Eneida.io closes new funding round

The private equity HCapital New Ideas and InnoEnergy are the investors on the Eneida.io’s latest funding round 

The startup Eneida Wireless & Sensors, acting under the trademark Eneida.io, has recently closed another funding round, subscribed by the private equity HCapital and InnoEnergy.

This is the first operation taken by HCapital New Ideas, a Portuguese private equity fund focusing on Energy, Mobility and Smart Territories. InnoEnergy strengthens its position as an innovation promoter of sustainable energy, by supporting Start-Ups on their path to successful and sustainable business growth, creating solutions and products for a Global Market.

These investors join up with Portugal Ventures, shareholder at Eneida.io since February 2017 and the Company founders, thus creating a solid shareholder group that will allow Eneida.io to go from strength to strength by developing its product portfolio and to consolidate its internationalization strategy.

About Eneida.io:

Eneida.io is a Portuguese technology company, born in 2012 in Coimbra, that developed an Energy IoT Platform, DeepGrid® (made of specific smart sensor networks, software and data science algorithms), for the optimization of the Low-Voltage Network. Amongst its clients are some of the largest European energy companies, allowing them to offer their customers a faster integration in their network of Distributed Energy Resources such as Solar PV and Electric Vehicles, and a high quality, secure, and affordable energy supply.

About Portugal Ventures:

Portugal Ventures is a venture capital firm that invests in seed rounds of Portuguese startups in tech, life sciences and tourism. Leaded by Celso Guedes de Carvalho, CEO, Portugal Ventures manages assets in the value of 260million euro through 18 venture capital funds to invest in seed investment rounds.

About HCapital:

HCapital New Ideas is a specialist fund dedicated to Innovation matters and investments. Founded in October 2017 with a 20million euro capital it has as main investors Instituição Financeira de Desenvolvimento (IFD), PROEF Group and EFACEC, together with its management team.

About InnoEnergy:

InnoEnergy is a European organization aiming to be the leader in the promotion of innovation and entrepreneurship in the Sustainable Energy business, by supporting and investing in all steps of the development process. By integrating industry, education and entrepreneurs, InnoEnergy maximizes the impact of each, accelerates development of market-ready solutions and contributes to the creation of the appropriate environment for the marketing of its results.

For more information please contact:

Eneida.io (www.eneida.io ): Carlos Pina Teixeira (CEO); cpt@eneida.io

HCapital (www.hcapital.pt): João Arantes e Oliveira (CEO); joliveira@hcapital.pt