
EnBW New Ventures
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
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.