Founded in 2022 VERBUND X Ventures is the Corporate Venture Unit of VERBUND AG. Our goal is to build a more sustainable future by scouting and supporting innovative startups in the energy market all over Europe. Together with our portfolio companies, we want to boost the energy transition by setting new standards for renewable power.
VERBUND X Ventures seeks to invest in early-stage startups all over Europe that accelerate the energy transition.
up to € 2.5 mn for initial investments (Role: (Co-)Lead Investor, Co-Investor)
We invest in startups during their early stages, primarily focusing on Seed and Series A funding rounds.
Cutting-edge solutions to advance electrification and decarbonization.
Based in Europe
We envision the future of energy centered around key focus areas, and we aim to invest in innovative solutions within each of them.
Outlook: By 2030, 80% of new global electricity capacity will come from renewables, half of that from PV sources. This will result in nearly 500 GW of additional solar PV capacity worldwide.
Fokus: We are looking for cutting-edge technologies that enhance the efficiency of sustainable energy production and facilitate the transition to cleaner energy sources.
Exemplary Venture Use Cases:
Outlook: The global energy storage market is projected to grow 15-fold by 2030 from 2021 levels, with grid-scale battery systems increasing by over 1,100 GWh worldwide
Focus: We are seeking innovative solutions that target crucial aspects of energy optimization and management, including smart grid enhancements that improve grid flexibility.
Exemplary Venture Use Cases:
Outlook: The future of mobility will be intelligent, seamless, and sustainable, driven by micro- and shared mobility. By 2027, the shared mobility user base is projected to hit 5.09 billion.
Focus: We are looking for technologies that accelerate the adoption of electric vehicles, optimize the existing infrastructure, and promote shared electric mobility.
Exemplary Venture Use Cases:
VERBUND X Ventures embraces an “Entrepreneur-first” approach, providing hands-on support to startups as needed.
We provide growth investments to fuel the expansion and scaling of innovative startups, ensuring they have the necessary financial resources.
We possess exceptional expertise in the energy sector, drawing on our experience as Austria’s leading energy provider.
We connect startups with a network of industry leaders, partners, and investors, creating opportunities for growth.
We provide on-demand, hands-on support from our venture team, offering mentorship to startups as needed to help them navigate their growth journey.
- We are committed to foster long-term partnerships with our business units from VERBUND to help startups succeed over the long haul.
