Sympower raises €21.3M Series B1 round
18 November 2024· Amsterdam, The Netherlands· energy, ai, industrial_software, b2b, pure_software, demand_response, grid_balancing
The funding will be used to roll out solutions for grid stability for battery energy storage systems, for future mergers and acquisitions, European expansion, and scaling of operations.
Investors
LeadA&G Energy Transition Tech Fund
Also participating
Activate CapitalRubio Impact VenturesPDENHExpon CapitalEuropean Investment Fund
About Sympower
Key People
Simon BushellFounder & CEO
Bo KristensenChief Technology Officer
Kim EssebaggersChief Financial Officer
Stage
Series B
Headquarters
Amsterdam, The Netherlands
Founded
2015
Team Size
201–500
Traction
Portfolio of over 170 industrial and commercial customers
Sectors
energyaiindustrial_softwareb2bpure_softwaredemand_responsegrid_balancing