RWE

RWE AG is a prominent energy company based in Germany, with a strong focus on power generation and renewable energy. The company has been supplying electricity for over 120 years, ensuring reliable access to clean, secure, and affordable power. RWE operates a diverse energy portfolio with a total generation capacity of approximately 38 gigawatts, sourced from a mix of lignite and hard coal, gas, and renewable energy, which includes onshore wind, solar, and battery storage. This positions RWE as a significant player in the energy sector, particularly in Europe, where it has shifted its focus following a strategic deal with E.On. In the United States, RWE Renewables Americas stands out as the fourth-largest renewable energy company, boasting an installed capacity of around 8 gigawatts across all 50 states. The company's commitment to renewable energy and its extensive operational footprint underscore its role in the transition toward sustainable energy solutions.

Nikolaus Valerius

CEO

12 past transactions

BitOoda

Series A in 2023
BitOoda is a digital asset advisory firm that specializes in providing brokerage services for clients engaged in over-the-counter trades of cryptocurrencies like Bitcoin and Ethereum. The firm offers a range of services, including execution, market analysis, and structured products, as well as financial investment brokerage. BitOoda also provides financial analysis, research, and consultancy services, along with commodity brokerage and cryptocurrency exchange services. Through its high-touch approach, BitOoda aims to assist clients in navigating the complexities of the digital asset market.

Con Edison Clean Energy Businesses

Acquisition in 2022
Con Edison Clean Energy Businesses is dedicated to developing and managing renewable energy and energy infrastructure assets with the goal of fostering a more sustainable future. The company offers a variety of energy-related products and services to both wholesale and retail customers, including renewable energy solutions, sustainability services, cost-effective energy efficiency measures, demand response programs, and energy performance contracting. Additionally, Con Edison Clean Energy Businesses specializes in solar energy generation for commercial, industrial, federal, and residential sectors, providing comprehensive solutions such as the development and construction of utility-scale renewable energy assets, power marketing, asset management, customized energy management, battery storage, resiliency services, and a range of sustainability initiatives.

BigchainDB

Series A in 2016
BigchainDB is a developer of a blockchain database software that offers decentralization, immutability, and native asset capabilities. The platform enables the automation of business processes across various industries, including identity management, intellectual property, supply chain logistics, energy, the Internet of Things (IoT), and financial ecosystems. By providing unique solutions tailored for developers, startups, and enterprises, BigchainDB supports the creation and deployment of large-scale applications, allowing users to effectively build their concepts and platforms. The company's focus on facilitating the registration and transfer of assets enhances its value proposition in the rapidly evolving digital landscape.

The Carbon Trust

Venture Round in 2016
Carbon Trust, founded in 2001 and based in London, is dedicated to fostering a sustainable, low-carbon economy by assisting businesses, governments, and organizations worldwide in reducing carbon emissions and enhancing resource efficiency. With a team of over 200 experts in sustainability, including engineers and policy specialists, Carbon Trust leverages nearly two decades of experience in the climate change sector. The organization collaborates with various stakeholders to provide strategic direction, carbon reduction plans, and energy systems solutions. Its focus areas include corporate sustainability, green finance, and future energy systems, with particular emphasis on offshore wind and net-zero initiatives. Additionally, Carbon Trust supports cities, states, and regions in addressing the climate emergency, reinforcing its commitment to a sustainable future. Surpluses from its commercial activities are reinvested into these initiatives, ensuring a continuous drive towards its mission.

Greenergetic

Venture Round in 2016
Greenergetic GmbH, founded in 2013 and based in Bielefeld, Germany, specializes in the sale of photovoltaic cells and systems to consumers through an online platform. As a subsidiary of innogy SE, the company provides comprehensive online tools that facilitate the configuration of photovoltaic systems for residential use. Greenergetic offers a white-label online portal, enabling energy providers to present energy-efficient products, including photovoltaic systems, energy storage solutions, heating options, and smart home technologies, to their customers. The company aims to simplify and enhance access to the renewable energy market for individuals and businesses alike.

