German homes become the power grid
Deal of the Week
- Startup
- Rabot Energy
- What
- Turns homes into virtual power plants
- Raised
- $50M Series B
- Where
- Hamburg, Germany
- Picked by
- Dan Bowyer
Confession — before I was a VC I was looking at starting a micro-generation company. So this one is personal.
Rabot Energy in Germany has raised $50M in a Series B to turn homes into virtual power plants. Your house, your car, your battery — all part of the grid, not just plugged into it.
I love energy deals and I just don't think Europe has done nearly enough here. Grids are creaking, demand is climbing and the cheapest capacity might already be sitting on driveways across Hamburg and Munich.
More of this, please. Super cool energy things.