GreenCom Lands Funding to Expand IOT Home Energy Controls in Europe and Beyond

By [email protected] GreenCom Networks, the Internet-of-things platform provider that’s become a go-to for major European utilities to control solar panels, batteries, electric vehicle chargers and smart home energy loads, has landed another funding round with two new strategic investors that could open new markets.

Wednesday’s funding round of 12 million euros ($14.5 million) added new investors Shell Ventures and Japan’s Energy & Environment Investment Inc. to a list of backers that includes U.K.-based utility and energy services provider Centrica, SET Ventures, Munich Venture Partners and Cosmos. GreenCom CEO Christian Feisst told GTM that both offer the Munich-based company opportunities to expand its

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