The energy technology 'startup' Linkener has closed a funding round of 7.5 million euros, led by Klima Energy Transition Fund, the energy transition fund of Alantra, which keeps GoHub Ventures within its shareholding.
With this capital injection, Linkener aims to boost its growth both organically and through the acquisition of products and companies that strengthen and expand its current business. At the same time, the company wants to accelerate the development of its technology and its own artificial intelligence models applied to energy management, as indicated in a statement.
The company's goal is to leverage artificial intelligence and advanced data analysis to automate the processing of energy information and invoices, detect possible anomalies, and identify optimization and savings options for its clients.
To this end, Linkener has created an Intelligent Energy Management System (SIGE) with its own telemeasurement that allows companies and organizations to monitor their consumption with their own data, digitize and verify their invoices, examine their supplies, and receive alerts, recommendations, and proposals for savings and optimization to reduce and control their energy costs.
Currently, the 'startup' serves more than 2,000 clients, manages 10,000 supply points, and annually administers 1.7 terawatt hours (TWh), a volume equivalent to the consumption of a city of 400,000 inhabitants.