Industry: Energy management Region: Latvia Transaction price: US$ 1 million Transaction method: equity investment
Project introduction:
The company is an industrial energy management technology company headquartered in Riga, Latvia. Founded in 2015, the company is positioned as a "virtual power engineer" with the vision of becoming a reliable energy and greenhouse gas (GHG) data intelligent platform for industrial enterprises, and transforming data into actions to promote efficiency, productivity and sustainable growth through technology, human insight and AI.
The company mainly provides three core solutions:
1. Energy management, monitoring the power consumption of equipment level in real time through plug-and-play IoT sensors (such as GridLink module and GridMate sensor), with an accuracy of 5 seconds, helping manufacturing enterprises to identify the peak energy consumption, equipment inefficiency and power loss, and according to company data, helping customers reduce their electricity bills by as much as 30%;
2. Carbon footprint accounting, which calculates Scope1-3 greenhouse gas emissions of enterprises, sites, products and supply chains, and provides traceable carbon data to support ESG reports and sustainable investment decisions;
3. Advanced power grid monitoring, which provides real-time monitoring, power quality and stability control, intelligent load management and anomaly detection for distribution network operators. In addition, the platform also integrates a task management system, automatically generates and distributes work orders based on real-time data, and realizes a closed loop from insight to action.
The solution has the end-to-end capability of software and hardware integration. The company not only provides industrial-grade IoT hardware for LoRaWAN wireless communication (including GridLink gateway, GridMate sensor, CO2 sensor, etc.), but also supports a self-developed SaaS analysis platform, integrating AI algorithm to realize automatic anomaly detection, intelligent alarm and predictive maintenance. Customers can obtain professional-grade energy diagnosis services without internal power experts.