It’s been just under a year since the founders of ifesca raised the seed round for their start-up. At that time, a high six-fig­ure sum flowed into the com­pany from the Thuringian investor bm|t (bm‑t beteili­gungs­man­age­ment thürin­gen gmbh) from the Thuringian Start-up Fund.

In the first clos­ing of the Series A round, ifesca secured one mil­lion for the mar­ket launch of its in-house plat­form ifesca.AIVA. The ini­tial focus is on intel­li­gent cloud ser­vices with which energy com­pa­nies can cal­cu­late fore­casts for the future demand for elec­tric­ity, gas or heat in near real time. These form the basis for deci­sions on impor­tant rec­om­men­da­tions for action for energy trad­ing or power plant oper­a­tion, for exam­ple. The com­pa­nies can thus react more quickly to changes in the mar­ket or in the sup­ply situation.
bm|t is cur­rently lead­ing the round and invested from the Thuringian Growth Par­tic­i­pa­tion Fund, in which a total of EUR 37.5 mil­lion is avail­able for Thuringian growth companies.
In addi­tion to bm|t, a group of busi­ness angels con­sist­ing of Lück Invest GmbH, R.O.I GmbH, Paysmark Ver­wal­tungs- und Beteili­gungs­ge­sellschaft mbH and found­ing mem­ber TUPAIA Invest­ments GmbH also invested. A num­ber of ifesca employ­ees and part­ners made an addi­tional com­mit­ment with a co-invest­ment on their part.
Sebas­t­ian Rit­ter, Andreas Reuter and Clemens Kießhauer founded their com­pany with the par­tic­i­pa­tion of TUPAIA Invest­ments GmbH in Ilme­nau (Thuringia) in 2016.