EnBW New Ventures
Durlacher Allee 93, Karlsruhe, Baden-Württemberg, 76131, Germany
Overview
Venture capital supporting sustainable solutions and startup growth.
Deals · 12mo
3
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
Elephant | May 2026Led | $6 MOther Equity | |
Spoor | Dec 2025Participated | $9 MSeries A | |
enspired | Oct 2025Participated | $46 MSeries B | |
Sunhat | Sep 2025Participated | $11 MSeries A | |
Hololight | Jul 2025Participated | $12 MOther Equity | |
enspired | May 2024Participated | $28 MSeries B | |
Cozero | Apr 2024Led | $7 MSeries A | |
Sunhat | Feb 2024Participated | $5 MSeed | |
Hololight | Nov 2023Participated | $12 MOther Equity | |
volytica diagnostics | Sep 2023Led | $6 MOther Equity | |
CYCLE | Jul 2023Participated | $12 MSeries A | |
Vivacity Labs | Feb 2023Led | $9 MOther Equity | |
Elephant | May 2026Led | $6 MOther Equity | |
Spoor | Dec 2025Participated | $9 MSeries A | |
enspired | Oct 2025Participated | $46 MSeries B | |
Sunhat | Sep 2025Participated | $11 MSeries A | |
Hololight | Jul 2025Participated | $12 MOther Equity | |
enspired | May 2024Participated | $28 MSeries B | |
Cozero | Apr 2024Led | $7 MSeries A | |
Sunhat | Feb 2024Participated | $5 MSeed | |
Hololight | Nov 2023Participated | $12 MOther Equity | |
volytica diagnostics | Sep 2023Led | $6 MOther Equity | |
CYCLE | Jul 2023Participated | $12 MSeries A | |
Vivacity Labs | Feb 2023Led | $9 MOther Equity |
Insights
Time horizon
View by
Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Seed | 0 | 4 |
| Series A | 2 | 6 |
| Series B | 1 | 3 |
| Other Equity | 4 | 4 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| May '17 | 1 |
| Jun '17 | 0 |
| Jul '17 | 1 |
| Aug '17 | 0 |
| Sep '17 | 0 |
| Oct '17 | 0 |
| Nov '17 | 0 |
| Dec '17 | 0 |
| Jan '18 | 0 |
| Feb '18 | 0 |
| Mar '18 | 0 |
| Apr '18 | 0 |
| May '18 | 1 |
| Jun '18 | 0 |
| Jul '18 | 0 |
| Aug '18 | 0 |
| Sep '18 | 0 |
| Oct '18 | 0 |
| Nov '18 | 0 |
| Dec '18 | 0 |
| Jan '19 | 0 |
| Feb '19 | 0 |
| Mar '19 | 1 |
| Apr '19 | 0 |
| May '19 | 1 |
| Jun '19 | 0 |
| Jul '19 | 0 |
| Aug '19 | 0 |
| Sep '19 | 0 |
| Oct '19 | 0 |
| Nov '19 | 0 |
| Dec '19 | 0 |
| Jan '20 | 0 |
| Feb '20 | 0 |
| Mar '20 | 0 |
| Apr '20 | 0 |
| May '20 | 0 |
| Jun '20 | 0 |
| Jul '20 | 0 |
| Aug '20 | 0 |
| Sep '20 | 0 |
| Oct '20 | 0 |
| Nov '20 | 0 |
| Dec '20 | 0 |
| Jan '21 | 0 |
| Feb '21 | 0 |
| Mar '21 | 0 |
| Apr '21 | 0 |
| May '21 | 0 |
| Jun '21 | 0 |
| Jul '21 | 0 |
| Aug '21 | 0 |
| Sep '21 | 0 |
| Oct '21 | 0 |
| Nov '21 | 0 |
| Dec '21 | 2 |
| Jan '22 | 1 |
| Feb '22 | 0 |
| Mar '22 | 0 |
| Apr '22 | 1 |
| May '22 | 1 |
| Jun '22 | 0 |
| Jul '22 | 0 |
| Aug '22 | 0 |
| Sep '22 | 0 |
| Oct '22 | 0 |
