EIT InnoEnergy

EIT InnoEnergy operates as a pioneering investment platform focused on accelerating the global transition to net zero through cleantech innovation. Established in 2010 as one of the first Knowledge and Innovation Communities of the European Institute of Innovation and Technology, the company has built an extensive presence across Europe and expanded into the United States. Through strategic investments in early-stage ventures and workforce development initiatives, InnoEnergy constructs robust cleantech value chains designed to foster sustainable economic growth. The organization leverages its vast ecosystem comprising 1,400 partners, including 39 shareholders from diverse sectors such as industry, finance, public policy, and academia, enabling it to drive energy transition at an unprecedented pace.

Since its inception, InnoEnergy has provided crucial support to over 500 companies, with four of these evolving into industrial unicorns under its guidance. The collective portfolio has demonstrated remarkable financial success, securing more than €34 billion in funding while generating approximately 40,000 jobs across the cleantech sector. These portfolio companies are projected to generate €110 billion in revenue by 2030 while simultaneously reducing carbon emissions by an estimated 2.1 gigatons of CO2 equivalent. Currently, InnoEnergy maintains active investments in more than 160 startups and scale-ups, positioning it as one of Europe's most influential cleantech investors.

In alignment with the European Union's climate and industrial objectives, InnoEnergy has assumed leadership roles in critical industrial alliances focused on batteries and solar technologies. The organization also plays a pivotal role in accelerating the adoption of green hydrogen across European industries. Through careful market analysis, InnoEnergy identifies strategic gaps in the cleantech ecosystem and systematically launches new industrial champions in key sectors including battery technology, steel production, and fertilizer manufacturing. This approach has established InnoEnergy as a catalyst for industrial innovation in Europe's green transition.

The year 2025 marked a significant evolution in InnoEnergy's institutional relationships, as it entered into a renewed partnership with the European Institute of Innovation and Technology. This collaboration ensures continued joint efforts on specific strategic projects that advance Europe's innovation agenda. Throughout its operational history, InnoEnergy has distinguished itself through a dual investment approach that combines financial support with extensive technical expertise, market access, and business development resources. This comprehensive strategy has proven particularly effective in helping cleantech innovations overcome the challenging journey from laboratory concept to commercial viability, addressing the notorious "valley of death" that hampers many promising sustainability technologies.