Amsterdam · Seed–Growth · 25 people tracked
Investment thesis
SET Ventures invests in companies building the new digital energy economy. It views the energy transition as a supercycle that is reshaping how people live, work and move, with energy shifting from centralized, hardwired technologies toward digital systems. The firm backs a new class of companies that use digital innovation to improve efficiency and open new markets within this evolving energy landscape.
Source: firm website, verified Aug 3, 2026.
Team · 25 people
from the firm's websiteFounder mafia
3 people who came through SET Ventures went on to found or lead other companies.
What they invest in
from 26 of 38 portfolio companiesEnergy ×20Cleantech ×17AI & Machine Learning ×6Hardware ×6IoT ×6SaaS ×6Enterprise Software ×3Mobility & Transportation ×3
HQs:Germany×8Netherlands×5Austria×1Canada×1France×1United Kingdom×1
Investments · 38 tracked
founders shown can be your intro pathGeneral Fusion develops Magnetized Target Fusion (MTF) technology, combining plasma physics, mechanical compression, and liquid metal systems to build a practical, cost-competitive fusion power plant.
CleantechDeep TechEnergyBurnaby, CA
Michael Laberge(Executive Officer)Nathan Gilliland(Executive Officer, Director)Susan Koch(Executive Officer)Greg Twinney(Executive Officer, Director)Megan Wilson(Chief Strategy Officer)Norman Harrison(Director)
Co-investorsBraemar Energy VenturesChrysalixEvolution VC PartnersHelium-3 VenturesJIMCONew Ground Ventures+4 more
Co-investorsVNT Management
Developer of Matrix Charging, an automated conductive charging standard for electric vehicles.
Co-investorsEnBW New Ventures GmbHVERBUND X Ventures
Co-investorshenQ vc
EnOcean develops energy-harvesting wireless technology that converts ambient energy into power, enabling battery-free devices and sensors for smart building automation.
CleantechEnergyHardwareIoTOberhaching, DE
Co-investorsEmerald Technology Ventures AgEnjoyventure ManagementInnovation Industries
Enrise helps property owners and asset managers transform unused spaces like parking lots and rooftops into on-site solar energy production for self-consumption, reducing energy costs and carbon footprint while ensuring regulatory compliance.
CleantechEnergyPropTech
Co-investorsAFI VenturesRing Capital
ESFORIN provides short-term electricity and gas flexibility marketing services for industrial facilities, utilities, renewable energy generators, battery storage operators, and aggregators.
AI & Machine LearningEnergyEnterprise Software
Christian Hövelhaus(Co-founder)Christoph Gardlo(Co-founder)
Etpa operates an electricity exchange that provides trading infrastructure for companies in energy markets, supporting the transition to renewable energy.
CleantechClimate TechEnergyFintech
Co-investors4impact capital
Evinox designs, manufactures, installs and maintains smart heat network hardware such as Heat Interface Units, Cooling Interface Units and prefabricated utility cupboards, along with its SmartTalk energy-management platform for real-time monitoring and control.
CleantechEnergyHardware
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 InnoEnergyElewitRockstart
Frequenz provides a platform and edge AI controllers to configure, operate, and orchestrate microgrids and distributed energy resources, including real-time monitoring, forecasting, and automated trading across energy markets.
AI & Machine LearningEnergyIoT
Co-investors468 Capital
Fuchs & Eule advises decision-makers in the real estate industry on preserving and increasing property value through data-based portfolio screening, energy retrofit consulting, and funding/subsidy management.
CleantechEnergyPropTechBerlin, DE
Lina Adrian(Founder)inRobin Behlau(Founder)inDr. Friso Zimmermann(Founder)inCleantech Energy PropTech Lina Adrian(Founder)Friso Zimmermann(Co-Founder)Matthias Kube(Co-Founder)
Co-investorsGET FundPICUS CAPITALRealyze Ventures
Green Eagle Solutions builds ARSOS, a cloud-based automation and SCADA platform for renewable energy operators that monitors assets, applies rule-based logic, and autonomously executes commands such as curtailments, fault resets, and setpoint dispatch across a fleet.
CleantechEnergySaaS
Co-investorsKibo Ventures
GreenFlux provides an eMobility software platform for managing EV charging operations at scale, including charge point management, smart energy management, and billing and payments.
EnergyMobility & TransportationSaaS
Co-investorsBOMEneco Ventures
HYDROGRID provides an investment simulation platform for hydropower operators and developers to evaluate capital decisions including turbine upgrades, reservoir expansions, and M&A opportunities using real-time data and hourly-granularity modeling.
AI & Machine LearningEnergyEnterprise SoftwareSaaS
Co-investorsInven CapitalKarma Ventures
Instagrid makes portable, battery-based power systems that deliver silent, zero-emission on-demand electricity as an alternative to combustion generators.
