Santander InnoEnergy Climate Fund
Madrid, SpainFounded 2022
Santander InnoEnergy Climate Fund is a venture capital fund launched in 2022 by Santander Asset Management and EIT InnoEnergy, investing in early-stage European climate tech startups across renewable energy, smart grids, energy storage, hydrogen, and clean mobility.
57% of their portfolio is in Climate & Energy. Their most common stage is seed (57% of deals).
Portfolio
6
Fund Size
—
Top Stage
Seed
Last 12 Mo
0
Team
BD
Borja Díaz-Llanos
Chief Investment Officer & Private Credit Global Head
CM
Carlos Manzano
Chief Executive Officer
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
7 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 IONATE | Series A | $17M | Jan 2025 |
 Suena | Seed | — | Dec 2023 |
 Novatron Fusion Group | Seed | — | Aug 2023 |
 TAU | Series B | $11M | — |
 Novatron | Seed | — | — |
| Novatron Fusion Group | Seed | — | — |
| CCaeli Wind | Series A | — | — |
Top Co-Investors
EIT InnoEnergy4 shared
Industrifonden3 shared
Axon Partners Group3 shared
Climentum Capital3 shared
CDP Venture Capital1 shared
IQ Capital1 shared
Antares Ventures1 shared
In-Q-Tel1 shared
Zero Carbon Capital1 shared
JGC MIRAI Innovation Fund1 shared
Cycle Capital1 shared
AlbionVC1 shared
Notion Capital1 shared
Last updated: 20 October 2026