encentive focuses on the intelligent control and flexibilization of energy consumption into clean & cheap time periods with an abundant supply of renewable energy. At the heart of the technology is the AI-based software platform flexOn, which is integrated into the existing infrastructure of industrial customers and serves as a central operating system for intelligent energy management. flexOn already enables savings of around 20% and a significant, measurable reduction in CO2 through AI-driven analysis and automation.
Milestones
Founded 2020
Seed 2024
Sector
Energy & Cleantech
Location
Neumünster
Why we invested
Many companies possess a wide range of energy buffer and storage options which enable them to compensate and utilize fluctuations in renewable energy generation to their advantage. encentive harnesses this potential in a simple and modular way without interfering with companies' existing processes. In this way, industrial customers save a lot of money and help to integrate more renewable energy into our energy system. That's what convinced us in the end.