Smart green startups you should know

Your deal flow is on YouTube. We are presenting the best smart green startups on Ecosummit TV in energy, mobility and cities that pitched at Ecosummit in the past. Our unique list features 36 companies: Blixt, First Light Fusion, Sono Motors, Sonnen, Thermondo, Climeon, Tado, Lilium, BlaBlaCar, Cityscoot, Vulog, Forsee Power, Sigfox, Netatmo, Kiwigrid, Origami Energy, Exeger, Mobisol, Solarkiosk, Sunna Design, Moixa, Greenergetic, Lumenaza, Limejump, DEPsys, ENIT Systems, Envelio, Ubitricity, Clevershuttle, Sunfire, Sol Voltaics, Skeleton Technologies, Cosmo Tech, Agrilution, Airlabs and Ekwateur. These startups represent exciting business opportunities for buyers and sellers as well as investment opportunities for (C)VCs and family offices. All of them work hard to create big impact and many of them have the potential to become big startups or even smart green unicorns. Pitch at Ecosummit Berlin 15-16 May 2019 to tell your startup growth story and increase the quantity and quality of the term sheets in your next financing round.


Charlotta Holmquist pitches Blixt at Ecosummit Berlin 2018 and unveils their digital circuit breaker for the first time. This device will revolutionise the smart green energy market.

First Light Fusion

Chairman Bart Markus pitches First Light Fusion who very hard on the world’s most promising fusion technology that was developed at the University of Oxford. In his previous life, Bart was an early investor in Spotify with the Wellington Partners fund. Now he will be one of our first smart green LPs (Limited Partners = fund investors) in Ecosummit Ventures. Do you want to follow his example?

Sono Motors

Laurin Hahn pitches Sono Motors at Ecosummit Berlin 2018. Sono Motors has got already 4.000 pre-orders for their beautiful solar EV.


In its home market Germany, Sonnen is a licensed utility that challenges incumbent utilities by inventing new energy services and making electricity free for owners of PV and battery systems. Sonnen raised €76M Series D in 2016 and just announced its €60M Series E from Shell Ventures and existing investors. Investors include the Chinese wind turbine maker Envision Energy, the family office of Thomas Pütter, GE Ventures, Ecapital, SET Ventures, Munich Venture Partners and Inven Capital.


The heating market is an often-neglected but very important piece of the energy transition puzzle. Berlin-based Thermondo sells heating systems online and has an integrated workforce of installers driving branded vans around Germany to deliver and install more efficient heating systems at homeowners’ premises. We wrote about Thermondo’s Series B in 2015. Thermondo is growing super fast and, on 2 November 2017, announced a new €21M financing round adding Eneco and Vorwerk to their investor syndicate. Chapeau!


Thomas Öström pitches Climeon who converts low temperature waste heat into electricity at Ecosummit Stockholm 2017. Soon after their pitch Climeon was listed at Nasdaq First North in Stockholm and they have a lot of traction and demand from everywhere. Their market cap is around €175M at the moment.


Tado is one of the fastest-growing smart green startups in Germany. The Munich-based late stage startup provides climate control services to households by controlling heating and air conditioning systems. Tado was founded in 2011, pitched at Ecosummit Berlin 2012 for the first time and grew their team to over 150 employees. Christian Deilmann, Co-Founder and CPO, comments: “We currently have a lot of traction growing at 400% annually in 12 European markets, USA and Singapore. Although we are well-funded thanks to our last round in autumn 2015, Inven Capital presented a great opportunity to strengthen our position in Central and Southeastern Europe and further accelerate our growth and innovation leadership. Our goal is an IPO in a couple of years.”


On-demand urban air transportation is the next big thing according to Daniel Wiegand, CEO and Co-Founder of Lilium. The German aviation startup develops an electric VTOL (vertical take-off and landing) aircraft called Lilium jet since 2015. Lilium raised €10M Series A from Atomico and $90M Series B from Tencent, LGT, Obvious Ventures, Atomico and Freigeist. Lilium makes urban aviation electric, silent and available for everyone with the help of air taxis flying at 300 km/h with a range of 300 km..


BlaBlaCar is the first smart green unicorn made in Europe with a valuation of $1.6B. Empty seats in cars are the biggest long-distance transport network on the planet. The French startup enables resource efficient ride sharing to fill empty seats and operates in 22 countries. Both the drivers and passengers ride together on a private basis sharing the fuel costs. Thus they don’t need a license for passenger transport and don’t make any profit that will be taxed.


Cityscoot provides escooter sharing in Paris with 1.500 scooters and just raised €40M to accelerate its growth and enter more cities.


Vulog provides shared mobility technology and recently raised a €20M Series B from Frog Capital, Inven Capital, ETF Partners and Bpifrance.

Forsee Power

Forsee Power makes smart battery systems for urban mobility and is backed by Idinvest.


The French startup Sigfox operates a wireless IoT network and is an emerging unicorn. Sigfox raised €150M Series E in 2016 at a valuation of €600M. The investor syndicate includes Engie New Ventures, Idinvest and Bpifrance.


Netatmo makes beautiful smart home devices and is one the best startups in France co-founded by serial entrepreneur Fred Potter.


In February 2017, Kiwigrid raised a double-digit million Euro Series C from Aqton, Stefan Quandt’s family office that also invested in Heliatek’s Series D, Innogy and LG Electronics to build a global energy IoT platform. The Dresden-based smart green startup won the ECO16 Gold Award in the late stage category and has got over 105 employees. Kiwigrid currently looks for 2 more strategic investors.

Origami Energy

UK-based Origami Energy provides an energy management system to control distributed energy assets and create an edge of grid marketplace. On 5 April 2018, Origami Energy announced their Series B financing round of £18.6M from Aggreko (14% share) and existing investors Octopus Ventures, Cambridge Innovation Capital and Fred. Olsen. Interestingly, Aggreko acquired Younicos for $52M in July 2017.


