About us

  • We are an independent venture capital fund established by ČEZ, a major European energy utility, to invest in the European new energy sector.
  • We seek investments into small  to middle-market innovative cleantech companies.
  • We are interested in areas such as energy efficiency, distributed generation, flexibility and storage, energy and telco data services, and clean transportation.
  • We target later stage growth opportunities with business model proven by sales and with significant growth potential.
  • We focus on creating long term value through an active support of the companies and their founders. Given our energy background we can provide unique benefits to portfolio companies and co-investors, e.g. through piloting on the customer and asset base or through access to a significant energy trading desk.


„We are happy we are backed by investors like INVEN. It took only three months since the introduction meeting and INVEN was on the board. From then on INVEN team has always been very pragmatic but challenging, actively helping Sonnen to grow, e.g. they have introduced us to new partners including ČEZ.“
Torsten Stiefenhofer and Christoph Ostermann: founders of Sonnen

„It was a complex financing round and we are glad that INVEN managed to align interests with the other investors and became part of our growth story. Today we feel we have a strong support from the INVEN team and we appreciate every business opportunity brought by them, for instance most recently a CEZ Romanian wind farm pilot.“
Nils Aldag, Carl Berninghausen, Christian von Olshausen: founders of Sunfire

„We are delighted to have earned new investment and the trust of INVEN so soon after a successful financing round six months before. The INVEN team has been very helpful since the first time we met, for instance by introducing us to the CEZ Group retail sales department before INVEN has even invested in tado°.“
Johannes Schwarz, Christian Deilmann, Leopold von Bismarck: management of tado°

The Environmental Technologies Fund

„INVEN is a perfect partner for ETF, both as an investor and as a member of our Corporate Club. The INVEN team has great insight into the energy business, access to technical expertise within the CEZ Group, and a large network of European energy players - Exactly what we seek to help our portfolio companies and potential investees on their way to successful exit!”
Arne Morteani: Partner at ETF

Would you like to be the next one?

Investment strategy

Target business sectors

  • Energy cleantech
  • Innovative business model/technology

Target companies

  • Business model proven by first sales
  • Significant growth potential

Transaction types

  • Expansion capital (money-in) or Buy-out (money-out)
  • Both majority and minority stakes are possible (incl. co-investments)

Investments size

  • EUR 4-18m (equity)
  • Smaller and larger investments are possible

Geographical focus

  • Europe

Investment period

  • 3 - 7 years
  • Exit: Trade sale or IPO


Petr Míkovec

Managing Director

Co-founder of INVEN CAPITAL. Previously with ČEZ strategy. Always changing the world to a better place. 2 kids and meditation as part of this mission.

Ivo Němejc

Investment Director

Ex-banker with love for detail. Experience from LBBW and BAWAG. Finance as a hobby.

Viktor Miškovský

Investment Director

From consulting via power engineering to renewables and new technologies. Cycling as a challenge.

Martin Pacovský

Investment Director

Chronic energy business developer and long-distance running lover.

Jan Brožík

Investment Director

Responsible for financing of CEZ Group. Lazy runner.

Daniel Edgerley

Senior Associate

Background of private equity, strategy and EY valuations and restructuring. Passionate about fitness, tennis and food.

Michal Mravec

Senior Associate

Previously with ČEZ and technology start-up. Fearless skier, trumpeter and a gifted cook.

Petra Sokolová


INVEN enthusiast, previously with ČEZ strategy and EY valuations. Mountains and yoga fan.

Kristýna Machová


Corporate finance from UniCredit Bank background. Passionate violin player and culture lover.

Vincent Gregoir


Private equity and investment banking experience from Gimv and Squarefield. Explorer with a passion for wining & dining.

Jana Osangová


Always in family businesses: from starting online retail to nursery. Whole-hearted dog breeder.

Martina Štinglová

Office manager

Previously with Philip Morris and The Coca-Cola Company. Cigarettes, cars and dance addict.

What we love to tell inspiring founders we meet?

  1. 1. Choose your investor.
  2. 2. Want more than just money.
  3. 3. Do not give up your rights (e.g. clean exit).
  4. 4. Don’t worry, do it (speed and timing matter).
  5. 5. Have fun, be lucky.


8. 12. 2015

Petr Míkovec pitches INVEN CAPITAL at Ecosummit London 2015 with support from Petra Sokolová, Ivo Němejc and Kristýna Machová

Petr Míkovec pitches INVEN CAPITAL at ECO15 London. Prague-based INVEN CAPITAL is the new corporate VC of CEZ Group, the largest and most profitable utility in Eastern and South Eastern Europe.

23. 11. 2015

ČEZ Continues with Investments in German Market via INVEN CAPITAL

INVEN CAPITAL has acquired a minority stake in Sunfire, a company developing and industrialising the most progressive energy technologies that help reduce CO2 emissions and develop decentralized...

9. 7. 2015

INVEN CAPITAL, daughter-company of CEZ Group, invests in Sonnenbatterie, the German-based global leader in energy storage systems

INVEN CAPITAL, a company founded by the CEZ Group to invest in innovative energy solutions, has invested in Sonnenbatterie, a German company specialized in developing, manufacturing and selling...


Inven Capital, investiční fond, a.s.
Pod Křížkem 1773/2
147 00 Praha 4 - Braník
Czech Republic

GPS: 50.0361733, 14.4167258


Parking lots usually available
in front of Inven Capital offices.

Cars can be parked also
in Mezivrší street, a short walking
distance from Inven Capital.