EWE
Tirpitzstr. 39, Oldenburg, Niedersachsen, 26122, Germany
Overview
EWE is the first fully integrated group to bring together the expertise needed for the sustainable energy economy of the future in the key fields of energy, telecommunications and information technology. EWE operates mainly in the north of Germany and is for the most part owned by local councils. As an innovative service provider with a regional focus, EWE is active in the business areas of energy, telecommunications and information technology. By bringing these three areas together under one roof, the Group is well-placed to develop and operate intelligent energy systems. Thanks to its range of innovative products for private and corporate customers, EWE is shaping the energy supply of tomorrow with the greatest possible sustainability, efficiency and reliability. With more than 9,000 employees and sales of over 8 billion euro, EWE is one of the largest utility companies in Germany. The Group, based in Oldenburg, Lower Saxony, is primarily owned by the local government. In northwest Germany, Brandenburg and Rügen, as well as parts of Poland and Turkey, EWE provides about 1,3 million customers with electricity, 1,7 million with gas, and about 700,000 with telecommunication services. To achieve this, the various companies in the EWE Group operate about 200,000 kilometres of energy and telecommunication networks. Furthermore, the EWE subsidiary BTC is among Germany’s most important IT service providers.
- Total investments
- 4
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Energy
- Information Technology
- Telecommunications
Investment portfolio
- Solytic
Led · Equity · Mar 2022
Solytic provides an energy monitoring platform that uses AI to create a digital twin of PV installations and assess performance. The company focuses on automatic performance assessment through its analytical model and real-time analytics. It has operated in the German PV market since 2017 and monitors close to 200,000 independent distributed PV installations, accumulating a database of more than 50 TB. Solytic works with international brands such as Kostal and Vaillant. The new capital will be used for further product development and to build AI-based care technology for PV installations. The company plans to start operations in Poland and Western Europe and is seeking partners among companies that install and operate PV systems. Solytic is a Germany-based PV monitoring software startup that has released an online tool comparing major commercially available solar monitoring platforms. The comparison evaluates ten criteria, including platform cost per 1 MW generated annually, requirement for additional hardware, ticketing systems, configurable performance reports, error detection and interpretation, irradiation data, performance-ratio calculation, and distinction between string plan and digital twin/portfolio management. Solytic’s platform scored best in the comparison, registering the lowest platform cost per 1 MW, requiring no additional independent hardware, and offering all tracked features. Gantner’s Web Portal, Quantum’s Renewable Cloud and Synaptiq were also evaluated, with Gantner roughly 55% more expensive per MW and the others not publicly sharing per‑MW costs; Synaptiq alone was scored to offer optional string plan/digital twin distinguishment. In March Solytic secured what it described as "a medium seven‑digit sum in its Series A round," roughly $9 million, with key investments from Vattenfall, EWE and THELO Investors. Following the funding announcement the company said it plans to expand monitoring coverage from 100,000 PV plants to 1,000,000 within three years.
- Comgy
Participated · Equity · Dec 2021
Comgy, founded in 2017 by Ruben Haas, Lukas Krauter and Simon Stürtz, builds digital metering solutions for the housing and energy industries. Its offerings range from a full‑service solution for real estate managers to modular self‑service SaaS products for self-billers, energy service providers and other metering services. The company emphasizes continuous, easy-to-understand consumption feedback for tenants aimed at cutting heating costs by 10–30% and avoiding unnecessary billing shortfalls. Comgy reports managing over 60,000 residential and commercial units and employs about 60 people. It has received multiple investments and intends to use new growth capital to expand its reach in Germany and across the EU.
- Zenhomes
Participated · Series A · Aug 2019
Zenhomes operates a digital platform that connects landlords, tenants, and service providers through its core brand Vermietet.de, which provides rental management, asset management, and building maintenance services. The platform aims to increase transparency and reduce time-consuming, repetitive tasks and financial losses from mismanagement. Zenhomes envisions an ecosystem of connected, digital platforms that aggregate housing and bring together stakeholders across the real estate value chain. The company targets younger investors with modern assets and plans to position Vermietet.de as a leading aggregator of housing in Germany. Founded in 2016 and based in Berlin, Zenhomes emphasizes a holistic, end-to-end proptech approach. Financially, the startup has raised a total of €19 million to date.