Tibo Energy, a Dutch developer of a next-generation Energy Management System (EMS) for industrial and commercial energy sites, has raised €6 million in seed funding.
In the Netherlands, grid congestion is already limiting business growth. Companies are facing multi-year delays for grid upgrades, increasing penalties for peak loads, and stalled expansion plans.
Tibo Energy’s software addresses this by unlocking additional capacity through real-time coordination of local energy assets, without the need for costly grid upgrades.
The platform combines an intuitive drag-and-drop Energy System Simulator with a real-time EMS powered by “Alice,” its proprietary optimisation algorithm. Alice updates control schedules every five minutes, dynamically managing energy flows using live data, price forecasts, and contract constraints.
The hardware-agnostic system scales easily across asset types like solar, batteries, and EV chargers. It empowers users to manage energy proactively, anticipating changes rather than just reacting, by steering assets based on predicted prices, grid constraints, and CO₂ intensity to maximise value.
Remco Eikhout, CEO and co-founder of Tibo Energy, thinks that infrastructure limitations shouldn’t hold back the energy transition, commenting:
With our AI engine Alice at the core, Tibo enables industrial players to leverage unused capacity, predict risks, and optimise in near real-time, whether managing a single battery or a full EnergyHub. This funding helps us bring that flexibility and resilience to more European customers.
Since launching in late 2023, Tibo has deployed its EMS on more than 30 industrial sites. Projects include multi-site implementations with Montea, and active EMS control at locations such as Intratuin.
Customers use the system to coordinate local production and consumption, monitor energy use, and automate decisions that previously required manual input. This leads to tangible results such as avoiding peak load penalties, optimising solar generation, and reducing operational costs.
Tibo is already in use across sectors such as logistics, retail, and light industry, with partners like Unica, Hoppenbrouwers, and Stantec actively collaborating on EMS project implementations. Geert Oerlemans, Innovation Manager System Integrations & Energy at Hoppenbrouwers, shared:
Thanks to Tibo Energy, we help customers facing grid congestion or maximum contracted capacity to achieve their sustainability goals.
The round was led by KOMPAS VC, with participation from Hitachi Ventures and WEPA Ventures, alongside existing investors SET Ventures and Speedinvest.
Sebastian Peck, Partner at KOMPAS VC, added:
Tibo gives industrial customers the tools to actively manage their energy use, even in constrained environments. With the rise of grid congestion and decentralisation, this kind of intelligence is no longer optional—it’s essential.
Next to the investment by the Family Venture Capital firm WEPA Ventures, Tibo Energy and WEPA Group entered into a broader industry cooperation to explore innovative industrial energy solutions, highlighting the synergy between family business VC investing and value-added start-up cooperation.
The new funding will support Tibo’s expansion into Germany and Belgium and enable the growth of the team. The company also plans to enhance its EMS with plug-and-play modules for new use cases, such as fleet charging coordination, e-boiler control, and advanced visualisation through Power BI, providing users with more flexibility to adapt their energy systems to operational demands.
Would you like to write the first comment?
Login to post comments