GreenCom Networks AG aka GreenCom is one of the leading energy IoT companies that is based in Munich, Germany and has an office in France as well. The company claims to develop the energy system of the future. GreenCom integrates distributed assets, including battery storage units, solar PV systems, heat pumps, and electric vehicle chargers. Now, the company announced that it raised equity funding.
Raises €12M equity funding!
In a recent development, GreenCom has announced that it raised €12M equity funding in a round led by Shell Ventures. It is backed by Energy & Environment Investment (EEI) along with existing investors – Centrica, E.ON’s Future Energy Ventures, Munich Venture Partners and SET Ventures.