What is Eliq?
Eliq is a Gothenburg-based Swedish company at the forefront of energy data intelligence. The firm provides sophisticated tools for analyzing and visualizing energy consumption patterns, empowering businesses and consumers to better understand and manage their energy usage. By leveraging advanced analytics, Eliq aims to drive efficiency, promote sustainability, and facilitate the transition to smarter energy systems. Their technology is crucial for industries seeking to optimize resource allocation and reduce their environmental footprint.
How much funding has Eliq raised?
Eliq has raised a total of $9.8M across 3 funding rounds:
Angel/Seed
$3.5M
Series A
$5.8M
Other Financing Round
$500K
Angel/Seed (2017): $3.5M with participation from Swedish CBC Investment Group
Series A (2020): $5.9M led by Contrarian Ventures and Inven Capital
Other Financing Round (2023): $500K, investors not publicly disclosed
Key Investors in Eliq
Contrarian Ventures
Contrarian Ventures is a founder-first investment firm specializing in climate tech, with a focus on early-stage companies in Europe and Israel. They support entrepreneurs developing breakthrough technologies to combat climate change and foster sustainable economic growth.
Inven Capital
Inven Capital is a venture capital fund dedicated to investing in innovative climate technology startups across Europe and Israel. They aim to back visionary founders tackling critical environmental challenges and driving the transition to a sustainable energy future.
What's next for Eliq?
With the recent major strategic investment, Eliq is poised for accelerated growth and innovation. The company is expected to further develop its energy data analytics platform, expanding its capabilities to address evolving market needs in the clean energy sector. This capital infusion will likely support enhanced research and development, broader market penetration, and strategic partnerships. Eliq's focus on providing actionable energy insights positions it as a key player in the global push towards energy efficiency and sustainability.
See full Eliq company page