Loyal Investment

Jean-Philippe Paupe
Favonius Energy
Referral partner
INSEAD
Traction

Ongoing pilot managing energy consumption of 53 electric buses with TOKS, 2nd largest bus operator in Lithuania.

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What is it?
Favonius software turns electric bus and truck depots into grid assets, earning revenue from TSO ancillary services and local flexibility markets. We are building the infrastructure layer that connects Europe's electrified mobility to its energy system.
Stage
Pilot
Would like mentoring on...

We have a 53-bus pilot in Lithuania, a BSP application live with Litgrid, and a €2M pre-seed in SAFEs in progress. Four areas where sharp advisors move the needle: 1. GTM: pricing, partnerships, defensibility. We need to sharpen pricing and decide which partnership structures create distribution without creating lock-in or disintermediation risk. Target outcome: 3-5 signed commercial contracts before Seed. 2. Introductions to fleet operators: Our ICP is bus, truck, and van depot operators with 50–200 vehicles across Europe. Warm introductions to fleet directors, heads of energy, or sustainability leads compress a 6-month procurement cycle to weeks. 3. Fundraising: Raising a €2M SAFE, anchored by existing angels. Looking for introductions to European climatetech and mobility pre-seed investors, and advice on round sequencing into Seed. 4. Hiring: 2 critical hires in the next 6 months. 1 Full-stack or energy-systems engineer helping with depot-level integration and ensuring software reliability when meeting real-world constraints; 1 Energy markets expert In Netherlands/Baltics/Germany/Denmark, with hands-on BSP or aggregator experience for TSO ancillary markets (aFRR) and Local Flexibility Markets like Gopacs in the Netherlands

This is where you can find what a company would like mentoring on. The field will become available when you are onboarded.

Sector
Cleantech/ Impact
Not listed
UN SDG(s)
7
None
Where can I learn more?
Learn more here
Country
Netherlands
Not listed.
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Joris Zilinskis
Favonius Energy