Siemens Energy Ventures is Siemens Energy's entrepreneurial arm, founded in 2020, operating from Germany, the UK, Israel, India, Dubai and the US. It works through two channels: venture clienting, where the unit acts as an early customer testing and adopting startup solutions against defined internal business challenges, and venture capital investment in climate-tech startups. Its search is organized around five investment themes: 24/7 carbon-free energy, resilient grids, carbon and product circularity, condition-based service, and decarbonized heat and industrial processes.
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Areas of interest
24/7 carbon-free energy
Resilient grid and reliability
Carbon and product circularity
Condition-based service interventions
Decarbonized heat and industrial processes
Selected startup collaborations
GeoPura
Hydrogen units deliver carbon-free backup power
GeoPura's hydrogen power units, developed in collaboration with Siemens Energy (UK), convert renewable-sourced hydrogen into carbon-free backup, off-grid and grid-augmentation power; Siemens Energy Ventures is a minority investor alongside GM Ventures, Barclays Sustainable Impact Capital and SWEN CP.
Factor2 Energy's patented CO2-based cycle turns depleted geothermal sites or CCS reservoirs into dispatchable, always-on clean power plants, a technology in Siemens Energy Ventures' portfolio.
These are selected publicly described collaborations, not a complete procurement record or a measure of spending.
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