrain's solutions allow businesses to upgrade both hardware and software, ensuring that their transport systems remain effective and operational continuously. By focusing on sustainable and efficient transportation methods, Ducktrain is positioned to significantly impact urban and industrial logistics.

VoltStorage

Series B in 2021
VoltStorage GmbH is a company based in Olching, Germany, specializing in the development and production of solar energy storage systems. Utilizing eco-friendly vanadium redox flow technology, VoltStorage creates power storage devices that capture surplus solar energy during the day for use at night. This innovative approach allows homeowners to maximize the efficiency of their solar panel systems, ensuring a consistent supply of renewable energy even during periods of low sunlight. In addition to its products, VoltStorage offers installation and technical support services, facilitating a seamless transition to sustainable energy solutions. The company's mission is to promote 100 percent renewable energy availability, contributing to a cleaner and fairer world for future generations.

Graphmatech

Venture Round in 2021
Graphmatech AB is a Swedish materials technology company founded in 2017 and based in Västerås, Sweden. The company specializes in inventing, developing, and selling innovative graphene-based nanocomposite materials and services. Its product range includes aros graphene thermal grease, aros graphene polymer 3D filament, aros graphene conductive ink, and aros graphene coated polymer powder. Graphmatech's materials leverage the unique electrical and thermal properties of graphene, offering advantages such as high conductivity, self-lubrication, lightweight design, and enhanced wear resistance. These characteristics enable various industries to create advanced products utilizing graphene hybrid materials.

Ngenic

Post in 2021
Ngenic is an independent energy technology company that offers a smart thermostat system designed to promote energy efficiency. The system can be controlled via mobile devices, computers, or tablets, enabling users to manage their energy consumption effectively. By utilizing Ngenic's technology, customers can potentially reduce their energy usage by up to 15%. The company serves a diverse clientele, including energy companies, property owners, tenant-owner associations, and individual homeowners, focusing on the digitization and optimization of energy systems to enhance sustainability.

SunRoof

Seed Round in 2021
SunRoof International Holding AB, founded in 2013 and headquartered in Stockholm, Sweden, specializes in the manufacture and sale of 2-in-1 solar roofs and innovative façades that generate electricity without the need for traditional photovoltaic modules. With additional locations in Munich, Germany, and Lodz and Gdansk, Poland, the company targets both residential and commercial sectors. SunRoof's products serve as a sustainable alternative to conventional roofing, offering high efficiency and a low carbon footprint while enhancing the aesthetic appeal of buildings. The company's mission focuses on accelerating the global transition to renewable energy by providing roofs that can meet the entire energy demands of a building through electricity generation.
Stockholm Water Technology specializes in creating innovative and sustainable water purification solutions, focusing on capacitive deionization technology. The company combines advanced nanotechnology materials with smart engineering to develop a patented, membrane-free approach to water desalination. This technology is designed to achieve high water recovery rates while minimizing energy consumption and costs, making it a viable option for clients seeking efficient water cleansing and desalination methods. By integrating both hardware and software, Stockholm Water Technology enhances the overall functionality of its systems, promoting environmentally friendly practices in water management.

DUCKT

Seed Round in 2021
DUCKT specializes in developing infrastructure solutions for micromobility and smart city applications. The company offers a patented plug-and-play docking device and a universal connecting adapter designed to create a network of electric charging storage and service stations for electric bikes and scooters. By organizing public spaces and lowering operational costs, DUCKT aims to enhance the user experience in the growing micromobility economy. Its innovative products and services facilitate better connectivity and efficiency, supporting the integration of various transportation modes within urban environments.

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.

Gleam

Seed Round in 2021
Gleam Technologies focuses on urban mobility solutions through the development of innovative cargo e-bikes. These e-bikes are designed to provide a car-independent and emission-free transportation option, catering to the needs of the OnDemand economy. Featuring tilting technology and a FLEX system, Gleam's e-bikes offer versatility for dynamic mobility. They provide ample cargo space while allowing users to navigate urban traffic more effectively. Equipped with an electric engine and front and rear suspension, these bikes are engineered to adapt to the challenges of urban environments, promoting sustainable transportation.

