Success Story: Flexa
Executive summary
💵 EUR 2.3 Mio. project volume accredited for non-dilutive cash funding
🔐 Project: Development of AI-supported aggregation and disaggregation processes for continuous real-time interaction between the energy market and a virtual power plant
“With the help of FUNDED, we were able to obtain funding through the Forschungszulage without neglecting our development.”
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Interview with Vjekoslav Salapic, Founder of Flexa
Background Information
Q: Can you provide a brief overview of your company and what you offer?
Vjekoslav Salapic: Our team develops smart solutions for the energy transition to meet rising energy demand more flexibly, especially in the residential sector. That's why we at Flexa have set ourselves the goal of building Europe's largest virtual power plant. In doing so, we are contributing to a more resilient and efficient energy grid while enabling private households to become part of a decentralized system.
Q: What specific product or service from FUNDED have you used?
Vjekoslav Salapic: FUNDED supported us with its grant support service to obtain €2.3 million in funding from the Forschungszulage for the development of our platform for bundling decentralized energy systems in a virtual power plant.
Experience with FUNDED
Q: What challenges were you facing before using FUNDED?
Vjekoslav Salapic: Before working with FUNDED, it was not possible for us to apply for the Forschungszulage ourselves, mainly due to time and capacity constraints. With the help of FUNDED, we were able to obtain the funding without neglecting our development.
Q: How would you rate your collaboration with FUNDED?
Vjekoslav Salapic: With extensive experience in the Forschungszulage process, the FUNDED team guided us through the process in a structured and smooth manner. This meant that our application was approved quickly and we were able to continue focusing on our work at Flexa.
