Eindhoven-based Tibo Energy has secured €6 million in seed funding to accelerate the rollout of its AI-powered Energy Management System (EMS) across Europe. The round was led by KOMPAS VC, with participation from Hitachi Ventures, WEPA Ventures,...
Berlin-based digital energy provider Ostrom has raised €20 million in a Series B funding round to accelerate the deployment of smart meters across Germany and scale its NeoGrid Virtual Power Plant. The round, led by Eneco Ventures with...
Greece’s Hellenic Electricity Distribution Network Operator (HEDNO) has signed with Itron to upgrade the country’s power grid. The agreement aims to support Greece’s goal of achieving net-zero emissions by 2050. The project...
TotalEnergies Power & Gas Belgium has partnered with Swiss AI startup Exnaton to launch dynamic electricity tariffs in Belgium, a first for the country. The AI-driven platform processes smart meter data and real-time price signals, automatically...
US energy provider Southern Company has partnered with SwissDrones, a Swiss-based developer of long-range unmanned helicopter systems, to enhance its infrastructure monitoring capabilities. The agreement includes the deployment of SwissDrones’...
Barcelona-based clean energy startup Tether has secured €1.3M in pre-seed funding to advance its AI-driven electric vehicle (EV) grid integration technology. The round was led by Draper B1 and K Fund, with participation from Southern European...
Four energy software companies—Energy21, Ecedo, Jules, and Gridhub—have merged to form Eneve, a Netherlands-based firm supported by Amsterdam’s Vortex Capital Partners. The combined entity aims to provide an integrated software platform for...
Swedish energy tech startup Engrate has raised €2.5 million in a funding round led by global VC firm Maniv, with participation from Eviny Ventures, Course Corrected, and early backers including Norrsken and NP-Hard Ventures. Founded in 2024 and...
Italian utility AcegasApsAmga has begun a project using Siemens’ Gridscale X technology to enhance power grid monitoring in Trieste. The initiative supports the city’s electrification strategy, aimed at reducing pollution from the Port of...
Melbourne-based smart energy company Amber has raised €25.6 million in a funding round led by European impact investor ETF Partners. Dutch firm Rubio Impact Ventures, along with existing investors Square Peg and Gentrack, also participated. The...
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