We are committed to shape the energy sector!
What we look for? Game changers!
We are the venture capital arm of EDP, investing in early-stage tech startups working in the energy space and willing to impact the life of millions of people. We support and stimulate the open innovation process in the energy sector, challenging our own business units to continually look for bold solutions.
Our investment priorities
What we offer
Early stage tickets
We invest from 1M€ to 10M€ seed to series B always assuming minority positions
Network Access
We connect founders to a wide network of co-investors and potential customers in the utility sector
Knowledge Access
We provide access to our assets, business units & industry experts worldwide
Worldwide Footprint
We invest worldwide and have investment teams in Lisbon, Madrid & São Paulo with 150M€ of funds under management
Portfolio of companies that contribute for our purpose of leading the energy transition
Portfolio
77Sol
Marketplace for solar projects sales with modular solutions for solar project management, solar equipment retail, access to credit lines, and post-sales monitoring.
APERIO
APERIO Systems solution helps operators and vendors of critical control systems (such as power plants or autonomous vehicles) to enhance their resilience against cyber threats. Unlike traditional solutions, APERIO Systems not only detects attacks, but also pinpoints malicious data manipulation.
APLANET
Offers sustainability tech solutions for organisations to easily manage, track and showcase their ESG (environmental, social and governance) criteria. APlanet eliminates the challenges around sustainability data and initiatives management. The platform allows companies to improve operational efficiencies and sustainability performance.
ARQUILED
Arquiled develops smart lighting technology for general, architectural and street lighting with focus on energy efficiency. With a strong focus on replacing the current street lighting with lighting using LED, the products have several different applications, such as hotels, museums, casinos and bars.
Bladeinsight
Bladeinsight was born to revolutionize how wind turbines are inspected by bringing them into the 21st century. Bladeinsight captures, stores and analyzes assets' data, by embracing automation and customizing the control of the UAVs Pro-Drone.
Captura
Captura is the developer of a Carbon Dioxide Removal (CDR) system based on the ocean’s natural CO2 absorption capacity. Through Captura’s novel closed loop system for atmospheric carbon removal, the separation of CO2 from shallow ocean water is done without altering the ocean's ecosystem or producing harmful byproducts.
CHEMITEK
ChemiTek is the developer of chemical solutions for industrial cleaning and maintenance activities. The company currently develops a range of products in three main categories: Solar Solutions; Industrial Solutions; Health & Hygiene.
CLARKE ENERGIA
Clarke developed a system that identifies areas within a business where there are energy inefficiencies, leading to a steeper electricity bill, using analytics to help save SMEs money. Its solution can evaluate the electricity fee a business is charged and see if it can be adjusted.
COLAB
Colab adds efficiency to governance by encouraging citizens to contact public officials. The platform created works as a social media site where citizens can post their opinions. The system then processes this data and sends it to decision makers and political candidates in a clear format for them to study.
DEFINED.AI
Defined.ai developed Neevo, an intelligent data platform for AI and Machine Learning. The company offers efficient data pipelines to collect, process and enrich training data by combining crowdsourcing, tools and machine learning capabilities to accelerate enterprise machine learning training.
DELFOS
Delfos I.M is a platform focused on efficient operational governance, leveraging all the available operational data to optimise asset performance, reduce uncertainties and retain key operational knowledge related with renewable energy assets.
DOM ROCK
Dom Rock’s technology attends the needs of large corporations to capture insights from large sources of data such as text, audio, image from different business areas to deliver operational efficiency and increased productivity.
DOTGIS
Technological platform that provides valuable geographic information to support business decisions across different sectors.
DRIVIT
Drivit has developed a telematic app, with residual battery consumption, that helps companies and drivers assessing driving performance. Is useful for insurers looking to monitor the risk of their clients, companies analyzing the behavior of their workers and individuals who want to improve their driving.
EFFIZENCY
Effizency is a SaaS aimed to accelerate energy services sales and promote energy efficiency, competitiveness and innovation for SMEs and large corporations.
ENERGYWORX
Cloud-based platform for data quality, governance and intelligence solutions that help energy and utility companies navigate and monetize the energy transition. Energyworkx platform enables behavioral science and aggregates data in several profiles with valuable context enriched data points.
ENGING
Web platform dedicated to the continuous monitoring of the condition of electric motors and power transformers. ePreditMntc® relies on the analysis of electrical variables and allows for a precocious and accurate fault detection allowing customers to manage performance and anticipate failures.
