Christoph Ostermann pitches Sonnenbatterie at ECO14 London
Ecosummit TV: Christoph Ostermann pitches Sonnenbatterie at ECO14 London. Since then a lot has happened to the famous solar storage startup from Bavaria. Just 2 days ago, Sonnenbatterie was chosen in New York as New Energy Pioneer 2015 by Bloomberg New Energy Finance. In December 2014, Sonnenbatterie raised €7.5M Series B from Munich Venture Partners, SET Ventures and Ecapital, bringing up the total capital raised to €10.5M. With 2014 revenues of €15M, Sonnenbatterie turns out to be very capital efficient. Moreover, a new management team was hired including COO Oliver Koch (Paramount Solar, acquired by Solarcity), CTO Hermann Schweizer and US Country Manager Boris von Bormann, a very smart and well connected German living on the West Coast for 25 years. In fact, Sonnenbatterie USA will officially launch at Intersolar San Francisco on 14-16 July 2015 and currently works on adapting their battery system to the local market and finding strong production and distribution partners. Christoph plans the Series C in 2016 and wants to bring in American co-investors while keeping the HQ in Germany for the foreseeable future.
Read moreJan Marckhoff pitches BEN Energy
Ecosummit TV: Jan Marckhoff pitches BEN Energy at ECO14 Berlin. The smart green startup enables customer intelligence and engagement for utilities and competes with Opower and Tendril. Being the market leader in Switzerland, BEN Energy recently entered the German market and already won a large customer and a powerful distribution partner. The founders successfully bootstrapped their spin-off from ETH Zurich to €1M annual revenues and are currently raising their first financing round. Jan will pitch again at ECO15 Berlin to change the way people experience energy.
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