VERBUND X
Corporate venture investor and accelerator for energy-transition startups, run by Austrian utility VERBUND
About VERBUND X
VERBUND X is the innovation unit of VERBUND, Austria's largest electricity provider. It runs the VERBUND X Ventures corporate venture capital arm, which builds a portfolio of startup investments, and the VERBUND X Accelerator, which connects startups with VERBUND business units and industry partners. It also co-finances and staffs innovation projects across VERBUND's hydropower, wind and PV, hydrogen, storage and e-mobility units.
Its counterparts are startups in the energy sector and VERBUND's internal business units. The website describes a pipeline of storage, predictive maintenance, green hydrogen and ultra-fast charging projects, and does not describe pricing or revenue terms. The unit is organised into ventures investments, startup development, innovation execution, innovation enablement and innovation intelligence teams.
The company is registered with a founding year of 2017 and is headquartered in Vienna, Austria. The website is published in English and lists directors Franz Zöchbauer and Andreas Bräuer, with team members in the ventures, accelerator and innovation teams. Hiring information is not stated on the pages reviewed.
Product: Corporate venture investments in energy startups and the VERBUND X Accelerator programme for startup and utility collaboration.
Jobs at VERBUND X
Leadership
- Franz Zöchbauer · Managing Director, VERBUND XSource: company website
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