Power to Hydrogen
Series A in 2024
Power to Hydrogen (P2H2) focuses on advancing hydrogen production through its innovative anion exchange membrane (AEM) electrolyzers. The company’s technology leverages low-cost materials to generate high-pressure, high-efficiency hydrogen directly from renewable energy sources, addressing both technical and economic challenges in the hydrogen sector. By enabling the production of clean hydrogen at a targeted cost of $1 per kilogram, P2H2 aims to facilitate clean transportation, enhance energy storage, and support the decarbonization of industrial processes. Additionally, the technology can produce high-pressure oxygen and has the capability to operate reversibly to generate electricity, thereby creating multiple revenue streams and contributing to a sustainable energy ecosystem.
Naked Energy
Series B in 2024
Naked Energy specializes in innovative hybrid solar technology that generates both electricity and heat for commercial and residential applications. Founded in 2009, the company is headquartered in Crawley, United Kingdom.
Tree Energy Solutions
Series C in 2024
Tree Energy Solutions specializes in producing green hydrogen through solar panels and wind turbines, operating primarily in regions with abundant sunlight and wind resources.
Virta
Private Equity Round in 2023
Virta is a company that specializes in managing electric vehicle charging services on various scales, providing a comprehensive solution for both charging networks and businesses. Its offerings encompass the entire value chain, connecting electric vehicle drivers, charging points, and the energy system to facilitate seamless charging experiences. By utilizing a user-friendly mobile application or tag, clients can easily identify and access charging stations. Virta aims to enhance the adoption of electric mobility by delivering high-quality charging services that meet the needs of users while also helping real estate and other businesses differentiate themselves in the market.
Orcan Energy
Private Equity Round in 2022
Founded in 2008 as a spin-out from the Technical University of Munich, Orcan Energy specializes in waste heat recovery technology. The company develops, manufactures, and sells energy solutions based on Organic Rankine Cycle (ORC) technology, converting waste heat into electricity for industrial, marine, automotive, power generation, and biogas markets.
Tree Energy Solutions
Series B in 2022
Tree Energy Solutions specializes in producing green hydrogen through solar panels and wind turbines, operating primarily in regions with abundant sunlight and wind resources.
envelio
Acquisition in 2021
envelio GmbH, founded in 2017 and based in Cologne, Germany, specializes in developing software solutions for the planning and operation of energy networks. The company offers the Intelligent Grid Platform (IGP), a modular software system designed to assist distribution grid operators in digitizing and automating their processes. This platform integrates algorithms based on artificial intelligence and mathematical optimization to facilitate the management of distribution grids, allowing for the seamless incorporation of numerous distributed energy resources and smart meter data. Key features of the IGP include applications for data quality management, automated grid planning, and operational support for congestion management in response to potential grid bottlenecks. By enabling grid operators to optimize their operations, envelio plays a crucial role in advancing the energy transition and enhancing grid sustainability and flexibility.
gridX develops an energy platform that connects distributed generation, storage, and consumption to optimize energy flows and form a decentralised, vendor-neutral virtual power plant. The platform enables intelligent control of generation assets and household energy flows, with integration of smart home solutions, and serves as a digital provider for decentralized energy. Founded in 2016 and based in Aachen, Germany, gridX aims to make renewable energies accessible and affordable while helping users reduce electricity costs and enable the energy transition. By linking millions of small producers and consumers on its platform, gridX creates transparency, efficiency, and resilience in energy systems while supporting scalable, local energy management.
HoloBuilder
Corporate Round in 2019
HoloBuilder provides an AI-driven software solution for construction site progress documentation. Its platform enables users to capture, communicate, and control project progress using 360° photos, improving processes and helping stay on schedule and within budget.
