EnBW

EnBW Energie Baden-Württemberg AG is one of Germany's largest energy supply companies, with a significant presence in Europe. Established over a century ago, the company has evolved from providing electricity to playing a vital role in the energy sector, serving approximately 5.5 million customers with electricity, gas, water, and energy-related services. With a workforce of around 21,000 employees, EnBW operates across all stages of the energy supply chain, emphasizing a commitment to sustainability and innovation. The company also invests in startups through its corporate venture capital initiative, supporting the development of new solutions for a sustainable future. EnBW International Finance B.V., a subsidiary based in Amsterdam, focuses on financing activities, issuing various securities to support the parent company's financial strategies.

Peter Berlin

Director Capital Markets

Dirk Braun

Director, Alternative Investments

Jennifer Diedrichs

Investment Manager

Eberhard Haug

CFO

Thomas Kusterer

Chief Financial Officer

Crispin Leick

Managing Director

Frank Mastiaux

Chief Executive Officer

Theo Schulte

Investment Manager

Theodor Schulte

Investment Manager

Marc Umber

Senior Investment Manager

Ingo Peter Voigt

Head of Finance, Merger and Acquisition and Investor Relations

Holger Michael Wagner

Investment Director

Julia Von Wietersheim

Senior Manager, Investor Relations

30 past transactions

CYCLE

Seed Round in 2022
GetHenry provides electric vehicle subscriptions incl. software and service to delivery companies and couriers.

intigriti

Series B in 2022
intigriti NV operares an ethical hacking and bug bounty platform that connects ethical hackers and companies to identify security vulnerabilities. The company’s platform enables businesses to implement continuous security testing for various assets with the help of a custom crowd of security researchers. It works with clients across various verticals, such as small tech start-ups, banks, and airlines in Belgium and internationally. The company was founded in 2016 and is based in Aalst, Belgium.

Ease-Link GmbH

Series A in 2022
Easelink is developing and industrializing a highly efficient and powerful connection system to automate and accelerate electric vehicles'​ charging process and to kill users'​ pain of constantly plugging- in and out. The company industrializes MATRIX CHARGING®, the first automated conductive charging technology that has no moving parts outside of the vehicle. It‘s stationary and it‘s scalable. MATRIX CHARGING® has been developed to foster smart living through outstanding charging technology

enspired

Series A in 2021
enspired is an AI-driven trading house that offers groundbreaking energy trading services on short-term power markets. In our world, there is no room for trading screens and traditional optimisation - we provide energy trading as a service based on data, self-learning models and cutting-edge technology. Our team consists of experienced algorithmic traders, data scientists and technology enthusiasts who firmly believe that the way energy is traded will soon change drastically.

Hololight

Venture Round in 2021
Holo-Light GmbH, founded in 2015, specializes in developing holographic software solutions aimed at enhancing engineering and industrial performance through augmented reality. The company offers a range of products, including Holo-View for CAD visualization, Holo-Art for 3D painting, Holo-Myo for muscle movement recognition, Holo-Control for home automation, and Holo-Expo for customized holographic exhibition design. Headquartered in Westendorf, Austria, with a subsidiary in Ismaning, Germany, Holo-Light has been recognized for its innovative contributions to augmented reality, earning multiple awards in Europe and North America. With a team of over 40 employees, the company is dedicated to redefining engineering practices and providing competitive advantages in the digital transformation landscape.

vialytics

Seed Round in 2021
Vialytics GmbH is a Stuttgart-based company founded in 2017 that specializes in developing an artificial intelligence-based application for assessing road conditions using image data. This application is designed to be installed on smartphones within municipal vehicles, allowing for the effective monitoring of road defects such as cracks and potholes. Vialytics offers a comprehensive system solution for road maintenance management aimed at municipalities, facilitating the collection and analysis of road data. The integrated road monitoring system enhances municipal administrations' ability to manage their road networks efficiently, with predictive features that improve the user experience through advanced data processing.

3YOURMIND

Series A in 2021
3YOURMIND GmbH, founded in 2013 and headquartered in Berlin, Germany, with additional offices in San Francisco and Wroclaw, develops an innovative software platform for industrial 3D printing. The company provides enterprise software that automates additive manufacturing processes, streamlining workflows for various industries. Its product suite encompasses tools for managing the entire additive manufacturing supply chain, from analyzing historical data to optimizing order management and production scheduling. By standardizing workflows and automating associated business processes, 3YOURMIND enables data-driven decision-making and supports agile manufacturing practices. Their solutions, including Agile PLM and Agile ERP, enhance product innovation and order tracking, while Agile MES improves transparency and information flow on the production floor. The company has successfully partnered with notable clients such as GKN, DB Schenker, and EOS, offering expert guidance throughout the additive manufacturing workflow, from concept to execution.

