SET Ventures

𝗪𝗵𝗮𝘁 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝗮𝗿𝗲 𝗰𝗿𝗲𝗮𝘁𝗶𝗻𝗴 𝗶𝗺𝗽𝗮𝗰𝘁 𝗶𝗻 𝘁𝗵𝗲 𝗲𝗻𝗲𝗿𝗴𝘆 𝗰𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝘀𝗲𝗰𝘁𝗼𝗿? 📈 By enabling local electricity sharing, energy communities relieve pressure on distribution grids and bring a broader, more diverse set of participants into the energy market. However, while energy communities thrive in single-family homes, challenges remain in scaling this model to multi-tenant or commercial buildings and connecting entire local groups for direct energy sharing. Our latest market map sheds light on the companies driving change in this interesting and nascent area of the energy transition. This map was a part of a recent report written by our very own Jonathan Lersch and Simone de Bruin: "Energy Community Startups Driving the Decentralised Energy Transition," where we take a deep dive into the potential of energy communities to move the needle and the investment opportunities that the sector offers: Discover investment opportunities and solutions to accelerate the path to a more resilient energy future. 👉𝗚𝗲𝘁 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗿𝗲𝗽𝗼𝗿𝘁 𝗵𝗲𝗿𝗲: https://lnkd.in/eTR4GTH4 #SETVentures #carbonfree #energy #energycommunities #climatereport #climatetech #startups

Invest Europe Leader Interviews 🎙️ “It is super exciting to see the convergence of tech and energy to address the climate crisis. We have a message of hope and not of doom, because through technology we can address these issues. We can achieve both financial and environmental impact returns in this mission.” Anton Arts of SET Ventures discusses how venture capital is supporting Europe’s energy transition, in our latest Leader Interview. Browse through and watch all interviews 🎥 https://lnkd.in/euaGafVH #PrivateEquity #VentureCapital #Infrastructure #LeaderViews 

𝗙𝗿𝗲𝗾𝘂𝗲𝗻𝘇 𝗿𝗮𝗶𝘀𝗲 𝟭𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗲𝘂𝗿𝗼 𝗶𝗻 𝗮𝗱𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗳𝘂𝗻𝗱𝗶𝗻𝗴 🚀 We’re thrilled to announce that our portfolio company, Frequenz, has successfully closed a round co-led by Cape Capital, Enkraft and SET. This new capital brings #Frequenz's total funding to over €25 million. Founded in Berlin in 2019, Frequenz is changing the energy landscape with its AI-powered platform for autonomous energy management. Their cutting-edge technology empowers commercial and industrial energy users to: ✅ Reduce energy costs by up to 30% ✅ Minimize CO2 emissions ✅ Actively navigate volatile energy markets 📈 Over the past year, Frequenz has scaled rapidly, growing the energy managed on its platform fivefold, with over 150 locations live. With this additional funding, the company will continue to fuel its mission to build the technology layer for the energy system of tomorrow. Congratulations to the entire Frequenz team on this great raise! 🌟 ➡️ 𝗟𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝗙𝗿𝗲𝗾𝘂𝗲𝗻𝘇: www.frequenz.com #EnergyTransition #Sustainability #AI #EnergyManagement #ClimateTech #VentureCapital

