P
PERSEO
PERSEO is the corporate venture capital and start-up programme of Spanish utility Iberdrola, active since 2008. It invests in start-ups and technologies supporting the energy transition, including renewable generation, smart grids, energy storage, electric mobility, green hydrogen and the digitalisation of energy assets, and works with them through pilots, technology challenges and a venture builder that creates new companies. The programme has committed more than €200M, including stakes in the Andromeda SustainableTech Fund (with Seaya) and the GED TECH Seed Fund for Portuguese start-ups. Its investments include Wallbox, whose €15M round it led in 2019, and Stem; both companies went public in 2021.
SectorsEnergy transition, Renewable energy, Smart grids, Energy storage, E-mobility, Green hydrogen, Energy digitalisation
VC MapCorporate VC
Team
D
Diego Díaz Pilas
Global Head of Technology & Ventures (Head of Iberdrola Ventures - PERSEO)
Portfolio companies 10
Open 9 as list → On map →
BBarbara
entered at Series A (estimated), 2022
TTribbu
led Series A, 2025
N
Nido
entered at Seed, 2025
AADI Data Center
entered at a round, 2024
RRevestimientos Técnicos Sostenibles
led a round, 2024
AAquí tu Reforma
led Series A (estimated), 2022
BBasquevolt
entered at Seed, 2022
CCO2 Revolution
led Seed, 2021
WWallbox
led Series A, 2019
Exited or sunsetted (1)
AAlgaEnergy
per company site
Funding rounds 13
Open as list →| Date | Company | Round | Amount | Lead |
|---|---|---|---|---|
| 2026-07-02 | Wallbox | Post-IPO | approximately €11.8M |
Lead unknown
+4 more
|
| 2026-02-18 | Barbara | Series A (estimated) | €4.5M |
Aramco Ventures
+2 more
|
| 2025-10-06 | Tribbu | Series A | €2.1M | Iberdrola (PERSEO), Grupo Ruiz |
| 2025-06-05 | Wallbox | Post-IPO | $15M |
Lead unknown
+4 more
|
| 2025-02-25 | Wallbox | Post-IPO | $10M |
Lead not disclosed
+5 more
|
| 2025-02-10 | Nido | Seed | €5M incl. debt: equity and debt, the split was not disclosed |
Ship2B Ventures
+4 more
|
| 2024-12-16 | ADI Data Center | No stage disclosed | €4.8M |
Lead not disclosed
+5 more
|
| 2024-11-22 | Revestimientos Técnicos Sostenibles | No stage disclosed | — | Iberdrola Perseo |
| 2024-07-31 | Wallbox | Post-IPO | $45M |
Generac Power Systems
+2 more
|
| 2023-12-04 | Wallbox | Post-IPO | $31.7M |
Generac
+4 more
|
| 2023-03-09 | Aquí tu Reforma | Series A (estimated) | €2.5M |
Roca Group Ventures
+4 more
|
| 2022-11-29 | Wallbox | Post-IPO | $43.5M |
Lead unknown
+6 more
|
| 2022-11-03 | Basquevolt | Seed (estimated) | €1.25M |
Lead not disclosed
+2 more
|
| 2022-06-13 | Basquevolt | Seed | €10M |
Basque Government
+5 more
|
| 2022-05-11 | Barbara | Series A (estimated) | €2.5M |
Caixa Capital Risc
+4 more
|
| 2022-02-15 | Aquí tu Reforma | Series A (estimated) | €1M | Iberdrola Perseo |
| 2021-08-30 | CO2 Revolution | Seed | — | Iberdrola (PERSEO) |
| 2021-02-01 | Wallbox | Series B (estimated) | €33M |
Cathay Innovation, WIND Ventures
+2 more
|
| 2019-06-25 | Wallbox | Series A | €23M |
Iberdrola
+2 more
|