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Future Energy Ventures Management

Future Energy Ventures Management

Berlin, Germany·Founded 2016··fev.vc

Future Energy Ventures is a Berlin-based independent energy-technology venture capital firm, founded in 2016 as the joint corporate venturing unit of E.ON and RWE/innogy and spun out of E.ON as an independent manager in 2022, with E.ON remaining anchor investor. It backs digital, asset-light energy-transition startups across Europe, North America and Israel from late-seed to Series B, investing roughly EUR 1-10 million per company in grid, storage, e-mobility, smart-building and climate technologies. In November 2025 it closed its first independent fund, Fund II, at EUR 205 million alongside a separate EUR 30 million CDP-financed Italian sidecar, following the original circa EUR 300 million E.ON/RWE corporate fund set up in 2016.

AUM
–
Funds
2
vintages 2016–2025
Portfolio
11
Exits
1

Future Energy Ventures Management is a Berlin venture capital firm with 11 active companies and 1 exit.

SectorsEnergyTMT

Sector breakdown

12 companies
ClimateTech
7 · 58%
Energy
2 · 17%
AI/ML
1 · 8%
MedTech
1 · 8%
Mobility
1 · 8%

Geography breakdown

7 geographies
US
4 · 33%
Germany
3 · 25%
Austria
1 · 8%
Switzerland
1 · 8%
Poland
1 · 8%
Denmark
1 · 8%
UK
1 · 8%

Key facts

HQBerlin, Germany
Founded2016
Employees16+
Websitefev.vc

Recent exits

Vinli

Future Energy Ventures Management sold Vinli to Sofico in 2026 after 7 years.

Coverage notes

2 funds tracked, 12 portfolio companies (11 active · 1 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund Future Energy Ventures Management has raised, with its portfolio companies. Hand-checked from public filings.

2 funds
Future Energy Ventures Fund II
VC2025€205M8 assets

Unrealized

8 held
CompanyEntry
Chloris Geospatial
ClimateTech · US
2025
enspired
ClimateTech · Austria
2025
Feld Energy
Energy · Germany
2025
GridCARE
ClimateTech · US
2026
Jua
AI/ML · Switzerland
2025
Pstryk
ClimateTech · Poland
2026
Reel
ClimateTech · Denmark
2026
Station A
ClimateTech · US
2025
Future Energy Ventures IHarvesting
VC2016€300M3 assets1 exits

Unrealized

3 held
CompanyEntry
Piclo
Energy · UK
2023
reev
MedTech · Germany
2024
tado
ClimateTech · Germany
2018

Realized

1 exit
CompanyEntryExitTypeBuyerMOIC
Vinli
Mobility · US
20192026Trade SaleSofico–

About Future Energy Ventures Management

Future Energy Ventures (FEV) is the largest European VC advisor dedicated to digital, asset-light energy-transition technologies with approximately €110 million plus of assets under management as of December 2024 (Fund I plus first close of Fund II during 2024, total platform reaching approximately €235 million after Fund II final close in November 2025), headquartered in Berlin. The firm originated in 2016 as the E.ON and innogy Innovation Hub before spinning out of E.ON as an independent VC advisor in 2022-2023, with E.ON SE and the European Investment Fund as anchor LPs alongside KfW Capital, ABN AMRO and strategic energy and industrial investors.

Investment thesis

Future Energy Ventures deploys capital through two funds (Fund I plus Fund II, with a dedicated €30 million Italy side fund), targeting early- to growth-stage venture capital in digital, asset-light energy-transition technologies with a Series A focus. Sector focus spans grid and flexibility management, e-mobility, building and industrial electrification, energy AI and software and climate data. Geographic deployment is Europe core (Germany, broader EU) with selective global exposure. The platform was born inside E.ON and is now independently backed by a utility-and-institutional LP base.

Recent activity

Recent realised exits include proptech and building tech (2024) plus energy-tech portfolio acquisitions (2024-2025). Recent acquisitions include energy AI and weather-modeling (2025), spatial-computing for energy (2025) and metering and building energy (KUGU, 2024). The platform continues active deployment of Fund II across the digital energy-transition mandate.

Frequently asked questions

What investment strategy does Future Energy Ventures Management focus on?
Future Energy Ventures Management focuses on VC strategies in the private equity space.
How many portfolio companies does Future Energy Ventures Management have?
Future Energy Ventures Management has 11 active portfolio companies and 1 completed exit and 2 funds tracked on GP Intel.
Where is Future Energy Ventures Management headquartered?
Future Energy Ventures Management is headquartered in Berlin, Germany.
When was Future Energy Ventures Management founded?
Future Energy Ventures Management was founded in 2016.
What sectors does Future Energy Ventures Management invest in?
Future Energy Ventures Management invests across Energy, TMT.
What are Future Energy Ventures Management's recent exits?
Recent realized exits by Future Energy Ventures Management include: Vinli (2026) to Sofico.
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Last updated March 2026 · Sourced from public filings · Report an issue