Tibo Energy, based in Eindhoven, has successfully secured €6 million in seed funding to improve its next-generation Energy Management System (EMS) for industrial and commercial sites. Led by KOMPAS VC and supported by partners such as Hitachi Ventures and WEPA Ventures, this investment will facilitate Tibo’s expansion into Germany and Belgium while doubling its workforce within a year. The EMS aims to tackle grid congestion challenges that hinder business growth, providing real-time management of local energy resources and offering software solutions that preclude the need for costly grid upgrades.
Eindhoven-based Tibo Energy has raised €6M in seed funding to enhance its Energy Management System, aiming to address grid congestion and empower industrial clients.
Sebastian Peck from KOMPAS VC emphasized that Tibo's tools are essential for managing energy use amid increasing grid congestion and the need for decentralization.
Collection
[
|
...
]