Ferntech Raises Seed Investment from Factor[e] to Bring Visual Programming Control to Microgrids
by Roy Emmerich, South Africa (EUREC 2008/09), CEO Ferntech GmbH
Ferntech GmbH (www.ferntech.io), formerly known as ´Infinite Fingers GmbH`, managed to secure a seed investment from Factor[e] Ventures (www.factore.com) to fuel the development of the company's microgrid monitoring and control platform. Ferntech's technology allows microgrid developers to connect components from any manufacturer, monitor a fleet of systems from a single dashboard, and add smart behavior to their grids with simple visual programming tools. These features reduce the cost and complexity of deploying new microgrids and create new possibilities in addressing global access to energy with off-grid and hybrid power systems.