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Energy Tech Seed Founded 2019

Annea Ai

Annea Ai is a provider of an AI-powered platform that enhances the reliability and efficiency of renewable energy assets through predictive maintenance and performance optimization. The modular software platform requires no extra hardware, uses only 10-minute SCADA data, is brand agnostic, and functions as an all-in-one solution. The predictive maintenance module extends asset lifetime and minimizes costs by…

📍 Germany · Renewable Energy Tech,

Funding snapshot

Last roundSeed
Amount$3M
Date14 December 2023
Total raised$4M
Team size11

About

Annea Ai is a provider of an AI-powered platform that enhances the reliability and efficiency of renewable energy assets through predictive maintenance and performance optimization. The modular software platform requires no extra hardware, uses only 10-minute SCADA data, is brand agnostic, and functions as an all-in-one solution. The predictive maintenance module extends asset lifetime and minimizes costs by forecasting component failures, while the performance optimization module detects, analyzes, and addresses underperformance issues in real-time. Annea's platform answers critical operational questions including whether a problem will occur, where it will be, what caused it, how to solve it, and when to solve it, replacing reactive maintenance with proactive AI-driven insights. The platform delivers 10 to 50 percent reduction in operational costs and 5 to 15 percent increase in energy production. Annea serves power producers seeking to minimize downtime and maximize energy production, service providers streamlining maintenance efforts, and original equipment manufacturers optimizing wind turbine settings and component lifetime. The platform is designed for wind turbines, solar farms, and hydroelectric plants. Founded in 2019 and headquartered in Germany, the company has raised $4.0M in seed funding from investors including Innopart, Faber, Voyager, Innoport, German Accelerator, Starter Business Acceleration, IFB Innovationsstarter, and Startup Lisboa.

Business model

Digital Twin > Digital Twin Platforms > Products > Energy > Renewable Energy,

Renewable Energy Tech > Horizontal > Maintenance > Digital Twin Based

Institutional investors

Innopart Faber Voyager Innoport German Accelerator Starter Business Acceleration IFB Innovationsstarter Startup Lisboa

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