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    EnBW New Ventures logo

    EnBW New Ventures

    Karlsruhe, GermanyFounded 2015
    www.env.vcLinkedIn
    Climate & EnergyMobility & TransportationInfrastructure & CloudCybersecurityEnterprise Software

    EnBW New Ventures (ENV) is the corporate venture capital arm of German utility EnBW Energie Baden-Württemberg, investing in European startups that make infrastructure digital and sustainable. With a €100 million evergreen fund, it acts as lead or co-investor from Series A onwards in energy transition, mobility, and enterprise software.

    Deal activity decreased year-over-year (1 deal in the last 12 months vs 2 prior). Average disclosed round size is $8.2M (across 16 rounds with reported amounts).

    Find people at EnBW New Ventures on Goldilocks AI

    Portfolio

    25

    Fund Size

    $110M

    Top Stage

    Series A

    Last 12 Mo

    1

    Team

    CL

    Crispin Leick

    Managing Director

    HW

    Holger Wagner

    Investment Director

    IM

    Inga Müller

    Impact & Governance Director

    EV

    Erik Vobis

    Finance Principal

    MS

    Markus Scharrer

    Engagement Principal

    PB

    Pascal Beckers-Jaleta

    Investment Principal

    TS

    Theodor Schulte

    Investment Principal

    MB

    Marcel Breithaupt

    Finance Associate

    JG

    Jeanette Giesel

    Communications & Community Analyst

    RB

    Robin Budig

    Investment Analyst

    AG

    Anke Gratz

    Investment Manager

    MB

    Melanie Bild

    Investment Manager

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    33 investments
    CompanyRoundAmountDate
    Elephant logoElephantUnknown—May 2026
    Sunhat logoSunhatSeries A—Sep 2025
    Hololight logoHololightGrowth$10.8MJul 2025
    Sunhat logoSunhatSeries A—Jan 2025
    enspired logoenspiredSeries B—May 2024
    FlexeCharge logoFlexeChargeSeed—Jan 2024
    Spoor logoSpoorSeed—Jan 2024
    Cozero logoCozeroSeries A—Jan 2024
    enspired logoenspiredSeries B—Jan 2024
    Volytica Diagnostics logoVolytica DiagnosticsUnknown—Sep 2023
    Cycle logoCycleSeries A$10.3MJul 2023
    VVivaCityUnknown$8.5MFeb 2023
    Theva logoThevaSeries D—Jan 2023
    Deepomatic logoDeepomaticSeries B$10.5MOct 2022
    Intigriti logoIntigritiSeries B—Apr 2022
    Babelforce logoBabelforceSeries A—Jan 2022
    GGetHenrySeed$17.4MJan 2022
    3yourmind logo3yourmindSeries A$12.4MApr 2021
    Cleverciti logoClevercitiUnknown$5.6MOct 2020
    3yourmind logo3yourmindUnknown$5.5MSep 2020
    CCleverciti SystemsUnknown$5.6MJan 2020
    3yourmind logo3yourmindUnknown$5.5MJan 2020
    replex logoreplexSeed$2.5MMay 2019
    replex logoreplexUnknown$1.7MMay 2017
    vialytics logovialyticsSeries A$10M—
    Page 1 of 2

    Top Co-Investors

    WEPA Ventures3 shared
    Redstone3 shared
    Emerald Technology Ventures3 shared
    Future Energy Ventures3 shared
    Superorganism3 shared
    Futurum Ventures3 shared
    High-Tech Gründerfonds3 shared
    LBBW VC3 shared
    Stanford's StartX Fund3 shared
    Verve Ventures3 shared
    Capnamic Ventures2 shared
    xDeck2 shared
    CommerzVentures2 shared
    PUSH VC2 shared
    Zouk Capital2 shared
    Banpu NEXT2 shared
    Presidio Ventures2 shared
    IBB Ventures2 shared
    SHIFT Invest2 shared
    FTTF2 shared

    Last updated: 20 October 2026