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Growth of an innovation leader in green energy
The Swiss technology company Lynus AG announced 2024 growth financing by a consortium of investors represented by the multi-family office Verium AG. Verium acquired a significant minority stake in Lynus through a capital increase.
This capital increase will enable Lynus to strengthen its market presence, optimize its delivery capacity and advance the tenant electricity model. Lynus, as an innovation leader in the renewable energy sector, offers a full-stack solution that combines AI-based energy management software with state-of-the-art hardware. This solution not only enables efficient energy use, but also automated electricity trading.
IFBC acted as exclusive financial and M&A advisor to the founders of Lynus throughout the transaction process. Paul Hauser, co-founder of Lynus, told us more about this transaction and the company's future plans.
Our electricity market today consists of many suppliers who generate electricity irregularly, while at the same time consumers also use electricity at different times and in fluctuating quantities. Artificial intelligence is therefore almost indispensable for optimizing the interplay between generation and consumption. Based on the electricity forecasts that are created for the next 48 hours, we use our energy management solution to let the AI decide when and to what extent electricity should be used or sold. We can't go on as before, with electricity producers and consumers not communicating with each other. If this happens, grid expansion will explode, resulting in exorbitant costs.
We are already expanding in Germany, Switzerland and Italy. The new capital will allow us to invest in the purchase of infrastructure in order to be able to deliver quickly and reliably. We also want to exploit further opportunities, for example in the area of the tenant electricity model, for which we are receiving more and more inquiries.
Our top priority is to respond to market signals, in particular market prices. We are also driving forward the optimization of our own electricity and tenant electricity.
In the DACH region, 99% of multi-family houses still do not have a photovoltaic system. When you consider that around 50% of the population live in rented accommodation, you can see the potential of Lynus. We have set our priorities in such a way that we can meet the growing complexity. To stay with apartment buildings: There are challenges here with the distribution and billing of electricity.
Market regulations are complex to implement due to their abundance. More and more new laws are being passed or introduced at short notice, to which we have to react in a sporting manner. We have to remain dynamic and adapt to the market as it plays out. And for the time being, this market is made for the big players. I consider the biggest challenge to be mapping the market connection of tenants, the flexible provision of balancing energy, the use of the right storage media, the electricity price and ultimately the electricity forecast, which processes weather data in real time, in one solution.
When electricity is produced and used locally, consumers and the environment benefit. Lynus uses machine learning and reduces energy consumption by an average of 20 percent and CO2 emissions by 25 percent compared to systems without energy management. This is a strong driver of our growth.
Lynus is part of the clean energy transition and IFBC has top-class knowledge in this area. Without this, it would not have been possible or successful to accompany such a transaction.
Paul Hauser is a digital transformation enthusiast with a focus on AI, machine learning, Kubernetes, IoT and back-end services. Prior to his current role at Lynus, he was CEO of a cloud infrastructure software provider for almost four years. Previously, as CTO at ecocoach and ecovolta, he drove innovative technologies in the field of battery storage and systems.
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