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episode 125: EXCLUSIVE: Ampere.Cloud Raised 5M € Series A Funding
Executive Summary In this exclusive piece, the green startup ampere.cloud announced they raised 5 million Euros in venture capital for their Series A round to help achieve their goal of becoming the operating system for renewable energy. Their solution helps automate operations and monetize green assets for asset owners and managers. The funding round was led by Point 9 Capital and includes investors like Helloworld.vc, Vireo Electrification Fund, Silence Fund, business angels, and existing investors invested as well. https://linktr.ee/startupradio Frederik is CBDO & Co-Founder of Berlin-based green tech startup ampere.cloud, a software and hardware company that helps run renewable energy sources. He holds a bachelor's in microsystems technology and M Sc. from WHU. He was formerly a freelance web developer and worked on news station Welt N24 as a front-end developer. He co-founded ampere.could in 2019 (together with Erik Nitschke and Florian Strunck). The co-founders met at audibene, where two founders were employees and Frederik freelanced. They developed a new idea since a friend of the cofounder, Florian, built an operations and maintenance company for photovoltaic installations. They build a customized solution for this company, which later became?-?generalized in 2019 ampere.cloud. Ampere.cloud is a Berlin-based green tech startup primarily focused on software for renewable energy production (think PV installations of any size, wind parks, …). They also have a small hardware part for their software to work. The company originates from specialized software to manage photovoltaic installations, which was later broadened to include all kinds of renewable energy sources. The software product is called cloud.vision for running renewable energy producers, where they can optimize their portfolio and automate their processes. They offer an operating system for monitoring, operations, and maintenance of renewable energy. Their physical product is the Power Plant Controler, an IoT gateway to extract energy from and remote control production for flexibility and grid stability. The device also runs functions without an internet connection (edge computing). The startup closed its Series A funding, with Point 9 Capital as the lead investor. Existing investors participated, and new investors joined, including Helloworld.vc (esp. Rodrigo Martinez), Vireo Electrification Fund, and Silence Fund (esp. Borja Moreno de los Rios). In the new funding also, three new business angels joined in. They will use the funds to scale their sales and marketing, internationalization, and product R&D to maintain a competitive advantage and become the operating system for renewable energy. The startup is hiring. You can learn more about the open positions in our blog post. Here is our blog post: https://medium.com/startuprad-io/exclusive-ampere-cloud-raised-5m-series-a-funding-ca3c7876afc4
In this interview, we are talking about
#edgecomputing #cloud d #renewableenergy #energy #startup #seriesa #funding #greentechnology #greentech #greentechstartup #iot #pv #photovoltaics #windmills #startups #techstartups #startupradio #entrepreneurship #startupstory #startupstories #germany #berlin #saas
Mentioned in this episode:
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