Global Corporate Venturing editor Toby Lewis discussed the relationship between corporate backers and startups with Carsten Bether and Frank Starrmann.
Toby Lewis, editor of Global Corporate Venturing, welcomed Carsten Bether, CEO of smart grid software developer Kiwigrid, and Frank Starrmann, managing director of utility company RWE’s Innogy Venture Capital fund, this morning to discuss their partnership.
Kiwigrid received an undisclosed amount of funding from investors including Innogy VC and corporate and state-backed VC fund High-Tech Gruenderfonds in 2013. The startup hopes to facilitate the Energiewende, the policy by which Germany plans to drop nuclear power entirely and replace it with…