ENGIE New Ventures was founded in 2014 as the corporate venture arm of the global energy provider ENGIE. This €180 million fund is dedicated to making minority investment in technology startups driving the energy transition.
With offices in Paris San Francisco, ENV’s strategic fund-to-fund portfolio is one element of ENGIE’s multi-pronged strategies to reinvision existing business models and spark new opportunities in the rapidly changing energy sector.
To date, ENGIE New Ventures has deployed over EUR120M of capital across 23 investments worldwide, with an emphasis on Europe, North America, Israel and Asia.
ENGIE New Ventures objective is to create a mutually beneficial relationships with startups and companies at development to expansion phase (Series B) with differentiating technology or an innovative business model in energy transition :
Additionally ENV scouts for startups which can support strategic digital activities : robots, drones, blockchain, relevant platforms businesses, Artificial Intelligence, virtual reality, cybersecurity, …
As ENGIE's corporate venture capital fund, ENGIE New Ventures seeks not simply to invest financially in startups, but to create real partnerships with a view to long-term collaboration in which the creativity and flexibility of the newcomer combine with the strength and resources of a large group.
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