ENEIDA.IO, founded in 2012, is at the forefront of leveraging artificial intelligence to revolutionize energy management. Headquartered in Portugal, the company is transforming low voltage (LV) networks into smarter, emission-free grids through its innovative product, the eneida DeepGrid®.
Positioned within the industries of AI, Energy, IT, Clean Energy, and Energy Efficiency, ENEIDA.IO focuses on creating Zero Emission Neighbourhoods (ZEN). Their platform empowers operators by optimizing grid functionality, enhancing the accommodation for electric vehicles and solar integrations while minimizing outages. In essence, they bring a balance between technology and sustainability, paving the way for a greener future.
In the latest funding round, ENEIDA.IO secured a €10.50M Series B investment on 05 July 2024. Prominent investors include HCapital Partners, Junction Growth Investors, Korys, and Santander Asset Management, underscoring the company's robust market potential and investor confidence.