ENVIOTECH raises €1M pre-seed for smart street lighting

Frankfurt-based smart city startup ENVIOTECH has secured €1 million in pre-seed funding to advance its intelligent retrofit solutions for public street lighting. The round was led by Jürgen Fitschen, with participation from Joachim Drees. The company was founded by Adrian Rhaese alongside Linh Pham following a personal experience that highlighted the risks associated with outdated public infrastructure.