Amsterdam, Netherlands, January 22, 2024: Rockstart, global early stage VC and accelerator, announces its co-investment in Eddy Grid, a Rockstart Energy portfolio company. Eddy Grid will start the Rockstart Energy accelerator program in February 2024. The €1.5 m round was led by the Graduate Entrepreneur fund, Herberth Samsom, alongside Rockstart’s Energy Fund and Volve Capital. In addition to these major investors, several leading angels have also joined, including Jan Saan of CM.com, Thijs Verheul and Sjuul Berden of United Wardrobe, and Bastiaan van de Rakt of WhyCommitCapital.
This capital will be utilized to expedite the growth of Eddy Grid. The team aims to further expand its offerings to serve customers more broadly and accelerate the rollout of collaborations, such as the Energy Hubs in partnership with Skoon Energy.
Eddy Grid is committed to ensuring the continuous availability of affordable green energy. This contributes to sustainable energy consumption and indirectly accelerates the electrification of mobility and industry. Eddy Grid supports a range of businesses, from SMEs to large industrial enterprises. Whether they face a power shortage, have surplus capacity on their contracted capacity, or own solar panels, Eddy Grid can help. Transparency is a fundamental principle in their approach.
We are incredibly pleased that so many people are eager to help build a greener and more resilient world. There was an enormous amount of interest and support for our plans and confidence in our team. We believe that together with these experienced partners we can accelerate and increase our impact.Sam Rohn, CEO and co-founder of Eddy Grid
We are thrilled to have Eddy Grid on board in our portfolio and our accelerator program. They have an impressive team with strong commercial skills and a proven track record in building scalable businesses. Their energy management and storage solutions address the urgent pain of grid capacity limitations for C&I customers, which is reflected in their strong traction so far. We look forward to supporting Eddy Grid in expanding their business and impact on the energy transition.Max ter Horst, Managing Partner at Rockstart Energy
With Eddy Grid, companies can scale their access to energy while increasing OI on renewable investments. This is the way to a more sustainable future, a goal shared by the Graduate Entrepreneur fund.Auke van den Hout, Managing Partner at the Graduate Entrepreneur fund
Since 2014, Rockstart has been accelerating and investing in energy startups, which makes Rockstart a forerunner in the energy domain with 75 early-stage startup investments. Collectively, these portfolio companies have raised over €150 million to date. Rockstart Energy invests in and accelerates startups at the pre-seed stage and continues to support them alongside other investors until series B. On average, Rockstart invests in approximately 12 energy startups per year.
Eddy Grid is a new challenger in the energy storage market. Founded by an experienced 'growth' team (with senior experience at Booking.com, Tesla, Lightyear, and Red je Pakketje), the company aims to help build a more beautiful,
cleaner future. Eddy Grid is committed to building sufficient energy storage to guarantee stable and full access to renewable energy day and night. The company was established by Emma Wolthuizen, Jasper Cramwinckel, Maxim Sprey, Renno
About Rockstart
Rockstart is an early stage investor that empowers purpose-driven founders across three domains: Energy, AgriFood, and Emerging Technologies.
Rockstart invests in early-stage startups from each of the three funds and provides access to capital, market, and expertise by connecting founders with co-investors, mentors, partners, corporates, and the wider Rockstart network.
Rockstart has invested in more than 350 startups and its alumni value to date is more than €1.7bn. Rockstart is an international team of 45+ professionals dedicated to empowering purpose-driven founders to become scalable and drive positive change on a global scale. Rockstart has notable exits such asWercker, Dan.com, Hubs.Com, Bouw7, iClinic, and s and Brincr. The company has offices in Amsterdam, Copenhagen, and Bogota.
Contact details
-
Download vCard
- Felipe Santamaria
- Managing Director, Rockstart LatAm
- felipe@rockstart.com
- +57 318 3866940
Related topics
Related news
Circadian raises €1.25M to accelerate the energy transition for telecom towers in frontier markets
Rockstart announces its co-investment in Circadian, a Rockstart Energy portfolio company. The startup plans to use the funding to expand its SaaS data platform functionality and scale up operations...
Klimate.co secures €3.5 M in seed round to advance carbon removal technologies and ensure transparency
Rockstart announces its co-investment in Klimate.co, a Rockstart Energy portfolio company. The startup plans to use the funding to grow its team, scale internationally, and further develop Klimate....
Helio raises €4.9m round to revolutionize cloud computing
Rockstart announces its co-investment in Helio. The startup plans to use this funding to accelerate its market penetration, in areas like 3D rendering and AI while addressing cloud computing enviro...
IM Efficiency raises seed round to accelerate the use of solar energy in road freight transportation
Rockstart announces its co-investment in IM Efficiency, a Rockstart Energy portfolio company. The seed round was led by Brabant Development Agency (BOM), alongside Rockstart and other private inves...