Participated · Equity · Dec 2024

Bnewable develops and operates battery systems and an in-house energy management platform called Voltana to optimize solar production for commercial customers. The platform uses data-driven algorithms and machine learning to control batteries for optimal usage, combined with steering and trading of excess energy by an internal team of energy experts. The company offers a "battery-as-a-service" model, providing both the technology and the investment in the battery itself. Bnewable says its solutions both maximize customers' solar efficiency and contribute to grid stability amid rising electrification. The company plans to accelerate operations in Belgium, invest further in battery storage at customer sites, and pursue broader Belgian and European ambitions. Bnewable was founded in 2022 and is led by CEO Christophe Degrez and Kristof Vereenooghe.

Participated · Series B · Jan 2024

Electra builds and operates ultra-fast EV charging stations, offering a full-stack solution that includes in-house charger operating software, a consumer app, and a fleet management platform. The company currently runs more than 500 stations comprising over 3,000 active charging points and serves 500+ commercial fleets. Electra plans to scale its footprint to 2,200 stations and 15,000 high-power charging points by 2030, focusing on dense urban areas, transit hubs, business districts, and major traffic corridors. Each site is being developed into an intelligent energy hub that can integrate battery storage and solar generation to optimise grid load and energy costs. The company participates in the Spark Alliance, giving its users access to over 11,000 compatible chargers across Europe. Since inception Electra has raised more than €1 billion, including over €600 million in equity and the newly secured green loan facility, to fund the roughly €1.1 billion of infrastructure investment required for its roadmap. Management prioritises deep market leadership in its existing nine countries over rapid geographic overextension, while remaining open to opportunistic M&A that meets strategic and cultural fit criteria.

Participated · Equity · Dec 2023

Néolithe is an industrial startup based in Angers that develops accelerated fossilization technology to treat waste and produce recycled aggregates. Its core product is a fossilisers system that integrates all steps of waste treatment and aggregate production. The process reduces emissions and is estimated to sequester 420 kg CO2e per tonne of waste treated. Fossilisers will have the capacity to treat 100,000 tonnes of waste per year and the company plans to replicate them across the territory to manage waste locally. Aggregates will be distributed through local construction partners and targeted for medium-term road use under a partnership with Cerema. The company raised €60 million to develop its first industrial plants and accelerate commercial deployment.

Led · Series A · Dec 2021

DataQube Global Ltd designs and builds an innovative, modular standalone edge data centre module that can be deployed internally or externally within a six-month timeframe. Its person-free layout dedicates energy solely to powering IT, enabling a greater IT load per square metre and a substantially lower carbon footprint. Feasibility studies cited in the article report power consumption and CO2 reductions of as much as 56%; the company also states it can reduce CO2 by 50% while costing half of a conventional system. DataQube offers a range of cooling options, including next-generation immersive cooling, to further lower energy use and emissions. The system’s optimized IT capacity and efficient use of space reduce land, power and raw material requirements. DataQube intends to use the recent financing to accelerate commercialisation and meet growing demand for local edge data centres.

Led · Series A · Dec 2021

DataQube Global develops a scalable, standalone edge data centre module designed for rapid deployment. Led by CEO David Keegan, the company’s system can be deployed internally or externally within a six-month timeframe and at lower cost than conventional systems. Its lightweight structure and sterile operational environment enable installation in internal and external edge locations where traditional infrastructure is infeasible or not financially viable. The company intends to use the new funding to accelerate commercialization of its modular edge data centre. The business raised €26M in Series A financing to support those commercialization efforts.