# Diode Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/diode-group

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: London, UK
- Website: www.diode.energy
- Total disclosed funding: $0.3M
- Latest round: Seed (May 25, 2021)
- Investors on record: 1

## About

Diode Group Limited, established in 2019 and headquartered in London, UK, focuses on technology solutions to enhance customer experiences in the e-mobility and Net Zero sectors.Diode Group Limited is a technology firm that specializes in innovative solutions for the e-mobility and Net Zero markets. Founded by Dan Lawrence-Eyre and Jon Horsfield, the company secured GBP 0.220 mn in Seed funding on May 25, 2021, led by NorthInvest among other investors, bringing its total fundraising to GBP 0.220 mn and current valuation to GBP 2.500 mn.Diode specializes in delivering insight-driven technology solutions aimed at enhancing customer experiences and sales intelligence within the e-mobility and Net Zero sectors. Their core offerings revolve around a comprehensive digital platform that seamlessly integrates various e-mobility solutions, including charge points and solar energy systems. By employing intelligent algorithms, Diode's technology generates personalized energy consumption profiles, allowing users to identify the optimal technologies for cost savings and CO2 emissions reduction. This platform is particularly valuable to major automotive and banking organizations, enabling them to provide their customers with tailored insights and recommendations throughout their purchasing journeys. Diode's solutions are designed for deployment in diverse geographical markets, catering to clients looking to implement net-zero sales strategies globally.Diode generates revenue through a multi-faceted business model that includes subscriptions and partnerships with prominent automotive and banking institutions. Their technology facilitates a streamlined sales process where clients can access tailored insights and tools to enhance their customer engagement. Transactions typically occur through subscription-based access to their digital platform, which allows clients to utilize their intelligent algorithms and user-friendly digital tools. The revenue structure ensures that organizations can leverage Diode's solutions to maximize sales opportunities and improve conversion rates in the e-mobility sector. Specific pricing plans and details regarding flagship products or services are provided directly to clients during the onboarding process, ensuring a customized approach based on individual needs and organizational scale.In June 2021, Diode Group Limited raised GBP 0.220 mn in Seed funding to support its growth and product development. The funding will be allocated towards developing new products aimed at enhancing their platform's capabilities and expanding into international markets. Specific regions targeted for expansion include Europe and North America, with plans to enter these markets by the end of 2023.

## Funding rounds

- Seed, May 25, 2021, $0.3M — NorthInvest

## Investors

- NorthInvest (https://capitalatlas.ai/funds/northinvest) — Seed