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Fund profile

Eneco Innovation & Ventures

Eneco Innovation & Ventures

Rotterdam, The Netherlands

Leading

About

Eneco Group, headquartered in Rotterdam, is a leading energy company focused on sustainable and innovative energy solutions. They are actively working on several notable projects that highlight their commitment to a green future. One of their major initiatives is the NortH2 project, a green hydrogen consortium aimed at producing green hydrogen using offshore wind energy. This project is part of Eneco's One Planet Plan, which aims for climate neutrality by 2035. The NortH2 project is set to significantly reduce the use of natural gas and CO2 emissions, with plans to produce up to 1 million tons of green hydrogen annually by 2040. Eneco is also developing the Eneco Electrolyzer, an 800 MW green hydrogen production plant in Rotterdam's Europoort industrial area. This facility, in collaboration with Mitsubishi, will use renewable energy from solar parks and wind farms to produce green hydrogen, primarily for industrial use. Construction is scheduled to start in 2026, with operations beginning in 2029. In addition to hydrogen projects, Eneco is involved in Ecowende, an ecological offshore wind farm designed to have a net positive impact on marine life. This innovative project aims to minimize environmental impact while promoting biodiversity and advancing the Dutch government's renewable energy goals for 2030. Furthermore, Eneco has invested in Next Kraftwerke, a German-based operator of one of Europe's largest Virtual Power Plants (VPP). This partnership aims to enhance the integration of renewable energy sources and support decentralized energy production. These projects and investments underscore Eneco's dedication to leading the energy transition and achieving a sustainable energy future.

Details

Round

Seed
Series A
Series B
Venture Round

Previous Investments

AI & Deep Tech
CleanTech & Sustainability
Consumer Goods & Electronics
Data & Analytics
E-commerce & Retail
Energy & Utilities
Fintech & Financial services
Hardware. Robotics & IoT
HR & Recruitment
Social media
Software & Apps
Transportation & Mobility

Geo focus

Europe

Highlights

$2.1M

Historical average check

$13.2M

Historical max check

January 2025

Last investment date

24

Investments

Energy & Utilities

Software & Apps

CleanTech & Sustainability

Agritech & Farming

Hardware. Robotics & IoT

Other

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Website

eneco.comwhat-we-do/ventures/

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