Fundraising Fox

EnBW New Ventures GmbH

Corporate VC

Karlsruhe · Series A–Growth · 18 people tracked

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Investment thesis

ENV invests in European startups that digitally enable and accelerate the energy and mobility transition, backing software and market-infrastructure solutions that support three major asset roll-outs: renewables, batteries, and the electrification of transport. It also targets enterprise software helping large corporates such as EnBW become more digital and efficient (data/AI, cybersecurity, cloud, AR, quantum), and flexibility solutions covering behind-the-meter optimization and flexibility monetization. Operating as a single-LP evergreen fund with a €100 million setup, ENV acts as lead or co-investor, takes board seats, and can reinvest profits and follow on into later rounds.

Source: firm website, verified Aug 3, 2026.

Stage
Series A–Growth
Check
$1.1M – $10.8M
HQ
Karlsruhe, DE
Leads rounds
Leads
Instruments
Equity
Founded
2016
AUM
$108M
Tracked investments
35

Team · 18 people

from the firm's website & curated & public directories
Markus Scharrer· Engagement Principalin
Pascal Beckers-Jaleta· Investment Principalin
Anke Gratz· Investment Managerin

Investment Manager at EnBW New Ventures.

Jeanette Giesel· Communications & Community Analystin
Mara Schwind· Communications & Community Managerin
Marc Umber· Head of Investmentsin

Contact person for several ENV portfolio companies including HOLO-LIGHT, Easelink and enspired.

Marcel Breithaupt· Finance Associatein
Pascal Beckersin

Contact person for the ENV portfolio company Sunhat.

Holger Wagner· Investment Directorin

Contact person for the ENV portfolio company Intigriti.

What they invest in

from 19 of 35 portfolio companies

Energy ×8SaaS ×8Cleantech ×7Enterprise Software ×7AI & Machine Learning ×6Climate Tech ×4Deep Tech ×4Cloud Computing ×3

HQs:Germany×8Austria×1Belgium×1Denmark×1France×1United States×1

Investments · 35 tracked

founders shown can be your intro path
Gevernovagevernova.comin𝕏NYSE: GEV

GE Vernova generates, transfers, and stores electricity through gas turbines, wind turbines, and grid modernization technologies.

CleantechClimate TechEnergy

THEVAtheva.com✓ verified

THEVA manufactures high-temperature superconductor wire and related components for industrial, power transmission, and renewable energy applications.

Advanced ManufacturingDeep TechEnergyNew MaterialsGermany, DE

Co-investorsBayern KapitalNovo HoldingsTarget Partners

3YOURMIND3yourmind.comin

3YOURMIND provides on-demand and additive manufacturing workflow software that lets companies build digital inventories of qualified parts, analyze printability and cost, and distribute production jobs to approved suppliers.

Advanced ManufacturingAI & Machine LearningHardwareSaaSBerlin, DE

Aleksander Ciszek(Co-founder)Stephan Kühr(Co-founder)Philip Korn(Chief Financial Officer)Jos Burger(Executive Chairman)William Cuervo(Vice President, North America)Anna Laura Casciaro(Vice President of People & Culture)

Co-investorsAM VenturesLBBW Venture Capital GmbHUVC PartnersAramco Ventures

ArrowPointcisco.comin𝕏Acquired

Cisco provides networking, data center, and security technology for enterprises, including infrastructure to run traditional and AI workloads and tools to keep organizations running against cyberattacks and outages.

Cloud ComputingCybersecurityEnterprise SoftwareIoTSan Jose, US

John ChambersinChuck Robbinsin

Co-investorsAccess Venture PartnersAllegisCyber CapitalAviv Venture CapitalBantam GroupCastile VenturesCeltic House Venture Partners+31 more

Auxxo Female Catalyst

Fund co-investing in female-founded pre-seed and seed stage startups in Europe.

Auxxo Female Catalyst Fund

Fund co-investing in female-founded pre-seed and seed stage startups in Europe.

babelforce

Automates call center processes through integration of existing systems.

