![]() The new capital will be used to double the headcount from 20 to 40 in the next 12 months with a special focus on hiring an experienced CFO as soon as possible. Instagrid is a fabless startup without its own factory outsourcing battery production to a European contract manufacturing partner and plans to deliver thousands of units to their channel partners in Summer 2020. Another use case is mobile EV charging as Instagrid’s batteries can also be stacked to provide more power. Initial target markets include construction and professional gardening. In reality, Instagrid’s battery is easy to carry around and delivers grid-like power with 230V and 3.6 KW to any equipment, packing enough energy for an entire offgrid workday wherever you go. Each battery cell is controlled by its own power converter which enables intelligent swarm-like behaviour within a software-defined battery. However, the Co-Founders’ self-confidence stems from a very small, low-cost and highly efficient AC/DC power converter and distributed software developed inhouse over 2 years. Instagrid claims that they have the world’s most advanced mobile battery. Andreas and Sebastian opted for becoming Co-CEOs as they preferred to experience the learning curve of the Founder CEO in parallel and always with a human backup at hand. At Bosch’s Power Tools unit, they identified the market opportunity for a sophisticated mobile battery for professionals working in the field and decided to leave the safe harbour of the corporate behind and start their own company. The Stuttgart-based startup was co-founded in January 2018 by the impressive duo Sebastian Berning (PhD in Physics from University of Göttingen) and Andreas Sedlmayr (PhD in Material Science from Karlsruhe Institute of Technology) who worked together for 5 years at Robert Bosch honing their technical development, product management and supply chain skills. ![]() While this sounds very romantic, the A round is a major milestone for every startup and the beginning of a long-lasting relationship with many board meetings and follow-ons until the M&A or IPO exit. In fact, Instagrid and SET Ventures met for the first time at Ecosummit Berlin 2019. At the same time, this transaction boosts our Ecosummit track record of successfully matching startups and investors. Today Instagrid makes a big step forward and celebrates the closing of its €8.5M Series A led by SET Ventures and joined by Segnalita Ventures, part of the Swarovski family office which also owns Tyrolit, Germany’s early stage power house HTGF and the Frankfurt-based family office oup. Their solution is replacing stinky diesel gensets with silent mobile batteries. Their goal is smart green electrification without local CO2 emissions. For more design inspiration, you can also check out our Facebook logos.They take mobile electricity where it has never gone before. Use it across your social media platforms other than Instagram to achieve a wider reach and create a cohesive identity throughout. When you’re done, download the file in any format you need. ![]() ![]() Refine its colors, font styles, shapes, and sizes. Make sure to pick the one that fits your branding. To begin, browse our collection of Instagram logo designs. As long as you have a good eye for design and a solid understanding of your visual identity, then we’re all set to start! Make sure your brand sticks to their mind by using striking Instagram logos! With BrandCrowd’s Instagram logo maker, you can create stunning logo designs without burning a hole in your pocket! It’s ideal for social media influencers and vloggers who are just starting out in this field. Being on Instagram means giving your audience an IG-worthy experience - from the posts on your feed to the logo you use on your reels.
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