We decided to invest in Boldr because it addresses a key challenge in the energy transition: optimizing household energy consumption, which accounts for 30% of global energy use. Their solution combines smart hardware and advanced software to reduce energy consumption and enable flexible demand management.

Boldr stands out by offering a scalable model that not only delivers energy savings to consumers but also generates revenue through its integration into energy flexibility markets, helping grid operators optimize supply and demand.

The founding team has strong expertise in energy, software, and IoT, enabling them to execute a highly efficient growth strategy. Furthermore, Boldr has already demonstrated traction in key markets such as the U.S., the UK, and the Baltic states, with ongoing contracts with VPPs and energy operators.

Their business model combines hardware sales growth with recurring revenue from energy management services, ensuring long-term sustainability. This, along with its alignment with the objectives of Article 9 of the EU Taxonomy, strengthens our decision to support Boldr’s expansion.