NeedEnergy
Increasing Clean Energy Access through AI.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 Valuation: €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | Growth Equity VC | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 17 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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NeedEnergy.io is a forward-thinking startup based in Zimbabwe, specializing in intelligent energy solutions. The company focuses on providing innovative energy management and monitoring services, leveraging advanced technologies like artificial intelligence (AI) and machine learning. NeedEnergy aims to revolutionize how energy is consumed and managed, offering clients greater independence from the traditional power grid, which often struggles with consistency.
The primary clients of NeedEnergy include businesses and enterprises looking for reliable and sustainable energy solutions. These clients benefit from NeedEnergy's ability to set up Distributed Energy Resources (DERs), which are small-scale technologies that generate electricity close to where it is used. This approach not only ensures a more stable power supply but also promotes the use of renewable and clean energy sources.
NeedEnergy operates in the energy technology market, focusing on regions where energy supply is inconsistent and unreliable. By providing a platform for energy consumption monitoring and management, the company helps clients optimize their energy use, reduce costs, and minimize their carbon footprint.
The business model of NeedEnergy revolves around offering "Energy and Power as a Service." This means clients pay for the energy services they use, rather than investing in expensive infrastructure. The company makes money through subscription fees for its monitoring services, as well as through fees for setting up and maintaining distributed energy systems.
In addition, NeedEnergy is developing a platform for energy trading among virtual networks, allowing clients to buy and sell excess energy. This not only provides an additional revenue stream for the company but also fosters a more resilient and flexible energy ecosystem.
In summary, NeedEnergy.io is at the forefront of intelligent energy solutions, providing businesses in Zimbabwe with reliable, clean, and sustainable power through advanced technology and innovative business models.
Keywords: Intelligent Energy, AI, Machine Learning, Distributed Energy, Renewable Energy, Energy Monitoring, Power as a Service, Energy Trading, Sustainable Power, Zimbabwe.