Cleverciticleverciti.comin𝕏

Cleverciti provides AI-based parking intelligence systems that detect available parking spaces in real time and offer drivers turn-by-turn guidance, using occupancy and payment data.

AI & Machine LearningIoTMobility & TransportationPropTechMunich, DE

Thomas Hohenacker

Co-investorsThe Westly GroupKfW

Cozerocozero.ioin𝕏

Cozero provides an enterprise software platform that integrates carbon emissions accounting, reduction planning, and regulatory reporting in a single system.

CleantechClimate TechEnterprise SoftwareSaaS

Co-investorsVireo Ventures

CYCLE

Full-service e-bike fleet rental and management subscription for large-scale customers.

Deepomaticdeepomatic.com

AI platform automating quality control and reporting of field services through video footage analysis.

Co-investorsOrbia Ventures

DZ4

Solar-as-a-service leasing model including solar power systems and battery storage.

Easelink

Developer of Matrix Charging, an automated conductive charging standard for electric vehicles.

Co-investorsSET VenturesVERBUND X Ventures

Elephant

AI-powered frontline excellence platform combining mobile training, an AI assistant and communication for operational companies.

Enbwenbw.comin

EnBW is an energy provider offering electricity, gas, heating, and EV charging tariffs to consumers, along with green electricity, e-mobility, solar, and storage products.

CleantechClimate TechEnergy

enspiredenspired-trading.comin

enspired is an energy technology company that operates an AI-powered optimization platform for trading battery energy storage systems (BESS), helping battery asset owners maximize revenues and integrate renewable flexibility into the grid.

AI & Machine LearningCleantechEnergy

Jürgen Mayerhofer(CEO & Co-founder)

Co-investors360 CapitalBerliner Volksbank VenturesEmerald Technology Ventures AgFuture Energy VenturesPUSH VenturesRedstone+2 more

ETF Partnersetfpartners.capital

VC fund (founded 2006) supporting entrepreneurs with investment capital and experience.

Co-investorsKfW CapitalTesi (Finnish Industry Investment Ltd)

Flexechargeflexecharge.comin

FlexeCharge develops software for EV charging energy and load management, helping Charge Point Operators and solution providers address grid constraints, reduce energy costs, and create new revenue streams.

CleantechEnergyMobility & TransportationSaaS

Co-investorsGreencode VenturesVireo Ventures

Greenbird

Platform enabling companies to capture, consolidate and process data from diverse IT systems.

gridscalegridscale.ioin𝕏

gridscale provides hyperconverged infrastructure and cloud services that enable mid-market enterprises to run private and public cloud workloads without vendor lock-in.

Climate TechCloud ComputingData & InfrastructureDeep TechEnterprise SoftwareFrankfurt, DE

TorstenHenrik Hasenkamp(Founding Member (Gründungsmitglied))Carsten DittmannMarc Dittmann

Co-investorsEnjoyventure Management

Handelsblatthandelsblatt.comin𝕏

Handelsblatt Invest is a weekly podcast for professional investors and ambitious private investors, hosted by Handelsblatt reporter Astrid Dörner, featuring interviews with international experts on capital-market trends.

Media & Entertainment

Co-investorsb2ventureFirst Momentum

Hololighthololight.comin

Hololight provides a centralized platform for hosting, managing, and streaming AR and VR applications to enterprise headsets from cloud or on-premises infrastructure.

Deep TechEnterprise SoftwareHardwareSaaSInnsbruck, AT

Florian HaspingerAlexander WerlbergerSusanne HaspingerLuis BollingerIsabella Doppler

BoardAndreas König

Co-investorsBayern KapitalCipio PartnersFuture Energy Ventures

Intigritiintigriti.comin𝕏

Intigriti operates a bug bounty platform that connects security researchers with organizations to identify and remediate vulnerabilities.

