EDP Ventures | edp.com

As an early stage investor, we typically invest in seed to series B funding rounds (with possibility for future follow-ons in later rounds). While our investment usually happens before the series C, we can make exceptions if we believe the company is a perfect fit and we can continue to add value.

Approaches from companies, founders and other investors are always welcome. Being a seed and series B investor, we look for companies with at least a near market ready product.

We are big fans of co-investments!

Typically, we like to invest in a consortium that might be composed of Business Angels, Venture Capital Funds and other Corporate Venture Capital Funds and we use our own network to promote our portfolio companies from an investment and commercial perspective.

However, there should be a purpose beyond money in each investor on your cap table.

We make around 5-8 seed to series B investments per year.

No, we will analyze it case by case. But we will always support your company’s fundraising across our wide network of investors.

YES! We invest in a broad range of technologies with a common characteristic, affecting the energy sector, either by improving assets availability or by impacting the life of retail energy clients (please see our investment areas).

Additionally, while most of our portfolio companies have a B2B marketing model, we are agnostic and will also analyze companies with a B2C model.

TEAM! The founders/management team are the most important factor in our decision-making process. We must believe that the team can solve the extremely hard problems that the company aims to address.

Of course, we also look at the market, the problem to be solved and the technology.

We invest all over the world. Our investment teams are based in Lisbon, Madrid and São Paulo!

Again, it depends but as a rule of thumb it will take one to two months to have a term sheet signed and an additional two to three more to close the funding round.

The process usually starts with an initial meeting or call, moving into a second or third meeting/call with a different set of people from our investment team, technology experts and business units.

After having internal validation, we want to test! It’s common for us to test the technology, promoting the development of a PoC (proof of concept) with EDP Group business units, not only to get a better sense of the company, but also because, as a strategic investor, we aim to not only be the investor, but also a client for our startups.

Based on the results coming out of the PoC, together with the overall feedback from the business units we will move forward in presenting your company to our investment committee to get a term sheet approved.

We invest our money, time, network of contacts and technological expertise to take your company to the next level.

EDP Ventures has developed an extensive and strong network of partners from industry to institutional investors.

We remain focused on the energy sector and in 7 investment areas (please see our investment areas) where we have developed extensive technological know-how and we have the commitment of EDP Group business units to support our portfolio company internally which we believe is a jumpstart for better and faster market adoption.