| Nov '22 | 1 |
| Dec '22 | 0 |
| Jan '23 | 1 |
| Feb '23 | 1 |
| Mar '23 | 0 |
| Apr '23 | 0 |
| May '23 | 0 |
| Jun '23 | 0 |
| Jul '23 | 1 |
| Aug '23 | 0 |
| Sep '23 | 1 |
| Oct '23 | 0 |
| Nov '23 | 1 |
| Dec '23 | 0 |
| Jan '24 | 0 |
| Feb '24 | 1 |
| Mar '24 | 0 |
| Apr '24 | 1 |
| May '24 | 1 |
| Jun '24 | 0 |
| Jul '24 | 0 |
| Aug '24 | 0 |
| Sep '24 | 0 |
| Oct '24 | 0 |
| Nov '24 | 0 |
| Dec '24 | 0 |
| Jan '25 | 0 |
| Feb '25 | 0 |
| Mar '25 | 0 |
| Apr '25 | 0 |
| May '25 | 0 |
| Jun '25 | 0 |
| Jul '25 | 1 |
| Aug '25 | 0 |
| Sep '25 | 1 |
| Oct '25 | 1 |
| Nov '25 | 0 |
| Dec '25 | 1 |
| Jan '26 | 0 |
| Feb '26 | 0 |
| Mar '26 | 0 |
| Apr '26 | 0 |
| May '26 | 1 |
| Jun '26 | 0 |
| Jul '26 | 0 |
| Aug '26 | 0 |
| Sep '26 | 0 |
| Oct '26 | 0 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| Enterprise Software | 13 |
| Clean Energy & Sustainability | 6 |
| Transportation & Logistics | 6 |
| Data, Analytics & IT | 5 |
| Hardware & Robotics | 5 |
| Manufacturing | 5 |
| Networks, Cloud & Communication | 4 |
| Media & Entertainment | 4 |
| AI & Machine Learning | 4 |
| AR/VR | 3 |
| Fintech | 3 |
| Space & Frontier Tech | 2 |
| Developer Tools | 2 |
| Education & Workforce | 1 |
| Government & Defense | 1 |
| Cybersecurity & Privacy | 1 |
| Professional Services | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 2 |
| $5M-$10M | 11 |
| $10M-$25M | 9 |
| $25M-$50M | 2 |
| $50M-$100M | 0 |
| $100M-$250M | 0 |
| $250M-$500M | 0 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 2 of 2 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| Europe | 23 |
| United States | 1 |
Co-Investors
Bubble size = shared deals
Click a bubble to open that fund in a new tab.
Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.
| Co-investor | Shared deals |
|---|---|
| Bayern Kapital | 4 |
| Future Energy Ventures | 4 |
| 360 Capital Partners | 3 |
| High-Tech Grunderfonds | 3 |
| WEPA Ventures | 3 |
| Banpu NEXT | 2 |
| Capnamic Ventures | 2 |
| Emerald Technology Ventures | 2 |
| Entrepreneurs Investment Fund | 2 |
| eValue | 2 |
| Flatz Hoffmann | 2 |
| Founder Collective | 2 |
| Helen Ventures | 2 |
| LocalGlobe | 2 |
| Push Ventures | 2 |
| Scania Growth Capital | 2 |
| SET Ventures | 2 |
| SpeedUp Group | 2 |
| Technologiegründerfonds Sachsen | 2 |
| Third Sphere | 2 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 7 | 29% |
| Participating | 17 | 71% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 1 | 14% |
| Co-led | 6 | 86% |
Team
Managing Director
Investment Director
Investment Manager
Media and Communications
Investment Director
Engagement Manager
Investment Manager
Theodor Schulte is an Investment Manager at EnBW New Ventures.