About Lition
Lition is a company based in Berlin (Germany) founded in 2017 by Richard Lohwasser and Kyung-Hun Ha. Lition has raised $2 million across 2 funding rounds from investors including LongHash Ventures. Lition operates in a competitive market with competitors including Enmacc, Exnaton, Sunride, Conjoule and Peak Power, among others.
- Total Equity Funding$2M (USD)
in 2 rounds
- Latest Funding Round$2M (USD), Seed
Aug 2019
- Investors
Funding Insights of Lition
Lition has successfully raised a total of $2M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in August 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2M
- Total Rounds 2
- Last Round Seed — $2M
- First Round $2M
(Mar 2019)
- Investors Count 1
All 2 funding rounds of Lition with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2019 | $2M | Seed | – | LongHash Ventures | – |
| Mar 2019 | $2M | Token Sale | – | – | – |
1 investors in total: 1 institutional.
Investors in Lition
Lition has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include LongHash Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Blockchain startups are incubated and funded by the firm. | – | longhashventures.com | Singapore, Singapore |
Investor details for Lition
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Lition
2 people are tracked at Lition (2 in leadership).
| Name | Role | Group |
|---|---|---|
Richard Lohwasser | Co-Founder & CEO | Leadership |
Kyung-Hun Ha | Co-Founder & COO | Leadership |
Complete people profiles for Lition
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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Timeline of Lition
3 dated milestones of Lition across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Lition is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Seed, of $2.0M.
Competitors of Lition
Lition 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 Enmacc, Exnaton, Sunride, Conjoule and Peak Power, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| enmacc.com | 2016 | Munich, Germany | $7.82M | 49 | OTC energy trading platform for investors | |
| exnaton.com | 2017 | Zurich, Switzerland | – | – | AI SaaS platform for energy providers managing dynamic tariffs and EV charging. | |
| sunride.net | 2014 | Berlin, Germany | $562,561 | – | Software is developed to enable local solar power sales. | |
| conjoule.de | 2017 | Essen, Germany | $5.13M | – | Blockchain-based P2P energy trading is facilitated between producers and consumers. | |
| peakpower.io | 2022 | Berlin, Germany | – | – | Distributed energy balancing is enabled through smart asset usage. | |
| strombewegung.de | 2015 | Essen, Germany | – | 74 | Platform for comparing and choosing renewable energy supplier | |
| oeex.org | 2015 | Hamburg, Germany | $27,000 | – | Renewable energy is traded peer-to-peer via local neighborhood platforms. | |
| e-star.com | 1997 | Karlsruhe, Germany | – | – | A SaaS-based renewable energy trading platform is provided by E-Star. |
Detailed competitors of Lition
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Lition
Complete news archive for Lition
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to Lition
10 companies that operate in the same segment as Lition (Smart Grid & Transmission Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 1.96 B | – | – | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Renewable energy is supplied via app-based platform by OVO Energy. | 2009 | Bristol, England, United Kingdom | USD 515.61 M | – | – | |
AI and cloud-driven solutions for energy optimization are provided. | 2009 | Millbrae, California, United States | USD 228.56 M | USD 156.27 M | 569 | |
Distributed energy grids are provided for clean electricity and utilities. | 2010 | London, England, United Kingdom | USD 130.7 M | – | – | |
IoT-enabled distributed energy resource management solutions are provided. | 2011 | Redwood City, California, United States | USD 158.75 M | USD 2.47 M | 50 | |
End-to-end energy management solutions are provided for utilities worldwide. | 1896 | Zug, Zug, Switzerland | USD 1.03 B | USD 1.17 B | 6,300 | |
Solar-powered electricity is delivered via an app-based platform. | 2020 | Berlin, Berlin, Germany | USD 45.99 M | – | – | |
Provider of smart street lighting solutions | 1992 | Jaipur, Rajasthan, India | – | USD 504.88 M | 1,430 |
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Frequently Asked Questions about Lition
Lition was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Lition is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Richard Lohwasser is the current CEO of Lition. They have also founded this company.
Lition is a funded company, having raised a total of $2M across 2 funding rounds to date. The company's 1st funding round was a Token Sale of $2M, raised on Mar 2019.
A blockchain-based mass-market P2P trading platform was founded in 2017 in Berlin, Germany. Direct energy exchange is facilitated through the Lition energy ecosystem, with trading focused on green energy sources. Ethereum is utilized for blockchain communication in all transactions. Operations center on enabling peer-to-peer interactions in the renewable energy sector, supporting decentralized and secure exchanges across the platform.
Lition has 1 investor. Key investors include LongHash Ventures.