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Annea

Predictive maintenance for renewables

Annea logo
21-100 employees
  • B2B
  • Artificial Intelligence
  • Energy
  • Internet of Things
  • Machine Learning
  • SaaS
  • Data Analysis
  • Automation
Altona-Altstadt, Hamburg, Germany

Company mission

To optimise operations and maintenance across renewable energy sectors, reducing unplanned downtime and lost profit significantly, making green energy more affordable.

Our take

To help support the transition to renewable energy sources, Annea offers automated predictive maintenance and underperformance detection for renewable energy assets. Its end-to-end software leverages machine learning, digital twin and IoT technology to deliver predictions about future failures up to a year in advance.

The increasing spotlight on climate change represents a great opportunity for the company, and its software's ability to lower the cost of running renewables systems is likely to gain it attention. This potential for success is highlighted by a €2.75 million Seed funding round earned in 2023, that will be used to strengthen its position in the US as well as expand across Europe and Southeast Asia.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • Freedom to develop & implement your own ideas and learn new things
  • A fast-paced, dynamic environment with flat hierarchies in which you can put your skills to the test
  • The opportunity to become part of a young team that is redefining the Renewable Energy market

Funding (2 rounds)

Dec 2023

$2.9m

SEED

May 2022

$1.1m

SEED

Total funding: $4m

Leadership

Dr. Maik Reder

(Co-founder & CEO)

Was a freelance Data Scientist, including for EDP. Former Researcher within the EC Marie Skłodowska-Curie Innovative Training Network (ITN).

Marcel Frenzel

(Co-founder & Managing Director)

Previously Managing Director at PROSPER X, Senior Business Consultant at consulting4drive, and Technical Project Manager at IAV.

Pau Martinon Sort

(Co-founder)

Former CTO of the company. Currently Data Analytics Platform Lead at BAT. Previously Analytics Principal Consultant and Project Manager at Clariba.