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MyGrid 1A
€40,500
total amount raised
- Eligible for a tax reduction
DISCLAIMER
Every investment decision must be based on an examination of an exhaustive set of information provided by the entrepreneur on his online profile. Spreds only proceeds to a limited verification of this information and does not control the investment opportunity within this company. Spreds did not verify the extent to which the business plan is deemed realistic and does not intervene with the final Information Note, including the retained maximum valuation. Spreds will align itself with the financial terms negotiated with the co-investor(s).
Unlocking the Potential of Energy for All
Looking for an easy way to be part of the energy transistion?
Now it's possible just by plugging-in.
MyGrid, a Belgian start-up, has developed an ingenious and simple solution, the ModuleOne™.
Now it's possible just by plugging-in.
MyGrid, a Belgian start-up, has developed an ingenious and simple solution, the ModuleOne™.
ModuleOne™ is a plug-and-play home battery that allows users to gain control over their energy usage, lower their energy bills, and reduce their carbon footprint. Simply by plugging it into a standard power outlet.
The energy transition has never been easier!
The energy transition has never been easier!
Challenges of the Urban Energy Transition
The European Union's ambitious Green Deal aims to achieve a completely carbon-neutral energy supply by 2050. This means that by that time, all 200 million households across Europe will need to actively participate in the energy transition in some way. Currently, a significant number of these households reside in urban areas. In fact, around 46.3% of European households (EUROSTAT) live in apartments and urban dwellings. However, these households face specific challenges when it comes to participating in the energy transition, which are often overlooked,
- People living in urban areas struggle with limited space and often lack access to garages or technical spaces where they can set up bulky wall-mounted battery systems.
- Limited citizen rights, particularly for renters, can pose obstacles as they may lack the authority to modify the housing.
- Urban residents, due to their low energy consumption, prefer to avoid the heavy investment and hassle of installing a home battery system.
ModuleOne™ plug-and-play home battery
ModuleOne is a solution that enables everyone to easily participate in the energy transition
- NO new wiring needed
- NO professional installation hassle
- NO recertification of existing infrastructure
Product
ModuleOne™ is a plug-and-play home battery equipped with powerful and safe EV-grade LiFePO4 battery cell technology. The battery has a capacity of 1500Wh and a guaranteed life of 6000 cycles, which equates to an expected life of 15 years with daily charge and discharge cycles.
The ModuleOne™ can be easily charged and discharged using a standard 110/230 VAC power socket with a maximum rate of 800W, ensuring efficient and cost-effective storage of renewable energy. It only takes 2 hours to fully charge and discharge the ModuleOne™, enabling you to quickly and conveniently power your home with clean energy.
MyGrid brings the energy transition into the home.
— VITO
But that's not all. The multi-functional battery is designed to accompany you wherever you go. Whether you're enjoying nature on a camping trip, hosting a backyard party, or preparing for an unexpected power outage, ModuleOne™ is your go-to solution.
Get ready to experience the future of energy storage with ModuleOne™.
Get ready to experience the future of energy storage with ModuleOne™.
Platform & App
The ModuleOne can be easily controlled and managed through a cloud platform and mobile app. It integrates seamlessly with existing infrastructure such as smart meters and other home energy systems, making the integration process hassle-free and maximizing the benefits of our product within your existing installation.
Interested in buying one too?
Then be sure to check out our In-Demand campaign on Indiegogo: https://igg.me/at/mygrid
Then be sure to check out our In-Demand campaign on Indiegogo: https://igg.me/at/mygrid
Key Milestones
- Received €5k for "Prototyping the Future" by Fund for Future Generations
- Winner of VITO4STARTERS pitch during the Love Tomorrow Conference
- Received €50K Innovatieve Starter Steun from VLAIO
- Alumni of the Start It @ KBC accelerator program
- Coached in the Mentor Me program by Netwerk Ondernemen
- Awarded a Community Design Patent
- Winner of the Red Dot Design Award 2023
- Raised €161K during the Kickstarter in May 2023
- Received recognition in the National & International Press
TAX SHELTER 45%
Investments in this company benefit from a 45% personal income tax reduction. Read more…A remaining amount of €460,500 is available for the Tax Shelter benefit.
Fact sheet
| Advised by a professional start-up advisor | |
| Valuation is set by the co-investor or incubator | |
| Co-investor or incubator will be members or observers to the board | |
| At the closing, an incubator, accelerator, or studio will have shares | |
| At the closing, the entrepreneurs have contributed a minimum of €15,000 in cash in exchange for shares | |
| Raised 5k In Private | |
| At the closing, a professional co-investor will have invested at least €25,000 | |
| Prior fundraising in equity or convertible loan with 10 or more investors | |
| Seasoned entrepreneurs | |
| Minimum 2 active entrepreneurs | |
| Valuation set by an organisation specialized in valuations of comparable size | |
| Valuation is less than €1 million or 10x last year’s turnover |
Raise summary
| Crowd investments | €40,500 |
| Committed by others | €0 |
| Amount raised | €40,500 |
| Minimum round | €25,000 |
| Maximum round | €500,000 |
| Shares in the company (total round) | 15% |
| Pre-money valuation | €2,833,333 |
| Post-money valuation min. | €2,858,333 |
| Post-money valuation max. | €3,333,333 |