Repsol Energy Ventures

Repsol Energy Ventures, operating primarily under the umbrella of Repsol Corporate Venturing, serves as the strategic venture capital arm of Repsol, a global multi-energy company headquartered in Madrid, Spain. Established to foster innovation and accelerate the energy transition, this corporate venturing unit plays a crucial role in Repsol's ambitious goal of achieving net zero emissions by 2050. Its investment thesis is deeply aligned with Repsol's core business and future strategic pillars, seeking out disruptive technologies and business models that can contribute to a more sustainable energy future.

The unit primarily targets early-stage startups, encompassing Seed, Series A, and Series B rounds. Repsol Corporate Venturing focuses its investments across key strategic areas vital to the energy sector's evolution, including decarbonization technologies, circular economy solutions, advanced digitalization, and novel energy solutions. Financially, Repsol Corporate Venturing typically provides initial investments ranging from approximately $1.08 million to $10.8 million, demonstrating a commitment to substantial early-stage support. The program has evolved since its inception, with an initial fund of 85 million euros launched in 2016, followed by an additional 40 million euros committed in 2021, underscoring Repsol's sustained dedication to external innovation.

Beyond capital, Repsol Energy Ventures aims to offer strategic value to its portfolio companies by leveraging Repsol's extensive industrial expertise, global reach, and operational capabilities. This approach facilitates the scaling of innovative solutions and integrates them into Repsol's value chain, creating mutual benefits. The venture arm actively seeks partnerships with startups that can enhance Repsol's operational efficiency, develop new energy products and services, and contribute to the broader energy transition landscape. Their commitment extends to fostering a vibrant ecosystem of innovation, working collaboratively with entrepreneurs to bring groundbreaking ideas to market and address the complex challenges of the energy sector.