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Dexter Energy Raises €10.5 Million To Expand Its Ai-Based Renewable Power Generation Forecasting Markets And Double Its Team

PRIVATEApr 18, 2023

Amount Raised

€10.5 Million

Round Type

Funding Round

AmsterdamEnergyArtificial IntelligenceRenewable Energy

Investors

PdenhNewionRockstartAsteliaETF Partners

Description

Dutch firm Dexter Energy uses AI-based renewable power generation forecasting for short-term energy trading solutions. It has announced it raised a €10.5 million Series B round to support its expansion into new European markets as it aims to double the size of its team by the end of this year.

Quick answer

Dexter Energy raised €10.5 Million in a Funding Round round, dated April 18, 2023. Investors: Pdenh, Newion, Rockstart, Astelia and ETF Partners. Dexter Energy is based in Amsterdam, North Holland, Netherlands.

How much did Dexter Energy raise?
Dexter Energy raised €10.5 Million in a Funding Round round on April 18, 2023.
Who invested in Dexter Energy?
Pdenh, Newion, Rockstart, Astelia and ETF Partners are named as investors in this round.
What does Dexter Energy do?
Dexter Energy offers AI-based forecasting and short-term trade optimization products to mitigate balancing risk and maximize revenues for renewable energy companies.
Where is Dexter Energy based and how big is it?
Dexter Energy is based in Amsterdam, North Holland, Netherlands. Fundz records about 104 employees.
Who are the decision-makers at Dexter Energy?
Fundz holds 1 contact at Dexter Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Dexter Energy that raised within 45 days of this round, from Fundz verified event records.

  • UtilityInnovation Group raised an undisclosed amount (Funding Round) on April 11, 2023.
  • trawa raised $2.6M (Seed) on March 7, 2023.
  • Zefiro Methane Corp raised $1.3M (Seed) on May 29, 2023.
  • Lyten raised an undisclosed amount (Funding Round) on May 25, 2023.
  • FuelCell Energy raised $87M (Funding Round) on May 25, 2023.
  • Satellite Vu raised $16M (Funding Round) on May 24, 2023.

Who to call at Dexter Energy, and when

A new round usually means Dexter Energy is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Dexter Energy raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Dexter Energy, from your own LinkedIn network

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Company Information

Company

Dexter Energy

Location

Amsterdam, North Holland, Netherlands

About

Dexter Energy offers AI-based forecasting and short-term trade optimization products to mitigate balancing risk and maximize revenues for renewable energy companies. The services optimize the portfolio of energy companies by accurately forecasting wind and power generation and imbalances on the grid, resulting in up to 35% balancing cost savings.

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Related People

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Dexter Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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