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.
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.