suena energy, a technology company specialising in algorithmic optimisation and trading for energy storage systems and renewable energies, has successfully closed an €8 million Series A funding round.
suena energy’s proprietary Energy Trading Autopilot enables fully automated, AI-driven trading of flexibilities across all relevant power and ancillary service markets.
Using real-time data and forecasts, the platform generates optimal dispatch schedules to maximise revenues while minimising risk and battery degradation.
A key focus of the growth strategy is the rapidly expanding market for co-located storage. These projects not only offer operational synergies and new revenue models but also require strong technological, regulatory, and economic integration. suena energy addresses this complexity with a software approach that can flexibly adapt to market and project conditions, helping customers to develop storage projects quickly, efficiently, and profitably – for a resilient, decentralised, and decarbonised power system.
Dutch energy company Eneco led the round through its investment arm Eneco Ventures. It was joined by impact venture capital fund InnoEnergy and existing investors InnoEnergy, J.O.S.S., Santander, and Energie 360°.
“This funding round marks a strategic milestone for us, enabling us to take our business model to the next level – with strong partners at our side who share our vision”, said Lennard Wilkening, PhD, Co-Founder and CEO of suena energy.
“Eneco Ventures and 4impact are highly complementary to our existing investor base. Their strategic-operational and digital technology expertise brings us closer to our goal of becoming a leading provider of intelligent flexibility trading in Europe.”
Till Wyszynski, Investment Director at Eneco Ventures, shared:
“suena energy impressed us with its outstanding team, innovative trading platform, and clear vision.
The ability to optimise complex assets like the combination of renewables and storage in real time is a crucial element of the energy transition. suena energy has the potential to become a market leader in this space.”
According to Pauline Wink, Managing Partner and Co-Founder of 4impact capital:
“We are deeply impressed by Suena Energy’s focus on optimising co-located storage and renewable energy – an increasingly vital component of the energy transition – as well as the strength and complementarity of its founding team.
The team has secured key customers, developed clear growth plans, and achieved significant progress.”
suena energy will use the fresh capital to strengthen its position in the rapidly growing energy storage market, with a focus on international expansion, scaling its business model, and optimising the co-location of storage systems with renewable energy assets.
Lead image: suena energy. Photo: uncredited.
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