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Bart Beer
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Bart Beer

Chief Financial Officer

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At a glance

Full Name
Bart de Beer
Title
Chief Financial Officer
Firm
EIT InnoEnergy
Firm Type
Institutional cleantech investor / EIT Knowledge and Innovation Community (public-private, EU-backed). Note: aggregator listings labeling him an "Angel Investor" appear to be a miscategorization — he is the CFO of an institutional investor, not an individual angel.
Investment Stage
Early-stage / seed through growth (InnoEnergy backs ventures from seed to scale-up)
Check Size
Typical early-stage rounds InnoEnergy supports range ~€100,000–€500,000, with larger follow-on and scale-up capital for maturing portfolio companies
Target Company Profile
Cleantech and sustainable-energy startups and scale-ups building resilient net-zero value chains
Sector Focus
Renewable energy, energy storage and batteries, energy conversion / circular economy, and decarbonisation of energy-intensive industries (steel, cement, chemicals)
Geographic Focus
Europe (with growing transatlantic and EU–Japan cleantech partnerships)
Location
Eindhoven, Netherlands (InnoEnergy HQ)

Background

Bart de Beer is the Chief Financial Officer of EIT InnoEnergy, the EU-backed cleantech investor headquartered in Eindhoven, the Netherlands. He joined the organisation as CFO in 2011, a year after it was founded (2010) as one of the European Institute of Innovation and Technology's first Knowledge and Innovation Communities. He holds a degree in economics and has spent his career in senior financial roles.

Before InnoEnergy, de Beer built his financial expertise at large multinational corporations, including the Anglo-Dutch information and publishing group Reed Elsevier and the technology company Cisco. He also served as CFO of an international printing company with roughly 850 employees and €130 million in revenue. His stated professional focus spans financial strategy, risk management, and budgeting — the disciplines he applies to support InnoEnergy's long-term financial sustainability.

As CFO, de Beer's remit is the financial engine behind InnoEnergy's investment machine rather than day-to-day deal sourcing. InnoEnergy closed 2024 having mobilised €4.3 billion for its portfolio of cleantech start-ups and scale-ups across 56 funding rounds, adding 14 new companies to a portfolio that now numbers well over 200 ventures. The firm makes minority equity investments in early-stage companies and layers on value-added services intended to make the business case "bigger, sooner and safer" (de-risking).

Note on recent context: In June 2026, the European Public Prosecutor's Office (EPPO) opened a formal investigation into InnoEnergy over allegations of financial irregularities, misappropriation of public funds, and VAT fraud. Reporting connected to the probe noted that de Beer and former CEO Diego Pavia have together received more than €9.2 million in combined remuneration since 2010. An investigation is not a finding of guilt, and those involved remain presumed innocent.

Investment Thesis & Focus

  • Mandate: Industrialise cleantech innovation to build a global net-zero economy — InnoEnergy invests in early-stage ventures and in the current/future cleantech workforce to build "resilient clean tech value chains."
  • Stage: Concentrates on early-stage and seed companies pioneering new energy technologies, then follows on and helps orchestrate large growth and project-finance rounds as companies scale.
  • Check size: Early rounds it supports typically fall in the ~€100k–€500k range; it also catalyses very large downstream raises (e.g., billions mobilised across its portfolio annually).
  • De-risking model: Takes minority equity stakes and pairs capital with value-added services to make "the business case bigger, sooner and safer."
  • Sectors: Renewable energy sources, energy storage, energy conversion for the circular economy, and decarbonisation of heavy industry (steel, cement, chemicals).
  • Geography: European core, expanding via partnerships (e.g., Siemens Energy commercialisation tie-up; EU–Japan and transatlantic cleantech cooperation).

Notable Investments

  • Northvolt — European battery-cell gigafactory pioneer; InnoEnergy was an early backer with total contributions of ~€9.3 million (initial €3.5M plus €5.8M into the "Revolt" battery-recycling programme). Northvolt reached unicorn status and later raised $2.75 billion, though the company subsequently faced serious financial difficulties.
  • Verkor — Low-carbon battery manufacturer launched in 2020 with InnoEnergy support; building its first gigafactory in Dunkirk (initial 16 GWh/year). Later secured a green loan of over €1.3 billion.
  • H2 Green Steel (Stegra) — Integrated digital greenfield green-steel plant decarbonising steel production.
  • Skeleton Technologies — Ultracapacitor-based energy-storage solutions provider.
  • Hardt Hyperloop — Sustainable high-speed mobility innovator.
  • Prime Batteries Technology — Battery and storage production scale-up in Europe (joint effort with InnoEnergy).

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