Growth Capital • Energy Services and Equipment

XAnge Invests In Novawatt

On May 5, 2011, venture capital firm XAnge invested in energy services and equipment company Novawatt

Investment Context
  • This is XAnge’s 1st transaction in the Energy Services and Equipment sector.
  • This is XAnge’s 26th transaction in France.

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Investment Summary

Date May 5, 2011
Target Novawatt
Sector Energy Services and Equipment
Investor(s) XAnge
Deal Type Growth Capital

Target Company

Novawatt

Garches, France
Novawatt is an independant electricity producer. Novawatt's line of business includes the generation, transmission, and/or distribution of electric energy. Novawatt was founded in 2006 and is based in Garches, France.
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Investor Overview 1

Investor

XAnge

Investor Investor Investor Investor Investor


Category Venture Capital Firm
Founded 2004
PE ASSETS 450M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

XAnge is an early stage investor in Western European startups focused on enterprise data, financial technology, digital media, and tech-enabled services. XAnge was estbablished in 2004 and is headquartered in Munich, Germany.


Deal Context for Investor #
Overall 36 of 58
Sector: Energy Services and Equipment 1 of 1
Type: Growth Capital 15 of 31
Country: France 26 of 41
Year: 2011 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-04 KissKissBankBank

Paris, France

KissKissBankBank is a collaborative platform for funding innovative and creative projects. KissKissBankBank was founded in 2009 and is based in Paris, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-30 Marcel & Fils

Venelles, France

Marcel & Fils is a retail chain specializing in organic products. The Company offers a large range, mostly of food products (fruit and vegetables, fresh produce, bread, groceries, patisseries and savouries, gluten-free products, etc.) while also providing complimentary organic products such as cosmetics, nutritional supplements, home care items, and baby products, etc. Marcel & Fils was founded in 2008 and is based in Venelles, France.

Buy -