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Picture credit: node.power
Frankfurt-based Node.power, an power administration options and providers platform, introduced on Wednesday that it has secured €7M in a Sequence A spherical of funding led by Cologne-based VC BitStone Capital.
New buyers 10x Founders, BonVenture, and Helen Ventures, current investor Excessive-Tech Gründerfonds (HTGF), and famend enterprise angels additionally participated within the spherical.
The corporate says the newest funds will assist it to additional develop its software program to allow skilled system operators from the business and actual property sectors to simply implement new enterprise fashions similar to direct solar energy deliveries and self-sufficiency.
Node.power: What you have to know
Based by Matthias Karger and Lars Rinn in 2016, node.power is engaged on a sustainable power future. The corporate supplies a SaaS answer, “opti.node”, for skilled operators of renewable power techniques.
Matthias Karger, founder and Managing Director of node.power, says, “The long run power provide can be primarily based on thousands and thousands of renewable power techniques, and each bigger constructing may also be an influence plant. New suppliers similar to actual property managers and residents’ power cooperatives are driving the change with new enterprise fashions. They’re frequently confronted with the power market’s sophisticated guidelines and bureaucratic necessities. This ends in monumental market potential and additional progress alternatives for us.”
The “opti.node” software program simplifies the administration of wind and photo voltaic techniques. For instance, the software program permits system operators to shortly and mechanically create invoices, tax kinds, and official studies.
At present, the software program is already used to handle round 10,000 wind power and photo voltaic techniques. Over 9,500 wind generators in over 2,500 wind and photo voltaic parks and greater than 400 business and industrial properties are already utilizing opti.node.
Karger provides, “Rising power and CO2 costs and the will for safety of provide make renewable power techniques for actual property extra enticing than ever. node.power makes it simple for skilled homeowners to judge this potential and to function the techniques efficiently and legally. I stay up for supporting the crew on this socially vital activity.”
Catch our interview with Paul Down, Head of Gross sales at Intigriti.
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