CybersecuritySaaSBelgium, BE

Stijn Jans(Founder)in

Co-investorsETF PartnersOctopus Ventures

Lumenazalumenaza.dein

Lumenaza provides a SaaS platform for energy utilities, suppliers, and new market entrants to manage direct marketing, billing, customer relationships, and grid operations in the German energy market.

EnergyEnterprise SoftwareSaaSBerlin, DE

Bernhard Böhmer(Founder)Christian Chudoba(Founder)Dr. Christian Chudoba(CEO)

Co-investorsFirst Imagine!Future Energy Ventures

Ovhcloudovhcloud.comin𝕏

OVHcloud provides cloud computing infrastructure and hosting solutions including public cloud, dedicated servers, and hybrid approaches for various workloads such as website hosting, e-commerce, and big data applications.

Circular EconomyCloud ComputingData & InfrastructureEnterprise SoftwareRoubaix, FR

Co-investorsTowerBrook

replex

Analyzes and optimizes utilization of data centers and multi-cloud environments.

Spoorspoor.aiin

Spoor is a biodiversity technology company that uses AI-powered computer vision to monitor bird activity around wind farms, helping developers and operators manage environmental risks during permitting, construction, and operations.

AgTechAI & Machine LearningCleantechEnergy

Co-investorsSET VenturesSuperorganism

Subrasubra.dkin

Subra develops scalable superconductor solutions aimed at improving energy transmission and infrastructure.

CleantechDeep TechEnergy

Sunhat

Platform for mapping sustainability requirements and managing associated projects and tasks.

Validaitorvalidaitor.comin

Validaitor provides an AI trust and risk management platform that tests, identifies, and mitigates risks in both traditional machine learning and generative AI systems.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaS

vialyticsvialytics.dein𝕏

vialytics offers an AI platform and web system that lets municipalities capture road condition and road inventory data by driving, with a camera taking geotagged images every few meters that an algorithm classifies into damage categories.

AI & Machine LearningGovTechSaaSWürzburg, DE

Co-investorsActon Capital

Vireo Electrification

EuVECA venture fund managed by Vireo Ventures investing in early-stage electrification/energy transition companies.

Vireo Venturesvireo.vcin

Vireo Ventures is a seed and pre-seed venture capital firm that invests in European technology startups in the energy and mobility sectors, focusing on digital solutions for energy system transformation and sector coupling.

Co-investorsSaxoventVERBUND X Ventures

Vivacity

Sensors and analytics collecting anonymous traffic data to optimize urban transport networks.

Volytica

Cloud-based battery analytics platform to analyze battery condition and simulate performance without extra hardware.

Co-investorsAtlantic

Exits · 1

IPOs and acquisitions across the tracked portfolio

GevernovaNYSE: GEV

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has EnBW New Ventures GmbH made?
EnBW New Ventures GmbH has 35 tracked investments.
What stage does EnBW New Ventures GmbH invest at?
EnBW New Ventures GmbH invests at the Series A, Series B, Series C, Growth stages.
What is EnBW New Ventures GmbH's typical check size?
EnBW New Ventures GmbH typically writes checks of $1.1M – $10.8M.
What sectors does EnBW New Ventures GmbH focus on?
EnBW New Ventures GmbH focuses on Advanced Manufacturing, AI & Machine Learning, Cleantech, Climate Tech, Cloud Computing, Cybersecurity, Data & Infrastructure, Energy, Enterprise Software, Mobility & Transportation, New Materials, Quantum Computing, SaaS.
Where is EnBW New Ventures GmbH located?
EnBW New Ventures GmbH is headquartered in Karlsruhe, DE.
Does EnBW New Ventures GmbH lead rounds?
Yes, EnBW New Ventures GmbH leads investment rounds.
Who does EnBW New Ventures GmbH co-invest with?
EnBW New Ventures GmbH most often shares deals with Future Energy Ventures, Bayern Kapital, SET Ventures, among 64 tracked co-investors.

Images

EnBW New Ventures GmbH photoEnBW New Ventures GmbH photo

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