Northaven
Northaven forecasts flexibility on a distribution network and dispatches it, so a utility can defer building copper it does not need yet.
What we saw in Northaven.
Grid operators are told to connect more load than their networks can carry. The honest answers are new cable, which takes years, or better use of what is already there.
Signe built the forecasting models inside a Danish utility and had already proved the approach on a real network before starting the company. Tobias had run the procurement side of exactly this problem.
The sales cycle is long and we underwrote it that way. Two years in, the contracts renew, which in this market is the only signal that counts.
The company in short.
- Founded
- 2021, Copenhagen
- Founders
- Signe Vinter and Lars Holm
- Sector
- Climate
- First cheque
- Seed, 2022
- Our role
- Co-led the seed with a European energy fund
- Partner
- Tobias Lund
- Status
- Active
- Website
- northaven.energy
How Northaven has moved.
Spun out of a Danish distribution operator with the pilot data intact.
Rifatela co-led the $5M seed round.
Live on eleven networks across Denmark, Germany, and the Netherlands.
“Tobias knew our buyer better than we did. He warned us which committee would stall the contract, and he was right, twice.”
Signe Vinter, cofounder and CEO, Northaven
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