About INCENSe Accelerator
INCENSe Accelerator, an accelerator and incubator program founded in 2014, is based in Warsaw, Poland. With a presence in 12 countries, it has supported around 37 startups in sectors like Enterprise Applications, Real Estate and Construction Tech. As of Sep 2026, INCENSe Accelerator has witnessed 3 portfolio exits. Most notable companies in
its portfolio include Nozomi Networks, Augwind and HEVO. The program primarily supports Grant (prize money) startups based in Italy. Its latest investment was a Undisclosed Grant (prize money) round in Modio Computing on Jan 19, 2016.
Key Metrics
Founded Year
2014
Location
Warsaw, Poland
Portfolio Companies
Sectors of Investment
Stages of Investment
Grant (prize money) & Seed
INCENSe Accelerator's List of Top Investments
INCENSe Accelerator has a portfolio of 37 companies. Their most notable investments include Nozomi Networks and Augwind.Their portfolio spans across Italy, Spain, Denmark and 9 more locations. They have invested in Enterprise Applications, Real Estate and Construction Tech, Energy Tech and 15 other sectors, across stages such as Grant (prize money), Seed stages. Here is the list of top investments by INCENSe Accelerator:Cloud based network monitoring and threat detection solutions for ICS. It provides an unintrusive network monitoring and protection solution developed for industrial control systems. It has an integrated discovery and learning capability for industrial control systems that automatically detect critical anomalies. It provides solutions to industries such as chemicals, manufacturing, water, food, logistics, and more.
Key facts about Nozomi Networks
- Founded Year: 2013
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $266M
- Employee Count: 390 as on Jul 31, 2026
- Investors: Honeywell, Reimagined Ventures and 19 Others
- Latest Funding Round: Series E, Mar 14, 2024, $*****
- Highlight: Acquired
2. Augwind
Augwind is a provider of underground compressed air storage systems for industries. The company has developed an elastic underground tank that provides high volume of storage at high pressure. Using the tank as a buffer between the compressors and machinery ensures a stable air pressure, besides this, due to time shift use, the load of compressors can be shifted to off-peak hours, thus reducing compressor idle modes and lower operating pressure, resulting in lower power costs.
Key facts about Augwind
- Founded Year: 2012
- Location: Rehovot (Israel)
- Stage: Funding Raised
- Employee Count: 26 as on May 31, 2026
- Investors: INCENSe Accelerator and Capital Nature
- Latest Funding Round: Grant (prize money), Jan 19, 2016, $*****
- Highlight: Editors' Pick
3. HEVO
Provider of wireless charging solutions for electric vehicles. The company offers hardware and software-enabled wireless charging solutions for users. It develops wireless charging pads like power pads, vehicle pads, etc. Also, it offers cloud-enabled station management and mobile application for users. It offers features like digital dashboard, automated solutions, etc.
Key facts about HEVO
- Founded Year: 2011
- Location: Brooklyn (United States)
- Annual Revenue: $0 - $1M as on Dec 31, 2022
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $585K
- Employee Count: 5 as on Oct 08, 2025
- Investors: Europa, Wexford Capital Partners and 7 Others
- Latest Funding Round: Seed, Sep 24, 2021, $*****
- Highlight: Editors' Pick
4. ReMoni
Developer of connected water and electricity meter. It offers a range of connected devices clamped onto existing cables, flow pipes to measure the flow of electricity, heat, and water. The cloud platform automatically generates alarms using AI. The devices have integrated energy harvesters eliminating the need for batteries.
Key facts about ReMoni
5. Sensewaves
Sensewaves makes connected assets smarter by transforming raw sensor data into impactful insights. Sensewave platform provides a complete time-series, streaming analytics solution through a set of predictive, prescriptive and trend analysis tools for energy and lifecycle management applications with a focus on real-time, context-aware anomaly detection for industrial and mission-critical applications. Using their analytics solution it offers dynamic grid optimization, asset management, real-time load balancing, building and residential analytics.
Key facts about Sensewaves
- Founded Year: 2015
- Location: Paris (France)
- Stage: Seed
- Employee Count: 9 as on Jul 31, 2026
- Investors: American Electric Power, Momenta and 6 Others
- Latest Funding Round: Seed, Sep 30, 2025, $*****
INCENSe Accelerator's Investments by Stage
INCENSe Accelerator has made 32 investments in Grant (prize money) stage with an average round size of $160K and 2 investments in Seed stage with an average round size of $162K.Stage of entry | No. of Investments |
|---|---|
Grant (prize money) | 32 |
Seed | 2 |
Note: We have considered here, only first round of investments
INCENSe Accelerator's Investments by Sector
INCENSe Accelerator has a diverse portfolio, with companies operating in the Energy Tech, Environment Tech, Sustainability Tech, High Tech and Enterprise Applications. Notably, it has invested in 32 Tech companies, 27 Enterprise (B2B) companies, 25 Software companies and at least 11 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Energy Tech | 20 |
Environment Tech | 20 |
Sustainability Tech | 20 |
High Tech | 18 |
Enterprise Applications | 17 |
Others | 54 |
Note: We have considered here, only first round of investments
INCENSe Accelerator's Investments by Geography
INCENSe Accelerator has made most investments in Italy (9), followed by Spain where it has made 9 investments.Country | No. of Investments |
|---|---|
Italy | 9 |
Spain | 9 |
Denmark | 3 |
Israel | 3 |
United States | 3 |
Others | 7 |
Note: We have considered here, only first round of investments
INCENSe Accelerator's recent investments
INCENSe Accelerator has not made any investment in 2026 so far.Here are the most recent investments by INCENSe Accelerator:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 19, 2016 | Greece | Grant (prize money) | 2846 | - | |
Jan 19, 2016 | Italy | Grant (prize money) | 3820 | - | |
Jan 19, 2016 | Israel | Grant (prize money) | 9909 | - | |
Jan 19, 2016 | Belgium | Grant (prize money) | 5529 | - | |
Jan 19, 2016 | Finland | Grant (prize money) | 4926 | - |
IPOs and Publicly Listed companies in INCENSe Accelerator's Portfolio
1 of INCENSe Accelerator's portfolio company became public - Ennogie ApS. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jan 2000.Here are INCENSe Accelerator's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 26, 2000 | Jan 19, 2016 | Grant (prize money) | 6471 |
Acquired companies in INCENSe Accelerator's Portfolio
2 companies from INCENSe Accelerator's portfolio have been acquired. The most recent acquisition was Nozomi Networks in Sep 2025 by Mitsubishielectric for $*****.Here are INCENSe Accelerator's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 09, 2025 | Apr 17, 2015 | Grant (prize money) | 9429 | |
Dec 12, 2022 | Jan 19, 2016 | Grant (prize money) | 7386 |
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Co-investors of INCENSe Accelerator
Over the past 11 years, 53 investors have co-invested in INCENSe Accelerator's portfolio companies. This includes funds and angels.
- Invested before INCENSe Accelerator: Europa, EIC Fund and 8 others have invested in rounds before INCENSe Accelerator. There are 3 companies where Europa has invested before INCENSe Accelerator and 1 company where EIC Fund has invested before INCENSe Accelerator.
- Invested after INCENSe Accelerator: A total of 43 investors have invested in INCENSe Accelerator's portfolio after their investments. Top Investors include Europa (9 companies) and EIC Fund (7 companies).
Recent News related to INCENSe Accelerator
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Snapback Raises €450K in Funding |FinSMEsFinSMEs•Sep 14, 2015•Snapback, Smart & Start Italia, INCENSe Accelerator
