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Ignitis Innovation Hub

Ignitis Innovation Hub

Vilnius, Vilnius City Municipalityignitisinnovation.com

Overview

Ignitis Innovation Hub is the corporate venture capital (CVC) and open innovation arm of Ignitis Group, one of the largest energy companies in the Baltic region. The hub is dedicated to investing in and partnering with startups in the energy and e-mobility sectors to foster innovation and support the transition to a greener energy ecosystem. It operates by investing as a Limited Partner (LP) in external venture capital funds, such as the "Smart Energy Fund powered by Ignitis Group" and "World Fund", rather than operating as a standalone fund. Its key areas of interest include smart grid technology, distributed generation, e-mobility infrastructure, energy storage, and big data analytics.

Portfolio Companies

6

Investments

Ignitis Innovation Hub investments
CompanyDateStageLead
Mission Zero TechnologiesMar 2024Series A-
IQM Quantum ComputersJul 2022Series A ExtensionLead
H2ProJan 2022Series B-
Juicy MarblesNov 2021SeedLead
PVcaseOct 2021Series A-

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersVilnius, Vilnius City Municipality
Year FoundedN/A

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