EIT InnoEnergy, the engine of innovation and entrepreneurship in sustainable energy in Europe, and the multinational business consulting firm NTT DATA, through its subsidiary i-deals, have announced the launch of an investment fund for technology startups and scale-ups within the scope of energy transition. This fund will start operating at the beginning of 2021, with the aim of attracting an investment from 25 to 30 million euros.
The two entities have been collaborating for years in the analysis of investment and business development opportunities for technology companies and have now decided to promote an independent venture capital fund open to new investors.
Our CEO Werner Zippold has expressed his satisfaction with this alliance: “We are the ideal promoters to start this fund and we are sure new partners will join us soon, both from the public and private sectors. They are convinced of the enormous entrepreneurial potential that exists in our country and of the great opportunity that the energy sector offers”.