

What they do: AI-driven energy management, analysis and optimization platform (etaONE) for industrial and data-center energy systems
Headquarters / origin: Darmstadt spin-out from TU Darmstadt (ETA research group)
Founding year: 2020
Recent funding: Series A €8M announced Nov 26, 2024 (Series A later extended)
Employee count: ~65
| Company |
|---|
Industrial and data-center energy efficiency and optimization
2020
IT Services and IT Consulting
Pre‑Series A investment with participation from Xantaro
8 million EUR9
Co-investors included ebm-papst and Technologiefonds Hessen (BM H/TF H)
8 million EUR9 (extension to bring total Series A to 8 million 16)
Series A extended to total €16M with participation from M12 alongside existing investors
“Alstin Capital lead investor on Series A; participation from strategic industrial investor ebm-papst and regional fund BM H; later participation from M12”