Antwerp-based venture capital firm Junction Growth Investors has successfully closed its first fund at €115 million, surpassing its initial €100 million target despite challenging market conditions. The fund, established in 2022, focuses on...
Intellihub, a company specializing in smart metering across Australia and New Zealand, has announced its proposal to acquire Powermetric Metering, a smart metering provider currently owned by Shell Energy Operations. The Australian Competition and...
London-based deeptech startup IONATE, specializing in hardware-software solutions for smart electricity grids, has raised $17 million in a Series A funding round led by AlbionVC. The round also included participation from new strategic investors...
Mariehamn Energi has partnered with TH1NG to implement its IoT platform, IoT Open, as part of its digital development strategy. The three-year agreement, valued at approximately €26,500 (SEK 300,000), marks TH1NG’s first On-Prem (local...
Italgas has selected five startups to collaborate on its ‘Ideas 4 Italgas’ innovation programme, aimed at advancing digital transformation and sustainability across its operations. Chosen from over 60 applicants, these startups will develop...
ConnectM Technology Solutions has acquired MHz Invensys, a developer of wireless communication products, in an all-stock transaction. The deal includes MHz Invensys’ intellectual property assets, and its founders will join ConnectM as part of the...
Encycle Technologies, an expert in HVAC optimization, has announced a strategic collaboration with Itron. The partnership aims to enhance grid reliability and reduce energy consumption during peak demand periods by integrating advanced analytics and...
Zurich-based ABB Group, known for its expertise in electrification and automation, has announced its acquisition of Sensorfact, a Utrecht-based energy management company. The deal, expected to close in the first quarter of 2025, aims to enhance...
Caruna, Finland’s largest electricity distribution system operator (DSO), has embarked on a €100 million-plus modernization project in partnership with Aidon Oy, part of the Gridspertise group. This agreement involves the delivery and deployment...
TTTech and VERBUND have partnered to create TTTech ZYNE, a joint venture that combines VERBUND’s expertise in renewable energy and energy market integration with TTTech’s experience in industrial automation and safety-critical systems....
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