Scale Energy secures €2M for decentralised battery storage - Related to merchants, raises, customer, decentralised, rolls
FullEnrich raises $2M seed for customer data aggregation
FullEnrich, a global data enrichment aggregator for businesses, has raised $2M in its first seed funding round. The round was led by Flex Capital, M-Fund, Kima Ventures, First Degree, Offord Ventures, and Duro Ventures.
The Parisian platform, now headquartered in California, will use the Seed funding to accelerate growth in key markets including the US, Europe, Australia, Latin America and Israel, as well as towards product development and hiring for senior roles.
The B2B platform ensures that contact information is accurate, complete, and current. By leveraging more than twenty data insights, FullEnrich is able to offer advanced data verification layers and data quality. Its model is usage-based with no seat-based pricing. FullEnrich's consumers include Mastercard and Docusign.
Benjamin Douablin, FullEnrich CEO, commented: “Today, most data enrichment providers are limited to specific regions or industries. FullEnrich is a transformative option, because it aggregates global data, giving businesses access to the best data enrichment worldwide.
"With unmatched coverage, quality, and ease of use, FullEnrich empowers sales teams all around the world to prospect with confidence—making choosing a data provider a no-brainer.”.
Scale Energy secures €2M for decentralised battery storage
Scale Energy, Germany’s leading developer of industrial battery storage systems, has raised a €2M Seed funding round.
The equity funding is led by Climentum Capital, a European early-stage climate tech investor, with participation from Vireo Ventures as well as existing shareholders Antler and P3A.
With the funding, the organization will expand across Germany and accelerate the deployment of industrial battery projects.
Angel investors in the round included Dr. Christine Prauschke, former Chief Digital Officer at Enpal, Henning Gebhardt, former Global Head of Equities at DWS, and Thomas Rüschen, a former Deutsche Bank Wealth Management executive.
Scale Energy focuses on accelerating Europe’s energy transition by transforming underutilized industrial grid connections into energy storage hubs. The business provides fully funded battery storage solutions that help businesses reduce electricity costs, stabilize operations, and support decarbonization—without requiring upfront investment.
Scale Energy manages the entire process, including acquisition, installation, maintenance, and regulatory approvals. Their solutions are designed for industrial sites, commercial properties, and e-mobility hubs, optimizing energy use and improving grid efficiency. By developing a decentralized battery storage network, it aims to enhance renewable energy integration, strengthen grid resilience, and promote sustainable growth.
Elias Aruna, CEO, commented: “At Scale Energy, our mission is to support industrials in redefining their energy use. We deliver solutions that reduce energy costs, stabilize the grid, and drive decarbonization.”.
Dorte Hirschberg, General Partner at Climentum Capital, added: “Scale Energy is not only unlocking an immense problem in the energy transition, but the team is also solving financial scaling challenges. Few companies manage early on to bundle venture and infrastructure CapEx financing into a convincing structure that enables attractive offerings for industrial clients.”.
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Paytm Rolls Out Solar-Powered Soundbox For Merchants
With a solar panel on top, the soundbox will offer both solar and electricity charging option.
The soundbox is aimed at facilitating merchants in rural and remote areas with electricity shortages.
The Vijay Shekhar Sharma-led business states to have launched India’s first solar soundbox.
Fintech major Paytm has launched solar-powered soundbox for merchants, which can be charged quickly in minimal sunlight.
The Vijay Shekhar Sharma-led business proposes it to be India’s first solar soundbox and will be effective in reducing the electricity costs for small shop owners and other individuals.
“This innovative device requires minimal sunlight for a quick charge that provides full-day power, enabling uninterrupted payments and reliable, consistent service for India’s small shop owners and merchants,” the corporation expressed in an exchange filing.
The soundbox is aimed at facilitating merchants in rural and remote areas with electricity shortages, it expressed.
With a solar panel on top, the soundbox can auto-charge under the Sun. Besides solar power, it can also be charged with electricity. The firm proposes that if the soundbox is completely discharged then also it will only need 2-3 hours of sun exposure to get completely charged.
