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Inven Capital

Europe, Hlavni mesto Praha, Czech Republic, Prague

Description

Inven Capital is a prominent venture capital fund based in Prague, Czech Republic, dedicated to investing in the European new energy sector. Established by CEZ Group, a major European energy company, Inven Capital leverages its strategic backing to identify and support innovative cleantech and energy transition companies. The firm's investment thesis centers on fostering the development of technologies that contribute to a sustainable and decentralized energy future, including areas such as renewable energy, energy efficiency, smart grids, e-mobility, and distributed generation.

The fund primarily targets growth-stage companies that have demonstrated proven business models and possess significant potential for scaling. Inven Capital typically looks for companies with strong management teams, disruptive technologies, and clear market traction. While its core geographic focus is Europe, the firm also actively explores opportunities in Israel and North America, seeking to build a diversified portfolio of leading cleantech innovators. Their approach often involves taking minority stakes and actively supporting portfolio companies through strategic guidance and access to CEZ Group's extensive industry network.

Inven Capital manages a substantial capital base, with over €500 million under management, making it one of the largest cleantech venture capital funds in Europe. This significant financial capacity allows them to make impactful investments. Their typical initial investment size ranges from €5 million to €30 million per company, with the flexibility for follow-on investments as companies grow. For instance, they successfully closed their second fund at €240 million, contributing to their robust total capital. The firm has built a diverse portfolio of over 20 companies, demonstrating their commitment to driving innovation and accelerating the energy transition across various segments of the new energy landscape.

Investor Profile

Inven Capital has backed more than 32 startups, with 2 new investments in the last 12 months alone. The firm has led 18 rounds, about 56% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series C, Series A rounds (top funding stages).
  • Majority of deals are located in Germany, Czech Republic, United Kingdom.
  • Strong thematic focus on Renewable Energy, Energy, Solar.
  • Led 1 rounds in the past year.
  • Typical check size: $5M – $30M.

Stage Focus

  • Series B (25%)
  • Series C (22%)
  • Series A (22%)
  • Series Unknown (9%)
  • Series D (6%)
  • Series E (6%)
  • Series F (3%)
  • Convertible Note (3%)
  • Undisclosed (3%)

Country Focus

  • Germany (47%)
  • Czech Republic (16%)
  • United Kingdom (9%)
  • France (9%)
  • United States (6%)
  • Israel (6%)
  • Sweden (3%)
  • Austria (3%)

Industry Focus

  • Renewable Energy
  • Energy
  • Solar
  • Software
  • Clean Energy
  • Energy Efficiency
  • Analytics
  • Artificial Intelligence (Ai)
  • Saas
  • Apps
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FAQ

Frequently Asked Questions

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

Who does Inven Capital frequently co-invest with?

TotalEnergies Ventures
Europe, Ile-de-France, France, La Défense
Co-Investments: 4
European Investment Bank
Europe, Luxembourg, Luxembourg, Luxembourg
Co-Investments: 2
ETF Partners
Europe, England, United Kingdom, London
Co-Investments: 3
KAYA
Europe, Hlavni mesto Praha, Czech Republic, Prague
Co-Investments: 3
Heartcore Capital
Europe, Hovedstaden, Denmark, Copenhagen
Co-Investments: 3
The Westly Group
North America, California, United States, Menlo Park
Co-Investments: 3
Munich Venture Partners
Europe, Bayern, Germany, Munich
Co-Investments: 3
eCAPITAL ENTREPRENEURIAL PARTNERS
Europe, Nordrhein-Westfalen, Germany, Münster
Co-Investments: 3
Statkraft Ventures
Europe, Nordrhein-Westfalen, Germany, Düsseldorf
Co-Investments: 4
ArcTern Ventures
North America, Ontario, Canada, Toronto
Co-Investments: 3

Which angels does Inven Capital often collaborate with?

MP
Europe, England, United Kingdom, London
Shared Deals: 1
GW
Europe, Edinburgh, City of, United Kingdom, Edinburgh
Shared Deals: 1
TP
Europe, England, United Kingdom, London
Shared Deals: 1
Eyal Gura
Asia, Israel
Shared Deals: 1
FS
North America, Michigan, United States, Metropolitan
Shared Deals: 1

What are some of recent deals done by Inven Capital?

Vytal

Cologne, Nordrhein-Westfalen, Germany

Vytal is a provider of software-enabled reusable packaging solutions to eliminate single-use packaging waste.

Food and BeverageRecyclingSnack FoodSustainabilityWaste Management
Series UnknownMar 11, 2025
Amount Raised: $15,517,243
Woltair

Prague, Hlavni mesto Praha, Czech Republic

Woltair is a clean energy company that offers SaaS platform to act as an integrator of buildings decarbonisation services.

AppsRenewable EnergySolar
Series BNov 14, 2024
Ember

Edinburgh, Edinburgh, City of, United Kingdom

Ember builds and operates electric bus networks that give people a zero-emission, convenient, and affordable way to get from A to B

InternetTransportationTravel
Series AMar 26, 2024
Amount Raised: $13,890,766
Hydrogrid

Vienna, Wien, Austria

Hydrogrid is a SaaS platform provider that specializes in the efficient dispatch and commercialization of renewable energy generation.

Energy EfficiencyHydroelectricPower GridRenewable EnergySaaS
Series ADec 15, 2023
Amount Raised: $8,399,548
Eliq

Göteborg, Vastra Gotaland, Sweden

Eliq's energy data platform enables businesses to unlock high-definition energy data and delight their customers with personalised insights.

AnalyticsEnergyEnergy ManagementSaaSSoftware
Series UnknownNov 21, 2023
Amount Raised: $10,917,054
WINT

Rosh Ha'ayin, HaMerkaz, Israel

WINT is a water intelligence system that helps save water, reduce consumption, and prevent water leaks.

AnalyticsArtificial Intelligence (AI)ConstructionMachine LearningSoftwareSustainabilityWater
Series CJul 10, 2023
Amount Raised: $35,000,000
Woltair

Prague, Hlavni mesto Praha, Czech Republic

Integrator of Buildings Decarbonisation supported by Saas for Craftsmen

AppsRenewable EnergySolar
Series AJun 7, 2023
Amount Raised: $21,949,454
Hometree

London, England, United Kingdom

Hometree specializes in residential energy services, assisting homeowners in their transition to low-carbon living.

Customer ServiceEnergy EfficiencyHome ImprovementHome Services
Series BDec 30, 2022
Amount Raised: $46,000,000
Woltair

Prague, Hlavni mesto Praha, Czech Republic

Integrator of Buildings Decarbonisation supported by Saas for Craftsmen

AppsRenewable EnergySolar
Series ASep 26, 2022
Amount Raised: $15,622,284
Taranis

Westfield, Indiana, United States

Taranis is a crop intelligence and precision agriculture technology that provides digital monitoring, reporting, and verification services.

AgricultureAgTechAnalyticsArtificial Intelligence (AI)Farming
Series DSep 7, 2022
Amount Raised: $40,000,000