ROSI

Seed Round in 2021
ROSI is a company based in Grenoble, France, that focuses on innovative recycling and revalorization technologies tailored for the photovoltaic industry. The company specializes in recovering ultra-pure silicon and other valuable metals that are typically lost during the manufacturing of photovoltaic cells and at the end of solar panel life cycles. By valorizing silicon waste generated during the solar wafer slicing process, as well as fine silicon particles lost during production, ROSI aims to make the production of photovoltaic modules more sustainable and cost-effective.

Ducktrain

Seed Round in 2021
Ducktrain specializes in electric semi-autonomous delivery technology aimed at enhancing logistics transportation over longer distances in urban and industrial settings. The company offers innovative vehicle platforms that can be combined into a train-like formation, optimizing the movement of goods while reducing emissions. This technology not only improves efficiency but also promotes environmentally friendly practices in logistics. Ducktrain's solutions allow businesses to upgrade both hardware and software, ensuring that their transport systems remain effective and operational continuously. By focusing on sustainable and efficient transportation methods, Ducktrain is positioned to significantly impact urban and industrial logistics.

Meva Energy

Seed Round in 2021
Meva Energy specializes in developing technology for converting solid biomass into renewable biogas. This biogas can be utilized in various applications, including industrial processes and combined heat and power (CHP) systems, serving as a sustainable alternative to fossil fuels. The company focuses on gasification technology that enables the production of renewable energy from small fraction fuels, allowing clients to generate power and heat efficiently. Meva Energy aims to support sustainable energy solutions, contributing to profitability while promoting environmentally friendly practices.

Rivus

Venture Round in 2020
Operator of a green technology company intended to develop novel organic electrolytes for flow batteries. The company's products consist of only abundantly available elements, redox-active molecules that can be synthesized on a large scale and with a small environmental footprint compared to conventional technologies, enabling cost-effective, eco-friendly grid-scale energy storage.

BeePlanet Factory

Seed Round in 2020
BeePlanet Factory, founded in 2018 and based in Noáin, Comunidad Foral de Navarra, specializes in developing energy storage systems utilizing second-life batteries from electric vehicles, known as B2U (Battery 2nd Use). These repurposed batteries retain 70% to 80% of their original storage capacity, making them suitable for a variety of applications, particularly in stationary energy storage. By focusing on the reuse of these batteries, BeePlanet Factory aims to provide clean energy solutions for commercial and small industrial sectors, promoting sustainable energy consumption and contributing to an emission-free future.

Skeleton Technologies

Series D in 2020
Skeleton Technologies OÜ specializes in manufacturing ultracapacitors and related systems, targeting applications in automotive, industrial, transportation, and energy sectors. Founded in 2009 and headquartered in Tallinn, Estonia, with additional facilities in Germany, the company utilizes patented curved graphene technology to produce ultracapacitors that boast superior energy density and power density compared to competitors. These advanced energy storage solutions enable industries to enhance efficiency, reduce fuel consumption, and lower carbon emissions. Skeleton Technologies serves a diverse clientele, including global engineering firms, the European Space Agency, and leading automotive manufacturers, while also providing welding services and maintaining a network of distributors worldwide.

SunRoof

Seed Round in 2020
SunRoof International Holding AB, founded in 2013 and headquartered in Stockholm, Sweden, specializes in the manufacture and sale of 2-in-1 solar roofs and innovative façades that generate electricity without the need for traditional photovoltaic modules. With additional locations in Munich, Germany, and Lodz and Gdansk, Poland, the company targets both residential and commercial sectors. SunRoof's products serve as a sustainable alternative to conventional roofing, offering high efficiency and a low carbon footprint while enhancing the aesthetic appeal of buildings. The company's mission focuses on accelerating the global transition to renewable energy by providing roofs that can meet the entire energy demands of a building through electricity generation.

Smartive

Seed Round in 2020
Smartive is a company based in Barcelona, Spain, founded in 2013, that specializes in the design and development of intelligent platforms aimed at enhancing the operation and efficiency of the energy market, particularly in wind turbine management. The company offers a range of services, including monitoring, diagnosis, and prognosis of wind turbines through its products like Smartcast, Smartgear, Smartscada, Smartboard, and Smartaudit. By leveraging technologies such as artificial intelligence, cloud computing, and data mining algorithms, Smartive provides real-time data analysis and intuitive interfaces for energy sector companies. Its advanced services focus on the real-time processing of SCADA data, enabling the detection of turbine faults and optimization of performance, thereby supporting the transition to renewable energy and promoting energy efficiency.

