About 50Hertz
50Hertz is a company based in Berlin (Germany) founded in 2010 was acquired by Elia in March 2010. It operates as a Managed Services. 50Hertz offers products and services including Grid Development, System Control, and Balancing Reserve.
- Headquarter Berlin, Germany
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name 50Hertz Transmission Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$40.82 M (USD), Grant
Nov 10, 2017
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Investors
European Union
& 2 more
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Employee Count
Employee Count
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Acquired by
Elia
(Mar 12, 2010)
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Products & Services of 50Hertz
50Hertz offers a comprehensive portfolio of products and services, including Grid Development, System Control, and Balancing Reserve. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Grid development projects are managed for energy transmission.
System control services are provided for grid stability.
Balancing reserve services are offered for energy reliability.
Funding Insights of 50Hertz
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $40.8M
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First Round
First Round
(11 Oct 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Grant - 50Hertz | Valuation |
investors |
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| Oct, 2017 | Amount | Grant - 50Hertz | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 50Hertz
50Hertz has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, IFM Investors and Elia. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multiple sectors including healthcare are invested in by IFM Investors.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Elia is recognized as Belgium's electricity transmission system operator.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 50Hertz
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 50Hertz
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
50Hertz Comparisons
Competitors of 50Hertz
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 50Hertz
When was 50Hertz founded?
50Hertz was founded in 2010 and raised its 1st funding round 7 years after it was founded.
Where is 50Hertz located?
50Hertz is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
What does 50Hertz do?
50Hertz is involved in the development and management of energy transmission grids, focusing on both onshore and offshore projects. The company operates in the renewable energy sector, providing system control, balancing reserve services, and grid infrastructure solutions. Various projects such as SuedOstLink, NordOstLink, and offshore connections like Ostwind are managed to ensure reliable energy supply and support the transition to sustainable energy systems in Germany.
What products or services does 50Hertz offer?
50Hertz offers Grid Development, System Control, and Balancing Reserve.
Who are 50Hertz's investors?
50Hertz has 3 investors. Key investors include European Union, IFM Investors, and Elia.
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