Meazon announces that Alpha Ventures Capital Management has decided to invest in the company and share its vision about employing IoT technology in energy management and efficiency.
Christos Karampelas, managing director of Alpha Ventures Capital Management, stated: “Recognizing the adverse impact of the greenhouse effect on the environment, we anticipate that in the years to come the international community will take decisive steps aiming to the significant long-term reduction of the greenhouse gas emissions.” and Mr. Karampelas continues “Energy efficiency will be one of the pillars that will play a crucial role in achieving this goal. The fundamental background of energy efficiency is the uninterrupted, transparent, accurate and reliable real-time energy measurement that will enable energy producers and consumers to make energy management decisions, in a timely and economically efficient manner. Meazon’s offering makes energy efficiency for the first time a tangible reality, with a uniquely multi-featured miniaturized submetering system at the most competitive total ownership cost. We are honored to partner with a founding team of such caliber and we are looking forward to closely working with George, Stelios and John in making Meazon a household name in the energy efficiency market.”
Stelios Koutroubinas, Founding Partner and CEO of Meazon, stated: “We are very excited to see that our vision of bridging the gap between Internet of Things technologies and Energy is shared with Alpha Ventures Capital Management. We believe that our partnership will take the company forward, by supporting it to develop a globally competitive product portfolio, using technology to accelerate energy efficiency efforts in buildings and cities. We are looking forward to working together and make the company a global leader in energy management technology.”