Enervalis

Series A in 2020
Enervalis SA/NV specializes in developing Software-as-a-Service (SaaS) solutions and hardware that promote sustainable energy practices for electric vehicles, buildings, and microgrids. Their flagship product, the Smartpower Suite, facilitates the optimization of energy supply, storage, and demand flexibility for electricity producers, distributors, and consumers, enabling them to enhance energy efficiency and generate cost savings. The platform integrates user profiles, energy demands, and predictability of usage patterns with renewable energy sources and charging infrastructure, effectively managing energy flows. Enervalis' solutions also enhance the energy consumption efficiency of buildings by leveraging locally produced green energy and enable local energy trading, which fosters independence from public grids and reduces infrastructure maintenance costs. Founded in 2013 and headquartered in Houthalen-Helchteren, Belgium, Enervalis operates additional offices in Frankfurt, Germany, and Austin, Texas, serving municipalities and businesses in the electric vehicle, construction, and utility sectors both domestically and internationally.

Meva Energy

Seed Round in 2020
Meva Energy specializes in developing technology for converting solid biomass into renewable biogas. This biogas can be utilized in various applications, including industrial processes and combined heat and power (CHP) systems, serving as a sustainable alternative to fossil fuels. The company focuses on gasification technology that enables the production of renewable energy from small fraction fuels, allowing clients to generate power and heat efficiently. Meva Energy aims to support sustainable energy solutions, contributing to profitability while promoting environmentally friendly practices.

DUCKT

Seed Round in 2020
DUCKT specializes in developing infrastructure solutions for micromobility and smart city applications. The company offers a patented plug-and-play docking device and a universal connecting adapter designed to create a network of electric charging storage and service stations for electric bikes and scooters. By organizing public spaces and lowering operational costs, DUCKT aims to enhance the user experience in the growing micromobility economy. Its innovative products and services facilitate better connectivity and efficiency, supporting the integration of various transportation modes within urban environments.

VoltStorage

Venture Round in 2020
VoltStorage GmbH is a company based in Olching, Germany, specializing in the development and production of solar energy storage systems. Utilizing eco-friendly vanadium redox flow technology, VoltStorage creates power storage devices that capture surplus solar energy during the day for use at night. This innovative approach allows homeowners to maximize the efficiency of their solar panel systems, ensuring a consistent supply of renewable energy even during periods of low sunlight. In addition to its products, VoltStorage offers installation and technical support services, facilitating a seamless transition to sustainable energy solutions. The company's mission is to promote 100 percent renewable energy availability, contributing to a cleaner and fairer world for future generations.

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.

Energy Floors

Seed Round in 2020
Energy Floors BV manufactures interactive floor systems that convert kinetic energy of walking or dancing people into electricity, which is used to make the floor react and interact visually and to power applications. It offers energy floor modules; sustainable energy floor, an electromechanical system the converts kinetic energy of walking people into usable electricity; sustainable dance floors for the conversion of kinetic energy into usable electricity; SEF solar, a hybrid energy floor system that combines human power with solar energy to produce local clean energy; and human powered photo booth, a plug and play energy exhibit for science centers, schools, and other educational institutions. The company also provides digital energy meter, a software that shows the instantaneous power and the total power produced; energy tower that visualizes the amount of energy produced by the dancing crowd on the interactive floor modules; LED battery to create a climax in a dancing crowd or to attract visitors to a booth or location where the floor is installed; a photo application; hand pedals, and interactive LED-wristbands; DrinkWaterBar, an energy converter; and mini sustainable dance floor converts the energy of the dancers into electricity. It serves creative agencies, festivals, events, brands and corporates, exhibitions, museusms, media, and more worldwide. Energy Floors BV was formerly known as Sustainable Dance Club B.V. The company was founded in 2006 and is based in Rotterdam, the Netherlands.

