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Antwerp-based energy tech firm LIFEPOWR secures €5.65 m to scale virtual-power-plant platform in Europe

Kurrant News Desk · ·2 min read

Belgium-based energy-technology company LIFEPOWR has closed a €5.65 million growth funding round led by investors Noshaq and SPDG, with participation from ROM InWest and existing shareholders. The capital injection is earmarked to enhance the company’s distributed-energy-resource and virtual-power-plant (VPP) platform and accelerate market expansion across Europe, beginning with the Netherlands.

Company & Technology Overview

Founded in 2015 and headquartered in Antwerp, LIFEPOWR develops an intelligent energy-management software platform called FlexiO that aggregates and orchestrates distributed assets such as rooftop solar panels, battery storage systems, EV chargers and heat pumps.

FlexiO is described as enabling both households and commercial customers to optimise consumption and generation in response to real-time price signals and grid conditions, and allowing energy providers to leverage aggregated flexibility services to support grid stability. The company currently manages more than 22 000 connected assets.

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Market Context & Competitive Positioning

This raise aligns with a broader industry trend in 2025 of European energy-tech firms securing capital to build flexibility, asset-aggregation and VPP platforms. LIFEPOWR is cited alongside other players such as Germany’s Co‑Power and Ostrom, the Netherlands’ Dexter Energy and Zympler, and Denmark’s Hybird Energy.

The flexibility-service market is increasingly important as renewable-generation and decentralised assets challenge traditional one-way energy flows, driving demand for smarter grid balancing and consumer participation. LIFEPOWR positions itself as a one-stop solution combining asset control (behind the meter), market access for prosumers, and aggregator/BSP (balancing service provider) functions.