Nnergix, a Barcelona, Spain-based provider of a data mining and energy forecasting service, raised €720k in a second round of funding.
The round was led by Victoria Venture with participation from KIC InnoEnergy and business angels operating in the renewable energy sector.
The company intends to use the funds to continue to develop the platform and increase its commercial efforts in Asia and in America.
Co-founded by Ramon Molera, CEO, Joan Miquel Anglès, Business Development Manager and Jordi Vidal de Llobatera, CTO, Nnergix provides a data mining and energy forecasting service designed by renewable energy industry professionals. The product offering include:
– PV Forecast, which provides hourly solar photovoltaic energy production forecast for power plants or large portfolios,
– EO Forecast, which provides hourly wind energy production forecast for power plants or large portfolios, and
– Weather Forecast, which provides hourly weather variables forecast.