Greentech startup Tibber raises over €90 million to make energy consumption smarter

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Summary

Since launching in 2016, Tibber has been on a mission to help consumers lower their energy bills and make electricity consumption smarter. We spoke to them recently to find out about different ways we can confront the energy crisis, and how the Tibber app is shaking things up in the industry. With this funding, we are set to launch new products in order to further reduce consumption and make homes more independent from the national grid.” In 2021, Tibber enjoyed strong growth in customer subscriptions, going from 120k to over 400k during the year. Tim He, Partner at Summa commented: “The transition towards renewable and sustainable energy sources is one of the most significant challenges in the coming decades. For example, to provide sustainable energy for all, to enable responsible consumption and production, and to combat climate change and its effects.”

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