The investment capital fund Inven Capital of the CEZ energy group has invested about CZK 3.4 billion in the six years since the first acquisition. Since 2015, it has examined 2,400 investment opportunities from all over Europe, and has so far selected 14 for implementation, including two Czech ones. The fund has already sold its shares in two companies to global players – Microsoft and Shell. CEZ spokeswoman Alice Horakova. According to her, the fund received a total of CZK 6.3 billion from ČEZ and the European Investment Bank for investments.
Horáková reminded that Inven’s first investments in 2015 went to the German companies Sonnen and Sunfire, since then the fund has entered another 12 start-ups from Europe and Israel. “Inven Capital has been very successful in the two sales of its shares so far – Shell has been acquired by Shell and Cyber-X has been attracted by Microsoft.
Inven Capital currently owns stakes in 12 companies from six countries, which employ over 1,300 people and develop their activities on all continents except Antarctica. According to Horáková, the total revenues of these companies at the end of 2020 amounted to 4.6 billion crowns. “The transfer of technologies, products and services to ČEZ’s offer is also valuable for us, as was the case, for example, with the Israeli company Driivz, whose software has been managing our entire network of charging stations for electric vehicles since last year,” said Pleskač.
In the next five years, Inven plans to invest another less than two billion crowns in the current portfolio, and the company also plans to continue looking for other opportunities. “Over the last six years, we have helped our companies raise about 13 billion crowns from global capital funds,” said Petr Míkovec, CEO of Inven Capital, today.
Source: CTK
