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Smartworks

Corporate

Smartworks is the strategic corporate investment company owned by Wiener Stadtwerke Group and Wien Energie.

Portfolio

1

companies

By category

  • Uncategorised£3.3M

By location

  • London£3.3M

Portfolio companies

I

IONATE

IONATE builds the hardware and software backbone for smart electricity grids.


Team

KF

Klaus Fuchs

Investment Director

Klaus brings investment and venture development experience from roles at EquityPitcher Ventures, Smartworks, and Wien Energie. He has also held board observer and advisory positions across the startup and angel investing sector.

LinkedIn

Recent investments

Seed
£3.3M

The seed round was led by IQ Capital with participation from several specialist energy and deep-tech investors.

"Working through a pandemic, scaling what was just an idea to fully functioning devices in less than three years, shows not only our team’s skill and dedication but the conviction of our network that IONATE is a key technology for the energy transition. With visionary experts from deep-tech venture capital, the utility sector, and academia in this round, we could not have chosen more strategic partners for achieving IONATE’s huge potential. I’m very excited for the next chapter and to work side-by-side with our investors and partners on what promises to be a time of extraordinary development and growth."
— Matthew Williams, Founder and CEO