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...
Volteras, a data streaming platform for the energy and electric vehicle (EV) sector, has raised $11.1 million in a Series A funding round led by Union Square Ventures. Participants included fleet card providers Wex and Edenred, along with existing...
Kamstrup has agreed to acquire Danish company BD Smart Forsyning from Brødrene Dahl, aiming to accelerate digital solutions for the utilities sector. The deal should enhance Kamstrup’s software capabilities, particularly in communication and...
Polish energy company Enea has secured over PLN 9 billion ($2.4 billion) in financing from Bank Gospodarstwa Krajowego (BGK) to upgrade its distribution network with smart grid technology. The funding comes from Poland’s National Recovery and...
Rhizome, a climate resilience planning platform for power grids, has secured $6.5 million in an oversubscribed seed funding round led by Base10 Partners. The funding will support the expansion of its AI-driven platform, product development, and team...
National Grid has partnered with Kraken Technologies to implement an AI-powered platform aimed at improving operational efficiency for 6.5 million residential, commercial, and industrial customers in Massachusetts and New York. The multi-year...
Berlin-based energy provider Trawa has raised €24 million in a Series A funding round led by Headline, a global VC firm. Other investors include Norrsken VC, Balderton Capital, Speedinvest, AENU, Magnetic, and Tiny VC. Founded in 2022, Trawa uses...
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