Ratio Energy, a local startup that develops battery energy storage facilities and energy management system and optimization software in the renewable energy sector, announced that it received a pre-seed investment of €300 thousand from angel investor Nuh Kar.
The startup has two products:
RatioSIM: It is a SaaS software that operates between financial technology companies and energy technologies companies.
RatioEMS: Provides management of energy storage power plants and electricity market optimization.
Ratio Energy was founded in 2019 by Emin Batur Dizdar and Onder Tekeli within the scope of TEB’s TUBITAK BiGG program. Batur, who made a special statement to egirişim about the investment, said the following:
“In 2019, we started battery energy storage management software R&D for the first time in Turkiye. Thanks to the software we have developed, the management of battery energy storage power plants, which we will see for the first time in Turkiye in 2024, will be possible. We aim to expand our product technical scope (with feasibility modules and energy trade automation) and to expand into the European market in 2024 with our team, which we have doubled thanks to the investment we received, and to be among the top 10 most competent EMS suppliers.”
Source: Egirisim / Prepared by Irem Yildiz