Instagrid raises €29M Series B led by Energy Impact Partners

The Instagrid success story continues and reaches the next level. In February 2020, we wrote a groovy story on the €8.5M Series A and how Sebastian Berning and Andreas Sedlmayr launched their mobile battery startup and met their lead investor SET Ventures at Ecosummit Berlin 2019, our 10-year anniversary. Today, we’re happy to break the news that Energy Impact Partners (EIP) leads Instagrid’s massive €29M Series B as the only new investor. With $2B AUM EIP itself is pretty massive, too. Hans Kobler and Matthias Dill invest in Instagrid both from their US and EU funds as they plan to share returns and the mobile battery business opportunity with their global LPs. The Ludwigsburg-based startup provides portable green power to professionals and mobile lifestyle optimisers in all kinds of offgrid situations, including construction sites, ubiquitous events, smart forests or sustainable picknicks in the park enhanced by electric BBQs and powerful sound systems.