Smarter and cheaper energy for all
With this new investment, LIFEPOWR accelerate the transition to a flexible, sustainable and affordable energy system. Where energy used to be mainly a one-way street, today it is much more about smart cooperation between hundreds of thousands of small energy installations. Think solar panels, batteries, charging stations and heat pumps. LIFEPOWR solves that puzzle thanks to FlexiO, a software platform that automatically adjusts energy consumption at times when more or less energy is available. This reduces energy bills and gives the electricity grid the breathing space it needs.
Adding value
LIFEPOWR helps people and businesses use energy smarter. Their system automatically ensures that power consumption, self-generated energy (such as from solar panels) and storage (such as in a battery) are well matched. So you use energy at the cheapest and most efficient times. Moreover, LIFEPOWR also allows you to participate in energy markets, allowing you to earn by temporarily adjusting your power consumption when requested. Currently, LIFEPOWR already manages more than 20,000 connected energy installations and collaborates with a growing network of installers and energy suppliers.
“This investment shows that our vision to make energy smarter, simpler and more valuable is widely supported. With the support of Noshaq, ROM InWest and SPDG, we can scale up faster and help Europe accelerate the energy transition,” said Dries Bols, CEO of LIFEPOWR.
Growth and innovation for North Holland
The investment will allow LIFEPOWR to focus on three things: further development of the FlexiO technology, strengthening the team, and international growth. ROM InWest is investing in LIFEPOWR to promote energy flexibility in the region. The FlexiO platform makes sure your energy is used, generated and stored smartly. It takes power prices and the grid into account, so you pay less and the grid stays balanced. In this way, we make flexibility a new asset for the region and together accelerate the energy transition. Here, ROM InWest connects entrepreneurs, partners and capital so that this innovation lands quickly and scalably in North Holland.
