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Developer of an automated system to monetise the flexibility of industrial and generation energy assets for their clients on the intraday markets through algorithmic trading

Founded in 2015
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy services

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Germany Essen, Germany
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Updated by Cleantech Group on 12/21/2023

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IPO INFORMATION

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Date Investors Type Amount
05/24/2023 SEB Greentech SEB Greentech , SET Ventures SET Ventures , Christoph Ostermann Christoph Ostermann , ERAME ERAME (4)
Post-money valuation of
Funding will support trading infrastructure to optimize flexibility for lreading industial and energy intensive customers
Series B $8,027,625
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