
Inven Capital
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
Frequently Asked Questions
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