Bohr Energie Raises €10 Mn in Series A Round led by Suma Capital

The funding round was led by Suma Capital through its SC Net Zero Ventures fund, which invests in European companies developing technologies that support the energy transition and reduce carbon emissions.

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The round also included investments from Irdi Capital Investissement, GSO Capital, and Crédit Agricole. Existing investors Varsity, Founders Future, and AFI Ventures also participated in the funding round.

Julien Haure, CEO and co-founder of Bohr Energie, stated, “The volatility of energy prices, the evolution of the regulatory framework and the growing complexity of electricity markets make the coordination and optimisation of distributed renewable and flexible assets increasingly necessary to improve the efficiency, stability and competitiveness of the electricity system. Thanks to this investment round, we will be able to consolidate our value proposition and support more renewable producers in our new stage of growth.”

Natalia Ruiz, Partner at Suma Capital, stated, “Bohr Energie addresses one of the structural challenges of the energy transition: efficiently integrating an increasingly distributed renewable generation that is exposed to market signals. The company has developed a differentiated technology platform, with a scalable model and a team with deep knowledge of electricity markets. At Suma Capital, we want to support Bohr in its international growth and help strengthen its role as an enabler of flexibility, digitalisation and renewable integration in Europe.”

Founded in 2020 by Haure, Luis Urday, Julien Chollet, and Jean-Pierre Mader, Bohr Energie helps renewable energy producers manage and sell their electricity more efficiently through its own software platform.

The platform helps customers improve energy use, increase revenue, and make energy management simpler and more efficient.