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Raicoon

Autonomous operation for renewable energy

Raicoon logo
21-100 employees
  • B2B
  • Artificial Intelligence
  • Energy
  • Sustainability
  • Analytics
Neubau, Vienna, Vienna

Company mission

To revolutionise renewables with autonomous operations.

Our take

Raicoon is addressing the longstanding inefficiencies in renewable energy by pioneering autonomous solar operations. The typical, manual operations model of solar plants often leads to suboptimal energy yields and higher operational costs, making solar less attractive, which is what the company wants to change.

Raicoon's autonomous operations center leverages AI to boost energy yields by approximately 6% and cut operational expenditures by 30-50%. With an industry-first 100% fault detection backed by Munich Re, Raicoon is at the forefront of reshaping renewable energy operations for the future.

Recent success includes financial backing from notable climate, tech, and impact funds, underscoring industry confidence in Raicoon's innovative approach. The funds are allocated for crucial advancements, such as software upgrades, a self-service SaaS portal, and global expansion into the US and APAC markets.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Flexible working hours and location; it’s the results that matter
  • Work with passionate experts and some of the top talent in your field

Company values

  • Respect for renewables: Empowering the transition to renewables to safeguard our future, we don't let energy go to waste
  • Autonomous: We operate autonomously and prioritize integrity. We detect our flaws and address them
  • Innovators: We’re changing the game of operations, and we stay open-minded about what comes next
  • Customer-centric: Client and community first, always. Your success is our motivation
  • Optimistic: We believe in a bright future, and we aim to make a positive impact on the planet
  • Optimisers: We constantly strive for optimisation. Today, we do better than yesterday
  • Never stopping: We are unrelenting in our mission, and we never stop evolving

Funding (1 round)

Oct 2023

$4.3m

SEED

Total funding: $4.3m

Leadership

Founder of Spence & Hill Security Management. Previously served as the CEO of Solergy and then as the founder and CEO of greentec services. Prior to that, they worked at IBM and Cisco for close to 20 years.

Previously served as the Director of Engineering at greentech services.