Tibber tips to series A with $12m

Mar 21, 2019 • Jack Hammond

The AI-powered energy management app provider has secured $12m in series A funding from investors including BKK.

Sweden-based energy management app developer Tibber has collected $12m in a series A round led by venture capital firm Founders Fund that included energy supplier BKK, TechCrunch reported on Tuesday.

VC firm Wellstreet, individual investor Petter Stordalen and Norwegian research fund RFF Vest also participated in the round.

Tibber has developed a mobile app that uses artificial intelligence technology to buy electricity from different energy producers, automatically switching to find the cheapest deal.

The app also informs users when the…

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