Austria
eFriends Energy, founded in 2015, is pioneering the field of energy sharing technology with the slogan "Geteilter Strom ist besserer Strom." This Austria-based startup has positioned itself as the first utility allowing real-time energy sharing among prosumers, integrating buying, selling, and trading functionalities into a singular, scalable platform.
The company's unique edge lies in its appeal to diverse residential segments that either own solar power setups or need access to green energy solutions in urban settings. Offering mostly solar-derived energy from personalized networks, eFriends Energy meets the increasing consumer demand for sustainable energy while fostering a community-centric approach.
Having attracted investors like Rockstart Accelerator, Raiffeisen Capital, Wienerberger, and VERBUND X Ventures in a late VC investment round concluded on 01 January 2024, the company is poised for scalability and potential international expansion. This investment reflects strong investor confidence and strategic alignment with the growing green energy trend.
