Hybrid Energy Raises €2.4M to Scale AI-Powered Intelligent Electrical Panels Across Europe

Company Name: Hybrid Energy
Location: Copenhagen, Denmark
Industry: AI-Powered Energy Management

Funding Details

• Amount: €2.4M
• Investors:
  • Co-Leads: BackingMinds, Transition, 2degrees, and EIKON Capital
  • Additional Participants: Notion Capital’s Pioneer Fund, KC/S, and 15 strategic angels, including:
    • Ekaterina Gianelli
    • Louise Krogh Rindom
    • Jeppe Rindom
    • Sune Alstrup
    • Anders Bo Pedersen
    • Christian Legene
    • Tony Kula
    • Lasse Stockholm
    • Oliver Rye
    • Mickey Switzer Schubert-Suell
    • Thomas Buus Madsen and Kristian Buus Madsen

Purpose of Investment

• Scale commercial efforts to meet the growing demand for better energy management across Europe.
• Enhance automation capabilities within the AI-powered energy cloud.
• Expand into adjacent water and heating controls, building a complete energy optimization platform.

Leadership and Founders

• Co-Founders: Søren Berg, Thomas Skovby, Morten Primdahl

Product

Hybrid Energy offers a hardware and software solution that empowers businesses with real-time, source-level control of their electricity usage through AI-driven insights and automation.

Key Features

• Intelligent Electrical Panels: Replace traditional panels with AI-enabled systems that provide granular, real-time electricity usage data at the source level of a building.
• Energy Cloud: AI-driven platform optimizing energy consumption, balancing energy grids, and reducing CO2 emissions.
• Efficiency Gains: Proven to cut energy consumption by 30% on average for real estate and industrial companies.

About the Company

Hybrid Energy is transforming energy management by delivering intelligent, AI-powered electrical panels combined with a comprehensive energy cloud. By enabling businesses to optimize their energy consumption at the source, Hybrid Energy not only improves efficiency but also supports sustainability goals by balancing energy grids and reducing emissions.

Current Impact

• Active at 15 sites across multiple industries in Denmark.
• Helping balance the energy grid and reduce CO2 emissions while driving significant energy savings for businesses.

Future Plans

With this funding, Hybrid Energy plans to scale its commercial operations across Europe, enhance its AI energy cloud's automation capabilities, and expand into water and heating controls to offer a comprehensive energy optimization platform.