Innogy Venture Capital is joined backing the biomass company by Yellow&Blue Clean Energy Investment Management.

Topell Energy, a Netherlands-based biomass company backed by Innogy Venture Capital, the corporate venturing unit of Germany-based energy company RWE Innogy, has raised €13m ($16.3m),and has strengthened its intellectual property, in a deal first announced at Global Corporate Venturing’s annual symposium in London

Innogy Venture Capital was joined in the round by Yellow&Blue Clean Energy Investment Management, the corporate venturing unit of Nuon, part of Germany-based energy company Vattenfall, as well as Innovatie- en Investeringsfonds Gelderland, a provincial investment…