ENGIE New Ventures

ENGIE New Ventures (ENV) serves as the corporate venture capital arm of ENGIE, a global leader in low-carbon energy and services. Established in 2014, ENV plays a crucial role in accelerating the energy transition by investing in innovative startups worldwide. Based in Paris, France, ENV strategically partners with companies developing disruptive technologies and business models that align with ENGIE's commitment to decarbonization, decentralization, and digitalization of energy systems. Its mission is to identify, invest in, and support promising ventures that can contribute to a more sustainable energy future, leveraging ENGIE's extensive industrial expertise and global reach.

ENV's investment thesis centers on technologies that drive the energy transition across various sectors. Key areas of interest include renewable energy generation, energy efficiency solutions, smart grids, green hydrogen production and applications, sustainable mobility, and digital platforms that optimize energy consumption and management. The firm typically targets early to growth-stage companies, participating in Series A, B, and C funding rounds. ENV seeks to build long-term relationships with its portfolio companies, offering not only capital but also strategic guidance, market access, and opportunities for commercial collaboration with ENGIE's business units. This collaborative approach helps startups scale their solutions and integrate them into broader energy ecosystems.

Since its inception, ENGIE New Ventures has made a significant impact, having invested in over 40 innovative startups across various geographies. The firm manages a dedicated fund of €180 million, demonstrating its substantial commitment to fostering innovation in the energy sector. Typical initial investments range from approximately $1 million to $10 million, allowing ENV to support a diverse portfolio of companies from their early commercialization phases through to significant growth. By providing both financial backing and strategic partnership, ENV aims to accelerate the development and deployment of technologies critical for a sustainable and low-carbon energy future, reinforcing ENGIE's position at the forefront of the global energy transition.