Sympower is a Netherlands-based startup founded in 2015 with the mission to enable the transition to a fully renewable energy system. The company aims to unlock the flexibility of electric assets across industries and maximize the value of this flexibility across energy markets. With advanced and automated demand response capabilities, they adjust the power of machines and processes when the grid is out of balance. Sympower's non-intrusive software solutions empower traditional industries to become more sustainable, facilitating the shift from fossil fuels to renewables.
They recently secured a €21.30M Series B1 investment on 13 November 2024, with participation from notable investors including Activate Capital, Rubio Impact Ventures, Expon Capital, PDENH, A&G Energy Transition Tech Fund, and the European Investment Fund.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B1 | €21.30M | 6 | European Investment Fund | 13 Nov 2024 |
Series B | €3.00M | 3 | 21 Nov 2022 | |
Series B | €22.00M | 5 | 19 Jul 2022 | |
Grant | €2.31M | 1 | 06 Oct 2021 | |
Series B | €5.20M | 5 | Casper Peeters | 24 Mar 2021 |