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- 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.
Read more- 4
- May
2014
Trued Holmquist pitches ATC Industrial Group from Sweden
Ecosummit TV: Trued Holmquist pitches ATC Industrial Group from Sweden at ECO13 London. ATC develops a self-learning home energy management system called Scypho. Targeting single family houses the system uses neural network technology to provide comfort on demand to the end users. Scypho controls the heating and cooling system of the building using a gateway, sensors and smartphones as user interface and enables energy cost savings of up to 30%. Up to now ATC has been active in Sweden and wants to raise €2.5M to grow faster and enter new international markets. In the future, Scypho will be extended to serve as a smart home platform that integrates more services such as lighting control or intelligent demand response. As the smart home marketplace is quite crowded already, it will be interesting to watch which startups outrun the competition.
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