Node.energy raises seven million euros

The start-up wants to simplify the management of wind and solar plants with its software. Now investors are getting on board.

In a Series A financing round, the start-up Node.energy raises seven million euros. The round is led by Cologne-based VC Bitstone Capital. In addition, 10x Founders and impact investor Bonventure are participating. Helen Ventures from Finland is also investing in the Frankfurt-based start-up.

Node.energy is developing software to simplify the management of wind and solar plants. Plant operators can use the software to automatically generate invoices, tax forms and reports to the authorities. According to the company's own information, the software is already being used by around 10,000 wind energy and solar plants. Matthias Karger and Lars Rinn founded the startup in 2016 and now employ 50 people.

"The future energy supply will be based on millions of renewable energy plants and every major building will also be a power plant at the same time," says Karger. The new capital will be used to further develop the software so that it can be used to implement new business models such as direct solar power deliveries and self-supply.