NOX Energy BV

Based in Belgium, NOX Energy BV, operates as a software provider for managing heat pumps, solar panels, and batteries based on energy prices and grid demand. Based in Antwerp, Belgium and founded in 2024, NOX Energy BV offers software solutions for energy management. The funding will support the company's expansion beyond Belgium and the Netherlands while integrating its optimization technology into existing manufacturing and supplier platforms. NOX Energy offers an advanced smart energy management system designed to optimize the integration of heat pumps, solar panels, and batteries for residential consumers.

The platform connects home energy assets, enhancing energy efficiency and reducing costs. It utilizes real-time weather data and energy market signals to optimize energy consumption patterns, including dynamic tariff optimization and predictive weather controls. The company primarily serves residential customers across Europe, appealing to environmentally-conscious homeowners. NOX Energy generates revenue through a subscription-based model that provides users access to its energy management platform.

Customers connect their heat pumps, solar panels, and battery systems to the NOX system, which optimizes energy usage. The transaction structure is direct-to-consumer, allowing home energy asset owners to potentially earn discounts on their energy bills through participation in grid balancing initiatives. The monetization of energy efficiency and grid balancing services is central to NOX's operational framework. The company plans to expand its operations outside Belgium and the Netherlands while embedding its optimization technology across existing manufacturing and supplier platforms.