Instagrid is using the new funds to drive its international expansion in Europe and the US. As a result, instagrid’s total funding rises to more than $45 million (€40 million). The round is being led by Energy Impact Partners (EIP), a U.S.-based venture capital firm investing in businesses building a sustainable future. Ludwigsburg, – instagrid, a leader in high-performance mobile battery systems in the professional sector, announced today its Series B financing of approximately $33 million (€29 million). This funding will drive the international expansion of the company and the development of new, scalable business models.Climate tech investor Energy Impact Partners led the financing round.The technology offers mobile power supply from renewable sources that is entirely disconnected from the power grid.Instagrid, the Ludwigsburg-based off-grid battery expert, raises $33 million in a Series B financing round.After intensive research and development, first successful prototypes and 2 patents, Poligy GmbH was founded in 2018 by Martin Huber and Artur Steffen.Set News | 7 February 2022 Instagrid raises €29M Series B In 2012 the idea of the bipolymer was born by Martin Huber, one of the co-founders of Poligy. Thereby leading to a substitution of energy from other (fossil) sources. The BipolymerEngine technology contributes to an increased energy-efficiency of industrial processes, through energy generation from a to date unused waste heat. Integrated into a heat engine, this bending effect is used to produce electricity via a generator.īipolymerEngine is an innovative waste heat recovery technology for application in various industries. This is achieved with the help of an innovative and patented material that bends between temperature ranges of 50-150☌ – the Bipolymer. Poligy GmbH develops a technology for recovering industrial low-grade waste heat with the help of BipolymerEngine. Name of the case: Bipolymer Heat Engine – Recovering industrial waste heat for power generation. In the atmosphere NO slowly oxidizes to NO2. Nitric oxide NO in a certain amount is formed in the furnaces of boilers and cylinders of the internal combustion engine. Despite the use of various filters and catalysts for exhaust gases, in manufacturing and automotive industry, it is already a major problem for large cities having a large concentration of industrial activities and vehicles, using all types of fuel.īesides CO2, one of the most harmful emissions of industry and vehicles are the oxides of nitrogen (NO and NO2), which creates photochemical smog. Harmful emissions from the combustion of fuels is well knows threat for the ecosystem. Reducing these costs is the main goal for heat and energy producers and any other production company, that uses heat in the production process. Technology is applicable to all type of combustion chambers, from big industrial furnace to small boilers and combustion engines.įuel consumption and CO2 emissions are the primary costs for heat and energy production. We have an innovative solution to provide fuel savings of about 15-17% and almost complete reduction of NOx emissions and 2 times reduced COx emissions. OBF Technology is an engineering company, improving mature technologies in heat and energy industries. Name of the case: 50% reduced emissions from heat and energy production The re-charge time for the device is 8 hours or less. With no need for active cooling the design is waterproof (IP67 rating) and free of maintenance. It is connected to the internet, supporting professionals in administration and inventory management, e.g. Light and compact, it can be carried with only one hand and is truly mobile. The company offers grid-like power delivered from a portable source, with solutions for the construction industry, event organisers, gardeners, fire brigades, disaster recovery and humanitarian organisations.Ĭombining high-power batteries with a unique inverter technology, our system provides grid-like power, while the weight of the device is just 15 kg. ![]() instagrid’s robust solution far exceeds the technical specifications and capabilities of what is available on the market today. In many industries, professional workers are dependent on a reliable and simple power supply. instagrid products offer simple, flexible and emission-free access to electric power for professionals on the move. ![]() Instagrid has developed the world’s most advanced portable power pack to replace highly polluting petrol and diesel generators. Name of the case: Instagrid portable battery power supply for professional applications
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