Annea offers a digital twin platform that enables automated predictive maintenance and performance optimization for renewable energy assets. Its technology combines renewable-energy industry knowledge with engineering, machine learning, and reliability modeling focused on predictive maintenance. The company is led by CEO Maik Reder and COO Marcel Frenzel. Founded in 2019 and based in Hamburg and Lisbon, Annea is active across Europe, North America, and Southeast Asia. It plans to use recent funding to strengthen its U.S. foothold, expand its established position across Europe (including Germany, Spain, Portugal, and the U.K.), and grow in Southeast Asia. ANNEA, founded in 2019 and operating from Hamburg and Lisbon, offers an all‑in‑one platform to reduce O&M costs for wind and solar assets. The platform creates digital twins from existing sensor data and combines machine learning with physics‑based modelling to predict malfunctions up to 12 months ahead. ANNEA reports it can derive remaining useful lifetime at the component level with 99.9% accuracy and can ingest drone images into an image recognition module for automated structural‑damage analysis. The system produces actionable maintenance and repair recommendations via an intuitive user interface to improve reliability and cost‑effectiveness. The company has secured €1 million of fresh funding co‑led by Faber and Innopart. ANNEA plans to use the capital to expand its team, scale the platform to global industry players, and aims to become the leading international predictive maintenance company in the renewable energy sector by 2025.

Total raised

$4M

Funding rounds

2

Latest round

Seed

Latest activity

Dec 2023