Danish startup scores €2.4 million to scale smart energy solutions across Europe – BeBeez International
Summary
With this funding, the company plans to expand its automation capabilities, integrate adjacent utilities, and strengthen its role in balancing Europes strained energy grid.Hybird offers a one-of-kind hardware + software solution that enables business owners to take full control of their electricity data and machines. From here, Hybrids software analyzes electricity data to recommend cost savings, implement rules to automatically turn power on/off remotely during specific times, days, weeks etc. Hybird empowers companies to take action by providing full transparency at the source level and with its real-time capabilities, enables buildings to be semi-autonomous in managing their electricity, water or heating. We want to help make infrastructure more manageable by surfacing actionable data and we want to provide tools to simplify and improve daily operations for businesses says Morten Primdahl, CTO & Co-founder of Hybird.The round is co-led by BackingMinds, a Swedish early-stage venture capital firm, and Transition, a UK-based Climate VC, who are joined by existing investors 2degrees, a private investment company in Copenhagen and the family office for a co-founder of Urban Partners (21bn AUM) and EIKON Capital.There are massive energy savings waiting to be unlocked in commercial buildings. says Ari Helgason, General Partner at Transition.In addition, joining the round is also Notion Capitals Pioneer Fund, two family offices and fifteen strategic angels, most notable Ekaterina Gianelli (Ex-Inventure), Louise Krogh Rindom (Monta), Jeppe Rindom (Pleo), Sune Alstrup (ex-OculusVR), Anders Bo Pedersen (ex-Meta), Christian Legene (Autobutler), Tony Kula (MeetYoo), Lasse Stockholm (Ex-Zenfit), Oliver Rye (Likeminded), Mickey Switzer Schubert-Suell (Simply), brothers Thomas + Kristian Buus Madsen (Bookboon).