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Synergi raises €2M to plug European homes and utilities into flexibility markets

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The seed funding round was led by Greencode Ventures, a pan-European, article 9, venture capital firm specializing in green transition solutions, with participation from Vaens, a Finnish family office, alongside existing investorsFinancing will boost Synergi’s recruitment efforts and expansion into flexibility markets across the Nordics and central European countries

HELSINKI, Oct. 8, 2024 /PRNewswire/ — Synergi, a Finnish tech company accelerating the transition toward sustainable energy sources with smart and flexible software for consumers and utilities, announces the completion of its €2M seed funding round. Greencode Ventures led the round, while Vaens joined as a new follower. Existing investors Lifeline Ventures, APX (the first-cheque investor of Porsche and Axel Springer), and Wave Ventures also participated in the round.

 

 

The EU has set targets to decarbonize its energy system through electrification and renewables adoption. Electrification will lead to a 60% increase in electricity demand by 2030, which existing grids will need help integrating. However, adopting renewable energy sources will make electricity demand increasingly unpredictable. Fortunately, customer-owned home-energy assets have opened a new possibility: household flexibility. In the form of VPPs (virtual power plants) that aggregate loads of home energy assets, consumers can be nudged and rewarded to change consumption habits and relieve the grid during peak times.

Aware of this need, Synergi launched its platform in 2023 to encourage households and utilities to participate in the green transition using their home energy assets flexibly, such as electric vehicles, heat pumps, and solar panels. To assist households in optimizing energy use during cheaper and greener periods, the company released the “Synergi app.” The app has helped thousands of European users save 50% on EV charging and 20% on heating costs annually.

“We want to help consumers and utilities benefit from providing flexibility to the grid. Previously, this was not possible. Soon, utilities can generate revenue from flexibility markets by aggregating the loads of customer-owned energy assets on the Synergi platform and providing their customers with the Synergi app as a turnkey solution,” says Antti Hämmäinen, CEO & Co-founder at Synergi.

“Energy flexibility is an untapped opportunity. Synergi´s business model has the potential to bring European consumers, utilities, and grid operators together to benefit all by balancing the grid and creating resilience for the whole system,” says Ines Bergmann-Nolting, Managing Partner at Greencode Ventures.

With the funding, Synergi will make new hires in engineering, sales, and marketing and expand into flexibility markets in Nordic and central European countries.

Photo: https://mma.prnewswire.com/media/2522594/Synergi_Founding_Team.jpg

For more information:
Kim Oguilve
Marketing & Communications Lead
kim@synergi.so

View original content:https://www.prnewswire.co.uk/news-releases/synergi-raises-2m-to-plug-european-homes-and-utilities-into-flexibility-markets-302267787.html

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Score $4 Teen Burgers in Ontario every Toronto Maple Leafs game day

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Exclusively for Ontarians, score a $4 Teen Burger® deal on every Maple Leafs game day on the A&W mobile app, available for a limited time

TORONTO, Oct. 8, 2024 /CNW/ – In celebration of the start of the Toronto Maple Leafs regular season , A&W is introducing a delicious deal exclusively for Ontarians.

Starting Wednesday, October 9th, on every Maple Leafs game day, fans can order A&W’s iconic Teen Burger for only $4 from participating locations in Ontario. The offer is available only by ordering through the A&W mobile app. So, whether it’s a home or away game, guests can enjoy a delicious Teen Burger while cheering on the Toronto Maple Leafs.

This hot game day offer celebrates A&W Canada’s multi-year partnership with the Toronto Maple Leafs, making the Canadian QSR the ‘Official Burger of the Toronto Maple Leafs’.

“Our guests loved our Toronto Maple Leafs Game Day Deal last season so we’re excited to fuel the fandom again with a hot offer on our most beloved Teen Burger! It’s the perfect burger and deal to celebrate every game!” said Karina Lukianenko, Manager of Offers and Ontario Promotions.

Download the A&W app and create an account to get access to all the latest offers, like the Maple Leafs Game Day Deal that kicks off on October 9th. See app for details.

About A&W Canada

A&W is proud to be 100% Canadian-owned and operated, and Canada’s original burger chain. Home of the Burger Family, we are known for delicious classics like the Teen Burger, hand-battered onion rings and A&W Root Beer®. You can enjoy our craveworthy burgers, breakfasts and beverages at one of our 1,000+ restaurants across the country. For more information, please visit aw.ca.

SOURCE A&W Food Services of Canada Inc.

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ST Engineering iDirect makes Intuition available for Customer Testing and Adoption Planning

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Release integrates cloud-native capabilities and ST Engineering iDirect’s proven mobility, waveform, and bandwidth management technologies

HERNDON, Va., Oct. 8, 2024 /PRNewswire/ — ST Engineering iDirect, a global leader in satellite communications, today announced the availability of Intuition, its next-generation, cloud-native, software-defined ground system designed for multi-orbit environments, for customer testing and adoption.

Intuition is engineered to revolutionize how satellite networks are deployed, how connectivity services are delivered, and how satellite operators and service providers can drive revenue while streamlining operations. This powerful platform combines the best of ST Engineering iDirect’s trusted technologies with future-focused cloud-based, standards-based, multi-orbit solutions, enabling customers to scale effortlessly while maintaining exceptional service quality.

