PERSEO - Iberdrola

Since its creation, PERSEO has invested 70 million in start-ups that develop innovative technologies and business models, focusing on those that improve the sustainability of the energy sector through greater electrification and decarbonization of the economy. Beyond the financial contribution, PERSEO's support to these companies has been key in defining their product and business, by offering them its knowledge and access to the Iberdrola market. On the other hand, the work carried out with start-ups has served our company as a technological antenna to know where our sector is heading. PERSEO VENTURE BUILDER Within PERSEO, the Iberdrola group has launched Perseo Venture Builder, a new unit through which it will invest 40 million euros to support and create from scratch electrification support businesses in principle, it will focus on areas such as recycling and circular economy, and in sectors with difficult decarbonisation, such as industrial heat production and transport.

Web: https://www.iberdrola.com/innovacion/programa-internacional-startups-perseo

Category: Corporate Incubator Accelerator or VC