Vireo Ventures

Vireo Ventures is a Berlin-based early-stage venture capital firm dedicated to investing in European startups at the forefront of the electrification transition. Their investment thesis centers on supporting innovative companies across critical sectors such as energy supply, sustainable mobility, smart cities and buildings, logistics, and industrial applications. The firm specifically targets Pre-Seed, Seed, and Series A stage companies that are developing deep tech and B2B solutions to accelerate the shift towards a fully electrified and decarbonized economy.

Launched with a clear mandate, Vireo Ventures successfully closed its inaugural fund, Vireo Ventures Fund I, at €60 million in 2022. This capital is deployed to back ambitious founders building scalable technologies that address the complex challenges of energy transformation. The firm typically acts as a lead or co-lead investor, providing not only capital but also strategic guidance and access to a robust network within the energy and industrial sectors. They aim to build a concentrated portfolio, targeting investments in approximately 15 to 20 companies from this fund.

Vireo Ventures' typical initial check sizes for early-stage investments range from €500,000 to €2.5 million, with a clear capacity for follow-on funding to support portfolio companies through subsequent growth rounds. Beyond financial investment, the firm emphasizes its operational expertise and deep industry knowledge, leveraging its team's background in energy, utilities, and technology to provide hands-on support. Their specialized focus on electrification positions them as a strategic partner for startups looking to disrupt traditional industries and drive sustainable change across Europe.