EIT InnoEnergy
- Company typePrivate
- Founded2010
- HeadquartersEindhoven, Netherlands
- Headcount251–500
- GTM typeB2B
- OfferingServices
EIT InnoEnergy firmographics
Firmographics- Name
- EIT InnoEnergy
- Legal name
- KIC InnoEnergy SE
- Website
- https://innoenergy.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
EIT InnoEnergy industry classification
Industry- Product category
- Clean Energy Venture Capital and Innovation Services
- NAICS
- Open-End Investment Funds (525910)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Accelerators & Incubators (Investor-Operated) (FSANAAAM)
- akta.pro secondary industry
- Circularity & End-of-Life Technology R&D (PV Recycling Chemistry, Blade Reuse, Design-for-Recycling) (EUAMAOAK)
Keywords
Where EIT InnoEnergy is headquartered
LocationHeadquarters
- HQ city
- Eindhoven
- HQ country
- Netherlands
- HQ region
- Europe
Offices1 record
Markets served
EIT InnoEnergy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Investment Returns: EIT InnoEnergy generates returns through equity investments in early-stage clean tech companies, with portfolio companies raising significant follow-on funding.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
EIT InnoEnergy product offering
Product offeringCore offering
EIT InnoEnergy is a sustainable energy investment and innovation company that identifies, invests in, and scales early-stage clean energy startups across Europe. It operates accelerator programs (such as Catalyst), thematic investment platforms (including battery storage, green hydrogen, and sustainable mining), and educational initiatives (Master's in Sustainable Energy) to commercialize technologies that support Europe's energy transition. The company combines venture capital with industrial partnerships and access to a network of corporates and research institutions.
Product overview
EIT InnoEnergy is an investment and innovation platform for clean energy, initiated in 2010 by the European Institute of Innovation and Technology (EIT). Rather than a unified software product, the organization offers a portfolio of investment services and programs including early-stage investment and de-risking for clean tech startups (Early-Stage Investment), company-building services to develop industrial champions (Company Building), strategic value chain leadership across batteries/hydrogen/solar/wind, workforce development through the Skills Institute, and graduate education via Masters+. The ecosystem spans over 1,400 partners across 21 EU countries and the United States, supporting 110+ portfolio companies.
Differentiator
Problem solved
Functional benefit
Brands
- Skills Institute: Delivers upskilled talent for clean tech industries through programs like the Energy Transition Talent Accelerator.
- Masters+
- The Business Booster
Products and services
- Catalyst Accelerator Program
Quantifiable outcome
- 0.3 Gt CO2e reduction potential by 2030 through portfolio
- +3 more outcomes
Companies that use EIT InnoEnergy
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles3 records
EIT InnoEnergy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
EIT InnoEnergy partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- ENGIEcoreENGIE is a shareholder of InnoEnergy with access to a portfolio of innovative start-ups and industrial projects representing new business opportunities. This partnership supports ENGIE's commitment and ambition to be at the forefront of the global energy transition.
- SunwafecoreSunwafe was initiated by InnoEnergy in 2024 to build Europe's first large-scale silicon ingot and wafer manufacturing plant in Asturias, Spain. The €200 million project aims to produce 2.5 billion wafers per year, meeting up to 50% of Europe's expected demand by 2030. InnoEnergy partnered with Spanish engineering firm Tresca.
- BasquevoltminorBasquevolt, a solid-state battery developer founded in 2022 with support from various Spanish and Basque organizations including InnoEnergy, has secured new funding from Axon Partners Group and public funds from the Spanish government to advance its technology and expand manufacturing.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
EIT InnoEnergy competitors and assessment
Company assessmentDirect peers
- Breakthrough Energy Ventures: Bill Gates-backed climate tech venture fund investing across the full clean energy value chain. Most direct peer: comparable scale, global mandate, mission-aligned limited partners, and broad portfolio diversification similar to InnoEnergy's model.
- Energy Impact Partners: Global clean energy and decarbonisation venture fund backed by a coalition of utilities and energy corporates. Comparable in combining LP-side corporate strategic value with portfolio investment, similar in mission and target sectors (renewables, storage, grid, mobility).
