7 June 2023

Ecosummit facilitates Eturnity Series A, ESFORIN Series B and Installion exit

Ecosummit is startup paradise as we bring together fundraising startups and active investors that want to create impact. Our goal is to enable as many new investments as possible in smart green startups that focus on saving our climate, decarbonising our economy and electrifying our planet. It makes us especially happy if startups meet their investors at Ecosummit for the first time as it happened between Eturnity and Klima or ESFORIN and SEB last year. Sometimes we also make introductions during the year. Connecting Installion and their Series A lead Eneco Ventures in 2021 turns out to have been truly impactful. In April 2023, Lichtblick, the German subsidiary of Eneco, acquired Installion. Next week, you all have the chance again to make more deals creating impact at Ecosummit Berlin 14-15 June 2023.

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16 January 2023

Aerones raises $30M Series A led by Lightrock and Haniel

We love this startup since we got to know it in April 2021. Applying the power of robotics to make the wind industry more efficient is a great idea. Our ecoportfolio company Aerones raises $30M Series A led by Lightrock and Haniel with participation of new investor Blume Equity. Aerones is based in Riga (Latvia), develops and manufactures a family of smart robots and provides their robot-enabled services for the maintenance of wind turbines with a team of 200 employees to more than 100 customers in 20 countries including Vestas, GE, Siemens Gamesa, NextEra and Enel. The goal is to minimise downtime when wind turbines are inspected, cleaned, coated or repaired. In fact, Aerones' services are 6 times faster, 40% more efficient and a lot safer for humans that don't need to climb up wind turbines because the robots do. This enables huge cost savings in the $30B wind turbine maintenance market that is forecasted to grow to $50B by 2028.

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