Raicoon, a Vienna, Austria-based climate-tech company and provider of autonomous solar operations, raised €4M in Seed funding.
PUSH VC, Voltares and a private family office contributed to the funding round.
The company intends to use the funds for:
- Software Upgrades: Advancing the AI and ML capabilities that define raicoon AOC.
- Self-Service SaaS: A new self-service portal designed to democratize access to autonomous energy management.
- Global Reach: Deepening presence in the U.S. and APAC, backed by a new U.S. entity and an APAC subsidiary. Further scale the transformative solution worldwide.
- Team Expansion: Enhancing customer support, establishing a global commercial sales organization, boosting software development.
Led by Ralf Tschanun, CEO, Raicoon offers an autonomous operations center (AOC) that works for solar PV operations with AI technology. Its cloud-based B2B SaaS platform enhances energy yields while reducing Operational Expenditure (OPEX), enabling solar power plants to operate more efficiently and profitably.
FinSMEs
10/10/2023