EnBW New Ventures

About The Fund

EnBW New Ventures is the venture capital arm of EnBW Energie Baden-Württemberg, specializing in investments in European companies driving smart infrastructure solutions. With headquarters in Karlsruhe, Germany, the fund operates as a Corporate Venture Capital (Corporate VC) entity, engaging in seed, Series A, and Series B investment stages. They manage a 100 million evergreen fund and act as lead or co-investor, focusing on European startups that digitally and sustainably enhance infrastructure. Their investment stage targets are Series A and beyond, with ticket sizes ranging from 1 to 10 million euros for startups headquartered in Europe. They are a single Limited Partner (LP) VC investor, backed by EnBW Group, a corporation committed to the energy and mobility transition through secure and stable infrastructure, including renewable energy generation and trading, grid infrastructure, and a leading electric car charging infrastructure in Germany. EnBW New Ventures supports the vision of an all-electric world by investing in scalable business models that enable faster sustainable asset roll-outs and drive the energy and mobility transformation. Their current investment topics include sustainability reporting, carbon management, battery solutions, charging solutions, cybersecurity, and other digital solutions aiding sustainable infrastructure. They seek startups with SaaS business models in these areas to support and accelerate the shift to sustainable practices. The fund prides itself on working closely with founders to scale their businesses from the initial investment until the exit, providing support beyond capital, leveraging expertise, and offering a partnership approach, backed by the EnBW Group's competencies. Their portfolio includes companies in carbon management, augmented reality software for engineering, automated electric charging, cybersecurity, automated energy trading, and various other sectors aimed at improving sustainability and digitalization in infrastructure.