Antwerp-based Beebop.ai raises €4.9 million to integrate residential devices into the power systems
Summary
Beebop is already used by leading utilities and manufacturers across Europe, the UK and the Middle East, and expects to control more than 100K residential assets under management in the coming year.Beebops orchestration middleware efficiently enables utilities, grid operators, manufacturers and Virtual Power Plant (VPP) technology leaders to control complex fleets of residential assets. Beebop is led by Jan-Willem Rombouts, who previously founded and scaled Virtual Power Plant pioneer REstore NV (acquired by Centrica in 2017). The founding team is completed by former REstore NV executive Prof. Bert Claessens.David Peterson, Partner at Angular Ventures, commented: Energy markets are changing. Were incredibly excited to lead Beebops seed round and support Jan-Willem and team on their mission to build the critical infrastructure layer that will power the grid of the future.Tomas Kemtys, Partner at Contrarian Ventures, added: As a fund, weve wanted to invest in this space for a really long time however, its taken us a long time to find a team we have the conviction to back, capable of building up the infrastructure technology to get the best out of our ever developing energy networks. With impeccable market timing, we believe Beebops solution is uniquely positioned to finally empower end-consumers as critical contributors to grid resiliency.