Technology
Reonic raises €13 million to help small installers of green technologies such as heat pumps and solar panels
European regulators are pushing for greener energy. The REPowerEU plan calls for 10 million more heat pumps by 2027, and solar panels are also on the rise.
However, most installations are performed by small corporations that might increase efficiency through higher work processes.
This is where the German startup was born Rheonic is available in. “We give renewable installers the tools to be extremely efficient, and we do that primarily by providing them with scheduling and workflow software,” said co-founder Tristan Menzinger (seated on the proper within the photo above).
Menzinger, Lars-Manuel Schneider (seated in the center within the photo above) and their fellow student and third co-founder Udo Sill worked at a research institute investigating the use of renewable energy sources. This piqued their interest in founding Reonic, but they’d to listen to real customers to bridge the gap between theory and knowledge. They concluded that installers needed comprehensive software, not separate tools.
Startups in other sectors have come to similar conclusions, but it could be a troublesome sell when your target market is already set of their ways. Reonic guarantees it’ll be price it by helping installers sell faster and sell more. “The ability to combine heat pumps with solar systems, for example, doubles sales volume,” Schneider said.
Unlike some competitors with narrower niches like solar, Reonic focuses on renewable energy as an entire, whether it’s photovoltaics, battery storage systems, wall boxes or heat pumps. Beyond a selected type of installation, the larger goal they see is for each household or business to change into energy self-sufficient, Schneider said. “And that’s something at the core of our product that always works the same way, no matter where we are.”
The promise of accelerating the adoption of renewable energy sources is clearly resonating with investors; in a bid to expand across Europe, Reonic just raised €13 million in a Series A funding round led by Northzone, with participation from existing investors Point Nine and Puzzle Ventures.
This is consistent with enterprise capitalists’ preference for climate-focused startups, which, when entering the market, expose themselves to market risk relatively than the scientific risk related to inventing a brand new technology.
Even then, the market risk remains to be real. Aurora Solar, a U.S. company that gives software that helps solar installers manage sales, laid off 20% of its staff of about 500 earlier this 12 months after losing $523 million.
But with 21 team members and €16 million in funding, Reonic is more like smaller corporations like Arch, EnerfloLun and Solar Spoon.
The company can also be seeing growth typical of early-stage corporations which have found product-market fit, tripling its recurring revenue previously six months, the corporate said. “While we’ve had real momentum since we launched three years ago, we honestly feel like we’re just getting started,” Schneider said.
While subsidies and other regulatory frameworks vary by country, Reonic’s internationalization is being driven by its founders’ belief that it could enter latest markets without much customization. After the DACH region, the corporate entered the market in France and also held a soft launch in Italy, said Menzinger, who oversaw much of the method.
The company remains to be headquartered in Augsburg, Bavaria, but almost half of its staff is predicated in Berlin, where a second office opened earlier this 12 months to help recruit international talent. It’s one other major expansion that the brand new round of funding will fund.
Technology
US medical device giant Artivion says hackers stole files during a cybersecurity incident
Artivion, a medical device company that produces implantable tissue for heart and vascular transplants, says its services have been “disrupted” resulting from a cybersecurity incident.
In 8-K filing In an interview with the SEC on Monday, Georgia-based Artivion, formerly CryoLife, said it became aware of a “cybersecurity incident” that involved the “compromise and encryption” of information on November 21. This suggests that the corporate was attacked by ransomware, but Artivion has not yet confirmed the character of the incident and didn’t immediately reply to TechCrunch’s questions. No major ransomware group has yet claimed responsibility for the attack.
Artivion said it took some systems offline in response to the cyberattack, which the corporate said caused “disruptions to certain ordering and shipping processes.”
Artivion, which reported third-quarter revenue of $95.8 million, said it didn’t expect the incident to have a material impact on the corporate’s funds.
Manufacturer of single-board computers Raspberry Pi is updating its cute little computer keyboard device with higher specs. Named Raspberry Pi500This successor to the Raspberry Pi 400 is just as powerful as the present Raspberry Pi flagship, the Raspberry Pi 5. It is on the market for purchase now from Raspberry Pi resellers.
The Raspberry Pi 500 is the simplest method to start with the Raspberry Pi because it’s not as intimidating because the Raspberry Pi 5. When you take a look at the Raspberry Pi 500, you do not see any chipsets or PCBs (printed circuit boards). The Raspberry Pi is totally hidden in the familiar housing, the keyboard.
The idea with the Raspberry Pi 500 is you could connect a mouse and a display and you are able to go. If, for instance, you’ve got a relative who uses a very outdated computer with an outdated version of Windows, the Raspberry Pi 500 can easily replace the old PC tower for many computing tasks.
More importantly, this device brings us back to the roots of the Raspberry Pi. Raspberry Pi computers were originally intended for educational applications. Over time, technology enthusiasts and industrial customers began using single-board computers all over the place. (For example, when you’ve ever been to London Heathrow Airport, all of the departures and arrivals boards are there powered by Raspberry Pi.)
Raspberry Pi 500 draws inspiration from the roots of the Raspberry Pi Foundation, a non-profit organization. It’s the right first computer for college. In some ways, it’s a lot better than a Chromebook or iPad because it’s low cost and highly customizable, which inspires creative pondering.
The Raspberry Pi 500 comes with a 32GB SD card that comes pre-installed with Raspberry Pi OS, a Debian-based Linux distribution. It costs $90, which is a slight ($20) price increase over the Raspberry Pi 400.
Only UK and US keyboard variants will probably be available at launch. But versions with French, German, Italian, Japanese, Nordic and Spanish keyboard layouts will probably be available soon. And when you’re in search of a bundle that features all the things you would like, Raspberry Pi also offers a $120 desktop kit that features the Raspberry Pi 500, a mouse, a 27W USB-C power adapter, and a micro-HDMI to HDMI cable.
In other news, Raspberry Pi has announced one other recent thing: the Raspberry Pi monitor. It is a 15.6-inch 1080p monitor that’s priced at $100. Since there are quite a few 1080p portable monitors available on the market, this launch is not as noteworthy because the Pi 500. However, for die-hard Pi fans, there’s now also a Raspberry Pi-branded monitor option available.
According to Apple, Apple desires to make its Vision Pro mixed reality device more attractive for gamers and game developers latest report from Bloomberg’s Mark Gurman.
The Vision Pro was presented more as a productivity and media consumption device than a tool geared toward gamers, due partly to its reliance on visual and hand controls moderately than a separate controller.
However, Apple may need gamers if it desires to expand the Vision Pro’s audience, especially since Gurman reports that lower than half one million units have been sold to this point. As such, the corporate has reportedly been in talks with Sony about adding support for PlayStation VR2 handheld controllers, and has also talked to developers about whether they may support the controllers of their games.
Offering more precise control, Apple may also make other forms of software available in Vision Pro, reminiscent of Final Cut Pro or Adobe Photoshop.
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