Siemens Energy Ventures
Siemens Energy Ventures, founded in 2020, is the venture capital arm of Siemens Energy. The organization focuses on investing, building, and piloting ventures that aim to transform energy systems and combat climate change. Siemens Energy Ventures targets startups that develop innovative technologies and business models to create sustainable, reliable, and affordable energy solutions. Their investments cover a wide range of sectors including renewable energy, energy storage, smart grids, and industrial decarbonization. By partnering with entrepreneurial teams, Siemens Energy Ventures provides financial backing, strategic guidance, and access to Siemens Energy’s extensive expertise and global network.
The approach of Siemens Energy Ventures involves four main activities: venture building, venture clienting, venture capital, and nurturing a startup ecosystem. They build new ventures and scale existing ones, become early customers of promising startups to refine solutions, provide strategic growth capital, and create a community of innovators and investors. This multifaceted strategy ensures that Siemens Energy Ventures not only supports the technological advancements needed for the energy transition but also drives the practical application and commercialization of these innovations, ultimately contributing to a sustainable energy future.