TTibo Energy provides an AI-powered Energy Management System that builds a digital twin of a client’s energy network to optimize usage and reduce costs. The system offers real-time monitoring, scenario analysis, and smart control of assets like heat pumps, charging stations, and battery storage. This approach combines digital twin technology with asset-level AI control to help businesses turn existing networks into smart grids and better integrate renewables. Its goal is to lower operating costs and advance sustainability by making energy networks more efficient and responsive.
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Industries
Company Size
11-50
Company Stage
Seed
Total Funding
$9.9M
Headquarters
Eindhoven, Netherlands
Founded
2022
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Total Funding
$9.9M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
Tibo Energy, a software company from Eindhoven, has raised €6 million to expand its AI platform aimed at managing energy assets to combat grid congestion. The investment will help double its team, expand into Germany and Belgium, and develop new modules focusing on charging infrastructure for vehicle fleets, e-boiler control, and advanced visualizations. CEO Remco Eikhout highlights the platform's ability to manage batteries, solar panels, and EV chargers in real-time without needing a heavier grid connection.
Tibo Energy founder Remco Eikhout has raised €9 million to address grid congestion using AI and machine learning. With businesses facing delays for energy connections due to an overcrowded power grid, Eikhout emphasizes that solutions are available and encourages action.
With the new funding, Tibo Energy aims to further expand in Germany and Belgium, double the team, and enrich the platform with new modules.
Eindhoven-based Tibo Energy, a developer of a next-generation Energy Management System (EMS) for industrial and commercial energy sites, has raised €6 million in Seed funding to help businesses unlock additional energy capacity from their existing infrastructure.
Eindhoven-based Tibo Energy, a developer of a next-generation Energy Management System (EMS) for industrial and commercial energy sites, has raised €6M in the Seed funding round.
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Industries
Company Size
11-50
Company Stage
Seed
Total Funding
$9.9M
Headquarters
Eindhoven, Netherlands
Founded
2022
Find jobs on Simplify and start your career today
We update Tibo Energy's jobs every few hours, so check again soon!Browse all jobs