A-SERIES FINANCING ROUND COMPLETED – instagrid
Summary
With the funding, instagrid will expand its team, scale up production and amplify its contribution to the mobile power revolution and energy transition. The company was founded in 2018 and we specialise in the development of portable battery equipment, offering a mobile power supply for people working in temporary locations. Compared with generators and combustion engines, the new device is light and compact, with 40% lower operating costs and no local emissions. HTGF’s focus is on high-tech start-ups in a range of sectors, including software, media, internet, hardware, automation, health care, chemicals and life sciences. Austrian Segnalita Ventures GmbH is an active early-stage investor concentrating on digital B2B business models with the aim of creating enduring entrepreneurial values.