PGE Polska Grupa Energetyczna, the Polish Development Fund and the National Center for Research and Development (NCBR) have created the SpeedUp Energy Innovation fund (SEI) to invest PLN 100 million in the most innovative startups.

The fund’s objective is to invest in startups in the advanced growth phase operating in the area of Industry 4.0, digitization, energy storage, electromobility, digitalization, contact with the customer and big data.

– We create an investment fund of great importance for the Polish economy, and in particular for increasing the level of innovation in the Polish energy sector. Funds that the SEI fund will have at its disposal will be allocated to the development of the most innovative technology startups, whose value increase may bring tangible benefits for the entire Polish industry – said Henryk Baranowski, president of the management board of PGE Polska Grupa Energetyczna.