Established in 2023 by Indrek Raide, LynxPower develops an AI-based energy monitoring and management platform that measures, analyzes, and optimizes building energy consumption in real time. The platform integrates proprietary hardware and software to provide continuous, automated energy monitoring, machine-learning-driven analysis, and control of building systems.
It enables building owners and operators to reduce energy costs by up to 40%, ensure compliance with environmental standards such as LEED, BREEAM, and ISO 50001, and generate actionable insights for operational improvements.
LynxPower’s clients include AS Krulli Kvartal, AS Kapitel, Nordecon AS, Tallinna Ehitustrust OÜ, and Südamekodud AS. The investment round saw backing from Giga AS, an Estonian technology and cleantech investor, as well as Taavi Madiberk and Marko Virkebau.
LynxPower will use the €550,000 investment to advance its AI-driven energy management platform, enhance its functionality, and enter new international markets. The funding will also enable the company to expand sales and marketing efforts and leverage its team’s expertise in hardware, software, and energy systems to provide a comprehensive, reliable solution for clients.