Ingelia

Series A in 2020
Ingelia is a technology-driven company based in Valencia, Spain, focusing on research and development in the renewable energy sector. The company operates hydrothermal carbonization plants that convert organic, vegetable, and food waste into biofuel. By transforming organic waste into hydrochar, Ingelia effectively reduces greenhouse gas emissions and allows clients to valorize their waste. This process not only promotes sustainability but also contributes to environmental protection, aligning with global efforts to manage waste and reduce carbon footprints. Ingelia is supported by multinational shareholders from Spain, Austria, England, and Italy, underscoring its international collaboration in advancing renewable energy solutions.

Nordluft Automation

Seed Round in 2020
Nordluft Automation is a Swedish startup working to automate a range of forestry and agricultural businesses via unmanned aerial vehicles or UAVs/drones. With our technology a business's cost of production is reduced, the efficiency of the green industrial processes increases, and the environment is protected. Key aspects of the technology we develop are swarm control, heavy payload drones (30kg) and efficient total logistics.

DUCKT

Seed Round in 2020
DUCKT specializes in developing infrastructure solutions for micromobility and smart city applications. The company offers a patented plug-and-play docking device and a universal connecting adapter designed to create a network of electric charging storage and service stations for electric bikes and scooters. By organizing public spaces and lowering operational costs, DUCKT aims to enhance the user experience in the growing micromobility economy. Its innovative products and services facilitate better connectivity and efficiency, supporting the integration of various transportation modes within urban environments.

Gleam

Seed Round in 2020
Gleam Technologies focuses on urban mobility solutions through the development of innovative cargo e-bikes. These e-bikes are designed to provide a car-independent and emission-free transportation option, catering to the needs of the OnDemand economy. Featuring tilting technology and a FLEX system, Gleam's e-bikes offer versatility for dynamic mobility. They provide ample cargo space while allowing users to navigate urban traffic more effectively. Equipped with an electric engine and front and rear suspension, these bikes are engineered to adapt to the challenges of urban environments, promoting sustainable transportation.

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.

BeePlanet Factory

Seed Round in 2020
BeePlanet Factory, founded in 2018 and based in Noáin, Comunidad Foral de Navarra, specializes in developing energy storage systems utilizing second-life batteries from electric vehicles, known as B2U (Battery 2nd Use). These repurposed batteries retain 70% to 80% of their original storage capacity, making them suitable for a variety of applications, particularly in stationary energy storage. By focusing on the reuse of these batteries, BeePlanet Factory aims to provide clean energy solutions for commercial and small industrial sectors, promoting sustainable energy consumption and contributing to an emission-free future.

Wind My Roof

Seed Round in 2020
Wind My Roof specializes in the development of modular roof wind turbines aimed at optimizing wind energy utilization for flat-roofed buildings. Founded in 2018 and based in Vincennes, Ile-de-France, the company designs turbines that are installed along the edges of roofs, harnessing wind to generate electricity in urban and peri-urban settings. This innovative approach enables businesses and communities to decrease their reliance on conventional power sources, enhancing energy efficiency and improving return on investment.

NAWA Technologies

Venture Round in 2020
NAWATECHNOLOGIES, Société anonyme designs, develops, industrializes, and commercializes products based on organized nanostructures to enable improvements in materials and devices dedicated to energy, transportation, and environment markets. The company offers multifunctional materials and energy storage devices. NAWATECHNOLOGIES, Société anonyme was founded in 2013 and is based in Aix-en-Provence, France.

Heaboo

Seed Round in 2020
Heaboo is a technology company established in 2015 and based in Aveiro, specializing in the research, development, manufacturing, and commercialization of a passive device designed to enhance the response time of hot water supply in taps and shower mixers. This innovative device aims to improve energy and water efficiency within buildings by correcting hot water distribution systems. In addition to its primary product, Heaboo also offers auditing and energy certification services for buildings, focusing on aspects such as ventilation and air conditioning. This allows contractors to assess and optimize the energy and water efficiency of various structures.

AEInnova

Series A in 2020
AEInnova is a company incorporated in late 2014 with a vocation clearly oriented to research, innovation, and development of new products related to alternative energies. In particular, its main objective is the development of technologies for the production of electrical energy through the recovery of waste heat (thermoelectrical energy harvesting).

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.

