Post by Junction Growth Investors

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šŸ“¢ Thrilled to announce our investment in Cologne based SpotmyEnergy. Together with Horizon Energy Infrastructure, we're providing over €50 million to accelerate smart meter rollout and consumer flex across Germany with serial entrepreneur Jochen Schwill at the helm. It is no secret that Germany is behind in deploying smart meters at scale to unlock the true potential of residential flexibility. SpotmyEnergy has the end-to-end solution to deliver through its 300+ installer partners: metering point operation, combined with a dynamic tariff and energy management system. šŸ‡©šŸ‡Ŗ Welcoming SpotmyEnergy in our portfolio marks a next step for Junction into the German market, expanding our position in the DACH region, next to our presence in Switzerland with Eturnity and in Austria with EET. All of our portfolio companies have a few things in common: proven technology, commercially viable and ready to scale. We're excited for what the journey with SpotmyEnergy will bring. šŸ’Ŗ Jochen Schwill Emil N. Bruusgaard Oliver Heinrich Heinrich Fabian Erici Peter Schmetz https://lnkd.in/eWB9H-gj #energytransition #investment #venturecapital

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