Press release Statkraft Ventures investst a seven-digit sum in hotel digitizer Betterspace

[Ilmenau/Düsseldorf November 2019] Statkraft Ventures has led the €3 Million Series A financing-round in Betterspace with participation of existing investor InnoEnergy. Betterspace has convinced with their 360° software solutions for digitization in the hotel industry.

360° solutions for hotel digitization and energy efficiency

Digitisation is getting more and more important for the hotel industry. As the leading provider of 360° software solutions in the DACH region, Betterspace offers a range of integrated digital assistants to better meet the needs and wishes of hotel guests. At the same time, Bettespace’s digital solutions make work processes more efficient and relieve hotel staff. The hotel digitizer’s mission is to give hoteliers more time for what is important: the guests. Betterspace’s In-Room Tablet with its wide range of functions offers a special service and increases the revenue per room while at the same time reducing the workload of hotel employees. The intelligent room control system automatically controls the radiators and air conditioning, thus saving energy costs.

Fresh capital for internationalization

Stefan Hülsen, Senior Investment Manager at Statkraft Ventures, comments: ”Reducing the hotels operating expenditures while increasing revenue is a strong selling point not only for Betterspace’s clients but also for us. The company’s technology as well as the strong and demonstrated need in the hospitality industry for integrated products and services has convinced us to support the founders on their way to becoming the leading hotel digitalization provider.”

Statkraft Ventures from Düsseldorf recognized the potential of digitization in the hotel industry and invested the seven-figure sum in the company. The fresh capital will now be used by the company to further grow internationally. “We have already been able to convince the hotel industry in the DACH region of our holistic solutions. Now we will concentrate on offering hotels abroad the same value and service. With Statkraft Ventures, we will be able to drive our international growth even further,” said Alexander Spisla, CEO of Betterspace. More than 700 customers from 10 countries already rely on Betterspace and its smart solutions. It was only at the beginning of the year that Betterspace opened a branch in Salzburg.

Digitale Lösungen von Betterspace im Hotel Radisson Blu Erfurt

About Statkraft Ventures:

Statkraft Ventures GmbH is a European venture capital firm working with exceptional entrepreneurs disrupting the energy sector. The company is exit-driven and backed by the Statkraft Group, Europe’s largest producer of renewable energy. Statkraft Ventures most recently invested in METRON, an innovative French company in energy intelligence for industries, and Deepki, French’s leading Real Estate SaaS platform.

Über EIT InnoEnergy:

EIT backed InnoEnergy is the innovation engine for sustainable energy across Europe. With high-quality services, funding and an Europe-wide network of more than 400 partners from education, research and industry InnoEnergy supports and invests in innovation at every stage of the journey. Today, InnoEnergy is invested in more than 200 start-ups including Northvolt, Skeleton and Hardt Hyperloop.

About Betterspace:

With the 360° Hotel Cloud Betterspace offers smart, intelligent and most of all digital solutions, that revolutionize the everyday work of hoteliers and delight guests. In addition to satisfied guests, hotels benefit from increasing revenues, lower operating costs and automated processes. At the same time, Betterspace supports hoteliers in pushing sustainability in hotels and protecting the environment. Betterspace’s portfolio ranges from smart solutions for guest communication over intelligent energy management solutions to hotel infrastructure offerings. The smart solutions impress with their easy handling and uncomplicated integration into existing structures, true to the motto “Smart, digital & simple”. Learn more at:

Photos: Betterspace. Reproduction on request if source is quoted. Unauthorized distribution/publication of the photographic material to third parties is prohibited.