EIT InnoEnergy

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

Mikel Lasa

Managing Director

Lowina Lundström

CEO

Christian Müller

CEO, KIC InnoEnergy Germany

Diego Pavía

CEO

Jacob Ruiter

Co-CEO, Benelux and Executive Board Member

Past deals in Mechanical Engineering

Cascade Drives

Venture Round in 2024
Founded in 2014, Cascade Drives specializes in manufacturing high-performing, eco-friendly power density solutions. Its core products include CASCADE POWER (electromechanical linear actuator for electric forklifts), CASCADE STEERING (drive-by-wire electrical steering system for heavy-duty vehicles), and CASCADE TORQUE (gearbox used in wind turbines and in-wheel propulsion systems). These solutions serve industries such as mining, material handling, commercial trucks, buses, tow tractors, and airplane tugs.

Tribonex

Venture Round in 2024
Tribonex is a company that focuses on surface treatments and coatings specifically designed for automotive and industrial components. It has developed a friction and wear reduction technology aimed at enhancing the performance of machines and vehicles by improving efficiency and minimizing operational losses. This technology is characterized by its ease of implementation and favorable cost-benefit ratio, allowing for seamless integration into most existing production processes. By enabling manufacturers to adopt advanced solutions, Tribonex helps them deliver improved performance at competitive prices.

CorPower Ocean

Series B in 2024
Founded in 2009, CorPower Ocean develops high-efficiency Wave Energy Converters (WECs). Its patented technology features a heaving buoy connected to the seabed via a taut mooring line, enabling a lightweight system with high natural frequency of oscillation. This results in five times higher annual energy output compared to traditional solutions, making it cost-competitive with offshore wind. The company is based in Sweden with additional offices in Portugal, Norway, and the UK.

ecop Technologies GmbH

Venture Round in 2024
ECOP Technologies GmbH is a high-tech company based in Vienna, Austria, specializing in the development of innovative heat pump technology for industrial heating and cooling applications. Founded in 2007, the company manufactures rotation heat pumps that utilize a novel, multi-patented technology, allowing for energy recovery while minimizing environmental impact and reducing costs. These heat pumps operate efficiently at high temperatures without the need for refrigerants, employing a rotational compression method that enhances overall performance. ECOP has production facilities in Upper Austria and a state-of-the-art development center in Vienna. The company has received multiple accolades for its contributions to environmental technology, including the European Commission's European Environmental Award and the State Prize for Environmental Technology.

Wind My Roof

Venture Round in 2023
Wind My Roof is a company that specializes in developing modular wind turbines specifically designed for flat-roofed buildings. Founded in 2018 and headquartered in Vincennes, Ile-de-France, the company’s innovative turbines are strategically installed along the edges of roofs to harness wind energy, particularly in urban and peri-urban settings. By utilizing this renewable energy source, Wind My Roof enables businesses and communities to decrease their reliance on traditional power consumption, thereby enhancing energy efficiency and improving return on investment.

Tribonex

Seed Round in 2023
Tribonex is a company that focuses on surface treatments and coatings specifically designed for automotive and industrial components. It has developed a friction and wear reduction technology aimed at enhancing the performance of machines and vehicles by improving efficiency and minimizing operational losses. This technology is characterized by its ease of implementation and favorable cost-benefit ratio, allowing for seamless integration into most existing production processes. By enabling manufacturers to adopt advanced solutions, Tribonex helps them deliver improved performance at competitive prices.

Nevomo

Convertible Note in 2022
Nevomo develops next-generation rail technology that enables hyperloop-inspired transport by combining magnetic levitation, a passive magrail system and autonomous control to upgrade existing railway lines. The magrail concept allows retrofitting conventional rails to support higher speeds—up to 300 kph on standard lines and 415 kph on high-speed corridors—while preserving existing rolling stock. The technology can progress to vacuum-based systems (hyperrail) with potential speeds of 600 kph on normal lines and 1000 kph on high-speed lines, and ultimately to vacuum tube corridors for top speeds around 1200 kph. Capex for retrofitting is estimated at 6-8 million euros per kilometer, substantially lower than new high-speed line builds. Early energy and maintenance advantages arise from reduced mechanical friction and overall system efficiency. Founded in 2017, Nevomo has pursued proofs of concept and demonstrations, and collaborates with partners such as TME Transfer Multisort Electronics and Microsoft, supported by a multinational R&D team and an international advisory board.

ecop Technologies GmbH

Funding Round in 2022
ECOP Technologies GmbH is a high-tech company based in Vienna, Austria, specializing in the development of innovative heat pump technology for industrial heating and cooling applications. Founded in 2007, the company manufactures rotation heat pumps that utilize a novel, multi-patented technology, allowing for energy recovery while minimizing environmental impact and reducing costs. These heat pumps operate efficiently at high temperatures without the need for refrigerants, employing a rotational compression method that enhances overall performance. ECOP has production facilities in Upper Austria and a state-of-the-art development center in Vienna. The company has received multiple accolades for its contributions to environmental technology, including the European Commission's European Environmental Award and the State Prize for Environmental Technology.

