With this investment, CDTI Innovation reaffirms its commitment to promoting projects that empower national companies to lead international markets, create high-quality employment, and enhance their competitiveness through advanced technology.
CDTI Innovation, through its Innvierte initiative, has invested 15 million euros in Next Technology Ventures II (NTV II), managed by Axon Partners Group. This investment aims to promote the development of high technology (‘Deeptech’) in SMEs within the climate sector (generation and smart grids, smart buildings and distributed energy, transport and mobility, industry, and circular economy), primarily targeting early-stage companies.
Next Technology Ventures II:
Driving Technological Innovation in Early-Stage Climate Solutions With a total size exceeding 60 million euros, NTV II began building its portfolio in 2023. Targeting between twenty and thirty investee companies, the fund has already made its first twelve investments in companies developing solutions to global challenges such as industrial decarbonisation (Build to Zero), green hydrogen production and carbon capture (Parallel Carbon), renewable energies and grid flexibility (Hepta, Phelas, or Novatron), and the circular economy (Nextmol).
Additionally, these companies are advancing enabling technologies based on IoT (Energiot or Wsense), new materials (Jolt), and even Quantum Computing applied to energy (Quilimanjaro).
The fund is managed by Axon Partners Group, which, since 2019, has maintained a dedicated investment strategy focused exclusively on the climate technology and energy transition ecosystem. While global in scope, Axon’s strategy prioritises Spain and Southern Europe.
Innvierte:
Promoting Business Innovation Through Venture Capital, Innvierte is a programme that fosters business innovation by supporting venture capital investments in technology-driven or innovative companies. Implemented through the closed-end collective investment entity Innvierte Economía Sostenible SICC S.M.E., S.A., this initiative operates under the supervision of the Spanish National Securities Market Commission (CNMV), with CDTI Innovation as its sole shareholder.
To date, CDTI Innovation has committed 2,183 million euros in 57 investment vehicles that have invested in over 602 companies. It has directly committed 632 million euros to 188 companies through its co-investment line.
Innvierte is part of the Spanish Science, Technology, and Innovation Strategy 2021-2027, approved by the Council of Ministers in September 2020. This strategy outlines the objectives, reforms, and measures to be implemented across the R&D&I sector to drive its growth and impact, forming a key pillar in the government’s R&D&I policy for the coming years.
