EnBW New Ventures is the venture capital arm of EnBW Group, one of Germany’s major energy providers. Established in 2015 and located in Karlsruhe, Germany, the team manages a €100 million evergreen fund as a single limited partner. It invests across Europe in Series A and later rounds, typically contributing €1–10 million per startup. Drawing on EnBW’s experience in renewable power generation, energy trading, grid infrastructure and fast-charging networks, it acts as both lead and co-investor. The firm aims to support entrepreneurs in building sustainable ventures, balancing rapid expansion with long-term value creation.
The firm focuses on entrepreneurs who build ventures that combine sustainability with scalable business models. Investments target digital platforms for sustainability reporting, software tools to measure and reduce carbon emissions, applications that enhance battery durability, efficiency and safety, and solutions that streamline electric vehicle charging. Additional areas include cybersecurity for energy assets and tech that strengthens grid reliability. Its investment approach reflects a mission to accelerate the low-carbon transition through collaboration, combining financial support with technical expertise. EnBW New Ventures aims to help startups accelerate deployment without sacrificing lasting impact.
Clean technology lies at the core of the fund’s portfolio. Easelink provides automated electric vehicle charging systems, while Cozero supplies carbon management software for corporate decarbonization. enspired develops energy trading services that balance supply and demand on renewable grids, and Holo-Light applies augmented reality in industrial environments to boost efficiency in infrastructure maintenance. The fund also supports startups offering software to optimize battery performance, safety and lifecycle management, reflecting its commitment to energy storage solutions critical for grid stability. Through these investments, EnBW New Ventures advances the shift to renewable energy, modernized networks and electric mobility.
