Fundz

Lithuanian Electric Mobility Startup Inbalance Grid Raises €1.3M

PRIVATEMar 05, 2023

Amount Raised

€1.3 Million

Round Type

Seed

Vilnius CountyEnergyRenewable EnergySolarAutomotiveElectric Vehicle

Description

The Vilnius-based company Inbalance grid, which develops smart electric vehicle charging solutions and manages a charging network, has raised an investment of €1.3 million. The investment was co-led by the IISUTIB KŪB Business Angels Fund II, EIT, and the Civinity Group, Inbalance grid told AIN.Capital.

Quick answer

Inbalance grid raised €1.3 Million in a Seed round, dated March 5, 2023. Inbalance grid is based in Vilnius County, Lithuania.

How much did Inbalance grid raise?
Inbalance grid raised €1.3 Million in a Seed round on March 5, 2023.
What does Inbalance grid do?
Inbalance grid is developing intelligent electric vehicle charging solutions for businesses and grid operators.
Where is Inbalance grid based and how big is it?
Inbalance grid is based in Vilnius County, Lithuania.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

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

  • SunPower raised $450M (Debt Financing) on April 12, 2023.
  • Ryse Energy raised $15M on April 11, 2023.
  • 3E Nano raised $4M (Seed) on March 28, 2023.
  • Phytonics raised an undisclosed amount (Series A) on March 16, 2023.
  • Navisun raised $235M (Funding Round) on March 13, 2023.
  • NovoHydrogen raised an undisclosed amount (Seed) on February 7, 2023.

Who to call at Inbalance grid, and when

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Company Information

Company

Inbalance grid

Location

Vilnius County, Lithuania

About

Inbalance grid is developing intelligent electric vehicle charging solutions for businesses and grid operators. The company designs, customizes, produces, and implements solutions that utilize existing electrical capacities and manages them through cloud-based software and controllers integrated on their charging points.

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Inbalance grid 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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