As the global shift towards sustainable energy intensifies, Future Energy Ventures (FEV) confirms the closure of its second fund, Future Energy Ventures Fund II, amassing €205 million. Additionally, a dedicated €30 million Italian fund has been launched.
Originally bolstered by E.ON SE and the European Investment Fund (EIF), the fund now garners support from several influential investors, including KFW Capital, ABN AMRO, and CLP. The Italian fund, fully supported by CDP, operates alongside the main fund.
“The closing of this fund demonstrates that energy technology is increasingly being recognised as a significant market,” states Jan Lozek, CEO of Future Energy Ventures. The fund aims to fuel innovation in areas like storage, grid optimization, and renewable energy, aligning financial returns with global relevance, thereby asserting the economic importance of the energy transition.
In 2025, European EnergyTech ventures have attracted significant investment, underscoring the rising capital flow into digital solutions for energy transition. Germany’s Terra One secured €150 million to expand its battery storage, while the Netherlands’ Sympower raised €42 million for BESS optimization. Other notable funding includes Belgium’s LIFEPOWR with €5.65 million and Spain’s Clevergy with €3.2 million.
Additional investments include Italy’s Renewcast with €1 million and Dutch startup Twindo with €1 million. Germany’s etalytics extended its Series A to €16 million, indicating strong market momentum.
These investments, totaling about €219 million in 2025, reflect a robust endorsement of software-centric EnergyTech in Europe. Meanwhile, Paris-based Serena, Armilar, and Backed VC launched funds targeting AI, DeepTech, and frontier technologies, collectively accumulating over €400 million in capital.
Future Energy Ventures, founded by RWE and E.ON, emphasizes digital, asset-light solutions for the renewable energy transition. Operating as both advisor and operator, FEV’s investments focus on AI-driven, software-based technologies enhancing grid efficiency and flexibility.
“Europe has the innovation power, talent, and industrial capacity to take a leading role in the global energy transition,” highlights Veronique Hördemann, Managing Partner and CFO of FEV. The organization calls for political frameworks that promote investment and scaling to realize Europe’s potential in energy technology.
As geopolitical tensions and environmental concerns heighten the focus on energy sovereignty, FEV’s strategic investment in energy technologies marks a crucial step towards economic prosperity and sustainability.
Original Story at www.eu-startups.com