Investor Type | Firm |
Type of Fund | VC |
Industries | Energy • IoT (& Wearables) • A.I. (& Big Data) • HealthTech (& Fitness) • Material Science |
Stages | Startup, Early Stage, Expansion, Seed |
Investing | United Kingdom • Germany • Netherlands • Israel • Europe |
Investment Range | €500,000 - €12,840,000 |
Assets Under Management | €50,000,000 |
SET Ventures is a venture capital firm with a specialization in the energy sector, investing in intelligent software and service solutions that are combined with hardware components. As a European VC, SET Ventures focuses on companies that encourage the digitalization of the energy industry and drive the transition to a carbon-free energy system. They target fast-growing companies in Europe that enter their growth stage with scalable smart energy business models. SET Ventures invests mainly in the areas of Distributed Energy Systems, Digital Utilities, AI & Enabling Technologies, Industrial Energy Management, Built Environment, and Mobility & Transport. With an investment strategy centered on initial funding rounds like seed, early-stage, and expansion, the firm looks for startups in sectors such as Energy, IoT, Wearables, A.I., Big Data, HealthTech, Fitness, and Material Science. They typically invest an average of 6 million euros per company. SET Ventures was founded in 2007 with the headquarters situated in Keizersgracht 756, 1017 EZ Amsterdam, The Netherlands. The firm manages assets worth 50 million euros and has an investment range between 500,000 to 12,840,000 euros. The key mission of the firm is to back innovators with capital, community, and insights to achieve net zero energy. They believe that global CO2 footprint awareness, the technological capability to go carbon-free, and digital layers creating value in energy are crucial in this process. SET Ventures aims to support businesses with visionary products and services that can lead to mass adoption of existing renewables and emphasizes on digital companies that leverage data to maximize value within the physical energy infrastructure.
We invest in Smart Energy System Solutions: business cases involving intelligent software and/or services, combined with hardware components, impacting the future energy system We classify these investment opportunities as Smart Energy System Solutions This integration between Generation, Use, Storage and Transmission is being facilitated by the digitalisation of the energy industry We look for innovative European startups entering their growth-stage, with scalable smart energy business models that can impact the energy system transition. We Invest on average €6M per company to activate and support their growth