LIFEPOWR In Antwerp Raises €5.65 Million To Enhance Virtual Power Plant Technology

The funding round was led by Noshaq and SPDG, with ROM InWest joining in, alongside existing shareholders who reaffirmed their support by reinvesting.

“We are reshaping the way prosumers interact with the energy markets,” says Dries Bols, CEO of LIFEPOWR. “The results? They pay less for energy and balance the system. Together we accelerate decarbonisation and the path to lower energy fees. It’s a win win for everyone.”

LIFEPOWR’s funding round aligns with a broader trend in 2025, where European startups are raising capital to enable energy flexibility, asset aggregation, and Virtual Power Plant (VPP) models.

LIFEPOWR’s raise is part of a steady flow of European activity in energy flexibility and VPP development, joining peers like Germany’s Co-Power and Ostrom, the Netherlands’ Dexter Energy and Zympler, and Denmark’s Hybird Energy.

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While none of these announcements are from Belgium, they collectively highlight a pan-European push to aggregate distributed assets, optimize energy flows, and strengthen grid flexibility a trend that LIFEPOWR’s expansion is directly aligned with.

The combined funding across these companies exceeds €53 million.

“This investment is a powerful vote of confidence in our mission to make energy smarter, simpler, and more rewarding for everyone,” adds Bols. “With the support of Noshaq, ROM InWest, and SPDG, we’re scaling faster and helping Europe accelerate its clean energy transition.”

Founded in 2015, LIFEPOWR is an energy technology company revolutionizing how energy is managed, stored, and consumed. With a team of 33 experts, LIFEPOWR’s technology transforms distributed assets from rooftop solar panels and batteries to EV chargers into Virtual Power Plants that reduce CO₂ emissions, lower energy bills, and strengthen the grid.

With the new funding, LIFEPOWR aims to accelerate the shift toward a flexible, sustainable, and affordable energy system.

In contrast to the traditional one-way flow of energy from large power plants to consumers, LIFEPOWR facilitates smart collaboration between millions of small assets: solar panels, batteries, EV chargers, and heat pumps.

Through its FlexiO software platform, LIFEPOWR helps households, businesses, and energy providers automatically align energy use with times of plentiful or scarce energy supply.

“At ROM InWest we back ventures that accelerate the energy transition through scalable, data-driven innovation. LIFEPOWR’s platform embodies this perfectly combining smart technology with tangible impact. We’re proud to support their expansion into the Dutch market and beyond, as they help build a more flexible and resilient European energy system,” Jan Fredriks, Investment Manager at ROM InWest.

LIFEPOWR manages over 22,000 connected assets and collaborates with a network of resellers, white-label partners, and energy providers, all of whom integrate FlexiO into their own solutions.

“LIFEPOWR stands at the crossroads of digital innovation and the energy transition – two areas at the heart of Noshaq’s investment strategy. Their scalable platform and proven market traction demonstrate how technology can unlock the potential of residential flexibility while contributing to a smarter, more resilient energy system.

“Beyond capital investment, our support aims to help LIFEPOWR accelerate its expansion into French-speaking markets and build bridges with some of our portfolio companies. We also see LIFEPOWR as a potential powerful decarbonisation tool for businesses – including those within our own ecosystem enabling them to actively participate in a more sustainable and flexible energy future,” says Nicolas Biet, Investment Manager at Noshaq Energy.

“As an early supporter of LIFEPOWR, we’re proud to continue this growth journey with a team that combines deep technological expertise with a clear vision for accelerating the energy transition. LIFEPOWR’s solution has the potential to leverage flexibility at scale and become a cornerstone of tomorrow’s energy system,” says Jean-Nicolas, SPDG.

About LIFEPOWR

LIFEPOWR is transforming the energy landscape by orchestrating energy flows to balance the grid and unlock the potential of decentralized assets. Their technology enables consumers to reduce energy bills, earn from the energy market and accelerate the transition to sustainable energy by cutting CO₂ emissions from gas-fired peaker plants.