Siemens

Siemens AG, headquartered in Munich, Germany, is a prominent global technology company founded in 1847. It operates across various sectors, including industry, energy, healthcare, mobility, and infrastructure. Siemens provides a wide range of products and services, such as automation and digitalization solutions, energy-efficient technologies, and advanced healthcare systems. The company is particularly known for its contributions to electrification, automation, and digitalization, which enhance operational efficiency in diverse industries. Siemens also offers financial services, including asset finance and leasing solutions, to support organizations in acquiring equipment and technology. With a workforce of approximately 360,000 employees in nearly 190 countries, Siemens continues to innovate in areas like intelligent traffic systems and renewable energy, aiming to address complex challenges and empower customers to transform their operations through sustainable practices and advanced technology.

Cedrik Neike

CEO Digital Industries

Past deals in Energy

kraftwerk

Convertible Note in 2020
Kraftwerk Inc. specializes in the production of innovative energy solutions through its proprietary technology, which converts various fuels, including natural gas, liquefied gas, gasoline, and kerosene, into electricity. The company's key product, the kraftwerk TUBE, is a nanocoated metallic tube designed for compact fuel cell applications. These tubes enable the development of lightweight and highly efficient energy sources suitable for mobile applications in automotive and aerial vehicles. By directly transforming fuels into electricity, Kraftwerk Inc. aims to enhance energy efficiency and promote the use of cleaner energy systems in various industries.

eMeter

Acquisition in 2011
eMeter Corporation delivers energy information management solutions for the utility mass market, and commercial and industrial deployment. The company provides software that enables electric, gas, and water utilities to realize the benefits of their advanced metering and smart grid initiatives. It offers EnergyIP, an enterprise meter data management software platform; an Integration Platform for linking various advanced metering information (AMI) systems to multiple utility information systems; and Business Process Management Tools specializing in AMI implementation, operations, and maintenance, as well as provides meter data unification and synchronization system integration with SAP solutions for utilities. The company also offers SmartStart, which allows utilities to validate their investment in AMI, implement eMeter solutions, and access an integrated operational system for user acceptance testing. In addition, it plans, installs, and configures the EnergyIP software, as well as offers strategic consulting services related to meter data management, advanced metering, and demand response. eMeter Corporation has a strategic partnership with Siemens Corporation. The company was founded in 1999 and is headquartered in San Mateo, California.

EnOcean

Venture Round in 2009
EnOcean GmbH, founded in 2001 and based in Oberhaching, Germany, specializes in energy harvesting technology and wireless sensor solutions for building and industrial automation. The company develops and markets a range of products, including energy converters, wireless sensors, controllers, and software, which facilitate energy-efficient applications in home automation, lighting, industrial settings, automated meter reading, and environmental monitoring. EnOcean's innovative self-powered wireless technology captures energy from the environment, allowing for the creation of long-range radio frequency signals without the need for batteries. The company distributes its products across numerous countries, including various regions in Europe, North America, and Asia, thereby catering to a global market for energy-efficient solutions.

Powerit Solutions

Series B in 2009
Powerit Solutions, LLC is an energy management technology company based in Seattle, Washington, specializing in demand response and control solutions for industrial and commercial applications. Founded in 1994, it provides a range of products designed to optimize energy usage and reduce costs in energy-intensive industries, including food processing, manufacturing, and metal fabrication. Key offerings include the Energy Director, a power management system that helps manage demand levels, and Konnekt Wireless I/O, which facilitates industrial-grade wireless input/output for power management. The company's solutions also encompass advanced software interfaces for demand control, dynamic pricing, and microgrid management, enabling clients to enhance their energy efficiency and sustainability. As a subsidiary of Powerit Holdings, Inc., Powerit Solutions is committed to delivering innovative approaches for energy management across various sectors, helping clients achieve significant savings and improved operational performance.
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