Engie

ENGIE, a global energy and services group, operates a dedicated corporate venture capital arm known as ENGIE New Ventures. Established in 2014, this fund serves as a strategic investment vehicle to identify and support innovative startups that are at the forefront of the energy transition. Its primary objective is to foster the development of disruptive technologies and business models that align with ENGIE's long-term strategic goals in decarbonization, decentralization, and digitalization.

ENGIE New Ventures focuses its investments on a diverse range of sectors critical to the future of energy and sustainable living. Key areas of interest include renewable gases, green hydrogen, smart grids, energy efficiency solutions, energy flexibility, digital platforms for energy management, sustainable mobility, and smart city infrastructure. The fund typically provides first-cheque investments ranging from €1 million to €10 million, translating to approximately $1.08 million to $10.8 million based on current exchange rates, indicating a preference for early to growth-stage companies.

Since its inception, ENGIE New Ventures has demonstrated a robust investment pace, having invested in more than 30 startups across various geographies. The fund has committed a total of €180 million towards these ventures, underscoring ENGIE's significant financial commitment to fostering innovation outside its core operations. These investments are not merely financial, but also aim to create strategic partnerships, enabling ENGIE to integrate cutting-edge solutions and technologies into its global operations and service offerings, thereby accelerating its own transformation and market leadership in the energy sector.