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Learn which startups Vireo Ventures invests in, what size check sizes they write, and who their partners are (e.g. ).
Key people at Vireo Ventures.
Vireo Ventures is a venture capital firm investing in European seed and pre-seed technology startups. The firm backs digital solutions for the energy and mobility sectors, accelerating the transition to an all-electrified world. Its strategy targets innovations fostering sustainable energy systems and advanced electric transportation through foundational technologies.
Co-founded by Felix Krause, Matthias Engel, Mischa Wetzel, and Thomas Labryga, the firm stemmed from their extensive entrepreneurial experience, especially in the energy sector. Their insight highlighted the need for early-stage capital and expertise to support ventures poised to reshape future energy and mobility landscapes.
Vireo Ventures' portfolio companies provide technologies enhancing efficiency and sustainability for users in electrified environments. The firm envisions a comprehensively electrified future, empowering startups building its digital infrastructure. It aims to be a pivotal force in Europe's journey towards greener energy and sustainable mobility.
Vireo Ventures is a Berlin-based seed and pre-seed venture capital firm founded in 2020, specializing in European technology startups advancing electrification, digitalization, and decarbonization in the energy and mobility sectors.[1][2] Its mission centers on backing highly scalable, software- and hardware-enabled companies that optimize power grids, enable sector coupling (seamless integration of energy, mobility, and industrial sectors), and drive a connected, all-electric future, leveraging deep sector expertise for hands-on mentorship and rapid scale-up.[1][2] The firm targets impactful investments in smart grids, climate-resilient solutions, and renewable energy ecosystems, recently closing a €50 million Vireo Electrification Fund in 2024 backed by the European Investment Fund, aiming to support around 30 early-stage companies.[2][3]
Vireo Ventures significantly influences the startup ecosystem by bridging gaps in the renewable energy value chain, fostering innovation that delivers both climate impact and strong financial returns, with a focus on real-time asset communication for optimal energy use.[1][2]
Vireo Ventures was founded in 2020 in Berlin, Germany, by energy market experts including Felix Krause (Managing Partner), Julian Mallmann (Partner), Jason Rees (Venture Partner), and Johanna Holmstrom (Venture Partner).[2][4] The firm's evolution reflects a sharpened focus on electrification and energy transition, emerging from founders' deep domain knowledge in energy and mobility to address decarbonization challenges through digital and hardware innovations.[1][2] Key milestones include launching its initial fund and closing the €50 million Vireo Electrification Fund in December 2024, attracting backing from the European Investment Fund to empower European founders in building an electrified world.[2][3][4]
Vireo Ventures rides the electrification and energy transition trend, capitalizing on Europe's push for decarbonization amid rising renewable energy adoption and grid modernization needs.[1][2] Timing is ideal with EU green policies, falling battery costs, and sector coupling demands, which amplify market forces like volatile energy prices and net-zero goals.[1][3] The firm influences the ecosystem by funding startups that connect assets across value chains, accelerating software/hardware innovations in smart grids and mobility, and drawing institutional capital like the European Investment Fund to scale climate tech.[2][3]
Vireo Ventures is poised to expand its portfolio toward 30 investments via its €50 million fund, prioritizing hardware-software hybrids that enable full sector coupling and AI-driven energy optimization.[2][3] Rising trends like AI for grid management, EV infrastructure growth, and policy-driven renewables will shape its trajectory, potentially evolving its influence through follow-on funds and deeper LP partnerships.[1][2] As electrification backbone investments, Vireo positions itself at the heart of Europe's green transformation, delivering outsized impact in a decarbonizing world.[1]
Key people at Vireo Ventures.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 17, 2026 | nuuEnergy | $5.1M nuuEnergy Seed | amberra, Björn Schmuck | Better Ventures, Bynd, Gerrit Gnisa, Johannes Weber |
| Nov 12, 2025 | ImpactNexus | $930K Seed | — | encourageventures |
| Nov 1, 2025 | Pionix | $9.0M Seed | Jerry Hong | Axeleo Capital, Future Energy Ventures, Pale Blue Dot, Felix Krause, Seedfonds Baden-Wurttemberg |
| Jun 1, 2025 | Atmen | $6.0M Seed | Project A | Coatue, Sunfish Partners, Christian Hülsewig, Lukas Brosseder, Oliver Roskopf, Patrick Andrae, Philipp Kloeckner, Robert Maier, Rubin Ritter, Axel Stepken, Christian Vollmann, Martina Merz, Revent |
| Feb 1, 2025 | dsb Deutsche Sanierungsberatung | $4.0M Seed | Vireo Ventures | Amazon Alexa Fund, BDC Venture Capital, Future Energy Ventures, Relay Ventures, Revolution |
| Dec 12, 2024 | ARTEM | $1.7M Seed | Vireo Ventures | — |
| May 8, 2024 | Atmen | $1.4M Pre-Seed | Henrik Grosse Hokamp | UnternehmerTUM, Sven Heiligtag |
| Jan 1, 2024 | encentive | $3.0M Seed | Dominik Bär | Balderton Capital, Mario Götze, Stefan Mueller, Niklas Jansen, Smart Infrastructure Ventures, Matthias Engel |
| Jun 1, 2023 | About:Energy | $2.0M Seed | — | Future Energy Ventures, Fabrice Bernhard, Laura Webster, Mandeep Manku, Nick Banner, Rishi Khosla, Electric Revolution Ventures, HighSage Ventures, Kieran Borrett, Felix Krause |