The Climate-KIC start-up company Lumenaza announces a successful financing round of 2.5 million euros. E.ON joins as a new investor. The existing investors EnBW New Ventures and VC Fonds Technologie Berlin (IBB Beteiligungsgesellschaft mbH) will also take part in this round.

The funds will be used to accelerate Lumenaza’s growth. The aim is to strengthen Lumenaza’s technological leadership in innovative energy services and to continue its internationalization.

Lumenaza was part of the Climate-KIC Accelerator from October 2014 to March 2016. Today, Lumenaza’s modular software platform operates as a utility-in-a-box. Lumenaza’s scalable and flexible software connects renewable energy producers – from small rooftop solar panels to large wind farms – with energy consumers and enables accurate billing. This makes it possible to offer customers advanced solutions such as community and regional electricity products as well as innovative supra-regional tariff concepts with time-based tariffs, flat rates and peer-to-peer energy solutions.

Lumenaza’s customers include four of Germany’s largest utilities, the world’s leading manufacturer of energy storage devices and several regional utilities.

Author: Editors

Read more about Lumenaza at www.lumenaza.de

 
Success Stories you may be interested in
Success Stories
Interview: WEEE-DO

Every year many students and young professionals participate in...

Interview: WEEE-DO
Success Stories
Climate-KIC Start-Up REFURBED pitches its concept ...

If technology is like new, only better, then this...

Climate-KIC Start-Up REFURBED pitches its concept at the successful TV show „2 Minuten 2 Millionen”
Success Stories
EIT Climate-KIC Startup Climeworks receives over 2...

EIT Climate-KIC Startup Climeworks, the global pioneer in CO2...

EIT Climate-KIC Startup Climeworks receives over 26 million euros in new capital
Success Stories
Boost for electric mobility: TWAICE succeeds in 1....

The Climate-KIC start-up TWAICE has completed its first major...

Boost for electric mobility: TWAICE succeeds in 1.2 million euro financing round
Success Stories
Green City Solutions

Green City Solutions is a start-up supported by EIT...

Green City Solutions
Success Stories
WINnERS

Winners is a form of crop loss micro-insurance helping...

WINnERS