Kiwigrid Raises Funding

Funding Rounds

Summary

Kiwigrid GmbH, a Dresden, Germany-based company that develops and runs an open communication and control platform for intelligent energy management, raised a funding of undisclosed amount.Backers included Innogy Venture Capital, AQTON, and High-Tech Gruenderfonds.The company intends to use the funds for the commercial roll-out of its platform.Led by Dr. Carsten Bether, CEO and founder, Kiwigrid provides a communication and control platform for intelligent energy management, which enables the integration of distributed devices for generation, storage and consumption of energy into distribution grids.FinSMEs 01/07/2013

$ Funding

$
Amount - Total raised
Date July 1, 2013 Announcement date
Investors High-Tech Grunderfonds, Innogy Venture Capital Lead investors
Company http://www.kiwigrid.com Funded company

Classifications

industries
Energy & Natural Resources
applications
ERP Software

AskAI Classifications

Labels
Energy Software SaaS IoT Platform

Linked Companies

Kiwigrid
$1M to $5M