The renewable natural gas (RNG) industry in DACH focuses on producing, distributing, and utilizing gas derived from organic materials. Companies within this sector range from pioneering startups to established corporations, with activities like anaerobic digestion, processing biomass, and developing waste management technologies. As sustainability becomes more pressing, the demand for RNG is surging, driven by climate policies and emerging technologies. By converting waste into energy, RNG not only addresses energy needs but also contributes to reducing greenhouse gas emissions. Innovators in this market are exploring advanced production methods and integration into existing infrastructures, paving a greener future for energy consumption.


The list features various investors active in the DACH renewable natural gas space. Among those are corporate giants like Siemens and Deutsche Bank, alongside private equity firms like Partners Group and responsAbility Investments AG. Headquarters range from bustling Berlin to serene Baar, and the majority of these firms were established between 1996 and 2015. In 2024 alone, they collectively engaged in numerous significant deals indicating robust interest and movement within the sector. Their approaches reflect a blend of venture capital, growth stage financing, and private equity strategies that are critical in nurturing emerging businesses.


Top 13 Renewable Natural Gas Investors in DACH


1. Deutsche Bank

  • Website: db.com
  • Type: Corporate
  • Headquarters: Frankfurt, Hesse, Germany
  • Founded year: 1870
  • Headcount: 10001+
  • Number of deals in 2024: 32
  • LinkedIn: deutsche-bank

Deutsche Bank AG, founded in 1870 and headquartered in Frankfurt, Hesse, Germany, is a leading investment bank and financial services provider. With over 10,000 employees, it offers a wide range of solutions including investment banking, corporate banking, cash management, trade finance, and securities services. In 2024, Deutsche Bank was involved in 32 investments, showcasing its active role in the financial market. Among its notable transactions, Deutsche Bank participated in a $3.33 billion financing for Varo Energy, which is allocating two-thirds of its $3.5 billion investment plan towards sustainable energies by 2026. This aligns with the growing trend towards renewable energy, including renewable natural gas. Additionally, Deutsche Bank has facilitated significant debt financing for other renewable energy companies such as Iberdrola and Greenko Group, further solidifying its position as a player in the renewable energy sector.


2. Siemens

  • Website: siemens.com
  • Type: Corporate
  • Headquarters: Munich, Bavaria, Germany
  • Founded year: 1847
  • Headcount: 10001+
  • Number of deals in 2024: 11
  • LinkedIn: siemens

Siemens AG, founded in 1847 and headquartered in Munich, Bavaria, Germany, is a prominent technology conglomerate specializing in industrial automation, energy solutions, rail transport, and health technology. With a workforce of approximately 320,000 employees, Siemens generates substantial revenue and is recognized for its innovative products and services that enhance efficiency and sustainability across various sectors. In recent years, Siemens has engaged in several transactions that align with its commitment to energy solutions. Notably, the company participated in the debt financing of Statera Energy, which raised approximately $376 million in November 2023, indicating a potential interest in energy projects that could include renewable natural gas. Additionally, Siemens has made strategic acquisitions, such as Shaw Power Technologies and Electrocon International, which enhance its service portfolio in energy and network planning. These activities reflect Siemens' ongoing efforts to innovate and invest in sustainable energy solutions, positioning them as a relevant player in the renewable energy landscape.


3. Demeter-Partners


Demeter-Partners is a venture capital and private equity firm based in Berlin, Germany, founded in 2007. The firm specializes in investments aimed at facilitating the energy and ecological transition, supporting innovative startups and small to mid-cap companies with funding and strategic guidance. With a strong emphasis on sustainable development, Demeter manages a diverse portfolio that includes investments in companies like Green Gas International, which raised $780,000 in 2008 and focuses on renewable gas solutions. They also have a history of supporting ventures like Methaneo, which raised funds in 2008, and H2air SAS, which secured investment in 2017. These transactions highlight Demeter's commitment to promoting ecological solutions, including those in the renewable natural gas sector.


4. Partners Group

  • Website: partnersgroup.com
  • Type: Private Equity
  • Headquarters: Baar, Zug, Switzerland
  • Founded year: 1996
  • Headcount: 1001-5000
  • Number of deals in 2024: 19
  • LinkedIn: partners-group

Partners Group Holding AG is a prominent investment management firm based in Baar, Zug, Switzerland, specializing in private equity, private infrastructure, private real estate, and private debt. Founded in 1996, the firm manages over USD 149 billion in assets and is recognized for its innovative approach and commitment to sustainability. Notably, Partners Group has made significant investments in the renewable energy sector, including the acquisition of CapeOmega, a Norwegian midstream infrastructure company focused on natural gas transportation, and EnfraGen, a Latin American power generation platform with a focus on renewable energy assets. Additionally, their investment in Sunsure Energy aims to enhance capabilities in executing renewable projects, further demonstrating their active role in the renewable energy landscape.


