EnBW New Ventures
EnBW New Ventures (ENV) is the corporate venture capital arm of German utility EnBW, founded in 2015 and based in Karlsruhe. It invests from a EUR 100M evergreen balance-sheet vehicle in European Series A and growth-stage startups making energy and infrastructure digital and sustainable, spanning renewables, batteries, transport electrification, power grids and enterprise software. It writes EUR 1-10M tickets as lead or co-investor and has backed 23 startups with 8 exits, plus four VC funds.
Key facts
Recent exits
Coverage notes
1 fund tracked, 24 portfolio companies (16 active · 8 realized). Verified weekly from public filings and deal announcements.
Sector breakdown
24 companiesFunds & portfolio
Every fund EnBW New Ventures has raised, with its portfolio companies. Hand-checked from public filings.
EnBW New Ventures Evergreen VehicleEvergreenActive2015 · 11yr€100M16 active · 8 realized
Unrealized
16 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| SaaS |  Germany | 2020 | |
| SaaS | Germany | 2022 | |
| SaaS | Germany | 2024 | |
| Mobility | Germany | 2023 | |
| Mobility |  Austria | 2022 | |
| Software | Germany | 2026 | |
| Energy | Austria | 2021 | |
| ClimateTech |  Denmark | 2025 | |
| Deep Tech | Austria | 2019 | |
| Cybersecurity |  Belgium | 2022 | |
| ClimateTech |  Norway | 2025 | |
| SaaS | Germany | 2024 | |
| Software | Germany | 2025 | |
| SaaS | Germany | 2023 | |
| Mobility |  UK | 2023 | |
| Energy | Germany | 2023 |
Germany· Entry 2020Germany· Entry 2022Germany· Entry 2024Germany· Entry 2023Austria· Entry 2022Germany· Entry 2026Austria· Entry 2021Denmark· Entry 2025Austria· Entry 2019Belgium· Entry 2022Norway· Entry 2025Germany· Entry 2024Germany· Entry 2025Germany· Entry 2023UK· Entry 2023Germany· Entry 2023Realized
8 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Mobility | Germany | 2018 | 2025 | Trade Sale | – | ||
| Software |  France | 2022 | 2025 | Trade Sale | – | ||
| Energy | Germany | 2019 | 2022 | Trade Sale | – | ||
| Software | Norway | 2020 | 2023 | Trade Sale | – | ||
| Cloud Infrastructure | Germany | 2019 | 2023 | Trade Sale | – | ||
| Energy | Germany | 2016 | 2021 | Trade Sale | – | ||
| Cloud Infrastructure | Germany | 2017 | 2021 | Trade Sale | – | ||
| Deep Tech | Germany | 2017 | 2026 | Trade Sale | – |
Saved GPs appear in your watchlist, one click from your workspace.
Investment team
Senior partners. Hand-checked from public filings and the firm's own site.
Similar firms
Other private equity firms tracked on GP Intel.
Germany·€100M
Germany·€100M
Germany·€105M
Germany·€94M
Germany·€90M
Germany·€80M
Germany·€120M
Germany·€76M
Germany·€75M
Germany·€125M
Germany·€125M
Germany·€128MGet the full picture on EnBW New Ventures.
Free. No credit card. 30 seconds. Exit buyers and MOIC on Pro.
Already a member? Sign in