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Rabot Energy raises $50M Series B led by Endeit Capital

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Hamburg-based Rabot Energy raised a $50 million Series B led by Endeit Capital, with Germany's DeepTech & Climate Fonds and existing investors HV Capital, High-Tech Gründerfonds, Bosch Ventures, CNI, Acurio Ventures and vent.io also participating. Rabot runs a virtual power plant built on dynamic electricity tariffs. It says the money will help it reach one million customers, expand home and business services in Germany, and connect more devices such as home batteries, EV chargers and heat pumps. Rabot says its tariff can cut average household energy costs by 15%, and its website states the tariff also works without a smart meter if customers enter monthly readings in the app.

AI-generated from reports · 2 days agoUpdate

Latest updatesOct 15 20:10
Rabot Energy raises $50M Series B to turn homes into virtual power plants

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Oct 15
  1. Tech.euTop Deals
    Rabot Energy raises $50M Series B to turn homes into virtual power plants

    Rabot Energy raised $50 million in a Series B led by Endeit with DeepTech & Climate Fonds.

  2. Tech Funding NewsTop Deals
    Rabot Energy raises $50M Series B led by Endeit Capital for virtual power plant

    Hamburg-based Rabot Energy raised $50 million in Series B funding led by Endeit Capital.

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