Coromatic Group
Acquisition in 2019
Coromatic Group provides critical infrastructure solutions that safeguard continuous power supply and data communications. The company designs, builds, and operates energy-efficient facilities, including data centers and other mission-critical buildings, primarily in Scandinavia with projects across Europe, Africa, and Asia. Its services include data center analysis and infrastructure management, consultancy, energy management, IT relocation, thermography, monitoring, energy efficiency, and security. It supplies power and cooling systems, network and data communications, and security technologies to organizations across industries, helping safeguard business continuity and operational reliability. The company serves a wide range of customers, including many large Nordic corporations, and maintains offices in Sweden, Norway, Denmark, and Finland. Coromatic Group was founded in 2000 and is headquartered in Bromma, Sweden.
T-Rex Group, Inc., established in 2012, is a technology company specializing in enterprise Software-as-a-Service (SaaS) solutions. Based in New York, with offices in San Francisco and Tel Aviv, the company develops platforms tailored to the finance, renewables, and technology sectors. Its flagship product, T-REX Analytics, is an advanced SaaS analytics platform designed to analyze and manage solar asset acquisitions and sales, structure renewable energy-backed deals, and portfolio management. The platform enables solar developers and asset managers to stress test production and credit risk parameters, model customized debt tranches, and value securitization transactions. By digitizing and standardizing data, and automating workflows, T-Rex aims to facilitate capital flow into complex assets, fostering innovation in the renewable energy sector.
Sight Machine
Series C in 2019
Sight Machine is a manufacturing analytics company that provides a data platform and AI-driven analytics for discrete and process manufacturing. The platform enables real-time visibility and actionable insights for every machine, line, and plant through a Plant Digital Twin and supports multi-factory IoT data ingestion via edge and cloud components, along with a Manufacturing Data Platform and vertical solutions for industries such as paper, packaging, and chemicals. It integrates data from historians, RDBMS, MES, ERP, inspection and quality equipment, PLC endpoints, and spreadsheets. Serving Global 500 manufacturers across aerospace, automotive, consumer goods, electronics, food and beverage, industrials, oil and gas, medical devices, and pharmaceuticals, Sight Machine was founded in 2011 and is headquartered in San Francisco with offices in Ann Arbor, Tokyo, and Taichung. The company uses AI and machine learning to continuously analyze assets, data sources, and processes from machine to enterprise to improve profitability, productivity, and sustainability.
Vinli, Inc. is an automotive technology company based in Dallas, Texas, specializing in connected car solutions and data intelligence. Founded in 2014, Vinli develops a comprehensive platform that offers mobility applications and services tailored for the automotive industry. The company provides a connected car device that delivers 4G LTE Internet access and supports various smart car applications. Its Vinli-branded OBD-II device enables users to access mobile applications, third-party services, and real-time data insights. Additionally, Vinli offers Carport, a cloud-based dashboard that connects drivers to their surroundings, and collaborates with telecom carriers to facilitate automotive connectivity. By analyzing behavioral, diagnostic, and contextual data, Vinli creates customized mobility solutions that enhance the automotive experience and foster monetization opportunities for its partners. The company has established strategic partnerships with industry leaders, positioning itself as a significant player in the connected vehicle ecosystem.
Virta Helsinki is a full-service media agency. Virta is a real growth company and will build clients communication and media strategy, and execute optimize and follow activities through multiple channels, both owned and bought.
tado° GmbH is a technology company based in Munich, Germany, with an additional office in London, United Kingdom. Founded in 2010, it specializes in developing and marketing innovative home climate control systems that enhance the efficiency of heating and cooling in residential and small business environments. The company's products integrate a hardware-software combination that leverages real-time data on resident behavior, weather forecasts, and building characteristics to optimize climate management. tado° sells its solutions through both retail outlets and online platforms, effectively bringing Internet of Things technology to the cleantech market.
AutoGrid Systems is a technology company focused on optimizing energy management through advanced data analytics. Founded in 2011 at Stanford University, AutoGrid develops a suite of flexibility management applications that help utilities, electricity retailers, renewable energy developers, and energy service providers manage distributed energy resources (DERs) in real time. By leveraging vast amounts of smart meter, sensor, and third-party data, the company's applications utilize sophisticated algorithms to monitor, predict, optimize, and control the operations of numerous assets connected to global energy networks. With a team of skilled software architects, engineers, data scientists, and energy experts, AutoGrid aims to address critical energy challenges by integrating and maximizing the potential of the energy internet, ensuring the delivery of clean, affordable, and reliable energy.
