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Stage

Angel - II | Alive

Total Raised

$460K

Last Raised

$290K | 3 yrs ago

About eFriends

eFriends is an eco-electricity provider that allows the direct exchange and trading of privately generated solar power and balances with hydropower, should the amount of electricity be insufficient.

Headquarters Location

Nappersdorf 51

Nappersdorf, 2023,

Austria

+43 2953 20102

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ESPs containing eFriends

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Energy / Electric & Utilities Tech

Hydropower is a renewable energy source that generates electricity by harnessing the power of moving water. It involves the use of dams, turbines, and generators to convert the kinetic energy of water into electrical energy. Hydropower is a widely used source of electricity around the world and is considered to be a clean and sustainable alternative to fossil fuels.

eFriends named as Outperformer among 4 other companies, including Emrgy, aventron, and Natel Energy.

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Expert Collections containing eFriends

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

eFriends is included in 3 Expert Collections, including Renewable Energy.

R

Renewable Energy

2,920 items

Companies in the Renewable Energy space, including solar, wind, hydro, geothermal, and nuclear energy providers, as well as related software developers.

G

Grid and Utility

1,070 items

Companies that are developing and implementing new technologies to optimize the grid and utility sector. This includes, but is not limited to, distributed energy resources, infrastructure security, utility asset management, grid inspection, energy efficiency, grid storage, etc.

F

Fintech

12,418 items

Excludes US-based companies

Latest eFriends News

CMS Advises eFriends on Sale of 24% Stake to Raiffeisen Ware Austria

Oct 27, 2020

Details Share This CMS has advised green electricity provider eFriends on the sale of a 24% stake to RWA Raiffeisen Ware Austria. Financial terms were not disclosed. According to CMS, the transaction has been described as “forward-looking” in the energy sector, and the firm reported that it “provides important impulses to further promote the sustainable production and distribution of regional solar electricity in Austria.” The eFriends company enables “direct exchange and sale of solar power on a private basis,” reports CMS. “Users can share self-produced surplus solar power with other users in real-time. All that is required is the 'eFriends Energy Control,' which is simply installed in the distribution panel. With 500 participating households, eFriends is currently the largest (private) energy community in Austria.” CMS’s team included Partner Johannes Trenkwalder, Attorney Georg Gutfleisch, and Senior Associate Sanela Fuerstenberg. CMS did not reply to our inquiry on the matter.

eFriends Frequently Asked Questions (FAQ)

  • Where is eFriends's headquarters?

    eFriends's headquarters is located at Nappersdorf 51, Nappersdorf.

  • What is eFriends's latest funding round?

    eFriends's latest funding round is Angel - II.

  • How much did eFriends raise?

    eFriends raised a total of $460K.

  • Who are the investors of eFriends?

    Investors of eFriends include Conda, Leo Hillinger and Martin Rohla.

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  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
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