How MyGrid raised €600,000 to accelerate the energy transition

The road to growth is full of challenges, especially if you want to launch an innovative product in a competitive market. For MyGrid, the Flemish start-up behind the ModuleOne smart home battery, was no different. To achieve their mission of making renewable energy accessible to everyone, founders Jan Wellens and Stef Van de Gehuchte needed not only capital, but also the right investors. With the help of The Harbour, they created a smart and strategic Funding Process finished, resulting in €600,000 and valuable expertise. This is how MyGrid prepared to fulfill their sustainable mission.
The challenge
Jan Wellens and Stef Van de Gehuchte, founders of MyGrid, had a mission: to make the energy transition accessible to everyone with their innovative ModuleOne, a plug-and-play home battery. But their plans required a substantial financial injection. Developing and bringing their product to market required €600,000 — not just as capital, but also from smart investors with expertise in energy and technology.
Our approach
At The Harbour, we worked with MyGrid to make their funding round a success. We did this in three steps:
- Refine plans: We optimized MyGrid's financial and strategic plans so that they were convincing and insightful to potential investors.
- Putting together a smart financing mix: Together, we created a combination of a bank loan, an investment from PMV and contributions from two business angels. These angels not only brought money, but also strategic insights and a valuable network.
- Pitch to deal guidance: From practicing pitches to completing the negotiations, we assisted Jan and Stef so that they were well prepared to achieve the best conditions.
The result
MyGrid successfully raised €600,000 — a mix of capital and strategic guidance. This allows them to:
- Further develop and certify their ModuleOne.
- Scaling up production and serving their first customers.
- Launch their innovative cloud platform and get off to a strong start on the market.
Thanks to the involvement of business angels, MyGrid now has both financial resources and expertise to make strategic decisions.
With this strong foundation, MyGrid is ready to achieve their mission: making energy solutions accessible to everyone.
I am very pleased with the collaboration. What I particularly appreciate is how they guided us at every stage of the process. Without The Harbour, we would probably still be looking for the right investors. Thanks to their network and expertise, everything went smoothly and we were able to focus on growth.


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