Lumenaza GmbH is a Berlin-based company founded in 2013 that specializes in developing and operating a software-as-a-service platform for the buying and selling of renewable electricity. The company's platform connects producers and consumers of green distributed energy, utilizing sophisticated algorithms to ensure a secure and balanced supply of renewable electricity within regional communities. Lumenaza's software, available since early 2014, supports the management of renewable power plants, balancing groups, and provides real-time energy management data to market participants. The company has collaborated with municipal utilities, energy cooperatives, and project developers to create regional electricity products. In 2016, Lumenaza expanded its offerings to include a modular and highly automated "utility in a box" solution, which encompasses all services typical of an energy service provider.
Bidgely is a technology company that provides disaggregation-powered utility analytics and customer engagement solutions. Its cloud-based HomeBeat platform disaggregates household energy consumption to the appliance level, enabling utilities to understand usage patterns and tailor energy programs. The UtilityAI Platform delivers customer energy insights based on actual energy habits, supporting energy efficiency initiatives and consumer engagement for utilities serving residential customers worldwide. Bidgely uses machine learning to monitor energy data and identify appliance-level usage, helping utilities manage peak demand and reimagine customer engagement. The company serves utilities globally and is headquartered in Mountain View, California, with an office in Bengaluru, India.
b.ventus
Corporate Round in 2017
b.ventus GmbH is a company based in Düsseldorf, Germany, specializing in the installation of wind turbines and the supply of wind energy. The firm focuses on promoting renewable energy solutions, contributing to the growing demand for sustainable power sources in the region. By leveraging advancements in wind technology, b.ventus aims to enhance energy efficiency and support the transition towards greener energy alternatives in Germany.
greenXmoney
Seed Round in 2017
greenXmoney is a trading platform based in Neu-Ulm, Germany.
green X money is the trading platform for green energy revenues. With your purchase of income from z. As solar and wind turbines promote the projects of the future and thus the green change. Just act green and profitable!
T-Rex Group, Inc., established in 2012, is a technology company specializing in enterprise Software-as-a-Service (SaaS) solutions. Based in New York, with offices in San Francisco and Tel Aviv, the company develops platforms tailored to the finance, renewables, and technology sectors. Its flagship product, T-REX Analytics, is an advanced SaaS analytics platform designed to analyze and manage solar asset acquisitions and sales, structure renewable energy-backed deals, and portfolio management. The platform enables solar developers and asset managers to stress test production and credit risk parameters, model customized debt tranches, and value securitization transactions. By digitizing and standardizing data, and automating workflows, T-Rex aims to facilitate capital flow into complex assets, fostering innovation in the renewable energy sector.
Kite Power Systems
Venture Round in 2016
Kite Power Systems, founded in 2011 in Burnham-on-Crouch, Essex, UK, is focused on developing innovative technology to harness wind energy through a twin-kite system. This system is designed to be reliable and efficient, aiming to deliver clean, low-cost energy at a utility scale while utilizing 85 percent less material than traditional wind turbines. The company's approach allows for deployment in areas where conventional wind energy solutions may not be viable, thereby broadening access to renewable energy sources. Kite Power Systems has been engaged in continuous testing and development of its technology and has received support from the UK Department of Energy and Climate Change Energy Entrepreneurs Fund, as well as various private sector investors. The company’s mission is to reduce dependency on fossil fuels and mitigate climate change by providing an economical alternative to existing wind energy solutions.
Thermondo
Series C in 2016
Thermondo GmbH, established in 2013 and headquartered in Berlin, Germany, is an online platform that facilitates the comparison and purchase of home heating systems. The company also provides installation services for these systems. Thermondo's mission is to promote the energy transition by offering innovative, energy-efficient heating solutions directly to consumers. It has become the largest installer of heating systems in Germany, leveraging digital process excellence and quality management to deliver superior products and an exceptional customer experience.
