<ul data-eligibleForWebStory="true"><li>Eindhoven-based Tibo Energy has secured €6M in Seed funding led by KOMPAS VC to tackle grid congestion in Europe.</li><li>The funding will be used to expand into Germany and Belgium, double the team, and enhance the Energy Management System (EMS) with new modules.</li><li>Tibo Energy offers AI-driven software to simulate and control decentralised energy grids, helping businesses manage energy use effectively in real-time and avoid grid congestion.</li><li>Tibo Energy has deployed its EMS on over 30 industrial sites, working with partners like Unica, Hoppenbrouwers, and Stantec to optimize energy use and cut operational costs.</li></ul>

Eindhoven’s Tibo Energy secures €6M to tackle grid congestion in Europe; plans to double its team

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