Siemens Energy Ventures

Siemens Energy Ventures is the entrepreneurial arm of Siemens Energy. Founded in 2020, our focus is on investing and piloting ventures that will transform energy systems and will help fight climate change.

35% of the emissions reductions to achieve net zero must come from technologies that are not yet commercialized. With venturing, we can change this by building entrepreneurial capabilities, accelerating innovation and de-risking the future.

Siemens Energy Ventures operates at the intersection between Siemens Energy and the startup ecosystem. We partner with start-ups and founders to provide necessary support and guidance on their growth journey. By leveraging Siemens Energy’s global network and deep technical expertise, founders can benefit from funding, credibility, and market access. This enables them to scale solutions that deliver sustainable and affordable energy worldwide.

We act as an early customer of startups, testing and adopting cutting-edge solutions that address clearly defined internal business challenges.

Mutual benefits include:

Fast and effective problem-solving by leveraging startup innovation to address critical business needs
Direct access to a corporate customer that provides startups with a real-world environment to validate and scale their solutions
Actionable commercial feedback that helps refine products and services for market success

We invest in startups across the energy and industrial ecosystems as a strategic growth partner, helping them to scale and disrupt new markets.

We aim to deliver differentiated value through:

Access to our R&D expertise and global manufacturing know-how
Growth opportunities through our network of customers, suppliers, and innovative ventures
Hands-on approach to value creation by our investment team

GeoPura provides hydrogen-fuelled clean energy to enable its customers to decarbonize their consumption of temporary, backup, off-grid, and grid augmentation energy.

It utilizes its proprietary Hydrogen Power Unit(“HPU”) in collaboration with Siemens Energy (UK) and a network of hydrogen production sites.

The GeoPura solution uses renewable energy, normally solar PV or wind, to create hydrogen for use as a fuel. This fuel is then transported to locations where a transportable “hydrogen power unit” converts it to electrical power. From start to finish the process is clean and carbon free – the only by-product is pure water.

Siemens Energy Ventures is a minority investor in GeoPura alongside GM Ventures, Barclays Sustainable Impact Capital and SWEN CP through its fund SWEN Impact Fund for Transition 2.