The smart electricity meter Eliq from Sweden, gets SEK 4 million (500k euro) investment from CBC Investment Group
CBC Holding AB has signed an investment agreement in Eliq AB. The company is active in intelligent energy solutions connectable to IoT solutions for the home. Eliq AB's technology includes An innovative signal processing technology and a sensor technology for the collection of energy data.
The company's sector growth is estimated at 62% per annum 2013-2019. Eliq's first generation product has been sold in 35,000 units. CBC Holding AB will take a board of directors in Eliq AB.