Estonian energytech startup LynxPower raises €550K

 Estonian energytech company LynxPower has raised €550,000 in investment from Giga, Taavi Madiberk (CEO & Co-Founder at Skeleton Technologies) and Marko Virkebau (CEO Stargate Hydrogen).

Founded in Estonia in 2024, LynxPower is developing an AI-based platform for monitoring and managing energy consumption. The platform helps businesses and building managers improve energy efficiency, optimize energy consumption in real time, and reduce energy costs by up to 40%, according to the company's promises. CEO at LynxPower - Indrek Raide.

With the investment, LynxPower plans to accelerate product development and enter foreign markets. 

Giga is a company that creates artificial intelligence support agents used by B2C companies such as DoorDash. Headquartered in San Francisco, USA, the company was founded in September 2025.