FEEDZAI
Feedzai has the mission to make banking and commerce safe, using most advanced risk management platform powered by big data and artificial intelligence. The world's largest retail banks, merchants and acquirers use Feedzai's technology to manage risks associated with payments.
FRACTAL
Fractal’s predictive technology specializes in assessing for hydrological risk, power generation optimization, dam monitoring and disaster prevention, using artificial intelligence.
GLARTEK
Glartek developed Glarevision a maintenance and monitoring platform for industrial assets, that trough the usage of augmented reality and cloud analytics supports plant managers and maintenance operators in working more efficiently.
GREENEAGLE
GreenEagle Solutions currently strives to fill the quality and value gap in the renewable energy sector. The company is committed to reducing its clients' current SCADA maintenance costs by 30% while providing software solutions and clear improvements compared to former maintenance systems.
GREEN LI-ION
Green Li-ion is revolutionising the energy storage industry with world first clean technology that fully rejuvenates Lithium-Ion batteries. Established as a world leader in technology for the re-manufacturing of spent energy storage material their aspiration is to save the planet one spent battery at a time.
HSL Technologies
HSL Technologies is developing a novel carrier for transportation and storage of hydrogen in liquid form. The patented technology uses a non-organic molecule to transport and store hydrogen in a liquid, stable and safe way using conventional infrastructures.
HYPELABS
Hype Labs’ SDK creates P2P mesh networks with nearby devices, even in locations without internet, using the available communication protocols such as Bluetooth, wifi, lora, etc.
JUNGLE.AI
Jungle.ai builds software to look into the future and help customers accurately know what will happen next, allowing for better decisions. It can be applied in several different use cases such as wind turbines, power transformers or heavy industry machinery.
LOQR
LOQR’s expertise in AI, security, and compliance, combined with a solid banking business experience, are the foundations to deliver journeys through a Journey-as-a-Service platform to help banks accelerate their digital transformation and offer customized and digital solutions to their customers.
Mixergy
Mixergy develop smart and connected hot water technologies which enable you to live better, save money, and reduce your impact on the environment. - Mixergy - Hot Water Tanks & Heat Pump Specialists.
NET2GRID
Net2grid is one of the leading companies world wide of real time NILM (non-intrusive load monitoring) services. Net2grid’s energy insight platform, is reducing cost to serve while increasing customer engagement.
PICLO
Cloud-based marketplace that brings together Service Providers and System Operators to address flexibility requirements.
PLEXIGRID
Plexigrid developed a graph-based database technology, which allows greater agility and speed in detecting events, executing calculations for the operation and planning of network expansion. Plexigrid's solutions also include other software tools for the aggregation of energy consumption.
POWER TO HYDROGEN
Power to Hydrogen's innovative AEM electrolyzer uses renewable energy and water to create clean, high-pressure hydrogen. Their reversible fuel cell technology further enhances this clean energy solution, unlocking hydrogen's full potential for a decarbonized future.
PPI
Principle Power develops technology focused on the deep-water offshore wind energy market. Principle Power's floating wind turbine foundation called WindFloat, provides for siting of offshore wind turbines independent of water depth.
PRESENSO
Presenso provides an AI Driven Industrial Intelligence solution to provide real-time asset failure predictions. With its proprietary adaptive algorithms, Presenso can analyze sensor behavior, automatically learn how machines behave and use this learning to predict failures before they occur.
PROBELY
Probely developed a solution that performs automated penetration tests on websites and applications and delivers evidence-based reports with tailored solutions to solve the identified vulnerabilities.
PVCOMPLETE
Leader in solar design software that helps visualize energy solutions. Hundreds of companies use PVComplete software to design, configure and permit solar projects. Solar design starts in PVSketch, a web app built for salespersons to create versions for array layouts and energy production models.
RELECTRIFY
Relectrify is the developer of integrated battery management and inverter technology for lithium-ion batteries. Through fusion of battery management with inverters and controlling each cell, Relectrify's technology increases battery lifetime up to 33%.
SEPIO SYSTEMS
Sepio Systems develops a software suite that identifies and blocks malicious hardware devices. The company's solution provides discovery, tracking and automatic blocking security against ghost devices, real time threat level dashboard, global red alerts, and complete SIEM integration services.
SOLSHARE
SOLshare has created a revolutionary new approach to bring affordable solar electricity to everyone in Bangladesh and beyond through its peer-to-peer network, monetizing excess solar energy along the value chain with mobile money and empowering communities to earn a direct income from the sun.
