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ifesca secures another EUR 1.5 million investment

  • 2018

About half a year ago, ifesca started its Serie A financ­ing round and secured EUR 1 mil­lion in the first clos­ing. In the sec­ond clos­ing, a fur­ther EUR 1.5 mil­lion was now invested, which should enable the com­pany to fur­ther grow and inter­na­tion­al­ize its ifesca.AIVA plat­form.

The ifesca founders Andreas Reuter, Sebas­t­ian Rit­ter and Clemens Kießhauer (from left) with team

At the begin­ning of 2017, a high six-fig­ure amount from the Thuringian Startup fund was invested by the ven­ture cap­i­tal investor bm|t (bm-t beteili­gungs­man­age­ment thürin­gen gmbh).

The intel­li­gent cloud ser­vices of ifesca.AVIA, enables energy com­pa­nies to cal­cu­late fore­casts for the future demand for elec­tric­ity, gas or heat in almost real time and thus form the basis for deci­sions of impor­tant rec­om­men­da­tions for action, for exam­ple energy trad­ing or power plant oper­a­tion. As a result, com­pa­nies can react faster to changes in the mar­ket or in the sup­ply sit­u­a­tion.

bm|t led the round once again and invested from the Thüringer Wach­s­tums­Beteili­gungs­Fonds, in which a total of EUR 37.5 mil­lion is avail­able for growth com­pa­nies in Thuringia.

In addi­tion to bm|t – who was once again Lead investor — also the Angel investors Lück Invest GmbH and R.O.I GmbH par­tic­i­pated in this round. In addi­tion, the Angel investor Sven-Jesco Grenzbach came on board, who sup­ported in addi­tion to his invest­ment with his many years of expe­ri­ence in the energy indus­try. An addi­tional com­mit­ment was also achieved through the par­tic­i­pa­tion of some employ­ees and part­ners of ifesca.

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