ENGIE New Ventures (ENV) 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, ENV has deployed over EUR110M of capital across 23 investments worldwide, with an emphasis on Europe, North America, Israel and Asia.

Corporate Venture Capital for innovation

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 :

• Distributed energy

• Flexibility

• Home comfort & energy efficiency

• Smart cities

• Green mobility 

Additionally ENV scouts for startups which can support strategic digital activities : robots, drones, blockchain, relevant platforms businesses, Artificial Intelligence, virtual reality, cybersecurity, … 

Investment strategy  

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.

ENGIE NEW VENTURE’s preference for investments