𝗪𝗵𝗮𝘁 𝗶𝘀 𝗻𝗲𝗲𝗱𝗲𝗱 𝘁𝗼 𝗲𝗺𝗯𝗲𝗱 𝗿𝗲𝗮𝗹 𝗶𝗺𝗽𝗮𝗰𝘁 𝗶𝗻𝘁𝗼 𝘃𝗲𝗻𝘁𝘂𝗿𝗲 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗽𝗿𝗮𝗰𝘁𝗶𝗰𝗲𝘀? 🤔 Over the past year we have worked together with four leading impact-driven VC funds: ETF Partners, Sofinnova Partners, Astanor and FoodLabs to answer this question. 𝗧𝗵𝗲 𝗿𝗲𝘀𝘂𝗹𝘁? A practical, actionable handbook for impact practitioners for linking impact to carried interest 📖 𝗛𝗲𝗿𝗲’𝘀 𝘄𝗵𝗮𝘁 𝘆𝗼𝘂’𝗹𝗹 𝗳𝗶𝗻𝗱 𝗶𝗻𝘀𝗶𝗱𝗲: 🔹Practical guidance for implementing the #EIF’s Gamma Model to link impact to carried interest 🔹Real case studies that provide pragmatic steps for VCs seeking to embed impact accountability into their practices 🔹Commonality and coherence across diverse approaches to impact accountability This project has been conducted in close collaboration with European Investment Fund (EIF) and supported by European Investment Bank (EIB), the European Commission and the InvestEU Advisory Hub. If you want to commit to impact as part of your fund strategy, then this could be the resource for you. Let’s drive meaningful change together! 🚀 𝗥𝗲𝗮𝗱𝘆 𝘁𝗼 𝘀𝘁𝗮𝗿𝘁? Get the full handbook here: https://lnkd.in/g5PNatFm #Coalitionforimpact #ImpactInvesting #VentureCapital #Sustainability #GammaModel #Impact

𝘃𝗶𝗹𝗶𝘀𝘁𝗼 𝗻𝗼𝘄 𝗵𝗮𝘀 𝘁𝗵𝗲 𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝘁𝗼 𝗽𝗶𝗻𝗽𝗼𝗶𝗻𝘁 𝗲𝗻𝗲𝗿𝗴𝘆 𝘄𝗮𝘀𝘁𝗲 𝗶𝗻 𝗿𝗲𝗮𝗹-𝘁𝗶𝗺𝗲⌛ #vilisto has unveiled its Consumption and Energy Saving Monitor (CSM), a cutting-edge software that takes smart thermostats to the next level. By integrating real-time heating system data with room data, vilisto GmbH empowers building managers to identify energy waste, optimise heating and significantly cut CO₂ emissions and costs. 🏃♀️The CSM offers real-time tracking of energy consumption and savings through a central platform. It's like a fitness tracker for your heating system 🌡 𝗪𝗵𝘆 𝗶𝘁 𝗠𝗮𝘁𝘁𝗲𝗿𝘀 This innovation comes at a crucial time as the building sector faces increasing pressure to meet stringent climate targets. vilisto’s technology addresses pressing challenges, from rising energy costs to labor shortages in facility management, and aligns with key regulatory mandates like Germany’s Energy Efficiency Act. 𝗥𝗲𝗮𝗱 𝗺𝗼𝗿𝗲 about this development and what it means for the proptech sector here 👉 https://lnkd.in/etr47dtQ #SETVentures #vilisto #EnergyEfficiency #SmartBuildings #ClimateTech #PropTech #Innovation

𝗔𝗿𝗲 𝘆𝗼𝘂 𝗮 𝗰𝗹𝗶𝗺𝗮𝘁𝗲 𝘀𝘁𝗮𝗿𝘁𝘂𝗽 𝗮𝘁𝘁𝗲𝗻𝗱𝗶𝗻𝗴 𝗦𝗹𝘂𝘀𝗵? 🦖 Together with our friends at 2150, AENU, Blume Equity, noa and Seaya Andromeda, we are co-hosting an evening for 250 founders, investors and ecosystem experts to discuss the future of climatetech and we want to see you there! 😀 The excitement for this event is even higher than last year meaning we're down to a handful of spots remaining. 𝗪𝗮𝗻𝘁 𝘁𝗼 𝗷𝗼𝗶𝗻 𝘂𝘀? 🙌 For a chance to snag one of those spots you just need to take 2 minutes before Sunday the 17th to apply here: https://lnkd.in/ed-yg3cm See you in #Helsinki! #SETVentures #climatetech #slush #vc #startups #energy #slushsideevents Philip Specht Dr. Fabian Heilemann Robert Stoecker Katharina Beitz Till Thietje Derek Brooks Obai Afifi Gregory Dewerpe Sofía Muñoz Jacob Bro Jil Lindau, CFA ESG Arjun Jairaj Pablo Pedrejon Serhat Aydogdu Ellen Smeele Julia Padberg Hayden Young Tejas Choudhary Michelle Capiod

