Dutch startup Tibo Energy has raised €6 million in Seed funding to scale its AI-driven energy management platform for industrial and commercial sites.
The funding round was led by KOMPAS VC with participation from Hitachi Ventures, WEPA Ventures, SET Ventures, and Speedinvest.
Tibo Energy's platform helps businesses unlock additional energy capacity from existing infrastructure, optimize energy use, and accelerate the energy transition.
The company plans to expand into Germany and Belgium, double its team, and enhance its energy management platform with new use cases.