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ENGIE New Ventures

Corporate

ENGIE New Ventures is the corporate venture arm of energy and services provider ENGIE, managing a fund focused on minority investments in innovative startups.

Portfolio

1

companies

AUM

£180M

under management


Portfolio companies

CE

Connected Energy

Connected Energy creates modular energy storage systems using second life electric vehicle batteries.


Team

JB

Johann Boukhors

Managing Director

Johann manages corporate venture capital at ENGIE New Ventures and holds several board and supervisory roles across energy and technology companies.

LinkedIn

Recent investments

Series B
£2.0M

The funding round was led by ENGIE New Ventures with participation from Low Carbon Innovation Fund 2, Sumitomo, and Macquarie.

"We almost double the working life of the batteries for vehicles and thereby greatly increase the value created from the resources already embedded in them. Our objective is to provide our end-customers with bankable energy storage systems and our battery supply partners with reliable routes to market for their second-life batteries,"
— Matthew Lumsden, CEO