Predict your next investment

Non-Profit Foundation
doen.nl

See what CB Insights has to offer

Investments

18

Portfolio Exits

2

Partners & Customers

1

About DOEN Foundation

The DOEN Foundation's ambition is to help build a sustainable world in which everyone can participate. DOEN promotes sustainable, cultural and social pioneers. DOEN receives its revenues from the Dutch Postcode Lottery, the BankGiro Lottery and the Friends Lottery.

DOEN Foundation Headquarter Location

Van Eeghenstraat 70

Amsterdam, 1071 GK,

Netherlands

(+3120) 573 7333

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest DOEN Foundation News

Deep Tech startup Berlin-based Nuventura raises € 2.5 million new funding led by new investors Cycle Group and DOEN Participaties

Mar 16, 2021

Deep Tech startup Berlin-based Nuventura raises € 2.5 million new funding led by new investors Cycle Group and DOEN Participaties March 16, 2021 Deep Tech startup Nuventura raises new funding to support global expansion of SF6-free gas insulated switchgear BERLIN, March 15, 2021 – In December 2020 Nuventura successfully closed an equity funding round of € 2.5 million in extension of its 2019 seed round. The new funding round will help Nuventura make the crucial next steps towards the product’s industrialization and prepare for expansion into other markets. This funding round was led by new investors Cycle Group and DOEN Participaties with the participation of existing investors IBB Ventures, APEX Energy and Future Energy Ventures as well as several well-known angel investors. To date, Nuventura’s total funding amounts to more than €8 million. Based in Berlin, Nuventura is an R&D company that specialises in the development of medium voltage gas insulated switchgear (GIS). Its patented GIS technology replaces SF6 – the world’s strongest greenhouse gas and the industry-standard insulating medium for traditional GIS – with dry air. SF6 is predominantly used in the energy industry and its annual emissions are equivalent to the yearly CO2 emissions produced by around 100 million cars. Thus, Nuventura contributes to the energy transition with a greenhouse gas-free grid technology. Nuventura’s business model is to enable switchgear manufacturers to expand their own product portfolios. Manufacturers can licence Nuventura’s switchgear design or buy key components from Nuventura to incorporate into their own switchgear offerings. In so doing, the company facilitates a transition to an SF6-free switchgear industry, which will be demanded by regulators in the E.U., U.S.A. and other regions in the coming years. “We have developed a switchgear technology that, not only maintains, but builds on the benefits of traditional SF6-using GIS including a new way of digitized asset monitoring and management. Over the past three years we have refined the technology, and now look forward to participating in demonstration projects, and expanding our manufacturer client-base”, says Dr. Fabian Lemke, Nuventura’s Co-Founder and CEO. “We believe that Nuventura is a global innovation leader in the transition towards a more intelligent and sustainable electrical grid infrastructure. Their product which completely omits SF6 could symbolize a turning point for grid emissions. What impressed us about Nuventura was the exceptional quality of their engineering know-how, and how well their partnerships were structured to bring reliable infrastructure products to the market” says Dan Choon, Managing Partner at Cycle Group. “DOEN Participaties invests in ventures with an innovative business idea that have a positive impact on our society. Nuventura has a lot of impact potential, not only by eliminating SF6, but also by setting an example for the switchgear industry. As a former Green Challenge participant, we are happy to continue our partnership as a shareholder” says Beau-Anne Chilla, Impact Investment Manager at DOEN Participaties. About the Cycle Group The Cycle Group invests in companies at the development and commercialization stages that commercialize clean technologies striving to reduce greenhouse gas emissions, optimizing resource use, and improving process efficiency. ( www.cycle-group.com ) About the DOEN Foundation DOEN Participaties has been investing in innovative, sustainable and social start-ups for almost 25 years. DOEN Participaties invests in the early phase of companies and dares to take risks. DOEN Participaties is fully owned and managed by the DOEN Foundation. The DOEN Foundation was set up by the National Postcode Lottery to support innovative initiatives. ( www.doenparticipaties.nl ) About IBB Ventures IBB Ventures ( https://www.ibbventures.de/de ) has been providing venture capital to innovative Berlin-based companies since 1997 and has established itself as the market leader in early stage financing. The funds are primarily used for development and market launch of innovative products or services as well as for business concepts from creative industries. Two funds with a total volume of EUR 100 million are currently in the investment phase. Both VC funds are financed by the Investitionsbank Berlin (IBB) and the European Regional Development Fund (ERDF), managed by the State of Berlin. IBB Ventures has already invested in more than 240 creative and technology companies in Berlin; in syndicates with partners, the start-ups received approx. EUR 1.62 billion, of which IBB Ventures has invested EUR 240 million as lead, co-lead or co-investor. Further Information: https://www.ibbventures.de/de Image: Founders Nuventura (c) Nuventura