5. Mercuria


Mercuria Energy Group Ltd. is a global energy trading company based in Geneva, Switzerland, founded in 2004. With a workforce of 1001-5000 employees, Mercuria operates in the commodity markets, focusing on crude oil, natural gas, and renewable energy. The company provides trading services and invests in sustainable projects, aiding businesses in their transition to net zero. Notably, Mercuria has made significant strides in the renewable natural gas sector through various transactions. In 2020, they acquired Beyond6, a clean energy specialist, for $169 million, marking a strategic expansion into alternative fuels. In 2023, they acquired Roadgas Limited, which operates bio-CNG and bio-LNG stations in the UK, enhancing the decarbonization of heavy transport fleets. Furthermore, they have shown commitment to the renewable sector by securing capital for Arbor Renewable Gas, LLC, indicating their active role in supporting renewable natural gas initiatives. Their goal of directing a substantial portion of investments towards energy transition by 2026 underscores their dedication to sustainable energy solutions.


6. Siemens Financial Services


Siemens Financial Services, based in Munich, Bavaria, Germany, is a corporate investor founded in 1997. The firm specializes in providing innovative financial solutions that support digital transformation and sustainability across various sectors, including industry, infrastructure, mobility, and healthcare. In 2024, Siemens Financial Services was involved in several significant transactions that highlight their commitment to sustainable energy. They participated in a $550 million debt financing for Clearway Energy Group, which focuses on renewable energy projects, and a $190 million debt financing for Aypa Power, a company that develops renewable energy solutions. Additionally, they were part of a funding round for EIT InnoEnergy, a sustainable energy investor, indicating their strategic interest in supporting the growth of renewable energy initiatives. These transactions reflect Siemens Financial Services' alignment with the goals of promoting sustainability and advancing renewable energy technologies.


7. eCAPITAL ENTREPRENEURIAL PARTNERS


eCAPITAL ENTREPRENEURIAL PARTNERS is a venture capital firm based in Neunkirchen, North Rhine-Westphalia, Germany, founded in 1999. The firm specializes in investing in technology companies, particularly in sectors such as cleantech, software, and cybersecurity. They provide early to growth stage funding and strategic support to startups, helping them navigate challenges and achieve growth. Notable transactions include their investment in Smart Hydro Power, which raised €2.7M to finance reference projects and international sales, indicating a commitment to sustainable energy solutions. Additionally, they have invested in Geo-En and Heliatek, both of which are involved in innovative energy solutions, further showcasing their interest in the cleantech space. However, their specific engagement with renewable natural gas projects is not explicitly documented, which may limit their direct relevance to this niche.


8. responsAbility Investments AG


ResponsAbility Investments AG is an impact investment firm based in Zurich, Switzerland, specializing in managing investments in emerging markets. Founded in 2003, the firm focuses on financial inclusion, climate finance, and sustainable food production, providing investment solutions to both professional and retail investors. Their operations aim to generate positive societal and environmental impacts alongside financial returns, particularly for small and medium-sized enterprises in developing countries. In recent years, responsAbility has been involved in several transactions relevant to the renewable energy sector, including investments in Punjab Renewable Energy Systems and AMPIN Energy Transition, which align with their commitment to climate finance. Additionally, their funding of $20 million to Copper Mountain Energy Solar highlights their active role in supporting renewable energy projects, further solidifying their position as a significant investor in the renewable energy landscape.


9. Extantia

  • Website: extantia.com
  • Type: Venture Capital
  • Headquarters: Berlin, Berlin, Germany
  • Founded year: 2020
  • Headcount: 11-50
  • Number of deals in 2024: 6
  • LinkedIn: beyond-black-capital

Extantia is a Berlin-based venture capital firm founded in 2020, specializing in climate technology and sustainability. The firm is dedicated to investing in innovative solutions aimed at carbon reduction and offers consulting services on ESG practices. Extantia supports entrepreneurs and investors in the climate tech sector, facilitating the transition to a sustainable economy. Notably, Extantia has participated in significant funding rounds for companies like Reverion, which is focused on the production of biogas power plants, highlighting their commitment to renewable natural gas. In addition to Reverion, Extantia has also invested in Modern Hydrogen, further showcasing their interest in innovative energy solutions. Their portfolio reflects a strong alignment with the renewable energy sector, particularly in areas related to renewable natural gas.


