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

robeco

Robeco

Robeco is a Dutch asset managing company headquartered in Rotterdam, Netherlands. As in December 2017, Robeco had AuM to the value of €191 billion under ...
Read More
Permanent TSB logo

Permanent TSB Group Holdings

Permanent TSB Group Holdings is an Irish financial services provider. Read about the company’s history and learn more about its significant investments.
Read More
Credo Ventures logo

Credo Ventures

Credo Ventures is a venture capital firm based in Prague, Czech Republic that focusses on investing in seed and early-stage technology start-up companies in Central ...
Read More
Vital Capital and its founder Eytan Stibbe are opening the door for others and creating impact investment opportunities across the African continent.

Vital Capital

Vital Capital and its founder Eytan Stibbe are opening the door for others and creating impact investment opportunities across the African continent.
Read More
Prime Ventures

Prime Ventures

Prime Ventures is a public venture capital firm with interests in the European technological entrepreneurial market.
Read More
investcorp

Investcorp

Investcorp is a global alternative investment company that caters to both private and institutional clients
Read More
entrepreneur first logo

Entrepreneur First

Entrepreneur First is an international investment company interested in helping people build technology companies.
Read More
Invex Ventures

Index Ventures

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

TRG Capital

Etienne vantKruys’ Token Research Group Capital is a Digital Assets Firm Changing the Way Investors See Decentralized Finance and Emerging Blockchain Tech.
Read More

Investors with Interest in Europe

Errol Damelin - Early Stage Investor

Errol Damelin

Errol Damelin is a South African entrepreneur and early-stage technology investor, who has previously been recognized as Digital Entrepreneur of the Year
Read More
Russell Buckley

Russell Buckley

Russell Buckley, an English investment specialist and avid investment blogger known for his fresh and founder-friendly approach to investment.
Read More
Alice Bentinck

Alice Bentinck

Alice Bentinck is an award-winning British entrepreneur, business executive, and the co-founder of Entrepreneur First and Code First: Girls. She is known as a strong ...
Read More
Gil Smolinski Гиль Смолинский

Gil Smolinski

Gil Smolinski is an angel investor and business developer who has several decades of experience in the tech industry. He is the co-founder and managing ...
Read More
Pete Flint

Pete Flint

Pete Flint is a British internet entrepreneur in San Francisco. He is the founder and CEO of Trulia real estate
Read More
Etienne vantKruys

Etienne vantKruys

Etienne vantKruys is one of the foremost investors in the cryptocurrency space, and his decisions are changing Blockchain and Web 3.0 for the better.
Read More
Robert Gaal

Robert Gaal

Robert Gaal is a self-taught, self-made Dutch entrepreneur and investor. Gaal is best known as the founder of a range of tech startups. He is ...
Read More
Baldo Sanso

Baldo Sanso

Baldo Sanso is an Italian-Venezuelan executive and investor. He serves as president of Tracia Hong Kong and is Director of the Swiss China Corporation.
Read More
Pavao Vujnovac is an investor, entrepreneur, and energy executive helping to revitalize Croatian logistics and natural gas while creating bonds across Europe

Pavao Vujnovac

Pavao Vujnovac is an investor, entrepreneur, and energy executive helping to revitalize Croatian logistics and natural gas while creating bonds across Europe
Read More