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Fund profile

Centrica Innovations

Centrica Innovations

Windsor, United Kingdom

Not leading

About

Centrica is a major British energy and services company, focusing on the transition to a low-carbon future. The company operates primarily in the UK and Ireland and is best known for its subsidiaries, British Gas and Bord Gáis Energy. Centrica’s business model covers the entire energy chain, from production and storage to selling and trading energy. They are heavily invested in the energy transition, with significant focus on renewable energy, hydrogen, and energy storage technologies​. Centrica is positioning itself for growth by committing between £600 million and £800 million annually until 2028 towards renewable energy projects, hydrogen development, and strengthening energy security. Their long-term strategy includes generating sustainable returns through both their retail and infrastructure divisions. This involves not only providing energy services to millions of customers but also managing assets like gas storage and nuclear energy. Centrica also aims to help its customers reduce their carbon footprint through energy-efficient solutions while advancing their own internal goals toward net-zero operations by 2050. As part of their sustainability agenda, they are deeply involved in supporting the UK’s decarbonization journey, aiming to make clean energy accessible and affordable​.

Details

Average check

$100K-$500K
$500K-$1M
$1M-$3M
$3M-$10M

Round

Seed
Series A
Series B
Series C+

Previous Investments

CleanTech & Sustainability
Consumer Goods & Electronics
Energy & Utilities
Hardware. Robotics & IoT
Natural Resources
Security & Privacy
Transportation & Mobility

Geo focus

Europe
USA
Canada

Highlights

$21.4M

Historical average check

$83M

Historical max check

March 2023

Last investment date

5

Investments

Energy & Utilities

Transportation & Mobility

Software & Apps

Hardware. Robotics & IoT

CleanTech & Sustainability

Other

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Website

centrica.com

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