Splight
Splight developed a platform that deploys Artificial Intelligence solutions to optimize RES integration in any type of grid, allowing energy stakeholders to collect and process data of their physical assets in real time, deploy ML algorithms and deliver operating commands.
SPOTLITE
Spotlite is a state-of-the-art infrastructure monitoring system heavily based on remote sensing technology and Earth observation imagery. It integrates multiple monitoring solutions into a single online platform, centralising information for structural health assessment.
Terabase
Is the developer of a Terawatt Scale Solar platform for design, optimize, track and automate utility-scale solar development. Together with its automated on-site pre-fabrication system, the Terafab, enables a safer and more scalable assembly of utility-scale solar projects, promoting a faster adoption of renewable energies.
TIME ENERGY
Brazilian IoT startup with a smart meter device and a SaaS energy monitoring platform with solutions for for B2B and B2C Customers - industry, commerce and residential - focused on Latin America.
VERTEQUIP
Vertequip's mission is to develop equipment able to increase safety and productivity on works at heights in industries such as renewable energies, construction and maintenance. The company developed S.T.E.P, a system that allows workers to perform works more safely and efficiently.
VOLTBRAS
Software solutions for management of charging stations for electric vehicles, made in Brasil. Residencial and commercial digital solutions for charging and paying for the service.
VYNTELLIGENCE
Vyntelligence delivers productivity & cost savings for businesses with large field teams by allowing field engineers to create smart video reports directly on site, replacing the old manual text-based forms. These smart videos also help industrial companies gain greater insights of their operations.
YDATA
YData aims to support a world lead by data by enabling organizations to guarantee their user’s privacy and be GDPR compliant, while using their data. Through the application of AI techniques in data pipelines, YData is able to create new synthetic data similar to the original one.
YOTTA ENERGY
Yotta Energy simplifies the solar storage process through decentralized, panel-level storage systems and optimizes energy efficiency with intelligent software.
ZYPHO
ZYPHO Drain Water Heat Recovery is a patented solution that represents a highly efficient heat exchanger. It absorbs heat energy from the shower drain water and transfers it to preheat the cold water, allowing its clients to drastically reduce water heating costs up to 30%.
Team of experts that contribute for our purpose of leading the energy transition
Executive & Investment team
Luís Castro HenriquesPartner
Frederico Bilelo Gonçalves Managing Director
Mariana CostaPrincipal
Rosario CannataPrincipal
André BotelhoPrincipal
Ciro RuizPrincipal
Luís Fábrica Investment Manager
João Marquez Filipe Investment Manager
Beatriz SáAssociate
Guilherme ShirazawaAssociate
Do you want to know more about what we do at EDP Ventures?
As an early stage investor, we typically invest in seed to series B funding rounds (with possibility for future follow-ons in later rounds). While our investment usually happens before the series C, we can make exceptions if we believe the company is a perfect fit and we can continue to add value.
Approaches from companies, founders and other investors are always welcome. Being a seed to series B investor, we look for companies with at least a near market ready product.
We make around 5-8 seed to series B investments per year.
YES! We invest in a broad range of technologies with a common characteristic, affecting the energy sector, either by improving assets availability or by impacting the life of retail energy clients (please see our investment areas).
Additionally, while most of our portfolio companies have a B2B marketing model, we are agnostic and will also analyze companies with a B2C model.
TEAM! The founders/management team are the most important factor in our decision-making process. We must believe that the team can solve the extremely hard problems that the company aims to address.
Of course, we also look at the market, the problem to be solved and the technology.
We invest all over the world. Our investment teams are based in Lisbon, Madrid and São Paulo!
Again, it depends but as a rule of thumb it will take one to two months to have a term sheet signed and an additional two to three more to close the funding round.
The process usually starts with an initial meeting or call, moving into a second or third meeting/call with a different set of people from our investment team, technology experts and business units.
After having internal validation, we want to test! It’s common for us to test the technology, promoting the development of a PoC (proof of concept) with EDP Group business units, not only to get a better sense of the company, but also because, as a strategic investor, we aim to not only be the investor, but also a client for our startups.
Based on the results coming out of the PoC, together with the overall feedback from the business units we will move forward in presenting your company to our investment committee to get a term sheet approved.
We invest our money, time, network of contacts and technological expertise to take your company to the next level.
EDP Ventures has developed an extensive and strong network of partners from industry to institutional investors.
We remain focused on the energy sector and in 7 investment areas (please see our investment areas) where we have developed extensive technological know-how and we have the commitment of EDP Group business units to support our portfolio company internally which we believe is a jumpstart for better and faster market adoption.