ESB invests €3.3 million in Endeco Technologies

Funding Rounds

Summary

Clean tech solutions are the future for a low carbon economy and this investment demonstrates both companies’ commitment to achieving greater sustainability through innovative services. Expert speakers at the event include: For more information about the event please contact smartenergy@esb.ie This transaction was also supported by Endeco’s existing investors including Dublin BIC / AIB Seed Capital Fund, ACT Venture Capital, other private investors and Enterprise Ireland who invested a further €1million alongside the ESB. For more information, please visit www.greencoat-capital.com Endeco technologies unlocks powerful, long-term, recurring revenue streams from Grid operators for intensive energy users. Its award winning smart grid optimisation platform delivers on the UK and Ireland’s long-term vision for a smarter and more flexible energy infrastructure. The Company’s innate understanding of the complex characteristics of a wide range of sectors means it is able to unlock maximum return from its customer’s assets.

$ Funding

$
Amount $3.8M Total raised
Date April 5, 2016 Announcement date
Investors Greencoat Capital LLP, Tribal.vc Lead investors
Company http://www.endeco-technologies.com Funded company

Classifications

industries
Energy & Natural Resources
applications
Human Resources

AskAI Classifications

Labels
Energy Software AI-powered Energy Management Distributed Energy Resource Management

Linked Companies

GridBeyond
$10M to $25M