Open Funding


Ignitis Group is seeking to become a partner of developers of new technologies related to the energy sector. Therefore, Ignitis group helps startups by providing early-stage investment or allowing to participate in the startup acceleration program.

Early-Stage Investments

Ignitis Group launched the first energy oriented venture capital fund in the Baltics in 2017. The “Smart Energy Fund powered by Ignitis Group” is managed by Contrarian Ventures.


Learn more at: https://cventures.vc/

Areas of interest to the fund include:

  • Distributed generation
  • Smart grid technology
  • Demand-side response
  • Big data and analytics
  • Energy storage solutions
  • E-vehicle infrastructure
  • Smart homes
  • E-services for customer support
  • Virtual power plants
  • Energy efficiency

Fund reporting

Benefits for startups

Startups and technology companies can benefit from collaborating with Ignitis Group in multiple ways:

Pre-seed and / or seed funding to kick-start growth

Access to more than 4,000 employees of Ignitis group who are able to provide expertise throughout the energy sector value chain

Access to over 1.6 million customers of Ignitis Group in the Baltics and Poland

Access to infrastructure for testing, piloting and growth

Access to Ignitis Group as a large client and pilot customer for testing and feedback

Access to an international network of mentors, successful entrepreneurs, advisors and potential
business partners via Contrarian Ventures, which runs the “Smart Energy Fund powered by Ignitis Group” as well as AcceleratorOne

For any questions, please contact us via email infoignitisinnovation.com


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