“Unleashing the Power of Portable Batteries: Germany’s Instagrid Secures $95M in Funding with Innovative Software Technology”
A startup called Instagrid is using software to scale that mountain when it comes to enterprise-grade portable chargers.
But power conversion has not kept up,” said Andreas Sedlmayr, the co-founder and co-CEO, in an interview.
The funding is being led by Teachers’ Venture Growth (TVG) — the later-stage investing arm of the Ontario Teachers’ Pension Plan.
(It also happens to suggest a different alternative to what Instagrid has built: solarized systems, which represents another alternative that exists today and Instagrid could also potentially adopt.)
Existing portable battery packs target consumer users and lack the peak power performance for professional application.