10. UVC Partners


UVC Partners is a venture capital firm based in Munich and Berlin, specializing in investing in B2B startups across Europe. Founded in 2011, the firm has a team size of 11-50 and has been actively investing in innovative startups in various sectors. In 2024, UVC Partners has made 15 investments, including significant funding for Reverion, a German climate tech startup that raised €8.5 million to accelerate the production of biogas power plants, and later $62 million in a Series A round. Their portfolio also includes investments in Reel Energy, a renewable electricity supplier, showcasing their commitment to the renewable energy sector. UVC Partners provides not only financial support but also strategic guidance to help early-stage companies grow and succeed in competitive markets.


11. Speedinvest

  • Website: speedinvest.com
  • Type: Venture Capital
  • Headquarters: Vienna, Vienna, Austria
  • Founded year: 2011
  • Headcount: 51-200
  • Number of deals in 2024: 45
  • LinkedIn: speedinvest

Speedinvest is a venture capital firm based in Vienna, Austria, founded in 2011. The firm specializes in funding early-stage tech startups across Europe, providing both capital and hands-on support to help these companies scale their operations. Speedinvest's investment focus spans various technology sectors, including Deep Tech, Fintech, and SaaS. Notably, they have made significant investments in the cleantech sector, such as in NeoCarbon, which raised €3.2M for its CO2 removal technology, and Trawa, which is developing a digital energy provider aimed at supporting SMEs in the manufacturing and processing sectors. Their participation in these transactions highlights their interest in innovative energy solutions, positioning them as a relevant player in the renewable natural gas landscape.


12. IBB Ventures


IBB Ventures is a venture capital firm based in Berlin, Germany, founded in 1997. The firm specializes in early-stage financing and has invested in over 270 startups, providing not only capital but also expertise and resources to help these businesses thrive in competitive markets. Among their notable transactions, IBB Ventures has invested in companies like Lumenaza, which focuses on sustainable energy solutions and has raised significant funding to expand its operations in Europe. Additionally, their involvement with Spark e-Fuels, a company that is likely engaged in the production of renewable fuels, further highlights their interest in the renewable energy sector. These investments reflect IBB Ventures' commitment to supporting innovative startups that contribute to the transition towards sustainable energy solutions.


13. Verve Ventures

  • Website: verve.vc
  • Type: Venture Capital
  • Headquarters: Zurich, Zurich, Switzerland
  • Founded year: 2010
  • Headcount: 11-50
  • Number of deals in 2024: 25
  • LinkedIn: investiere-venture-capital

Verve Ventures is a Zurich-based venture capital firm founded in 2010, specializing in deep tech investments across Europe. With a team size of 11-50, they focus on providing funding and strategic support to science and technology startups, particularly in sectors such as climate tech, industrial technology, and health & bio. Notably, Verve Ventures participated in a Seed funding round for Turn2X, a Munich-based climate startup that is developing renewable natural gas production plants across Europe, raising €4.3M in June 2023. This investment highlights their commitment to supporting innovations in the renewable energy sector. Additionally, they have been involved in other funding rounds, such as supporting Insolight, which focuses on agrivoltaic solutions, further demonstrating their engagement in climate-related technologies.



Renewable Natural Gas Insights: Key Investors in DACH


InvestorHeadquarterSizeFoundedDeals 2024
Deutsche BankFrankfurt, Hesse, Germany10001+187032
SiemensMunich, Bavaria, Germany10001+184711
Demeter-PartnersBerlin, Berlin, Germany11-5020070
Partners GroupBaar, Zug, Switzerland1001-5000199619
MercuriaGeneva, Geneva, Switzerland1001-500020047
Siemens Financial ServicesMunich, Bavaria, Germany1001-5000199715
eCAPITAL ENTREPRENEURIAL PARTNERSNeunkirchen, North Rhine-Westphalia, Germany11-5019992
responsAbility Investments AGZurich, Zurich, Switzerland201-50020039
ExtantiaBerlin, Berlin, Germany11-5020206
UVC PartnersGarching, Bavaria, Germany11-50201115
SpeedinvestVienna, Vienna, Austria51-200201145
IBB VenturesBerlin, Berlin, Germany11-50199718
Verve VenturesZurich, Zurich, Switzerland11-50201025


Want to find more investors focusing on the renewable natural gas industry?

If you want to find more investors that are active in the renewable natural gasindustry, you can do that with Inven. We built this list and analysis throughInven's Investor Search, and there are a lot more private equity, venturecapital, and corporate investors like these globally.

With Inven, you'll also get to know:

  • Deal History: Number of deals and their sizes.
  • Portfolio: Companies they've invested in.
  • Contact data: Key dealmakers, including their emails and phonenumbers.
  • ...and much more!