Endre
Forecasting electricity demand for the next decade with an hourly resolution in your neighbourhood.
Forecasting electricity demand for the next decade with an hourly resolution in your neighbourhood.
Endre is an analytics startup based in Sweden that is revolutionizing electricity demand forecasting. The company, founded in 2022 and originating from research at Chalmers University of Technology, has developed innovative methods for forecasting electricity demand with an hourly resolution down to single neighborhoods for the next 5-10 years. This breakthrough technology enables grid operators worldwide to strategically plan for future demand, mitigating long- and short-term capacity limitations and minimizing expansion costs.
Endre is currently focused on the development of its forecasting and analytics platform, with a recent kr475.00K Pre Seed Round investment on 20 December 2022 from Chalmers Ventures. This investment signifies the confidence of a renowned investor in the potential of Endre's technology and its capacity to revolutionize the energy sector.
With its commitment to innovation and its robust financial backing, Endre is poised to make a significant impact in the energy industry. As the company progresses, it presents a compelling opportunity for venture capitalists seeking to invest in groundbreaking technologies with the potential to drive substantial change in the market.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Pre Seed Round | kr475.00K | 1 |
|
20 Dec 2022 |
No recent news or press coverage available for Endre.
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