Energyworx, a Hoston, TX- and Hoeten, The Netherlands-based provider of cloud-based Energy Data Management (EDM) solutions, raised €5.1M in funding.
The round was led by Eneco Ventures, the investment arm of Netherlands-based energy innovator, Eneco, with participation from current investors SET Ventures, ENGIE New Ventures and EDP Ventures.
The company intends to use the funds to scale the platform and accelerate international growth.
Led by CEO Marcel E. Smit, Energyworx provides a cloud-based Energy Data Management platform that allows utility companies to monetize their volumes of diverse data that come with the roll-out of the smart meter, IoT devices, EV chargers, solar panels and more. The platform includes a solid data foundation and several solutions, like Cloud Meter Data Management, Load Forecasting, Predictive Maintenance and Energy Deal Analytics.
FinSMES
09/07/2021