Engie New Ventures
ENGIE New Ventures (ENV) was founded in 2014 as the corporate venture arm of the global energy provider ENGIE. This €166 million fund is dedicated to making minority investment in technology startups driving the energy transition.With offices in Paris San Francisco, ENV’s strategic fund-to-fund portfolio is one element of ENGIE’s multi-pronged strategies to rein-vision existing business models and spark new opportunities in the rapidly changing energy sector. To date, ENV has deployed capital across 20 investments worldwide, with an emphasis on Europe, North America, Israel and Asia.
ENGIE New Ventures objective is to create a mutually beneficial relationships with startups and companies at development to expansion phase with differentiating technology or an innovative business model in energy transition :
• Distributed energy
• Home comfort & energy efficiency
• Smart cities
• Green mobility
As ENGIE's corporate venture capital fund, ENGIE New Ventures seeks not simply to invest financially in startups, but to create real partnerships with a view to long-term collaboration in which the creativity and flexibility of the newcomer combine with the strength and resources of a large group.