Truffle Capital was a pioneer investor in the exciting field of Energy
Founded in 2010, Actility is developing ThingPark®, a next-generation M2M (machine-to-machine) communication platform designed for massively scalable deployments of mission-critical applications.
By leveraging this infrastructure, Actility designs applications targeting key areas of the smartgrid, such as demand management and demand shifting. These applications help limit consumption peaks and reduce the carbon footprint per kilowatt-hour. Actility’s admission control technology also reduces the incremental investments in the distribution network required to serve the needs of electric vehicle charging.
Truffle Capital’s investment in Actility in October 2010 will allow the first release of ThingPark® (due to be operational in 2011). The Actility team was behind the introduction of VoIP technology into wireless broadband routers in Europe, including management of Orange’s entire fleet of Liveboxes.
Following an investment by Truffle Capital in 2006, Watteco has begun marketing its technology worldwide. As energy prices continue to rise, the efficient use of appliances and devices is becoming more important. This growing trend combined with breakthrough technology is an opportunity to become a world leader in Energy control.
Truffle Capital board member: Jean-François Fourt