Fundraising Fox
Elewit
Corporate VCMadrid · 15 people tracked
Find your way into Elewit
520 people in our graph share verified history with the Elewit team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Elewit is the technology and innovation platform of Redeia (the Red Eléctrica Group), focused on advancing the energy transition and connectivity toward a sustainable future. Through its corporate venture capital arm, it invests strategically in startups that address six key challenges spanning electric grid infrastructure and asset management, electrical system operation and renewables integration, connectivity, new services and business models, people's safety and wellness, and sustainable development. It backs seven enabling technologies including new equipment and materials, immersive technologies and robotics, digital platforms and computing, artificial intelligence and advanced data processing, IoT, satellite and 5G communications, and IT/OT cybersecurity. Elewit also runs venture-client programs and builds new ventures alongside partners.
Source: firm website, verified Sep 26, 2026.
Team · 15 people
from the firm's website & public directories
What they invest in
from 35 of 60 portfolio companiesAI & Machine Learning ×15Enterprise Software ×15IoT ×14Energy ×13SaaS ×13Cleantech ×12Deep Tech ×7Climate Tech ×6
HQs:Spain×13United States×3Netherlands×2Finland×1France×1United Kingdom×1
Who they back
founder profiles across 17 portfolio companiesFounding team size:solo founder×92 founders×53 founders×3
Where their founders studiedfrom 19 founders with education data
Universidad Politécnica de Madrid ×3Universitat Politècnica de Catalunya ×2
What their founders studiedfrom 19 founders with field-of-study data
Engineering ×7Business & Management ×5Computer Science ×4Design & Architecture ×3
Where their founders worked beforefrom 22 founders with career history
Barcelona Supercomputing Center ×2DiCom Events ×2SEASTAINABLE VENTURES ×2Telefonica ×2
1 founders hold a PhD · 2 hold an MBA (of 23 with degree data)
Investments · 60 tracked
founders shown can be your intro pathBy year:2025 · 12022 · 12020 · 13 dated
Oktogrid develops IoT sensors and data analytics platforms for electricity grid infrastructure management, enabling utilities and asset managers to optimize transformer performance and maintenance during the energy transition.
CleantechData & InfrastructureEnergyIoT
Co-investorsDelphinus Venture CapitalMist VenturesRockstartInnovation Fund DenmarkVaekstfonden
1MillionBot builds AI solutions including conversational agents, custom AI development, and AI strategy consulting through a center of excellence model for organizations across public and private sectors.
AI & Machine LearningEnterprise SoftwareSaaSAlicante, ES
Andrés Pedreño(Founder & President)inAndrés Desantes(CEO)in
Aerolaser acquires high-precision topographic data and generates digital elevation models for infrastructure, forestry, hydrological basins, and urban planning applications.
AgTechConstruction TechDeep TechHardwareIoT
Akselos provides SPM (Structural Predictive Maintenance) technology that models how operational decisions like ramp rates and startup/shutdown procedures affect stress, fatigue accumulation, and brittle fracture risk in refinery reactors.
Advanced ManufacturingAI & Machine LearningDeep TechEnergyEnterprise SoftwareSaaS
Thomas Leurent(Founder)in
Co-investorsAlumni VenturesBasecamp FundCastor VenturesFuture Energy VenturesGRO CapitalShell Ventures
AssetCool builds robotic systems, including its Capacity-1 line robots, that apply capacity-enhancing coatings to existing overhead power lines to increase grid capacity without lengthy outages or reconductoring.
CleantechEnergyNew MaterialsRobotics
Jasmin Stewart(Head of People)inWinter Wilson(Head of Marketing)inNiall Coogan(CEO)in
Co-investorsCarbonEnergy Impact PartnersKero Development PartnersMercia VenturesNorthern GritstoneExtantia Capital
Barbara builds software for deploying and operating industrial applications and AI at the edge, aimed at making advanced technology simpler and more secure for industrial teams.
AI & Machine LearningCybersecurityIoT
Co-investorsCriteria Venture TechSeed Capital Bizkaia SA
CounterCraft develops a deception-driven threat intelligence platform that uses deception technology to lure attackers away from critical assets while collecting actionable threat intelligence.
AI & Machine LearningCybersecurityEnterprise SoftwareSan Sebastian, ES
David Barroso(CEO and founder)inFernando Braquehais(Head of Development, co-founder)Daniel Brett(Co-founder)
Co-investorsAdara VentureseCAPITAL ENTREPRENEURIAL PARTNERSEvolution Equity PartnersIn-Q-TelWayra
Darktrace / Forensic Acquisition & Investigation is a cloud-native forensics product that automates disk-level evidence capture, collection, and preservation across multi-cloud, on-premises, and SaaS environments.