“It attributes the Paytm QR code that end-consumers can scan to make UPI and Rupay Credit Card payments via UPI,” it added.
The enterprise has specifically rolled out this device for small merchants, including hawkers, cart vendors, artisans, craft sellers, flower sellers, street vendors among others.
“We are committed to empowering India’s small merchants with technology that makes mobile payments seamless and accessible. The Paytm Solar Soundbox is a testament to our commitment to innovation, sustainability, and financial inclusion,” stated Sharma.
The filing also mentioned that the device offers high-quality audio payment confirmation through a 3-watt speaker. It supports audio notifications in 11 languages, catering to a diverse range of merchants and customers across India.
The development comes after the business last year launched an upgraded soundbox device to facilitate payments by tapping a debit or credit card or scanning a QR code. The NFC (near field communication) card soundbox accepts digital payments through scanning QR codes from a user’s phone as well as tapping the bank cards.
A couple of days ago, Sharma stated that the corporation is on track to deliver profit in the next quarter (Q1 FY26) as per the management’s guidance.
In its Q3 FY25 earnings call, Paytm Chief Financial Officer (CFO) Madhur Deora stated that the firm is expecting to turn profitable on an adjusted EBITDA basis in one or two quarters.
Market Impact Analysis
Market Growth Trend
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| 12.0% | 14.4% | 15.2% | 16.8% | 17.8% | 18.3% | 18.5% |
Quarterly Growth Rate
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 |
|---|---|---|---|
| 16.8% | 17.5% | 18.2% | 18.5% |
Market Segments and Growth Drivers
| Segment | Market Share | Growth Rate |
|---|---|---|
| Digital Transformation | 31% | 22.5% |
| IoT Solutions | 24% | 19.8% |
| Blockchain | 13% | 24.9% |
| AR/VR Applications | 18% | 29.5% |
| Other Innovations | 14% | 15.7% |
Technology Maturity Curve
Different technologies within the ecosystem are at varying stages of maturity:
Competitive Landscape Analysis
| Company | Market Share |
|---|---|
| Amazon Web Services | 16.3% |
| Microsoft Azure | 14.7% |
| Google Cloud | 9.8% |
| IBM Digital | 8.5% |
| Salesforce | 7.9% |
Future Outlook and Predictions
The Fullenrich Raises Seed landscape is evolving rapidly, driven by technological advancements, changing threat vectors, and shifting business requirements. Based on current trends and expert analyses, we can anticipate several significant developments across different time horizons:
Year-by-Year Technology Evolution
Based on current trajectory and expert analyses, we can project the following development timeline:
Technology Maturity Curve
Different technologies within the ecosystem are at varying stages of maturity, influencing adoption timelines and investment priorities:
Innovation Trigger
- Generative AI for specialized domains
- Blockchain for supply chain verification
Peak of Inflated Expectations
- Digital twins for business processes
- Quantum-resistant cryptography
Trough of Disillusionment
- Consumer AR/VR applications
- General-purpose blockchain
Slope of Enlightenment
- AI-driven analytics
- Edge computing
Plateau of Productivity
- Cloud infrastructure
- Mobile applications
Technology Evolution Timeline
- Technology adoption accelerating across industries
- digital transformation initiatives becoming mainstream
- Significant transformation of business processes through advanced technologies
- new digital business models emerging
- Fundamental shifts in how technology integrates with business and society
- emergence of new technology paradigms
Expert Perspectives
Leading experts in the digital innovation sector provide diverse perspectives on how the landscape will evolve over the coming years:
"Technology transformation will continue to accelerate, creating both challenges and opportunities."
— Industry Expert
"Organizations must balance innovation with practical implementation to achieve meaningful results."
— Technology Analyst
"The most successful adopters will focus on business outcomes rather than technology for its own sake."
