Tibo Energy secures €6M to combat grid congestion with smart energy tech

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Tibo Energy secures €6M to combat grid congestion with smart energy tech
© Tibo Energy

Tibo Energy, a Dutch startup focused on next-generation energy management systems, has raised €6 million in seed funding.

The round was led by KOMPAS VC, with participation from Hitachi Ventures, WEPA Ventures, SET Ventures, and Speedinvest.

Tackling grid congestion with AI

Founded in 2022, Tibo Energy offers an AI-powered platform that helps industrial and commercial sites manage local energy resources in real time. Its flagship product, “Alice,” continuously optimizes energy usage based on live data, price forecasts, and contract terms—reducing dependency on expensive grid upgrades.

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Expansion plans underway

With the new funding, Tibo Energy plans to double its team and expand operations into Germany and Belgium. The company will also roll out new product features, including fleet charging coordination and advanced PowerBI integration for visualization.

Growing footprint across Europe

Since its launch in late 2023, Tibo’s EMS has been deployed at over 30 industrial sites, including projects with Montea and Intratuin. Partners such as Unica and Stantec are helping implement the system across logistics, retail, and light industry sectors.

Real impact, real savings

Customers are already seeing tangible benefits—avoiding peak load penalties, improving solar generation, and slashing operational costs. CEO Remco Eikhout emphasizes the platform’s mission: “Infrastructure limitations shouldn’t hold back the energy transition.”

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