# Deutsche Investitions- und Entwicklungsgesellschaft mbH

> Deutsche Investitions- und Entwicklungsgesellschaft mbH is a VC fund backing Energy. See 9 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 9
- Last investment: Feb 2023
- Lead investor: 0%
- Last updated: Aug 2026

Deutsche Investitions- und Entwicklungsgesellschaft mbH is a development finance institution.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 3 | 33% |
| Renewable Energy | 3 | 33% |
| Telecommunications | 2 | 22% |
| ISP | 1 | 11% |
| Water | 1 | 11% |

31 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Funding Round | 2 | 22% |
| Debt Financing | 2 | 22% |
| Private Equity | 2 | 22% |
| Series A | 1 | 11% |
| Series B | 1 | 11% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 2 | 22% |
| United States | 2 | 22% |
| France | 1 | 11% |
| Mauritius | 1 | 11% |
| South Africa | 1 | 11% |

6 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Lulalend | LulaLend is more than a company. It’s a belief in the power of small business, making a difference, building a better solution and striving for excellence. We work hard to empower businesses across South Africa with the funds they need to grow, and we have a great time doing it! | $35.2M | Series B | Feb 01, 2023 |  |
| Massive Bio | Massive Bio, is an Artificial Intelligence (AI) powered platform that connects cancer patients and their treating oncologists to clinical trials while enabling pharmaceutical companies to get access to patients, mostly in community practices, and their information to speed up drug development. Massive Bio combines technology, services and oncologysub-specialist expertise to maximize trial enrollment. Massive Bio is the first company that attacks controlling patient enrollment value chain; Massive Bio does patient identification through direct direct and indirect patient acquisition channels, pre-screening through virtual site, Just-In-Time (JIT) site activation and further analyzes real world data for drug discovery. One of the major differentiating point of Massive Bio is that the Company tackles “last mile” issues for trial enrollment to eliminate site and/or financial considerations of patients. Massive Bio is the go to partner for pharmaceutical companies and CROs to get the right patient at the right time. | $16.5M | Series A | Jun 02, 2022 |  |
| Eranove | Formerly known as Finagestion, the Eranove Group is a leading player in public service management and electricity and drinking water production in West Africa.The Group has been operating in Côte d’Ivoire (SODECI, CIE, CIPREL and AWALE) for several decades, in Senegal (SDE) since 1996 and in the Democratic Republic of Congo, via a servicecontract with REGIDESO, since 2012.The Group and its subsidiaries are fully committed to all aspects of Corporate Social Responsibility (CSR) in meeting with quality, safety and environmental standards according to ISO 9001, OHSAS 18001 and ISO 140001 certification standards. | $250M |  | Aug 07, 2021 |  |
| Africa Mobile Networks | Africa Mobile Networks Ltd finances, builds, and operates mobile network base stations in Sub-Saharan Africa region, connecting the unconnected rural population. The company combines low power Base Transceiver Station (BTS) transmitters with Very Small Aperture Terminal (VSAT) satellite technology and directs traffic onto an existing network, usingsolar panels to power the systems. | $36M | Private Equity | Jul 21, 2021 |  |
| Liquid Intelligent Technologies | Liquid Intelligent Technologies is an independent data, voice, and IP provider that is committed to building Africa’s digital future. | $840M | Debt Financing | Feb 25, 2021 |  |
| Hazelcast | Hazelcast is a provider of an open-source in-memory computing platform used for caching, stream processing, and microservices. It aims to address the growing demand for enhanced application performance, data processing speed, and scalability.Hazelcast's in-memory computing platform is comprised of two core products, the Hazelcast IMDG andJet. Hazelcast IMDG is an in-memory data grid that provides high availability and scalability by distributing data across multiple nodes. Hazelcast Jet is an ultra-fast, application embeddable, stream, and batch processing engine capable of supporting real-time streaming data. The company also offers Hazelcast Cloud, a fully managed, low latency data layer for cloud-based workloads at any scale.Hazelcast’s customers include 50 of the largest financial institutions, seven of the top telecommunications providers, and six of the biggest e-commerce retailers. | $28.5M | Series D | Feb 11, 2020 |  |
| Avaada | Business and sustainability can go hand-in-hand. Their unique strategy interweaves business goals with environmental sustainability and social responsibility, producing mutually beneficial results. By contributing to community’s socio-economic development in the short-term, they foresee delivery of continual value to their shareholders. Throughtheir community engagement initiatives, they are contributing to uplift the lifestyle of communities they work with. | $144M | Debt Financing | Apr 09, 2019 |  |
| NSL Renewable Power | With a versatile and highly skilled talent pool piloting the growth, and boosted by the strong brand name of the group, NSL Renewable Power Private Limited is one of the fastest growing and a independent renewable power company with interests in wind fams, Hydel power and Bio mass plants, the company follows a unparalleled buisness model in each ofthe verticals and thus evolved as a independent power producer, our panoptic skills encompas all aspects of implemention and operation. | $60M |  | Apr 29, 2013 |  |
| NSL Renewable Power | With a versatile and highly skilled talent pool piloting the growth, and boosted by the strong brand name of the group, NSL Renewable Power Private Limited is one of the fastest growing and a independent renewable power company with interests in wind fams, Hydel power and Bio mass plants, the company follows a unparalleled buisness model in each ofthe verticals and thus evolved as a independent power producer, our panoptic skills encompas all aspects of implemention and operation. | $60M | Private Equity | Apr 29, 2013 |  |

9 of 9 investments shown.

## Co-investors
- [KFW DEG](https://shizune.co/investors/profile/kfw-deg) — VC Fund, 8 deals together
- [International Finance Corporation](https://shizune.co/investors/profile/international-finance-corporation) — VC Fund, 4 deals together
- [Proparco](https://shizune.co/investors/profile/proparco) — VC Fund, 3 deals together
- [Fe Clean Energy](https://shizune.co/investors/profile/fe-clean-energy) — VC Fund, 2 deals together
- [GEF South Asia Clean Energy Fund](https://shizune.co/investors/profile/gef-south-asia-clean-energy-fund) — VC Fund, 2 deals together
- [A.P. Moller Capital](https://shizune.co/investors/profile/a-p-moller-capital) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Bpifrance](https://shizune.co/investors/profile/bpifrance) — VC Fund
- [SFC Capital](https://shizune.co/investors/profile/startup-funding-club) — VC Fund
- [HTGF (High-Tech Gruenderfonds)](https://shizune.co/investors/profile/high-tech-gr%C3%BCnderfonds) — VC Fund

## FAQ

### What does Deutsche Investitions- und Entwicklungsgesellschaft mbH invest in?

Deutsche Investitions- und Entwicklungsgesellschaft mbH invests primarily in Energy, Renewable Energy and Telecommunications startups, most often at Funding Round and Debt Financing stage. Most of the 9 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Deutsche Investitions- und Entwicklungsgesellschaft mbH last invest?

The most recent investment recorded for Deutsche Investitions- und Entwicklungsgesellschaft mbH closed in Feb 2023. Shizune tracks 9 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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