— Research Director
Areas of Expert Consensus
- Acceleration of Innovation: The pace of technological evolution will continue to increase
- Practical Integration: Focus will shift from proof-of-concept to operational deployment
- Human-Technology Partnership: Most effective implementations will optimize human-machine collaboration
- Regulatory Influence: Regulatory frameworks will increasingly shape technology development
Short-Term Outlook (1-2 Years)
In the immediate future, organizations will focus on implementing and optimizing currently available technologies to address pressing digital innovation challenges:
- Technology adoption accelerating across industries
- digital transformation initiatives becoming mainstream
These developments will be characterized by incremental improvements to existing frameworks rather than revolutionary changes, with emphasis on practical deployment and measurable outcomes.
Mid-Term Outlook (3-5 Years)
As technologies mature and organizations adapt, more substantial transformations will emerge in how security is approached and implemented:
- Significant transformation of business processes through advanced technologies
- new digital business models emerging
This period will see significant changes in security architecture and operational models, with increasing automation and integration between previously siloed security functions. Organizations will shift from reactive to proactive security postures.
Long-Term Outlook (5+ Years)
Looking further ahead, more fundamental shifts will reshape how cybersecurity is conceptualized and implemented across digital ecosystems:
- Fundamental shifts in how technology integrates with business and society
- emergence of new technology paradigms
These long-term developments will likely require significant technical breakthroughs, new regulatory frameworks, and evolution in how organizations approach security as a fundamental business function rather than a technical discipline.
Key Risk Factors and Uncertainties
Several critical factors could significantly impact the trajectory of digital innovation evolution:
Organizations should monitor these factors closely and develop contingency strategies to mitigate potential negative impacts on technology implementation timelines.
Alternative Future Scenarios
The evolution of technology can follow different paths depending on various factors including regulatory developments, investment trends, technological breakthroughs, and market adoption. We analyze three potential scenarios:
Optimistic Scenario
Rapid adoption of advanced technologies with significant business impact
Key Drivers: Supportive regulatory environment, significant research breakthroughs, strong market incentives, and rapid user adoption.
Probability: 25-30%
Base Case Scenario
Measured implementation with incremental improvements
Key Drivers: Balanced regulatory approach, steady technological progress, and selective implementation based on clear ROI.
Probability: 50-60%
Conservative Scenario
Technical and organizational barriers limiting effective adoption
Key Drivers: Restrictive regulations, technical limitations, implementation challenges, and risk-averse organizational cultures.
Probability: 15-20%
Scenario Comparison Matrix
| Factor | Optimistic | Base Case | Conservative |
|---|---|---|---|
| Implementation Timeline | Accelerated | Steady | Delayed |
| Market Adoption | Widespread | Selective | Limited |
| Technology Evolution | Rapid | Progressive | Incremental |
| Regulatory Environment | Supportive | Balanced | Restrictive |
| Business Impact | Transformative | Significant | Modest |
Transformational Impact
Technology becoming increasingly embedded in all aspects of business operations. This evolution will necessitate significant changes in organizational structures, talent development, and strategic planning processes.
The convergence of multiple technological trends—including artificial intelligence, quantum computing, and ubiquitous connectivity—will create both unprecedented security challenges and innovative defensive capabilities.
Implementation Challenges
Technical complexity and organizational readiness remain key challenges. Organizations will need to develop comprehensive change management strategies to successfully navigate these transitions.
Regulatory uncertainty, particularly around emerging technologies like AI in security applications, will require flexible security architectures that can adapt to evolving compliance requirements.
Key Innovations to Watch
Artificial intelligence, distributed systems, and automation technologies leading innovation. Organizations should monitor these developments closely to maintain competitive advantages and effective security postures.
Strategic investments in research partnerships, technology pilots, and talent development will position forward-thinking organizations to leverage these innovations early in their development cycle.
Technical Glossary
Key technical terms and definitions to help understand the technologies discussed in this article.
Understanding the following technical concepts is essential for grasping the full implications of the security threats and defensive measures discussed in this article. These definitions provide context for both technical and non-technical readers.
API beginner
How APIs enable communication between different software systemsfintech intermediate
platform intermediate
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