[Funding alert] Austrian-based eFriends Raises Fresh Fund

Leading the investment was Wienerberger and VERBUND X Ventures, with participation from Raiffeisen Ware Austria (RWA) and the venture capital firm Rockstart.

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eFriends envisions a decentralised energy future in which a range of stakeholders, including small enterprises, industries, and private consumers, work together in real-time to produce and consume energy.

The energy transition vision of eFriends depends on investment. Leaders in the building sector Wienerberger and seasoned energy provider VERBUND X Ventures make excellent partners. Collectively, eFriends seeks to incorporate energy-related factors into all building, remodelling, and conversion projects.

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eFriends mentions in a statement, “Together we will achieve a lot. Our strong community is the foundation for our positive development so far. We are convinced that we will continue on this path with the new partners and that we will successfully scale our platform nationally and internationally. Together for a better world!”

About eFriends

The first utility to provide real-time energy sharing, buying, selling, and trading between prosumers is eFRIENDS energy. As an energy provider in Austria, eFRIENDS energy caters to all homes, regardless of whether they have solar power installed on their property or not. They can also live in an apartment or building without solar power.

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