Open Funding

Ignitis Group is actively investing in venture capital, using its resources and expertise to partner with fund managers and start-ups to bring the latest technologies and services to its customers.

Ignitis Group's venture capital investments are not just financial investments, but also strategic steps to help us lead in innovation and sustainability.

To date, the Group has invested in two funds - "Smart Energy Fund powered by Ignitis Group" and "World Fund".

Open Funding

Key areas of Open funding interest are:

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

Benefits for startups

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

Access to more than 4 000 employees of Ignitis group who are able to provide expertise throughout the energy sector value chain.
Pre-seed and / or seed funding to kick-start your growth.
Access to over 1.6 million customers of Ignitis Group in the Baltics, Finland and Poland.
Access to infrastructure for testing, piloting and growth.
Access to an international network of mentors, successful entrepreneurs, advisors and potential business partners via Contrarian Ventures.
Access to Ignitis Group as a pilot customer for testing and feedback.