Grid Ventures

Grid Ventures is an early-stage venture capital firm focused on investing in startups that bring new technological innovations to the energy industry. Established in 2019 and fully owned by Finnish utility Leppäkosken Sähkö Oy, the firm manages the Grid.vc I Ky fund, with assets under management totaling three million euros from Finnish corporate investors. The fund's strategy is to invest in pre-seed and seed-stage startups that introduce new technological innovations into the energy industry. Integral to this strategy is providing portfolio companies with partners' expertise, piloting opportunities, and potential customers to accelerate their development and growth.

The firm offers a unique combination of financing, industry expertise, and business partners. Their close cooperation with energy sector corporations provides portfolio companies with direct access to piloting, industry expertise, and customers, giving them a head start in developing and growing their business. Grid Ventures' approach includes offering facilities for pilot projects and actively supporting the development of their portfolio companies.

Grid Ventures' investment focus includes energy, clean tech, SaaS, infrastructure, and technology sectors. They typically invest between €100,000 and €1.5 million in pre-seed, seed, Series A, and Series B stages. Their geographical focus spans across various European countries, including Finland, Estonia, Sweden, Norway, Denmark, Germany, Netherlands, United Kingdom, France, Spain, Italy, Poland, Czech Republic, Slovakia, Hungary, Romania, Bulgaria, Greece, Portugal, and Ireland.

The firm's portfolio companies have strong teams, solve clear problems, have bold visions, and target global markets. Their business models are scalable and not too capital-intensive. Grid Ventures is committed to enabling the transition into a sustainable energy system by investing in and supporting innovative startups in the energy sector.