InnoEnergy is industrialising cleantech innovation to enable and grow a global net zero economy. Active in Europe and the US, the company invests in early stage startups and the current and future workforce, building resilient cleantech value chains that drive sustainable economic growth. Through its ecosystem – with 1,400 partners including 39 shareholders spanning industry, finance, public policy, and academia – the company scales the energy transition at speed. Since 2010, InnoEnergy has supported 540+ companies, helping to grow 4 into industrial unicorns, including French battery cell manufacturer Verkor and green steel producer Stegra from Sweden. These companies have raised more than €34 billion, created 47,000+ jobs and secured €943 million in revenue. They are also on track to reduce 2.3 gigatons of CO2e and save €13.5 billion in energy costs by 2030. Currently, InnoEnergy is invested in 160+ startups and scaleups. In support of the EU’s climate and industrial goals, InnoEnergy leads industrial alliances in batteries and solar, and accelerates the uptake of green hydrogen. InnoEnergy's portfolio includes Suena Energy, ROSI Solar, Skeleton and Ecop.
SET Ventures has been Europe’s leading energy tech VC since 2007. In that time, the energy transition has matured from a linear shift into a super cycle reshaping how we live, work and move. As energy evolves from hardwired, centralised technologies to digital systems, we need a new class of companies to boost efficiency and open new markets. These are the companies we back. Those that shape the new digital energy economy. Almost 20 years later, we’re proud to not only have raised our fourth fund totalling €200M, but to have helped turn the energy transition from an afterthought into a global movement. Our active portfolio companies include: Instagrid, Hydrogrid, Optics11, Tibo Energy, Green Eagle Solutions and Spoor.
















