- 2
- December
2020
GreenCom Networks raises €12M Series C led by Shell Ventures
Breaking news at Ecosummit Zoom today: Founder CEO Christian Feißt unveils the €12M Series C of GreenCom Networks led by Shell Ventures and supported by new co-investor Energy & Environment Investment (EEI), Japan’s leading smart green VC making its first investment in Europe. With the help of EEI, GreenCom is already working on entering the Japanese market and talking to potential customers. Existing investors Centrica, Future Energy Ventures, Munich Venture Partners and SET Ventures, who all happen to be Ecosummit 2020 sponsors, participate in the new financing round of their portfolio star. The Munich-based company was founded in 2011, employs 65 energy, software and innovation experts, has a very strong management team and enjoys increasing commercial traction. In fact, GreenCom launched its Series C at our first Ecosummit Zoom 6 May 2020 and announced the closing 7 months later at our 8th Ecosummit Zoom 2 December 2020. Celebrating this funding milestone and our productive friendship, Christian just renewed their Ecosummit 2021 sponsorship. That’s the way we like it.
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- February
2017
Kiwigrid raises Series C to build global energy IoT platform
Kiwigrid raises 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. High-Tech Gründerfonds, Germany’s largest seed investor with 80% public money, and Innogy Venture Capital, the old corporate VC fund of Innogy that is in its divestment period, sold their shares completely and celebrate a financial exit with positive returns.
Read more- 8
- November
2016
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.
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