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.
Read moreEcosummit Zoom 7 July 2021
This is our last online event before the summer break and Ecosummit Berlin. Let’s connect fundraising startups and active investors at Ecosummit Zoom 7 July 2021, our 15th online event, co-hosted by Gerard Reid and Bart Markus. The agenda presents 12 amazing speakers briefing us on mobile batteries, ecargo bikes, energy flexibility, energy marketplaces, hydrogen production, low-cost fuel cells, energy innovation in Israel, thermal energy storage and smart green corporate venturing: Sebastian Berning (Instagrid, Series B), Hans Cool (Eneco Ventures), Tom Mason (Bramble Energy, Series B), Beres Seelbach (Ono, Series B), James Quinn (Faradion, Series B), James Johnston (Piclo), Richard Lohwasser (Lition Energy, Growth Round), Eran Levy (Enel Innovation Hub Tel Aviv), Doron Brenmiller (Brenmiller Energy), Robert Trezona (IP Group), Johann Boukhors (Engie New Ventures) and Andrés Galnares (H2Site, Series A). Please get in touch if you want to pitch at Ecosummit to accelerate your startup, fund or portfolio. Get your tickets and join us. Let’s co-invest, cooperate and build big startups with big impact.
Read moreMobile battery pioneer Instagrid raises €8.5M Series A led by SET Ventures
They take mobile electricity where it has never gone before. Their goal is smart green electrification without local CO2 emissions. Their solution is replacing stinky diesel gensets with silent mobile batteries. Today Instagrid makes a big step forward and celebrates the closing of its €8.5M Series A led by SET Ventures and joined by Segnalita Ventures, part of the Swarovski family office which also owns Tyrolit, Germany’s early stage power house HTGF and the Frankfurt-based family office blueworld.group. At the same time, this transaction boosts our Ecosummit track record of successfully matching startups and investors. In fact, Instagrid and SET Ventures met for the first time at Ecosummit Berlin 2019. While this sounds very romantic, the A round is a major milestone for every startup and the beginning of a long-lasting relationship with many board meetings and follow-ons until the M&A or IPO exit.
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