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