€6 Million Funding for Tibo’s AI-Driven Energy Management System

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Tibo Energy just raised €6 million to ramp up its AI-driven energy management system. The seed round was led by KOMPAS VC with backing from Hitachi Ventures, WEPA Ventures, SET Ventures, and Speedinvest. The company plans to expand into Germany and Belgium with the fresh capital.

The system is already live at over 30 industrial sites since late 2023. It squeezes more capacity out of existing energy infrastructure by managing distributed assets like solar panels, batteries, and chargers in real time. That means companies can grow without waiting for slow grid upgrades.

Grid congestion is a major headache in the Netherlands. Peak load costs are soaring and upgrades take years. Tibo’s software flexibly controls local energy assets to free up capacity. The issue looks set to spread in Germany and Spain too.

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Tibo’s AI, called Alice, optimizes energy flows every five minutes using live data, price forecasts, and contract limits. Instead of just reacting, Alice predicts usage and controls assets proactively. The system works with any hardware and scales from single batteries to full energy hubs.

Remco Eikhout, CEO and co-founder of Tibo Energy, said:

“Infrastructure limitations shouldn’t hold back the energy transition.”

“Alice enables industrial players to leverage unused capacity, predict risks, and optimize in near real-time—whether you’re managing a single battery or a full EnergyHub. This funding helps us bring that flexibility to more European customers.”

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