EIT InnoEnergy

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

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

• Clean energy investment
• Sustainable energy accelerator
• Cleantech venture capital
• Energy innovation programs
• Battery storage investment

Headquarters

HQ city

Eindhoven

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. 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

Core 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

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• ENGIEcoreStrategic or Co-development PartnerENGIE 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.
• SunwafecoreStrategic or Co-development PartnerSunwafe 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.
• BasquevoltminorStrategic or Co-development PartnerBasquevolt, 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

Direct 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

• Xx.com/InnoEnergyEU
• Facebookfacebook.com/innoenergyEU
• LinkedInlinkedin.com/company/innoenergy

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds3 records

Investors18 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments273 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EIT InnoEnergy