Enernoc buys Entelios – did this cleantech exit happen too fast?
On 14 February 2014, Enernoc buys Entelios, Germany’s demand response pioneer. The Munich-based startup was founded in July 2010 by serial entrepreneurs Oliver Stahl, Tom Schulz and Stephan Lindner. With a holding period of 3 years since the first VC investment this is definitely a fast cleantech exit. But this exit may have happened too fast given that demand response is the killer app of the smart grid, a massive global market opportunity and a capital efficient option to accelerate the Energiewende (energy transition). In the end, smart demand wins over stupid supply even though it is hard to convince all market participants. And before we forget: congratulations to the Entelios team.
Read moreWhat cleantech startups and VCs in Europe and USA can learn from each other
Ecosummit TV: Europeans don’t think big enough. Michael Linse (KPCB), Pascal Mauberger (McPhy Energy), Oliver Stahl (Entelios) and Bart Markus (Wellington) discuss the differences between the cleantech startup and VC business in USA and Europe. There are many things we can learn from each other. On average, US cleantech startups get 4 times more capital than European ones. This has to do with the different environment in terms of market size, capital availability and competition.
Read moreTom Schulz presents how Entelios brings demand response to the market
Ecosummit TV: Tom Schulz, Co-Founder and COO of Entelios, pitches the German demand response management startup at ECO12 Berlin. According to the Smart Energy Demand Coalition, intelligent cooperation between consumption, transmission, distribution and generation acting as equal partners in the electricity market is at the heart of the smart grid. Entelios sits between the demand side and the supply side and balances both by aggregating and shifting electricity demand away from peak hours, or rather peak minutes.
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