Details

Last Funding Type

Series B

Last Funding Money Raised

€6.50M

Industries

Clean Energy,Energy Management,Green Consumer Goods,GreenTech,Information Technology,Local,Peer to Peer,Renewable Energy,Software

Founded date

Jan 1, 2013

Number Of Employee

11 - 50

Operating Status

Active

The idea for the company came about during a visit to a family celebration in a small village in Franconia. Virtually everyone there generates green electricity. But strangely enough, you could not buy the electricity anywhere, and it was often dependent on non-transparent offers. They thought that an approach that has worked well for food for years should actually work even better for regional electricity.

That idea sparked the development of their software, which uses sophisticated algorithms to ensure a secure and balanced supply of green electricity in regional communities. The software has been operational and available on the market since the beginning of 2014. They have already implemented many projects with municipal utilities, project developers, energy cooperatives and new energy players - initially with the approach of introducing regional electricity products.

And in 2016, they developed their software into a “utility in a box” solution and can now offer all the services of an energy service provider in a modular and highly automated way.