E.ON

E.ON, based in Essen, Germany, is a leading energy company focusing on innovative and sustainable energy solutions. Through its venture capital arm, E.ON Strategic Co-Investments, the firm has made substantial investments in various sectors, particularly emphasizing clean technology and energy efficiency. Notable investments by E.ON include Virta, an electric vehicle charging solutions provider; Tado, a smart thermostat company; and Orcan Energy, which develops waste heat recovery solutions. These investments reflect E.ON's commitment to supporting innovative technologies that enhance energy efficiency and sustainability​. E.ON's investment strategy involves partnering with other investors to co-invest in promising startups, providing both capital and strategic support to help them scale. This approach allows E.ON to foster innovation within the energy sector and contribute to the development of new technologies that align with their sustainability goals.