
Hive Power, based in Switzerland, is a leading provider of innovative smart grid solutions, specializing in energy management for electric vehicles and energy communities. Their core product, FLEXO, is a Virtual Power Plant platform that allows businesses to monetize assets like EVs by accessing energy markets and offering grid ancillary services. FLEXO supports smart charging (V1G, V2G, V2X), energy community management, and local energy optimization. Hive Power caters to a diverse clientele including EV OEMs, fleet managers, logistics companies, asset managers, charge point operators, and energy sector players. They have secured significant recognition, including the 'Special Jury Prize' from the Swiss Federal Office of Energy and being named a 'Smart Grid Startup to Watch' by Sifted & Financial Times. The company is driven by a vision of 'Smarter Grids' and a mission for a '4D Energy Future' (Decarbonisation, Digitalisation, Decentralisation, and Democratisation).

Hive Power, based in Switzerland, is a leading provider of innovative smart grid solutions, specializing in energy management for electric vehicles and energy communities. Their core product, FLEXO, is a Virtual Power Plant platform that allows businesses to monetize assets like EVs by accessing energy markets and offering grid ancillary services. FLEXO supports smart charging (V1G, V2G, V2X), energy community management, and local energy optimization. Hive Power caters to a diverse clientele including EV OEMs, fleet managers, logistics companies, asset managers, charge point operators, and energy sector players. They have secured significant recognition, including the 'Special Jury Prize' from the Swiss Federal Office of Energy and being named a 'Smart Grid Startup to Watch' by Sifted & Financial Times. The company is driven by a vision of 'Smarter Grids' and a mission for a '4D Energy Future' (Decarbonisation, Digitalisation, Decentralisation, and Democratisation).
Headquarters: Manno, Ticino, Switzerland
Core product: FLEXO Virtual Power Plant / optimisation platform
Focus: Smart grids, smart charging (V1G/V2G/V2X), battery monetisation, energy communities
Recent funding: Seed round Dec 16, 2024 (~€3.5M / $4.88M total funding)
Smart grid software and flexibility optimisation for electric vehicles, distributed batteries and energy communities.
Cleantech / Energy SaaS
€3.5 million
Seed round announced Dec 16, 2024
$600,000
Round supported by Torino Cities of the Future Techstars Accelerator, Péter Ilyés, Tiventures SA and Magility Ventures-HP GbR
“Includes strategic energy-sector investor participation (Axpo) and support from technology/innovation investors and accelerators”