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Innogy is a government office in Germany that offers innovative and sustainable products and services which enable people to use energy more efficiently and improve their quality of life. Founded 2016 in Essen, Nordrhein-Westfalen, Germany, this government office invests in early stage ventures. Its portfolio companies include Waycare, T-REX, People Power, Hubject, Intertrust, and Heliatek. As of February 2020, Innogy has made seven investments. Their most recent investment was on October 3, 2019, when Waycare raised $7.3M. WayCare is a service that optimizes traffic management systems leveraging predictive analytics, and enables two way vehicle to city communication. Innogy has had one exit, which was Intertrust. Intertrust is a company that invents technologies that provides digital security, data privacy, trusted computing, and rights management.
