Skoon Energy, a leading AI-powered software platform for clean mobile energy, announced the closing of €5 million in Series A funding, led by American VC Blue Bear Capital, with participation from Graduate Entrepreneur Fund. The new funding enables Skoon to grow its team, advance the development of its software platform, and expand into new global markets.
Founded in 2017, Skoon Energy aims to reshape on-site energy supply by connecting users of traditional fossil fuel-powered generators with suppliers of clean mobile energy systems, such as batteries, hydrogen, and solar generators. The company’s AI-powered software platform enables customers to select the best energy system for their specific needs, actively monitor their energy usage, and report on carbon savings with the click of a button.
By facilitating both supply and demand, Skoon enables cost-effective, zero-emission energy for applications such as construction sites, events, and on-site film production. Suppliers of Skoon’s clean energy systems benefit from increased asset utilization through its marketplace. Skoon’s software tools centralize financial and energy data, so it can be used to better manage their rental fleet.
“The energy market today is going through tremendous growth and rapid change, which is challenging for most companies to keep up with. Our years of experience replacing fossil fuel generators at project sites, such as construction and film sets have positioned Skoon perfectly to provide clean mobile energy solutions everywhere. This also means Skoon is ready to tackle grid congestion challenges at a large scale,” said Peter Paul van Voorst tot Voorst, founder and CEO of Skoon Energy. “The funding from Blue Bear Capital and Graduate Entrepreneur Fund not only validates our platform’s value, but also serves as a critical launchpad to realize our vision to replace the use of fossil fuels at on-site projects and to provide clean power and true flexibility to electricity grids, globally.”
Skoon’s online marketplace has more than 150 verified suppliers from the world’s largest network of clean mobile energy systems, which solve temporary power needs across various markets and end users. Currently, Skoon’s platform is being used by rental companies across Europe including Atlas Copco, Volta Energy and Morillo Energy, as well as large-scale energy users such as Vattenfall, the Dutch Ministry of Defence and the Port of Amsterdam.
With scalable and data-driven access to energy systems globally, grid operators can turn to Skoon to enable flexibility in the electricity grid. Instead of relying on legacy infrastructure, which can be outdated, grid operators can deploy a mobile grid—mobile energy systems—to support or replace their electricity grid at scale. This flexibility in time and location placement allows grid operators and their customers to save costs and efficiencies to unlock the benefits of freedom in planning.
“Skoon unlocks access to low-carbon power generation to decarbonize the $10b global power rental market,” commented Dr. Carolin Funk, partner at Blue Bear Capital. “Their platform provides an integral service that connects hard-to-electrify use-cases with innovative suppliers, reducing reliance on fossil fuels and improving overall grid stability.”
At least $21.4 trillion needs to be invested in the electricity grid by 2050 to support a net-zero trajectory for the world, according to BloombergNEF. Currently, electrification across buildings and transportation continues to gain momentum, however, the use of dirty fossil-fuel-powered generators for temporary applications continues to remain high as these legacy systems are still being used to fight grid congestion or avoid black-outs.
Read the orginal article: https://www.eu-startups.com/2023/10/rotterdam-based-skoon-energy-raises-e5-million-to-tackle-grid-congestion-challenges-at-a-large-scale/
