Orus Energy Raises €2.2M in Pre-Seed Round
Orus Energy, a Paris, France-based AI-powered energy flexibility platform, raised €2.2 million in pre-seed funding.
Orus Energy, a Paris, France-based AI-powered energy flexibility platform, raised €2.2 million in pre-seed funding.
Investors
The round was led by b2venture, Asterion Ventures, and Ring Capital, with participation from several angel investors from the industry, including Pierre Trémolières (Accenta.ai) and Myriam Maestroni (e5t).
b2venture is an early-stage venture capital firm, supported by an unparalleled community of angel investors. Spanning both the worlds of tech and industry.
Founded in 2020, Asterion Ventures is a venture capital firm based in Paris, France. The firm invests in the climate technology sector.
Ring Capital is a venture capital investment firm based in Paris, France. Founded in 2017, the firm seeks to invest in technology, web, and digital brands operating in France.
Orus Energy Use of Funds
The company will use the funding to accelerate its deployment and product development and help build out its 20-person core team by the end of 2025 to meet customer demand.
About Orus Energy
Orus Energy specializes in AI-powered energy flexibility solutions for commercial buildings. Founded in 2023, the company focuses on optimizing how buildings interact with electricity markets. Their platform aggregates flexibility across multiple buildings, using machine learning to predict and manage electricity consumption.
Funding Details
Company: Orus Energy SAS
Raised: €2.2M
Round: Pre-Seed Round
Funding Month: July 2024
Lead Investors: b2venture, Asterion Ventures, Ring Capital
Additional Investors: Pierre Trémolières, Myriam Maestroni
Company Website: https://www.orus-energy.com/
Software Category: Energy Flexibility Solutions
