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OPTIMITIVE International
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Provider of AI-based energy efficiency software & services for process industries

Founded in 2008
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector buildings

TRL Range 9
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 Luxembourg Luxembourg, Luxembourg
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Updated by Javier A. García at OPTIMITIVE International on 09/01/2024

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Date Company
10/20/2015

Aurubis Aurubis

AURUBIS AG is the largest copper producer in Europe (the second largest in the world) and the largest copper recycler worldwide. Its headquarters are in Hamburg, Germany. This company produces more than one million tons of copper cathodes annually and from them a variety of copper products.

Confirmed by Aurubis

Partnerships
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Date Partner Type
03/31/2016
Enzen Global Enzen Global
ENZEN wil extend OPTIMITIVE's outreach across four continents. Through the inclusion of OPTIMITIVE solutions into its portfolio, ENZEN will also be able to further strengthen its Energy Efficiency offerings to existing and new markets.
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Confirmed by Enzen Global
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IPO INFORMATION

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Description

Date Investors Type Amount
06/16/2016 ENZEN LIMITED ENZEN LIMITED (1)
Post-money valuation of
Enzen Global, a leading Energy, Water and Environmental Solutions company has completed an equity investment into OPTIMITIVE. OPTIMITIVE aims to be pioneer in the market of smart real time energy efficiency technologies for the Industry 4.0. The capital raised and the alliance with ENZEN represents for OPTIMITIVE a great step for this purpose, since ENZEN's activity extends across four continents.
Growth Equity $2,300,000
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Products
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OPTIBAT

OPTIBAT is an Artificial Intelligence software that optimizes energy and efficiency of industrial processes in open and closed-loop, and saves substantial amounts of energy and resources. Enabled for Edge, on-premise or Cloud computing. OPTIBAT incorporates a disruptive patented technology that enables extremely powerful Real-Time Optimization with fast, no-code setup.

Wide Commercial Availability Subscription
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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