Innovating Capital

EnBW New Ventures (ENV) is the venture capital arm of EnBW, dedicated to investing in early and growth-stage startups that drive the energy transition and sustainability initiatives. Based in Karlsruhe, Germany, ENV has a strong focus on innovative technologies that support decarbonization and digital transformation in energy and related sectors​. ENV's portfolio includes a diverse range of companies, such as Cozero, which offers a comprehensive carbon management software for enterprises; Easelink, known for its Matrix Charging® technology that automates electric vehicle charging; and Intigriti, a global cybersecurity platform connecting companies with ethical hackers​. They also invest in startups like enspired, which automates energy trading, and Holo-Light, which provides augmented reality solutions for industrial applications​. Since its inception, ENV has invested over €125 million across 25 startups, aiming to accelerate the shift to sustainable energy and technologies​ (ENGIE New Ventures)​. The firm’s investments span various geographies and sectors, emphasizing innovations in energy efficiency, renewable energy, energy storage, and smart city solutions. ENV's approach involves not only financial investment but also leveraging EnBW's extensive industry expertise and network to support the growth and scaling of their portfolio companies. This hands-on partnership model has made ENV a significant player in the venture capital space, particularly in the clean energy and sustainability sectors.