About

The mandated deployment of smart meters in Greece by HEDNO creates a significant challenge for electricity suppliers, who must process and analyze vast amounts of real-time consumption data recorded every 15 minutes. Without robust tools, they risk inefficiencies in forecasting and market bidding. Additionally, consumers are left without clear insights or incentives to adjust their energy usage. This creates a €300 million+ market opportunity in Greece alone, with significant scaling potential across Europe. Our company bridges this gap with advanced data analytics and AI-driven solutions, enabling electricity suppliers to enhance forecasting accuracy and optimize market participation while empowering consumers with actionable insights.

Solution & Product

Our platform integrates real-time smart meter data with advanced AI algorithms to provide actionable insights for suppliers and consumers. Suppliers benefit from improved day-ahead and intraday forecasting, optimal bidding in electricity markets, and demand-response management. Consumers gain a web app for monitoring their energy use, receiving notifications, and participating in incentive programs. The platform targets a 10-15% improvement in forecast accuracy and potential cost savings of up to 20% for suppliers through better market positioning.

Innovation & Scalability

Our platform stands out by combining real-time IoT data with machine learning for consumption forecasting and demand-response mechanisms. Unlike competitors, we address B2B, B2B2C and B2C needs in a single ecosystem. The use of predictive analytics and data security ensures trust and efficiency. Designed with scalability at its core, our modular architecture adapts to diverse regulatory environments and evolving market demands. Whether scaling within Greece or expanding across Europe, our solution enables energy providers and consumers to optimize usage, improve forecasting, and drive smarter energy decisions on a larger scale.

Traction & achievements

We’ve completed an MVP, secured pilot projects with two major Greek electricity suppliers covering 100,000+ households, and partnered with a leading smart meter manufacturer. To date, we’ve raised €250,000 in pre-seed funding and demonstrated a 12% improvement in forecast accuracy during pilot tests. Upcoming milestones include scaling to industrial clients and entering neighboring EU markets.

Team & Why Us

Co-Founder/Business Development Lead: [Nikolaos Dimou] - Expert in energy markets and customer engagement, with a background in finance and sales. Our strength lies in the fusion of diverse expertise across energy, technology, and business. With deep industry knowledge and cutting-edge technical skills, we bridge the gap between complex energy challenges and scalable, data-driven solutions.

Funding Needs

To accelerate our expansion and further enhance our technology, we are seeking strategic investment. Funding will be directed toward scaling operations, refining our AI-driven analytics, and expanding into new European markets.