PGE Ventures Fund which invests in the best start-ups in the energy sector and industry 4.0, has recently completed the investment in PySENSE - one of the most dynamically developing startups in the area of ICT technologies for the energy sector.
During the next 5 years, a joint fund established by the PGE Capital Group, Polish Development Fund and the National Centre for Research and Development will invest PLN 100m in the most innovative energy start-ups. The fund will focus on: Industry 4.0, digitisation, energy storage, e-mobility, ICT and Big Data.
PGE Ventures established an Energy Research Capital fund. The fund with PGE Ventures’ financial support plans to invest in innovative projects within the energy sector, Internet of Things (IoT) and Information and Communication Technologies (ICT). PGE Ventures also invested in new startups that extended an investment portfolio of the PGE Ventures' fund.
As part of the conducted scouting program, almost 150 startups have submitted to PGE Ventures fund. With two of them, the fund signed the investment agreements. Next three contracts are being finalized.
PGE Ventures is looking for startups that will help to utilize combustion by-products in the PGE Group’s generation assets
In September 2017, PGE Ventures started its own scouting program for startups. Main goal is to find most perspective startups on the market. The fund particularly encourages technological startups which have mature solutions or ideas for the ashes and other combustion by-products utilization, especially synthetic gypsum.
PGE Ventures invites to check the exemplary financial model which can help startups to evaluate their projects.
PGE Ventures launched its scouting program. The aim of the program is to reach the widest possible target group and select the companies that best meet the business expectations of the fund and PGE Capital Group.
PGE Ventures supports implementation of the PGE Capital Group strategy, where there is a special place for new sources of income and innovation. Accordingly, a strategic partnership with Startup Poland has been established.