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Key people at CINEA.
CINEA, the European Climate, Infrastructure and Environment Executive Agency, serves as the European Union's operational arm for managing critical funding programmes. It efficiently oversees the entire grant lifecycle for numerous initiatives focused on energy, environment, climate action, and transport. The agency's core capability lies in its robust project management framework, ensuring the effective implementation of diverse EU programmes such as CEF, Horizon Europe, and the Innovation Fund, all aimed at decarbonisation and sustainable development.
Officially established on February 15, 2021, and commencing operations on April 1, 2021, CINEA was created by the European Commission. This formation stemmed from an imperative to streamline and enhance the management of EU programmes critical to achieving the ambitious European Green Deal objectives. It evolved from its predecessor, the Innovation and Networks Executive Agency (INEA), to encompass a broader mandate aligned with the EU's intensified focus on environmental and climate policies.
CINEA’s beneficiaries include a wide array of public and private entities, project developers, and researchers across the European Union engaged in green and sustainable projects. The agency’s overarching mission is to bolster economic development, strengthen competitiveness, and safeguard nature within the EU. Its forward-looking vision centers on accelerating green growth and fostering clean industry, thereby playing a pivotal role in Europe’s transition towards a climate-neutral future.
Key people at CINEA.
CINEA has 2 tracked investments across 2 companies. The latest tracked deal is $24.0M Grant / Series A in bound4blue in September 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 7, 2023 | bound4blue | $24.0M Grant / Series A | MAX Clegg, GTT Strategic Ventures | Cdti, Marcin Nowak, Ocean Born Foundation, Yann Marteil, SUN Returns, Sustainable Ocean Alliance |
| Jan 23, 2023 | Sono Motors | $1.6M Other Equity | Cinea | — |