Venture Capital

SpeedUp Energy Innovation

Investment Details

Investor Type
Venture Capital

Asset Class Focus
Venture Capital

Stage Focus
Pre-Seed, Seed, Series A, Series B

Geographical Focus
United States, Germany, Spain, Netherlands, Portugal, Belgium, Poland, Czech Republic, Estonia

Industries Focus

  • Energy
  • Renewable Energy
  • E-commerce
  • Logistics
  • Artificial Intelligence
  • Information Technology
  • Mobility
  • Climate Tech
  • Waste Management
  • Environmental Services
  • Software Development
  • Earth Observation
  • Geospatial Data Analysis
  • Automotive Research and Certification
  • Procurement Services

Investment Size:
1,500,000 to 3,000,000 USD

Investor Details

SpeedUp Energy Innovation is a Polish venture capital fund established through a partnership between PGE Ventures, PFR Ventures, the National Center for Research and Development (NCBR), and the SpeedUp Group. The fund focuses on investing in companies that are in the growth and market expansion phase, particularly those seeking opportunities to enter foreign markets and scale their operations. It primarily targets industries and sectors aligned with the interests of the PGE Capital Group, while also being open to supporting companies operating beyond its core investment strategy.

The fund's investment strategy includes providing financing support up to €4 million, with initial investments typically ranging from €1.5 million to €3 million. SpeedUp Energy Innovation has a history of supporting high-growth companies in sectors such as energy, ecology, and mobility. Notable investments include Polish startups ZEME, which operates in the waste management market, and Orbify, specializing in Earth observation and geospatial data analysis. The fund has also invested in international companies like Berlin-based Swobbee, a climate tech startup offering battery swapping stations for electric vehicles, and Amsterdam-based Bringly, a logistics technology company providing sustainable last-mile delivery services.

With a portfolio that spans multiple European countries, SpeedUp Energy Innovation continues to focus on supporting innovative companies that contribute to the transformation of energy, environmental, and mobility sectors. The fund remains active in seeking new investment opportunities and is committed to assisting its portfolio companies in business development, securing further financing rounds, and expanding into new markets.

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