PERSEO is Iberdrola's corporate venture capital program. It invests in startups developing technologies and business models in the energy sector to support Iberdrola's goals of decarbonization, electrification, and digitalization. The program uses a fund of over €200 million and has invested in more than 20 startups, plus a venture builder unit that creates new companies from scratch. Investments are complemented by access to Iberdrola's expertise, resources, and global network, helping portfolio companies scale. PERSEO differentiates itself by aligning venture investments with Iberdrola's strategic aims, offering strategic support and scale opportunities alongside purely financial backing, and by combining an active venture investment approach with in-house company creation. Its goal is to accelerate the development of innovative solutions in renewables, energy storage, smart grids, electric mobility, and energy efficiency that advance Iberdrola's transition objectives.
Company Size
10,001+
Company Stage
IPO
Headquarters
Madrid, Spain
Founded
2008
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