Ener­gy tran­si­tion start­up node.energy receives 7 mil­lion euros in Series A financing

A total of four new investors join the com­pa­ny, and exist­ing investors such as High-Tech Grün­der­fonds (HTGF) and renowned busi­ness angels again con­tribute fresh capital.

The selec­tion of the four new Series‑A investors was quite delib­er­ate. For exam­ple, the fund­ing round is led by Cologne-based VC Bit­Stone Cap­i­tal, the lead­ing PropTech fund with strong exper­tise in the real estate indus­try. As co-investors, 10x Founders brings exten­sive expe­ri­ence in the soft­ware-as-a-ser­vice sec­tor and impact investor Bon­Ven­ture brings a clear sus­tain­abil­i­ty focus. As an inter­na­tion­al investor from the ener­gy sec­tor, Helen Ven­tures from Fin­land is also par­tic­i­pat­ing in the financ­ing round.

The soft­ware “opti.node” devel­oped by node.energy sim­pli­fies the man­age­ment of wind and solar plants. As the “dig­i­tal lubri­cant of the ener­gy turn­around”, opti.node takes over the ful­fill­ment of numer­ous bureau­crat­ic require­ments in par­tic­u­lar: With opti.node, plant oper­a­tors can eas­i­ly auto­mate the cre­ation of invoic­es, tax forms and noti­fi­ca­tions to the author­i­ties. The soft­ware is already being used to man­age around 10,000 wind ener­gy and solar plants. node.energy is thus the mar­ket leader in Germany.

For Matthias Karg­er, founder and man­ag­ing direc­tor of node.energy, how­ev­er, this is just the begin­ning: “The future ener­gy sup­ply will be based on mil­lions of renew­able ener­gy plants and every major build­ing will also be a pow­er plant at the same time. Many new providers such as real estate man­agers and cit­i­zen ener­gy coop­er­a­tives are dri­ving the change with new busi­ness mod­els. In doing so, they are reg­u­lar­ly con­front­ed with the com­pli­cat­ed rules and bureau­crat­ic require­ments of the ener­gy mar­ket. This results in enor­mous mar­ket poten­tial and fur­ther growth oppor­tu­ni­ties for us.”

“Ris­ing ener­gy and CO2 prices and the desire for secu­ri­ty of sup­ply are mak­ing renew­able ener­gy instal­la­tions for real estate more attrac­tive than ever.

node.energy makes it easy for pro­fes­sion­al own­ers to eval­u­ate this poten­tial and to oper­ate the plants suc­cess­ful­ly and legal­ly secure. I am pleased to sup­port the team in this social­ly impor­tant task,” explains Marc Stilke, Ven­ture Part­ner at Bit­Stone Cap­i­tal and future Chair­man of the Advi­so­ry Board at node.energy.

node.energy will there­fore invest the sev­en mil­lion euros received in Series A in the fur­ther devel­op­ment of the soft­ware. The goal is to build a com­pre­hen­sive soft­ware plat­form that enables pro­fes­sion­al sys­tem oper­a­tors from the com­mer­cial and real estate sec­tors to imple­ment new busi­ness mod­els such as solar pow­er direct deliv­er­ies (e.g. ten­ant pow­er or pow­er purchase

agreements/PPAs) and self-sup­ply effort­less­ly. To this end, the soft­ware is being enhanced with addi­tion­al func­tions and expand­ed into an end-to-end solu­tion platform.