News

November 17, 2020

Tibber raises $65m to take on the European energy dinosaurs

With a smart app and cheap green energy, the goal is to reduce the electricity consumption for European households by 20%


Mimi Billing

5 min read

The Norwegian-Swedish energy startup Tibber raises fresh capital from Eight Roads Venture and Balderton capital.

The Swedish-Norwegian smart energy startup Tibber has raised $65m, equivalent to €55m, to expand its novel approach to household energy to new European markets.

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Tibber was founded in 2016 by the Norwegian Edgeir Vårdal Aksnes and the Swede Daniel Lindén.
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Mimi Billing

Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

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