AI & Machine LearningCloud ComputingCybersecurityEnterprise SoftwareSaaSCambridge, GB
Jill Popelkain
Co-investors408 VenturesAlexander Square PartnersAmakorBalderton CapitalBright Pixel CapitalBrighton Park Capital+11 more
DeNexus provides an industrial cyber risk quantification and management platform that translates operational technology (OT) security vulnerabilities into financial metrics—Annual Expected Loss and Value at Risk—enabling industrial operators to prioritize remediation and communicate risk to boards and insurers.
AI & Machine LearningCybersecurityData & InfrastructureEnergyEnterprise SoftwareInsurTechBoston, US
Jose Seara(Founder & CEO)in
BoardAlejandro Horvitz(Director)inHerbert Madan(Director)Rimmo Jolly(Director)Rosa Kariger Fernandez de Rojas(Director)
Co-investorsHCS CapitalPunja Global Ventures
Engidi builds ACRUX, an IoT wearable device that connects to workers and provides real-time data on their location and health to help companies monitor and reduce safety risks in industrial settings.
Deep TechHardwareIoTBarcelona, ES
Sergi Bouisson Galceran(Founder)in★Gerard Fernandez(Founder)in
BoardPere Aizcorbe(Design Advisor)
Fivecomm provides IoT sensor solutions for water system monitoring and digitalization, enabling utilities and water management operators to capture real-time data on consumption, flow, pressure, and levels to detect leaks and optimize resource management.
AI & Machine LearningCleantechDeep TechHardwareIoT
Co-investorsGoHub Ventures
FlexiDAO provides data, software, and advisory services for managing, trading, and reporting on renewable energy portfolios, helping customers assess climate-related risks and pursue carbon-aware procurement.
CleantechData & InfrastructureEnergySaaSAmsterdam, NL
Grzegorz Bytniewski(Founder)in
Co-investorsEIT InnoEnergyRockstartSET Ventures
HESStec designs and deploys hybrid energy storage systems and grid asset optimization solutions for utilities, renewable operators, and microgrid applications.
CleantechClimate TechEnergyEnterprise SoftwareIoTPaterna, ES
Eugenio Domínguez(CEO)in
Co-investorsKfund
Hyperion Robotics transforms foundation design and construction using robotics and sustainable materials to reduce carbon emissions from concrete production for energy and infrastructure projects.
Climate TechConstruction TechRoboticsHelsinki, FI
Fernando De los RiosinAshish MohiteinHenry Unterreinerin
Co-investorsCourse Corrected VC Holding IILifeline VenturesÜbermorgen Ventures
Kymatio provides a human risk management platform that assesses and monitors employee cybersecurity awareness, credentials, and vulnerability to social engineering attacks.
AI & Machine LearningCybersecurityEnterprise SoftwareSaaS
Co-investorsBStartupDozen InvestmentsFides CapitalJME Ventures
Mindbly is a digital coaching platform that pairs managers and employees with certified coaches, using a matching algorithm, online 1-on-1 sessions, and HR analytics dashboards.
Future of WorkHR TechSaaS
One3D is a cloud-based photogrammetry platform that converts drone or camera images into survey-grade 3D models, orthophotos, and point clouds accessible through a web browser for measurement, inspection, and sharing.
Cloud ComputingConstruction TechDeep TechEnterprise SoftwareIoTRoboticsSaaS
Yavor Mihailov(CEO)in
Nearby Computing develops solutions for the edge computing ecosystem, focusing on network intelligence and bringing computing capabilities closer to data sources.
Cloud ComputingEnterprise SoftwareIoTBarcelona, ES
David Carrera(Founder)inOscar Trullols-Cruces(Founder)in
Co-investorsWalter VenturesAkamai TechnologiesWayra
Nexmachina is a Spanish IoT operator that designs and deploys sensor networks using LoRaWAN, NB-IoT, WiFi and satellite connectivity for applications such as water, energy, environmental and infrastructure management.
CleantechCloud ComputingIoT
Fernando Presa(Founder)in
Ocean Eco Structures develops regenerative solutions for marine infrastructures to make ocean-based human activities more environmentally sustainable.
CleantechClimate TechDeep TechImpact & Social GoodBarcelona, ES
Ignasi FerrerinMireia de MasinAnna Lloverasin
Onirix is a web-based augmented reality platform that lets businesses create app-free AR experiences with proprietary tracking (image, rotation, world/SLAM, and spatial) on iOS and Android via a drag-and-drop studio and online code editor.
AdTechAI & Machine LearningEnterprise SoftwareSaaS
Co-investorsGoHub Ventures
Orbital provides monitoring and response solutions for oil spill incidents, built by team members with a decade of experience in the field with the Spanish Coast Guard.
