This has been a striking change that I've seen accelerate in the last two years. How start-ups and innovation have really disrupted existing business models and industries. None more so than the Utilities and Auto OEMs. It's no surprise how established global players in these old world industries are not only creating institutional investment arms, but also directly and aggressively buying start-ups. Energy storage, EV-Charging and Autonomous Driving being particular areas of attention and acquisition.
It's also no surprise then, that at Hyperion, in the last 18 month so many of our assignments have been with post (big) investment or post acquisition companies in energy storage and eMobility. Frequently opening new divisions and territories. It's be a really successful and enjoyable year. Here's to what 2018 will bring. Hold on to your hats!
But not only large new players are changing the energy sector: more and more startups are entering the scene and a lot of those firms have been growing rapidly. Just look at companies like Next Kraftwerke, Limejump, Tado, Milkthesun, Thermondo, Greenergetic, Qinous, Sonnen, or Lichtblick to name some established startups from Germany and the UK — they all developed dominant roles in just a few years.