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- February
2020
Smart tank inventor Mixergy raises £3.6M Series A led by Foresight Williams
The new era of smart hot water tanks is here. Tanks that optimise energy consumption and accelerate the integration of renewables into the grid, putting more money into consumers’ pockets and offering grid balancing services with the help of demand response. Mixergy is that future of smart hot water tanks, on course to take over the UK domestic market and beyond. They started this year on a positive note, having raised a £3.6M Series A on 13 January 2020 led by Foresight Williams and backed by all previous investors including Centrica Innovations and IP Group, both regular sponsors of Ecosummit.
Read more- 28
- January
2015
Alexander van Os pitches Yellow&Blue
Ecosummit TV: Smart green energy is the only way to go. The energy market is changing rapidly thanks to technological and business model innovation coming from all directions. This creates a lot of investment opportunities for smart green VCs such as Yellow&Blue. Funded with €40M by the Dutch utility Nuon (Vattenfall Group), the Utrecht-based VC looks for capital efficient startups that make the energy value chain cleaner and more flexible with a focus on smart grid and energy efficiency. Alexander van Os and his partners are famous for their successful exit of Entelios to Enernoc in February 2014. At ECO14 Berlin, Yellow&Blue showcased their portfolio company ROMO Wind that optimises the performance of wind turbines and is currently fundraising again.
Read more- 16
- February
2014
Enernoc buys Entelios – did this cleantech exit happen too fast?
On 14 February 2014, Enernoc buys Entelios, Germany’s demand response pioneer. The Munich-based startup was founded in July 2010 by serial entrepreneurs Oliver Stahl, Tom Schulz and Stephan Lindner. With a holding period of 3 years since the first VC investment this is definitely a fast cleantech exit. But this exit may have happened too fast given that demand response is the killer app of the smart grid, a massive global market opportunity and a capital efficient option to accelerate the Energiewende (energy transition). In the end, smart demand wins over stupid supply even though it is hard to convince all market participants. And before we forget: congratulations to the Entelios team.
Read more- 26
- March
2013
Bernard Scherrer discusses open innovation at EDF and introduces Electranova Capital
Ecosummit TV: Bernard Scherrer discusses open innovation at EDF, one of the biggest utilities in Europe. Part of the long-term innovation strategy is the new corporate venture capital fund called Electranova Capital that already made 2 startup investments in Actility (smart grid M2M applications) and Seatower (offshore wind foundations). To get the cooperation started, Bernard and his colleague Valerie are interested in doing pilot projects with the best cleantech startups in Europe that fit into their open innovation areas. Please get in touch if you are interested in doing business with EDF.
Read more- 10
- June
2012
Tom Schulz presents how Entelios brings demand response to the market
Ecosummit TV: Tom Schulz, Co-Founder and COO of Entelios, pitches the German demand response management startup at ECO12 Berlin. According to the Smart Energy Demand Coalition, intelligent cooperation between consumption, transmission, distribution and generation acting as equal partners in the electricity market is at the heart of the smart grid. Entelios sits between the demand side and the supply side and balances both by aggregating and shifting electricity demand away from peak hours, or rather peak minutes.
Read more- 16
- April
2011
Ecosummit TV – ECO11 – Thomas Schulz – Entelios
Thomas Schulz, Co-Founder and COO of Entelios, presents the concept of reducing peak power applying Demand Response in Smart Grids at ECO11. Serving utilities and commercial companies with demand response means reducing the amount of peak power needed by managing the energy behaviour of consumers and producers over the network. Founded in 2010, Entelios is the German copycat of Enernoc in the US that went public in 2007 and currently has a market cap of $424M.
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