Contrarian Ventures

growth-positive

The article discusses the importance of environmental, social, and corporate governance (ESG) and focuses on carbon management and emissions reduction technologies. It introduces the Global Emissions Reduction Technology Map, which features 67 startups working in this field. The map aims to help companies contribute to their ESG efforts by providing information on carbon emissions analysis, reporting, and reduction strategies. The article emphasizes the growing significance of sustainability and ESG in business, highlighting that profitability is no longer the sole value to shareholders. Customers and partners are now choosing to support companies that align with their environmental values. The article encourages companies to incorporate sustainable practices into their long-term strategies to ensure accountability and real impact.

growth-positive

Eliq, a Stockholm-based startup that provides a digital customer engagement platform for energy, has raised €5 million in a Series A funding round. The round was co-led by Contrarian Ventures and Inven Capital, with participation from existing investors. The funds will be used to expand the companys sales and marketing efforts, accelerate product development, and expand its offerings for utility customers in Europe. Eliqs platform collects and analyses data to provide utility customers with personalised experiences and help them understand their energy consumption. The company was founded in 2015 and has raised a total of €9 million to date.

growth-positive

The article discusses the potential of green hydrogen as a key player in the renewable energy future. It highlights the 75 brightest technology companies in the hydrogen space and their contributions to the production, fuel cell, and combustion technologies. While solar energy has been the focus, the article argues that hydrogen can address the issues of seasonality, availability, and cost-effectiveness. The European Commissions hydrogen strategy and the support of corporate companies like Shell and Chevron indicate a positive outlook for the growth of hydrogen technologies. Analysts estimate that clean hydrogen could meet 24% of global energy demand by 2050. The article encourages readers to be prepared for the green hydrogen boom.

growth-positive

Inbalance grid, an intelligent electric vehicle charging solutions company, has received a €950,000 investment in a seed round led by Contrarian Ventures. Other investors include venture capital fund Koinvesticinis fondas, as well as Mantas Mikuckas and Ernestas Petkevicius. Inbalance grid offers scalable charging infrastructure solutions for businesses, retailers, and local communities to support the transition to electric vehicles. Their charging stations feature a modular design and intelligent load balancing capabilities. The investment will help the company launch its platform and expand its operations. Inbalance grid aims to provide sustainable and cost-effective charging solutions to promote the adoption of electric vehicles and reduce CO2 emissions.

growth-positive

Moixa, a UK-based company developing smart energy storage devices and virtual power plants technologies, has received fresh funding of around 10 mln EUR. The funding comes from various investors including Smart Energy Fund, Contrarian Ventures, Honda, ITOCHU Corporation, and First Imagine! Ventures. Moixas innovative technologies can contribute to Lithuanias energy strategy and allow customers to store electricity generated by renewable sources in their own home batteries. Moixas GridShare technology uses artificial intelligence to optimize energy use and manage thousands of batteries as a virtual power plant. The company currently manages home energy storage systems in 7000 homes in the UK and Japan. The funding will support the further expansion of Moixas technology globally.