This is the operational close of the memorandum. It documents the institutional arrangements through which the platform proceeds: existing programme engagements, the strategic supply-partner architecture, the structure of the Seed round, and the direct request the platform extends to the Seed lead investor.
1. Submitted and In-Process Institutional Programmes
The platform's non-equity financing engagement runs two parallel tracks. The High-Tech Gründerfonds engagement is in active conversation under HTGF's seed co-investment model — a structure that materially eases lead-investor diligence by leveraging HTGF's parallel review. The Investitionsbank Berlin engagement is in active conversation under instruments structured for Berlin-headquartered deep-technology platforms. Both are documented in the data room.
The Seed equity round (EUR 2.5 million across three milestone tranches) constitutes the operational runway, complemented by the non-equity tracks above — together delivering the certification, Validation Programme, and series-ready trajectory under documented capital discipline.
2. The European Power Electronics Validation Programme
The strategic supply-partner architecture (Chapter IV) operates through the European Power Electronics Validation Programme — the mechanism for translating the trilateral supply thesis into operational engagement with the European industrial-power vendor ecosystem. The Programme is structured around the deployment of approximately eighty to one hundred iONE platform shells under a twelve-month telemetry-validation engagement: European power-electronics manufacturers contribute modular inputs in kind in exchange for cell-level operational telemetry on their components under real-world extreme-environment deployment conditions.
Deployment-site architecture — six regional counterparties. The Programme's deployment-site architecture is constituted across six regional counterparties, each engaging the platform at a defined climatic and operational envelope. The Mediterranean deployment node is operated through Enerthon Energy Solutions in Cyprus, a regional energy-systems integrator providing operational hosting and grid-edge deployment access. The Central European node is engaged through a Belgrade-based industrial counterparty providing Serbian and broader regional Central European deployment access. The Western Balkans node is engaged through Scala House, providing integrated deployment access across Montenegro and Albania under a single counterparty relationship. The Black Sea and Eastern European corridor is engaged through a Bulgarian deployment relationship under formal counterparty constitution as GT Bulgaria. The Gulf-and-desert envelope is engaged through SEE Engineering on Yas Island, Abu Dhabi — a regional engineering counterparty providing operational access to the desert climatic profile and the regional commercial counterparty layer. The South Asian critical-infrastructure envelope is engaged through a deployment relationship under formal constitution as GT India. Additional deployment sites across the Baltic, Arctic, and Eastern European critical-entities-resilience corridor are positioned for activation against the Programme launch in the post-Seed deployment phase.
The Programme captures field-deployment validation that no individual vendor can construct at acceptable cost — empirical degradation curves, thermal-cycling signatures, electrical-protection behaviour — that the European tandem-cell and battery-management ecosystems require for institutional procurement qualification. For the platform, the in-kind input materially reduces bill-of-materials cost while establishing the partner-vendor relationships through which the assured-supply track of the trilateral architecture operates. The vendor layer is currently structured around four primary European industrial-power vendors (CE+T Power, Eltek, Benning, Vertiv), with engineered expansion across the broader European industrial-power vendor ecosystem (full list in the data room). The Programme operates within the broader European energy-resilience policy agenda — the institutional drive to accelerate European technological resilience against the structural vulnerabilities of the 2022 to 2026 period.
3. The Seed Round: Structure and Milestone Tranches
The Seed round is structured at EUR 2.5 million at a EUR 15 million pre-money valuation (a priced equity round, approximately 14% dilution), across three milestone-based tranches that align capital release with documented operational delivery, each tranche certified by the board.
The deployment those tranches fund is a validation fleet on the order of eighty to one hundred stations, placed for a full annual cycle across the named climate zones — Baltic overcast, Mediterranean and Gulf heat, Alpine and Arctic cold. Its purpose is twofold and inseparable: it hardens the platform to series-ready under documented field conditions, and it is the event that carries the deployed base across the statistical threshold at which the probabilistic layer of iONEOS activates (Chapter IV), generating the proprietary multi-climate LFP-degradation dataset that constitutes the platform's durable data advantage (Chapter III). The Seed capital is therefore not deployed against hardware alone; it funds the single event that converts a deterministic product into a predictive, fleet-learning asset — the point at which the architecture begins to compound.
| Tranche | Amount | Release trigger | Use of funds |
|---|---|---|---|
| I | EUR 800,000 | At Seed close | Certification completion — IEC 62619, UN 38.3, CE/LVD/EMC/RoHS — and EU Battery Regulation 2023/1542 due-diligence (Ch IV §2). |
| II | EUR 900,000 | Against documented Tranche I delivery | Supply-chain governance and Validation Programme deployment across the six named geographies; partner-vendor onboarding; senior commercial-leadership and production-scaling recruitment (Ch VIII); contract-manufacturing engagement (Ch VI). |
| III | EUR 800,000 | Against Tranche II delivery + series-ready metrics | First commercial production-series deployment; iONEOS subscription activation; grid-flexibility revenue commencement; institutional governance infrastructure. |
Taken together with the HTGF and IBB Berlin engagements (both in active conversation), the structure delivers the platform through certification, Validation Programme launch, and commercial validation under a documented operational and governance trajectory.
4. The Institutional Ask: Position Extended to the Seed Lead Investor
The platform extends to the Seed lead investor the formal request to anchor the Seed round at the structure documented above. The category positioning, climate-performance profile, risk architecture, capital-efficiency structure, and founder commitment — documented in Chapters III through VIII — correspond to the institutional thesis on which a European climate-infrastructure lead investor is constituted.
The platform offers the lead investor a multi-segment, multi-jurisdiction, multi-revenue-layer climate-infrastructure asset whose distributed-fleet data architecture (Chapter IV) constitutes the structural data asset long-horizon climate-infrastructure value compounds against. The lead investor offers the platform institutional climate-tech leadership and the limited-partner base through which the platform's post-Seed institutional capital trajectory is constructed. The request is made without dependence on further preliminary engagement: the memorandum is the institutional documentation extended for formal evaluation, the data room holds the operational, financial, regulatory, and technical material the diligence process requires, and the founder team is available for the engagement structure the firm constructs.
Closing
The platform is constructed. The thesis is documented. The capital is sought. The ask is extended. The decision is yours.