Investment portfolio

More than €200 million investment in innovation through our start-up portfolio 

PERSEO Investment Entrepreneurship

PERSEO's technology investment portfolio is composed of emerging companies or start-ups that develop innovative technologies and business models with a high social impact in the field of energy. Iberdrola also participates in large technology funds that promote sustainability and innovative business models through investments in start-ups.

PERSEO investment portfolio

  • Icono del mundo

    A global
    commitment

  • Icono de dinero

    +200 M€
    invested

  • Icono de manos

    9 start-ups
    in portfolio

  • Icono de conexión

    2 large
    technological funds

 SEE INFOGRAPHIC: Investment Portfolio [PDF]Enlace externo, se abre en ventana nueva.

 

The investment portfolio of PERSEO, Iberdrola's instrument for open innovation with start-ups, currently holds a portfolio of ten start-ups, selected from among the more than 300 international companies that we analyse each year in search of business opportunities, generating an ecosystem of almost 7,500 entrepreneurial companies. Since 2008, a total of 25companies have benefitted from PERSEO's investment in areas such as artificial intelligence for the digitalisation and automation of processes, smart energy efficiency solutions, vehicle charging infrastructure and the development of solar projects in emerging economies. 

More than fifteen years of work in search of the 'unicorns' that will revolutionise tomorrow's sector has allowed our project to consolidate itself as the benchmark corporate start-up programme in the energy sector. Milestones such as the IPO in 2021 of two of the start-ups invested by PERSEO: Wallbox and Stem.

 

Our investment portfolio

Learn about the activity and purpose of the different technology companies that are currently part of our investment portfolio:

PERSEO

PERSEO programme

Over 15 years committed to start-ups and innovation.

Venture Builder

PERSEO Venture Builder

We are investing to create a new model for electrification support projects.

Start-Up Challenge

Start-Up Challenge

We challenge start-ups to come up with innovative and sustainable solutions.

Proyectos piloto

Pilot projects

We conduct more than 25 pilot tests of new technologies per year.

Large Tech Funds

Through this business line, we have stakes in Andromeda-Seaya and Buenavista, two industry-leading funds that share our commitment to tech innovation and sustainability. Our joint goal is to foster the next generation of disruptive companies that are redefining the boundaries of tech and having a positive impact on society.

Andromeda-Seaya

Andromeda

In 2022, Iberdrola's start-up programme promoted the first large tech fund to boost sustainability and the transformation of electricity in Spain: Andromeda-Seaya. The financing instrument emerged thanks to a partnership with the company Seaya Ventures, together with the ICO Next TECH fund and Nortia Capital, starting the initiative with a target size of €300 million.

Andromeda-Seaya's core objective is to invest in European tech scale-ups related to sustainability, the energy transition, electrification of the economy, and other areas of innovation, such as sustainable agriculture and the circular economy. It is the first large tech venture capital fund to consider specific sustainability objectives, adopting environmental, social, and corporate governance (ESG) in its decision-making, which is in line with Article 9 of EU Regulation.

Buenavista

Buenavista

The Iberdrola Group took another step forward in its start-up financing strategy with the investment in Buenavista, a €100 million fund dedicated to Portuguese start-ups with scalable business models and growth potential. Through this investment and our subsidiary in the country, we will support the initiative with the goal of making between 25 and 35 investments in the fund's portfolio, which has more than 3,000 companies dedicated to projects in areas related to the energy transition, healthcare tech, food tech, and biotech.