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The latest headlines from SET Ventures

Fuchs and Eule Raises 10 million
05 min read

Fuchs & Eule raises 10 million euros to scale AI-powered building retrofit platform

Fuchs & Eule has raised 10 million euros to expand its AI-powered platform for building energy renovation. The Berlin-based company helps professional property owners identify, prioritise and implement the retrofit measures that can improve energy performance, reduce emissions and protect asset value. The funding round is led by GET Fund. New investors PI Impact and WaVe-X also participated, alongside existing investors SET Ventures, Picus Capital and Realyze Ventures. Fuchs & Eule will use the capital to further expand its digital business model, including AI technologies, intelligent portfolio screening tools, data-driven…

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SET joins climate coalition addressing the EU Commission
03 min read

65 EU impact funds call on the EU to create new ‘Impact/Solutions’ category in SFDR revision

#UnitedforImpact, a coalition of 65 impact investment funds across 17 European countries, together with Impact Europe, is urging the European Commission to use the revision of the Sustainable Finance Disclosure Regulation (SFDR) as a key chance to unlock private capital for transformative environmental and social solutions. To advance the EU’s 2030 climate goals, and tackle pressing social challenges, the coalition calls for a distinct ‘Impact/Solutions’ product category that focuses on investments delivering measurable outcomes, and for clearer differentiation between ESG, transition, and true impact. Far from being “just another EU…

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02 min read

Frequenz raises additional €10 million to scale its AI platform for energy management

Frequenz, an AI platform for autonomous energy management, has raised a €10 million follow-on financing round. Cape Capital, SET Ventures, Enkraft and existing investors participated in the round bringing Frequenz's cumulative total funding to over €25m. Founded in Berlin in 2019, Frequenz optimally positions corporate & industrial (C&I) electricity customers for the volatile energy markets of today. Allowing customers to better manage risks, reduce energy costs by up to 30% and cut CO2 emissions. Frequenz transforms previously passive electricity consumers into active energy market participants, disrupting the way decentralised, renewable…

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