AutoGrid Systems is a technology company focused on optimizing energy management through advanced data analytics. Founded in 2011 at Stanford University, AutoGrid develops a suite of flexibility management applications that help utilities, electricity retailers, renewable energy developers, and energy service providers manage distributed energy resources (DERs) in real time. By leveraging vast amounts of smart meter, sensor, and third-party data, the company's applications utilize sophisticated algorithms to monitor, predict, optimize, and control the operations of numerous assets connected to global energy networks. With a team of skilled software architects, engineers, data scientists, and energy experts, AutoGrid aims to address critical energy challenges by integrating and maximizing the potential of the energy internet, ensuring the delivery of clean, affordable, and reliable energy.
DeviceRadio AB is a Swedish company based in Malmö, founded in 2016, that focuses on creating a communication layer designed to facilitate data transfer across various devices and connectivity methods in the Internet of Things (IoT) sector. The company's innovative solution allows seamless communication between devices using different technologies, including Bluetooth, broadband cellular networks, WiFi, and SMS. By addressing the complexity and fragmentation in the IoT landscape, DeviceRadio aims to provide a unified infrastructure that enables developers to integrate and utilize IoT capabilities more effectively. This approach not only enhances operational efficiency but also supports the development of diverse applications, such as improving emergency response times and agricultural productivity, thereby contributing to a more connected and efficient future.
Greenwave Systems
Series C in 2016
Founded in 2008, Greenwave Systems is a software and services company that specializes in Internet of Things technologies. It offers managed services through its end-to-end solution, Greenwave360°, which accelerates time to market, reduces operating expenses, and enhances service levels and customer loyalty.
Bidgely is a technology company that provides disaggregation-powered utility analytics and customer engagement solutions. Its cloud-based HomeBeat platform disaggregates household energy consumption to the appliance level, enabling utilities to understand usage patterns and tailor energy programs. The UtilityAI Platform delivers customer energy insights based on actual energy habits, supporting energy efficiency initiatives and consumer engagement for utilities serving residential customers worldwide. Bidgely uses machine learning to monitor energy data and identify appliance-level usage, helping utilities manage peak demand and reimagine customer engagement. The company serves utilities globally and is headquartered in Mountain View, California, with an office in Bengaluru, India.
Thermondo
Series B in 2015
Thermondo GmbH, established in 2013 and headquartered in Berlin, Germany, is an online platform that facilitates the comparison and purchase of home heating systems. The company also provides installation services for these systems. Thermondo's mission is to promote the energy transition by offering innovative, energy-efficient heating solutions directly to consumers. It has become the largest installer of heating systems in Germany, leveraging digital process excellence and quality management to deliver superior products and an exceptional customer experience.
SpaceTime Insight
Funding Round in 2015
SpaceTime Insight is a developer of advanced analytics and Industrial Internet of Things (IIoT) applications tailored for asset-intensive industries. The company provides innovative software solutions that enable clients to enhance capital efficiency, reduce costs and risks, and improve operational performance. Its platform utilizes machine learning models and advanced analytics to accurately predict asset health and optimize related operations, allowing businesses to foresee potential asset failures and automate real-time optimizations. SpaceTime Insight's offerings cater to a wide range of sectors, including utilities, shipping, manufacturing, and energy, helping organizations understand their operations in real-time and generate greater returns with lower risks and costs.
Thermondo
Series A in 2014
Thermondo GmbH, established in 2013 and headquartered in Berlin, Germany, is an online platform that facilitates the comparison and purchase of home heating systems. The company also provides installation services for these systems. Thermondo's mission is to promote the energy transition by offering innovative, energy-efficient heating solutions directly to consumers. It has become the largest installer of heating systems in Germany, leveraging digital process excellence and quality management to deliver superior products and an exceptional customer experience.
