enercast

enercast

leading technology provider for weather-based artificial intelligence and the digital transformation of renewable energy

Founded 2011 Germany

Kassel, Germany 23 employees Venture round Total: $2.25M Analytics, Energy +1

encast is a leading technology provider for weather-based artificial intelligence and the digital transformation of renewable energy. Founded in 2011 and headquartered in Kassel, Germany, encast offers self-learning software-as-a-service products that provide accurate power forecasts for wind power and solar plants. It enables the integration of renewable energy into power grids and energy markets by utilizing its platform for the industrial application of artificial intelligence. This involves meshing internal and external data, identifying value-driving patterns, and consolidating them into meaningful forecasts. Currently, with a staff of 30 employees, encast has a global customer base, primarily in the energy and industrial sectors. The company's continuous commitment to data-driven success is reflected in its slogan, "Your Data – Your Success." The last investment was a Venture Round investment at 08 December 2014, with Innogy Venture Capital as one of the investors. As encast operates within the Analytics and Renewable Energy industries, its innovative approach and sustainable focus make it an attractive investment opportunity. With the backing of established investors and its track record of global expansion, encast stands poised for further growth and influence in the renewable energy technology sector.

Funding Stage	Amount	Investors	Lead Investors	Date
Venture Round	Undisclosed	1	Innogy Venture Capital	08 Dec 2014
Series A	€2.25M	2	Innogy Venture Capital, HTGF \| High-Tech Gruenderfonds	23 Apr 2012

Funding Stage

Amount

Investors

Lead Investors

Date

Venture Round

Undisclosed

Innogy Venture Capital

08 Dec 2014

Series A

€2.25M

Innogy Venture Capital, HTGF | High-Tech Gruenderfonds

23 Apr 2012

FAQ About enercast

leading technology provider for weather-based artificial intelligence and the digital transformation of renewable energy

enercast was founded in 2011.

enercast is headquartered in Kassel, Germany.

enercast operates in Analytics, Energy and Renewable Energy. Its work centres on weather-based AI, software-as-a-service, power forecasts and wind power.

enercast has approximately 23 employees.

enercast has completed 2 funding rounds, raising a total of $2.25M. The latest funding stage is Venture round.

Top alternatives and competitors to enercast include Scatec ASA, East Energy Gruppe, Continua Energías Positivas, OneShore Energy GmbH, Valeco. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

enercast and Scatec ASA are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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FAQ About enercast