envelio is a spin-off from RWTH Aachen University founded in 2017 and based in Köln, Germany, that provides distribution system operators with an Intelligent Grid Platform (IGP) to digitize energy grids and related planning and operations processes. The IGP comprises three components: IGP Data Quality, which automatically builds digital twins of real electricity infrastructure and identifies and corrects data errors and inconsistencies; IGP Planning, which automates and accelerates grid planning from weeks to minutes; and IGP Operation apps, which provide forecasting, real-time monitoring and congestion management. Led by co‑founders Dr. Fabian Potratz (CTO) and Dr. Simon Koopmann (CEO), the company serves German and international grid operators including Westnetz, E.DIS, Enel, Iberdrola and EDP. envelio has 44 employees. The company intends to use new funding to ramp up its international presence and provide dedicated resources to customers across Europe, Asia, and North and South America. envelio develops an Intelligent Grid Platform (IGP) that uses optimization and machine learning to help grid operators digitalize energy planning and operations. The platform targets utilities and grid operators, with customers including Westnetz of the innogy group, E.DIS (a subsidiary of E.ON) and several German municipal utilities. The company raised €1m in funding from High‑Tech Gründerfonds and Demeter to support product development and growth. It intends to use the proceeds to further develop the IGP and accelerate expansion in Germany and across Europe. Founded in April 2017 as a spin‑off from RWTH Aachen University and based in Köln, Germany, envelio is led by Co‑Founder and CEO Dr. Simon Koopmann. The startup now has 15 employees.

Total raised

$8M

Funding rounds

2

Latest round

Series A

Latest activity

Dec 2019