EnBW New Ventures logo

EnBW New Ventures

Europe, Baden-Wurttemberg, Germany, Karlsruhe

Description

EnBW New Ventures is the corporate venture capital arm of EnBW Energie Baden-Württemberg AG, one of Germany's leading energy companies. Established to foster innovation and identify strategic growth opportunities, EnBW New Ventures focuses on startups operating at the intersection of energy, mobility, and urban life. Their investment thesis is deeply rooted in supporting the transition to a sustainable and digital future, aligning closely with EnBW's core business objectives. This strategic alignment allows them to provide not only capital but also access to EnBW's extensive industry expertise, infrastructure, and customer base, creating significant value for their portfolio companies.

The firm primarily targets early-stage companies, participating in Seed, Series A, and Series B funding rounds. They seek out innovative technologies and business models that can disrupt or enhance the energy sector, smart cities, and sustainable mobility solutions. Their investment scope includes areas such as renewable energy technologies, energy efficiency, smart grid solutions, electric vehicle charging infrastructure, and digital platforms for urban services. EnBW New Ventures aims to build long-term partnerships with founders, leveraging their corporate backing to accelerate the growth and market penetration of their portfolio ventures.

EnBW New Ventures typically deploys initial investments ranging from approximately $540,000 to $10.8 million USD. This substantial range allows them to support companies from their nascent stages through significant growth phases. Beyond financial investment, EnBW New Ventures emphasizes strategic collaboration, often facilitating pilot projects, market access, and technical validation within the broader EnBW group. This hands-on approach underscores their commitment to driving both financial returns and strategic synergies that benefit the parent company's long-term vision in the evolving energy landscape.

Investor Profile

EnBW New Ventures has backed more than 35 startups, with 2 new investments in the last 12 months alone. The firm has led 15 rounds, about 43% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Germany, Austria, France.
  • Strong thematic focus on Software, Information Technology, Sensor.
  • Typical check size: $540K – $10.8M.

Stage Focus

  • Series A (40%)
  • Seed (26%)
  • Series Unknown (17%)
  • Series B (14%)
  • Series C (3%)

Country Focus

  • Germany (80%)
  • Austria (9%)
  • France (3%)
  • United Kingdom (3%)
  • Norway (3%)
  • Belgium (3%)

Industry Focus

  • Software
  • Information Technology
  • Sensor
  • Big Data
  • Renewable Energy
  • Transportation
  • Government
  • Govtech
  • Power Grid
  • Manufacturing
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does EnBW New Ventures frequently co-invest with?

Scania Growth Capital
Europe, Vasternorrlands Lan, Sweden, Södertälje
Co-Investments: 3
360 Capital
Europe, Ile-de-France, France, Paris
Co-Investments: 2
Emerald Technology Ventures
Europe, Zurich, Switzerland, Zürich
Co-Investments: 2
HTGF | High-Tech Gruenderfonds
Europe, Nordrhein-Westfalen, Germany, Bonn
Co-Investments: 3
Future Energy Ventures
Europe, Nordrhein-Westfalen, Germany, Essen
Co-Investments: 3
Bayern Kapital
Europe, Bayern, Germany, Landshut
Co-Investments: 4
The Westly Group
North America, California, United States, Menlo Park
Co-Investments: 3
SPDG
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Co-Investments: 3
IBB Ventures
Europe, Berlin, Germany, Berlin
Co-Investments: 4
Statkraft Ventures
Europe, Nordrhein-Westfalen, Germany, Düsseldorf
Co-Investments: 4

Which angels does EnBW New Ventures often collaborate with?

GD
Europe, Berlin, Germany, Berlin
Shared Deals: 1
HH
Europe, Cambridgeshire, United Kingdom, Cambridge
Shared Deals: 1
FH
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1
HL
Europe, Hovedstaden, Denmark, Copenhagen
Shared Deals: 1
TS
Europe, Berlin, Germany, Berlin
Shared Deals: 1
AC
Europe, Nordrhein-Westfalen, Germany, Cologne
Shared Deals: 1
RH
Europe, Redbridge, United Kingdom, Ilford
Shared Deals: 1
BB
Europe, Bayern, Germany, Munich
Shared Deals: 1
JD
Europe, Berlin, Germany, Berlin
Shared Deals: 1

What are some of recent deals done by EnBW New Ventures?

Hololight

Ismaning, Bayern, Germany

Unleashing the potential of XR. Hololight provides XR software and streaming technology for the enterprise market.

Augmented RealityCloud ComputingIndustrialInformation TechnologyMetaverseSoftwareVideo StreamingVirtual RealityWearables
Series UnknownJul 8, 2025
Amount Raised: $11,756,310
Validaitor

Karlsruhe, Baden-Wurttemberg, Germany

Validaitor is a pioneer for Trustworthy Artificial Intelligence (AI), ensuring quality and compliance in AI-driven products and services.

Artificial Intelligence (AI)Professional ServicesQuality Assurance
SeedFeb 4, 2025
vialytics

Stuttgart, Baden-Wurttemberg, Germany

vialytics' mission is to digitize road management in cities, municipalities and counties

Big DataGovernmentGovTechSaaSSoftware
Series UnknownDec 18, 2024
Amount Raised: $8,280,082
enspired

Vienna, Wien, Austria

AI-powered energy trading services for global short-term power markets

BatteryEnergyPower GridRenewable EnergyTrading Platform
Series BMay 14, 2024
Amount Raised: $27,575,438
Cozero

Berlin, Berlin, Germany

Cozero‘s SaaS empowers companies to decarbonize and boost their business performance.

Digital MediaEnterprise SoftwareLogisticsManufacturingPrinting
Series AApr 16, 2024
Amount Raised: $6,903,708
Sunhat

Cologne, Nordrhein-Westfalen, Germany

Sunhat is an automation tool that combines software engineering and sustainability expertise to help supply chain businesses.

Business Information SystemsConsumer SoftwareSoftware
SeedFeb 27, 2024
Amount Raised: $3,252,149
Hololight

Ismaning, Bayern, Germany

Unleashing the potential of XR. Hololight provides XR software and streaming technology for the enterprise market.

Augmented RealityCloud ComputingIndustrialInformation TechnologyMetaverseSoftwareVideo StreamingVirtual RealityWearables
Series BNov 28, 2023
Amount Raised: $12,544,801
volytica diagnostics

Dresden, Sachsen, Germany

Volytica is a provider of battery management solutions for electric vehicles.

AutomotiveBatteryElectric VehicleManufacturing
Series ASep 7, 2023
Amount Raised: $5,884,033
CYCLE

Berlin, Berlin, Germany

CYCLE provides serviced electric vehicles for last-mile delivery companies and couriers.

Electric VehicleTransportation
Series AJul 19, 2023
Amount Raised: $11,541,146
Vivacity Labs

London, England, United Kingdom

Vivacity Labs makes intelligent cameras to gather transport data, using the latest machine learning & computer vision techniques.

Artificial Intelligence (AI)Internet of ThingsMachine LearningSoftware
Series UnknownFeb 16, 2023
Amount Raised: $8,500,000