Statkraft Ventures teams up with ETF Partners and leads $5M Series A in Greenbird from Norway
Ubiquitous smart meters are a key infrastructure component for the smart green utilities of the future because they generate a lot of valuable data and enable new energy services and dynamic pricing. In fact, it is a surprise that smart meter rollouts happen rather slowly in most countries due to slow regulators and hesitant utilities that are not yet ready to make substantial upfront investments in millions of smart meters that may bring more economic benefits to consumers than to the utilities themselves. Luckily, the Nordic countries and their resident startups have a headstart. Today, Düsseldorf-based corporate VC Statkraft Ventures leads the $5M Series A in Greenbird teaming up with London-based ETF Partners who were on the top of their potential co-investor list. The Norwegian energy IoT startup is Statkraft’s second investment this year after DEPsys from Switzerland in June.
Read moreSET Ventures announces investment in Energyworx at Ecosummit London 2016
Our smart green innovation community is making more deals and sharing breaking news at Ecosummit. During today’s ECO16 London presentation, Rene Savelsberg announces the new investment of SET Ventures in Energyworx, the Dutch software provider for energy data analytics and management for utilities. SET Ventures joins the existing investor HenQ to complete Energyworx’ Series A in which both VCs co-invested a couple of million Euros and made additional capital reserves for follow-on investments. Energyworx is the first investment since the Amsterdam-based smart energy VC reached the first closing of SET Fund II at €60M in February 2016. With the software skills of HenQ and the energy experience and network of SET Ventures Energyworx is now poised to accelerate its growth and win new utility customers in Europe and America.
Read moreEcosummit accelerates smart green London on 11 October 2016 at CodeNode
We believe that startups need corporates and corporates need startups. Startups need corporates as development partners, customers, distribution channels and investors to make better products and grow faster. At the same time, corporates need startups to sell new products to their customer base and survive the global competition. By connecting the companies that should be connected, Ecosummit accelerates startups, investors and corporates with a focus on smart green energy, mobility and cities. Our unique conferences are a physical marketplace enabling personal meetings and long-term relationships in a relaxed and productive atmosphere. Our next Ecosummit takes place on 11 October 2016 at CodeNode in the City of London. The agenda features 37 startup pitches and the conference will be recorded for our YouTube channel Ecosummit TV. Check out our participants, get your tickets and join us. Let’s warm up with a few innovation stories that will be elaborated at ECO16 London.
Read moreSkeleton Technologies, Solarkiosk and Grundgrün win ECO15 London Award
Ecosummit London 2015 was our third conference at the Crystal and it turned out to be our best conference so far in the smart green capital. 160 happy and relaxed participants came together on 6-7 October 2015 to enjoy 46 startup pitches from all over Europe and celebrate smart green innovation. Our panel about fostering the cooperation between impact investors and VCs to tap into new sources of capital for smart green startups received a lot of applause – as did the panels about early stage, late stage and corporate venturing. To further grow next year we are moving Ecosummit London 2016 to CodeNode in the heart of Tech City and concentrate the action on 11 October 2016. Moreover, we announced Ecosummit Berlin 2016 on 26-27 April 2016 at the Radialsystem and Ecosummit Amsterdam 2016 on 7 July 2016 at Rockstart. During our high-speed ECO15 London Award ceremony on 6 October 2015 we announced the 3 winners Skeleton Technologies, Solarkiosk and Grundgrün.
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