AI & Machine LearningCleantechClimate TechEnterprise SoftwareSpace Tech
Overstory provides AI-driven vegetation intelligence for electric utilities, combining satellite and aerial imagery with local data like asset locations and wildfire maps to help them prioritize and plan vegetation management work.
AI & Machine LearningClimate TechEnergyLisbon, PT
Indra den Bakker(Co-founder)inFiona Spruill(CEO)inDoug Perrygo(CFO)inTamara Mendelsohn(COO)inBrian Lafayette(VP of Product & Strategy)inPeternille Dekker(Head of People)in
Co-investorsB Capital GroupB4 CapitalCerity Partners VenturesConvective CapitalEnergy Impact PartnersMoxxie Ventures+11 more
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PingThings provides a data science, machine learning, and cloud-based analytics platform, with expertise in anomaly detection and high-performance computing.
AI & Machine LearningCloud ComputingData & InfrastructureEnergyIoTWashington, US
Sean Patrick Murphy(Founder)inMichael BrowninPaul Winters(Director)Andrew Byrnes(Director)inAdam Carte(Director)
Co-investorsOxonian VenturesRaptor GroupSINEWAVE VENTURES
Pyro Fire Extinction is a Spanish technology company that develops solutions for wildfire monitoring, early detection, and risk management in critical environments, including its BseedWATCH platform combining forest sensors and 360° detection cameras and the MAK 5 long-term fire retardant.
Climate TechDeep TechIoTValencia, ES
Peak is an AI-powered platform that analyzes enterprise assets, personnel, and workflows in real-time to identify inefficiencies and optimize production performance across manufacturing, logistics, construction, and food processing operations.
Advanced ManufacturingAI & Machine LearningEnterprise SoftwareSaaS
Skootik is a consultancy that helps companies with data strategy and artificial intelligence implementation to optimize processes, reduce costs, and increase sales.
AI & Machine LearningData & InfrastructureEnterprise Software
Smarkia offers an energy management platform that uses precise consumption indicators to help clients reduce energy use, and can integrate additional operational metrics such as occupancy for clients like Paradores.
CleantechEnergySaaS
Javier L.(Founder)in
Co-investorsRepsol Energy Ventures
Stellar develops connectivity solutions for vehicles using cellular, Wi-Fi, and satellite technologies.
Cloud ComputingEnterprise SoftwareIoTMobility & TransportationSaaSSpace TechBordeaux, FR
Co-investorsGeneral AtlanticStripeWeatherford Capital
Synaptec develops sensor technology and solutions for the power sector.
CleantechEnergyHardware
Dr Philip Orr(Chief Executive Officer)Dr Neil Gordon(Chief Technology Officer)Stephen Allan(Chief Operations & Finance Officer)in
Co-investorsEquity GapForesightScottish Enterprise
Develops sustainable, efficient transportation technologies enabling travel at 1,000 km/h using renewable energy.
David Pistoni(Founder)in
Co-investorsRoad VenturesAngels Capital
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
5G Industrial Applications CompanyBuilding Energy Management Platform CompanyCybersecurity Awareness Training CompanyDeep Learning Automation CompanyDigital Coaching SaaS CompanyDigital Twins for Assets CompanyEdge Computing Security Platform CompanyEidsiva EnergiEmocionalEmpathic AI for Wellness CompanyEnergy Monitoring Platform CompanyEngineering Simulation Software CompanyGeospatial Infrastructure CompanyHyperloop Transportation TechnologiesKnowledge Management AI CompanyMontaNearby OneNEURODIGITALNLP and AI Solutions CompanyReinforced Concrete 3D Printing CompanyWildfire Monitoring CompanyYounicosZapiens
Portfolio news
latest coverage across their companiesFrequently asked questions
- How many investments has Elewit made?
- Elewit has 60 tracked investments, 1 of which have exited, including 1 dated in the last 24 months.
- What sectors does Elewit focus on?
- Elewit focuses on AI & Machine Learning, Cleantech, Climate Tech, Cybersecurity, Data & Infrastructure, Deep Tech, Energy, IoT, Mobility & Transportation, Robotics.
- Where is Elewit located?
- Elewit is headquartered in Madrid, ES.
- Who does Elewit co-invest with?
- Elewit most often shares deals with BStartup, Rockstart, B Capital Group, among 59 tracked co-investors.
Media · Podcasts & interviews
featuring the teamInterview with Elena de Benavides Jiménez, Open Innovation & Entrepreneurship Lead at Elewit - YouTube
EIT InnoEnergy · Elena de Benavides
Baterías de Mercadal (Baleares)
Red Eléctrica
28 de abril. Un año después
Red Eléctrica
Servicio de verificación e inspección de puntos de medida - consumidores tipo 1 y 2
Red Eléctrica
Iniciativa de Gestoras vecinales en Salto de Chira
Red Eléctrica
Images
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