Smartworks Innovation GmbH & Co KG

Smartworks Innovation GmbH & Co KG is the corporate venture capital arm of Wien Energie and Wiener Stadtwerke, focusing on strategic investments in startups within the energy and infrastructure sectors. The fund aims to drive innovation in areas such as energy, smart city solutions, mobility, and decarbonisation. By leveraging the expertise and resources of its parent companies, Smartworks seeks to foster sustainable development and technological advancements in these industries.

Established in 2020, Smartworks Innovation has been actively investing in early-stage companies that align with its strategic objectives. The fund typically invests between €100,000 and €1.5 million, supporting startups at various stages of development, from pre-seed to growth phases. This approach enables Smartworks to contribute to the acceleration of innovative solutions that address current and future challenges in the energy and infrastructure sectors.

Through its investments, Smartworks Innovation not only provides financial support but also offers access to a vast network of industry experts, infrastructure, and potential customers. This collaborative approach enhances the growth prospects of its portfolio companies and facilitates the integration of innovative technologies into the broader market. By focusing on sectors such as energy, smart city initiatives, and mobility, Smartworks plays a pivotal role in shaping the future of urban living and sustainable development in Austria and beyond.