Eliq Raises €10M in Financing

Eliq

Eliq, a Göteborg, Sweden-based software company providing a home energy platform, raised €10M in funding.

Backers included existing investor Inven Capital and new investors Axpo and Valkea (Fortum’s investment arm for early-stage companies).

The company intends to use the funds to expand its sales and marketing efforts while accelerating product development efforts.

Led by CEO Håkan Ludvigson, Eliq provides an energy intelligence platform that focuses on home energy efficiency, expediting the transition towards more sustainable home energy use by making sense of energy data. The platform allows utilities, banks, and smart home providers to offer their customers solutions to interpret energy data, provide guidance on energy-efficient usage, and facilitate upgrades and green financing.

Eliq is currently active in 15 European countries with 30+ live customers.

This recent funding brings total funding since its inception to €19m.

FinSMEs

21/11/2023