Innogy (IGY.DE) has signed a deal with Israeli company OurCrowd that will give the German utility access to the crowdfunding firm’s pipeline of start-ups in return for providing access to its customer base, Innogy CEO Peter Terium said on Tuesday.

Terium said his company would spend “several million euros” from a 130 million euros ($137.79 million) venture fund to exchange knowledge and product roll-out opportunities in the energy market and beyond.

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