About EET
EET is a company based in Graz (Austria) founded in 2017 by Christoph Grimmer, Stephan Weinberger, and Florian Gebetsroither.. EET offers products and services including SolMate. EET operates in a competitive market with competitors including Enery, Energie Graz, SOLAVOLTA, AustriaEnergy and INNO ROOMZ, among others.
- Headquarter Graz, Austria
- Founders Christoph Grimmer, Stephan Weinberger, Florian Gebetsroither
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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
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- Legal Name Efficient Energy Technology 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
$53.33 K (USD), Grant
Mar 01, 2023
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Products & Services of EET
EET offers a comprehensive portfolio of products and services, including SolMate. 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.
Plug-and-play device for optimizing and storing solar energy at home.
Funding Insights of EET
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $53,333
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First Round
First Round
(01 Aug 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2023 | Amount | Grant - EET | Valuation |
investors |
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| Jan, 2020 | Amount | Grant - EET | Valuation |
investors |
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| Aug, 2019 | Amount | Grant - EET | 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 EET
EET has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and EIC Fund. 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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Government agency and accelerator focusing on innovative startups and SMEs
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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 |
| 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 EET
| 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 - EET
| 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 |
Eet Comparisons
Competitors of EET
EET operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Enery, Energie Graz, SOLAVOLTA, AustriaEnergy and INNO ROOMZ, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Solar energy projects are developed by Enery in Austria.
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| domain | founded_year | HQ Location |
Solar and wind energy projects are developed in Austria.
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| domain | founded_year | HQ Location |
Solar PV modules are manufactured in Austria since 2008.
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| domain | founded_year | HQ Location |
Develops innovative technologies for solar and wind energy projects.
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| domain | founded_year | HQ Location |
Solar and wind energy projects are developed by the company.
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| 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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Latest news on Eet
Frequently Asked Questions about EET
When was EET founded?
EET was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is EET located?
EET is headquartered in Graz, Austria. It is registered at Graz, Styria, Austria.
What does EET do?
EET was founded in 2017 in Graz, Austria, focusing on the solar energy sector. Installation services for solar panels and related products are provided across the region. Operations center on residential and commercial setups, with emphasis on efficient integration and maintenance. The company is led by co-founders Christoph Grimmer, Stephan Weinberger, and Florian Gebetsroither, supporting sustainable energy transitions in local markets.
Who are the top competitors of EET?
EET's top competitors include Enery, SOLAVOLTA and Energie Graz.
What products or services does EET offer?
EET offers SolMate.
Who are EET's investors?
EET has 2 investors. Key investors include European Union, and EIC Fund.
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