Austrian energy giant VERBUND X Ventures joins Vireo Ventures in Berlin to support groundbreaking startups transforming energy and transportation

The world of energy and mobility is rapidly evolving, with digital solutions playing a key role in shaping the industry’s future.

In a significant step toward fostering innovation, VERBUND X Ventures, the corporate venture capital arm of Austria’s leading energy company VERBUND, has announced its investment in Berlin-based Vireo Ventures.

A Strategic Collaboration

By joining forces with Vireo Ventures, VERBUND X becomes part of an influential network of strategic partners.

This network includes the European Investment Fund (EIF) and EnBW New Ventures, among others.

The collaboration positions VERBUND X to tap into groundbreaking startups that are driving digital transformation in the energy sector.

Fueling Early-Stage Innovation

Vireo Ventures, led by managing partners Felix Krause, Matthias Engel, and Mischa Wetzel, focuses on seed and pre-seed investments.

The firm supports European startups that are revolutionizing energy and mobility through technology.

Their portfolio includes companies developing digital solutions for optimizing power grids, monitoring systems, climate-resilient agriculture, and future-proof transportation.

What’s Next?

With VERBUND X’s backing, Vireo Ventures is poised to expand its reach and support even more pioneering startups.

This investment signals a strong commitment to accelerating the transition toward a smarter, more sustainable energy future.

The next wave of innovation in energy and mobility could be just around the corner.