# European Bank for Reconstruction and Development Portfolio Map 2026: 41 Startups by Sector

> European Bank for Reconstruction and Development's portfolio mapped: 41 startups it has backed, in 7 sectors from Energy, Fintech and AI on.

Source: https://millionrounds.com/portfolio-maps/ebrd-portfolio-map (Millionrounds; every figure on the page links to its filing or article)

## Energy

15

- [Rezolv Energy](https://millionrounds.com/company/rezolv-energy)
- [Eastern European Electric Company](https://millionrounds.com/company/eastern-european-electric-company)
- [Infinity Power](https://millionrounds.com/company/infinity-power)
- [Renalfa](https://millionrounds.com/company/renalfa)
- [Renalfa IPP](https://millionrounds.com/company/renalfa-ipp)
- [*NE* Nofar Energy](https://millionrounds.com/company/nofar-energy)
- [Enefit Green](https://millionrounds.com/company/enefit-green)
- [Baltic Storage Platform](https://millionrounds.com/company/baltic-storage-platform)
- [Sunly](https://millionrounds.com/company/sunly)
- [NGEN](https://millionrounds.com/company/ngen)
- [BIG Mega Renewable Energy](https://millionrounds.com/company/big-mega-renewable-energy)
- [National Electric Grid of Uzbekistan](https://millionrounds.com/company/national-electric-grid-of-uzbekistan)
- [Crnogorski elektrodistributivni sistem](https://millionrounds.com/company/crnogorski-elektrodistributivni-sistem)
- [PHOTON ENERGY](https://millionrounds.com/company/photon-energy)
- [Eldrive](https://millionrounds.com/company/eldrive)

## Fintech

9

- [Santander Consumer Bank Sweden](https://millionrounds.com/company/santander-consumer-bank-sweden)
- [Paymob](https://millionrounds.com/company/paymob)
- [GlobalCorp](https://millionrounds.com/company/globalcorp)
- [Param](https://millionrounds.com/company/param)
- [*EH* EFG Holding](https://millionrounds.com/company/efg-holding)
- [Plum Fintech](https://millionrounds.com/company/plum-fintech)
- [ProCredit](https://millionrounds.com/company/procredit)
- [Lovcen Banka](https://millionrounds.com/company/lovcen-banka)
- [Cardoo](https://millionrounds.com/company/cardoo)

## AI

4

- [Causaly](https://millionrounds.com/company/causaly)
- [Nomagic](https://millionrounds.com/company/nomagic)
- [PandaDoc](https://millionrounds.com/company/pandadoc)
- [Esper Bionics](https://millionrounds.com/company/esper-bionics)

## Logistics

4

- [Fraport Greece](https://millionrounds.com/company/fraport-greece)
- [Rohlik](https://millionrounds.com/company/rohlik)
- [Vilniaus viešasis transportas](https://millionrounds.com/company/vilniaus-viesasis-transportas)
- [Breadfast](https://millionrounds.com/company/breadfast)

## Oil & Gas

3

- [European Metals Holdings](https://millionrounds.com/company/european-metals-holdings)
- [Euro Manganese](https://millionrounds.com/company/euro-manganese)
- [Sarytogan Graphite](https://millionrounds.com/company/sarytogan-graphite)

## Cleantech

3

- [Green Genius](https://millionrounds.com/company/green-genius)
- [R.Power Renewables](https://millionrounds.com/company/r-power-renewables)
- [Kumulus Water](https://millionrounds.com/company/kumulus-water)

## Big Data & Analytics

3

- [Manta](https://millionrounds.com/company/manta)
- [Srbija Voz](https://millionrounds.com/company/srbija-voz)
- [Data4X](https://millionrounds.com/company/data4x)

## Segment by segment

### Energy

15 startups · $3.1B raised

- [**Rezolv Energy**](https://millionrounds.com/company/rezolv-energy) Rezolv Energy is an independent power producer and renewable energy developer based in Prague, Czech Republic. Romania $763M
- [**Eastern European Electric Company**](https://millionrounds.com/company/eastern-european-electric-company) The Eastern European Electric Company B.V. Netherlands $560M
- [**Infinity Power**](https://millionrounds.com/company/infinity-power) Infinity Power is a renewable energy company that offers solar, battery storage, and grid infrastructure solutions. Netherlands $372M
- [**Renalfa**](https://millionrounds.com/company/renalfa) Renalfa is a clean energy investment group with focus in renewable energy and e-mobility. Bulgaria $370M
- [**Renalfa IPP**](https://millionrounds.com/company/renalfa-ipp) Renalfa IPP is an independent electricity producer and developer. Austria $247M
- [*NE* **Nofar Energy**](https://millionrounds.com/company/nofar-energy) Nofar Energy is a renewable energy company that specializes in the financing, construction, and operation of renewable energy projects. - $192M
- [**Enefit Green**](https://millionrounds.com/company/enefit-green) Enefit Green was established to unite all of the group's renewable energy production units into a single company. Estonia $109M
- [**Baltic Storage Platform**](https://millionrounds.com/company/baltic-storage-platform) Baltic Storage Platform is a cutting-edge battery park comple designed to enhance energy independence and stabilize the power grid. Estonia $99M

