Yellow&Blue Investment Management, a Netherlands-based clean energy corporate venturing unit on behalf of the local Nuon utility, has co-led the series A round for Entelios. High-Tech Gründerfonds, a Germany-based venture capital firm backed by the local government and companies, was the other co-lead investor in Entelios. Germany-based Entelios started last year as the first nationwide demand response aggregator of clean energy for the power grid. Grid operators and utilities pay Entelios for providing demand response capacity (MW under Management) by managing the consumption patterns of industrial and commercial customers, similar to EnerNOC and Comverge in the US. Albert Fischer, managing director of Yellow&Blue, and Holger Heinen, investment director of High-Tech Gründerfonds, in a joint statement said: "The team has developed an impressive solution that can synchronize industrial and commercial power consumption making it into a marketable product for utilities and power exchanges." Oliver Stahl, Thomas Schulz, and Stephan Lindner founded Entelios.
- News & Analysis
- Global Corporate Venturing
- Global University Venturing
- Latest News
- Deal Data
- Community & Events
Yellow&Blue cheers on Entelios
Feb 6, 2011 • James Mawson
LEADERSHIP SOCIETYInforming, connecting, and transforming the global corporate venture capital ecosystem.
The Global Corporate Venturing (GCV) Leadership Society’s mission is to help bridge the different strengths and ambitions of investors across industry sectors, geography, structure, and their returns.
Featured ContentFUNDING ROUND DATA Which corporates are backing which startups? Search our corporate deal database.
FUNDING ROUND DATA
Which corporates are backing which startups? Search our corporate deal database.NOMINATE Nominations for the GCV Powerlist 2024 are now open
Nominations for the GCV Powerlist 2024 are now openEventsWebinar: Startups and Strategics – What works and what doesn’tEventsGCV Institute: Landing the Value of Corporate VenturingTop News
GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.test reg