encentive nets €6.3M from General Catalyst to cut industrial energy bills via AI

German software company encentive has raised €6.3 million to expand its AI platform, connect more industrial assets, enter new markets, and strengthen its technological leadership. The round was led by General Catalyst, with participation from existing backers Summiteer, SIVentures, Vireo Ventures, HelloWorld, and angels Stefan Müller and Bernhard Niesner.

As industry, the world’s largest energy consumer, electrifies to reach net zero, power demand is rising, while expanding renewables increase supply and price volatility. In this environment, harnessing flexibility becomes a decisive lever for competitiveness and decarbonization.

encentive reduces industrial energy costs and emissions with its AI energy-management platform. Its core product, flexOn, serves as an intelligent control centre that aligns bidirectional energy flows with local and market renewable availability, automatically shifting consumption to green, low-cost periods and leveraging existing storage and flexibility.

By unlocking flexibility in refrigeration, heating processes, batteries, and production lines, flexOn generates optimised schedules and autonomously controls assets in real time, helping medium and large industrial users (≥2 GWh/year) cut electricity costs by up to 20 per cent while significantly reducing CO₂.

Already deployed at leaders such as Metro Logistics, Dachser, and Klingele, and now used by major utilities as a flexibility platform, encentive will use the new funding to hire talent and scale core capabilities. This will enable large customers and partners to integrate flexOn independently via a dedicated onboarding suite as it expands into new sectors and markets.