node.energy GmbH, a Frankfurt am Main, Germany-based startup, secured under €775k financing.
Backers included High-Tech Gründerfonds and five business angels.
The company intends to use the funds to further develop the software and to finance the market launch in Germany.
Founded in 2016 by Matthias Karger and Lars Rinn, node.energy offers a software-as-a-service for the commercial optimization of local energy concepts – so-called microgrids. This allows industrial and commercial companies with on-site power generation to reduce both, their energy costs and CO2 presence.