Baywa r.e. Energy Ventures + BL!XT = True
BayWa r.e. Energy Ventures Inc., the venture capital unit of BayWa r.e., has confirmed the Swedish energy startup, Blixt, will be its first investment.
October 10, 2018.
Blixt is the first and only company to offer solid state miniature circuit breakers to enable numerous smart metering and smart grid solutions. As lead investor of Blixt’s seed round, BayWa r.e. Energy Ventures provides the startup with access to the global infrastructure of the BayWa r.e. group. Together with the angel round earlier this year, the investment brings the total raised to just over €2 million since Blixt was founded in February 2018.