CorPower Ocean

Venture Round in 2021
Founded in 2009, CorPower Ocean develops high-efficiency Wave Energy Converters (WECs). Its patented technology features a heaving buoy connected to the seabed via a taut mooring line, enabling a lightweight system with high natural frequency of oscillation. This results in five times higher annual energy output compared to traditional solutions, making it cost-competitive with offshore wind. The company is based in Sweden with additional offices in Portugal, Norway, and the UK.

MAQ AB

Seed Round in 2021
MAQ AB is a Stockholm-based company that specializes in manufacturing and supplying damped machining tools designed to reduce vibrations during machining processes in the metalworking industry. Established in 2017, the company offers a range of products, including turning, milling, and hole-making tools, along with related accessories. MAQ AB distributes its products through a network of distributors in Sweden, Japan, and India, focusing on simplifying machining operations and enhancing efficiency in the industry.

Nabrawind Technologies

Seed Round in 2020
Nabrawind Technologies designs and develops advanced wind technologies for wind turbine components. Its key products include Modular Blade Joint, enabling blade manufacturing in parts for separate transportation and on-site assembly, and self-erected tower technology. The company also offers engineering advisory services.

MAQ AB

Seed Round in 2020
MAQ AB is a Stockholm-based company that specializes in manufacturing and supplying damped machining tools designed to reduce vibrations during machining processes in the metalworking industry. Established in 2017, the company offers a range of products, including turning, milling, and hole-making tools, along with related accessories. MAQ AB distributes its products through a network of distributors in Sweden, Japan, and India, focusing on simplifying machining operations and enhancing efficiency in the industry.

CorPower Ocean

Venture Round in 2020
Founded in 2009, CorPower Ocean develops high-efficiency Wave Energy Converters (WECs). Its patented technology features a heaving buoy connected to the seabed via a taut mooring line, enabling a lightweight system with high natural frequency of oscillation. This results in five times higher annual energy output compared to traditional solutions, making it cost-competitive with offshore wind. The company is based in Sweden with additional offices in Portugal, Norway, and the UK.

Wind My Roof

Seed Round in 2020
Wind My Roof is a company that specializes in developing modular wind turbines specifically designed for flat-roofed buildings. Founded in 2018 and headquartered in Vincennes, Ile-de-France, the company’s innovative turbines are strategically installed along the edges of roofs to harness wind energy, particularly in urban and peri-urban settings. By utilizing this renewable energy source, Wind My Roof enables businesses and communities to decrease their reliance on traditional power consumption, thereby enhancing energy efficiency and improving return on investment.

Cascade Drives

Seed Round in 2020
Founded in 2014, Cascade Drives specializes in manufacturing high-performing, eco-friendly power density solutions. Its core products include CASCADE POWER (electromechanical linear actuator for electric forklifts), CASCADE STEERING (drive-by-wire electrical steering system for heavy-duty vehicles), and CASCADE TORQUE (gearbox used in wind turbines and in-wheel propulsion systems). These solutions serve industries such as mining, material handling, commercial trucks, buses, tow tractors, and airplane tugs.

Nabrawind Technologies

Venture Round in 2019
Nabrawind Technologies designs and develops advanced wind technologies for wind turbine components. Its key products include Modular Blade Joint, enabling blade manufacturing in parts for separate transportation and on-site assembly, and self-erected tower technology. The company also offers engineering advisory services.

ecop Technologies GmbH

ECOP Technologies GmbH is a high-tech company based in Vienna, Austria, specializing in the development of innovative heat pump technology for industrial heating and cooling applications. Founded in 2007, the company manufactures rotation heat pumps that utilize a novel, multi-patented technology, allowing for energy recovery while minimizing environmental impact and reducing costs. These heat pumps operate efficiently at high temperatures without the need for refrigerants, employing a rotational compression method that enhances overall performance. ECOP has production facilities in Upper Austria and a state-of-the-art development center in Vienna. The company has received multiple accolades for its contributions to environmental technology, including the European Commission's European Environmental Award and the State Prize for Environmental Technology.
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