Move Energy
Move Energy is an Amsterdam-based venture capital firm managing Fund I to invest €1M-€10M in late-seed to Series B European energy-transition startups decarbonizing power, transport, and buildings.
- Company typePrivate
- Founded2021
- HeadquartersAmsterdam, Netherlands
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Move Energy does
Move Energy is an Amsterdam-based venture capital firm founded in 2021 that manages Move Energy Fund I to invest in early-stage European companies developing solutions for decarbonizing power, transport, and buildings. The firm invests €1M-€5M in initial tickets at late Seed to Series B, with capacity to follow on up to €10M per portfolio company, and explicitly accepts both hardware and software propositions on the view that both are required to hit 2030/2050 net-zero targets. Geographic focus is Europe with an emphasis on the Netherlands.
Move Energy Fund I is backed by the European Investment Fund (€35M commitment under the InvestEU initiative), Invest-NL (€10M through Dutch Future Fund II), Pon Holdings as cornerstone investor, and more than 30 additional institutional and private investors; total commitments exceeded €100M against a €150M hard cap target with final close planned for Q1 2025. The investing team is led by Managing Partner Mirjam Terhorst alongside Partners Frederik de Hosson and Friso Bensdorp, supported by two investment managers (Bastiaan van Wijk, Eline Peeters), two associates, an investment analyst, and an advisory board (Marc Bakker, Kevin Dijkers, Boris Wortmann). Disclosed portfolio companies include Enerin (industrial heat pumps), OpusFlow (renewable-energy ERP), FenX (mineral-foam insulation), Steady Energy (nuclear SMR for district heating), Withthegrid (grid asset control), Converge (concrete decarbonization), Sunswap (transport refrigeration), WATTALPS (immersion-cooled batteries), Samara (household energy), and Eco-Movement (acquired by Dow Jones in September 2025, the fund's first realized exit).
As a venture capital firm, Move Energy's revenue is generated through management fees on Fund I and carried interest on portfolio exits; the firm does not develop proprietary technology products, and its competitive differentiation sits in domain expertise, network, and non-dilutive financing structuring for hardware-intensive ventures rather than in a product or platform.
Move Energy firmographics
Firmographics- Name
- Move Energy
- Legal name
- Move Energy Fund Management B.V.
- Website
- https://moveenergy.vc
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Move Energy is an Amsterdam-based venture capital firm managing Fund I to invest €1M-€10M in late-seed to Series B European energy-transition startups decarbonizing power, transport, and buildings.
- Ownership category
- akta.pro rank
Move Energy industry classification
Industry- Product category
- Venture Capital / Private Equity Fund Management
- NAICS
- Other Investment Pools and Funds (5259), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Renewables & Energy Transition Funds (Solar, Wind, Hydrogen, CCUS) (FSANAEAD)
- akta.pro secondary industries
- Transition / Engagement & Stewardship Funds (FSANAJAO), Transition Finance (Hard-to-Abate Transition Strategies, SL Loans/Bonds) (FSAAALAI)
Keywords
Where Move Energy is headquartered
LocationHeadquarters
- HQ city
- Amsterdam
- HQ country
- Netherlands
- HQ region
- Europe
Offices1 record
Markets served
Move Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Venture Capital Fund Management: Move Energy generates returns through carried interest on successful portfolio company exits and management fees from Fund I. The firm invests in early-stage companies with initial tickets of €1m-€5m and can support subsequent rounds up to €10m per portfolio company. Returns are realized through IPOs, strategic acquisitions, and secondary transactions in portfolio companies.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Series A investments with Late Seed and Series B consideration |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Move Energy product offering
Product offeringCore offering
Move Energy is a venture capital firm that invests in early-stage start-ups and scale-ups driving the energy transition. The firm makes Series A investments (with Late Seed and Series B consideration) of €1m–€5m initially, with follow-on capacity up to €10m per portfolio company, targeting both hardware and software companies decarbonizing power, transport, and buildings across Europe with a strong focus on the Netherlands. Returns are generated through carried interest on portfolio exits (via IPOs, strategic acquisitions, or secondary transactions) and management fees from Move Energy Fund I.
Differentiator
Problem solved
Functional benefit
Products and services
- Move Energy Fund I (Energy Transition Fund) A venture capital fund managed by Move Energy Fund Management B.V. that invests in early-stage start-ups and scale-ups developing hardware and software solutions for decarbonizing power, transport, and buildings. Initial investment tickets range from €1m–€5m with follow-on capacity up to €10m per portfolio company. Focus is on Series A rounds with Late Seed and Series B consideration, targeting companies that have found first product-market fit. Geographic focus is Europe with strong emphasis on the Netherlands. Investment criteria include support for both hardware and software propositions.
