Future Energy Ventures originated as E.ON's venture platform with a €250m portfolio of energy-transition stakes and has since spun out as an independent fund that connects startups with utilities and corporates for commercial pilots and scale-up through its platform model. The fund focuses exclusively on the software side of the energy transition, backing later-seed to Series B companies with proven market traction that develop digital, asset-light solutions like AI and data platforms rather than capital-intensive hardware or generation assets.