Munich-based Entrix Raises €43M As Europe Boosts Flexible energy Systems

This milestone strengthens its position in flexible energy trading and large-scale battery optimisation.

The financing round was led by energy-focused investors Junction Growth Investors and Korys, with participation from BNP Paribas through its Solar Impulse Venture Fund, alongside Allianz, AENU, Enpal, Abacon, and Arvantis Group.

Entrix, founded in 2021, is an energy trading company focused on battery optimisation and long-term revenue stability through grid-supportive operations.

Read Also - Mandel AI Raises $3.9M Seed Funding For Supply Chain Coordination

The company operates across Europe and currently has 70 battery storage assets under contract, ranging from standalone systems to co-located solar and battery projects. It works with major infrastructure partners such as Encavis and MEAG, along with several regional utilities.

With 3 GW of contracted flexible capacity, Entrix operates at a scale comparable to around three nuclear power plants or the peak electricity demand of roughly three million households. Around 2 GW of this capacity is expected to go live by 2026.

The company says rising renewable energy use and growing power market volatility are increasing the need for flexible energy systems. It also points to the rapid expansion of data centres, which require stable and uninterrupted power, as a key driver of demand for battery storage.

Entrix uses AI-driven trading and optimisation to help batteries respond in real time to price signals, grid demand, and portfolio strategies, turning flexibility into economic value.

Beyond short-term trading, the company also creates long-term, bankable revenue models by working with financial institutions and partners such as Deutsche Bahn Energie to support investment in large-scale energy transition projects.

Entrix’s €43 million funding round comes amid a wider surge of investment across Europe in battery storage, energy optimisation software, and grid flexibility platforms.

Steffen Schülzchen, founder and CEO of Entrix, says: “The scale of projects entrusted to us reflects a structural shift in the energy system: flexibility has become critical infrastructure. Our role is to translate technical performance into stable, risk-adjusted revenues for investors while strengthening grid resilience and enabling renewable integration at scale. This milestone underscores the long-term partnerships and operational depth we have built across Europe.”