CleantechEnergyHardware
Andreas Sedlmayr(Founder)
Co-investorsblueworld.groupEnergy Impact PartnersTeachers' Venture Growth
3D printing prescription lenses
Co-investorsGET FundInnovation IndustriesMunich Venture Partners
Easelink develops Matrix Charging, an automated conductive charging system for electric vehicles that connects cars to the grid via a floor pad when parked over it, removing the need for cables.
CleantechHardwareMobility & Transportation
Co-investorsHermann Hauser InvestmentVERBUND X Ventures
metergrid provides software and end-to-end services for "Mieterstrom" (tenant electricity) projects, letting property owners sell rooftop solar power directly to tenants in multi-family buildings.
CleantechEnergyPropTech
Co-investorsLBBW Venture Capital GmbH468 CapitalMätch VC
Optics11 develops fiber-optic sensing systems designed for harsh operating environments, providing ultra-sensitive, low-power monitoring of temperature, pressure, strain, and vibration.
Deep TechDefense TechHardwareAmsterdam, NL
Grzegorz(Technical leadership (Optics11))inHanneke(Chief People Officer)inDaniel(Leadership (underwater security))in
Co-investorsJoin CapitalFORWARD.oneValue Creation Capital
Sefaira offers a cloud-based platform for building performance analysis, letting architects and design teams model geometry in SketchUp and run annual energy and daylighting simulations using EnergyPlus and Radiance.
CleantechConstruction TechSaaS
Co-investorsBraemar Energy Ventures
Sensorfact offers sensors and a software platform for factories to monitor machine-level electricity, gas, water, and compressed-air usage, machine condition, OEE, and temperature.
Advanced ManufacturingEnergyIoT
Co-investorsFORWARD.oneKorys
sonnen builds home energy systems centered on the sonnenBatterie storage unit, along with EV chargers, electricity tariffs, heat pump integration and an app for managing solar energy production and consumption.
CleantechEnergyHardware
Co-investorseCAPITAL ENTREPRENEURIAL PARTNERSeCapital Entrepreneurial Partners AGGET FundInven CapitalMunich Venture Partners
Spoor AI provides continuous AI-powered monitoring of bird and bat activity at wind farms using buoy-mounted camera systems and computer vision to detect and classify wildlife.
AI & Machine LearningCleantechEnergy
Co-investorsEnBW New Ventures GmbHSuperorganism
Tibo Energy provides an autonomous energy management system (EMS) that forecasts price, weather, and consumption 48 hours ahead and recalculates a control schedule for a site's energy assets—such as EV chargers, solar panels, batteries, and boilers—every five minutes.
AI & Machine LearningCleantechEnergy
Co-investorsHitachi VenturesKOMPAS VCSpeedinvest
Exits · 2
IPOs and acquisitions across the tracked portfolioGeneral FusionNASDAQ: GFUZSensorfactacq. by ABB
Portfolio news
latest coverage across their companiesGeneral Fusion · investing.com · Aug 18, 2026
Galvany · finsmes.com · Jun 8, 2026
Spoor · arcticstartup.com · Jan 8, 2026
Optics11 · optics11life.com · Sep 30, 2025
Tibo · setventures.com · Sep 12, 2025
Enrise · costar.com · Jul 15, 2025
Frequently asked questions
- How many investments has SET Ventures made?
- SET Ventures has 29 tracked investments, 1 of which have exited via acquisition or IPO.
- What stage does SET Ventures invest at?
- SET Ventures invests at the Seed, Series A, Series B, Growth stages.
- What is SET Ventures's typical check size?
- SET Ventures typically writes checks of $2M – $5M.
- What sectors does SET Ventures focus on?
- SET Ventures focuses on AI & Machine Learning, Cleantech, Climate Tech, Cybersecurity, Data & Infrastructure, Deep Tech, Energy, Enterprise Software, Impact & Social Good, IoT, Mobility & Transportation, Robotics.
- Where is SET Ventures located?
- SET Ventures is headquartered in Amsterdam, NL.
- Does SET Ventures lead rounds?
- Yes, SET Ventures leads investment rounds.
- Who does SET Ventures co-invest with?
- SET Ventures most often shares deals with Braemar Energy Ventures, EnBW New Ventures GmbH, GET Fund, among 32 tracked co-investors.
From the blog
visit blog ↗Media · Podcasts & interviews
featuring the teamAnton Arts, Set Ventures
Invest Europe · Anton Arts
Why invest in Oslo? Julia Padberg, SET Ventures
Oslo Business Region · Julia Padberg
Leaders in Cleantech #134 - Anton Arts SET Ventures
Leaders in Cleantech podcast · Anton Arts
Till Stenzel pitches SET Ventures
Ecosummit · Till Stenzel
Anton Arts pitches SET Ventures
Ecosummit · Anton Arts
Images
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