Portfolio News | 25 May 2023

ESFORIN raises €7.5M Series B

The founder Christian Hövelhaus has now collected 7.5 million euros in fresh capital from investors. He wants to use the money to expand into other markets. Read the full release here.

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TRUNKRS RAISES €15M FROM KORYS, VP CAPITAL AND SET

Nieuwegein/Halle, 9 June 2022 – Trunkrs, specialist in Same Day & Next Day delivery for the e-commerce sector, has successfully raised EUR 15 million in a Series B funding round. This funding round was led by Korys, the Belgian investment company of the Colruyt family. Aside from Korys, the other participants were VP Capital, the Family office of the Van Puijenbroek family and the Amsterdam-based SET Ventures, that has invested in Trunkrs previously. IMPROVED Corporate Finance advised and supported Trunkrs in raising the financing. Trunkrs is a leading parcel delivery partner to premium e-commerce parties in the Netherlands. Many webshops, Mediamarkt’s webshop among others, entrust Trunkrs with the fast and reliable delivery of their parcels. The company expanded its activities to Flanders in 2021. The capital raised will enable Trunkrs to maintain and improve its position as market leader in the Benelux. The company will also use the investment to […]

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SET INVESTS IN ENERGY FLEXIBILITY LEADER ESFORIN

Essen, Germany – April 20, 2021 – ESFORIN SE, the leading European provider of flexibility solutions for the power sector, today announced it raised a growth equity round led by SET Ventures with participation from sonnen founder Christoph Ostermann and existing shareholders. With the funding, ESFORIN will expand its team, scale up client engagement and delivery capabilities and invest in international expansion to strengthen its market leadership. Balancing supply and demand in an increasingly dynamic energy system powered by renewable generation is a complex challenge. ESFORIN operates an automated system to monetize the flexibility of industrial and generation energy assets for their clients on the intraday markets through algorithmic trading. This enables a far wider range of energy assets to contribute to the stability of the energy system than only the assets that meet the strict technical requirements for the control need of grid operators. ESFORIN was started in 2015 […]

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INSTAGRID RAISES €8.5M ROUND LED BY SET

Amsterdam, the Netherlands – February 4, 2020 – instagrid, the portable power company, today announced €8.5 million in Series A funding, led by SET Ventures with participation from High-Tech Gründerfonds, Segnalita Ventures, and a German family office. With the funding, instagrid will expand its team, scale up production and amplify its contribution to the mobile power revolution and energy transition. Stuttgart-based instagrid GmbH has developed the world’s most advanced portable power pack to replace highly polluting petrol and diesel generators. Instagrid products offer simple, flexible and emission-free access to grid-like power for professionals on the move. Founded in January 2018 by Dr. Sebastian Berning and Dr. Andreas Sedlmayr, instagrid specialises in the development of portable battery equipment, offering a mobile power supply for people working in temporary locations. In many industries, professional workers are dependent on a reliable and simple power supply. Instagrid’s robust solution far exceeds the technical specifications and capabilities […]

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GENERAL FUSION CLOSES $65M OF SERIES E FINANCING

FUNDING ENABLES THE COMPANY’S FUSION DEMONSTRATION PLANT VANCOUVER, CANADA – 16 December, 2019 – General Fusion announced that it has successfully closed USD$65 million of Series E equity financing. The financing was led by Temasek, a global investment company headquartered in Singapore. This USD$65 million of new financing, together with the release of CAD$50 million in additional investment from Canada’s Strategic Innovation Fund, enables the Company to formally launch the program to design, construct, and subsequently operate its Fusion Demonstration Plant. This prototype facility is intended to confirm the performance of General Fusion’s magnetized target fusion technology in a power plant relevant environment. Pursuit of this next important step toward commercially viable fusion energy reflects the growing global collaboration between public and private stakeholders in this transformative technology. General Fusion has attracted more than USD$200 million in funding to develop its practical approach to fusion energy. “The world is pivoting toward […]

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