- 24
- August
2021
Installion raises €4M Series A led by Eneco Ventures
The energy transition is a hands-on job because somebody has to install all the hardware needed for making, storing and charging solar energy at the customers’ premises. It turns out that finding a good installer can be anything from very tough to simply impossible. In other words, installation is the bottleneck if we want to reach 100% renewables. For the founders among us it’s an obvious startup opportunity. Installion is the installation service provider for the energy transition helping utilities and other solar companies with qualified manpower onsite and on time. On 25 February 2021, we introduced Installion to Eneco and other smart green VCs to find the best lead investor, the main piece in the Series A puzzle. After watching Florian’s online pitch at Ecosummit Zoom 10 March 2021, Eneco was hooked and due diligence started. The deal closed end of July and today we’re breaking the news that Eneco Ventures invests a ticket of €3.2M leading Installion’s €4M Series A. At the same time, Ecosummit gets 1 assist on the startup VC matchmaking scoreboard which proves our value and track record.
Read more- 15
- February
2020
Epilot raises Series A from Enercity after meeting at Ecosummit
At Ecosummit deals get done. We saw the need for bringing new climate tech to the global market a long time ago. Thus we already have 10 years track record of matching smart green startups with investors. Here’s one more success story about a fast growing energy e-commerce startup and a transforming city utility that met for the first time at Ecosummit Berlin 2019 to explore common ground with the help of coffee. Good deals take time. 9 months later, on 11 February 2020, Epilot announced at E-world the closing of its Series A in which Enercity invests a significant but undisclosed amount of growth capital to buy a 25,1% stake in Epilot’s cap table. After finishing our startup tour running around Germany’s leading energy trade fair, we joined Epilot’s lively stand party to celebrate the deal closing, interview the co-founders and enjoy a few Kölsch together.
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