DZ4

Acquisition in 2021
DZ-4 GmbH offers leasing, installation, and operation services of solar power systems and storage systems to household customers. The company was founded in 2011 and is based in Hamburg, Germany.

vialytics

Venture Round in 2020
Vialytics GmbH is a Stuttgart-based company founded in 2017 that specializes in developing an artificial intelligence-based application for assessing road conditions using image data. This application is designed to be installed on smartphones within municipal vehicles, allowing for the effective monitoring of road defects such as cracks and potholes. Vialytics offers a comprehensive system solution for road maintenance management aimed at municipalities, facilitating the collection and analysis of road data. The integrated road monitoring system enhances municipal administrations' ability to manage their road networks efficiently, with predictive features that improve the user experience through advanced data processing.

Ben Fleet Services GmbH

Corporate Round in 2020
Ben Fleet Services GmbH is a company based in Berlin, Germany, founded in 2019, that specializes in providing comprehensive care and maintenance services for various fleet vehicles, including cars, transport vehicles, e-scooters, bicycles, scooters, and trains. The company offers a range of on-site services, such as exterior and interior cleaning, tire servicing, repairs, refueling, relocation, charging, and damage documentation. To streamline operations, Ben Fleet Services operates a mobile application that enables fleet managers and operators to schedule services and monitor vehicle status and maintenance cycles. With a focus on integrating digital solutions into existing systems, Ben Fleet Services aims to enhance the service market for fleet vehicles.

Cleverciti

Series A in 2020
Cleverciti Systems GmbH develops a smart on-street/open air parking system and sensor technology that reduces CO2 emission and searches traffic. It offers Cleverciti SENSORS, which identifies and locates free and occupied parking spaces in real time; Cleverciti APP that leads drivers to available spaces, and reduces search time and traffic; and Cleverciti COCKPIT, a back-office interface that gives users access to monitoring and control features. The company is based in Munich, Germany.
Greenbird Integration Technology AS, a software and solutions company, provides IT advisory services and integration solutions for public and private organizations in Europe. The company offers Metercloud.io that offers ready-to-use big data integration applications and business integration processes for smart metering, smart grid, smart cities and the industrial Internet of Things; and Ghostwriter, a smart meter and smart grid simulation and test platform. It also provides consulting services, such as strategic advisory, enterprise architecture, and solution design and development. It serves utilities, oil and gas, banking and financial services, telco and media, transportation and logistics, and public service sectors. The company was incorporated in 2009 and is based in Oslo, Norway. It has additional offices in Stavanger, Norway and Palo Alto, California.

3YOURMIND

Series A in 2020
3YOURMIND GmbH, founded in 2013 and headquartered in Berlin, Germany, with additional offices in San Francisco and Wroclaw, develops an innovative software platform for industrial 3D printing. The company provides enterprise software that automates additive manufacturing processes, streamlining workflows for various industries. Its product suite encompasses tools for managing the entire additive manufacturing supply chain, from analyzing historical data to optimizing order management and production scheduling. By standardizing workflows and automating associated business processes, 3YOURMIND enables data-driven decision-making and supports agile manufacturing practices. Their solutions, including Agile PLM and Agile ERP, enhance product innovation and order tracking, while Agile MES improves transparency and information flow on the production floor. The company has successfully partnered with notable clients such as GKN, DB Schenker, and EOS, offering expert guidance throughout the additive manufacturing workflow, from concept to execution.

Hololight

Series A in 2019
Holo-Light GmbH, founded in 2015, specializes in developing holographic software solutions aimed at enhancing engineering and industrial performance through augmented reality. The company offers a range of products, including Holo-View for CAD visualization, Holo-Art for 3D painting, Holo-Myo for muscle movement recognition, Holo-Control for home automation, and Holo-Expo for customized holographic exhibition design. Headquartered in Westendorf, Austria, with a subsidiary in Ismaning, Germany, Holo-Light has been recognized for its innovative contributions to augmented reality, earning multiple awards in Europe and North America. With a team of over 40 employees, the company is dedicated to redefining engineering practices and providing competitive advantages in the digital transformation landscape.

vialytics

Venture Round in 2019
Vialytics GmbH is a Stuttgart-based company founded in 2017 that specializes in developing an artificial intelligence-based application for assessing road conditions using image data. This application is designed to be installed on smartphones within municipal vehicles, allowing for the effective monitoring of road defects such as cracks and potholes. Vialytics offers a comprehensive system solution for road maintenance management aimed at municipalities, facilitating the collection and analysis of road data. The integrated road monitoring system enhances municipal administrations' ability to manage their road networks efficiently, with predictive features that improve the user experience through advanced data processing.

Replex

Seed Round in 2019
replex GmbH develops and provides on-premise and SaaS based solutions for the management and optimization of information technology (IT) infrastructures. It offers an IT infrastructure visualization and optimization platform that provides the critical information about physical and virtual machines, docker containers, and public cloud instances in one interface; automatically gathers complete real time information on the entire cloud and physical infrastructure; and uses statistical algorithms to calculate optimization reports for any type of infrastructure. replex GmbH was founded in 2015 and is based in Duisburg, Germany with additional locations in Berlin and Leipzig, Germany; Boston, Massachusetts; and San Francisco, California.