- Lowercarbon Capital: US-based climate tech VC investing across energy, industry, and carbon removal. Direct peer in mission, stage, and sector focus; differs in being primarily US-anchored and capital-only (no integrated talent or company-building services).
- Prelude Ventures: Early- and growth-stage cleantech venture firm with a long track record of energy and sustainability investing. Comparable in focus on industrial decarbonisation and energy transition; similar fund size and stage orientation.
- Emerald Technology Ventures: Zurich-based cleantech VC investing globally in energy, water, and industrial sustainability. Direct peer as a Europe-anchored, sector-specialised cleantech investor with industrial corporate LPs.
- SET Ventures: Amsterdam-based early-stage VC investing exclusively in European clean energy and digital energy startups. Highly comparable: similar geography, stage, and sector focus, with similar corporate strategic LPs (utilities, energy companies).
- 2150 (formerly Atomico's urban tech arm spin-out): European VC focused on climate, sustainable infrastructure, and urban decarbonisation. Comparable in combining deep European LP base with mission-driven climate investing across buildings, mobility, and energy.
Emerging players
- ENGIE New Ventures: Corporate venture arm of ENGIE, an InnoEnergy shareholder. Comparable as a strategic energy transition investor with portfolio overlap, but smaller and more narrowly tied to ENGIE's commercial priorities.
Broad incumbents
- European Investment Fund (EIF): EU-level fund-of-funds investor that anchors many European VC funds, including clean tech vehicles. Comparable in mission and EU institutional positioning, but operates at a meta-level (LP-to-fund) rather than direct portfolio investment.
- Aster (Schneider Electric's venture arm): Industrial venture arm of Schneider Electric, investing in energy, automation, and sustainability. Comparable as a corporate-backed clean energy investor and InnoEnergy ecosystem partner, with overlapping portfolio in grid, storage, and industrial decarbonisation.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
EIT InnoEnergy social profiles
Digital presenceEIT InnoEnergy financial estimates
Financial estimateRevenue estimate
Valuation estimate
EIT InnoEnergy leadership team
Management profileNumber of profiles
Profiles2 records
EIT InnoEnergy funding detail
Funding detailFunding overview
Funding rounds3 records
Investors18 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EIT InnoEnergy M&A and investment
M&A and investmentM&A
Investments273 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EIT InnoEnergy
What does EIT InnoEnergy do?
EIT InnoEnergy is a sustainable energy investment and innovation company that identifies, invests in, and scales early-stage clean energy startups across Europe. It operates accelerator programs (such as Catalyst), thematic investment platforms (including battery storage, green hydrogen, and sustainable mining), and educational initiatives (Master's in Sustainable Energy) to commercialize technologies that support Europe's energy transition. The company combines venture capital with industrial partnerships and access to a network of corporates and research institutions.
Is EIT InnoEnergy a public or private company?
EIT InnoEnergy is a private company. It is classified as corporate owned and is currently operating.
When was EIT InnoEnergy founded?
EIT InnoEnergy was founded in 2010. It employs 251 to 500 people.
Where is EIT InnoEnergy based?
EIT InnoEnergy is headquartered in Eindhoven, Netherlands, in the Europe region.
How does EIT InnoEnergy make money?
One revenue line is on record: investment Returns.
Who are EIT InnoEnergy's main competitors?
Direct peers on record are Breakthrough Energy Ventures, Energy Impact Partners, Lowercarbon Capital, Prelude Ventures, Emerald Technology Ventures, SET Ventures and 2150 (formerly Atomico's urban tech arm spin-out). ENGIE New Ventures is listed as an emerging player. Broad incumbents are European Investment Fund (EIF) and Aster (Schneider Electric's venture arm).
Does EIT InnoEnergy have an API?
No public API is recorded for EIT InnoEnergy.
What industry is EIT InnoEnergy in?
EIT InnoEnergy's product category is Clean Energy Venture Capital and Innovation Services. Its primary akta.pro industry code is FSANAAAM, Accelerators & Incubators (Investor-Operated), with a secondary code of EUAMAOAK, Circularity & End-of-Life Technology R&D (PV Recycling Chemistry, Blade Reuse, Design-for-Recycling). Its NAICS code is 525910 and its SIC code is 6282.