Quantifiable outcome
- EIF committed €35 million to Move Energy Fund I under InvestEU initiative
- +2 more outcomes
Companies that use Move Energy
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles2 records
Move Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Move Energy partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- TIP GroupminorTIP Group, a leading equipment services provider, is a customer of Sunswap's Endurance zero-emission transport refrigeration units.
- DFDSminorDFDS, a major shipping and logistics company, is a customer of Sunswap's Endurance zero-emission transport refrigeration technology.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Move Energy competitors and assessment
Company assessmentDirect peers
- Clean Energy Ventures: Early-stage climate tech VC investing in CO2-reduction startups. Comparable in fund size, stage focus, and European/international energy transition mandate.
- Climentum Capital: European early-stage climate tech VC investing in decarbonization solutions. Frequently co-invests with Move Energy in rounds like Enerin (€15M), targeting the same Series A hardware-heavy energy transition thesis.
- Green Generation Fund: German early-stage venture fund focused on climate-tech and sustainability. Co-led Samara's €9M Series A with Move Energy, both pursuing European decarbonization hardware and software investments.
- ETF Partners (Environmental Technologies Fund): Pan-European VC fund specializing in sustainable innovation and energy transition. Operates in the same Series A/late seed stage with comparable climate tech mandate and deeptech hardware focus.
- Planet A Ventures: Hamburg-based early-stage VC focused on science-based climate solutions. Competes for similar European energy transition deals with a comparable ticket size and stage focus.
- Kiko Ventures: European early-stage climate tech investor backed by IP Group. Targets similar deeptech climate solutions with comparable check sizes and stage focus, including European energy hardware.
- Wavelength Ventures: European-focused climate tech seed/Series A investor. Operates in the same Series A energy transition niche with deeptech and hardware tolerance comparable to Move Energy's portfolio approach.
Broad incumbents
- Lowercarbon Capital: Larger US-based climate tech fund investing across energy, industry, and carbon removal. While broader and better capitalized, it competes in sourcing European hardware deeptech deals.
- Breakthrough Energy Ventures: Bill Gates-backed climate VC fund with multi-billion AUM. While significantly larger and more global, it invests in European energy transition hardware at comparable stages, often as lead investor.
- EIT InnoEnergy: European sustainable energy innovation investor with deeptech focus. Operates at scale with broader portfolio in power, transport, and buildings, often overlapping with Move Energy's thesis and target geography.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Move Energy social profiles
Digital presenceMove Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Move Energy leadership team
Management profileNumber of profiles
Profiles11 records
Move Energy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Move Energy M&A and investment
M&A and investmentM&A
Investments9 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Move Energy
What does Move Energy do?
Move Energy is a venture capital firm that invests in early-stage start-ups and scale-ups driving the energy transition. The firm makes Series A investments (with Late Seed and Series B consideration) of €1m–€5m initially, with follow-on capacity up to €10m per portfolio company, targeting both hardware and software companies decarbonizing power, transport, and buildings across Europe with a strong focus on the Netherlands. Returns are generated through carried interest on portfolio exits (via IPOs, strategic acquisitions, or secondary transactions) and management fees from Move Energy Fund I.
Is Move Energy a public or private company?
Move Energy is a private company. It is classified as venture growth investor backed and is currently operating.
When was Move Energy founded?
Move Energy was founded in 2021. It employs 1 to 10 people.
Where is Move Energy based?
Move Energy is headquartered in Amsterdam, Netherlands, in the Europe region.
How does Move Energy make money?
One revenue line is on record: venture Capital Fund Management.
Who are Move Energy's main competitors?
Direct peers on record are Clean Energy Ventures, Climentum Capital, Green Generation Fund, ETF Partners (Environmental Technologies Fund), Planet A Ventures, Kiko Ventures and Wavelength Ventures. Broad incumbents are Lowercarbon Capital, Breakthrough Energy Ventures and EIT InnoEnergy.
Does Move Energy have an API?
No public API is recorded for Move Energy.
What industry is Move Energy in?
Move Energy's product category is Venture Capital / Private Equity Fund Management. Its primary akta.pro industry code is FSANAEAD, Renewables & Energy Transition Funds (Solar, Wind, Hydrogen, CCUS), with a secondary code of FSANAJAO, Transition / Engagement & Stewardship Funds. Its NAICS code is 5259 and its SIC code is 6282.