innogy New Ventures LLC

innogy New Ventures LLC is a venture capital firm dedicated to supporting the sustainable transformation of the energy system by investing in data-driven business models. As part of the innogy Innovation Hub and an affiliate of innogy SE, a leading German energy company, it leverages its expertise to drive innovation in the energy sector.

The firm primarily invests in early-stage ventures across various industries, including energy, artificial intelligence, smart city and mobility solutions, Internet of Things (IoT), and cyber security. Its geographical focus spans the United States, Germany, the United Kingdom, the Netherlands, Belgium, the Czech Republic, Hungary, Poland, Israel, and India.

innogy New Ventures LLC has a history of strategic partnerships, such as its collaboration with BootstrapLabs, a venture capital firm specializing in applied artificial intelligence. This partnership aims to build a global AI community for energy ecosystems and provide capital and support to startups reimagining the future of energy production, distribution, and management. The firm's investment size typically ranges from $1 million to $5 million, targeting software-based, data-driven business models that align with the utility of the future.