Stemy Energy

www.stemyenergy.com ↗ ·Madrid ·Seed

Stemy Energy is a Madrid-based energy technology company that uses artificial intelligence to optimise electricity consumption for residential, commercial and industrial users and energy communities. Its cloud platform aggregates flexible demand from connected users, so they can take part in grid-balancing and demand-response markets. This lowers their energy bills and carbon footprint and helps more renewable generation enter the grid. It was founded in 2018 by engineers and researchers from Universidad Pontificia Comillas, and now runs its flexibility offering under the ProfitFlex brand. Backed by EIT InnoEnergy, the company raised a €1 million seed round in October 2022 led by Capital Energy Quantum, to support its expansion in Spain and the United Kingdom.

Founded
2018
Founders
5
Total funds raised
€1M
Rounds
1
Investors
2
Last round
Oct 2022
SectorsEnergy & Climate, AI & Data, Demand Response, Energy Flexibility Start-up MapEnergy & Climate › Industrial resource monitoring

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Founders

Alfonso Martín Quereda
Co-founder & CFO
Carlos Rodríguez-Morcillo García
Co-founder & Director of Hardware Development
Francisco Martín Martínez
Co-founder
Jaime Boal Martín-Larrauri
Co-founder & CTO
Álvaro Sánchez Miralles
Co-founder & CEO

Global models 5

Tibber
Norway · tibber.com ↗
Connects households' smart devices and optimises their power use against prices, then pools that flexible demand for grid and balancing markets.
~$250MComparable
Voltus
United States · www.voltus.co ↗
A cloud platform that aggregates flexible demand from commercial and industrial users into demand-response and grid-balancing markets and shares the revenue with them.
~$130MComparable
OhmConnect
United States · www.ohmconnect.com ↗
Aggregates residential users' flexible consumption through smart devices into demand-response programmes and pays users for cutting load.
~$130MComparable
AutoGrid
United States · www.auto-grid.com ↗
An AI flexibility-management software platform that aggregates distributed demand and assets into virtual power plants for grid services.
~$100MComparable
Leap
United States · www.leap.energy ↗
Software that automatically enrols and aggregates flexible load from connected devices and buildings into wholesale and demand-response markets for revenue.
~$45MComparable

In the same niche 19 others

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Notes: Most funded first

Investors 2

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InnoEnergy
www.innoenergy.com
Investor Spain
Capital Energy Quantum
Led Seed 2022 Spain

Funding rounds 1

DateRoundAmountLead

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