Knut Hechtfischer pitches Ubitricity at Ecosummit Berlin 2014
Ecosummit TV: Although he didn’t leave our sponsor dinner as the first guest the night before, Knut Hechtfischer delivered his best pitch at ECO14 Berlin so far. Ubitricity has got a great story that is acknowledged by an increasing number of VCs and industry experts. This year Ubitricity entered Cleantech Group’s 2014 Global Cleantech 100 – next to 7 more startups that pitched at Ecosummit in the past. Moreover, the Berlin-based smart green startup won EDF Germany as strategic investor and has got a product ready for market. Ubitricity wants to make smart charging affordable by enabling mobile metering in the virtual power grid. They bring together electric mobility and mobile electricity in a very simple, yet powerful way. The key idea is to put the intelligence into the charging cable. This allows for a cost reduction of 90% when installing smart sockets (thin charging stations) in street lights, garages and any other place you can imagine. In 2015, Ubitricity rolls out in Germany and we are curious to see how EV drivers, fleet operators, municipalities and utilities adopt this smart charging service.
Read moreKnut 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?
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