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PostScriptum Ventures
PostScriptum Ventures is a venture capital group with a portfolio of 16 investments in start-ups and niche situations. The firm primarily focuses on the energy...
PostScriptum Ventures
PostScriptum Ventures is a venture capital group with a portfolio of 16 investments in start-ups and niche situations. The firm primarily focuses on the energy sector, with a particular emphasis on renewable energy. Its latest investment was in Qutwo as part of a Seed VC in February 2026.
General information
Firm type
Venture Capital
Year founded
2006
Location
Region
Europe
Country
Luxembourg
City
Luxembourg
Corporate office
Luxembourg, Luxembourg
Principals
Mark Crandall
Chairman & Founder
Dimitar Enchev
Managing Partner
Alex Hewitt
Partner
Fabrizio Cagnasso
Partner
Sector focus
Frequently asked questions
Who runs investment decisions at PostScriptum Ventures?
Founder Mark Crandall chairs the group, while Managing Partner Dimitar Enchev runs day-to-day investment operations. Partners Alex Hewitt and Fabrizio Cagnasso co-lead deal execution and project oversight. Enchev and Hewitt were instrumental in building CWP Renewables, the Australian developer with an asset management portfolio exceeding 750 MW and a development pipeline of more than 3.5 GW.
How does PostScriptum source proprietary deal flow?
Deal flow flows from the principals' deep operating roles in project-development platforms such as CWP Renewables in Australia and CWP Global in Southeast Europe. These entities originate, permit, and finance large-scale wind, solar, and battery projects, giving PostScriptum an inside track on early-stage technology and adjacent services businesses. The firm's energy-trading lineage also surfaces structured commodity-linked opportunities.
What is PostScriptum's known posture on co-investments alongside external GPs?
The firm regularly co-invests with institutional and strategic partners. It brought in Partners Group to commit $700 million into the Grassroots Renewable Energy Platform in Australia, while Commodity trader Mercuria joined a 2 GW renewables build-out in Southeast Europe. These anchor partnerships suggest a model of selective co-underwriting rather than widely syndicated club deals.
What is the relationship between PostScriptum Ventures and CWP Renewables?
PostScriptum's principals co-founded and serve on the board of CWP Renewables, one of Australia's leading renewable-energy developers. The management team, including Alex Hewitt as CEO of CWP, oversees a portfolio of 750 MW in operation and a 3.5 GW pipeline. Their involvement gives PostScriptum deep operational exposure to project-level economics and origination.
How does PostScriptum integrate sustainability into its investment strategy?
Sustainability is the firm's core mandate, not a screen. Investments target the renewable energy (r)evolution — large-scale generation, storage, distributed/off-grid systems, and energy efficiency — as well as ventures in mass-timber construction and software for financial inclusion. The firm describes its approach as seeking 'outstanding returns through investments in sustainability.'
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