Tomás Penaguião

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Tomás Penaguião, partner at Bynd Venture Capital, added: “We are very excited to announce our investment in QUIXOTIC. The founding team, with extensive experience in the energy sector, has developed innovative software that offers clear value to customers through cost savings, error minimization and regular updates. We believe that the company is in a privileged position to drive significant change in the digitalization of the energy sector.” Jorge Dobón, founder of Demium Capital, said: “At Demium we are confident that the recent changes in the energy sector open up many possibilities for companies such as Quixotic, which aim to help marketing companies and energy communities adapt to an increasingly changing environment through cross-functional software.” [...] This operation has been co-led by Demium, a Valencian venture capital company that has promoted companies such as Citibox, Holaglow, Dealcar, Ilumo Robotics or Singularu; and Bynd Venture Capital, a Portuguese venture capital fund with more than 14 years of experience focused on seed or early stage investment in technology startups. It has also been backed by Akka, an investment platform formerly known as Blast, co-founded by Pedro Buerbaum and Thomas Rebaud; as well as international business angels. In addition, the company plans to add debt financing through ENISA, the National Innovation Company, with the aim of further boosting its growth. This additional support will allow QUIXOTIC to continue strengthening it