𝗘𝘁𝗽𝗮 𝗵𝗮𝘀 𝗰𝗹𝗼𝘀𝗲𝗱 𝗻𝗲𝘄 𝗳𝘂𝗻𝗱𝗶𝗻𝗴 𝘁𝗼 𝗺𝗼𝘃𝗲 𝗶𝗻𝘁𝗼 𝗔𝘂𝘀𝘁𝗿𝗶𝗮, 𝗕𝗲𝗹𝗴𝗶𝘂𝗺 & 𝗙𝗿𝗮𝗻𝗰𝗲! 🚀 #Etpa is on a mission to create an energy trading platform for all. It supports the energy transition through it's accessible trading platform that enables asset owners, traders, and retailers to optimise their portfolios through short-term trading. 𝗪𝗶𝘁𝗵 𝘁𝗵𝗶𝘀 𝗻𝗲𝘄 𝗳𝘂𝗻𝗱𝗶𝗻𝗴, 𝗘𝘁𝗽𝗮 𝘄𝗶𝗹𝗹: 🌍 Expand into Belgium, Austria, and France, establishing a stronger presence in European energy markets 💡 Add day-ahead and intraday auctions to its platform, providing more options and flexibility for participants 📈 Continue its remarkable growth trajectory, after doubling participants and tripling revenue in 2024 Congratulations to Michiel Lensink and the entire Etpa team on these achievements! We’re thrilled to be participating again alongside ABN AMRO Sustainable Impact Fund and new investors 4impact capital! #SETVentures Etpa - A new way of power trading #EnergyTransition #climatetech #energytrading

𝗖𝗼𝘂𝗹𝗱 𝗲𝗻𝗲𝗿𝗴𝘆 𝗰𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗯𝗲 𝘁𝗵𝗲 𝘂𝗻𝗹𝗼𝗰𝗸 𝘁𝗼 𝗲𝗻𝗵𝗮𝗻𝗰𝗶𝗻𝗴 𝘁𝗵𝗲 𝗿𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝗰𝗲 𝗮𝗻𝗱 𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆 𝗶𝗻 𝗲𝗻𝗲𝗿𝗴𝘆 𝗱𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻?🔐 By enabling local electricity sharing, energy communities relieve pressure on distribution grids and bring a broader, more diverse set of participants into the energy market. However, while energy communities thrive in single-family homes, challenges remain in scaling this model to multi-tenant or commercial buildings and connecting entire local groups for direct energy sharing. In our latest report: "Energy Community Startups Driving the Decentralised Energy Transition," we take a look not only at these constraints but also at investment opportunities and: ➡ Why simplified regulations for P2P energy sharing are needed to make setup easier. ➡ What technologies are needed to manage energy across multiple buildings and respond dynamically to market and grid signals. ➡ The need for secure platforms and marketplaces for energy transactions, ensuring privacy and effective supply-demand matching. Discover investment opportunities and solutions that can accelerate the path to a more resilient energy future. 👉 𝗥𝗲𝗮𝗱𝘆 𝘁𝗼 𝗱𝗶𝘃𝗲 𝗶𝗻? 𝗚𝗲𝘁 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗿𝗲𝗽𝗼𝗿𝘁 𝗵𝗲𝗿𝗲: https://lnkd.in/eTR4GTH4 #SETVentures #carbonfree #energy #energycommunities #climatereport #climatetech #startups

Are you working in the climate investment space? We want to hear from you. We are working to ensure the people working on the innovations of tomorrow are as diverse as the current world around us. Not only is this mission important socially but it will give us the widest variety of ideas and solutions to protect the future of our planet. First, we need to understand our starting point, which is currently a question mark in terms of real data. Those working in investment, climate focused or not, please take a few minutes to fill out the survey now: https://lnkd.in/eXMYyJiU Massive thanks to our partners HSBC Innovation Banking and Extantia - your support is invaluable. #Startups #Scaleups #Funding #Innovation #Diversity

Will we see you next month for South Summit Bilbao? 👇