Mirova
59, Avenue Pierre Mendès France, Paris, Île-de-France, 75013, France
Overview
Mirova is an investment manager dedicated to sustainable investing through a conviction-driven approach. Mirova provides its clients with investment solutions that combine financial performance with environmental and social impact. Mirova's diverse expertise, as well as its ability to innovate and form alliances with the best experts, enable them to direct capital toward the needs of investment in a real, sustainable, and value-creating economy.
- Total investments
- 24
- Lead investments
- 10
- Investments · 12mo
- 7
- Active investors
- 13
Investment portfolio
- Yanara
Led · Equity · Jul 2026
Yanara is developing a 5.1GW portfolio of utility-scale solar, wind and battery energy storage systems across Australia, India and the Philippines. The company is advancing a gigawatt-scale pipeline in Australia, including more than 2GW of solar and BESS projects targeted across Victoria, New South Wales and Western Australia. Its flagship Mortlake Energy Hub in Victoria is planned to deliver 450MW of solar paired with 600MW/2,400MWh of battery storage delivered in two stages. Yanara recently secured a €150 million investment from Mirova to accelerate the development of its Australian pipeline. Company leadership cited the funding as critical to bringing hybrid renewable and dispatchable energy projects to market. The article did not disclose revenue, user metrics, prior funding rounds, or valuation.
- Ecofy
Led · Debt Financing · May 2026
Co-founded in 2022 and based in Mumbai, Ecofy provides financing for economically sustainable climate initiatives including EVs, rooftop solar systems, energy-efficient equipment, energy storage, e-mobility, waste recycling, and water management. The company serves over 130,000 customers across 26 states and more than 500 cities and has grown assets under management to over Rs 1,400 crore. Ecofy reported revenue from operations rising 4.8X to Rs 93.3 crore in FY25 from Rs 19.19 crore in FY24, while losses increased 15.6% to Rs 42.28 crore. Its loan book is entirely retail, supported by partnerships with more than 100 OEMs and more than 23 banks and financial institutions. After recent fundraises, including the $15 million debt from Mirova and earlier equity from British International Investment, Finnfund, and FMO, the company cites a capital adequacy ratio of approximately 50% as it scales lending for rooftop solar and electric mobility across India.
- Battery Smart
Led · Debt Financing · Apr 2026
Battery Smart operates a battery-as-a-service platform that lets EV drivers swap depleted batteries for charged units in minutes, reducing vehicle downtime and upfront costs. The company serves primarily last-mile delivery and passenger mobility segments and partners with local operators to run its stations. It currently runs more than 1,600 partner-led stations across 50 cities. Battery Smart plans to expand its BaaS infrastructure and network of partner stations, with the recent debt funding intended to accelerate that roll-out and improve access for gig workers and fleet operators. The startup has raised about $192 million to date, including a $65 million Series B and a $29 million extended Series B. Financially, the company reported a 52% year-on-year increase in operating revenue to Rs 249 crore in FY25 and stated it has reached operating break-even and become EBITDA positive.
- GridBeyond
Participated · Equity · Mar 2026
GridBeyond develops hardware and software to coordinate distributed energy resources—solar, wind, batteries, hydropower—and flexible industrial and commercial loads to operate as virtual power plants. The company manages approximately 1 gigawatt of generation and storage and several gigawatts of demand-side flexibility, including a 200-megawatt battery installation in California. GridBeyond’s controllers and software are deployed across sites in Australia, Ireland, Japan, the UK, and the United States. Its platform enables rapid response and market participation, allowing batteries and flexible loads to perform grid balancing and power arbitrage. The company is using the newly raised €12 million equity to expand its portfolio of managed assets and deployments.
- Lifeaz
Participated · Equity · Feb 2026
Founded in 2015, France-based Lifeaz builds defibrillators that combine intuitive hardware with connected technology to guide untrained users through cardiac emergencies. The devices perform automated self-checks and transmit status data so owners can be confident they are always operational. Beyond hardware, the company offers a free mobile app and in-person workshops that teach life-saving skills and boost emergency preparedness. Lifeaz targets both private residences and professional settings, seeking to raise awareness and penetration of defibrillators outside traditional public venues. With fresh capital, the team plans to accelerate European expansion, broaden its customer base, and hire additional staff. Management’s stated goal is to increase the number of lives saved through wider availability and better training. The recent €13 million raise strengthens the company’s balance sheet for this next growth phase.