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Corporate VCAllocates capital directlyActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 6 SOURCES

EDP Ventures

Venture capital arm of EDP (Energias de Portugal)

Also known as EDP Ventures – Sociedade de Capital de Risco, S.A.

Venture capital arm of EDP; invests €1M–€10M, seed to Series B, minority stakes, in energy-transition startups worldwide; €150M of funds under management; teams in Lisbon, Madrid, São Paulo.

HEADQUARTERS
Lisbon, Portugal
FOUNDED
2008
OUTSIDE CAPITAL
No — own capital only
TEAM LISTED
10 people

FOCUS

STAGES
SeedSeries ASeries B
ASSET MIX
Venture capitalDirect investments
GEOGRAPHY
Global

WHAT IT IS

Corporate VC. A corporation investing from its own balance sheet, usually with strategic goals.

ABOUT

EDP Ventures is the venture capital arm of the EDP group, started in 2008, investing in early-stage tech startups in the energy space. It invests €1M–€10M from seed to Series B, always in minority positions, makes around 5–8 investments a year, and reports €150M of funds under management with investment teams in Lisbon, Madrid and São Paulo. Focus areas are renewables, grid, distributed energy resources, green hydrogen, storage and flexibility, mobility, energy-usage decarbonisation and AI & digital, typically testing technology through proofs of concept with EDP business units. In 2024 it told ECO it had invested €73M, held 40 active companies in 12 countries and made partial or full exits in 10 companies.

INVESTMENT THESIS

Back founding teams with near-market-ready products affecting the energy sector, either improving asset availability or impacting retail energy clients; act as both investor and client via PoCs with EDP business units.

PORTFOLIO (12)

TEAM

  • Luís Castro Henriques
    General Partner · source
  • Frederico Bilelo Gonçalves
    Managing Director · source
  • Mariana Costa
    Principal · source
  • Rosario Cannata
    Principal · source
  • André Botelho
    Principal · source
  • Ciro Ruiz
    Principal · source
  • Luis Fabrica
    Investment Manager · source
  • João Marquez Filipe
    Investment Manager · source
  • Beatriz Sá
    Associate · source
  • Guilherme Shirazawa
    Associate · source

LINKS

FAQ

EDP Ventures is a corporate venture arm based in Lisbon, Portugal, founded in 2008.

Yes. EDP Ventures invests directly in private companies.

EDP Ventures invests at Seed, Series A and Series B stages in Climate & Energy, Mobility & Logistics, Artificial Intelligence and Software & SaaS.

EDP Ventures's stated ticket size is €1M–€10M.

Key people at EDP Ventures include Luís Castro Henriques (General Partner), Frederico Bilelo Gonçalves (Managing Director), Mariana Costa (Principal) and Rosario Cannata (Principal).

EDP Ventures's investments include Feedzai, Principle Power, Terabase, Piclo, Relectrify, Green Li-ion, Mixergy and Net2Grid, among others.

The most recent publicly reported investment by EDP Ventures is Spotlite (Seed (€3.5M round, participation)), announced in Dec 2025.

EDP Ventures states that it accepts submissions.

No. EDP Ventures invests its own capital and does not raise money from outside investors.