Sereema has developed an expert solution to analyze and optimize operations of wind turbines. The proprietary system comes in the form of an IoT sensor box, embedding MEMS sensors, equipped directly on the turbine. Its streamlined processing platform has its own algorithms to analyze data over and a user-dedicated website displays all independent results under dashboards.
Since its commercial launch in 2017, Sereema has equipped over 100 wind turbines across Europe. The company aims at tripling its turnover this year, as well as becoming the European digital expert on the field within five years.
The fundraising is giving Sereema the means to staff their team and pursue partnerships to meet their European market leadership target.
Money raised to help speed international growth along
A first step of the financing process for the project consisted in a three-month crowdfunding campaign that raised 400,000€ (approximately $455,000 U.S.), which successfully closed by summer 2018 on the Enerfip platform.
“The Sereema project has met with a crazy success,” said Julien Hostache, CEO of Enerfip. “Four-hundred and seventy eco-participants from all around the globe decided to pitch in, proving the public and people’s interest in innovation and energy transition.”
The results achieved by the company also convinced Afone Participations to join the board alongside prime historical shareholder IT Translation, investing 300k€ (approximately $340,000 U.S.) in total.
“We strongly believe that Sereema can become a digital champion in wind industry,” said
Eric Horlait, VP of Afone Participations. “Their technology is unparalleled and unique, and we share their market vision and opportunities to come, on a global scale.”
The fundraising is giving Sereema the means to staff their team and pursue partnerships to meet their European market leadership target and trigger business developments to other parts of the world.
“Afone Participations joining in the company alongside IT Translation sets us ready to spring on the forecasted scaling company growth move,” said Jérôme Imbert, CEO of Sereema. “We are equally pleased to have called upon general public crowdfunding, to promote renewable energy and share the company’s values and missions with the people and private investors.
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