Dexter Energy

Forecast & trade optimization powered by AI

General Information
Company Name
Dexter Energy
Founded Year
2017
Location (Offices)
The Netherlands +1
Founders / Decision Makers
Number of Employees
100
Industries
AI, Renewable Energy, Energy Efficiency
Funding Stage
Series B
Social Media

Dexter Energy - Company Profile

Dexter Energy is an AI-based company founded in 2017 and headquartered in The Netherlands. The company's slogan, "Forecast & trade optimization powered by AI," aptly summarizes its core offerings. Dexter Energy specializes in offering AI-based forecasting and short-term trade optimization products for renewable energy companies. These services are designed to mitigate balancing risk and maximize revenues for energy firms by optimizing their energy portfolio. Dexter Energy's products achieve this by accurately forecasting wind and power generation and imbalances on the grid, resulting in up to 35% balancing cost savings. The company recently secured a significant €10.50M Series B investment on 18 April 2023, with notable investors including Newion, Rockstart Accelerator, ETF Partners, PDENH, and Astelia. To find out more about Dexter Energy, interested parties can visit the company's website at www.dexterenergy.ai.

Taxonomy: Renewable energy, Forecasting, Trade optimization, Balancing risk mitigation, Revenues maximization, Cloud-based solutions, Wind power generation, Grid imbalances, Energy portfolio optimization, Forecast accuracy, Data integration, IT infrastructure connectivity

Funding Rounds & Investors of Dexter Energy (3)

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Funding Stage Amount No. Investors Investors Date
Series B €10.50M 5 Astelia 18 Apr 2023
Series A €2.00M 2 18 Mar 2021
Seed Round Unknown 1 27 Sep 2019

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