About ENGIE New Ventures
ENGIE New Ventures is a venture capital firm founded in 2014. It is primarily based out of Paris, France. As of Feb 2026, ENGIE New Ventures is an active investor, having invested in 41 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in France based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Environment Tech and High Tech. Most recently it participated in the $***** Series A round of ExerGo Overall, ENGIE New Ventures portfolio has seen 1 unicorn, 2 IPOs and 9 acquisitions including key companies like Gogoro, kWh Analyt and Sigfox. A lot of funds co-invest with ENGIE New Ventures, with names like HTGF sharing a substantial percentage of its portfolio. ENGIE New Ventures has team of 9 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 4 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
ENGIE New Ventures' List of Top Investments
ENGIE New Ventures has a portfolio of 41 companies, one of which is a Unicorn. Their most notable investments are in KiWi Power and Symbio.Their portfolio spans across France, United States, United Kingdom and 10 more locations. They have invested in Enterprise Applications, Environment Tech, High Tech and 17 other sectors, across stages such as Series A, Seed and 4 more. Here is the list of top investments by ENGIE New Ventures:1. Gogoro
Platform offering electric scooters and operator of battery swapping networks. The scooters have anti-lock braking systems, ABS tires, front suspensions, swappable batteries, tail grips, anti-theft systems, and an integrated app displaying battery levels and vehicle performance. It operates a network of battery-swapping stations using AI and cloud-based solutions across commercial areas such as parking lots and supermarkets. Its swappable batteries are encased in aluminum and are waterproof.
Key facts about Gogoro
- Founded Year: 2011
- Location: Taipei (Taiwan)
- Stage: Public
- Total Funding till date: $765M
- Employee Count: 933 as on Sep 30, 2026
- Investors: Generation Investment Management, Princeville Capital and 15 Others
- Latest Funding Round: Post IPO, Jun 03, 2024, $*****
- Highlight: Public
2. INERATEC
Provider of chemical reactor technology to converts gases into liquid fuels. It develops multiple conversion processes, such as gas-to-liquid technology that can convert associated natural gas, flared gas, and renewable gas into synthetic hydrocarbons and fuels, power-to-gas technology that can convert hydrocarbon and carbon dioxide into synthetic natural gas, and power-to-liquid technology that converts renewable electricity and carbon dioxide into liquid, fuels, and chemical feedstocks.
Key facts about INERATEC
- Founded Year: 2015
- Location: Germany
- Stage: Series B
- Total Funding till date: $149M
- Employee Count: 137 as on Sep 30, 2026
- Investors: Samsung Venture Investment, Honda Innovations and 20 Others
- Latest Funding Round: Venture Debt, Jan 29, 2025, $*****
- Highlight: Editors' Pick
3. Raptor Maps
Provider of solar asset management platform using aerial and sensor data. The platform analyzes images to conduct root cause analysis and direct operations and maintenance efforts. The platform digitally reconstructs solar plants in a map-based interface enriched with data. Autonomous drones investigate site conditions and equipment, automating visual investigations. A mobile application allows technicians to access remediation context, even offline.
Key facts about Raptor Maps
- Founded Year: 2015
- Location: Cambridge (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $62.2M
- Employee Count: 97 as on Sep 30, 2026
- Investors: Clean Energy Venture Group, Climate Capital and 18 Others
- Latest Funding Round: Series C, Dec 10, 2024, $*****
- Highlight: Editors' Pick
4. kWh Analyt
Offers risk management and analytics for solar investors. It offers features such as data integration, analytics, compliance tracking, test parameters, financial trades management, equipment quality, installer performance, and performance benchmarking.
Key facts about kWh Analyt
- Founded Year: 2012
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $31.4M
- Employee Count: 39 as on Sep 30, 2026
- Investors: For Good Ventures, Elemental and 12 Others
- Latest Funding Round: Grant (prize money), May 01, 2025, $*****
- Highlight: Acquired
5. H2SITE
Developer of membrane reactor technology for hydrogen separation and purification. The company’s technology facilitates hydrogen extraction from various sources, including ammonia, methanol, and syngas. It also filters hydrogen mixed with other gases in storage infrastructure. The membrane reactors enable hydrogen absorption with high purity and conversion efficiency.
