Based in Düsseldorf, Germany, the "exit-orientated" unit, Statkraft Ventures, will make lead-off investments "in the range up to €2.5m".
"Our mission is to be the preferred partner for ambitious entrepreneurs," says Matthias Dill, who moves from his role as boss of corporate venture capital at Statkraft to head the unit.
"Even though capital is an important part for a start-up's sustainable growth, we know that committed founders are the key to success.
"We