How did you come up with the name of your startup?Įchnaton was an Egyptian pharaoh that put the sun above all gods which we thought fit with our focus on solar energy. Probably Brave New World by Aldous Huxley. I like some of the podcasts by Die Zeit, like “Was jetzt?”, “Alles gesagt” and “Servus, Grüezi, Hallo.” What is one thing not many people know about you? Besides these achievements, we have won numerous startup awards and raised our first financing round last year with Global Founders Capital as a lead investor. We are on track to become the dominant provider of energy-sharing solutions in Europe.
Venture forthe software#
We are already an official SAP partner and offer our software as an add-on for SAP for utilities. We already work with 15 utility companies across four European countries and have converted our first customers to a recurring SaaS subscription with multi-year contracts. That is why we see huge growth potential for our software in the European countries and plan on expanding country by country into new markets. The residential energy market in Europe is huge as every single household consumes energy and will need to move to renewables in the next years. Our customers use our software to create new products for their residential end-customers, i.e. We are currently selling our software to medium to large energy providers (also ‘utility company’) in Switzerland, Austria, Germany, and Luxembourg. Which market are you addressing and what is the potential of your startup?
We have grown into an amazing team who shares the vision of using technology for something impactful and who helps us build a scalable and sustainable business. From then on, we started hiring our first team members step by step, first mostly in the technical team, and by now also on the business/sales side. The three co-founders, Arne, Liliane, and I, have been working together for years during their PhDs and so we already knew each other very well when we started the company. It is very motivating to work on such a relevant and exciting topic I am most excited about bringing our solution to more and more users and about expanding our footprint into other European markets, to help mitigate the energy crisis which is currently going on. What are you most excited about at work right now? With our solution, utilities are getting themselves futures-proof for a sustainable, decentralized energy market. With the increasing share of renewables in the energy supply mix, existing tariff structures are largely outdated, and wholesale market prices are becoming more and more volatile. Our software helps utility companies to offer new products around renewable energy, for instance, energy sharing models or dynamic tariffs. Who does your product or solution help, and how? In addition, we are currently expanding into other European countries, so it will be great to expand our international network in the industry. I am looking forward to connecting with other climate tech startups, as I am sure we share similar questions and problems. What do you expect from the Venture Leaders roadshow, and how will it help you achieve your vision? research and we felt like there was huge potential in providing software for energy providers to push forward the integration of renewable energy sources.
How and where did you come up with the idea for your startup?Īrne, Liliane, and I worked on this topic during our Ph.D. With our software, energy providers can set up energy communities in which households can share renewable energy from local assets like solar panels, biomass plants, or storage systems and pay dynamic real-time prices depending on whether renewable energy is available. from ETH Zurich in 2020įirst touchpoint with Venturelab: Venture Kick in 2020Įxplain in one or two short sentences what your startup does and why: We build software for energy providers to enable them to offer new products around renewables to their end customers. Allow us to introduce you to each of the Venture Leaders Cleantech 2022 ahead of the October 2022 roadshow in Munich: Meet Anselma Wörner, the co-founder and COO of Exnaton. During their roadshow, the Venture Leaders Cleantech will meet international investors and industry leaders and access industry-specific expertise and networks to grow their companies. The Swiss National Startup Team welcomes new members: A jury selected 10 startups for the Venture Leaders program dedicated to the cleantech sector.
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