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Corporate VCPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 9 SOURCES

ENGIE New Ventures

Corporate venture capital fund of ENGIE

Also known as ENV, ENGIE NEW VENTURES SAS

ENGIE's corporate venture fund (since 2014), taking minority stakes of €1–5M (initial) in energy-transition startups at Series A/B; over €250M invested, 23 active holdings.

HEADQUARTERS
La Garenne-Colombes, France
FOUNDED
2014
AUM
—
OUTSIDE CAPITAL
No — own capital only
TEAM LISTED
7 people

Focus

STAGES
Series ASeries B
GEOGRAPHY
Global

Overview

ENGIE New Ventures is the corporate venture capital fund of the ENGIE group, founded in 2014, with offices listed in Paris, San Francisco, Tel Aviv and Singapore. It takes minority stakes in energy-transition startups that can pilot and then deploy their technology on ENGIE's operations, with initial tickets of €1–5M, mainly at Series A or B, in renewables, low-carbon gases, grids, heating and cooling, industrial and building decarbonisation and energy management. It reports more than €250M invested since 2014 and 23 active portfolio companies; its most recent announced deal is ExerGo (February 2026).

Investment thesis

Minority stakes in startups with proven technology or business models entering growth (Series A or B) that fit one or more ENGIE business units, each backed by a collaboration roadmap (pilot on ENGIE operations, then industrialisation on its assets); divests once strategic goals are met and recycles the capital. Focus: renewable power, low-carbon gases, power grid infrastructure, heating and cooling infrastructure, decarbonisation of industry, buildings and cities, energy management.

PORTFOLIO (14)

  • ExerGo
    Climate & Energy · since 2026
  • ClimeFi (ex CarbonX)
    Climate & Energy · since 2024
  • GravitHy
    Industrial & Manufacturing
  • Redaptive
    Climate & Energy
  • Raptor Maps
    Software & SaaS
  • Wase
    Climate & Energy
  • CryoCollect
    Climate & Energy
  • Alpinov X
    Climate & Energy
  • Ineratec
    Climate & Energy
  • H2SITE
    Climate & Energy
  • TreaTech
    Climate & Energy
  • Connected Energy
    Climate & Energy
  • Ndustrial
    Software & SaaS
  • Upstream Tech
    Software & SaaS

People

  • Johann Boukhors
    Managing Director · source
  • Laurent Rambaud
    Investment Director · source
  • Vincent Pichon
    Investment Director · source
  • Carlos Chalbaud
    Investment Director · source
  • Davide Romeo Nanni
    Financial Manager · source
  • Rajat Dewan
    Investment Analyst · source
  • Shiyun Liu
    Investment Analyst · source

Links

Frequently asked questions

ENGIE New Ventures is a corporate venture arm based in La Garenne-Colombes, France, founded in 2014.

Yes. ENGIE New Ventures invests its own capital in private companies.

ENGIE New Ventures invests at Series A and Series B stages in Climate & Energy, Industrial & Manufacturing and Software & SaaS.

ENGIE New Ventures's stated ticket size is €1M–€5M.

Key people at ENGIE New Ventures include Johann Boukhors (Managing Director), Laurent Rambaud (Investment Director), Vincent Pichon (Investment Director) and Carlos Chalbaud (Investment Director).

ENGIE New Ventures's investments include ExerGo, ClimeFi (ex CarbonX), GravitHy, Redaptive, Raptor Maps, Wase, CryoCollect and Alpinov X, among others.

The most recent publicly reported investment by ENGIE New Ventures is ExerGo (Strategic minority investment), announced in Feb 2026.

ENGIE New Ventures states that it accepts submissions through its official contact page.

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