### Fintech

9 startups · $316M raised

- [**Santander Consumer Bank Sweden**](https://millionrounds.com/company/santander-consumer-bank-sweden) Santander Consumer Bank Sweden is a passionate organization that provides great opportunities for advancement. Sweden $71M
- [**Paymob**](https://millionrounds.com/company/paymob) Paymob is a leading financial services enabler in the MENA-P region, founded in 2015. Egypt $57M
- [**GlobalCorp**](https://millionrounds.com/company/globalcorp) GlobalCorp provides a complete range of leasing, factoring, and non-banking financial services for corporate, entrepreneurs, and SMEs. Egypt $52M
- [**Param**](https://millionrounds.com/company/param) Param is a financial technology company that provides customizable embedded finance solutions for businesses and individuals. Türkiye $52M
- [*EH* **EFG Holding**](https://millionrounds.com/company/efg-holding) Egypt $40M
- [**Plum Fintech**](https://millionrounds.com/company/plum-fintech) Plum Fintech is a developer of personal savings assistant solutions for customers. United Kingdom $23M
- [**ProCredit**](https://millionrounds.com/company/procredit) Offering Credit Reports, Scores, and Monitoring Kosovo $18M
- [**Lovcen Banka**](https://millionrounds.com/company/lovcen-banka) Lovcen Banka is a financial bank offers retail banking, wealth management, investment, loans, credit and debit card services. Montenegro $2.3M

### AI

4 startups · $146M raised

- [**Causaly**](https://millionrounds.com/company/causaly) Causaly is a London-based artificial intelligence company founded in 2018, specializing in a biomedical research platform that acc United Kingdom $60M
- [**Nomagic**](https://millionrounds.com/company/nomagic) Nomagic is a Warsaw-based AI-robotics company founded in 2017, specializing in Physical AI systems to automate warehouse operations. Poland $54M
- [**PandaDoc**](https://millionrounds.com/company/pandadoc) PandaDoc is an American SaaS company that specializes in document automation technology. United States $27M
- [**Esper Bionics**](https://millionrounds.com/company/esper-bionics) Esper Bionics is a healthtech startup founded in 2019, dedicated to enhancing human abilities for individuals with limb differences. United States $5.0M

### Logistics

4 startups · $1.6B raised

- [**Fraport Greece**](https://millionrounds.com/company/fraport-greece) Fraport Greece is responsible for operating, managing, upgrading and developing 14 airports in Greece. Greece $1.3B
- [**Rohlik**](https://millionrounds.com/company/rohlik) Rohlik is a grocery delivery company that offers online grocery delivery service. Czechia $94M
- [**Vilniaus viešasis transportas**](https://millionrounds.com/company/vilniaus-viesasis-transportas) Vilniaus viešasis transportas manages and operates bus and trolleybus services in Vilnius. Lithuania $84M
- [**Breadfast**](https://millionrounds.com/company/breadfast) Breadfast is a Cairo-based consumer supply-chain technology platform and the leading online grocery "dark store" in Egypt, founded in 2017. Egypt $60M

### Oil & Gas

3 startups · $47M raised

- [**European Metals Holdings**](https://millionrounds.com/company/european-metals-holdings) European Metals Holdings is a mineral exploration and development company engaged in the exploration of tin and base metals. Australia $36M
- [**Euro Manganese**](https://millionrounds.com/company/euro-manganese) Euro Manganese is a Canadian mineral resource company that focuses on advancing the development of the Chvaletice Manganese Project. Canada $7.8M
- [**Sarytogan Graphite**](https://millionrounds.com/company/sarytogan-graphite) Sarytogan Graphite is Developing the giant and exceptionally high grade Sarytogan Graphite. Australia $3.2M

### Cleantech

3 startups · $284M raised

- [**Green Genius**](https://millionrounds.com/company/green-genius) Lithuania $183M
- [**R.Power Renewables**](https://millionrounds.com/company/r-power-renewables) R.Power Renewables develops renewable energy sources. Poland $98M
- [**Kumulus Water**](https://millionrounds.com/company/kumulus-water) Kumulus Water is a French-Tunisian GreenTech startup founded in 2021, focused on providing sustainable access to clean drinking water. France $3.4M

### Big Data & Analytics

3 startups · $133M raised

- [**Manta**](https://millionrounds.com/company/manta) Manta is an online community for small businesses, facilitating connections and promotional activities. United States $84M
- [**Srbija Voz**](https://millionrounds.com/company/srbija-voz) Srbija Voz is Serbia’s state-owned national passenger railway company. Serbia $49M
- [**Data4X**](https://millionrounds.com/company/data4x) Data4X provides interactive data insights, API integration, custom dashboards, and multiuser access for informed business decisions. Albania $200K

**How this map is made.** Every startup here has raised money in a round we track that names European Bank for Reconstruction and Development as an investor, the first in 2017. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Private equity · United Kingdom **Janus Henderson Investors** 128 startups · 3 sectors · $28B](https://millionrounds.com/portfolio-maps/janus-henderson-investors-portfolio-map)[Private equity · United Kingdom **DST Global** 90 startups · 8 sectors · $279B](https://millionrounds.com/portfolio-maps/dst-global-portfolio-map)[Private equity · United Kingdom **Business Growth Fund** 88 startups · 12 sectors · $3.3B](https://millionrounds.com/portfolio-maps/bgf-portfolio-map)[Private equity · United Kingdom **Foresight Group** 61 startups · 12 sectors · $1.3B](https://millionrounds.com/portfolio-maps/foresight-group-portfolio-map)[Private equity · United Kingdom **Maven Capital Partners** 51 startups · 12 sectors · $752M](https://millionrounds.com/portfolio-maps/maven-capital-partners-portfolio-map)[Private equity · United Kingdom **3i Group** 46 startups · 8 sectors · $2.4B](https://millionrounds.com/portfolio-maps/3i-group-portfolio-map)

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