This initial release marks a critical step toward the general availability release in 2025, allowing customers early integration and testing of Intuition in their own network ecosystems.  This hands-on experience helps to accelerate the adoption of new high-performance features alongside ST Engineering iDirect’s renowned innovations in mobility and bandwidth management.

With this release, customers can begin to plan for the advanced capabilities of Intuition, including:

Cloud Migration: Customers can familiarize themselves with Intuition’s hub compute rack (DCR) infrastructure within a private cloud environment for network processing – enhancing operational flexibility.Standards-based, Cloud-native Network Management System (NMS): Built on a microservices architecture with standards-based APIs, Intuition’s NMS is capable of supporting hundreds of thousands of terminals and provides a comprehensive view of network health, performance and usage, giving customers the power to make data-driven decisions instantly – all in a single view.Increased Mobility and Multi-Orbit Functionality: Industry-leading mobility applications are further improved with even faster beam mapping for optimized beam selection. The introduction of domain-based automatic beam switching (D-ABS) ensures seamless, flexible network changes, while a new unified satellite tracking solution enhances multi-orbit operations.Best-in-class Technologies: Intuition integrates ST Engineering iDirect’s trusted innovations including Global Bandwidth Management (GBWM), enabling customers to differentiate their service offerings with optimized service level agreements – a key feature for global operators.Investment Protection: Customers can leverage journey-enabled infrastructure and modems to evaluate the lifecycle of their current technology, making informed decisions about adoption strategies and assuring future success.

“No two customers will use Intuition the same way,” said Don Claussen, CEO at ST Engineering iDirect. “This initial release is a critical first step that empowers our customers to plan more effectively and rapidly integrate Intuition within their unique network environments. We’re committed to working  with our customers to develop tailored strategies that maximize the return on their investments, ensuring long-term growth in today’s competitive landscape.”

As part of its phased release strategy, ST Engineering iDirect will continue to collaborate closely with customers, offering comprehensive support as they prepare for Intuition’s full general availability in 2025.

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications (satcom) providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their satcom networks. With over 40 years of delivering innovation focused on solving satellite’s most critical economic and technology challenges we are committed to shaping the future of how the world connects. The product portfolio, branded iDirect, represents the highest standards in performance, efficiency and reliability, making it possible for its customers to deliver the best satcom connectivity experience anywhere in the world. ST Engineering iDirect is a leader in key industries including mobility, broadcast and military/government. In 2007, iDirect Government was formed to better serve the U.S. government and defense communities. For more information visit www.idirect.net.

View original content:https://www.prnewswire.co.uk/news-releases/st-engineering-idirect-makes-intuition-available-for-customer-testing-and-adoption-planning-302269879.html

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Buildots Announces Integration with Autodesk BIM 360 to Automate Field Management Issues Creation

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TEL AVIV, Israel, Oct. 8, 2024 /PRNewswire/ — Buildots, an award-winning leader in AI-based automated progress tracking, today announced a new integration with Autodesk® BIM 360®, a project management solution and part of Autodesk Construction Cloud®, bringing valuable advancements to the construction sector. This new integration is further enhancing long-standing integrations between Buildots and Autodesk.

Buildots, known for harnessing the power of artificial intelligence and computer vision, is enhancing efficiencies in the construction industry by enabling performance-driven construction management. The technology captures comprehensive imaging of ongoing projects and employs AI models to translate this data into precise, actionable insights. It monitors construction progress against the plans and schedule, generating a gap analysis and predictive analytics that can alert project managers that corrective action is needed. This process facilitates continuous improvement in performance and adapts to changing realities on the ground, reducing construction delays.

The new integration between Buildots’ AI technology and BIM 360 allows project teams to log deviations detected with visual information in Buildots, such as incorrect installations, by automatically creating Issues in BIM 360. Construction managers can minimize delays and avoid cost overruns by continuing to manage those Issues within BIM 360.

“The integration between Buildots and BIM 360 is a win for the construction industry,” said Aviv Leibovici, co-founder and CPO of Buildots. “It promises to bring new levels of efficiency and precision to construction. Together, we aim to enhance how building projects are planned and executed, making it easier for professionals to contribute to better construction outcomes.”

About Buildots

Buildots is an award-winning global technology leader leveraging the power of AI and computer vision to automate on-site progress tracking on construction projects. The system provides construction teams with accurate data and previously unavailable performance metrics empowering them to make data-driven decisions in a time-sensitive environment. Buildots platform improves project visibility and efficiency leading to reduced delays, enhanced error detection and successful project delivery on time and within budget.

Autodesk, Autodesk Construction Cloud, and BIM 360 are registered trademarks or trademarks of Autodesk, Inc., in the USA and/or other countries. All other brand names, product names, or trademarks belong to their respective holders.

Media Contact
buildots@concrete.media

 

 

View original content:https://www.prnewswire.com/news-releases/buildots-announces-integration-with-autodesk-bim-360-to-automate-field-management-issues-creation-302269790.html

SOURCE Buildots

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