What is REstore nv/sa?
REstore nv/sa is a leading innovator in energy technology, focusing on automated Demand Side Management (DSM). The company provides comprehensive Demand Response programs for Commercial & Industrial (C&I) consumers and delivers sophisticated cloud-based DSM software solutions to Utilities. REstore's expertise spans across various ancillary services and capacity markets in key European regions including France, the UK, Germany, and the Benelux countries. Its proprietary platform, FlexPond, is utilized by over 125 of Europe's largest industrial energy consumers, alongside a notable roster of utility clients, including five of Europe's top-50 largest utilities and grid operators. The company has also introduced FlexTreo, a holistic DSM solution tailored for energy managers at C&I consumers. REstore's market recognition includes winning the Association for Decentralised Energy Award 2016 and the Deloitte Technology Fast 50 Award, and it has been acknowledged by Bloomberg as a top-three European Demand Response aggregator. The company has strategically expanded its operations by opening a satellite office in San Francisco to tap into the US market.
How much funding has REstore nv/sa raised?
REstore nv/sa has raised a total of $7M across 1 funding round:
Series C
$7M
Series C (2015): $7M with participation from Lrm and AXE Investments
Key Investors in REstore nv/sa
Lrm
LRM is a venture capital provider focused on fostering economic development and innovation in Limburg. They offer smart money and manage business campuses, aiming to create impactful networks for sustainable growth and innovation. LRM also engages in real estate development and supports startups through its extensive network.
AXE Investments
AXE Investments is a Belgian limited company, a joint venture between Anacom and Ackermans & van Haaren, investing as a minority partner in businesses with long-term growth potential, particularly in logistics and technology. They also diversify into real estate and financial assets.
What's next for REstore nv/sa?
The recent major strategic investment in REstore nv/sa signals a pivotal phase of expansion and technological advancement for the company. With a strong foundation in the European energy market and a growing presence in North America, REstore is well-positioned to capitalize on the increasing global demand for intelligent energy management solutions. This capital infusion is expected to fuel further development of its FlexPond and FlexTreo platforms, enhance its market penetration strategies, and potentially support strategic acquisitions or partnerships. The company's focus on automated Demand Side Management aligns with global trends towards grid modernization, renewable energy integration, and energy efficiency, suggesting a promising outlook for continued growth and innovation in the clean energy technology sector.
See full REstore nv/sa company page
