ecoplanet funding news – ecoplanet Secures €16Million in Series A Round Funding
Jan 20, 2025 | By Kailee Rainse
ecoplanet, the energy orchestration layer for businesses, has completed a €16 million Series A funding round led by EQT Ventures, with continued support from HV Capital and additional market experts.
SUMMARY
- ecoplanet, the energy orchestration layer for businesses, has completed a €16 million Series A funding round led by EQT Ventures, with continued support from HV Capital and additional market experts.
- EQT Ventures is an early stage lead investor built by founders and operators, offering the next generation of entrepreneurs a fast track to scale.
The investment will accelerate go-to-market and further build out software capabilities, focusing on leveraging state-of-the-art AI across the entire value chain, from individual machine-level to the energy market.
Read also - VitVio funding news – London-based VitVio has Secured €1.8 Million in Pre-Seed Funding
With over 2 TWh of energy managed across 2,000+ locations, ecoplanet’s AI-based software simplifies energy management by integrating supply- and demand-side processes, optimizing energy usage, lowering costs, and ensuring regulatory compliance. In effect, with ecoplanet, companies can consume energy when it’s green and affordable.
Maximilian Dekorsy, Co-Founder of ecoplanet said, “Our €16 million Series A round marks a significant milestone, Rising and increasingly volatile energy costs have become a critical threat to European businesses, with the potential to drive many out of business if left unaddressed. Our software empowers companies to cut energy expenses, turn challenges into growth opportunities, and secure their long-term survival.”
Addressing Energy Challenges
The European energy landscape has shifted significantly, threatening over 200,000 businesses. Since 2019, energy price volatility has surged by 500% and is projected to double again within the next year.
With energy costs often exceeding 10% of operating expenses, businesses are vulnerable to sudden price spikes, increasing financial pressure. New regulations further drive the need for more integrated energy management practices, also taking into account the surging variance in electricity supply.
ecoplanet’s software revolutionizes energy management by delivering actionable insights, automated processes, and data-driven decisions, minimizing manual effort while ensuring compliance. The majority of customers have cut costs by up to 20% within the first 12 months and reduced workload by up to 60%.
Dr. Henry Keppler, Co-Founder of ecoplanet said, “Energy markets are undergoing a paradigm shift. With renewables already exceeding 50% of electricity generation, a fully integrated energy management is essential, Just as households charge EVs when solar output is high, businesses must align energy use with availability. As the share of renewables grows further, ecoplanet enables customers to benefit from green electricity at optimal times, pioneering AI-powered software for smarter business operations in Germany and beyond.”
Strategic Partnership with EQT Ventures and HV Capital
Sandra Malmberg, Partner at EQT Ventures said, "EQT Ventures, experienced in scaling sustainability-driven businesses, offers ecoplanet global expertise and an extensive network of industry partners. We are happy to support ecoplanet as they redefine energy management and procurement for European businesses, Their innovative approach meets a critical market need, and we’re excited to help accelerate their growth. "
Felix Klühr, General Partner at HV Capital. ”Next to EQT’s investment, HV Capital has reaffirmed its strong commitment to the company’s mission and doubled down once again. Our investment in ecoplanet almost two years ago has exceeded expectations,” “The team’s ability to deliver at speed and drive innovation to solve a fundamental problem of European companies is impressive. Together with EQT Ventures, we look forward to supporting their next chapter.”
About ecoplanet
Founded in mid-2022 and headquartered in Munich, ecoplanet has quickly emerged as the pioneer in energy management software, creating a category-leading solution that seamlessly integrates on-site processes and machines with the energy market. With a strong team and the backing of prominent investors, ecoplanet is revolutionizing how businesses manage and utilize energy to drive operational excellence and long-term resilience.
About EQT Ventures
EQT Ventures is an early stage lead investor built by founders and operators, offering the next generation of entrepreneurs a fast track to scale. The fund is based in Luxembourg and has investment advisors strategically located across Stockholm, Amsterdam, London, New York, Berlin, and Paris. Currently investing out of its third (€1.1B) fund, the largest early-stage fund ever raised in Europe, EQT Ventures is one of the most active VC firms partnering with hundreds of ambitious founders and startups.