New Ideas Fund made its first investment!

New Ideas Fund made its first investment!



The New Ideas Fund made its first investment, the Portuguese start-up, Eneida.io, was the chosen one! New Ideas now joins the venture capital firm Portugal Ventures, the European organization InnoEnergy and the company founders as a shareholder of Eneida.io.

Eneida.io is a Portuguese technology company, born in 2012 in Coimbra, that developed an Energy IoT Platform, DeepGrid® (made of specific smart sensor networks, software and data science algorithms) for the optimization of the Low-Voltage Network.

On the latest funding round, promoted by Eneida.io, the private equity fund New Ideas and InnoEnergy didn´t miss the opportunity to invest in this promising technology SME, which already has a successful path. In 2017 Eneida.io lead the ranking of the Portuguese Emerging Start-ups in Clean Tech & Industry category, while coming 7th in the global ranking which comprises 40 Portuguese start-ups.

Amongst its clients are some of the largest European energy companies, allowing them to offer their customers a faster integration in their network of Distributed Energy Resources such as Solar PV and Electric Vehicles, and a high quality, secure, and affordable energy supply.




Source: Eneida.io

 

Related Link: Are you still curious about Eneida.io? Visit the website here