Decade Energy Company Profile

Background

Overview

Decade Energy is a Paris-based company specializing in the electrification of logistics fleets and energy management solutions. Founded in 2024, the company aims to accelerate the decarbonization of road transport by providing comprehensive services that simplify the transition to electric vehicles (EVs) for logistics operators and depot managers. Their mission is to make electric transportation the most reliable and competitive choice for road transport operators.

Mission and Vision

Decade Energy's mission is to make electric transportation the most reliable and competitive choice for road transport operators. They envision a future where the decarbonization of road transport is achieved through fully reliable and economically viable electric solutions.

Primary Area of Focus

The company focuses on facilitating the electrification of logistics fleets by offering integrated solutions that encompass grid upgrades, battery storage, charging infrastructure, and energy optimization software. This holistic approach addresses the complexities and fragmentation often associated with fleet electrification, enabling logistics companies to transition to electric vehicles efficiently and cost-effectively.

Industry Significance

Decade Energy plays a crucial role in the logistics and transportation sector by addressing the challenges of fleet electrification. Their services contribute to reducing greenhouse gas emissions and support the broader goal of achieving climate targets, particularly in Europe, where road transport accounts for a significant portion of CO2 emissions.

Key Strategic Focus

Core Objectives

Simplify Fleet Electrification: Decade Energy aims to streamline the transition to electric vehicles for logistics companies by providing integrated solutions that manage the entire electrification process.

Cost Competitiveness: By optimizing energy consumption and infrastructure, the company seeks to make electric vehicles a cost-competitive alternative to diesel, thereby encouraging widespread adoption.

Environmental Impact: The company is committed to reducing greenhouse gas emissions by facilitating the adoption of zero-emission transportation solutions.

Specific Areas of Specialization

Grid Upgrades: Ensuring that logistics depots have the necessary electrical capacity to support electric vehicle charging infrastructure.

Battery Storage: Implementing energy storage solutions to manage energy supply and demand effectively.

Charging Infrastructure: Designing and installing both AC and DC charging stations tailored to the needs of logistics operations.

Energy Optimization Software: Developing software platforms that monitor and optimize energy usage to reduce costs and improve operational efficiency.

Key Technologies Utilized

Smart Charging Solutions: Technologies that enable efficient and flexible charging schedules to minimize costs and maximize vehicle uptime.

Energy Management Systems: Software platforms that integrate various energy components to optimize overall energy consumption and cost.

Battery Management Systems: Technologies that monitor and manage battery health and performance to extend lifespan and reliability.

Primary Markets Targeted

Decade Energy primarily targets logistics companies and depot managers across Europe, with initial operations focusing on France, Germany, and Sweden. These markets are characterized by a high density of logistics activities and a strong commitment to reducing carbon emissions.

Financials and Funding

Funding History

In June 2024, Decade Energy raised €3.6 million in a seed funding round led by Ananda Impact Ventures and Contrarian Ventures. This funding is intended to accelerate the company's efforts in decarbonizing logistics fleets and expanding its services across Europe.

Total Funds Raised

The company has raised a total of €3.6 million to date.

Notable Investors

Ananda Impact Ventures: A venture capital firm focused on impact investing, particularly in companies that contribute to environmental sustainability.

Contrarian Ventures: A venture capital firm specializing in climate tech investments, supporting companies that address climate change through innovative solutions.

Intended Utilization of Capital

The capital raised is allocated towards expanding Decade Energy's operations, enhancing its technological platforms, and supporting the deployment of electrification solutions for logistics companies across Europe.

Pipeline Development

As a relatively new company, Decade Energy is in the early stages of developing its service offerings. The focus is on establishing partnerships with logistics companies and depot managers to implement electrification solutions. The company has conducted over 500 depot feasibility studies across Europe and has more than 40 projects in active development.

Technological Platform and Innovation

Proprietary Technologies

Integrated Energy Management Platform: A proprietary software platform that integrates various energy components within logistics depots to optimize energy consumption and reduce costs.

Significant Scientific Methods

Depot Feasibility Studies: Comprehensive analyses conducted to assess the viability and requirements for electrifying logistics depots, informing the design and implementation of tailored solutions.

AI-Driven Capabilities

Predictive Maintenance Algorithms: Utilizing machine learning to predict and prevent equipment failures, thereby enhancing system reliability and uptime.

Leadership Team

Casper Norden – CEO & Co-Founder: With a background in commercial electric vehicles, Casper leads Decade Energy, focusing on strategic direction and partnerships.

Alexandre Cleret – COO & Co-Founder: Alexandre oversees operations, ensuring efficient implementation of electrification projects and operational excellence.

Carl-Magnus Norden – Chairman & Co-Founder: Carl-Magnus brings extensive experience in the electric vehicle industry, guiding the company's vision and growth strategies.

Alejandro Ortega – CMO & Co-Founder: Alejandro is responsible for marketing and communications, driving brand awareness and customer engagement.

Mariela Atanasova – Head of Energy Services: Mariela leads the development of energy management services, focusing on optimizing energy consumption for clients.

Competitor Profile

Market Insights and Dynamics

The European logistics sector is undergoing a significant transformation towards electrification, driven by stringent environmental regulations and the need to reduce carbon emissions. This shift presents both challenges and opportunities for companies like Decade Energy, which offer specialized solutions to facilitate the transition.

Competitor Analysis

Volta Trucks: A manufacturer of electric trucks, Volta Trucks focuses on producing zero-emission vehicles for urban logistics.

Einride: A Swedish company specializing in electric and autonomous transport solutions, offering both vehicles and software platforms for fleet management.

Rivian: An American electric vehicle manufacturer that has entered the commercial vehicle market with electric delivery vans.

Strategic Collaborations and Partnerships

Decade Energy's partnerships with Ananda Impact Ventures and Contrarian Ventures provide strategic support and funding, enabling the company to scale its operations and enhance its service offerings.

Operational Insights

Decade Energy differentiates itself by offering a comprehensive, turnkey solution that integrates various aspects of fleet electrification, from grid upgrades to energy optimization software. This holistic approach addresses the fragmented nature of the electrification process, providing a seamless experience for logistics companies.

Strategic Opportunities and Future Directions

The company plans to expand its services across Europe, leveraging its expertise to support a broader range of logistics companies in their electrification journeys. By continuously innovating and adapting to market needs, Decade Energy aims to be a leading enabler of sustainable logistics solutions.