Investor Type | Firm |
Type of Fund | Corporate VC |
Industries | Energy • CleanTech • Blockchain (& Cryptos) • Material Science |
Stages | Early Stage, Expansion, Later Stage,M&A, Seed |
Investing | United States • France • Israel • Belgium • Europe • Asia |
Investment Range | €2,000,000 - €10,000,000 |
Assets Under Management | €180,000,000 |
ENGIE New Ventures (ENV) is the corporate venture capital (CVC) arm of ENGIE, strategically headquartered in Paris, Ile-de-France, France. With a focus on sectors such as Energy, CleanTech, Blockchain, Cryptos, and Material Science, ENV operates with a clear investment thesis to foster the energy transition towards a more sustainable future by supporting innovative startups through financial investments and strategic collaboration. With assets under management worth €180 million, ENGIE New Ventures primarily targets early-stage, expansion, later-stage, as well as seed rounds, and is keen on opportunities that lead to mergers and acquisitions. Their investment size ranges from a minimum of €2 million to a maximum of €10 million, showcasing a dedication to substantial and meaningful engagements in their portfolio companies. The firm is built on an open innovation mindset, connecting with entrepreneurs, and delivering new products and services that complement ENGIE's existing activities. Since its inception in 2014, ENGIE New Ventures has invested in more than 50 innovative startups, aiming to create strategic collaborations that benefit both ENGIE Group and the entrepreneurial ventures they support. This corporate VC firm is a pivotal component of ENGIE's broader commitment to digitize, decarbonize, and decentralize energy, elucidating their role in pioneering research, innovation, and investment in cleantech energy companies that are set to scale their technological advancements globally.