NAWA Technologies

Venture Round in 2019
NAWATECHNOLOGIES, Société anonyme designs, develops, industrializes, and commercializes products based on organized nanostructures to enable improvements in materials and devices dedicated to energy, transportation, and environment markets. The company offers multifunctional materials and energy storage devices. NAWATECHNOLOGIES, Société anonyme was founded in 2013 and is based in Aix-en-Provence, France.

Gleam

Pre Seed Round in 2018
Gleam Technologies focuses on urban mobility solutions through the development of innovative cargo e-bikes. These e-bikes are designed to provide a car-independent and emission-free transportation option, catering to the needs of the OnDemand economy. Featuring tilting technology and a FLEX system, Gleam's e-bikes offer versatility for dynamic mobility. They provide ample cargo space while allowing users to navigate urban traffic more effectively. Equipped with an electric engine and front and rear suspension, these bikes are engineered to adapt to the challenges of urban environments, promoting sustainable transportation.

Minesto

Post in 2018
Minesto AB is a marine energy technology developer based in Gothenburg, Sweden, with operations in Wales, Northern Ireland, and Taiwan. Founded in 2007 by Magnus Landberg, the company specializes in Deep Green technology, designed to generate electricity from slow tidal and ocean currents using a turbine. Minesto's innovative approach aims to harness renewable energy from marine sources, contributing to the transition towards sustainable energy solutions.

Hardt Hyperloop

Venture Round in 2018
Hardt Global Mobility, founded in 2016 and based in Delft, the Netherlands, specializes in the design and development of high-speed transportation systems. The company focuses on creating capsules that travel through vacuum tubes at speeds of up to 1,200 km/h. This innovative mode of transportation aims to enhance connectivity and accessibility, ultimately improving individual freedom and quality of life. By offering a fast and efficient means of travel, Hardt Global Mobility seeks to transform the way people move, connecting communities and making the world more accessible.

GA Drilling

Debt Financing in 2018
GA Drilling a.s. is a high-tech company based in Bratislava, Slovakia, specializing in the design and development of the PLASMABIT technology platform. This innovative system integrates chemical, electrical, and mechanical components to enhance drilling and milling operations, offering precise control over tool positioning and plasma movement. The company focuses on applications in the oil and gas, geothermal energy, and mining sectors, providing solutions that enable significant time and cost savings compared to traditional drilling methods. In addition to its drilling technology, GA Drilling also offers geothermal power generation services and environmental plug and abandonment solutions. Founded in 2008 and originally known as Geothermal Anywhere, a.s., the company rebranded to GA Drilling a.s. in May 2013.

Nines Photovoltaics

Venture Round in 2018
Nines Photovoltaics specializes in innovating the manufacturing process of photovoltaic (PV) solar cells, addressing the significant financial and environmental challenges associated with traditional methods. The company has developed a high-throughput dry etching process platform that operates at atmospheric pressure and eliminates the need for water and high Global Warming Potential chemicals. This technology enhances efficiency by enabling the use of thinner wafers and advanced cell concepts, while also facilitating high-volume inline production. By offering solutions that improve both the performance and scalability of solar cell manufacturing, Nines Photovoltaics aims to significantly lower the cost per watt of PV electricity generation. Their products are designed to serve manufacturers worldwide, promoting a sustainable and economically viable future for the solar energy industry.

Minesto

Post in 2018
Minesto AB is a marine energy technology developer based in Gothenburg, Sweden, with operations in Wales, Northern Ireland, and Taiwan. Founded in 2007 by Magnus Landberg, the company specializes in Deep Green technology, designed to generate electricity from slow tidal and ocean currents using a turbine. Minesto's innovative approach aims to harness renewable energy from marine sources, contributing to the transition towards sustainable energy solutions.

Solaris Offgrid

Venture Round in 2017
Solaris Offgrid is focused on addressing the energy access gap faced by over one billion people globally who lack clean and affordable electricity. The company designs, manufactures, and installs solar energy systems, employing innovative technology and mobile payment solutions to create a scalable model for energy access in developing regions. Its pay-as-you-go solar home systems provide essential services such as LED lighting, communication, and media, while also facilitating enterprise opportunities and financial access for households and businesses in rural Africa. Additionally, Solaris Offgrid empowers local entrepreneurs by offering the necessary hardware, software, technical expertise, and funding to establish sustainable micro-energy ventures, thereby fostering community development and economic growth.

