Lichtwart
Lighting Management & Maintenance Platform
The Problem
Outdoor lighting still works the same way it did decades ago. The only significant change has been the switch to LEDs. However, lighting systems haven't become intelligent and don't respond to environmental changes, resulting in continued high energy consumption and costs.
Additionally, the remote locations of many lighting installations make service and maintenance both costly and logistically challenging for their respective operators.
The Solution
The Lichwart team has developed a cloud-based light management platform that, together with a small hardware component, enables operators to simply make existing light installation smart and controllable.
The platform lets them remotely monitor and control their systems, adjust light intensity based on ambient brightness, and automatically notify service technicians when maintenance is needed. This improves their CO2 footprint and the reliability of the lights, without high initial investment or additional staff requirements.
Why we invested
The company's unfair advantage lies in its deep knowledge and extensive network within the commercial lighting industry. They recognized the opportunity for a simple cloud-based IoT solution in their home market and seized it. Prior to founding Lichtwart, Gregor and Johannes worked together in an SME in the lighting and outdoor advertising industry. Third co-founder, Jackson, previously worked at IoT company Relayr, which was successfully acquired by Munich Re for €300m.
With an exceptionally strong and experienced team, the company has ambitious plans to scale across Europe and the US, aiming to become the new industry standard for smart commercial lighting systems, reducing both CO2 and light emissions.