The Pionierkraft founders Nicolas Schwaab and Andy Eberhardt.
Photo: Pioneer power

Seven-figure financing for pioneering power

Successful late-seed investment round for Pionierkraft. The fresh capital will support the company's planned market entry in Germany in 2021. The team will also be further expanded this year to achieve its growth targets.

The seven-figure financing round of Pioneering power participate with Hans Hubschneider, Ralf Hasler, Jan Czichos and the European Climate tech investor EIT InnoEnergy All existing investors are again participating, but new investors are also joining the investor group, namely the business angels Eva Brucherseifer, Felix Mielke, Gregor Breidenstein and Mike de Saldanha.

"We are pleased with the trust of our existing investors and are proud to have convinced other experienced entrepreneurs and supporters of the energy transition! With the new investors, we benefit from further experience and bring specific know-how on board,"

said the two founders and managing directors Nicolas Schwaab and Andreas Eberhardt.

Further expand innovation lead

Pionierkraft aims to make affordable and truly green electricity accessible to everyone with a local energy-sharing solution. The solution, consisting of hardware and intelligent software-based services, is designed to enable self-generated energy from a photovoltaic system to be shared easily, efficiently, and profitably with other people. The core of the innovation is the Pionierkraft power plant. The hardware transfers energy between individual households and buildings, optimized according to demand and generation. The controlled transmission takes place completely autonomously and without using the public grid. The founders continue:

"To expand our innovation lead, we will invest additional resources in further developing our hardware and software to connect more households in larger buildings and offer new services through our platform. Along with this, we will strengthen sales and build business processes for long-term, successful company growth."

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