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Energo Labs and Biota (A): Persevere, Pivot or Perish?

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Founded by entrepreneurs from Taiwan, Spain and China, Energo Labs is a Shanghai-based international start-up that brings blockchain technology to the energy sector to enable energy producers, such as buildings equipped with solar PV panels, to buy and sell energy to neighbors or other energy consumers. The founders of this young firm found initial support from various parties, including foundations and government agencies, based on phenomenon positioned the firm for an Initial Coin Offering (ICO) in mid-2107, the timing of which turned out to be nearly optimal. Their offering was successful, finding buyers for their funding target in less than a day. When the young firm realised that barriers to entry in Asian energy trading markets were much higher than expected, they were forced to consider alternatives, such as monetizing their core blockchain technology. However, the prospect of abandoning their sustainability-focused mission did not sit well with many of the young staff that would be needed to move Energo to the next level.The potential for their value proposition to address structural imbalances in access to electrical power in Southeast Asia.

【書誌情報】

ページ数:17ページ

サイズ:A4

商品番号:HBSP-NTU213

発行日:2018/8/31

登録日:2019/1/15

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