Innogy Ventures

Innogy Ventures, based in Essen, Germany with additional offices in Berlin and France, is a principal investment firm specializing in venture capital. It invests in early, mid, and growth-stage companies, focusing on digital innovation, transactive technologies, IoT, AI, and future energy solutions. Its investment sectors span across automation, performance monitoring, and various industry-specific software solutions. Innogy Ventures typically invests between €1 million to €5 million in the initial financing round, preferring balance sheet investments. It primarily operates in Europe, Israel, and North America.

Remo Mahler

Analyst

Carlos Nasillo

Investor

11 past transactions

ME SOLshare

Venture Round in 2020
ME SOLshare Ltd. develops peer-to-peer solar electricity trading platforms, enabling off-grid households and businesses to trade excess power for profit. Its key products include SOLbox, a bi-directional DC electricity meter facilitating trading and grid management, and SOLcontrol, a charge controller for solar home systems. The company collaborates with organizations like Micro Energy International, IDCOL, GSMA, and POWER FOR ALL to expand access to affordable, sustainable energy.

Teraki

Series A in 2019
Founded in Berlin in 2014, Teraki develops software solutions that enable high-volume, real-time data processing for connected car applications. Its platform facilitates predictive maintenance, usage-based insurance (UBI), fleet management, and autonomous driving services by optimizing data compression and latency.

ME SOLshare

Series A in 2018
ME SOLshare Ltd. develops peer-to-peer solar electricity trading platforms, enabling off-grid households and businesses to trade excess power for profit. Its key products include SOLbox, a bi-directional DC electricity meter facilitating trading and grid management, and SOLcontrol, a charge controller for solar home systems. The company collaborates with organizations like Micro Energy International, IDCOL, GSMA, and POWER FOR ALL to expand access to affordable, sustainable energy.

AutoGrid

Series D in 2018
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.

Solidified

Seed Round in 2018
Solidified Ltd. is a Boston-based cybersecurity firm that specializes in auditing blockchain smart contracts. Established in 2017, the company has become a leader in the sector, having audited significant blockchain projects and managing over $10 billion in assets under audit. Solidified offers a comprehensive audit platform that ensures the technical quality of contracts, employing a team of highly skilled experts to conduct thorough reviews. In addition to traditional auditing services, Solidified launched a decentralized bug bounty platform in 2018, fostering a collaborative environment for identifying and addressing vulnerabilities. This innovative approach enables businesses to enhance their due diligence and secure their smart contracts effectively.

Agent.ai

Seed Round in 2017
Agent.ai provides artificial intelligence-enhanced customer service software that helps businesses connect in real-time with their customers wherever they are, whenever they’d like and in the communication channels they prefer. Backed by its event-based machine learning and natural language processing engines, Agent.ai enables businesses to deliver data-driven, responsive and personalized support to customers, 24/7/365, while helping agents become more productive.

TechSee

Series A in 2017
Founded in 2015, TechSee specializes in AI-powered visual technology for customer support. Its platform combines deep learning, big data, and proprietary algorithms to deliver interactive visual experiences, enhancing customer service efficiency while reducing costs.

Humada

Series A in 2016
Humada uses a new approach in personal data management and processing that seeks to transform our current digital environment so called the Internet into a human centric system, where personal data is a resource that the individual can access and control.

Planet OS

Venture Round in 2016
Planet OS is a leading data service provider offering unified access to climate and weather data from top global sources. It simplifies data discovery, access, and integration into workflows via a single API, serving industries exposed to elements like energy, agriculture, shipping, and logistics, as well as researchers and government agencies.

KnGrid

Venture Round in 2016
KnGrid is a leader in the electric vehicle sector and smart grid technology, focusing on Vehicle-Grid Integration (VGI) to facilitate the widespread adoption of electric vehicles. The company specializes in providing seamless and convenient EV charging solutions that are compatible with grid requirements. By utilizing the ISO 15118 global interoperability standard, KnGrid enhances the consumer refueling experience while enabling smart charging that integrates with the electricity grid. The company operates the world’s first ISO 15118 Demand Clearinghouse, which allows utilities, transmission operators, and charging site hosts to communicate pricing and grid conditions to networked electric vehicles via a centralized cloud-based platform. Additionally, KnGrid develops clean renewable energy charging stations designed for plug-in vehicles, enhancing accessibility at workplaces and multi-unit residential locations.

Bidgely

Series B in 2015
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.
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