Our Startup Portfolio

Since the start of VERBUND X Ventures, we have invested in many excellent opportunities across the energy sector.

eFriends

eFriends enables real-time sharing, buying, selling, and trading of renewable energy among prosumers.

Targeting all households and small industries—whether they generate their own power or live in apartments where e.g. solar is not possible—the startup provides an innovative platform that allows users to share decentralized energy.

Quick Facts

  • Market: Austria
  • founded 2015, Austria
  • Managing Team: Matthias Katt & Klara Dimmel
  • Team Size: 20
  • 3.000 end customers
  • Co-Investors: Rockstart, RWA Invest, Wienerberger
  • TRL: 9
Logo of e-friends, a partner company of VerbundX specializing in digital networking and collaboration.

"VERBUND is one of the leading energy suppliers. The existing expertise and broad market access can be used to bring energy sharing closer to a wider audience. Verbund X supports us in communication with the various departments within the group to realise this potential."

eFriends

EOLOGIX-PING

EOLOGIX-PING is a sensor technology startup specializing in wind turbine solutions.

Advanced sensors and analysis software enhance availability, safety, and efficiency by detecting damage or obstructions such as icing, rotor blade damage, or lightning strikes. Their products empower operators to ensure optimal performance and extend the service life of turbines through timely interventions.

Quick Facts

  • Market: 27 countries
  • founded 2023, Austria (eologix 2014, Ping Services 2018)
  • Managing Team: Thomas Schlegl, Michael Moser & Matthew Stead
  • Team Size: > 40
  • Customers: Siemens Gamesa, General Electric, E.ON, RWE, Enel, EVN and many more
  • Co-Investors: Beraunberri, Emerald Technology Ventures, Helen Ventures, Nabtesco Technology Ventures, Orlen VC, Phoenix Contact Innovation Ventures
  • TRL: 6-9
  • Stage: Expansion
Logo of Eologix-PING, a partner of VerbundX developing innovative solutions in the field of sustainable energy.

"VERBUND X Ventures provides us with strategic investment, industry expertise, and market access, enabling us to accelerate innovation and scale our solutions to become the leader in continuous blade monitoring."

Rainer Müller Vice President of Finance, EOLOGIX-PING

Easelink

Easelink revolutionizes the charging experience of electric vehicles by developing a new standard for automated conductive charging.

The patented Matrix Charging® technology enables fully automated, conductive charging of electric vehicles without the need to manually plug in a charging cable, ensuring vehicles are connected to the grid whenever parked. This increased connection time allows EV batteries to serve as decentralized buffer capacities, stabilizing the volatility of renewable energy sources and enhancing grid resilience contributing to a smarter, more sustainable energy system.

"The partnership is not just supporting Easelink´s vision through an investment but also via joining efforts in product development and standardization. Together, we are creating a seamless EV user experience while significantly advancing the future of clean energy."

Easelink

NECTURE

NECTURE empowers businesses to unlock the full potential of fleets, seamlessly bridging the gap between mobility and energy.

Combining human-driven information with data-driven intelligence, NECTURE provides tailored solutions that optimize operations, reduce costs, and achieve sustainability goals.

NECTURE is building a world where electric fleets are not only possible, but thrive.

Quick Facts

  • Market: 15 cities worldwide
  • founded 2015, Austria
  • Managing Team: Christian Adelsberger, Raffaele Giaquinto, Christoph Walcher
  • Team Size: 30
  • Customers: Miles, awto, Eloop, GreenGo, wigo, Mol Limo
  • Co-Investors: smartworks, energie360, speedinvest
  • TRL: 4-9
  • Stage: Serie A+
Logo of Necture, a partner company of VerbundX developing sustainable and efficient energy solutions.

"VERBUND X Ventures brings serious commitment, passion for the energy transition, and an honest belief in start-ups' power to make a difference."

Christian Adelsberger Founder & CEO, Necture

Ogre AI

Ogre AI is an innovative startup focused on energy forecasting, providing AI-driven models to optimize predictions for energy production and consumption.

Their advanced solutions help energy providers manage the volatility of renewable sources like solar and wind, minimize operational risks, and improve the efficiency of grid management.

