Seed Round Founder Shares
€300K target
13% equity
€2M pre-money
Investors
REACH - 1st open call for startups/SMEs
Admin
REACH - 1st open call for startups/SMEs Next Generation Data Incubator
TRAKEN is a data tracking, asset management and exploitation tool for smart electrical grids that provides a distributed ledger to manage unique identities and product passports of smart meters, vehicles and other sensors active in the network. TRAKEN is building software infrastructure on Blockchain to facilitate the encrypted, secure and transparent access to prosumer’s smart meters and metering records, that would serve as enabler for more flexible reconciliation on physical or financial levels in electricity grids. Consequently, it would lead to much more efficient rebalancing process for electricity suppliers and traders, by supporting mobility of user accounts and quicker settlements. Along the substantial improvements in electrical energy production, distribution and consumption, TRAKEN will enable origin tracking and diversifying the pricing models to promote and support renewable energy production and consumption.
TRAKEN would be implemented as additional software module to ...
TRAKEN is a data tracking, asset management and exploitation tool for smart electrical grids that provides a distributed ledger to manage unique identities and product passports of smart meters, vehicles and other sensors active in the network. TRAKEN is building software infrastructure on Blockchain to facilitate the encrypted, secure and transparent access to prosumer’s smart meters and metering records, that would serve as enabler for more flexible reconciliation on physical or financial levels in electricity grids. Consequently, it would lead to much more efficient rebalancing process for electricity suppliers and traders, by supporting mobility of user accounts and quicker settlements. Along the substantial improvements in electrical energy production, distribution and consumption, TRAKEN will enable origin tracking and diversifying the pricing models to promote and support renewable energy production and consumption.
TRAKEN would be implemented as additional software module to the platform for smart metering or network monitoring, all the way to the physical infrastructure of the grid operator or electricity supplier, if the direct communication of protocols with smart meters exists. TRAKEN solution will provide efficient tools for electricity suppliers and traders to balance and manage local energy resources in the network on microgrid level, to mitigate and shorten reaction time in consumption peak scenario. Nevertheless, energy efficiency component of TRAKEN project is emphasized with decreasing demand for electricity transport between large balancing groups or through interconnections, and with much better use of local capacities, using Blockchain for micromanagement of consumption and balancing of instant demand.
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Investors

REACH - 1st open call for startups/SMEs
Admin
REACH - 1st open call for startups/SMEs Next Generation Data Incubator
REACH - 1st open call for startups/SMEs
Admin
REACH - 1st open call for startups/SMEs Next Generation Data Incubator
X-Europe Cohort 4: Smart Cities
Admin
X-Europe Cohort 4: Smart Cities Driving deeptech growth

Employees

MSc Nemanja Petrovic
Admin
MSc Nemanja Petrovic COO expert in development and planning, with a particular emphasis on using innovative technology in the service of sustainable development