How Much Did Eliq Raise?
Funding & Key Investors

Eliq, a Swedish technology firm specializing in energy data analysis and visualization, has recently secured a significant strategic investment, contributing to its overall funding of $9.9M. This latest capital injection, amounting to $500K, marks a pivotal moment for the company as it continues to scale its operations and enhance its energy intelligence platform. The recent financing round underscores the growing market demand for advanced energy management solutions.

What is Eliq?

Eliq
SoftwareBusiness Intelligence (BI) Software

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:

2017

Angel/Seed

$3.5M

2020

Series A

$5.8M

2023

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.

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Frequently Asked Questions Regarding Eliq Financial Insights

What are the most recent funding rounds that Eliq has completed, and what were the funding rounds?
Eliq has recently completed 3 funding rounds: Other Financing Round on Nov 21, 2023, Series A on Sep 22, 2020, Angel/Seed on Nov 16, 2017.
What is the total amount of funding Eliq has raised to date?
Eliq has raised a total of $9.8M in funding to date.
How many funding rounds has Eliq completed?
Eliq has completed 3 funding rounds.
How much funding did Eliq raise in its most recent funding round?
Eliq raised $500K in its most recent funding round.
Which was the largest funding round in Eliq's history?
The largest funding round in Eliq's history was $5.9M.
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