Innovation Fund
Overview
The Innovation Fund is a European Union funding programme that supports the commercial demonstration of innovative low-carbon and net-zero technologies to decarbonise European industry and support its transition to climate neutrality.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| ZeroAvia | Jan 2022 | Grant | Lead |
| Kitemill | Jan 2022 | Grant | Co-investor |
| Plagazi | May 2025 | Grant | Lead |
| Cerenion | Feb 2025 | Grant | Co-investor |
| Nordic Electrofuel | Jul 2023 | Grant | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Innovation Fund based?
Innovation Fund is headquartered in Brussels, Belgium.
When was Innovation Fund founded?
Innovation Fund was founded in 2020.
How many portfolio companies does Innovation Fund have?
Innovation Fund has 9 portfolio companies in Caplight's dataset.
What are some companies in Innovation Fund's portfolio?
Portfolio companies visible on Caplight include ZeroAvia, Kitemill, Plagazi, Cerenion, Nordic Electrofuel.
What was Innovation Fund's most recent investment shown here?
Innovation Fund's most recent investment in this portfolio sample was in Plagazi in 2025.
What sectors does Innovation Fund focus on?
Innovation Fund focuses on Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Healthcare & Life Sciences, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Mobility, Transportation & Logistics, Frontier & Industrial Tech, Real Estate & PropTech, Energy & Sustainability, Frontier & Industrial Tech, Frontier & Industrial Tech, Mobility, Transportation & Logistics, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech.
What company stages does Innovation Fund focus on?
Stage focus information for Innovation Fund is not publicly available.
What is Innovation Fund's AUM?
Innovation Fund's assets under management are estimated between $43.2B and $43.2B.