Endre, a promising startup founded in 2022 and based in Sweden, is innovating in the field of Analytics and Data Analytics. With the slogan, "Forecasting electricity demand for the next decade with an hourly resolution in your neighbourhood," the company is carving a niche with its groundbreaking methods in electricity demand forecasting.
Emerging from research at Chalmers University of Technology, Endre offers a unique solution capable of predicting new electricity demand with hourly precision, down to individual neighborhoods, over a 5 to 10-year horizon. This capability empowers grid operators globally to mitigate capacity limitation risks, optimize grid planning, and lower expansion costs.
The company secured its last investment of kr475.00K in a Pre Seed Round on 20 December 2022, backed by Chalmers Ventures. Currently, Endre is advancing its forecasting and analytics platform, promising further innovation and value creation in the energy sector.