Cleverciti

Series A in 2019
Cleverciti Systems GmbH develops a smart on-street/open air parking system and sensor technology that reduces CO2 emission and searches traffic. It offers Cleverciti SENSORS, which identifies and locates free and occupied parking spaces in real time; Cleverciti APP that leads drivers to available spaces, and reduces search time and traffic; and Cleverciti COCKPIT, a back-office interface that gives users access to monitoring and control features. The company is based in Munich, Germany.

DZ4

Series B in 2019
DZ-4 GmbH offers leasing, installation, and operation services of solar power systems and storage systems to household customers. The company was founded in 2011 and is based in Hamburg, Germany.

SA Valeco-SPE

Acquisition in 2019
SA Valeco-SPE operates as an energy generation company. It owns and operates wind farms. The company was founded in 1988 and is based in Montpellier, France.

gridscale

Series A in 2019
gridscale GmbH is a cloud computing provider based in Bedburg, Germany, specializing in Infrastructure as a Service (IaaS) solutions for both businesses and individual developers. Founded in 2014, the company offers a highly automated platform that allows users to manage cloud servers and customize infrastructure resources according to their specific needs. Their services include virtual cloud servers, storage, network resources, and complementary Platform as a Service (PaaS) components such as load balancers and firewalls. gridscale’s architecture is designed to integrate seamlessly into existing corporate systems, enabling clients to focus on their core business activities without the complexities of managing cloud infrastructure. This approach is particularly valuable in an era of increasing data complexity and volume.

babelforce

Venture Round in 2019
babelforce is a global cloud communications platform focussed on no-code integration and automation. Build and manage any call handling process. Leverage our global telecommunications infrastructure to offer premium call quality. Connect your devices, channels and integrate your core business tools – no coding required.

Lumenaza

Series A in 2018
Lumenaza GmbH develops and operates a software-as-a-services platform for buying and selling renewable electricity. The company was founded in 2013 and is based in Berlin, Germany.

Cleverciti

Series A in 2017
Cleverciti Systems GmbH develops a smart on-street/open air parking system and sensor technology that reduces CO2 emission and searches traffic. It offers Cleverciti SENSORS, which identifies and locates free and occupied parking spaces in real time; Cleverciti APP that leads drivers to available spaces, and reduces search time and traffic; and Cleverciti COCKPIT, a back-office interface that gives users access to monitoring and control features. The company is based in Munich, Germany.

Theva

Series C in 2017
Theva is the market leader in HTS coatings and has been developing flexible coated conductors for electrical power engineering for more than a decade. Thanks to a proprietary, independent technology access and a broad patent portfolio Theva is taking a leading role in coated conductor technology. Theva also develops processes and coatings in the physical coating technology, e.g. for fuel cells, photovoltaic, and sensors.The equipment manufacturing unit is based on a team of highly experienced professionals. Theva is designing specialized equipment and components for physical coating and is leading in the quality control of superconductor coatings. Theva‘s instruments are setting standards in HTS quality assurance worldwide.

Replex

Seed Round in 2017
replex GmbH develops and provides on-premise and SaaS based solutions for the management and optimization of information technology (IT) infrastructures. It offers an IT infrastructure visualization and optimization platform that provides the critical information about physical and virtual machines, docker containers, and public cloud instances in one interface; automatically gathers complete real time information on the entire cloud and physical infrastructure; and uses statistical algorithms to calculate optimization reports for any type of infrastructure. replex GmbH was founded in 2015 and is based in Duisburg, Germany with additional locations in Berlin and Leipzig, Germany; Boston, Massachusetts; and San Francisco, California.

Hubject

Funding Round in 2016
Hubject, founded in 2012, offers an "eRoaming" platform which aims to connect up EV charging stations and unify overall charging infrastructure for better mapping and easier payment solutions.

Connected Wind Services

Acquisition in 2016
Connected Wind Services is a privately held company that provides maintenance services for wind turbine owners.

Carbon Trust

Venture Round in 2016
Our mission is to accelerate the delivery of a sustainable, low carbon economy by helping businesses, governments and organisations across the globe to reduce carbon emissions and increase resource efficiency. We have a global team of more than 200 sustainability experts, including engineers, financiers and policy specialists, and almost two decades of experience in the climate change sector. We reinvest surpluses from group commercial activities into our mission.

Lumenaza

Seed Round in 2016
Lumenaza GmbH develops and operates a software-as-a-services platform for buying and selling renewable electricity. The company was founded in 2013 and is based in Berlin, Germany.

DZ4

Seed Round in 2015
DZ-4 GmbH offers leasing, installation, and operation services of solar power systems and storage systems to household customers. The company was founded in 2011 and is based in Hamburg, Germany.