lit, a cleantech startup that optimizes energy consumption through a patented plug & play device and proprietary load disaggregation algorithms, has closed a €570,000 investment round.
The round was led by Zero, the cleantech accelerator that is part of CDP Venture Capital’s National Accelerator Network with Eni as main partner, and included follow-on investments from CDP Venture Capital and Zest. Additional participation came from CDP Venture Capital’s Accelerator Fund, Ortus Capital, Angels4Women, and several business angels.
lit, which was selected and accelerated during the third edition of Zero, has developed a patented technology that virtualizes the electricity meter, turning traditionally analog infrastructure into a real-time digital platform. Through electrical load disaggregation, lit provides granular, actionable insights into energy usage, enabling measurable savings for users and new services for companies.
With over 100 proprietary energy profiles and a B2B customer base in Italy and abroad—including some of the leading utility companies—lit already counts hundreds of active users leveraging the platform to monitor and reduce their consumption, improving sustainability and awareness.
The capital raised will enable lit to accelerate its commercial scale-up in Italy and across Europe.
"We want to make the energy sector truly data-driven—a sector that appears to be, but in reality still isn’t," says Alessia Lucentini, CEO of lit. "Enabling the energy transition requires more than good intentions; it demands informed, real-time decisions based on granular, accessible data. Only then can users become active participants in the change, and companies offer new services built on objective foundations. The first step is virtualizing the electricity meter, turning analog infrastructure into a real-time digital platform. Energy disaggregation is the enabling technology of future energy: it makes energy transparent, with clear, personalized, and optimized tariffs based on actual consumption behavior."
Stefano Molino, Head of the Accelerator Fund at CDP Venture Capital, added: "lit has developed an innovative, patented technology that is positioning it as an increasingly relevant and authoritative player in the cleantech space. We have great confidence in the skills and vision of the lit team, led by highly qualified female entrepreneurs. lit fully aligns with the goals of Zero, and we are confident it will make a meaningful contribution to the energy transition."
The capital raised will allow lit to accelerate its commercial scale-up in Italy and across Europe, expand its team, consolidate its patent portfolio, and strengthen the technology behind its platform, with the goal of becoming the reference data infrastructure for flexible, transparent, and user-centric energy.
According to a recent report by IEA and McKinsey, the global market for energy efficiency services surpassed $300 billion in 2023, driven by the need to reduce emissions and improve the sustainability of existing infrastructure. Digitalization technologies, including load disaggregation, represent one of the highest-potential segments, due to growing demand for intelligent, personalized solutions from both businesses and consumers.
With its plug & play solution, lit is part of this trend, providing a concrete answer to one of the most urgent challenges of our time: making energy understandable, optimizable, and accessible to everyone.