- 26
- April
2017
ONZO: Treating home energy like high finance
ONZO’s cloud-based analytics are powering into domestic energy markets. Emerging from the buzzing London tech scene in 2007, the company first focused on hardware, creating a clip-on power meter with wireless display. However, in 2012 the rapid roll out of smart meters led them to sell off the hardware business to Scottish utility SSE. Steven Daniels, one of the private equity investors, took the reins as CEO and the company re-started as a pure energy analytics company floating in the cloud.
Read more- 11
- October
2016
SET 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.
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