DOEN Foundation Investments

18 Investments

DOEN Foundation has made 18 investments. Their latest investment was in reNature as part of their Seed on January 1, 2021.

CBI Logo

DOEN Foundation Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/7/2021

Seed

reNature

$0.68M

Yes

Arne Driessen, Josephine Korijn, Koen van Sijen, Meraki Impact, Undisclosed Angel Investors, and Undisclosed Investors

1

5/8/2020

Seed

Happy Tosti

$0.92M

Yes

Fonds 1818, Rabobank, and Start Foundation

1

2/5/2020

Series A

Taimba

$0.28M

Yes

Enviu

1

12/13/2018

Seed - II

Subscribe to see more

$99M

Subscribe to see more

10

2/12/2018

Unattributed

Subscribe to see more

$99M

Subscribe to see more

10

Date

1/7/2021

5/8/2020

2/5/2020

12/13/2018

2/12/2018

Round

Seed

Seed

Series A

Seed - II

Unattributed

Company

reNature

Happy Tosti

Taimba

Subscribe to see more

Subscribe to see more

Amount

$0.68M

$0.92M

$0.28M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Arne Driessen, Josephine Korijn, Koen van Sijen, Meraki Impact, Undisclosed Angel Investors, and Undisclosed Investors

Fonds 1818, Rabobank, and Start Foundation

Enviu

Sources

1

1

1

10

10

DOEN Foundation Portfolio Exits

2 Portfolio Exits

DOEN Foundation has 2 portfolio exits. Their latest portfolio exit was QwikSense on March 13, 2018.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

3/13/2018

Acquired

1

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

Date

3/13/2018

00/00/0000

Exit

Acquired

Subscribe to see more

Companies

Subscribe to see more

Valuation

Acquirer

Subscribe to see more

Sources

1

10

DOEN Foundation Partners & Customers

1 Partners and customers

DOEN Foundation has 1 strategic partners and customers. DOEN Foundation recently partnered with Rockstart on March 3, 2016.

Date

Type

Business Partner

Country

News Snippet

Sources

3/23/2016

Partner

Rockstart

Netherlands

The DOEN Foundation Joins Rockstart as a Strategic Shareholder in Global Expansion - Rockstart

Oscar Kneppers , founder of Rockstart Accelerator says , `` The strategic partnership with DOEN Foundation comes at a particularly momentous time -- this week Rockstart Accelerator celebrates its 5th birthday and while we are proud of our accomplishments of the last five years , we are looking to grow even further in the next five .

1

Date

3/23/2016

Type

Partner

Business Partner

Rockstart

Country

Netherlands

News Snippet

The DOEN Foundation Joins Rockstart as a Strategic Shareholder in Global Expansion - Rockstart

Oscar Kneppers , founder of Rockstart Accelerator says , `` The strategic partnership with DOEN Foundation comes at a particularly momentous time -- this week Rockstart Accelerator celebrates its 5th birthday and while we are proud of our accomplishments of the last five years , we are looking to grow even further in the next five .

Sources

1

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.