9.10.2019
- Press Release

gridX goes to Silicon Valley

The German Accelerator program empowers German tech and life science startups to enter new markets. It is supported by the German Federal Ministry of Economics and Energy (BMWi). The locations Silicon Valley, New York, Cambridge and Singapore are world-leading innovation centers and create the foundation for an extensive network.

gridX has successfully qualified for the Silicon Valley program. It is specifically designed for mid- and late-stage startups that want to set the basis for rapid growth. It includes customized mentoring, access to an extensive network and a development plan tailored to the needs and objectives of each company.

The three-month core program for gridX begins now. International Sales Development Manager Dominik Ganswohl will be in California to promote our white label solutions, build relationships and evaluate the potential for further development.

“We are thrilled about the opportunity to lay the foundation for our US expansion. Only a few startups get the chance to use the unique network of the German Accelerator,"

Dominik Ganswohl

International Sales Development Manager

gridX

gridX will be supported by lead mentor Bill Keating, Executive Chairman at Reel Solar Power Inc. With his extensive experience, he provides strategic consulting, local insights and best practices that enable gridX to enter the American market.

Bill Keating on gridX and its market potential in the USA:

“I am excited to be working with gridX and believe that they enter the US market at an ideal time with the explosive trends towards mobile electrification, microgrids, storage and the desire for energy independence.”

About gridX

gridX is Europe's leading smart energy company based in Aachen and Munich that was founded in 2016 by David Balensiefen and Andreas Booke. With its IoT platform XENON, gridX enables manufacturer-independent monitoring and management of distributed energy resources. XENON allows partners to develop and scale energy management solutions faster than ever before. By partnering with gridX, Fastned is able to install more charging points at sites without the need for costly grid extensions, and the Viessmann Group is able to offer its customers intelligent and integrated home energy management systems.