Announced
Completed
Financials
Sources
Tags
Germany
Venture Capital
green energy
Renewable Energy Equipment
Completed
Friendly
Acquisition
Cross Border
Private
Private Equity
Minority
Synopsis
SE Ventures, a venture capital fund, led a $8m investment in Ostrom, a green energy provider, with participation from Union Square Ventures, Adjacent, J12, and Übermorgen. “As SE Ventures expands its portfolio in Europe, we are thrilled to invest in Ostrom, the new leading green energy provider in Germany. We are impressed by the execution bias and data-driven acumen of the management team. Their variable and dynamic tariff contracts bring both transparency and cheaper green electricity to German households and we are looking forward to partnering with them," Julien Cristiani, SE Ventures General Partner.
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