Quick Facts

  • Markets: Romania, Greece, Moldova, Bulgaria, Austria, Netherlands
  • founded 2020, Romania
  • Managing Team: Matei Stratan, Paul Musca, Mihai Cucuringu
  • Team Size: 19
  • Customers: ENEL, PPC, E.ON, VERBUND and more
  • Co-Investors: Early Game Ventures, MMC Ventures, Sofia Ventures, Soulmates Ventures
  • TRL: 9
  • Stage: Seed
Logo of Ogre, an innovative partner of VerbundX providing intelligent solutions in technology.

"Verbund X Ventures has been instrumental in our growth, leveraging their extensive network to connect us with key opportunities and insights. Their strategic support as well as invaluable know-how have been a key a driving force behind our innovation and recent market expansion, positioning us for lasting success."

Ogre AI

TTTech NEXUS

TTTech NEXUS is developing an Industrial Energy Management Solution that provides comprehensive data processing, visualization, monitoring, and optimization features.

The initial product is set to provide a highly secure and reliable platform for data exchange between industrial energy consumers and energy market participants. 

Quick Facts

  • Markets: Austria & Germany
  • founded 2024, Austria
  • Managing Team: Tobias Birsak, Alexander Bogensperger, Sebastian Haid
  • Customers: Industry, Energy Suppliers
  • Co-Investors: TTTech
Logo of ZYNE by TTTech, a partner company of VerbundX in the field of innovative technologies.

"We're revolutionizing energy management by unlocking the full potential of energy data, customer flexibility, and cost savings. Our solution optimizes energy systems across multiple levels – from local customer installations to entire balancing groups – by leveraging real-time energy data. The platform intelligently manages energy flows and optimizes renewable energy usage based on economic factors."

Tobias Birsak Managing Director Strategy & Finance, TTTech NEXUS

Reduxi

Reduxi offers a home energy management system tailored for households and small enterprises.

Founded in Austria as the parent company of Slovenia's Amibit, Reduxi's flagship product, the Reduxi-Controller, optimizes energy consumption using advanced algorithms. This solution balances grid load, providing stable networks for suppliers and lower costs for users.

Quick Facts

  • Markets: 14 European countries
  • founded 2015, Slovenia
  • CEO & Founder: Aleš Nastran
  • Team Size: 32
  • Customers: Porsche Slovenia, GEN-i, InterEnergo, Xella, Energetika Maribor, ECE, TAB.si and more
  • Co-Investors: Acex Ltd.
  • TRL: 9
  • Stage: Scale-Up
Logo of reduxi, a startup and partner of VerbundX focusing on innovative energy solutions.

"This partnership enables Reduxi to further develop its innovative energy management technologies and accelerate market growth, significantly enhancing efficiency and sustainability in the energy sector."

Reduxi

SPiNE

SPiNE is an energy tech startup, specializing in decentralized energy management. They develop an energy application platform as local middleware stack, running on industry-standard edge devices (including CLS devices), and integrating seamlessly with the smart meter infrastructure.

Their solution enables efficient communication and control of energy systems, supporting applications like dynamic electricity tariffs and device management for smart grids. The unique selling proposition is the 100% capability and flexibility for all energy use cases in one hardware, thus reducing the hardware cost of installation and maintenance significantly. Energy app providers benefit from a simple and secure shipping of their applications, offering them a new cost-effective go-to-market channel.

Quick Facts

  • Market: Germany
  • founded 2024, Germany
  • Management Team: Ron Melz, Thomas Müller, Martin Stötzel
  • Team Size: 6 internal / 4 external
  • Customers (incl. co-development & piloting): Theben Smart Energy, SmartOptimo, Stadtwerke Witten, Stadtwerke Bocholt, Zählerfreunde, Zerofy, IBC Solar, nuuEnergy, EFR Metering, Solar Manager - more to come.
  • Co-Investors: Bayern Kapital
  • Stage: MVP available for piloting (real customers)
Logo of SPINE, a partner company of VerbundX developing technologies for sustainable solutions.

"VERBUND X Ventures provides a magnificent support in our advisory board (perfect level of guidance and challenging) and in establishing connections and partnerships with other VERBUND portfolio companies. Our next target is to also systematically build upon VERBUND’s market reach, especially in the utilities sector in Germany, in order to create new business opportunities."

SPiNE