In three years we have launched more than 10 startups with the help of strategic partners who are domain experts in the startup venture building space.
Our program is based on the Lean Start-up methodology and tools such as the Business Model Canvas which provide a structured approach and a process of iteration for founders to quickly validate their business idea.
Our program is designed for founders without a background in energy. We leverage ENGIE knowledge, networks and resources to help our founders rapidly get up to speed with energy needs and challenges in their chosen focus area and industry.
Founders are supported by a dedicated venture building team to craft a solution. Once approved by an investment committee, founders get access to early-stage funding and support to kickstart this new independent venture.
ENGIE Factory partners with entrepreneurs to build new, scalable startups that will impact our climate. We co-build the new business with the founders, provide early-stage funding, and direct access to enterprise-grade resources and networks from ENGIE which gives our startups a competitive advantage and fast track to global growth.
The climate-tech businesses that our founders build with us are all on the same mission to accelerate decarbonisation and resolve our climate urgency. And the ENGIE Factory team is dedicated to supporting our startups throughout their growth.
ENGIE Factory works with founders to ideate, validate, launch and commercialise their startups. Each venture is an independent company led by founders. The venture is also backed by ENGIE which gives founders access to global business networks and resources. After the venture is launched, ENGIE Factory continues to support the startup over the next few years through their growth stage - from getting product-market-fit to commercialisation and further fundraising.
Business model innovation with existing technology
Opportunities with immediate revenue potential
Ventures aligned with ENGIE’s strategy
We want to redefine our relationship with energy by developing new business models around renewable energy. We look at local generation of energy, innovative storage solutions and redistribution solutions with the aim to provide green energy to all.
We work with financial partners to leverage financial instruments for the green transition. Our goal is to create fintech startups suited for green project deployment and carbon removal to help customer reduce their emissions faster.
We want to improve the efficiency of our clients’ installations in terms of performance, energy consumption and carbon emissions – whether it is improving performance of installations, infrastructures and processes, or delivering on energy efficiency and decarbonisation KPIs.
We Invest In
Founders who join our Venture Build Program are on an accelerated track. We work closely with founders to ideate, validate, launch and scale their startups.
You’ll be supported by a dedicated venture building team to build an investment pitch, and once approved, you will get early-stage funding from ENGIE Factory to kickstart your new independent venture.
SustainX is a SaaS platform designed to help financial institutions lower the cost of deploying sustainability-linked loans for the SME segment in ASEAN markets. The solution aims to address challenges for both FIs and SMEs by acting as the largest behind-the-scenes facilitator of Medium Enterprise decarbonisation projects.
EnShare works with REITs and multiple building owners in Australia to optimize rooftop solar and storage installation, as well as aggregate capacity for participation in Australian energy market. Building owners are able to meet ESG targets and receive revenue share
from energy sale to tenants, who in turn access green energy at up to 25% lower tariffs.
EVDots was a startup originally under ENGIE Factory that has now become part of a ComfortDelgro Engie JV that is dedicated to the roll out of EV charging infrastructure and supporting the transition to sustainable transportation. The goal is to provide the entire ecosystem, from renewable energy production to EV charging systems to electric vehicles on the road.
ORkA is an advanced digital system that easily allows customers to input their energy information – about their buildings, factories, and businesses – and get a clear and professional improvements report instantly. Then, depending on the ROI of each action plan the customer makes an informed decision to choose the best for them, ORkA also offers financing and deployment of the solution.
PHNXX is a modular microgrid solution that provides customers with reliable, sustainable and cost-effective power on demand to suit their unique energy consumption profiles. PHNXX solution offers multiple sources of renewable energy generation coupled with battery storage and managed by an integrated Smart Energy Management System to meet customer energy demands without relying on the grid.
Entarctic maximizes energy efficiency in cold warehouses by reducing the electricity bills of cold storage facilities by up to 30% while ensuring safe temperatures. Its solution is quick-to-install and instantly makes customers’ cold room more energy efficient and sustainable. It is installed with no disruptions to operations and delivered on a pay-as-you-save or buy-and-own model.
GetSolar is a digital-first solar company in Singapore and is one of the first in the region to provide zero upfront cost, rooftop solar-as-a-service for smaller commercial and residential property owners. Customers now have a way to get instant solar savings without putting any money down, and in a risk-free approach.
Carbon Compass is decarbonising the mining sector by aggregating energy-related data from mid-tier mine sites to accelerate their deployment of renewables. Carbon Compass’s digital solution creates different simulations of renewable energy assets to help miners optimise their energy stack with different configurations of renewables.
TablePointer is an energy management-as-a-service for food and beverage outlets. Decentralized facilities like food and beverage outlets in Asia use 4X more energy per sqm versus office buildings and profit margins are hit by over 15% from energy wastages. TablePointer’s intelligent energy and asset manager helps decentralized facilities optimize energy efficiency, monitor assets and upgrade profitability.
BillionBricks is developing solar housing communities by combining effective technologies for solar houses with renewable energy models. BillionBricks’ innovative design makes it possible to build net-zero homes to foster homebuyer inclusiveness and reduce the carbon emission of the built industry. Projects are being deployed now in the Philippines to create net zero communities.