Ukrainian programmers raise $100,000 from Deutsche Telekom for energy saving solutions

Krakow-based Ecois.me, a provider of hardware and software for energy saving, has snagged $100,000 in seed investment from T-Venture, an innovation fund of Germany’s Deutsche Telekom. Run by a team of Ukrainian programmers, the startup intends to monetize energy consumption reduction.

Ecois.me plans to sell specially designed sensors to customers who keep track of their household power consumption, upload the data on this sensor to a website, and then a mobile app gives tips on how to save energy, recognizing the most energy-inefficient devices and finding ways to optimize the usage of various devices during energy consumption peaks.