Valkea was lead investor when Eliq AB Secures €10 Million in financing, paving the way for Energy Insights in Every Household

We are happy to announce that Valkea was the lead investor in the latest round, together with other investors Axpo and Inven Capital. Both Valkea and Fortum’s Consumer Solutions unit were involved in the process that led to the investment which will bring strategic value to Fortum when continuing to develop value-creating services to our customers.

About Eliq 

Eliq, a Home Energy Efficiency platform, empowers utilities, banks, and smart home providers to provide customers with energy data to make smarter, more sustainable decisions in household energy usage, ultimately reducing their carbon footprint.

Founded in 2016 by energy experts and software entrepreneurs, Eliq's energy intelligence platform focuses on home energy efficiency, expediting the transition towards more sustainable home energy use and making sense of energy data. The platform allows utilities, banks, smart home providers, and others to offer their customers solutions to interpret energy data, provide guidance on energy-efficient usage, and facilitate upgrades and green financing.

About Inven Capital 

Inven Capital, a venture fund based in the Czech Republic, focuses on early and growth-stage technology companies in the cleantech and new energy sectors across Europe and Israel. Eliq is part of an impressive portfolio, which includes notable names such as Sonnen (home energy storage, acquired by Shell), Tado (smart thermostat), and CyberX (cybersecurity, acquired by Microsoft).

About Axpo

Axpo is driven by a single purpose – to enable a sustainable future through innovative energy solutions. Axpo is Switzerland's largest producer of renewable energy and an international leader in energy trading and the marketing of solar and wind power. Axpo combines the experience and expertise of more than 6,000 employees who are driven by a passion for innovation, collaboration and impactful change. Using cutting-edge technologies, Axpo innovates to meet the evolving needs of its customers in over 30 countries across Europe, North America and Asia.