Stem

Series C in 2016
Stem brings and optimizes energy consumption to business through its distributed storage technology. Since 2009, Stem has been analyzing how various types of businesses use electricity and how they are charged for it. The company uses this information to design a solution that protects companies from unnecessarily high electricity costs without requiring any changes to the way they run their businesses. Stem combines big data, predictive analytics, and energy storage to reduce electric costs for businesses and in aggregate, deliver services to the grid.

Bidgely

Series B in 2015
Bidgely, Inc. is a technology company based in Mountain View, California, with an additional office in Bengaluru, India. Founded in 2011, Bidgely specializes in disaggregation-powered utility solutions, enabling utilities to provide detailed appliance-level energy consumption data through its innovative HomeBeat software. Its UtilityAI Platform leverages machine learning algorithms to analyze customer energy habits, delivering actionable insights that enhance energy efficiency and consumer engagement. By itemizing energy usage data without the need for plug-level monitors, Bidgely aims to transform how utilities interact with residential customers, helping them manage energy consumption and peak demand more effectively. The company serves a global market, working with utilities to promote energy savings and improve customer retention.

Vitronet

Venture Round in 2011
Vitronet Group, based in Essen, Germany, is a manufacturer of glass fiber infrastructure products focused on the expansion of broadband networks. The company provides a comprehensive range of services, including project management consultancy, maintenance, and servicing, to energy suppliers, network providers, industrial firms, and public clients. With a workforce of 130 employees, Vitronet maintains and services over 10,000 kilometers of glass fiber cables, including projects for notable clients such as those in the RWE Deutschland Group. Its expertise encompasses turnkey Fiber to the Home (FTTH) solutions and the development of fiber optic infrastructure, facilitating the growth of wireless and landline networks in the telecommunications and energy sectors across Germany.

Mantex

Venture Round in 2011
Mantex AB manufactures and sells industrial X-ray scanners, primarily serving the bioenergy, pulp and paper, and research sectors both in Sweden and internationally. Established in 1987 and based in Kista, Sweden, the company specializes in biofuel analyzers that evaluate the quality of wood-based biofuels, as well as flow scanners designed to assess wood chips for pulp and paper production. Mantex's innovative technology enables real-time analysis of organic materials used in various industrial processes, helping to identify foreign objects and measure material properties effectively. This capability is particularly important in addressing the challenges posed by variations in the water content of raw materials, which can impact the purchasing and processing of organic matter in large quantities.

Heliatek

Series B in 2009
Heliatek GmbH, based in Dresden, Germany, specializes in the development and production of organic solar films and photovoltaic cells. Its flagship product, HeliaSol, is an organic photovoltaics (OPV) solution that can be applied to various surfaces, making it suitable for building retrofitting, automotive applications, and other innovative projects. Heliatek caters to the building and construction material sector, as well as automotive manufacturers, offering tailored products like HeliaFilm for integration into façade and roofing systems. The company is recognized as a leader in organic photovoltaics, leveraging its ultra-light and flexible technology to provide sustainable energy solutions. Established in 2006, Heliatek has formed strategic partnerships with companies such as AGC Glass Europe and Reckli China, and it employs around 160 people across its facilities in Germany. The research and development of its technologies have received support from the Free State of Saxony, the Federal Republic of Germany, and the European Union.

Renew Financial

Series A in 2009
Renew Financial specializes in providing innovative financing solutions that support efficiency and renewable energy initiatives. Founded in 2008 by Cisco DeVries, the company focuses on developing financing models that promote energy independence and facilitate the transition to a clean energy economy. Its key offerings include the PACE financing model and the Warehouse for Energy Efficiency Loans, which enable access to capital for residential energy efficiency projects. These financing options are designed to assist homeowners, contractors, and local governments in funding energy efficiency, renewable energy, and water efficiency improvements, with repayments often structured through property taxes. By connecting these stakeholders, Renew Financial aims to reduce energy consumption and contribute to job creation in local communities.
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