Enscryb venture end-of-life
We regret to announce Enscryb will no longer continue operations as of June 1st, 2026.
The Enscryb Venture was successful in identifying customer challenges and market opportunities in energy flexibility management and our developed technology and proof of concepts showed promise in addressing simulation and real-time orchestration. However, we have concluded this standalone business is not a priority within the current Nokia strategy.
Nokia acknowledges the appropriateness and timeliness of the energy orchestration topic and applaud our internal team’s tenacity and ambition to build an adjacent business. Nokia remains committed to the power of connectivity in the energy sector, energy efficiency of its products and sustainability in its business and value chain.
Enscryb would like to thank our followers for their support.
