Electranova Capital

Electranova Capital operates as an independently managed venture capital fund under the stewardship of Idinvest Partners, with backing from prominent corporate and institutional sponsors including EDF, PSA, BPI, and Allianz. The fund specializes in partnering with entrepreneurs to develop global technology businesses, with a strategic focus on data-driven services across Smart City initiatives, New Energy solutions, and New Mobility innovations. Benefiting from Idinvest's extensive experience as a €7 billion European mid-market private equity manager with proven success in technology investments, Electranova launched its second fund with a final closing at the end of 2017, strengthening its position in the European venture capital ecosystem.

The investment portfolio of Electranova Capital demonstrates a clear commitment to sustainable and innovative technologies that address global challenges. Their investments span multiple continents and sectors, including SeaTower's gravity-based foundations for deep water offshore wind projects in Norway, Actility's Internet of Things network enablement solutions in France, and Forsee Power Solutions' battery integration technologies operating across France and China. North American investments feature prominently in their portfolio, with stakes in companies like Enlighted, which develops IoT networks for smart building management, FirstFuel's energy analytics platform, and Sunrun's residential solar installation services.

Electranova's investment strategy reveals a particular emphasis on energy transition, environmental sustainability, and digital transformation technologies. The fund has positioned itself at the intersection of clean energy and digital innovation by backing companies such as Sun Fire in Germany, which specializes in high-temperature fuel cells and electrolysers for power-to-gas applications. Emerging market opportunities also feature in their investment approach, exemplified by their support of Off-grid Electric, which is accelerating African electrification through solar kits and mobile payment systems. This balanced geographic and sectoral diversification demonstrates Electranova's global vision and commitment to technologies addressing pressing environmental and urban challenges.

Beyond conventional energy investments, Electranova has shown foresight by investing in adjacent technologies that complement their core focus areas. Their portfolio includes Leosphère, a world leader in LIDAR technology for atmospheric observation, Techniwood's high-performance wood/insulation composites for sustainable construction, and Organica Water's compact waste water treatment solutions for urban environments. The fund has also recognized the importance of artificial intelligence and cybersecurity in the evolving technology landscape, with investments in Neurala's deep learning neural network platform for autonomous devices and TrustInSoft's mathematical source code analysis tools that protect against vulnerabilities. This forward-thinking approach positions Electranova as a versatile investor capable of identifying transformative technologies across multiple domains.