Capital Energy Quantum plans to allocate 50 million euros to support energytech start-ups from their inception
After investing over 8 million euros since the last quarter of 2020, it is embarking on a new strategic step in which it is multiplying its budget by 2.5 times
- This Capital Energy investment vehicle seeks to broaden its spectrum of action, by putting in place a unique model tailored to the needs of the companies it supports, to which it will offer everything from a physical space to training, mentoring and networking services, together with business opportunities and access to financing.
- Capital Energy Quantum, which today launches its new corporate website, has to date committed to companies called to lead the transformation of the energy sector, and the services it provides to other industries, such as Hesstec, Klima Energy Transition Fund, Solum, Stemy Energy, Veltium and Infraclear
Madrid, 8 June 2023.- Capital Energy Quantum, Capital Energy’s investment vehicle which aims to identify energytech start-ups with the potential to transform the energy sector, and other adjacent sectors, with a view to reaching agreements and investing in them, as well as creating a portfolio of scalable, innovative companies with a global approach, is embarking on a new strategic phase in which it seeks to drive these types of companies from the outset.
To achieve this, Capital Energy Quantum will increase its current budget by 2.5 times, rising from the 20 million euros it started with in the last quarter of 2020 —of which it has already committed over 8 million euros to date— to the 50 million euros it plans to invest in the forthcoming years.
Quantum’s mission is to help develop teams and business models, foster sound and profitable companies and find those entrepreneurs with the ability to create and transform industry and society. Thus, the company wants to contribute to strengthening sustainable global economic development, in which innovation and technology play a critical role.
To accomplish its mission, Capital Energy Quantum has hitherto used various means, such as direct investment (venture capital), partnerships with start-ups (venture client) and the launch of open innovation challenges, such as those conducted last year in Galicia and Castile and León.
But at this new strategic juncture, the company is going to go further, implementing a unique model in its field of activity, tailored to meet the needs of the start-ups it supports, in particular those that are taking their first steps, to which it will offer everything from a physical space to training, mentoring and networking services, together with business opportunities and access to funding.
Entrepreneurs will also have the chance to discover how to build new businesses based on an idea, incubate companies or accelerate them, thereby generating an international ecosystem conducive to the creation and development of teams and models capable of offering solutions to the challenges faced by society today.
This investment vehicle is part of Capital Energy’s strategic commitment to fostering entrepreneurship and generating a vast network of knowledge in the field of sustainability. It also contributes to backing the company’s deep-rooted territorial impact strategy, which is mainly reflected in its Territories Project, by supporting the local industrial fabric and local talent.
Since its founding, Capital Energy Quantum has provided support to a series of domestic and foreign companies that are set to lead the transformation of the energy sector and the services it provides to other industries:
- 2021:
- Hesstec > a Valencian-Andalusian company engaged in the development of hybrid storage solutions.
- Klima Energy Transition Fund > a pan-European fund targeting energy transition driven by Alantra and Enagás.
- Solum > a company from Seville that has created a photovoltaic pavement that can generate fully renewable energy.
- 2022:
- Stemy Energy > a Madrid-based software platform that uses artificial intelligence to connect and manage consumers, allowing them to take an active part in the electricity market and help them reduce their electricity bills and carbon footprint.
- 2023:
- Veltium > a Basque company that develops, manufactures and markets hardware and software solutions for electric vehicle charging.
- Infraclear > a US platform offering a database of contracts in the infrastructure sector on which it offers different layers of services.
In the first years of its life, Quantum has also fostered seven pilot projects, with as many start-ups, of various kinds: gamification of sustainable behaviour (Light); electricity consumption unbundling system (Voltaware); smart charging devices to enhance the user experience at the point of sale (Chargy); BlockChain technology applied to certifying the origin of renewable energy (Flexidao); virtual reality to improve the operation and maintenance of wind farms (Onirix); predictive meteorological models to estimate wind farm production (Vexiza) and quantification of the direct and indirect effects of the installation of wind turbines (AYEconomics).
New website
Capital Energy Quantum is embarking on this new strategic step by launching its new corporate website, through which it intends to capture the attention of the domestic and international entrepreneurial community, with a focus on Europe, the United States and Israel, which it wants to accompany from the gestation phase of the ideas.
The new website has taken a complete about-turn from the previous one, optimising and making the browsing experience more intuitive for users. This new portal will enable users to find out more about the portfolio of disruptive start-ups it has already created, the pilots it has conducted, the innovation challenges it has launched so far and the company’s history… Quantum has also set up a contact section to welcome all proposals that seek to revolutionise the sustainable industry.
About Capital Energy Quantum
Quantum, which was launched by Capital Energy in 2020 and is currently endowed with 50 million euros, seeks to identify a portfolio of energytech start-ups with the potential to transform the energy sector and other adjacent sectors, reach agreements and invest in them. With this goal in mind, the company, which in the first phase was geared towards partnerships (venture client), direct investment (venture capital) and launching open innovation challenges, intends to support entrepreneurs from their very origin, offering them everything from a physical space to training, mentoring and networking services, as well as business opportunities and access to financing. Capital Energy Quantum is part of the group’s strategic commitment to promote entrepreneurship and generate a vast network of knowledge and talent in the field of sustainability. It also contributes to backing the company’s deep-rooted territorial impact strategy, by supporting the local industrial fabric and local talent.