EnBW New Ventures GmbH

Overview

EnBW New Ventures GmbH is the corporate venture capital arm of EnBW, focusing on investments in European startups that contribute to the digitalization and sustainability of infrastructure. With an evergreen fund of €100 million, they act as lead or co-investors in Series A and later funding rounds, typically investing between €1 million and €10 million per startup. Their investment strategy is aligned with EnBW's mission to drive the energy and mobility transition by supporting innovative solutions in renewable energy, battery technologies, electrification of transport, power grid enhancements, and enterprise software solutions. The firm seeks founders and startup teams with diverse backgrounds and strong execution capabilities. They prefer to lead investment rounds and take board seats but are also open to co-investing in the right consortium. EnBW New Ventures GmbH has invested in 22 startups and realized 7 exits, demonstrating a commitment to fostering growth and innovation in the energy sector. Their portfolio includes companies like Holo-Light, Easelink, gridscale, enspired, and Intigriti, among others. As a single-LP venture capital firm, EnBW New Ventures GmbH operates with strong connections to its corporate backer, EnBW Group. This structure allows them to reinvest profits and maintain a focus on the success of their portfolio companies, balancing financial returns with strategic alignment to EnBW's objectives in the sustainable energy and mobility transformation.

Investment Focus

• Startups headquartered in Europe
• Focus on digital and sustainable infrastructure solutions
• Investment stage: Series A+

Portfolio Companies