Leeo, Inc. is a Palo Alto, California-based company that develops innovative home products and services aimed at enhancing safety and comfort for homeowners and renters. Founded in 2013, Leeo creates smart home-monitoring devices, including the Smart Alert, a plug-in safety device that alerts users via smartphone when smoke or carbon monoxide alarms are triggered. In addition to monitoring for hazardous conditions, Leeo's products also track temperature and humidity levels within the home. The company focuses on integrating advanced technology with elegant design, making connected home products that are not only functional but also aesthetically pleasing. Leeo's offerings are available through various retail locations across the United States.
A solar panel that tracks the sun throughout the day produces up to 30% more electricity than one that does not. Solar project developers install single-axis tracking for most utility-scale sites, balancing upfront costs versus electricity revenues to maximize rates of return. QBotix disrupts today's cost curve of fixed-tilt, single-axis tracking, and dual-axis tracking with an innovative tracking solution that offers dual-axis tracking at single-axis price. This reduces the levelized cost of energy by 10-20% while providing the added benefit of higher reliability and system intelligence.
AutoGrid Systems is a technology company focused on optimizing energy management through advanced data analytics. Founded in 2011 at Stanford University, AutoGrid develops a suite of flexibility management applications that help utilities, electricity retailers, renewable energy developers, and energy service providers manage distributed energy resources (DERs) in real time. By leveraging vast amounts of smart meter, sensor, and third-party data, the company's applications utilize sophisticated algorithms to monitor, predict, optimize, and control the operations of numerous assets connected to global energy networks. With a team of skilled software architects, engineers, data scientists, and energy experts, AutoGrid aims to address critical energy challenges by integrating and maximizing the potential of the energy internet, ensuring the delivery of clean, affordable, and reliable energy.
FirstFuel Software
Series B in 2013
FirstFuel Software, Inc. is a cloud-based customer engagement platform serving the energy sector, primarily in North America and Europe. Founded in 2009 and headquartered in Lexington, Massachusetts, with additional offices in Reading, United Kingdom, and San Francisco, California, the company specializes in customer intelligence solutions for regulated utilities, energy providers, and government agencies. FirstFuel's platform utilizes advanced analytics to transform utility meter data into actionable insights, allowing clients to enhance customer engagement, optimize energy efficiency programs, and drive customer satisfaction. By providing tailored performance benchmarks and recommendations, FirstFuel enables energy providers to effectively target and assist their commercial customers, thereby improving service outcomes and reducing operational costs. The company operates as a subsidiary of Tendril Networks, Inc. since 2019.
Orcan Energy
Series B in 2013
Founded in 2008 as a spin-out from the Technical University of Munich, Orcan Energy specializes in waste heat recovery technology. The company develops, manufactures, and sells energy solutions based on Organic Rankine Cycle (ORC) technology, converting waste heat into electricity for industrial, marine, automotive, power generation, and biogas markets.
Bloom Energy
Series G in 2013
Bloom Energy designs, manufactures, and sells solid-oxide fuel cell systems for on-site power generation. Its core product, Bloom Energy Server, converts natural gas or biogas into electricity through an electrochemical process without combustion. Serving diverse industries such as technology, finance, healthcare, and government sectors, Bloom Energy operates primarily in the United States, Asia, and other regions.
E.ON Ruhrgas AG
Acquisition in 2003
E.ON Ruhrgas AG is engaged in the procurement and production of gas in Germany and internationally.
Eon UK
Acquisition in 2002
Eon UK PLC is a leading utility service provider in the UK, supplying energy to residential and commercial customers. As part of E.ON, one of the world's largest investor-owned power and gas companies, Eon UK PLC operates facilities across Europe, Russia, and North America. With a workforce of over 72,000 employees, the company is dedicated to providing reliable energy solutions to meet the needs of its customers in the UK market.
Vivant is a digital media and technology platform that focuses on fashion and lifestyle content, offering users trend reports, shopping guides, and news related to celebrity styles. Founded in 2008 by a team that includes Ari S. Goldberg and Maverick Carter, the platform serves as a space for women to express their individual style and connects them with brands to enhance advertising effectiveness. By fostering engagement among users who prioritize their appearance and well-being, Vivant aims to create a supportive community that celebrates personal style.