SET portfolio company, Tibo Energy has raised €6 million in Seed funding to expand into Germany and Belgium and further scale its technology. Tibo is a Dutch developer of a next-generation Energy Management System (EMS) for industrial and commercial energy sites. The company helps businesses unlock additional energy capacity from their existing infrastructure by intelligently managing distributed assets.
Grid congestion is already limiting business growth in the Netherlands, where companies face multi-year delays for grid upgrades, mounting penalties for peak loads and stalled expansion plans. Tibo Energy offers a way out: software that unlocks extra capacity by steering local energy assets in real time, without requiring a grid upgrade. Early signs from Germany and Spain suggest this challenge is spreading fast.
Tibo’s platform combines a drag-and-drop Energy System Simulator with a real-time EMS powered by “Alice,” the company’s proprietary optimisation algorithm. Alice updates control schedules every five minutes and adjusts energy flows dynamically, based on live data, forecasted prices and contract constraints. The system is hardware-agnostic and designed to scale across different asset types and configurations, including solar, batteries and EV charging. This gives users control over energy use at a strategic level, not just by reacting to what happens, but by anticipating it. The system steers assets based on predicted prices, grid limits and CO₂ intensity, so energy always goes where it delivers the most value.
“Infrastructure limitations shouldn’t hold back the energy transition,” said Remco Eikhout, CEO and co-founder of Tibo Energy. “With our AI engine Alice at the core, Tibo enables industrial players to leverage unused capacity, predict risks and optimise in near real-time, whether managing a single battery or a full EnergyHub. This funding helps us bring that flexibility and resilience to more European customers.”
Since launching in late 2023, Tibo has deployed its EMS on dozens of industrial sites. Projects include multi-site implementations with Montea and active EMS control at locations such as Intratuin. Customers use the system to coordinate local production and consumption, monitor energy use and automate decisions that previously required manual input. Achieving tangible results such as avoiding peak load penalties, optimising solar generation and cutting operational costs.
Partners such as Unica, Hoppenbrouwers and Stantec are actively working with Tibo to implement EMS projects across logistics, retail and light industry. “Thanks to Tibo Energy, we help customers facing grid congestion or maximum contracted capacity to achieve their sustainability goals,” said Geert Oerlemans, Innovation Manager System Integrations & Energy at Hoppenbrouwers.
After proving its value in the field, Tibo is now scaling up with fresh capital. The €6 million Seed round was led by KOMPAS VC with participation from Hitachi Ventures and WEPA Ventures, alongside existing investors SET Ventures and Speedinvest. Next to the investment by the Family Venture Capital firm WEPA Ventures, Tibo Energy and WEPA Group entered into a broader industry cooperation to explore innovative industrial energy solutions, highlighting the synergy between family business VC investing and value-add start-up cooperation.
In addition to expanding into new geographies, the funding will be used to double Tibo’s team over the next 12 months, with hires across engineering, sales and product. On the product side, Tibo will expand its EMS with plug-and-play modules for new use cases, including fleet charging coordination, e-boiler control and advanced visualisation via PowerBI—giving users more ways to tailor their energy setup to operational needs.
Sebastian Peck, Partner at KOMPAS VC, added: “Tibo gives industrial customers the tools to actively manage their energy use, even in constrained environments. With the rise of grid congestion and decentralisation, this kind of intelligence is no longer optional—it’s essential.”
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About Tibo Energy
Founded in 2022 by Remco Eikhout, Jeroen Althusius, Josh Mengerink, Linda Zandt-Sloot and Bram Cappers, Tibo Energy develops AI-driven software to simulate and control decentralised energy grids. Based at Eindhoven University with a team of 30, Tibo helps industrial and commercial customers unlock greater capacity, optimise energy use, and accelerate the energy transition. Since launching its platform in late 2023, Tibo Energy has delivered measurable results for clients across Europe—enabling more flexible energy use, faster decarbonisation, and smarter infrastructure planning.
For more information, visit https://tibo.energy/
Media Contact:
Renée Müller
Head of Marketing
r.muller@tibo.energy
