Hycube
Engineering world class renewable energy storage solutions to make the world a cleaner and greener place.
- Location
-
Mannheim,
Germany
Categories: Energy Mixed Digital/Non-Digital Mixed B2B/B2C
-
Investment
sought: - €1,000,532
-
Equity
offered: - 5.27%
-
Investment
already funded: -
€1,200,641
for 6.25% equity
-
Valuation
(pre-money): - €17,999,895
- Highly competitive and innovative German engineered product
- Huge and growing marketplace for renewable energy solutions
- Total sales over €5m and hit operating profit breakeven May '19*
- Virtual Power Plant in development with global expansion plans
Idea
Introduction
Hycube Technologies exists to build world-class energy storage systems – taking energy from solar panels and storing it for later use in your home or business.
This means you can store cheap clean energy during the day, and use it at night, or whenever you need it. It also means you have electricity if there is a power cut in your area, which is important for developing countries.
Whilst some storage products are very basic, our products have high levels of home integration, expandability and intelligence that separate us from the competition, including major brands like Tesla.
Currently, we have 3 products that can all be used for home or for small businesses:
Our products provide a simple to install, all-in-one housing that enables the addition and removal of batteries. A user interface, on the unit / via mobile / “MyHycube.com”. A power failover mechanism and a Home Energy Management System that can interface with electric vehicles, sockets, heating and intelligently prioritize their use.