🔥 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐀𝐥𝐞𝐫𝐭: €𝟑,𝟓𝟎𝟎,𝟎𝟎𝟎 🔥 Hive Power 🇨🇭 from our 2022 class has closed its seed round, adding prestigious investors Axpo Group, Creadd Ventures, and the Technology Fund to their cap table. This team has made huge steps since joining our accelerator program! Their energy solutions for EV charging were already well-developed, even in the early stages, and their UI design was modern, clean, and professional. We knew right from the start that they have the drive and power to transform the energy transition and make EVs more accessible to everyone by monetizing their contributions to the grid - and that’s exactly what they are doing now! Huge congratulations to Gianluca, Davide and the whole team for hitting this milestone 👏 Read all about Hive Power's round here: https://lnkd.in/dpTj458W
This. Is. Huge. Hive Power announces today that it has closed its Seed+ round for €3.5M. 2025 will be the year of FLEXO. Are you ready? This comes at a key moment in the drive toward electrification of energy demand. We need more affordable EVs and a greener grid. However, renewables are outpacing the grid’s capacity to accommodate all the new energy. Hive Power’s algorithm as a service, FLEXO, aggregates electrified assets like EVs as a giant Virtual Power Plant, balancing the grid and delivering big paybacks to EV fleets and manufacturers. With a presence in Belgium, Austria, Switzerland, Italy, Spain, and Portugal, Hive Power is well-positioned to leverage this funding to bring its innovation to the DACH region, Nordics, and Benelux. We’re incredibly grateful for the support of Axpo Group, Creadd Ventures, and the Swiss Technology Fund in this funding round. Read our full press release here: https://lnkd.in/dpTj458W Lorenzo Leoni Georg Schumacher