Emerald advances airline logistics decarbonization with Colibri Energy investment

Zürich, Switzerland: Cleantech venture capital pioneer Emerald Technology Ventures has invested into Colibri Energy, a maker of batteries for airport logistics vehicles. The funding round, which was joined by Nabtesco Technology Ventures (NTV) and ABN AMRO Sustainable Impact Fund, will help the company grow its presence in airports around the world.

Germany-based Colibri makes modular, low-maintenance lithium-ion battery packs for so-called airside vehicles like forklifts and pallet handlers. It pairs these with an easy-to-use software platform that allows operators and energy managers wide-ranging visibility over their vehicles, helping them save time and money.

The global aviation industry faces immense pressure to decarbonize, and airside logistics ranks among the lowest-hanging fruit of this endeavor. Electrifying these vehicles will likely foster growth in the market for industrial batteries, potentially helping it reach $27 billion by 2027, up from $17 billion in 2019.

Colibri sells to both vehicle makers as well as directly to fleet owners like airports. Its batteries are currently found in 22 airports around the world, a figure it hopes to scale rapidly.

Emerald has a long and robust track record in deals meant to speed the energy transition, including in batteries. Recent energy-related investments include in battery materials innovator NanoGraf and wind turbine service provider eologix. The Colibri deal helps it secure a slice of a vital and fast-growing segment of the global net-zero race.

Japan-based NTV is one of Emerald’s corporate venture capital-as-a-service clients. Under this arrangement, Emerald manages NTV’s deal flow and advises it on the best investments to match its needs and strategic priorities.

About Emerald Technology Ventures

Emerald is a globally recognized venture capital firm building a sustainable future at the crossroads of industry and technology. Founded in 2000, it is a pioneer in open innovation, providing multi-national corporations with rich deal flow and insight in the sectors and markets of tomorrow. Emerald manages and advises assets of over €1 billion from its offices in Zurich, Toronto and Singapore. The firm is dedicated to tackling big challenges in climate change and sustainability via over 500 venture transactions and five third-party investment mandates, including loan guarantees to over 100 start-ups. www.emerald.vc



About Colibri Energy

Colibri Energy is an OEM-independent developer and premium supplier of intelligent modular Lithium-Ion battery systems for industrial non-highway mobility. With an over seven year proven real life track record in the harshest environmental and operating conditions with temperatures ranging from -30°C to +55°C and humidity up to 100% Colibri batteries stand for the highest product and service quality in the market. Manufactured in Berlin, Germany the Colibri batteries are used at over 20 airports around the world for new vehicles and for the replacement of lead-acid batteries, especially in airport logistics and industrial trucks. They are compatible with nearly all leading vehicle brands and types as well as chargers. As a pioneer of industrial e-mobility with unique data-driven modular design, Colibri battery systems combine the reduction of resources, carbon emissions and operating costs of up to 50%. For more information, please visit www.colibri-energy.com


Maximilian Weichsberger

Phone: +49 173 3717 242


About ABN AMRO Sustainable Impact Fund

With a commitment of €500 million, the ABN AMRO Sustainable Impact Fund invests through direct equity investments in key transition sectors, contributing to accelerating the transition in the energy, circular and social impact pillars. The fund’s stated goal is to use its commitment to combine sustainable impact with financial returns. For more information, please visit www.abnamro.nl/sif