Wirelane raises €18M Series B led by Abacon Capital
Ubiquitous electric mobility and EV charging play an important role to save our climate and planet and this is the decisive decade to limit global warming to 1.5°C. By 2030, Transport & Environment’s Road2Zero scenario forecasts a need for 2.9 million public EV chargers in the EU. Just-in-time, Wirelane raises €18M Series B (€12.1M fresh capital and €5.9M converted loans) to accelerate its growth and contribute to rolling out more EV charging stations. The B round is led by Abacon Capital, the investment arm of the Büll family office in Hamburg. Early investors in Wirelane include Vito Ventures, HTGF and Coparion. Founded in 2016, Wirelane employs 40 emobility experts in Munich and Berlin and targets €5M+ revenues in 2021. Among the B2B customers are BMW and Vattenfall.
Read moreRolf Adam of Cisco talks about new business models for public lighting by making it intelligent
Ecosummit TV: Smart green cities need intelligent lighting. At ECO13 London, Rolf Adam of Cisco talks about new business models for public lighting by making it intelligent. IP-based lighting infrastructure reduces OPEX by remotely managing and metering a large network of street lamps. When cities and utilities plan to upgrade public lighting to energy-efficient LEDs, they should also think about new business models that are enabled by the internet, sensors and smart algorithms. For example, the Dutch startup Tvilight implemented the brilliant idea of light-on-demand with the help of sensors that detect nearby users. If there aren’t any people or cars present, the street lights are dimmed and energy is saved. The street lights of the 21st century may be used for wireless internet access, location-based advertising, traffic control, street parking, measuring air quality and, last but not least, charging electric vehicles as promoted by Berlin-based Ubitricity. The more services you want to integrate, the more service providers you have to bring together to make money with smart lighting.
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