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Dutch Startup Tibo Energy Pulls In €3M Funding To Tackle Energy Grid Congestion

PRIVATEJan 11, 2024

Amount Raised

€3 Million

Round Type

Seed

EindhovenSoftware

Description

Consequently, Dutch startup tibo energy has built energy management software to solve this issue. Now, the startup has snapped €3 million in seed funding led by SET Ventures (backed HYDROGRID and Sensorfact in the past) alongside participation from Speedinvest and the tibo energy founding team members.

Quick answer

Tibo Energy raised €3 Million in a Seed round, dated January 11, 2024. Tibo Energy is based in Eindhoven, North Brabant, Netherlands.

How much did Tibo Energy raise?
Tibo Energy raised €3 Million in a Seed round on January 11, 2024.
What does Tibo Energy do?
Tibo Energy is the developer of energy monitoring and smart grid controlling software designed to optimize the use of renewable energy and improve balance on the grid.
Where is Tibo Energy based and how big is it?
Tibo Energy is based in Eindhoven, North Brabant, Netherlands. Fundz records about 24 employees.
Who are the decision-makers at Tibo Energy?
Fundz holds 1 contact at Tibo Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software around the same time

Companies in the same sectors as Tibo Energy that raised within 45 days of this round, from Fundz verified event records.

  • BOLD raised $50M (Series C) on February 23, 2024.
  • CureMint, Inc. raised $831K (Seed) on February 23, 2024.
  • PeopleForce raised $2M (Seed) on February 23, 2024.
  • Sparqle raised $1.3M (Seed) on February 23, 2024.
  • Trace 3D raised $1.7M (Seed) on February 23, 2024.
  • PAXAFE raised $6M on February 23, 2024.

Who to call at Tibo Energy, and when

A new round usually means Tibo Energy is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Tibo Energy

Location

Eindhoven, North Brabant, Netherlands

About

Tibo Energy is the developer of energy monitoring and smart grid controlling software designed to optimize the use of renewable energy and improve balance on the grid. The company's software uses advanced algorithms to optimize assets for financial return, reducing the carbon dioxide footprint, or a balance for both worlds, enabling energy professionals to calculate and control microgrids and energy hubs, streamline operations, improve efficiency, and foster a cleaner planet.

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Related People

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ML-powered predictions for Tibo Energy's next move

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Tibo Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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