Knut Hechtfischer pitches Ubitricity
Ecosummit TV: Knut Hechtfischer pitches Ubitricity at ECO13 Berlin. The Berlin-based cleantech startup develops a cost-efficient charging solution for electric vehicles by putting the intelligence into the charging cable. This allows mobile metering wherever the user wants to buy electricity from. Recently, they became famous for integrating their solution in street lights. Up to now, Ubitricity raised €5.4M and is backed by Earlybird, IBB Beteiligungsgesellschaft and Heinz Dürr (largest shareholder of Dürr, former CEO of AEG and Deutsche Bahn). Founded in 2008, Ubitricity plans to launch Mobile Metering in 2014, just-in-time when new electric cars hit the market. Meet Knut at ECO13 London next week to get an update and learn about their high risk, high return investment opportunity. That’s what venture capital is all about, isn’t it?
Read moreSmart green dealflow: Ubitricity, Saperatec, Skeleton, Waste2Chemical, O-Flexx and Romo Wind
Financing cleantech startups is a tough game these days. You need a strong team, product market fit and, even better, customers and revenues. In this difficult market environment, it is a great pleasure to report that 6 smart green startups managed to raise new venture capital: Ubitricity (around €3.5M, Germany), Saperatec (€3.3M, Germany), Skeleton (€2.2M, Estonia), Waste2Chemical (undisclosed, Netherlands), O-Flexx (€2.4M, Germany) and Romo Wind (€4.8M, Switzerland). The active cleantech VCs include Earlybird, IBB, NRW Bank, HTGF, eCapital, Dutch Greentech Fund, Emerald, Yellow&Blue, ABB and b-to-v. Let’s take a closer look at the startups and their new investors.
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