According to GSM 2021, the proportion of Greentech startups grew up to 30% of all startups in Germany. These startups play a significant role in contributing globally and as the very substation needed for a sustainable transformation.
Greentech startups make notable contributions to eco-friendly and social sustainability exceeding their potential for commercial benefit. In the process, they continue to witness the apparent challenges, especially concerning the problematic access to capital. Upon this framework, GSM 2021 formulates political suggestions for such operations.
The numbers are as,
- In Germany, 30% of all companies are green startups.
- 76% of all startups see their ecological and social magnetism as a critical corporate approach in Germany.
- 50% of all startups in Germany have combined their social/ecological impact into their vital performance pointers.
- 47% of the green startups require the generation of a funding line ‘Sustainability’ with target group-specific financing that allows for green and sustainable startups.
Top 10 Greentech startups in Germany
10. Ecoligo
Founder: Markus Schwaninger, Martin Baart
Founding Year: 2016
Headquarters: Berlin, Germany
Funding Received: $4 Million
Number of Funding Rounds: 3
Investors: Undisclosed
Ecoligo is a solar service that renders low-cost solar energy to local businesses in developing markets. By financing the solar systems through a crowd-investing program, they close the investment gap that prevents these schemes from being realised.
9. Next Kraftwerke
Founder: Hendrik Sämisch, Jochen Schwill
Founding Year: 2009
Headquarters: Cologne, Nordrhein-Westfalen, Germany
Funding Received: undisclosed
Number of Funding Rounds: 1
Investors: Eneco group, High-Tech Grunderfonds and Neuhaus Partners
Kraftwerke is an administrator of a large-scale virtual power plant and a certified energy trader on several European energy exchanges, including EPEX and EEX. The startup also generates a sizable digital program for adjustable power producers and consumers.
8. Smart Hydro Power
Founder: Ines Kolmsee, Karl Kolmsee
Founding Year: 2010
Headquarters: Feldafing, Bayern, Germany
Funding Received: $3 Million
Number of Funding Rounds: 2
Investors: EASME – EU Executive Agency for SMEs, High-Tech Grunderfonds and eCAPITAL ENTREPRENEURIAL PARTNERS
Smart Hydro Power is a Germany-based startup that manufactures, sells and trades kinetic micro-hydropower plants. Started in 2010, Smart Hydro Power initiated as a system of kinetic turbine developers. The practice on installations and meeting the needs and difficulties of off-the-grid places brought them to their recent position of offering commodities that serve the principle of being simplistic and competitive.
They run various decentralised electrification schemes, offering multiple renewable energy solutions backed by an intelligent electrical management scheme.
7. Solytic
Founder: Johannes Burgard, Johannes Dahl, Konrad Perenyi, Steffen Mangold
Founding Year: 2017
Headquarters: Berlin, Germany
Funding Received: Series A, $7.6 Million
Number of Funding Rounds: 2
Investors: THELO Investors, EWE AG and Vattenfall AB
Solytic is a preeminent global data-driven startup focused on solar energy. It constitutes a data-driven marketplace to optimise the all-around performance of PV plants.
6. ecoworks
Founder: Emanuel Heisenberg, Kristofer Fichtner
Founding Year: 2018
Headquarters: Berlin, Germany
Funding Received: Seed round, $8 Million
Number of Funding Rounds: 3
Investors: Christian Vollmann, Torben Schreiter, Alexander Ljung and 6 other investors
ecoworks practices mechanical prefabrication, digital processes, and energy systems to improve multi-family homes with up to four floors within a minimal period. The structure is converted into “a small, decentralised power plant” by installing photovoltaic arrangements, heat pumps, and thermal reservoirs during the renovation procedure.
5. GreemCom
Founder: Christian Feisst, Frank Robert, Mathieu Pinson, Olivier Brie, Sébastien Alegret
Founding Year: 2011
Headquarters: Munich, Bayern, Germany
Funding Received: Series unknown, $14.5 Million
Number of Funding Rounds: 5
Investors: Energy & Environment Investment, Shell Ventures, Cosmos Group, Future Energy Ventures, Centrica, Munich Venture Partners and SET Ventures
GreenCom Networks is an energy IoT startup. It works in Munich, Germany, and Sophia-Antipolis and France. GreenCom has been advancing energy usage since 2011. Exercising its Energy Information Brokerage Platform, GreenCom integrates issued assets like Solar PV, electric vehicles, battery storage and heat pumps. Based on its agenda, GreenCom promotes white-label end client assistance like the energy at flat rates, optimisation, and visualisation of energy streams in homes for the benefit of energy-relevant devices.
4. ZOLAR
Founder: Alex Melzer, Gregor Loukidis
Founding Year: 2016
Headquarters: Berlin, Germany
Funding Received: Series B, $46 Million
Number of Funding Rounds: 4
Investors: Energy Impact Partners, Statkraft Ventures, TS Ventures GmbH and 5 other investors
ZOLAR is an online provider of solar systems that facilitates entry into the private energy supply for private households. The autonomy of energy for the home. An eventuality in which each family can produce, store and consume all the required energy itself. A future in which solar energy executes the elimination of unnecessary costs as much as possible.
3. Wind Mobility
Founder: Eric Wang
Founding Year: 2017
Headquarters: Barcelona, Catalonia, Spain
Funding Received: Series A, $72 Million
Number of Funding Rounds: 2
Investors: Source Code Capital and HV Capital
Wind Mobility is a micro-mobility startup that gives convenient, secure and pleasant last-mile transportation services. The startup assigns a high value to the availability, quality, and safety of bikes and scooters and the usability of its app. Its eco-friendly and healthy output intends to make cities better stations by diminishing traffic, carbon dioxide emission, and noise.
2. tado°
Founder: Christian Deilmann, Johannes Schwarz, Leopold von Bismarck, Valentin Sawadski
Founding Year:
Headquarters: Munich, Bayern, Germany
Funding Received: $157.5 Million
Number of Funding Rounds: 9
Investors: Noventic, LBBW VC, Inven Capital, Amazon Alexa Fund, Energy Innovation Capital and 10 other investors
Tado° is The Heating App for private homes and small enterprises. It adapts to the residents’ response in real-time and takes current weather forecasts and formulating aspects. tado° GmbH is a Munich-based Tech Startup taking the Internet of Things into the Cleantech Businesses.
1 Sonnen
Founder: Christoph Ostermann and Torsten Stiefenhofer
Founding Year: 2010
Headquarters: Wildpoldsried, Bayern, Germany
Funding Received: Series E, $169.2 Million
Number of Funding Rounds: 6
Investors: eCAPITAL ENTREPRENEURIAL PARTNERS, Inven Capital, Shell Ventures, Munich Venture Partners, SET Ventures, eCAPITAL ENTREPRENEURIAL PARTNERS, Envision Energy, Thomas Putter, Inven Capital and Munich Venture Partners
Sonnen offers much more than simply storage and includes various additional advantages like effective energy management, smart metering and virtual power plant integration. Different custom sizes are offered, optimally customised to the demands of residential homes, agricultural farms and commercial firms. Sonnenbatterie was
introduced to the German and Austrian businesses in January 2011 as one of the first proven and transportable intelligent lithium storage practices.
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