SpeedUp Energy Innovation

SpeedUp Energy Innovation (SEI) is a fund established under the BRIdge VC program by PGE Ventures, Polish Development Fund, SpeedUp Group and National Center for Research and Development.

The fund’s main objective is to invest in startups in development and expansion stages of growth. The fund’s budget is PLN 60 million (approx. EUR 13 million). SEI is particularly interested in working with technological startups widely linked  to the energy value chain of the PGE Capital Group, as well highly innovative startups with growth potential.

Investment areas

The fund’s main investment areas cover the following solutions:

• Industry 4.0;
• Data digitization technologies;
• Internet of Things;
• Information and Communication Technologies (ICT);
• Big Data management;
• Energy storage technologies;
• Solutions for e-mobility;
• Renewable technologies.

Investment criteria

The fund is looking for projects in development and expansion stages of growth. Startups must generate revenues from their current operations, while injected capital should be used for market expansion rather than technology improvement.

For more information about the SpeedUp Energy Innovation fund please visit website: SpeedUp Energy Innovation