Belgium-based Junction Growth Investors has successfully closed its first fund at €115 million, marking a significant step in its mission to support the energy transition. Founded in the summer of 2022, the firm is led by award-winning entrepreneurs Bruno Vanderschueren and Pieter-Jan Mermans, alongside investment professionals Dirk Dewals and Vincent Gregoir. The fund is backed by a consortium of prominent investors, including large family offices, institutional backers, and technology entrepreneurs.

Strategic Investments in Energy Transition

Since its inception, Junction Growth Investors has deployed capital across seven investments spanning key energy transition verticals. These include grid-enhancing technologies, B2B installers, sustainable buildings, home energy management systems, and industrial decarbonization. The firm’s equity investments range up to €15 million per deal, targeting innovative European companies driving sustainable change.

Key Portfolio Companies

Junction Growth Investors' portfolio features groundbreaking companies advancing the energy transition. Notable investments include Ampacimon in Belgium and Eneida in Portugal, which specialize in high- and low-voltage grid-enhancing technologies to enable low-capex grid expansion and increased renewable energy adoption. Additionally, the firm has backed Eturnity in Switzerland and EET in Austria, which focus on digitalization solutions for renewable energy installers and smart battery technology for renters, respectively.

Electrification as a Growth Driver

According to Managing Partner Dirk Dewals, the firm views the energy transition as both an environmental necessity and an economic opportunity for Europe. He emphasizes that reducing dependence on carbon-based fuels enhances European competitiveness while fostering global technology leaders. Companies like Ampacimon, which has secured half of its order book in the U.S., exemplify the firm’s vision of fostering international-scale energy solutions.

Strong Investor Backing

The fund has attracted investment from a diverse range of backers, including some owners of AB InBev and Umicore, as well as the European Investment Fund (EIF). Other institutional supporters include BNP Paribas Fortis Private Equity, PMV, the Belgian Growth Fund, and fund-of-funds Keeling Capital. Additionally, well-known technology entrepreneurs, such as Jan-Willem Rombouts, Gregoire de Streel, and Jean-Guillaume Zurstrassen, have contributed to the fund’s capital base.

Junction Growth Investors remains committed to funding European scale-ups that are driving climate change mitigation and adaptation. The Article 9 fund will continue to focus on next-generation B2B installers, suppliers to independent power producers, and companies advancing grid-enhancing technologies. With its first successful fund close, the firm is poised to accelerate sustainable investments and expand its impact in the European energy transition landscape.