SpinLab Alumni Energiekoppler closes Series A funding round

Written by Linh Pham | Jan 10, 2024 9:57:18 AM

Energiekoppler, an innovative software company specializing in energy management solutions and born from the collaboration of two prestigious institutes - the Institute for Electrical Power Supply and High Voltage Technology, and the Institute for Building Energy Technology at Dresden University of Technology - has successfully concluded its Series A financing round. The cleantech company ElectroFleet has entered as an additional strategic investor, joining existing investors LEAG and TGFS - Technologiegründerfonds Sachsen. This financing round ensures the continued development of Energiekoppler's products and the expansion of its sales activities.

Succesful venture clienting

The team commenced its journey in 2018 with the BMWi's EXIST research transfer funding and later secured a spot as one of nine startups in the prestigious SpinLab Accelerator program in autumn 2019. By November 2021, Energiekoppler achieved a milestone by closing its initial financing round backed by LEAG and Technologiegründerfonds Sachsen (TGFS). Notably, LEAG's partnership, fostered during the Spinlab accelerator program, resulted in them becoming Energiekoppler's first customer. Read here more about the collaboration between the energy startup and LEAG.