Success Stories

Internet of Things Success Stories Series #3
A new approach to an IoT energy based analysis
5. Current status, accomplishments
to date, timeline
Current Status:
The product has a working implementation on an operational
environment (TRL 7). It’s monitoring a 1,6 MWp photovoltaic
plant that is located on Trentino Trasporti logistical site. The
hosting company is the public transportation company in the
Autonomous Province of Trento and has provided us both the
access to their plants and the feedback from their personnel,
both technical and not.
The tester is enthusiast of our overall solution, it has been
very active during product development with a constant and
focused feedback activity. It will be one of our first customers,
since it’s willing to buy the final product as soon as it will be
available on the market.
The team is pushing hard to advance the TRL of the product
with a targeted launch to market set by the beginning of 2016.
Ecogriddy is closing several contracts before the end of 2015
based on the prototype, effectively pre-selling the product.
Accomplishments to date:
Ecogriddy roots lay in the engineering/design consulting sector.
The founders have worked as freelancers and advisors, each
one of them for more than 10 years.
Ecogriddy has been incubated in one of the first cleantech
incubators in Europe (Progetto Manifattura - www.progettomanifattura.it).
Subsequently we have achieved several important milestones:
• our product, at an early prototype stage, has been selected
among the 10 finalists of 2014 EICT Labs Idea Challenge -
Smart Energy Systems. (https://goo.gl/LG0sUt)
• selected by FINODEX Fiware Accelerator and secured 50k €
in equity free funding. (http://goo.gl/vZayWS)
• selected to partecipate to the 1st Fiware Investement Forum
(https://goo.gl/8CbxK3).
Currently Ecogriddy is part of EIT Digital Business Development
Accelerator (BDA).
Timeline
• 2013: Incorporated
• May 2013 - April 2014 : Incubated in Progetto Manifattura
• Oct 2014 - Finalist @ EITICT Labs Idea Challenge 2014 –
SES
• Nov 2014 - Selected among 20 best applications for @
Rockstart Smart Energy Selection Days
• Nov 2014 - Selected among best proposals for @ Startup
Energy Reykjavik
• Feb 2015 - Selected for Finodex (Phase 1,2,3) - 50k € equity
free funding.
• Aug 2015 - First test installation on Trentino Trasporti Logistic
site.
• End 2015 - First contracts signed
• 1 st Qt. 2016 - Market Launch & APIs release
• 2 nd Qt. 2016 - Mobile Apps (Android & IOS)
6. Biography
Luca Silvestri: is the founder and CEO of Ecogriddy. Civil engineer
with 15 years of professional experience. Before starting
Ecogriddy he worked as a freelance engineer and as consultant
for several SMEs. He lives in Trento.
Ivan Favalezza: Lead designer at Ecogriddy.
He is a multiform designer. Expert in typography and interactive
environments. He is an Aiap member and he worked
with some of the best designers in Italy, for museums, cultural
associations, publishers and startups. Serial entrepreneur, he
lives and works between Trento and Verona.
Internet of Things • Success Stories 42 SERIES #3 - November 2015