Key facts about H2SITE
- Founded Year: 2019
- Location: Biscay (Spain)
- Stage: Series B
- Total Funding till date: $54.2M
- Employee Count: 77 as on Sep 30, 2026
- Investors: Engie, MassMutual Ventures and 15 Others
- Latest Funding Round: Series B, Sep 22, 2026, $*****
- Highlight: Editors' Pick
ENGIE New Ventures' Year-on-Year Investment Trends
ENGIE New Ventures has invested in 41 companies over the last 12 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 1 investment, while as of Feb 2026, it has made 1 investment in this year. Its most recent first time investment was in ExerGo and most recent follow-on round was in INERATEC.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 1 | 0 | 1 |
2024 | 6 | 1 | 7 |
2023 | 4 | 1 | 5 |
2022 | 3 | 1 | 4 |
2021 | 1 | 1 | 2 |
2020 | 2 | 1 | 3 |
2019 | 2 | 0 | 2 |
2018 | 4 | 1 | 5 |
2017 | 2 | 1 | 3 |
ENGIE New Ventures' Investments by Stage
ENGIE New Ventures is primarily an Early Stage Investor investor majorly investing in Series A (18) rounds where average round size is $155M, Seed (7) rounds where average round size is $13.9M and Series B (5) rounds where average round size is $49.6M.Stage of entry | No. of Investments |
|---|---|
Series A | 18 |
Seed | 7 |
Series B | 5 |
Series D | 2 |
PE | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
ENGIE New Ventures' Investments by Sector
ENGIE New Ventures has a diverse portfolio, with companies operating in the Environment Tech, Sustainability Tech, Energy Tech, High Tech and Enterprise Applications. Notably, it has invested in 37 Tech companies, 34 Enterprise (B2B) companies, 22 Software companies and at least 16 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Environment Tech | 22 |
Sustainability Tech | 22 |
Energy Tech | 17 |
High Tech | 15 |
Enterprise Applications | 14 |
Others | 42 |
Note: We have considered here, only first round of investments
ENGIE New Ventures' Investments by Geography
ENGIE New Ventures has made most investments in France (11), followed by United States where it has made 6 investments.Country | No. of Investments |
|---|---|
France | 11 |
United States | 6 |
United Kingdom | 4 |
Germany | 3 |
Israel | 2 |
Others | 8 |
Note: We have considered here, only first round of investments
ENGIE New Ventures' recent investments
ENGIE New Ventures has made 1 investments in 2026 so far - ExerGo.Here are the most recent investments by ENGIE New Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 17, 2026 | Switzerland | Series A | 8343 | - | |
Mar 26, 2025 | France | Series A | 6139 | [+5] | |
Oct 02, 2024 | France | Seed | 8157 | ||
Sep 05, 2024 | France | Seed | 4509 | [+2] | |
Sep 05, 2024 | France | Series A | 5071 | [+2] |
Unicorns in ENGIE New Ventures' Portfolio
ENGIE New Ventures has 1 unicorn in its portfolio - Redaptive. The most recent unicorn in their portfolio is Redaptive which became a unicorn in 2022, 4 years after ENGIE New Ventures first invested in it.Here is a list of unicorns in ENGIE New Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
60 | Provider of Energy-as-a-Service solutions that finances, deploys, and manages energy infrastructure | 2015 | San Francisco | Series E | ykmgqie |
IPOs and Publicly Listed companies in ENGIE New Ventures' Portfolio
2 of ENGIE New Ventures' portfolio companies have become public. Gogoro got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Apr 2022 at marketcap of $737M.Here are ENGIE New Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 04, 2022 | Sep 19, 2017 | Series C | 2054 | |
