The company Ormera will discontinue its services from the second quarter of 2022, and will be liquidated. Together with Ormera, its founders PostFinance and Energie Wasser Bern (ewb) have decided not to continue the portal for measuring and billing self-produced electricity using a blockchain infrastructure, which was launched as a start-up in May 2019. In order to establish Ormera in the market on a sustainable basis, the company would have to raise more funds and quickly become competitive in a very dynamic environment. Such preconditions have not been met.
Ormera, a start-up founded by PostFinance and ewb, offers an online portal for the measurement and billing of self-produced electricity for combinations for own use (ZEV). The process is based on blockchain technology, is fully automated and reduces administrative costs for users.
PostFinance and ewb launched the start-up in May 2019 as part of an innovation process and established initial customer relationships from September 2019. At the end of 2021, together with the shareholders and based on an analysis of the market opportunities, a decision was made not to continue with Ormera from the second quarter of 2022. Ormera will gradually discontinue its business activities.