Giovanni Fili pitches Exeger at Ecosummit Stockholm 2017. Exeger manufactures dye-sensitized solar cells for consumer electronics and other markets and is one of the hottest smart green startups in Sweden.


Bringing energy to everybody in Africa: Thomas Gottschalk pitches Mobisol at Ecosummit Berlin 2018.


Andreas Spiess pitches Solarkiosk at Ecosummit Berlin 2017. Solarkiosk is one of the best startups in Berlin and creates a lot of impact in Africa.

Sunna Design

Thomas Samuel pitches Sunna Design at Ecosummit Paris 2018. Sunna Design manufactures smart solar street lighting solutions and has got a lot of traction.


Managing the world’s batteries: Simon Daniel pitches Moixa at Ecosummit Berlin 2018. Moixa is backed by Tepco and one of the hottest smart green startups in the UK.


Florian Meyer-Delpho pitches Greenergetic at Ecosummit Berlin 2018 and gives on update on their progress. Greenergetic was founded in 2012 and provides a white label online portal to utilities to sell PV systems, batteries, heating systems and other products. Greenergetic is backed by Ecapital and Innogy and looks for new investors.


Christian Chudoba pitches Lumenaza at Ecosummit Berlin 2018. The Berlin-based software startup provides a powerful utility-in-a-box solution for new and existing utilities that want to enter the smart green energy market. Lumenaza is backed by EnBW New Ventures and IBB and will soon announce their new financing round.


UK-based Limejump pitched for the first time at Ecosummit London 2014. Since then, the startup has grown to annual revenues of £24M serving over 200 commercial and industrial customers that participate in their virtual power plant. As of today, Limejump claims to be the largest aggregator of distributed batteries in the UK and aims at creating a smart green utility of the future. In light of their substantial revenues, the Series A from SET Ventures and Statkraft Ventures comes at a rather late stage in the company development. At the same time, it proves that Limejump is a capital efficient startup with a lot of traction and a nicely managed burn rate. Investors love fast growing revenues and are often willing to increase the valuation to get into the deal.


Swiss startup DEPsys develops Grideye, a powerful and cost efficient product to optimise the local smart grid of utilities (DSOs). DEPsys is backed by Statkraft Ventures and VNT Management.

ENIT Systems

Hendrik Klosterkemper pitches ENIT Systems at Ecosummit Berlin 2018. ENIT Systems provides energy management for industry customers and has got a lot of traction.


Simon Koopmann pitches Envelio at Ecosummit Berlin 2018. Envelio is a spin-off from RWTH Aachen University and provides their intelligent grid platform to distribution system operators (DSOs) for the next phase of the energy transition. The smart green startup has got 17 employees and just raised €1M from Demeter and High-Tech Gründerfonds.


Berlin-based Ubitricity is a startup that perfectly represents the convergence of energy and mobility. Their core product is a mobile electricity meter integrated in a smart charging cable that enables charging and billing of electric vehicles and other devices in the future. Currently, they have a lot of traction in London installing their low-cost solution in streetlights around town. On 14 November 2017, Ubitricity announced a new investment from Next47 with support of the business unit Siemens Energy Management and their echarging team. While the terms of the transaction are undisclosed, this is a major milestone and proof of competence for the mobile electricity startup.


Berlin-based Clevershuttle is backed by Daimler and Deutsche Bahn Digital Ventures and operates electric shuttles with professional drivers.


Nils Aldag pitches Sunfire at Ecosummit Berlin 2017. The Dresden-based late stage startup makes very efficient solid oxide electrolysers and fuel cells using the same technology platform. Sunfire has got over 100 employees and is backed by Electranova Capital, Total Energy Ventures and KfW. Their impressive list of customers includes ThyssenKrupp and Vaillant. Upon request Nils will share more customers that prove Sunfire’s enormous market traction. Sunfire will soon announce their new financing round which is going to be impressive.


Erik Smith pitches Solvoltaics at Ecosummit Berlin 2016. Solvoltaics’ nanowires are put on PV cells and can take 17% efficiency up to 28%. Solvoltaics have LOIs with the CTOs of 3 of the big 5 PV makers. We believe this is one of the hottest PV startups in Europe and foresee an IPO within a couple of years.

Skeleton Technologies

Taavi Madiberk pitches Skeleton Technologies at ECO16 Berlin. Taavi’s pitch and his startup get better every year. Take a look for yourself and find out why Skeleton Technologies is the European leader in ultracapacitors and, in our opinion, one of the hottest investment opportunities for smart green investors in Europe. To all other startups: Watch this video to learn how to optimise your own pitch.

Cosmo Tech

Michel Morvan pitches Cosmo Tech at Ecosummit Berlin 2018. The French startup provides a software platform to generate augemented intelligence for smart green cities. The goal is to enable managers to take better decision in complex environments. Cosmo Tech is backed by Aster and currently fundraising.


Maximilian Lössl pitches Agrilution at Ecosummit Berlin 2016. The Munich-based early stage startup develops the plantCube, a kitchen appliance that grows leafy greens at home faster and with better taste. Users control their digital greenhouse with an app and order new seedmats online. Agrilution enters a blue ocean selling a new product on a new market with no or very few competitors. They won ECO15 Award Gold and currently raise their Series B. Existing investors include Tengelmann Ventures and Fluxunit (Osram Ventures).


Carl Meusinger pitches Airlabs at Ecosummit Paris 2018. The London-based startup develops the Airbubble, a great indoor air cleaning system that can be used in cars and other environments.


Ekwateur is a fast-growing smart green utility startup in France with 50.000 customers backed by Aster.

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