Innovation Hub by Innogy

innogy innovation hub

Innovation Hub by innogy is a driver of new ideas, business models, and disruptive paradigm shifts in the fields of artificial intelligence, energy, cyber ventures, and more. Its mission is to create a sustainable innovation culture that is built on people of all backgrounds. Toward this end, Innovation Hub invests in global startups and accelerates businesses that are ready to scale up.

Overview of Innovation Hub

Innovation Hub seeks to partner with international startups and businesses in four main areas:
Machine economy – Includes the “Internet of Things,” artificial intelligence, and decentralized blockchain-based models
Smart & Connected – Includes innovation in the fields of safety, security, management, maintenance, climate, convenience, building automation, and redefining the office
Disruptive Digital – Includes identifying and fostering new business models to revolutionize energy generation, trading, grid, and retail sectors
Cyber Ventures – Includes ventures that take on global cyber security challenges and seek to create significant shifts in the cyber market

Brief History

Innovation Hub was founded in 2014 by Innogy, a European energy company that generates energy from renewable sources and provides innovative solutions in the fields of storage technologies, electromobility, and energy sufficiency. Since its inception, Innovation Hub has generated a multimillion-dollar portfolio and has provided opportunities for 90 startups and scale-up companies to collaborate.

Geographically

Innovation Hub is headquartered in Essen, Germany and has outposts in Silicon Valley, Tel Aviv, London, and Berlin. Its global presence is in congruence with its mission of encouraging innovation through people of all backgrounds.

Significant Investments

Innovation Hub has invested in a number of pioneering companies in its four main areas of focus. In March 2019, Innovation Hub added FirstPoint Mobile Guard to its portfolio. FirstPoint is a cellular cyber-security-as-a-service company that protects mobile devices from hidden vulnerabilities. In April 2019, Oriient joined the ranks of Innovation Hub investments as a company listed under its Smart & Connected focus area. Oriient is a groundbreaking startup that offers GPS-like service indoors. In May 2019, Innovation Hub announced that it was investing in GreenCom Networks, an energy IoT company that has a flagship product, the Energy Information Brokerage Platform (EIBP), that creates revolutionary energy business models.

Since 2017, Innovation Hub has been a partner of the Free Electrons program, which takes place annually and allows startups in the field of energy to compete for a cash prize and the opportunity to work with 10 Global Energy Utilities (the Free Electrons consortium) for a year. The connection with Greencom Networks was actually made through this program, as Greencom was one of the 12 finalists selected out of 450 companies that competed.

News

Innovation Hub is an accelerator that never ceases to look for new partners and investments. In April 2019, Innovation Hub and F2 Capital pledged $4 million in seed funding to Oriient in order for the company to bring its product to world-leading retailers. In June 2019, Innovation Hub and Intertrust Technologies co-hosted Transforming Transformers, the first thought leadership conference on the convergence of energy and internet technologies. The conference was held in Dusseldorf and more than 200 guests attended to hear industry experts discuss the future of data-driven energy.

More Companies in Europe

Prime Ventures

Prime Ventures

Read about Prime Ventures, a European venture capital company with a strong focus on technology. Find out how the company was founded and read about its significant investments.

Read More
entrepreneur first logo

Entrepreneur First

Entrepreneur First is an international investment company interested in helping people build technology companies.

Read More
HSBC Logo

HSBC

Read about the British financial banking group HSBC and how they are making massive investments into securing a global low-carbon economy of the future.

Read More
Permanent TSB logo

Permanent TSB Group Holdings

Read about Prime Ventures, a European venture capital company with a strong focus on technology. Find out how the company was founded and read about its significant investments.

Read More
Invex Ventures

Index Ventures

Index Ventures is an international venture capital company that focuses on technology-aided companies.

Read More
robeco

Robeco

Read about the Dutch investment company Robeco. Learn how the company has grown from the time it was established in 1929.

Read More
investcorp

Investcorp

Read about Investcorp, a leading international investment company with a strong presence in Europe. Discover more about the company’s geographical presence and some of its significant investments.

Read More

Investors with Interest in Europe

Robert Wuttke

Robert Wuttke

Read about Robert Wuttke, a German angel investor who has made several investments in the technology and energy trading industries.

Read More
Alice Bentinck

Alice Bentinck

Alice Bentinck is a British entrepreneur and the co-founder of Entrepreneur First and Code First: Girls. Read about Bentinck’s early life and education and find out what put her on the path of helping entrepreneurs succeed.

Read More
Osman Semerci - Global Investor

Osman Semerci

Read about Osman Semerci, an award-winning investment executive with over two decades of experience in international investment.

Read More
tim schumacher

Tim Schumacher

Tim Schumacher is a serial entrepreneur and investor. Find out how his career started, read more about his business interests and see what his most significant investments are.

Read More
Ophelia Brown

Ophelia Brown

Ophelia Brown is a British investor with a special interest in technology. Read about Brown’s early life and career and find out more about her most significant investments.

Read More
davidwaro

David Waroquier

See why Belgian investor David Waroquier believes that Russia is an ideal destination for investment. Read about Waroquier’s investments in the country through his firm Mangrove Capital Partners.

Read More
Gianni Matera

Gianni Matera

Gianni Matera, Italian angel investor who is investing large amounts of money into tech startups in Ireland with aspirations of taking business abroad to US

Read More
Robert Gaal

Robert Gaal

Read about Robert Gaal, a Dutch entrepreneur and angel investor with an interest in technology. Find out about Gaal’s career and learn more about some of his most significant investments.

Read More
Mark Bivens

Mark Bivens

Read about Mark Bivens, an entrepreneur, high-tech angel investor and cryptocurrency educator who has a broad range of investments throughout Europe and Japan. Find out more about his interests and activities.

Read More