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Portuguese company Eneida.io, known for its cutting-edge Neighbourhood Grid Intelligence for Zero Emission Neighbourhoods (ZEN) technology, has recently announced the successful completion of a €10.5 million Series B financing round. The funding injection will enable Eneida.io to elevate their commitment to customer satisfaction, amplify their innovative efforts, and extend their market presence, ultimately aiming to build sustainable neighborhoods for everyone.

Eneida.io’s CEO, Carlos Pina Teixeira, expressed enthusiasm for the investment, stating that it will provide the necessary resources to enhance their value proposition for customers. The company’s primary goal is to revolutionize urban living by implementing their ZEN technology, which promotes zero-emission neighborhoods. By leveraging advanced grid intelligence, Eneida.io aims to create a sustainable future, in which urban areas no longer contribute to environmental degradation.

With the new funding round, Eneida.io will further accelerate their research and development initiatives, allowing them to continuously innovate and improve upon their existing solutions. By bridging the gap between renewable energy sources, smart grids, and urban planning, the company envisions a world where sustainable living becomes the norm.

Eneida.io’s success in securing investment demonstrates the growing recognition for sustainable practices within the technology and real estate sectors. As climate change continues to be a pressing concern, companies like Eneida.io are at the forefront of developing innovative solutions, offering hope for a greener and more sustainable future.