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 moreMoritz Missling pitches Younicos from Berlin
Ecosummit TV: Moritz Missling pitches Younicos that was founded to make the vision of 100% renewable energy become reality. The Berlin-based late stage startup provides large-scale energy storage solutions for renewable offgrid islands and ongrid battery parks. The key technology is a very flexible energy management system that is able to integrate different battery technologies to take advantage of the specific characteristics of each battery technology. One of the famous projects of Younicos is the Graciosa Island whose 4.500 inhabitants shall be powered by 100% renewable energy by 2014. As Younicos would say: “Let the fossils rest in peace.”
Read moreMarie-Anne Brodschii presents the Veolia Innovation Accelerator
Ecosummit TV: Marie-Anne Brodschii, VP Innovation at Veolia, explains how Veolia drives cleantech innovation and how the cooperation with startups works in practice. The French corporate has got cleantech in its DNA and is pretty big: 230.000 employees generate €29.6B revenues and are active on 5 continents. Veolia’s business is focused on the management of water, waste, energy and energy efficiency. In fact, Veolia is very open towards smart green innovation coming from startups. To foster open innovation, Veolia launched the Veolia Innovation Accelerator (VIA) 2 years ago.
Read moreEcosummit 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.
Read more