US-based energy efficiency startup Lumian Energy has entered the Turkish electricity supply market under its new brand name, Remus Energy. The company has completed a bridge investment round at a $6 million valuation, with participation from DOMiNO Ventures and Cleantech Ventures.
Lumian Energy, which develops software solutions for energy efficiency, has restructured its Turkish operations and obtained an electricity supply license under the Remus Energy brand. This regulatory approval enables the company to operate as a licensed electricity supplier in the Turkish market.
Digital Infrastructure and Technology Platform
Remus Energy operates on a fully digital platform that transforms traditional electricity supply processes. The company's technology infrastructure is designed to manage millions of subscribers with low operational costs while providing transparent and controllable energy supply services.
Beyond basic electricity supply, Remus Energy provides digital tools that enable customers to:
- Monitor real-time energy consumption
- Analyze energy-saving opportunities
- Track and achieve sustainability goals
- Access data-driven energy management insights
During its two years of operation as Lumian Energy, the company provided energy management services to approximately 2,000 facilities across 75 corporate clients. As Remus Energy, the company has set a target to supply 50,000 MWh of green energy by the end of 2025.
The investment capital will be allocated toward expanding operations in Turkey, developing digital solutions for carbon emission reduction, and strengthening the company's position in regional energy markets.
Levent Şahiner, Co-Founder of Remus Energy, commented on the investment and company vision: "We aim to make energy supply not only accessible but also efficient, sustainable, and trackable. Thanks to our software-based infrastructure, we offer our customers operational flexibility, low costs, and high control. With the new investment round, we aim to accelerate our growth."
