About Ngenic
Ngenic is a company based in Uppsala (Sweden) founded in 2010 by Olle Lindbom. Ngenic has raised $1.65 million across 2 funding rounds from investors including Vinnova and Uppsala University Invest. Ngenic offers products and services including Ngenic Tune, Ngenic Track, Tune Highrise, and Gridtuner. Ngenic operates in a competitive market with competitors including ecobee, MRI Software, Savant Systems, Span.IO and Tibber, among others.
- Headquarter Uppsala, Sweden
- Founders Olle Lindbom
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Sectors
Business ServicesEnergy & Utilities Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$1.65 M (USD)
in 2 rounds
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Latest Funding Round
$859.67 K (USD), Seed
Apr 26, 2016
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Investors
Vinnova
& 1 more
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Employee Count
Not available
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Products & Services of Ngenic
Ngenic offers a comprehensive portfolio of products and services, including Ngenic Tune, Ngenic Track, Tune Highrise, and Gridtuner.
Controls home heating to optimize energy use and reduce costs.
Tracks real-time energy consumption for better management and savings.
Manages energy in large buildings for efficient operations.
Optimizes energy networks to support sustainable practices.
People of Ngenic
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Funding Insights of Ngenic
Ngenic has successfully raised a total of $1.65M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $859.67 thousand completed in April 2016. 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.
Investors in Ngenic
Ngenic has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Vinnova and Uppsala University Invest.
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Venture capital funding is provided to Swedish companies across sectors.
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Early-stage companies from Uppsala University are supported with investments.
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Investor details for Ngenic
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Investments & Acquisitions by Ngenic
Investment portfolio details for Ngenic
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Financial Statements - Ngenic
Detailed financials for Ngenic
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Ngenic Comparisons
Peer comparison for Ngenic
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Competitors of Ngenic
Ngenic 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 ecobee, MRI Software, Savant Systems, Span.IO and Tibber, among others.
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Provider of smart thermostats for commercial and residential applications
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Property management software is provided for residential and commercial properties.
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Connected devices are managed via an app and hub system.
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Smart panels for home energy management are provided by Span.IO.
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Provider of solutions for energy monitoring for residential building
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Smart home products for security and energy efficiency are provided.
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Detailed competitors of Ngenic
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Latest news on Ngenic
Complete news archive for Ngenic
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Frequently Asked Questions about Ngenic
Ngenic was founded in 2010.
Ngenic is headquartered in Uppsala, Sweden. It is registered at Uppsala, Uppsala County, Sweden.
Bjorn Berg is the current CEO of Ngenic.
Ngenic is a funded company, having raised a total of $1.65M across 2 funding rounds to date.
Ngenic was founded in 2010 in Uppsala, Sweden, focusing on smart home technology. The Tune system is utilized to regulate indoor temperatures through sensors that detect heat and sunlight, a gateway connected to the cloud, and a control unit integrated with heating systems. Users access monitoring and adjustments via a smartphone application. Operations center on energy-efficient home climate solutions in the residential sector.
Ngenic offers Ngenic Tune, Ngenic Track, Tune Highrise, and Gridtuner.
Ngenic has 2 investors. Key investors include Vinnova, and Uppsala University Invest.