Through its Corporate Venture Capital arm, Elewit supports the development of new business models aligned with the energy transition and Redeia’s strategic goals.
Elewit, Redeia's technology platform, has boosted its corporate venture capital (CVC) activity in 2024 by adding three new startups —Splight, Unusuals, and Stellar— to its portfolio of investee companies and by committing as an anchor investor in the Adara Ventures Energy I investment fund. Through these four new operations, Elewit has consolidated its position in the market as a strategic investor in emerging technologies that are key to the sustainable future of the electricity and telecommunications sectors.
Through its Corporate Venture Capital, Elewit seeks to promote and explore developing new businesses that offer solutions to key challenges facing Redeia companies.
Elewit, as Redeia’s technology platform and through its Corporate Venture Capital initiative, seeks technology-based startups that align strategically with energy transition and connectivity goals.
Stellar Telecommunications SAS (“Stellar”), the pioneering startup for perfect internet on the move, and world’s first company to seamlessly connect cars and vehicles leveraging all satellite, wi-fi and cellular networks, has successful completed its latest founding round. Stellar’s funding, now amounting to €9.3 million, comes from a combination of strategic investors and major public grants.
The strategic collaboration between Elewit and Nearby Computing is driving the deployment of 5G and smart asset management through Edge Computing. This way, they strengthen their market position and accelerate the development of advanced technological solutions that meet the growing demands for real-time connectivity and processing.
Elewit celebrates five years of driving the energy transition and advocating for universal and inclusive connectivity. As a catalyst for innovation and Redeia's technology platform, Elewit's professionals work daily not only on developing new technological solutions to meet the challenges of the electricity and telecommunications sectors, but also on technology monitoring, leading innovation, and guiding the c
Elewit, Redeia's technology platform, and Grupo Dunas, a subsidiary of Grupo Energía Bogotá, have chosen Adara Ventures (a venture capital firm that invests in early-stage companies) to create Adara Ventures Energy I, an energy investment fund backed by the European Investment Fund (EIF) with €35 million, and a total global investment of €120 million that will finance innovative solutions to accelerate the ecological transition.
Splight, an AI startup at the forefront of grid operations technologies, today announced the completion of its seed funding round. The $12M round was led by noa (formerly A/O) and joined by EDP Ventures, Elewit, Draper Cygnus, Draper B1, Ascent Energy Ventures, Fen Ventures, Reaction Global, Barn Investments, and the UC Berkeley Foundation, among others.