Swedish Algae Factory

Seed Round in 2017
Swedish Algae Factory AB, founded in 2014 and located in Gothenburg, Sweden, specializes in algae cultivation and wastewater treatment systems. The company extracts nanoporous silica from silicon algae, which enhances solar panel efficiency by trapping visible light and blocking UV light. Laboratory tests have shown promising results, indicating significant improvements in solar energy capture. Additionally, the nanoporous material developed by Swedish Algae Factory has versatile applications beyond solar technology; it can absorb and release particles, making it useful in skincare products for moisturizing, cleaning, and UV protection.

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 seeks to provide next-generation devices for storing electrical energy and aims to deliver high efficiency energy solutions. Charge2CNewCap was founded in 2014 by Rui Silva and Andre Mao de Ferro and is based in Lisbon.

Minesto

Post in 2016
Minesto AB is a marine energy technology developer based in Gothenburg, Sweden, with operations in Wales, Northern Ireland, and Taiwan. Founded in 2007 by Magnus Landberg, the company specializes in Deep Green technology, designed to generate electricity from slow tidal and ocean currents using a turbine. Minesto's innovative approach aims to harness renewable energy from marine sources, contributing to the transition towards sustainable energy solutions.

Nnergix

Seed Round in 2016
Nnergix collects weather and energy data from multiple sources from the industry in order to feed owned machine learning based algorithms to run several analytic solutions with the main goal to help any player in the field to be more efficient during operations and reduce costs.

Ferroamp

Seed Round in 2016
Ferroamp Elektronik AB develops, manufactures, and markets innovative power electronics for a more efficient use of electrical energy. Its first product is ACE. Based on our 4-quadrant inverter technology ACE enables faster EV charging and reduced grid fees. ACE is part of the modular EnergyHub system that can be expanded with solar cells and energy storage as the need arises. This smart grid concept improves the versatility and profitability of solar cell installations and it brings benefits to homeowners as well as grid companies.

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.

SOLABLE S.A.S

Seed Round in 2015
renewable innovations for a smart world

HYGEN

Seed Round in 2015
HYGEN, SIA, established in 2009 and based in Riga, Latvia, specializes in the distribution of home refueling appliances for gaseous fuel-powered vehicles. The company has developed a unique home fueling solution that allows users to refuel their vehicles in just three minutes using the existing household or office gas distribution grid. This innovation addresses key challenges in the natural gas vehicle market by creating a decentralized refueling infrastructure. HYGEN's proprietary liquid piston gas compression technology significantly enhances the efficiency and longevity of the fueling process, reducing maintenance needs and costs. By transforming the perception of natural gas vehicles into a more modern and appealing option, the company enables gas utilities to tap into the transportation fuel market, offering clean and cost-effective fueling solutions at consumers' doorsteps.

Nnergix

Pre Seed Round in 2015
Nnergix collects weather and energy data from multiple sources from the industry in order to feed owned machine learning based algorithms to run several analytic solutions with the main goal to help any player in the field to be more efficient during operations and reduce costs.

AEInnova

Private Equity Round in 2014
AEInnova is a company incorporated in late 2014 with a vocation clearly oriented to research, innovation, and development of new products related to alternative energies. In particular, its main objective is the development of technologies for the production of electrical energy through the recovery of waste heat (thermoelectrical energy harvesting).

NAWA Technologies

Venture Round in 2014
NAWATECHNOLOGIES, Société anonyme designs, develops, industrializes, and commercializes products based on organized nanostructures to enable improvements in materials and devices dedicated to energy, transportation, and environment markets. The company offers multifunctional materials and energy storage devices. NAWATECHNOLOGIES, Société anonyme was founded in 2013 and is based in Aix-en-Provence, France.

Thermosmart

Pre Seed Round in 2010
ThermoSmart is a Dutch company that specializes in the development of a user-friendly Wi-Fi thermostat aimed at energy conservation. The thermostat operates independently from energy suppliers and boiler installers, allowing users to manage their home heating efficiently. It can be controlled via an online diary or directly from a smartphone, providing convenience and flexibility. By focusing on ease of use and energy savings, ThermoSmart offers a solution that helps consumers reduce their heating costs while maintaining comfort in their homes.
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