- | Jul 26, 2018 | Series A | 6930 |
Acquired companies in ENGIE New Ventures' Portfolio
9 companies from ENGIE New Ventures' portfolio have been acquired. The most recent acquisition was Samp AI in Sep 2026 by Aize for $*****.Here are ENGIE New Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 04, 2026 | Oct 13, 2022 | Seed | 4671 | |
Mar 10, 2026 | Aug 22, 2016 | Series A | 6261 | |
Sep 19, 2025 | Jul 20, 2020 | Series A | 5280 | |
Apr 22, 2022 | - | - | 3653 | |
Feb 07, 2022 | Mar 04, 2016 | Series B | 1158 |
Team profile of ENGIE New Ventures
ENGIE New Ventures has a team of 9 members including 2 Partners and 4 Principals located in France. ENGIE New Ventures' team sits on the board of 1 company.Here is a list of all team members in ENGIE New Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Paris | - | ||
Partner | France | - | ||
Principal | Paris | - | ||
Principal | Paris | - | - | |
Principal | France | - | ||
Principal | Paris | - | - |
Co-investors of ENGIE New Ventures
Over the past 12 years, 231 investors have co-invested in ENGIE New Ventures's portfolio companies. This includes funds and angels.
- Invested before ENGIE New Ventures: Europa, EIC Fund and 81 others have invested in rounds before ENGIE New Ventures. There are 7 companies where Europa has invested before ENGIE New Ventures and 4 companies where EIC Fund has invested before ENGIE New Ventures.
- Top Co-investors of ENGIE New Ventures: 63 investors entered a company along with ENGIE New Ventures. These include investors like HTGF (2 companies).
- Invested after ENGIE New Ventures: A total of 85 investors have invested in ENGIE New Ventures's portfolio after their investments. Top Investors include Europa (3 companies), EIC Fund (2 companies) and Breakthrough Energy (2 companies).
Recent News related to ENGIE New Ventures
•
GravitHy secures €60 million to power green steel revolutionEU-Startups•Mar 26, 2025•GravitHy, https://japanenergyevent.com, Marcegaglia, Ecolab and 4 others
•
Startup Investment GravitHy: 60 Million Euros to Advance Green Steel Production in EuropeTrending Topics•Mar 26, 2025•GravitHy, Ecolab, Rio Tinto, ENGIE New Ventures and 1 other
•
Iberdrola's Growth Prospects and Strategic Acquisitions Prompt a ...Business Insider•Oct 02, 2024•Ankaa Ventures, ENGIE New Ventures
•
CarbonX’s Investment Round With Redstone/VR Ventures, PROfounders And Engie New VenturesGlobal Legal Chronicle•Sep 11, 2024•Carbonx, VR Ventures Management, PROfounders Capital Partners, ENGIE New Ventures and 1 other
•
GTT Strategic Ventures/Engie invest in biogas capture technologyBioenergy Insight•Aug 16, 2024•GTT Strategic Ventures, CryoCollect, ENGIE New Ventures
•
Sora Fuel Raises $6m In Seed FundingFinSMEs•Aug 01, 2024•Sora Fuel, ENGIE New Ventures, Wireframe Ventures, Engine Ventures
•
CarbonBlue secures $10 million in Seed funding for CO2 removal technologyCTech•Jul 22, 2024•CarbonBlue, Ibex Investors, fresh.fund, ENGIE New Ventures and 5 others
•
ENGIE New Ventures leads investment round into CryoCollectBiofuels Digest•May 23, 2024•ENGIE New Ventures, CryoCollect
•
GTT Strategic Ventures and Engie New Ventures jointly invest in CryoCollect to support the development of a unique CO2 capture technology for biogasPortNews•May 23, 2024•GTT Strategic Ventures, Gttgrp, ENGIE New Ventures, CryoCollect and 1 other
•
Industrial Announces Series B First Close Led by AB and GS EnergyPR Newswire•May 14, 2024•Ndustrial, ABB, GS Energy, Clean Energy Ventures and 1 other
