Tech Company Financing Transactions
SpotmyEnergy Funding Round
On 12/11/2024, SpotmyEnergy received $11 million in Seed funding from Norrsken VC, Picus Capital and Vorwerk Ventures.
Transaction Overview
Company Name
Announced On
12/11/2024
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to strengthen its core team, expand its sales capacities, and to accelerate the development of its system for optimizing connected households, focusing on compatibility with devices from various manufacturers and on the implementation of intelligent trading algorithms for managing residential battery storage.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Hafenstraße 4a
Köln, 51063
Germany
Köln, 51063
Germany
Phone
Undisclosed
Website
Email Address
Overview
Our goal is to bring smart energy to millions of households in Germany by providing smart metering, automated home energy management systems (HEMS), and time-of-use (ToU) tariffs. This allows our customers to spot and optimize their energy flows. We believe in an open hardware and software system that welcomes a wide range of users, partners, and assets.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Jochen Schwill
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