Lition Energy

Lition Energie was a green energy provider that connected producers of renewable energy with consumers through its marketplace. Founded in 2017 in Germany, the company aimed to advance the energy transition in collaboration with partners and customers. However, the company faced challenges amidst the energy crisis and regrettably ceased its operations in October 2021. The company's slogan, "Ein innovativer Stromanbieter, der Konsumenten direkt mit Erzeugern zwischen 2018 und 2021 verbunden hat," signifies its innovative approach to directly connecting consumers with energy producers. Despite the company's intent to disrupt the energy market and promote renewable energy, it faced insurmountable obstacles. Notably, Lition Energie secured a €2.00M Seed Round investment on 01 February 2021 from Investitionsbank Berlin and Private Investors. This funding aimed to support the company's growth and initiatives, further underscoring the investors' interest in the company's vision. The rise and fall of Lition Energie serve as a reminder of the challenges within the energy industry and the volatile nature of startup ventures. Despite its ultimate closure, the company's efforts to drive the adoption of renewable energy and its ability to attract notable investments reflect the ongoing opportunities and risks within the energy marketplace.