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EnOcean

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Manufactures and markets wireless sensor solutions for use in buildings and industrial installations

Oberhaching, GermanyFounded 2001Energy
Valuation $50–100M Last recorded · 2009
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for EnOcean and the history behind them.

About EnOcean

EnOcean GmbH operates as a developer of patented, self-powered wireless technology, originating as a venture-funded spin-off from Siemens AG in 2001. The company, co-founded by Frank Schmidt and Armin Anders, is headquartered in Oberhaching, near Munich. Armin Anders, who holds a degree in electrical engineering, previously worked at Siemens AG in roles including Marketing Manager and Project Manager for Corporate Technology before becoming a Venture Manager responsible for startups. This background directly relates to his role in co-founding EnOcean and developing its business plan.

The core of EnOcean's business is its energy harvesting technology, which enables wireless sensors and switches to function without batteries or wired power. These devices harness energy from their immediate surroundings, such as motion from a switch press, indoor light via miniaturized solar cells, or temperature differences through thermoelectric converters. This eliminates the need for maintenance to replace batteries, a key selling point for its clients. The technology platform includes miniaturized energy converters, ultra-low-power electronics, and robust radio communication. The firm's wireless standard was ratified as the international standard ISO/IEC 14543-3-10 in 2012.

EnOcean's business model is centered on being a technology supplier, providing its energy-harvesting wireless modules—including transmitters, receivers, and energy converters—to original equipment manufacturers (OEMs). These partners, numbering over 500, integrate EnOcean's technology into their own products. The company serves clients across various sectors, primarily in building automation, but also in smart homes, LED lighting control, and industrial applications. Its solutions are used to control lighting, heating, and cooling, with the goal of optimizing the CO2 footprint of buildings. The company generates revenue by selling its modules, components, and finished products through a global network of distribution partners. To promote interoperability, EnOcean was instrumental in creating the EnOcean Alliance in 2008, a non-profit consortium of now nearly 400 companies that standardizes communication protocols, ensuring that devices from different manufacturers can work together seamlessly.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2001
Headquarters
Oberhaching, Germany
Employees
67
Open positions
2
Dealroom signal
65.2/100
Sub-industry
Energy Efficiency
Sector
Energy, Sustainable Development Goals, Edge Processing, Industrial Technology, Industrial Connectivity, Manufacturing Tech, Climate Tech, Manufacturing, Hard Tech
Technology
Deep Tech, Recognition Technology, IoT InternetOfThings
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest Jan 2025
Capital deployed
—
Preferred round
ACQUISITION

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Sep 2023 $0 — Innovation Industries ↗
LATE VC✓Equity / VC Dec 2009 $8.8M $55M Undisclosed —
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

EnOcean website traffic

Latest recorded traffic for EnOcean is 21K monthly website visits, down 8.7% over the last three months. EnOcean's team declined 4.3% over the past year.

Latest monthly visits21K 3-month web change-8.7% 1-year team growth-4.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

  • Wellington Partners
  • BayTech Venture Capital
  • N47
  • 3i Group

Series B and later4 investors entered at this stage

  • Siemens
  • Emerald Technology Ventures
  • ATMOS
  • Innovation Industries

Other known investors1 additional known investor

  • SET Ventures
Team profiled 28 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
9 countries with
team presence
🇩🇪 Germany50%
🇺🇸 United States25%
🇳🇱 Netherlands6.8%
🇬🇧 United Kingdom4.5%
🇩🇰 Denmark4.5%
Top 5 of 9 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about EnOcean on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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