Today we are happy to announce our co-investment in TechnologyCatalogue.com, a Rockstart Energy portfolio company. The €730k seed round was led by PVS Investments with Rockstart as a co-investor and with the participation of several angel investors. The startup plans to use the funding to introduce new functionalities that will enhance interaction between users, suppliers and experts, integrate AI solutions and expand the team.
TechnologyCatalogue.com was founded in 2018 with the purpose of accelerating the energy transition with technology and innovation. With over 800 technologies and 100,000 unique users of the platform from more than 100 countries, TechnologyCatalogue.com supports the energy transition by providing a platform that bridges the gap between technology suppliers, end-users and experts, and facilitates technological innovations towards a more sustainable energy sector. The 800 registered technologies come from more than 500 innovative companies present in major markets such as Australia, Netherlands, Germany, United Kingdom, Norway, United States, India, and China. The company and its founders have facilitated more than 1,000 technology deployments for global and regional operators resulting in >$1 billion of value added to date.
Commenting on the round, Rune Theill, CEO & Co-Founder, Rockstart states:
“Since we first invested in TechnologyCatalogue in 2020 the team has proven that they can onboard new clients at a global scale, offering access to hundreds of innovations and so playing an important role in reducing carbon footprint. This is already a massive achievement. We are happy to invest further capital and support the business in reaching its growth potential.”
Erik Nijveld, Co-Founder and Managing Partner, TechnologyCatalogue.com also states:
“The unprecedented growth of TechnologyCatalogue.com confirms the need for a platform that helps companies improve business performance and reduce carbon footprint with technology and innovation. This fresh funding will not only allow us to introduce new groundbreaking features on the platform but also expand the markets we serve.”
Pjotr van Schothorst, PVS Investments comments:
“I am delighted to have had the opportunity to invest in this great and promising company, which brings innovations in the clean energy sector under the attention of big industrial players. This will speed up their adoption and accelerate the pace of the energy transition, something that’s urgently needed.”
Rockstart empowers purpose-driven founders on their way to success across three domains: AgriFood, Energy, and Emerging Technologies. Rockstart empowers early-stage startups starting with its proven accelerator program and continuing to co-invest in their next funding rounds until series B. In the last quarter of 2020, Rockstart has launched its 22M+ Energy venture capital fund, backed by institutional investors, European family offices, informal investors and the government. Through its Energy fund, Rockstart invests in seed-stage startups contributing to the energy transition. Technology Catalogue is one of the first investments of the fund together with other eight energy startups such as Advanced Infrastructure, Bia, eDRV, Helio, Okto, Soolutions, Starke and Klimate.
The Rockstart Energy 2021 applications are now open and startups are invited to apply by September 30, 2021.
Congrats to the team and looking forward to seeing them grow further in the coming years.